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Pakistan’s top private schools face CCP action for forcing parents to buy overpriced supplies

November 21, 2025 4:42

The Competition Commission of Pakistan (CCP) has issued show-cause notices to 17 major private school systems over allegations of abusing their dominant position by forcing parents to buy costly, logo-branded notebooks, workbooks and uniforms exclusively from school-authorised suppliers. The move, the CCP said, aims to protect millions of students and their families from unfair and anti-competitive pricing practices. The CCP in a handout said the enforcement action follows a detailed suo motu inquiry initiated on the basis of numerous complaints from parents, guardians, and other stakeholders. Complainants alleged arbitrary fee hikes, non-transparent selling practices, and the bundling of mandatory branded school supplies, effectively leaving families with no choice but to purchase these items at inflated prices. The school systems under scrutiny include, Beaconhouse School System, The City School, Headstart, Lahore Grammar School (LGS), Froebel’s, Roots International, Roots Millennium, KIPS, Allied Schools, Super Nova, Dar-e-Arqam, STEP School, Westminster International, United Charter School, and The Smart School, among others. These school networks operate hundreds of campuses nationwide and collectively educate millions of students, giving them considerable influence over enrolled families. JI Karachi links school dropouts to corruption in Sindh The CCP’s inquiry revealed that parents were mandated to buy logo-bearing notebooks, workbooks, uniforms, and other ancillary school products from exclusive school-authorised outlets. In several instances, schools sold compulsory “study packs” through online portals or designated vendors, with students prohibited from using generic notebooks or uniforms from the open market. The CCP defined the relevant markets as the provision of education services to enrolled students, where each school enjoyed a 100% market share, making students “captive consumers”, and the market for ancillary school products, which became the “tied market.” As per the inquiry report, many study packs were up to 280% more expensive than similar items available in open markets. Leading school systems engaged in tying arrangements, making continued enrollment conditional upon purchasing secondary products such as notebooks and uniforms. Schools appointed exclusive vendors, foreclosing the market for thousands of small stationery and uniform sellers nationwide, the report said. It said mandatory branded supplies and restrictive trading conditions were found to be violating Sections 4(1) and 4(2)(a) of the Competition Act, 2010. High switching costs, such as limited school options, substantial transfer fees, and transportation constraints left parents with no viable alternative, enabling schools to enforce these practices without resistance. The CCP observed that these practices restricted market access, harmed small retailers, and limited consumer choice across Pakistan. Private educational institutions account for nearly half of all student enrollment in the country. With inflation already straining household budgets, the imposition of overpriced branded materials further burdens families and raises concerns about excessive commercialisation within the education sector. Private schools: CCP begins probe against exorbitant fees CCP has directed the 17 school systems to submit written responses within 14 days, appear before the commission through duly authorised representatives, and explain why enforcement orders under Section 31 and penalties under Section 38 should not be imposed. Failure to comply may result in ex-parte proceedings. Under the law, CCP may impose a penalty of up to 10% of the annual turnover or Rs750 million, whichever is higher, for such violations. [...]

Wall Street inches up as December rate cut bets strengthen

November 21, 2025 3:54

Wall Street’s main indexes edged up on Friday as traders boosted bets on an interest rate cut by the Federal Reserve next month following remarks from policymakers, while technology shares steadied after a bruising selloff in the previous session. New York Fed President John Williams, a voting member of the Federal Open Market Committee, said the central bank can still cut rates “in the near term” without putting its inflation goal at risk. Traders now see a more than 70% chance that the Fed will cut its main lending rate by 25 basis points in December, up from a near 37% chance seen earlier in the day, according to the CME FedWatch Tool. Boston Fed President Susan Collins, however, said on CNBC policy was “in the right place”, indicating skepticism about the need for another rate cut. Her stance contrasts with dovish signals from some peers, a divergence that could stoke market volatility ahead of the December meeting. “There’s still expectations for the rate-cutting cycle to continue, whether it’s in December or early next year,” said John Campbell, head of systematic core equity team at Allspring Global Investments. “There could be some volatility around December’s cut, but the rate-cutting cycle will probably still continue into next year.” Global brokerages remained divided over the likelihood of a December rate cut after Thursday’s release of the long-delayed September jobs report, which marks the last employment reading before the Fed’s verdict next month. At 09:49 a.m. ET, the Dow Jones Industrial Average rose 68.12 points, or 0.14%, to 45,817.68. The S&P 500 gained 19.13 points, or 0.29%, to 6,557.68, while the Nasdaq Composite advanced 53.76 points, or 0.24%, to 22,131.10. Most megacap and growth stocks gained, with Alphabet leading the pack with a 4% rise. Eli Lilly rose 1.3%, becoming the first drugmaker to touch a $1 trillion market capitalization. Nvidia was down 0.4% after a volatile session on Thursday when the shares swung as much as 5% higher before closing 3.2% down following its third-quarter results. “Valuations have gotten stretched and some investors have been keeping their eye on the exit. Expectations have gotten very high for the AI theme,” Campbell said. The S&P 500 and the Nasdaq were on track for their worst weekly fall since March. Consumer discretionary and information technology sectors were also set for steep declines this week. The Nasdaq has retreated sharply from its October peak and is poised for a sharp drop in November amid skepticism over tech monetization prospects, circular spending within the sector and rising debt issuance. Markets also digested the November business report, with factory activity slowing to a four-month low on higher prices because of tariffs. Intuit gained 4.1% after the financial management tools company forecast second-quarter revenue growth above market expectations. Advancing issues outnumbered decliners by a 1.82-to-1 ratio on the NYSE and by a 1.61-to-1 ratio on the Nasdaq. The S&P 500 posted four new 52-week highs and four new lows, while the Nasdaq Composite recorded five new highs and 191 new lows. [...]

Rupee strengthens against US dollar

November 21, 2025 3:45

Rupee's Performance Against US Dollar Since 04 March 2025 const ctx = document.getElementById('closingRatesChart').getContext('2d'); const closingRatesChart = new Chart(ctx, { type: 'line', data: { labels: [ "04-Mar-25", "05-Mar-25", "06-Mar-25", "07-Mar-25", "10-Mar-25", "11-Mar-25", "12-Mar-25", "13-Mar-25", "14-Mar-25", "17-Mar-25", "18-Mar-25", "19-Mar-25", "20-Mar-25", "21-Mar-25", "24-Mar-25", "25-Mar-25", "26-Mar-25", "27-Mar-25", "28-Mar-25", "03-Apr-25", "04-Apr-25", "07-Apr-25", "08-Apr-25", "09-Apr-25", "10-Apr-25", "11-Apr-25", "14-Apr-25", "15-Apr-25", "16-Apr-25", "17-Apr-25", "18-Apr-25", "21-Apr-25", "22-Apr-25", "23-Apr-25", "24-Apr-25", "25-Apr-25", "28-Apr-25", "29-Apr-25", "30-Apr-25", "02-May-25", "05-May-25", "06-May-25", "07-May-25", "08-May-25", "09-May-25", "12-May-25", "13-May-25", "14-May-25", "15-May-25", "16-May-25", "19-May-25", "20-May-25", "21-May-25", "22-May-25", "23-May-25", "26-May-25", "27-May-25", "29-May-25", "30-May-25", "02-Jun-25", "03-Jun-25", "04-Jun-25", "05-Jun-25", "10-Jun-25", "11-Jun-25", "12-Jun-25", "13-Jun-25", "16-Jun-25", "17-Jun-25", "18-Jun-25", "19-Jun-25", "20-Jun-25", "23-Jun-25", "24-Jun-25", "25-Jun-25", "26-Jun-25", "27-Jun-25", "30-Jun-25", "02-Jul-25", "03-Jul-25", "04-Jul-25", "07-Jul-25", "08-Jul-25", "09-Jul-25", "10-Jul-25", "11-Jul-25", "14-Jul-25", "15-Jul-25", "16-Jul-25", "17-Jul-25", "18-Jul-25", "21-Jul-25", "22-Jul-25", "23-Jul-25", "24-Jul-25", "25-Jul-25", "28-Jul-25", "29-Jul-25", "30-Jul-25", "31-Jul-25", "01-Aug-25", "04-Aug-25", "05-Aug-25", "06-Aug-25", "07-Aug-25", "08-Aug-25", "11-Aug-25", "12-Aug-25", "13-Aug-25", "15-Aug-25", "18-Aug-25", "19-Aug-25", "20-Aug-25", "21-Aug-25", "22-Aug-25", "25-Aug-25", "26-Aug-25", "27-Aug-25", "28-Aug-25", "29-Aug-25", "01-Sep-25", "02-Sep-25", "03-Sep-25", "04-Sep-25", "05-Sep-25", "08-Sep-25", "09-Sep-25", "10-Sep-25", "11-Sep-25", "12-Sep-25", "15-Sep-25", "16-Sep-25", "17-Sep-25", "18-Sep-25", "19-Sep-25", "21-Sep-25", "22-Sep-25", "23-Sep-25", "24-Sep-25", "25-Sep-25", "26-Sep-25", "29-Sep-25", "30-Sep-25", "01-Oct-25", "02-Oct-25", "03-Oct-25", "06-Oct-25", "07-Oct-25", "08-Oct-25", "09-Oct-25", "10-Oct-25", "13-Oct-25", "14-Oct-25", "15-Oct-25", "16-Oct-25", "17-Oct-25", "20-Oct-25", "21-Oct-25", "22-Oct-25", "23-Oct-25", "24-Oct-25", "27-Oct-25", "28-Oct-25", "29-Oct-25", "30-Oct-25", "31-Oct-25", "03-Nov-25", "04-Nov-25", "05-Nov-25", "06-Nov-25", "07-Nov-25", "10-Nov-25", "11-Nov-25", "12-Nov-25", "13-Nov-25", "14-Nov-25", "17-Nov-25", "18-Nov-25", "19-Nov-25", "20-Nov-25", "21-Nov-25" ], datasets: [{ label: 'Closing Rates', data: [ 279.77, 279.87, 279.82, 279.97, 280.07, 279.95, 279.97, 280.05, 280.21, 280.17, 280.27, 280.21, 280.22, 280.26, 280.37, 280.42, 280.26, 280.22, 280.16, 280.56, 280.47, 280.57, 280.73, 280.78, 280.56, 280.47, 280.60, 280.57, 280.46, 280.62, 280.72, 280.87, 280.77, 280.97, 281.07, 280.97, 281.07, 281.02, 280.97, 281.06, 281.22, 281.37, 281.47, 281.52, 281.71, 281.57, 281.67, 281.72, 281.61, 281.66, 281.77, 281.92, 281.97, 282.06, 281.97, 282.06, 282.17, 282.07, 282.02, 281.97, 282.12, 282.22, 282.17, 282.21, 282.47, 282.67, 282.96, 283.17, 283.41, 283.55, 283.64, 283.70, 283.87, 283.77, 283.72, 283.67, 283.72, 283.76, 283.95, 283.86, 283.97, 284.22, 284.36, 284.47, 284.56, 284.46, 284.72, 284.67, 284.96, 284.97, 284.87, 284.95, 284.97, 284.76, 284.22, 283.45, 283.21, 283.05, 282.95, 282.87, 282.72, 282.66, 282.57, 282.67, 282.56, 282.47, 282.45, 282.42, 282.22, 282.06, 282.01, 281.96, 281.95, 281.92, 281.90, 281.87, 281.86, 281.83, 281.8, 281.77, 281.75, 281.72, 281.71, 281.67, 281.65, 281.62, 281.61, 281.60, 281.56, 281.55, 281.52, 281.51, 281.50, 281.47, 281.46, 281.45, 281.46, 281.42, 281.43, 281.41, 281.37, 281.35, 281.32, 281.31, 281.27, 281.26, 281.25, 281.22, 281.21, 281.20, 281.17, 281.16, 281.15, 281.12, 281.11, 281.10, 281.07, 281.06, 281.05, 281.03, 281.02, 281.01, 280.97, 280.96, 280.92, 280.91, 280.90, 280.87, 280.86, 280.85, 280.82, 280.81, 280.78, 280.77, 280.76, 280.72, 280.71, 280.67, 280.66, 280.66, 280.65, 280.62 ], borderColor: 'black', borderWidth: 1, fill: false, pointRadius: 3 }] }, options: { responsive: true, plugins: { legend: { display: false } }, scales: { x: { title: { display: true, text: 'Date' } }, y: { title: { display: true, text: 'Closing Rate' } } } } }); The Pakistani rupee recorded marginal improvement against the US dollar, appreciating 0.01% in the inter-bank market on Friday. At close, the currency settled at 280.62, a gain of Re0.03 against the greenback. On Thursday, the local unit closed at 280.65. Internationally, the US dollar was on track for its best week in over a month on Friday as investors wagered the Federal Reserve is unlikely to cut rates next month, with the case for further easing made no clearer by a confounding US jobs report. The release of the delayed US nonfarm payrolls report on Thursday painted a mixed picture of the country’s labour market, showing employment growth accelerated in September, but the jobless rate rose to 4.4%, its highest level in four years. That reinforced the view that the Fed is likely to hold off on cutting rates at its December meeting, as policymakers continue to sail through an economic fog brought about by the US government shutdown. Against the dollar, the euro was pinned near a two-week low and last bought $1.1528, on track for a weekly decline of 0.8%. The dollar index, which measures the greenback against a basket of peers, flirted with a 5-1/2-month peak and last stood at 100.20. It was on track to clock a weekly gain of 0.9%, its best performance in over a month. Oil prices, a key indicator of currency parity, fell on Friday, extending declines for a third session as the United States pushed for a Russia-Ukraine peace deal that could swell global supply while uncertainty over interest rates curbed investors’ risk appetite. Brent crude futures dropped by $1, or around 1.6%, to $39 a barrel by 1417 GMT. US West Texas Intermediate crude was down around 1.9%, or $1.10, at $57.90. Inter-bank market rates for dollar on Friday BID Rs 280.62 OFFER Rs 280.82 Open-market movement In the open market, the PKR gained 1 paisa for buying and 5 paise for selling against USD, closing at 281.29 and 281.65, respectively. Against Euro, the PKR lost 46 paise for buying and 32 paise for selling, closing at 324.10 and 326.95, respectively. Against UAE Dirham, the PKR lost 1 paisa for both buying and selling, closing at 76.62 and 77.39, respectively. Against Saudi Riyal, the PKR lost 4 paise for buying and remained unchanged for selling, closing at 74.94 and 75.52, respectively. Open-market rates for dollar on Friday BID Rs 281.29 OFFER Rs 281.65 [...]

Selling returns to bourse, KSE-100 settles with over 800 points loss

November 21, 2025 3:20

After days of buying momentum, selling pressure returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index closing with a loss of over 800 points on Friday. After a relatively uneventful trading session during the first half, selling was observed at the bourse during the final hours of trading. At close, the benchmark index settled at 162,102.92, a decrease of 834 points or 0.51%. “Range bound activity was observed today during the most part of trading session, as index traded between positive and negative session with low volume; however, pressure was observed in the closing hours of the trade… This dull activity can be attributed to lack of triggers/news in the market,” brokerage house Topline Securities said in its post-market report. Top positive contribution to the index acme from HBL, BOP, FATIMA, MCB and HMB, as they cumulatively contributed 150 points to the index, on the other hand FFC, PPL, ENGROH and MLCF lost value to weigh down on the index by 417 points, it added. On Thursday, the PSX witnessed a broadly positive trading session, with all major indices closing higher and the overall market capitalisation posting a noticeable rise. The KSE-100 gained 710.66 points, or 0.44%, to close at 162,936.94. On a weekly basis, the KSE-100 posted a nominal gain of +0.10%. “This meager gain can be accredited to investors preference to remain on sidelines amid absence of any major news flow,” Topline said. Internationally, Asian shares extended a global rout on Friday as the much-anticipated US jobs data failed to provide clarity on the near-term path for interest rates, with investors returning to dumping risk assets even after Nvidia’s earnings dazzled. Wall Street dived overnight as jitters over inflated tech stock prices returned, resulting in the Nasdaq’s widest one-day swing since April 9, when President Donald Trump’s “Liberation Day” tariffs spooked markets. Data showed the US economy added far more jobs than expected in September, but a rise in the unemployment rate and downward revisions to prior months painted an ambiguous picture for the Federal Reserve as it considers whether or not to cut interest rates next month. Treasury yields fell as futures moved to imply a 40% probability of a US rate cut in December, up from 30% a day earlier, but with the next payrolls numbers available only after the Fed meeting, investors remained unconvinced of an easing next month. On Friday, MSCI’s broadest index of Asia-Pacific shares outside Japan tumbled 1.8% to bring its weekly loss to 3%, the biggest since early April. Japan’s Nikkei fell 1.8% and was down 2.8% for the week. Meanwhile, the Pakistani rupee recorded marginal improvement against the US dollar, appreciating 0.01% in the inter-bank market on Friday. At close, the currency settled at 280.62, a gain of Re0.03 against the greenback. Volume on the all-share index increased to 768.05 million from 725.87 million recorded in the previous close. The value of shares declined to Rs28.64 billion from Rs35.32 billion in the previous session. WorldCall Telecom was the volume leader with 76.71 million shares, followed by K-Electric Ltd with 64.28 million shares, and Bank Makramah with 61.38 million shares. Shares of 476 companies were traded on Friday, of which 145 registered an increase, 289 recorded a fall, and 42 remained unchanged. [...]

Copper hits two-week low as tech selloff continues

November 21, 2025 2:36

LONDON: Copper slumped to a more than two-week low on Friday on tech sector fears while U.S. jobs data added to doubts over a potential cut to U.S. interest rates in December. Benchmark three-month copper on the London Metal Exchange was down 0.4% at $10,700 a metric ton in official open-outcry trading, on course for a weekly decline of 1.3%. The metal widely used in power, construction and manufacturing earlier touched a low of $10,607.50, its weakest since November 5. “I think the main panic in markets relates to the selloff in crypto,” said Dan Smith at Commodity Market Analytics. “Bitcoin is falling like a stone and down about a third from the recent high. The danger is that this feeds into a death spiral for anybody that is overexposed.” Bitcoin hit a seven-month low on Friday. U.S. September jobs data, which had been delayed by the government shutdown, on Thursday showed stronger than expected growth in new hiring but a rise in the jobless rate to its highest in nearly four years. “The fog around U.S. statistics has meant that the Fed is unlikely to cut rates in December,” Smith said, referring to the U.S. central bank. “This is resulting in some U.S. strength, which is bearish for metal markets.” A stronger dollar makes dollar-denominated metals more expensive for holders of other currencies. The LME complex was down across the board. Aluminium lost 0.8% to $2,792 a ton, tin was down 1% at $36,700, zinc retreated by 1.3% to $2,978 after notching a one-month low and lead fell by 0.8% to $1,994 after hitting a similar milestone. Nickel ws down 0.4% at $14,450 a ton after sliding to its lowest in seven months. The metal used to make stainless steel and rechargeable batteries was down 2.8% for the week and heading for its worst week since April. [...]

Global LNG: Asia spot prices rise slightly amid high inventories, muted demand

November 21, 2025 2:32

LONDON: Asian spot liquefied natural gas prices rose slightly this week, but remained around the $11 area on well-stocked inventories and weak demand. The average LNG price for January delivery into north-east Asia was $11.66 per million British thermal units, up from $11.10/mmBtu last week, industry sources estimated. “The APAC market remains largely flat to bearish, which is reflective of (a) later start to winter with unseasonably warmer temps, which is muting cyclical heating demand,” said Toby Copson, chairman at Davenport Energy Partners. “Geopolitical risk premiums are mostly priced in, so failing any new supply bottlenecks, it is going to trade in this current range until we see a drastic and prolonged drop in temperatures,” he added. Asian spot gas prices built up their premium to European gas prices for near months at the TTF hub, mainly to account for an increase in spot charter rates that meant drawing cargoes over longer distances to Asia rather than Europe would cost more, said Alex Froley, senior LNG analyst at data intelligence firm ICIS. In Europe, Dutch and British wholesale gas prices edged lower on Friday morning as expectations of stronger wind power output and warmer temperatures curbed gas demand. Prices rose earlier this week as a cold spell drove heating demand higher. “Spot gas prices at the TTF hub have held fairly rangebound, with the first big cold snap of the winter not driving them significantly higher,” Froley said. Europe storage inventories are lower than the previous two years, but healthy U.S. supply is keeping withdrawals at a slower rate versus last year, said Aly Blakeway, manager of Atlantic LNG at S&P Global Energy. LNG demand continues to grow into the East Mediterranean region, including Turkey and Greece, on strong gas demand for power generation. This, along with Egypt’s prompt procurement of a few cargoes, pushed sellers to withhold their offers as they race to sell into these premium markets, Blakeway said. S&P Global Energy assessed its daily North West Europe LNG Marker (NWM) price benchmark for cargoes delivered in January on an ex-ship (DES) basis at $9.994/mmBtu on November 20, a $0.49/mmBtu discount to the price at the TTF hub. Argus assessed the price at $10.020/mmBtu, while Spark Commodities assessed the December price at $10.060/mmBtu. The number of hedge funds trading TTF futures soared to a new record high of 450 last week, demonstrating the appeal of the EU gas market as a commodity investment, said independent gas analyst Seb Kennedy. Funds bought more TTF short positions in the week ending November 14, leaving their net position close to zero, he added. The U.S. front-month arbitrage to north-east Asia via the Cape of Good Hope is pointing to Europe, while the arbitrage via the Panama Canal is strongly open to Asia, said Spark Commodities analyst Qasim Afghan. Global LNG freight rates in the Atlantic rose to the highest level since December 2023 at $130,750/day. Pacific rates recorded the highest level since August 2024, at $78,750/day, he added. [...]

UAE shares decline on weak oil and rate cut uncertainty

November 21, 2025 2:26

Stock markets in the United Arab Emirates fell on Friday tracking weaker oil prices as the United States pressed for a Russia-Ukraine peace deal that could boost global supply while stronger than expected U.S. jobs data fuelled uncertainty over interest rates. Ukrainian President Volodymyr Zelenskiy said he would work with Washington on a plan to end the war. Data showed the U.S. economy added far more jobs than expected in September, but a rise in the unemployment rate and downward revisions to prior months painted an ambiguous picture for the Federal Reserve as it considers whether or not to cut interest rates next month. Brent crude was down 1.9% to $62.16 a barrel by 1115 GMT Dubai’s benchmark index slid 1.3%, its sharpest intraday decline in nearly two months, with the broader market firmly in negative territory. Emirates NBD Bank , Dubai’s largest lender, sank 4.7%, while road-toll operator Salik Company also weighed on the market with a 2% decline. Abu Dhabi’s benchmark index dropped 0.9%, settling near its 5-month low as top lenders Abu Dhabi Commercial Bank And First Abu Dhabi Bank tumbled 2.4% and 2.3% respectively. However, Abu Dhabi conglomerate International Holding Company edged 0.2% higher following a report that the firm had expressed interest in Russian oil group Lukoil’s foreign assets to the U.S. Treasury, the company said in response to a Reuters enquiry. Separately, The United Arab Emirates said on Friday it will invest up to $50 billion in Canada under a framework that includes projects in artificial intelligence, energy, and mining sectors. Dubai’s index posted weekly loss of 1.9%, its steepest decline in two-months, while Abu Dhabi’s benchmark fell 1.2% over the week, according to data compiled by LSEG. ABU DHABI down 0.9% to 9,795 DUBAI dropped 1.3% to 5,836 [...]

Broad-based losses weigh on Sri Lankan shares

November 21, 2025 2:22

Sri Lankan shares ended lower on Friday and logged their worst weekly decline since early-April, weighed down by losses across sectors. The CSE All-Share index settled 0.53% lower at 22,982.72 points. It dropped 2% for the week. Sri Lanka’s consumer prices rose 2.7% year-on-year in October, accelerating from a 2.1% increase in September, the statistics department said on Friday. Ambeon Holdings and HDFC Bank of Sri Lanka were the biggest percentage losers on the benchmark index, down 7.8% and 6.3%, respectively. Trading volume on the CSE All-Share fell to 146.7 million shares from 151.2 million shares in the previous session. The equity market’s turnover climbed to 3.82 billion Sri Lankan rupees ($12.41 million) from 3.49 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 290.8 million rupees, while domestic investors were net buyers, purchasing shares worth 3.69 billion rupees, the data showed. [...]

Russian Urals discounts have tripled in India since August as US sanctions hit

November 21, 2025 2:12

MOSCOW: Discounts for Russian flagship Urals crude in Indian ports have tripled since August against dated Brent as U.S. sanctions drive key buyers away from Moscow-supplied oil, three sources involved in the trade said. The United States last month imposed its toughest sanctions yet on Russia’s energy sector, targeting oil majors Lukoil and Rosneft. Friday marks the deadline for companies to wind down all dealings with the two producers. Urals crude has been a mainstay feedstock for Indian refiners since 2023, when Moscow redirected flows to Asia after the European Union banned Russian energy. But supplies to India are set to fall sharply as most refiners suspend purchases, traders said. Reliance Industries India’s largest private refiner, stopped importing Russian crude into its Jamnagar complex in Gujarat effective November 20, a company spokesperson said on Thursday. RUSSIA OIL EXPORTS FROM WESTERN PORTS NEAR PEAK LEVELS Despite the sanctions, Russia’s oil exports from western ports remain near peak levels, supported by OPEC+ output allowances and domestic refinery outages caused by Ukrainian drone strikes. Urals cargoes for December delivery are trading at discounts of $5–$6 a barrel to dated Brent, about three times wider than the $1–$2 seen in August, according to traders and Reuters calculations. The price for Russian oil delivered to Indian ports is typically set on a delivered-ex-ship basis, meaning the price excludes transport costs and other charges borne by the seller. Urals crude free-on-board at Russian ports is currently estimated at around $20 per barrel, depending on cargo and supplier, traders said. Most shipments are handled by Russia-linked “shadow fleet” vessels, allowing Moscow to retain part of the margin from the price differential. Freight rates have held steady despite sanctions on vessels. An Aframax tanker carrying about 700,000 barrels from Baltic ports costs around $7.5 million for a one-way voyage, while a Suezmax trip runs $8–$8.5 million, traders said. Russian oil shipments remain costly but manageable as enough ships are available and Urals trades below the EU’s $60 per barrel price cap, they added. [...]

India bonds hit 3-week trough on rupee’s slide to record low

November 21, 2025 12:24

MUMBAI: Indian government bond slumped to a three-week low on Friday after the rupee hit a fresh record low, sapping risk appetite and fuelling a broad selloff in the debt market. The benchmark 10-year yield ended at 6.5665%, its highest level since October 31. It settled at 6.5324% in the previous session. Bond yields move inversely to prices. The Indian rupee slumped to a fresh record low in its biggest single-day decline since May, battered by portfolio outflows, uncertainty over a U.S.-India trade deal and a pullback in the central bank’s defense of a key level. The south Asian currency fell to an all-time low of 89.49 against the U.S. dollar. Following the rout in the rupee, the 10-year yield closed above the strong technical resistance level of 6.55% for the first time since October 30, raising fears the breakout could trigger further selling in bonds. “A weaker rupee may lead to higher yields, as currency risk premium rises - investors demand more yield to compensate,” said Kunal Sodhani, vice president at Shinhan Bank India. The market had firmed in the first half of the session after a better‑than‑expected cutoff at the weekly debt auction reinforced bets that core long‑term investors are returning to the segment. The Reserve Bank of India sold bonds worth 300 billion rupees during the day, including a near 50-year note, for which the cut-off yield was set at 7.3889%, below traders’ estimate of 7.41%. Market participants are now on edge, closely tracking development in the long-delayed U.S.-India trade deal. RATES India’s overnight index swap (OIS) rates rose across tenors after a weaker rupee stoked a selloff in the bond market. The one-year OIS rate jumped 2 bps and the two-year rate was up 1.5 bps, while both ended at 5.48%. The liquid five-year rate rose 1.5 bps to end at 5.7725%. [...]

Outflows, trade angst push Indian rupee to record low past RBI’s defended line

November 21, 2025 11:39

MUMBAI: The Indian rupee hit a lifetime low on Friday, as a bout of portfolio outflows, uncertainty over a U.S.-India trade deal and a pullback in the central bank’s defense of a key level sparked a slide in the local currency. The rupee fell to 89.49 against the U.S. dollar, sliding past its previous all-time low of 88.80 hit in late September and earlier this month. It was down 0.9% on the day, its biggest single-day decline since May. The South Asian currency has struggled for three months since steep U.S. tariffs on Indian exports took effect in late August, even as India’s economic fundamentals remain resilient while equity markets are hovering near record highs. The tariffs though have impacted trade and portfolio flows, and pushed India’s merchandise trade deficit to a record high last month, with exports to the United States down 9% year-on-year. Foreign investors, meanwhile, have withdrawn $16.5 billion from Indian equities so far this year, making India one of the worst-hit countries in terms of foreign portfolio outflows. Traders said the Reserve Bank of India, which had actively defended the 88.80 level in recent sessions, appeared to have scaled back its defense and instead likely stepped in near 89.50 on Friday. “There were large custodial outflows and stop-losses got breached. With the central bank not intervening (near 88.80) the depreciation became all the more pronounced,” a trader at a large foreign bank said. The rupee is among the weakest performers in major Asian currencies this year, down 4.5% year-to-date. “An early trade deal is important for a recovery in export order momentum, which remains below Jan-Jul levels as per PMI data,” economists at Citi said in a note. Citi expects India to post a balance of payments (BoP) deficit of $5 billion for fiscal 2026. “If correct, this would be the first time since at least 1991 that India has seen two consecutive years of BoP deficit,” the note added. Over recent weeks, the rupee also had to contend with a rise in hedging interest from importers and muted activity from exporters. On USD/INR, 89.50 is the new resistance for now, said Dhiraj Nim, an FX and rates strategist at ANZ, adding that “the RBI seems to be relenting to a market that has been short INR for quite some time.” “A lot now depends on the trade deal. A favourable one can bring USD/INR down materially,” Nim said. The local currency also hit an all-time low of 12.60 against the offshore Chinese yuan on Friday, down 8% on the year. [...]

India’s SEBI mulls proposal to expand pool of investments for REITs and InvITs

November 21, 2025 11:25

India markets regulator is considering widening liquid mutual fund options for Real Estate Investment Trusts and Infrastructure Investment Trusts to boost their participation, its chairperson said in a speech. “We are examining a proposal to expand the pool of liquid mutual fund schemes, in which REITs and InvITs can invest, while safeguarding investor interests,” Tuhin Kanta Pandey, chairman of Securities and Exchange Board of India said. SEBI will also facilitate inclusion of REITs in indices, Pandey said, according to the speech on the regulator’s website dated Friday. The development comes months after the regulator proposed allowing foreign investors and qualified institutional buyers to participate as strategic investors in the trusts, aimed at boosting capital inflows in the sectors. SEBI is working with Insurance Regulatory and Development Authority of India, Pension Fund Regulatory and Development Authority and Employees’ Provident Fund Organisation for the recent development, to facilitate greater participation. “We are also exploring whether private InvITs too may invest in greenfield projects, with adequate safeguards,” Pandey said, according to the speech on the regulator’s website. [...]

India’s stocks dip on US jobs data but weekly gains stay intact

November 21, 2025 11:09

India’s equity benchmarks closed marginally lower on Friday due to profit booking after U.S. jobs data dampened hopes of an imminent rate cut, but still logged weekly gains on improving earnings outlook. The Nifty 50 fell 0.47% to 26,068.15, while the BSE Sensex lost 0.47% to85,231.92on the day, having approached record high levels in the previous session. The Nifty and Sensex rose about 0.6% and 0.8% each this week, settling less than 0.9% below their September 2024 all-time highs. Seven of the 16 major sectors logged weekly gains, with IT index adding 1.6%, led by a 2.8% rise in Infosys on a 180-billion-rupee share buyback, which began on Thursday. Auto index gained 1.1% this week, helped by Eicher Motors’ and Hero MotoCorp’s 6.6% and 8.4% jump on upbeat quarterly results. “Despite the profit booking near record high levels, markets have support from firm earnings and cooling FPI selling, and India-U.S. trade deal could trigger a breakout rally,” said Kranthi Bathini, director of equity strategy at Wealthmills Securities. “India’s distance from the overheated global AI trade also makes it a valuation hedge and gives it a shot at outperforming Asian and emerging peers in the near term,” Bathini said. The broader small-caps fell 2.2%. Mid-caps lost 0.8% this week on profit booking after hitting all-time high levels on Tuesday. Among individual stocks, Max Healthcare gained 7.1% this week on strong earnings and improving volumes from capacity expansion. Tata Motors Passenger Vehicles fell 7.4% this week after it cut its fiscal 2026 margin target for Jaguar Land Rover following a production hit from a cyberattack. On the day, metal index fell 2.3% on a firmer dollar and concerns over domestic steel prices. Hindalco Industries lost 2.8% after a fire broke out at unit Novelis’ plant in New York. Other Asian markets slipped 2.8% after strong U.S. jobs data for September dimmed expectations of a December Fed rate cut. [...]

Palm drops over 2%, posts weekly loss on weak demand, strong ringgit

November 21, 2025 11:05

KUALA LUMPUR: Malaysian palm oil futures tumbled more than 2% on Friday, wiping out earlier gains to post a weekly loss, pressured by weak demand and a strong ringgit. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange slid 87 ringgit, or 2.09%, to 4,068 ringgit ($981.19) a metric ton at the close. The contract fell 1.45% this week. The tepid demand and the strength of the ringgit are putting pressure on prices, said Paramalingam Supramaniam, director at Selangor-based brokerage Pelindung Bestari. However, production is slowly entering lower output months, which is keeping prices supported at key levels, Supramaniam said. Cargo surveyors estimated that exports of Malaysian palm oil products for November 1-20 fell between 14.1% and 20.5% from a month earlier. The ringgit palm’s currency of trade, strengthened 0.19% against the dollar, making the commodity more expensive for buyers holding foreign currencies. Dalian’s most-active soyoil contract fell 1.3%, while its palm oil contract shed 2.24%. Soyoil prices on the Chicago Board of Trade were down 1.47%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. Oil prices fell more than 1%, extending declines for a third session as the United States pushed for a Russia-Ukraine peace deal that could swell global supply, while uncertainty over interest rates curbed investors’ risk appetite. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. [...]

Gold price per tola remains stable in Pakistan

November 21, 2025 8:50

Gold prices in Pakistan remained stable on Friday, with the per tola rate standing at Rs426,562. Similarly, 10-gram gold was sold at the same rate of Rs365,708, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs426,562 after a decline of Rs5,000 during the day. The international rate of gold remained unchanged at $4,042 per ounce (with a premium of $20). However, silver price decreased by Rs107 to reach Rs5,222 per tola. Meanwhile, international gold prices inched down on Friday as a stronger-than-expected US jobs report reinforced expectations that the Federal Reserve will refrain from cutting interest rates at its December meeting. Spot gold was down 0.1% at $4,072.87 per ounce, as of 0242 GMT. US gold futures for December delivery edged 0.3% higher to $4,071.90 per ounce. [...]

Pakistan’s standing rises on global stage as Trump embrace Gen Asim Munir: Bloomberg

November 21, 2025 4:42

Pakistan’s global profile is surging after US President Donald Trump embraced Army Chief Asim Munir, whom he calls a “great guy”. Trump claimed he “brokered a ceasefire” that prevented a South Asian catastrophe. The rapprochement has elated Islamabad, with officials calling the May clash an outright victory, reported Bloomberg on Friday. The shift comes as Trump’s relationship with Indian Prime Minister Narendra Modi has deteriorated sharply, with the White House hitting India with some of the highest tariffs in the world. US Congress report says Pakistan beat India “A year ago, India was a central piece of the US’s strategy to work with allies and partners to pressure China, with Pakistan largely an afterthought. Now US-Pakistan relations are on the rise as Trump hits India with high tariffs, upending more than two decades of US policy aimed at improving relations with the world’s biggest democracy,” read the report. “As Trump spars with Indian Prime Minister Narendra Modi, he’s embraced Munir, the formerly obscure commander elevated to a national hero in the wake of the India clash,” said Bloomberg. “Trump now regularly praises Munir when he speaks about the India-Pakistan conflict, calling him a ‘great guy’ and putting him on equal footing with Modi. “The shift in stance has revived Pakistan as a geopolitical power in the region,” it added. However, the changing tides have unsettled a bipartisan consensus in Washington, it noted. Kurt Campbell, US deputy secretary of state in the Biden administration, told Bloomberg Television that “almost all of our strategic interests lie with India” and the “wholesale collapse” of relations between Trump and Modi would likely “lead to some lasting damage”. Others, including Nisha Biswal, partner at The Asia Group and former US assistant secretary of state for South and Central Asian Affairs during the Obama administration, argue that a healthy US-Pakistan relationship could also give the US “leverage over India”. “Both relationships have to stand on their own merits,” she added. “The extent to which the US can exert leverage and pressure on Pakistan, and has the relationship to do so in times of crisis, is an important aspect,” she said. “You don’t want a Pakistan that is impervious to US influence.” Meanwhile, in Pakistan, Munir’s stature has surged following the May confrontation, with officials framing the clash as a success. “We defended ourselves and we won,” said State Minister for Finance Bilal Azhar Kayani, according to Bloomberg. “But in addition to that, the way we have conducted ourselves diplomatically in a changing and fluid global landscape has been commendable.” As per the report, the May clash created a “firmer alignment between Pakistan’s military and civilian leaders,” according to Jay Truesdale, chief executive at geopolitical risk consulting firm TDI and a former chief of staff at the US Embassy in Islamabad. “The way the Americans intervened and the outcome that took place, the Pakistanis can claim that they had a victory, and this has further galvanised the unity of effort,” Truesdale said. As per the report, Islamabad has moved quickly to prioritise areas of interest to Trump, including cryptocurrency and counterterrorism, while the US lowered tariffs on Pakistani goods to 19%, well below India’s. Moreover, apart from the US, Pakistan has ramped up ties with Saudi Arabia, inking an economic pact with the kingdom last month, shortly after reaching a mutual-defence pact with the nation. “Not only the Americans, but the world everywhere, they find in Pakistan right now a leadership that — despite all the challenges — is handling the affairs in a great manner,” General Ahmed Sharif Chaudhry, Pakistan’s top military spokesman, said in an interview in Islamabad. However, “a challenge for Pakistan is whether it can trust Trump and balance relations with the US and China, Islamabad’s top supplier of weapons, infrastructure and aid,” noted the report. “China has been a longstanding partner, so has the US,” Finance Minister Muhammad Aurangzeb said in an interview with the international media outlet. “They both know that we are well engaged on both ends.” Meanwhile, the US is showing interest in Pakistan’s mineral wealth, with US Strategic Metals signing an MoU in September to develop rare earth resources. As per the report, the deal came together after an August meeting with Munir with other business executives in Florida. “We’d like this to become a political win for America,” said USSM commercial director Mike Hollomon. [...]

SECP greenlights PMEX’s proposed acquisition of NCMCL

November 21, 2025 4:27

The Securities and Exchange Commission of Pakistan (SECP) approved on Friday proposed acquisition of a majority stake in the Naymat Collateral Management Company Limited (NCMCL) by the Pakistan Mercantile Exchange Limited (PMEX). “This strategic move is set to accelerate the development of Pakistan’s Electronic Warehouse Receipt (EWR) ecosystem,” a CCP statement said. The EWR system is a secure, digital platform that allows farmers to use their stored crops as verifiable collateral. This enables them to access financing, sell their produce more effectively, and participate in formal trading, ultimately strengthening the entire agricultural value chain, according to the CCP. By integrating PMEX’s institutional strength with NCMCL’s role as the central operator of the EWR system, the collaboration “will expand the network of accredited warehouses, enhance trust and transparency for stored commodities, and improve access to finance for farmers and agribusinesses”. Earlier this week, the SECP said Pakistan was witnessing a significant rise in business confidence and investment activity, supported by the effective facilitation and strategic direction of the Special Investment Facilitation Council (SIFC). The SECP reported that 14,802 new companies were registered in the first four months of the current financial year. With the latest additions, the total number of registered companies in Pakistan reached 272,918. [...]

Elon Musk’s X down for thousands of US users, Downdetector shows

November 21, 2025 4:24

Elon Musk’s X was down for thousands of users in the United States on Friday, according to Downdetector. There were more than 19,500 reports of issues with the social media platform, as of 10:51 a.m. ET, according to Downdetector, which tracks outages by collating status reports from a number of sources. [...]

India’s November business growth slows to 6-month low on weak manufacturing, PMI shows

November 21, 2025 4:05

BENGALURU: India’s private sector activity expanded at its slowest pace in six months in November as manufacturing growth slipped to a nine-month low, offsetting an uptick in services, according to a private survey on Friday. HSBC’s flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P Global, retreated to 59.9 this month from October’s final reading of 60.4 and slightly lower than a Reuters median forecast of 60.1. While the index remains comfortably above the 50-mark separating growth from contraction, a decline for three consecutive months suggests India’s economy is losing momentum. The flash India Manufacturing PMI slumped to a nine-month low of 57.4 in November from 59.2 last month. Factory production growth was the weakest since May as firms reported subdued intakes of new business. Survey participants said the slowdown stemmed partly from “heavy rain” across some regions of the country and challenges in securing orders due to competitive pricing from rivals in global markets. “Overall new orders came in soft, indicating that the GST (goods and services tax)-led boost may have peaked,” said Pranjul Bhandari, chief India economist at HSBC. The country’s dominant services industry, however, provided a buffer as activity accelerated to 59.5 from 58.9 in October. New export orders across the private sector rose at the slowest pace since March, suggesting the 50% punitive U.S. tariffs on imports from India are affecting international demand. India’s merchandise trade deficit hit a record high last month with exports to the U.S. falling nearly 9% year-on-year. A recent cabinet announcement showed the Indian government plans to spend over $5 billion, including credit guarantees and bank loans to help offset the impact of U.S. tariffs. Optimism around year-ahead output slipped to its lowest level since July 2022. That affected the pace of job creation which slowed to a low of over a year and a half. Also, inflationary pressures cooled in November. While input costs rose at their weakest rate in over five years, output charge inflation hit an eight-month low. That points to further easing in overall price pressures. India’s consumer inflation hit a record low of 0.25% last month, increasing chances of monetary policy easing. The Reserve Bank of India is widely expected to cut its key repo rate by a quarter-point next month. [...]

Wall Street inches up as December rate cut bets strengthen

November 21, 2025 3:54

Rupee strengthens against US dollar

November 21, 2025 3:45

Selling returns to bourse, KSE-100 settles with over 800 points loss

November 21, 2025 3:20

Copper giant Codelco signs deal with India’s Adani for exploration in Chile

November 21, 2025 3:16

SANTIAGO: Chilean miner Codelco and India’s Adani Group have signed an agreement for a copper project exploration in Chile, Codelco said in a statement on Friday. The agreement includes the review of three copper projects and sets the framework for potential joint development, the Chilean state-run miner said. The non-binding deal between Codelco and Adani’s Kutch Copper subsidiary includes the exchange of technical and legal information on the three copper projects, the company added. “We are creating a cross-border collaborative model that will ensure long-term copper supply for India,” Vinay Prakash, Adani’s CEO of Natural Resources, said. Codelco, the world’s largest copper producer, has been strengthening its international alliances. On Thursday the company announced a partnership with Japan’s technology firm NTT DATA for artificial intelligence and robotics. [...]

Copper hits two-week low as tech selloff continues

November 21, 2025 2:36

Global LNG: Asia spot prices rise slightly amid high inventories, muted demand

November 21, 2025 2:32

Fed’s Williams says Fed can still cut rates in the “near term,” boosting odds of a December move

November 21, 2025 2:29

WASHINGTON: The U.S. Federal Reserve can still cut interest rates “in the near term” without putting its inflation goal at risk, New York Fed president John Williams said on Friday in comments that prompted traders to rapidly shift bets back in favor of a December rate reduction. “I view monetary policy as being modestly restrictive…Therefore, I still see room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy closer to the range of neutral, thereby maintaining the balance between the achievement of our two goals,” Williams said in comments prepared for delivery at a Central Bank of Chile event. Following his comments investors shifted pricing on contracts tied to the Fed’s benchmark interest rate to reflect a nearly 60% chance of a quarter point cut at the Dec. 9-10 meeting, reversing what had been strong conviction that the Fed would pause at its next meeting due to concerns about inflation. Though progress on inflation has “temporarily stalled” with prices rising well above the Fed’s 2% target, Williams said he expected price pressures to ease as the impact of tariffs passes through the economy. Meanwhile the job market appears to be softening, with the unemployment rate rising in September to a 4.4% level comparable to the pre-pandemic years “when the labor market was not overheated,” he said. The Fed needs to reach its inflation target “without creating undue risks to our maximum employment goal,” Williams said. His comments come amid debate about whether the Fed should cut rates in December, with some other regional bank presidents drawing a hard line against further rate cuts until it is clear that inflation will drop to the Fed’s 2% target from its current, still-elevated level. The New York Fed president, however, holds a permanent voting position on the rate-setting Federal Open Market Committee and serves as its vice-chair, a leadership position that adds further weight to his comments about monetary policy. [...]

UAE shares decline on weak oil and rate cut uncertainty

November 21, 2025 2:26

Broad-based losses weigh on Sri Lankan shares

November 21, 2025 2:22

Abu Dhabi’s IHC interested in Lukoil’s foreign assets

November 21, 2025 2:19

ABU DHABI: Abu Dhabi conglomerate International Holding Company has told the U.S. Treasury it is interested in buying Russian oil group Lukoil’s foreign assets, the company said in response to a Reuters enquiry. IHC, an Abu Dhabi conglomerate led by a key member of the United Arab Emirates’ ruling family, joins a growing list of potential bidders for Lukoil’s global assets that includes oil majors ExxonMobil and Chevron, and U.S. private equity firm Carlyle. Lukoil’s international assets are up for grabs after the U.S. imposed sanctions on the company. Washington rejected Swiss commodity trader Gunvor as a potential buyer, opening up the process to others. They have until December 13 to talk to Lukoil and U.S. approval will be needed for specific deals. Asked if IHC has notified the U.S. Treasury of its interest in Lukoil’s foreign assets, IHC said: “Yes, we have expressed interest in Lukoil’s foreign assets.” IHC did not comment further. The U.S. last month imposed sanctions on Russia’s two biggest oil companies, Rosneft and Lukoil, as Washington seeks to pressure Moscow into ending the war in Ukraine. Lukoil has faced growing disruptions to its foreign assets, which account for about 0.5% of global oil production, since the sanctions were imposed. Lukoil has three refineries in Europe, stakes in oilfields in Kazakhstan, Uzbekistan, Iraq, Mexico, Ghana, Egypt, the UAE and Nigeria, and hundreds of retail fuel stations around the world, including in the United States. IHC has a wide range of activities, including healthcare, energy, real estate, agriculture and mining, with global investments in the U.S., India, Latin America and Africa. Its CEO told Reuters this week IHC could deploy $30 billion to $35 billion over an 18-month cycle, funding its investments through a mix of debt and equity. IHC, Abu Dhabi’s largest listed company, is chaired by Sheikh Tahnoon bin Zayed Al Nahyan, brother of the UAE’s president and national security adviser, who is also head of two of the emirate’s sovereign wealth funds. IHC is 61.2% owned by Royal Group, a private investment firm owned by Sheikh Tahnoon. Sheikh Tahnoon is seen as key to the UAE’s ambitions of becoming a global AI hub and regularly meets with top global business and political leaders. U.S. President Donald Trump hosted Sheikh Tahnoon at the White House in March. [...]

Adani Enterprises sells stake worth $121 million in AWL Agri Business

November 21, 2025 2:15

Indian conglomerate Adani Enterprises’ unit sold shares worth 10.86 billion rupees ($121.2 million) in AWL Agri Business via a bulk deal, exchange data showed on Friday. Adani Commodities, a subsidiary of Adani Enterprises, sold 39.5 million shares in AWL Agri for 275.09 rupees apiece, reflecting a 0.6% discount to Thursday’s close. The unit owned a 20% stake in AWL Agri, as of September 30, representing 259.9 million shares held, exchange data showed. [...]

PMDC takes notice of issues raised during NA panel’s meeting

November 22, 2025 1:10

ISLAMABAD: The Pakistan Medical and Dental Council (PMDC) on Friday took notice of the issues raised during the recent meeting of the National Assembly’s standing committee on National Health Services and Regulations. The PMDC assured students in the medical field of resolving all their concerns. Following the NA committee’s observations and findings, the PMDC held a special session to discuss the matters raised during the committee meeting. The council fully understands the concerns of students, parents, and all stakeholders, and is actively working toward practical solutions. The Council is committed to ensuring that examination standards remain uniform, transparent, and fair each year. The digitalisation and standardisation measures are being strengthened so that every student receives equal and merit-based opportunities. To address the issue of vacant seats, the PMDC, together with universities and the Law Division, is preparing a legally sound and transparent plan to prevent seat wastage and ensure the timely placement of eligible candidates. The PMDC is also maintaining close coordination with IBCC to ensure fairness between Cambridge-system and local board students. The Council feels responsible for ensuring that all foreign-system students receive equitable and transparent grade conversions and academic facilitation. PMDC considers every student an essential part of the system and remains fully dedicated to safeguarding their academic interests. The Council will continue to extend full cooperation at every forum to ensure maximum relief for students. Every decision of the PMDC is guided by the principles of merit, transparency, and adherence to national standards. The PMDC ensures its dedication to functioning as a professional, transparent, and student-centred regulator. The body will continue strengthening Pakistan’s medical and dental education system, ensuring that it remains fair, credible, and aligned with international benchmarks. The PMDC assures all students that they will receive complete support, and their academic future will be protected without compromise. Copyright Business Recorder, 2025 [...]

Journalist, father: CPJ, partners urge Indian police to probe death threats

November 22, 2025 1:10

NEW YORK: The Committee to Protect Journalists and nine partner organizations urged Navi Mumbai Police Commissioner Milind Bharambe to investigate death threats made against Indian journalist and Washington Post columnist Rana Ayyub and her father, and to provide immediate protection for both. In a joint letter, the signatories welcomed the police’s swift registration of Ayyub’s recent complaint but urged Commissioner Bharambe to open a formal investigation paired with visible, adequate protection to send a clear message that journalists in India can work without fear of retaliation or harm. [...]

Indo-Pacific Ministerial Forum: Pakistan for renewed multilateralism, peaceful dialogue

November 22, 2025 1:10

BRUSSELS: Deputy Prime Minister and Foreign Minister (DPM/FM), Senator Mohammad Ishaq Dar on Friday called for strengthened multilateralism, inclusive cooperation and renewed global dialogue. Addressing the Indo-Pacific Ministerial Forum Roundtable here, Senator Dar warned that the world stood “at a pivotal moment,” facing rising conflicts, great-power rivalries, economic disruptions, and rapid technological transformation driven by artificial intelligence. He cautioned that global challenges were intensifying even as “our collective ability to respond is weakening,” noting that multilateralism was “under siege” and the international system increasingly fragmented. He said the moment demanded “leadership and dialogue — not divisions,” adding that divisive bloc politics and strategic confrontation were “not tenable for the future.” Pakistan, he underscored, seeks to advance convergences and reduce divergences through dialogue, connectivity, and peaceful dispute resolution. Highlighting Pakistan’s diplomatic efforts, Senator Dar recalled the country’s July presidency of the UN Security Council, during which it led the unanimous adoption of Resolution 2788 (2025) aimed at strengthening mechanisms for peaceful settlement of disputes. He reaffirmed Pakistan’s support for strengthening global governance, including through China’s Global Governance Initiative. Senator Dar stressed that the Asia-Pacific must not be turned into a stage for major-power rivalry, arguing that constructs such as the “Indo-Pacific” overlook the region’s cultural, historical and geographical realities. “Inclusivity, not exclusivity, must guide our cooperative approach,” he said. On South Asia, he expressed concern over recent “deliberate acts of aggression” in the region, condemning attempts to incite war hysteria and escalate tensions. He described the decision to place the Indus Waters Treaty in abeyance as “illegal and unilateral” warning it posed a serious threat to regional stability and demanding its immediate reversal. Sustainable peace in South Asia, he said, required the peaceful resolution of the Jammu and Kashmir dispute in accordance with UN Security Council resolutions and the aspirations of the Kashmiri people. Regarding Afghanistan, Senator Dar reaffirmed Pakistan’s desire for a peaceful, stable and economically connected neighbour. He urged the Afghan Taliban authorities to “act responsibly,” honour their commitments, and ensure that terrorism is rooted out from Afghan soil. Addressing the Middle East, the Deputy Prime Minister condemned the ongoing atrocities in Gaza and the continued Israeli occupation of Palestinian territories. He welcomed the Sharm El-Sheikh Peace Agreement facilitated by President Trump and Arab-Islamic countries, expressing hope that the recent UN Security Council resolution on Gaza would pave the way for a permanent ceasefire, Israeli withdrawal, humanitarian access and reconstruction. He reiterated Pakistan’s longstanding position supporting a sovereign and contiguous Palestinian state based on pre-1967 borders with Al-Quds Al-Sharif as its capital. On the Ukraine conflict, Senator Dar said Pakistan’s stance was anchored in the UN Charter and expressed hope for a peaceful resolution that would help stabilize global food and energy markets. He also praised the European Union’s model of cooperation as a demonstration of how inclusivity and interdependence foster peace and prosperity. Outlining Pakistan’s geo-economic vision, he said the country aimed to serve as a hub for trade and energy connectivity between Asia and Europe. Synergies between the China-Pakistan Economic Corridor and the EU’s Global Gateway, he added, could create green, digital and transport corridors linking the EU and the Asia-Pacific. Senator Ishaq Dar concluded by reaffirming Pakistan’s commitment to regional cooperation, peaceful dialogue, and a strengthened multilateral order. [...]

PM, Governor discuss KP affairs

November 22, 2025 1:10

ISLAMABAD: Prime Minister Shehbaz Sharif held a meeting on Friday with Governor Khyber Pakhtunkhwa (KP) Faisal Karim Kundi to review matters related to the province. According to the Prime Minister’s Office, the discussion covered key administrative and development-related issues concerning KP. The two leaders also exchanged views on the country’s overall political situation. Federal Minister for Kashmir Affairs, Gilgit-Baltistan and Frontier Regions Engineer Amir Muqam, along with Federal Minister for Public Affairs Unit Rana Mubashir Iqbal also attended the meeting. [...]

‘UET’s rise to 205th position in global rankings remarkable achievement’

November 22, 2025 1:10

LAHORE: Governor Punjab Sardar Saleem Haider Khan on Friday said that UET’s rise to the 205th position in global rankings was a remarkable achievement, reflecting the university’s academic and research excellence. He praised the Vice Chancellor’s visionary leadership for steering the university out of financial and administrative challenges and giving it a renewed direction. He expressed these views while addressing the 32nd Convocation, of the University of Engineering and Technology (UET) Lahore. The Governor paid rich tribute to the Pakistan Armed Forces, acknowledging their sacrifices and unwavering commitment to combating terrorism. He said Pakistan had proven its military strength on the battlefield, particularly against India, and the bravery of the Pakistan Army continued to be recognized globally. UET Vice Chancellor Prof Dr Shahid Munir highlighted the ongoing development projects at UET, recent research achievements, and the prestigious national and international recognitions earned by the university. He appreciated the financial support of the Federal and Punjab governments and thanked Chief Minister Punjab Maryam Nawaz Sharif for declaring UET a model university. He also termed the Federal HEC’s recognition of UET as an exemplary institution a major honour. He highlighted the successful development of UET’s anti-smog gun and welding robot prototypes as important milestones. This year, a total of 2,407 students were awarded degrees, including 2,048 undergraduate, 326 MS/MPhil, and 33 PhD graduates. A total of 66 gold medals were awarded to 44 high-achieving students. Laiba Zubair from Chemical Engineering secured six gold medals, while Maida Azhar Butt from Civil Engineering and Tashfa Nadeem from Electrical Engineering secured five gold medals each. Students with the best final-year projects were also awarded cash prizes. Copyright Business Recorder, 2025 [...]

KP Govt declares ‘Nursing Emergency’ to address shortage

November 22, 2025 1:10

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Muhammad Sohail Afridi has declared a province-wide “Nursing Emergency” to address the growing shortage of trained nurses, directing the immediate filling of all vacant posts through ETEA. The decision was taken by the Chief Minister while chairing a review meeting of the Health Department in which he also instructed the department to issue a fresh communication to the Nursing Council for the clearance of 650 trained nursing slots that remain pending. The meeting reviewed staffing gaps, service delivery constraints and the status of ongoing reforms across major health facilities. The Chief Minister underscored the need for rapid action, stronger oversight and bold administrative measures to address immediate challenges, strengthen service delivery and ensure that healthcare reforms translate into public benefit across the province. Stressing the importance of adequate staffing at health facilities, he ordered early completion of the recruitment process for doctors and specialists making sure that merit and transparency are upheld at all costs. The Chief Minister further directed for strong and proactive measures to curb polio, dengue and malaria, emphasizing strict implementation of the Dengue Action Plan. He ordered that procurement process of medicines and medical equipment must begin from January 1 and made it clear that no delays would be tolerated in this critical process. Reaffirming the government’s commitment to institutional strengthening, he directed that the Healthcare Commission be strengthened through pragmatic steps. Highlighting the growing pressure on Peshawar’s tertiary care hospitals, he instructed the Health Department to examine proposals for establishing new multi bed hospitals in Peshawar, Kohat and Malakand and to present workable proposals in this regard. He stressed that rising population demand swift, practical and realistic strategies to ensure sustained service delivery. The Chief Minister also reviewed progress on the Khyber Institute of Child Health and instructed that the pace of work be expedited to ensure early completion and operationalisation. He directed issuance of notices to those responsible for delay and called for weekly progress reports. He added that the health sector is the government’s foremost priority and assured that financial constraints will not be allowed to obstruct improvements in healthcare. During the briefing, the meeting was informed that 182 projects have been included in the current Annual Development Programme, of which 76 are nearing completion. Progress continues on nine flagship initiatives, including the establishment of a Burn Centre in Dera Ismail Khan, new Cath labs in the hospitals on need basis, the establishment of the Kohat Institute of Medical Sciences, reconstruction of Liaquat Memorial Teaching Hospital Kohat and the standardization of DHQ Hospital Mardan. The forum was further briefed on significant advancement in 51 high priority projects, such as revamping of health facilities and establishment of Paraplegic Centre in merged areas, upgradation of the Accident and Emergency Unit and ICU at Hayatabad Medical Complex, the establishment of a Nursing College in Upper Chitral, rehabilitation of health centres across the province and strengthening of the EPI programme. Copyright Business Recorder, 2025 [...]

Philippines envoy, Punjab CM discuss cooperation

November 22, 2025 1:10

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif met Ambassador of Philippines Dr. Emmanuel R. Fernandez to discuss a broad spectrum of mutual interests including bilateral relations, investment, climate change, defence cooperation and parliamentary engagement. Both sides agreed to further strengthen partnerships between Punjab and Philippines. She invited Philippines investors to explore investment opportunities in Punjab, assuring them complete support and facilitation. She congratulated Philippines on its upcoming ASEAN Chairmanship in 2026. Expressing deep condolences over recent earthquakes and typhoons in Philippines, Chief Minister Punjab said that Pakistan stands in solidarity with the people of Philippines in this hour of grief. She noted that both countries have faced similar challenges from floods and typhoons, reinforcing the need for closer cooperation on climate resilience. Highlighting 76-year long friendship between Pakistan and Philippines, Chief Minister Maryam Nawaz Sharif said that existing cordial relationship between the two countries is rooted in shared spiritual, cultural and humanitarian values. She emphasized that Lahore and Punjab remain open and welcoming to friendly nations. She noted that 25 MoUs signed between the two countries and the 2022 Defence Cooperation Agreement added a new dimension to bilateral ties. She also acknowledged the proud role played by Pakistan and the Philippines in the establishment of the Loss and Damage Fund. The Chief Minister expressed Punjab’s interest in benefiting from Philippines’ expertise in disaster management through institutional exchanges. She reiterated Pakistan’s support for sustainable peace and de-radicalization efforts. Underscoring Punjab’s economic significance, she said the province contributes 60% to Pakistan’s national GDP. She further highlighted extensive opportunities in IT, energy, agriculture, food processing, pharmaceuticals, auto parts, logistics, and construction. She mentioned that initiatives such as SIFC and PBIT provide one-window facilitation and policy stability for investors. She added that Punjab’s Special Economic Zones offer world-class infrastructure along with tax incentives and customs facilitation. She apprised that Pakistan also remains ready to deepen cooperation with Philippines in defence training, joint exercises, counter-terrorism efforts and intelligence sharing. Maryam Nawaz Sharif noted that thousands of Philippine citizens reside in Pakistan and a large number of Pakistanis live in Philippines, serving as a strong bridge of friendship between the two nations. Highlighting Lahore’s new titles as a UNESCO Creative City and ECO Tourism Capital 2027, she said these honours will open new avenues for cultural and tourism collaboration. Both sides reaffirmed their commitment to strengthening bilateral relationship based on friendship, trust and shared values. Chief Minister Maryam Nawaz Sharif expressed her firm resolve to elevate cooperation between the two countries across all sectors to new heights Copyright Business Recorder, 2025 [...]

Licence fee dodgers added to £1bn in lost BBC income

November 22, 2025 1:10

LONDON: The BBC lost more than £1.1 billion in revenues in 2024-2025 as UK citizens dodged the licence fee and fewer homes felt the need to apply for one, a parliamentary committee report said Friday. The report came just hours before another member of the BBC board resigned Friday, a month before the end of his term, over what he called “governance issues” at the corporation. “Shumeet Banerji today notified the BBC Board of his resignation,” a BBC spokeperson said. They added that his “term on the Board as a non-executive director was due to end at the end of December”. It has been a turbulent few weeks for the British broadcaster, which faces a possible hefty lawsuit, after it admitted to a misleading edit of a speech by US President Donald Trump. Trump has said he could claim up to $5 billion in damages for alleged defamation over the edit, which spliced together his words to give the impression that he was directly calling for “violent action” during the January 2021 march on the US Congress. The BBC’s director general, Tim Davie, and head of news, Deborah Turness, both resigned on November 9 after Trump attacked “corrupt journalists”. [...]

Seeks legal recourse in PHC: KP CM chooses not to appear before ECP

November 22, 2025 1:10

ISLAMABAD: Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Friday sought legal recourse in the Peshawar High Court (PHC), choosing not to appear before the Election Commission of Pakistan (ECP) in response to allegations of breaching the election code of conduct. The ECP had issued a notice the previous day, directing Afridi to appear before it on 21 November following his warning to authorities of stricter action if any manipulation occurred in the upcoming by-election for NA-19 Haripur. However, the chief minister did not appear before the ECP and instead challenged the notice in the PHC. His legal team attended the commission, arguing that the chief minister’s comments had been misinterpreted and that his intention was to call for a free and fair election, not to threaten officials. During the hearing, Afridi’s counsel, Ali Bukhari, argued that the notices issued by the ECP were unjustified, as the chief minister had never addressed a rally in Haripur, the constituency at the heart of the dispute. Bukhari stressed that CM Afridi had only spoken at events in neighbouring areas, including Chamba and Haveliyan, both near the Haripur constituency border. The four-member ECP bench, headed by Chief Election Commissioner Sikander Sultan Raja, also noted that candidates from Haripur, including opposition candidate Shehrnaz Omar Ayub, were responsible for any breaches of the code within their constituency. However, the commission maintained that CM Afridi’s comments could be viewed as an attempt to intimidate election staff, which would constitute a violation of election rules. Bukhari further claimed that the rival Pakistan Muslim League-Nawaz (PML-N) had also breached the code, highlighting a newly inaugurated Rs3 billion hospital by the Chief Minister of Punjab, Maryam Nawaz, in a neighbouring constituency. He questioned the fairness of the ECP’s selective enforcement of the rules. The ECP; however, reiterated that public office holders are prohibited from participating in election campaigns and must avoid actions that could influence or intimidate voters or election officials. The commission granted CM Afridi an exemption from attending the hearing due to official commitments. The hearing was adjourned indefinitely. In a related development, the ECP has issued a notice to Rana Sanaullah, the Prime Minister’s Adviser on Political Affairs, for violating the election code. Copyright Business Recorder, 2025 [...]

CDA approves major reforms

November 22, 2025 1:10

ISLAMABAD: The Capital Development Authority (CDA) has approved major administrative and regulatory reforms aimed at speeding up decisions and improving governance in Islamabad. In its 17th Board meeting on Friday, the Authority formed a high-level committee of all Directors General to remove procedural delays and decided to send the new Islamabad Parks and Horticulture Agency Regulations to the Federal Cabinet — a significant step toward strengthening the city’s greening and beautification framework. The meeting, chaired by Chairman CDA Muhammad Ali Randhawa, also directed the Planning Wing to frame a clear policy on temporary stalls and kiosks in line with High Court orders. Amendments to the Islamabad Land Disposal Regulations 2005 were reviewed with instructions to streamline processes. The Board approved revising plant prices at the Gardenia Hub for the first time since 2005 and granted special CSR-based institutional discounts. A technical committee was also formed to examine the NOC request for Jinnah Garden (Phase-II). Chairman Randhawa stressed that allotment letters must match approved layout plans and be printed through the Printing Press of Pakistan with barcodes and watermarks to prevent fraudulent files. He reiterated that transparency, timely service delivery, and the beautification of Islamabad remain CDA’s top priority. Copyright Business Recorder, 2025 [...]

Movement of heavy traffic on Jinnah Avenue banned

November 22, 2025 1:10

KARACHI: Commissioner Karachi Syed Hassan Naqvi has imposed a complete ban under section 144 Cr PC on the movement of heavy traffic on Jinnah Avenue from Super Highway (M-9 Karachi – Hyderabad Motorway) near Saima Pari Classic and Rufi Global City up to Malir Halt, Shahrah-e-Faisal. Copyright Business Recorder, 2025 [...]

CCP issues show-cause notices to 17 private school systems

November 22, 2025 1:10

ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show cause notices to seventeen major private school systems for allegedly abusing their dominant position by compelling parents to purchase expensive, logo-branded notebooks, workbooks, and uniforms exclusively from school-authorized vendors. The action has been taken to safeguard millions of school-going children and their families from unfair pricing practices. The enforcement action follows a detailed suo motu inquiry initiated on the basis of numerous complaints from parents, guardians, and other stakeholders. Complainants alleged arbitrary fee hikes, non-transparent selling practices, and the bundling of mandatory branded school supplies, effectively leaving families with no choice but to purchase these items at inflated prices. The school systems under scrutiny include: Beaconhouse School System, The City School, Headstart, Lahore Grammar School (LGS), Froebel’s, Roots International, Roots Millennium, KIPS, Allied Schools, Super Nova, Dar-e-Arqam, STEP School, Westminster International, United Charter School, and The Smart School, among others. These school networks operate hundreds of campuses nationwide and collectively educate millions of students, giving them considerable influence over enrolled families. Inquiry Findings: Students Declared ‘Captive Consumers’ The CCP’s inquiry revealed that parents were forced to buy logo-bearing notebooks, workbooks, uniforms, and other ancillary school products from exclusive school-authorized outlets. In several instances, schools sold compulsory “study packs” through online portals or designated vendors, with students prohibited from using generic notebooks or uniforms from the open market. The CCP defined the relevant markets as: The provision of education services to enrolled students, where each school enjoyed a 100 percent market share, making students “captive consumers”; and The market for ancillary school products, which became the “tied market.” The inquiry report concluded that many study packs were up to 280 percent more expensive than similar items available in open markets. Leading school systems engaged in tying arrangements, making continued enrollment conditional upon purchasing secondary products such as notebooks and uniforms. Schools appointed exclusive vendors, foreclosing the market for thousands of small stationery and uniform sellers nationwide. Mandatory branded supplies and restrictive trading conditions violated Sections 4(1) and 4(2)(a) of the Competition Act, 2010. High switching costs, such as limited school options, substantial transfer fees, and transportation constraints left parents with no viable alternative, enabling schools to enforce these practices without resistance. The CCP observed that these practices restricted market access, harmed small retailers, and limited consumer choice across Pakistan. Private educational institutions account for nearly half of all student enrollment in the country. With inflation already straining household budgets, the imposition of overpriced branded materials further burdens families and raises concerns about excessive commercialization within the education sector. CCP has directed the seventeen school systems to submit written responses within fourteen (14) days, appear before the Commission through duly authorized representatives, and explain why enforcement orders under Section 31 and penalties under Section 38 should not be imposed. Failure to comply may result in ex parte proceedings. Under the law, CCP may impose a penalty of up to 10 percent of the annual turnover or PKR 75 million, whichever is higher, for such violations, CCP added. Copyright Business Recorder, 2025 [...]

DG Health issues report on dengue cases

November 22, 2025 1:10

KARACHI: The Director General of Health Sindh has issued the daily report regarding the dengue situation in the province. According to the report, during the last 24 hours, 63 new dengue patients were admitted to government hospitals, while 52 cases were confirmed in private hospitals. With these new cases, the total number of patients currently under treatment across the province has reached 114. The report further states that 31 patients were admitted to government hospitals in the Karachi division, and 15 patients were admitted in government hospitals of the Hyderabad division. In the province’s government hospitals, 69 patients recovered and were discharged, while 79 patients made a full recovery in private hospitals. According to the report, no dengue-related deaths were reported in the province during the last 24 hours. The daily health department report indicates that a total of 4,562 people were tested for dengue in government and private laboratories across the province, out of which 516 tests came back positive. Among these positive cases, the highest number was reported in Karachi, where 275 individuals were confirmed to have dengue, while 241 positive cases were recorded in the laboratories of the Hyderabad division. The Director General of Health Sindh has appealed to citizens to take preventive measures against dengue and to immediately visit the nearest health facility in case of fever or other symptoms. Copyright Business Recorder, 2025 [...]

TTAP stages protest rally in Islamabad

November 22, 2025 1:10

ISLAMABAD: In a fiery display of defiance, the opposition alliance Tehreek Tahaffuz-e-Aayin-e-Pakistan (TTAP) marked what it termed a “Black Day” on Friday, condemning the 27th constitutional amendment – now law – and the government’s alleged authoritarian grip on power. The protest, led by TTAP Chief Mehmood Khan Achakzai and other prominent opposition leaders – including Allama Raja Nasir Abbas, Salman Akram Raja and Asad Qaiser– was staged as a ‘march’ from Faisal Mosque to Faisal Avenue, following Friday prayers. Chanting vociferous slogans against the government, the protesters rallied against the constitutional amendment, which they condemned as a direct assault on democratic processes, while also demanding the immediate release of jailed former Prime Minister Imran Khan, his wife Bushra Bibi and other ‘political’ detainees. In a blistering speech, the TTAP chief escalated his rhetoric, pointing to a damning admission from the International Monetary Fund (IMF), which recently pointed out rampant corruption in government funds. “The IMF has spoken the truth – this is the government of thieves,” he declared, referring to the government’s handling of the country’s economy. “We called them thieves, and they accused us of slandering respected people. But now, even the IMF is confirming what we said.” He accused the ruling coalition of “stealing” the public mandate that brought them to power, and condemned the unjust seizure of PTI’s reserved seats for women, asserting that not a single party in the ruling coalition could win a single seat in free and fair elections. The government’s handling of the constitution drew Achakzai’s condemnation, as he called on the masses to take to the streets to defend it, accusing the ruling establishment and its powerful handlers of tampering with the very fabric of democracy. “We must protect the 1973 Constitution,” he said. “Those who should be in jail are running the country, while those who have fought for the people’s rights and democracy are imprisoned.” He said the allegations against Imran Khan did not justify the harsh restrictions imposed on his family, insisting it was their right to meet him and warning that if authorities continued to block access, they would “scale the jail walls to free him.” However, Salman Akram Raja, PTI Secretary General, framed the rally as an urgent plea to the nation: “Our votes have been stolen, our homes violated, our children and families illegally detained. This protest is our call to action. It is time for the people to rise, peacefully but powerfully.” The rally’s crescendo came with remarks from Allama Raja Nasir Abbas, who painted a grim picture of Pakistan’s descent into authoritarianism. “Pakistan has become a hub of oppression,” he lamented, citing growing media restrictions under the PECA law, mounting pressure on the judiciary, and the ‘forced’ passage of the 26th and 27th constitutional amendments as clear signs of a country on the brink of democratic collapse. “The 27th amendment is just the latest in a long line of legal manoeuvres aimed at consolidating power and undermining the democratic foundations of our nation,” he said, signalling that the struggle for a true democratic Pakistan was far from over. Copyright Business Recorder, 2025 [...]

CM Maryam reviews performance of depts and cabinet colleagues

November 22, 2025 1:10

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif presided over second consecutive day of cabinet and departmental accountability sessions, receiving extensive briefings and reviewing progress on ongoing projects across all government departments. The three-hour performance review meeting showcased unprecedented achievements, rigorous scrutiny and several decisive future reforms. According to the briefing, Mines and Minerals department set a historic benchmark by generating Rs 33 billion in revenue, the highest in Punjab’s history. Health initiatives under the Punjab government have delivered extraordinary results, with 16.5 million patients treated through “Clinic on Wheels” service, while 46 lac 72 thousand patients benefited from Maryam Nawaz Health Clinics. Additionally, Maryam Nawaz Hospital successfully conducted more than 16,700 surgeries. The meeting was informed that more than 17,000 patients suffering from tuberculosis, hepatitis and Type-1 diabetes received home delivery of essential medicines. During the recent floods, 1.25 million patients were provided medical care through medical camps, Clinics on Wheels, field hospitals and through innovative “Clinics on Boats” service. Authorities concerned briefed that under the Mines and Minerals Ration Card Program, 17,655 workers received ration cards and Rs 12 0 million were transferred directly to workers through more than 40,000 bank transactions. They apprised that for the first time in Punjab, nutritious lunches were provided to over 40,000 special children, while more than 36,000 children received free and immediate medical treatment at special education centres. Officials concerned briefed that digital monitoring has been launched to prevent harassment incidents in special education centres and transport systems. They added that a door-to-door enrollment campaign for special children has also begun with the support of PITB and computer training for children aged 16–18 is underway. On disaster preparedness, Chief Minister Maryam Nawaz Sharif directed to carry out immediate, war-footing measures so as to counter potential flooding across Punjab. She directed departments to utilize temporary water tanks for rainwater harvesting and take urgent measures to address reduced water-carrying capacity in link canals. The Irrigation department received conditional approval to hire staff as needed during flood emergencies. Chief Minister Punjab also commended Irrigation Minister and Secretary Irrigation for displaying exemplary performance during recent floods. The meeting was further informed that 13 Sahulat Bazaars are fully functional in Lahore, while 33 more will be operational across Punjab by December. Officials concerned briefed that Maryam Nawaz Health Clinics are witnessing a significant rise in patient flow due to improved service quality with 3.5 million patients treated in OPDs alone. They further apprised that these clinics offer OPD, ANC, delivery, PNC, family planning and immunization services, all monitored through digital surveillance systems ensuring cleanliness, attendance and service delivery. Authorities concerned briefed that Punjab launched its first-ever Community Health Inspector Program, with a pilot project registering 636,180 families and 3,036,245 individuals across 570,777 households. They further apprised that inspectors are collecting vital data on education, health, agriculture, socio-economic status and other indicators. Chief Minister Maryam Nawaz Sharif directed to ensure full-scale implementation of the said program at the earliest. Officials briefed that in a major development, Punjab approved provision of heart disease treatment within an average 45-minute decision time. Chief Minister Punjab also set June 30 as deadline to fully outsource 313 rural health centres in the province. Authorities further briefed that for the first time, a telemedicine system will connect doctors and patients across Punjab, while a comprehensive Health Information Management System (HIMS) will be deployed in all hospitals, enabling both doctors and patients to access medical data digitally. The Chief Minister also directed to ensure immediate provision of essential medical equipment to district and tehsil headquarters hospitals. The session also marked the launch of Punjab Value Addition Financing for Pink Salt Project, under which interest-free loans of up to Rs 50 million will be provided to investors in the Salt Range. A detailed briefing was also given on the Placer Gold Project. Chief Minister Punjab directed to expedite the said project. Chief Minister Maryam Nawaz Sharif emphasized that proactive measures are crucial ahead of future floods, ensuring that “every drop of water is preserved and protected.” She declared Punjab’s health reforms a “global case study in successful governance.” She reiterated Punjab government’s resolve to establish ‘Sahulat’ Bazaars in every tehsil within next 3–4 months, ensure home delivery of insulin and eliminate the need for patients to stand in long queues. “Punjab has demonstrated unmatched performance and accountability. The milestones achieved by the Punjab government in just one and a half years has not been accomplished in decades,” she said. Copyright Business Recorder, 2025 [...]

Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct

November 21, 2025 1:33

This collage of pictures show Federal Minister of Power Sardar Awais Ahmad Khan Leghari and Special Assistant to the Prime Minister Huzaifa Rehman. —APP/NA website/FileShow-cause notices have been issued to Minister for Power Sardar Awais Ahmad Khan Leghari and Special Assistant to the... [...]

27th Amendment empowers FCC to hear all constitutional cases: minister

November 20, 2025 7:59

Minister of State for Law and Justice Barrister Aqeel Malik addressing an event on December 21, 2024. — Facebook@BarristerAqeelMalikState Minister for Law Aqeel Malik said on Thursday that the 27th Amendment has vested authority to hear constitutional matters in the Federal Constitutional... [...]

JF-17 attracts strong attention at Dubai Airshow as friendly country inks procurement MoU

November 20, 2025 5:25

Pakistan Air Force JF-17 Thunder fighter jet during World Defence Air Show 2024 held in Riyadh, Saudi Arabia, February 7, 2024. — PPI Pakistan's JF-17 Thunder garnered significant attention at the Dubai Airshow 2025, leading to the signing of a memorandum of understanding with a... [...]

US lawmakers laud Punjab govt's initiative to modernise brick-kiln

November 20, 2025 4:39

Punjab Chief Minister Maryam Nawaz attends ceremony in this undated image. — Facebook/@MaryamNSharifISLAMABAD: The Congressional Pakistan Caucus has applauded Punjab’s drive to modernise its brick-kiln sector, saying the reforms could serve as a pilot for eliminating bonded labour and... [...]

Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR

November 20, 2025 4:38

Frontier Constabulary and army personnel gather stand guard in Kurram, January 17, 2025. — AFPSecurity forces killed 30 Indian proxy Fitna al-Khawarij terrorists during multiple intelligence-based operations carried out by security forces in Khyber Pakhtunkhwa , the military's media wing... [...]

MQM-P calls for new province in Sindh

November 20, 2025 3:56

Muttahida Qaumi Movement-Pakistan Convener Khalid Maqbool Siddiqui addresses a press conference in Karachi, November 20, 2025. — Screengrab via YouTube/Geo NewsKARACHI: With discussions on the 28th Amendment gaining momentum, the Muttahida Qaumi Movement–Pakistan has once again... [...]

US report validates Pakistan military edge over India: PM

November 20, 2025 3:55

Prime Minister Shehbaz Sharif addresses ceremony in Azad Jammu and Kashmir on November 20, 2025. — X/@GovtofPakistanPrime Minister Shehbaz Sharif on Thursday said a recent US report endorsing Pakistan’s downing of Indian aircraft stands as formal validation of the country’s... [...]

Banned TTP poses serious threat to Pakistan security: UNSC panel

November 20, 2025 10:24

Denmark’s Deputy Permanent Representative to United Nations and chair of UNSC's ISIL, Al-Qaeda Sanctions Committee Sandra Jensen Landi. — Screengrab via UN WebTV websiteThe chair of the United Nations Security Council's Daesh and Al-Qaeda Sanctions Committee has cautioned that the... [...]

CM Afridi clarifies remarks on by-poll after ECP requests army deployment

November 20, 2025 10:01

Khyber Pakhtunkhwa Chief Minister Sohail Khan Afridi addresses a gathering at Havelian, Abbottabad on November 19, 2025. — Facbook@ImMuhammadSohailAfridiISLAMABAD: Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Thursday issued a clarification concerning his remarks on the NA-18 by-poll,... [...]

Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone

November 20, 2025 6:16

People sit at a coffee shop as they wait for their flight at the Dubai International Airport, in Dubai, United Arab Emirates, April 17, 2024. — ReutersDUBAI: Dubai International Airport handled 3.2 million passengers travelling from Pakistan in the first nine months of 2025, making the... [...]

Security forces kill 23 Indian proxy terrorists in KP's Kurram

November 20, 2025 5:08

Security forces are seen taking position during an operation. — ISPR/FileRAWALPINDI: Amid country's ongoing fight against the menace of terrorism, security forces have neutralised 23 Indian proxy Fitna al-Khawarij terrorists in separate engagements in Khyber Pakhtunkhwa's Kurram... [...]

Pakistan to construct island to boost oil exploration: report

November 19, 2025 6:26

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas United States. — Reuters/FilePakistan's state-owned energy company, Pakistan Petroleum Limited , has announced plans for an artificial island to boost its oil exploration efforts.Islamabad has intensified its... [...]

Russia ready to mediate Pakistan's issues with India, Afghanistan: envoy

November 19, 2025 6:14

Russia's ambassador to Pakistan has extended his country's offer to mediate Islamabad's conflicts with India and Afghanistan, amid strained relations with its neighbouring countries.Islamabad's relations with India have remained tense since the four-day war in May, while the Afghan Taliban regime... [...]

Security forces neutralise four terrorists in KP IBOs

November 19, 2025 5:12

Soldiers ride on a Pakistan Army vehicle in this undated image. — AFP/FileFour terrorists affiliated with Indian proxy, Fitna al-Khawarij, were killed in a series of operations across Khyber Pakhtunkhwa from November 17 to 18, the Inter-Services Public Relations said on Wednesday.An... [...]

Reclassification of 41 candidates on reserved seats goes beyond SC mandate: Justice Mandokhail

November 19, 2025 4:38

Supreme Court's Justice Jamal Khan Mandokhail addresses an event related to Labour Day in Islamabad on May 1, 2025. — Screengrab/YouTube/Geo NewsISLAMABAD: Justice Jamal Khan Mandokhail has released a detailed dissent in the reserved seats case, stating that the ruling on 41 candidates... [...]

COP30 talks on brink: New draft text abandons phase-out hopes

November 21, 2025 12:51

COP30 talks on brink: New draft text abandons phase-out hopesThe Summit leadership has published a new draft text on the outcome of COP30 climate negotiations that omits the mention of a phase-out roadmap for fossil fuels. In response to the draft, the countries are threatening to block any... [...]

Europe cracks major antiquities trafficking network after years-long probe

November 21, 2025 12:47

Europe cracks major antiquities smuggling network after years-long probe Europe's wide operation successfully dismantled a major criminal network that trafficked stolen artefacts worth over €100 million, while identifying over €1billion in illicit funds, operating across Europe for... [...]

UK set to greenlight mega Chinese embassy amid espionage warnings

November 21, 2025 11:08

UK set to greenlight mega Chinese embassy amid espionage warnings The UK government is set to approve a super-size Chinese embassy in central London in midst of espionage warnings.As reported by The Times, the prime minister Keir Starmer has been given approval from the intelligence agencies... [...]

Indian Tejas fighter jet crashes at Dubai Airshow, pilot killed; IAF confirms

November 21, 2025 10:57

UAE's Al Maktoum International Airport is hosting the Dubai Air Show, featuring over 200 aircraft.An Indian Tejas fighter jet crashed during a demonstration at the Dubai Airshow, killing the pilot in the second known crash of the aircraft within a year.During a demonstration flight for a crowd,... [...]

UK's 'Boriswave' migrants to face up to 30 years wait for settlement

November 21, 2025 10:24

UK's ‘Boriswave’ migrants to face up to 30 years wait for settlementMigrants legally staying in the UK could have to wait up to more than 20 years before they can settle permanently under the government's new proposals.The decision was made under the biggest immigration system changes,... [...]

Trump's secret 28-point peace plan for Ukraine, Russia leaks: Here's full draft

November 21, 2025 9:52

Trump’s secret 28-point peace plan for Ukraine, Russia leaks: Here's full draftThe United States President Donald Trump has been a self-proclaimed “peacemaker” since taking office in January this year. He often claims to have stopped seven to eight wars in just one year. Now, he... [...]

Ukraine 'ready' to work with US on plan to end war

November 20, 2025 6:25

A psychologist sits beside toys and flowers placed near a heavily damaged residential building following Russian air strike in the city of Ternopil, November 20, 2025. — AFPUkraine is ready to work with the United States to develop a plan to end the war with Russia, Kyiv said Thursday, after... [...]

Fire forces evacuation at UN climate talks

November 20, 2025 6:15

Firefighters work after a fire broke out in a pavilion during the COP30 UN Climate Change Conference in Belem, Para state, Brazil, on November 20, 2025. — AFPA fire erupted in a pavilion of the UN's climate talks in Brazil on Thursday, forcing panicked delegates to run for the exits and... [...]

Trump floats death penalty for Democrats urging military to refuse orders

November 20, 2025 6:02

US President Donald Trump speaks during the US-Saudi Investment Forum in Washington, DC, US. — Reuter/FileUS President Donald Trump on Thursday evoked the death penalty for Democratic lawmakers who urged the military to refuse illegal orders, calling them traitors and accusing them of... [...]

UN nuclear watchdog board passes resolution demanding answers, access from Iran

November 20, 2025 5:22

Director General of the International Atomic Energy Agency Rafael Grossi holds a press conference on the opening day of his agency's quarterly Board of Governors meeting in Vienna, Austria, November 19, 2025. — ReutersThe UN nuclear watchdog's 35-nation Board of Governors passed a... [...]

US okays sale of anti-tank system, artillery munitions to India

November 20, 2025 7:23

Raytheon's Excalibur Projectile and other Raytheon munitions are displayed during the Association of the United States Army Global Force Symposium & Exposition in Huntsville, Alabama, US March 28, 2023. — ReutersNEW DELHI: The US State Department has greenlighted the sale of Javelin... [...]

Trump says will meet with New York mayor-elect Mamdani on Friday

November 20, 2025 4:36

A photo collage showing US President Donald Trump and New York City Mayor-elect Zohran Mamdani . — ReutersWASHINGTON: US President Donald Trump said he will host New York's mayor-elect Zohran Mamdani for a meeting on Friday, after fiercely attacking the 34-year-old self-described Democratic... [...]

Trump says 350% tariff warning helped avert potential Pakistan-India nuclear crisis

November 20, 2025 4:27

US President Donald Trump speaks during the U.S.-Saudi Investment Forum in Washington, DC on November 19, 2025. — ReutersUS President Donald Trump told a Saudi investment conference on Wednesday that he had stepped in to prevent a potential nuclear showdown between Pakistan and India, which... [...]

Trump vows to end Sudan 'atrocities' in sudden pivot

November 20, 2025 3:04

US President Donald Trump speaks during the US-Saudi Investment Forum in Washington, DC, US, November 19, 2025. — Reuters WASHINGTON: US President Donald Trump vowed Wednesday to end Sudan's grinding civil war at the request of Saudi Arabia´s crown prince, condemning "tremendous... [...]

UK warns Putin as Russian military ship enters its waters

November 19, 2025 9:20

An image of the Russian spy ship Yantar which is operating off the northern coast of Scotland, is shown on a screen during Defence Secretary John Healey's speech at No 9 Downing Street in central London. — Reuters LONDON: The UK government warned the Kremlin on Wednesday after saying a... [...]

فیصل آباد: فیکٹری میں گیس لیکج سے دھماکا، جاں بحق افراد کی تعداد 20 ہوگئی

November 21, 2025 9:11

فیصل آباد میں کیمیکل فیکٹری میں گیس لیکج کے باعث دھماکا، فیکٹری اور ملحقہ رہائشی مکانات گر گئے، واقعے میں جاں بحق ہونے والوں کی... [...]

ضمنی انتخابات کیلئے ضابطہ اخلاق جاری

November 21, 2025 8:11

الیکشن کمیشن نے انتخابی ڈیوٹی کے دوران پاک فوج / سول آرمڈ فورسز کے لیے ضابطہ اخلاق جاری کردیا گیا۔⁠ضابطہ اخلاق کے مطابق پولیس پہلی... [...]

ضمنی انتخابات کی مہم کا وقت ختم

November 21, 2025 7:11

قومی اسمبلی کے 6 اور صوبائی اسمبلی کے7 حلقوں پر ضمنی انتخابات کی مہم کا وقت ختم ہوگیا۔این اے 18ہری پور، این اے 129لاہور، این اے... [...]

جھوٹ بولا گیا کہ اڈیالہ کے باہر ہم پر پانی پھینکا گیا: عظمیٰ بخاری

November 21, 2025 6:11

وزیرِ اطلاعات پنجاب عظمیٰ بخاری—فائل فوٹووزیرِ اطلاعات پنجاب عظمیٰ بخاری کا کہنا ہے کہ جھوٹ بولا گیا کہ اڈیالہ جیل کے باہر ہم پر... [...]

کراچی: ادیب و گلوکار بیدل مسرور کے گھر چوری کرنیوالا ملزم گرفتار

November 21, 2025 6:11

—فائل فوٹوکراچی میں ادیب و گلوکار بیدل مسرور کے گھر چوری کرنے والے ملزم کو گرفتار کر لیا گیا۔تفتیشی حکام کے مطابق ملزم بیدل مسرور... [...]

اسلام آباد: فیصل مسجد کے باہر تحریکِ تحفظِ آئینِ پاکستان کا احتجاج

November 21, 2025 5:11

—فوٹو آن لائناپوزیشن اتحاد تحریکِ تحفظِ آئینِ پاکستان نے وفاقی دارالحکومت اسلام آباد میں فیصل مسجد کے باہر احتجاج کیا ہے،... [...]

ای چالان صرف کراچی والوں کیلئے ہے، جرمانے کم نہیں کیے جائیں گے، ناصر حسین شاہ

November 21, 2025 4:11

وزیر بلدیات سندھ سید ناصر حسین شاہ۔سندھ کے وزیر بلدیات سید ناصر حسین شاہ نے کہا ہے کہ ای چالان صرف کراچی والوں کیلئے ہے، جرمانے کم... [...]

کراچی: گاڑی کی ٹکر سے موٹرسائیکل پر سوار خاتون پل سے گر کر جاں بحق

November 21, 2025 4:11

—فائل فوٹوکراچی میں بورڈ آفس پل پر گاڑی نے موٹر سائیکل کو ٹکر مار دی جس کے نتیجے میں سوار خاتون جاں بحق، جبکہ مرد زخمی ہو گیا۔پولیس... [...]

بھارت کیخلاف ہماری فتح کی سرٹیفکیشن امریکا دے رہا ہے، خواجہ آصف

November 21, 2025 3:11

وزیر دفاع خواجہ آصف : فائل فوٹو وزیر دفاع خواجہ آصف کا کہنا ہے کہ بھارت کے خلاف ہماری فتح کی سرٹیفکیشن امریکا دے رہا ہے، بھارت کے... [...]

خیبر پختونخوا میں فورسز کی کارروائیاں، فتنہ الخوارج کے 13دہشتگرد ہلاک

November 21, 2025 3:11

—فائل فوٹوسیکیورٹی فورسز نے 2 کارروائیاں کرتے ہوئے بھارتی پراکسی فتنہ الخوارج کے 13 دہشت گردوں کو ہلاک کر دیا۔پاک فوج کے شعبۂ... [...]

سندھ میں ملازمتوں پر تقرری کیلئے نیا طریقہ کار منظور

November 21, 2025 3:11

سندھ حکومت نے ملازمتوں پر تقرری کیلئے نیا طریقہ کار منظور کرلیا۔ گریڈ 5 تا 15 کی آسامیوں کیلئے تبدیلیاں کی گئیں، امیدوار کو تعلیمی... [...]

چاند نظر نہیں آیا، یکم جمادی الثانی اتوار کو ہو گی

November 21, 2025 2:11

چیئرمین مولانا عبدالخبیر آزاد کی زیرِ صدارت مرکزی رویتِ ہلال کمیٹی کا اجلاس لاہور میں ہوا—ملک میں جمادی الثانی 1447ھ کا چاند نظر... [...]

’کابینہ میں 9 لوٹے ہیں‘ فاروق حیدر و انوار الحق میں دلچسپ جملوں کا تبادلہ

November 21, 2025 2:11

—فائل فوٹوزاسلام آباد میں راجہ فاروق حیدر اور انوار الحق کے درمیان دلچسپ جملوں کا تبادلہ ہوا ہے۔راجہ فاروق حیدر خان نے انوارالحق... [...]

دبئی ایئر شو کے آخری روز بھی جے ایف-17 تھنڈر توجہ کا مرکز

November 21, 2025 1:11

دبئی میں پانچ روزہ ایئر شو کا اختتام ہوگیا، آخری روز بھی پاکستانی جے ایف 17 تھنڈر طیارے توجہ کا مرکز بنے رہے۔دبئی ایئر شو کے... [...]

بھارتی طیارے میں فنی خرابی کی اطلاعات تھیں، دفاعی ماہرین

November 21, 2025 1:11

اسکرین گرایپدبئی ایئر شو میں بھارتی جنگی طیارے تیجس کے گرکے تباہ ہونے پر پاکستانی دفاعی ماہرین نے تبصرہ کیا ہے۔ایئرمارشل عاصم... [...]

ظہران ممدانی کی ہر ممکن مدد کریں گے، ٹرمپ

November 21, 2025 9:11

تصویر، اسکرین گریبنئے میئر نیویارک ظہران ممدانی نے صدر ٹرمپ سے وائٹ ہاؤس میں ملاقات کی ہے۔امریکی صدر ڈونلڈ ٹرمپ کا کہنا ہے کہ... [...]

یوکرین جنگ بندی کیلئے امریکی تجاویز مل گئیں، پیوٹن

November 21, 2025 8:11

روسی صدر پیوٹن کا کہنا ہے کہ روس کو یوکرین جنگ بندی کے پرامن حل کے لیے امریکی تجاویز موصول ہوگئیں۔پیوٹن کا کہنا ہے کہ یہ منصوبہ تنازع... [...]

اپوزیشن لیڈر نوبیل انعام لینے گئیں تو مفرور تصور ہوں گی، وینزویلا

November 21, 2025 5:11

اے ایف پیوینزویلا کی حکومت کا کہنا ہے کہ اپوزیشن لیڈر ماریا کورینا ماچاڈو اگر نوبیل انعام وصول کرنے جاتی ہیں تو وہ مفرور تصور ہوں... [...]

چاہتا ہوں یوکرین جمعرات تک امریکی امن معاہدہ قبول کرلے، صدر ڈونلڈ ٹرمپ

November 21, 2025 5:11

فائل فوٹو۔امریکا کے صدر ڈونلڈ ٹرمپ نے کہا ہے کہ وہ چاہتے ہیں یوکرین جمعرات تک امریکی امن معاہدہ قبول کرلے۔صدر ٹرمپ نے امریکی ریڈیو کو... [...]

بھارت: بیوی کیساتھ ناجائز تعلق کا شبہ، شوہر نے کزن کو قتل کرکے لاش بوری میں بند کردی

November 21, 2025 5:11

فائل فوٹو بھارتی ریاست مہاراشٹر کے شہر پونے میں ایک شخص نے بیوی کے ساتھ ناجائز تعلق کے شبہے میں اپنے کزن کو تیز دھار آلے سے قتل کرکے... [...]

امریکی دعوے کے مطابق جوہری تنصیبات تباہ ہوگئیں تو تلاشی کس بات کی، ایران

November 21, 2025 4:11

ایرانی قومی سلامتی کمیٹی کے ترجمان ابراہیم عزیزی۔ایرانی پارلیمنٹ کی قومی سلامتی کمیٹی کے ترجمان ابراہیم عزیزی نے کہا ہے کہ اگر... [...]

امریکا: 14 سالہ لڑکے سے جنسی تعلق پر خاتون کو 26 سال قید کی سزا

November 21, 2025 4:11

فوٹو: امریکی میڈیا امریکا میں بیٹی کی کلاس میں پڑھنے والے 14 سالہ لڑکے سے جنسی تعلقات رکھنے والی خاتون کو 26 سال قید کی سزا سنا دی... [...]

تیجس کے حوالے سے 53 اہم خامیوں کی نشاندہی کی گئی، آڈٹ رپورٹ

November 21, 2025 4:11

فوٹو: اے ایف پیدبئی ایئر شو میں بھارتی طیارے تیجس کی تباہی نے طیارے کے تکنیکی مسائل اور کوالٹی پر ایک بار پھر سوالات اٹھا دیے۔بھارتی... [...]

برطانیہ: افغان شہری کا 12 سالہ لڑکی سے ریپ کا اعتراف

November 21, 2025 3:11

برطانیہ میں افغان شہری احمد ملا خیل نے 12 سال کی لڑکی سے ریپ کا اعتراف کرلیا۔ لندن سے میڈیا رپورٹ کے مطابق وارک کراؤن کورٹ میں دو افغان... [...]

اسلام آباد جانیوالی برطانوی ایئر لائن کے طیارے میں خرابی، رن وے پر واپسی، مسافر پریشان

November 21, 2025 2:11

فوٹو: فائلاسلام آباد جانے والی برطانوی ایئر لائن کے طیارے میں خرابی پیدا ہوگئی۔ لندن سے ذرائع کے مطابق ٹیک آف سے چند لمحے قبل طیارے... [...]

بھارت: استاد کے تشدد اور ہراسانی سے تنگ آکر 17 سالہ طالبہ نے خودکشی کرلی

November 21, 2025 2:11

فوٹو: بھارتی میڈیا بھارتی ریاست مدھیہ پردیش کے ضلع ریوا میں ایک نجی اسکول میں پڑھنے والی 17 سالہ طالبہ نے استاد کے مبینہ تشدد اور... [...]

یورپی اتحادی ہمارے اصولی موقف کو یقینی بنانے کی کوشش کر رہے ہیں، زیلنسکی

November 21, 2025 2:11

یوکرینی صدر زیلنسکی۔یوکرین کے صدر زیلنسکی نے فرانسیسی ہم منصب، برطانوی وزیراعظم اور جرمن چانسلر سے گفتگو کی ہے۔کیف سے خبر ایجنسی کے... [...]

ترکیہ: دوستوں کے ہولناک مذاق نے 15 سالہ لڑکے کی جان لے لی

November 21, 2025 1:11

فوٹوز : سوشل میڈیا ترکیہ کے شہر سانلیورفا میں دوستوں کے ہولناک مذاق نے 15 سالہ لڑکے کی جان لے لی۔غیر ملکی میڈیا کے مطابق ترکیہ کے شہر... [...]

تیجس کی تباہی سے بھارتی دفاعی ساز و سامان کی صلاحیتوں پر سوالات اٹھ گئے، ماہرین

November 21, 2025 1:11

فوٹو: بھارتی میڈیا ماہرین کا کہنا ہے کہ بھارتی لڑاکا طیارے تیجس کی تباہی نے بھارت کے دفاعی ساز و سامان کی صلاحیتوں پر سوالات اٹھا... [...]

گر کر تباہ ہونے والے طیارے تیجس سے متعلق بھارتی دعوے

November 21, 2025 12:11

فوٹو: اے ایف پی دبئی ایئر شو کے دوران بھارت کا مقامی طور پر تیار کردہ جنگی طیارہ تیجس گر کر تباہ ہوگیا۔ بھارتی ایئرفورس نے طیارہ گرنے... [...]

کراچی سمیت سندھ کے شہروں میں چینی کی ڈبل سنچری

November 21, 2025 11:11

فائل فوٹوکراچی سمیت سندھ کے بڑے شہروں میں چینی نے ڈبل سنچری مکمل کرلی۔وفاقی ادارہ شمایارت نے چینی کی قیمتوں سے متعلق نئے اعداد و شمار... [...]

پی ایس ایکس 100 انڈیکس 834 پوائنٹس کم ہوگیا

November 21, 2025 11:11

فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے آخری روز منفی رجحان دیکھا گیا۔پی ایس ایکس 100 انڈیکس 834 پوائنٹس کم ہوکر ایک لاکھ... [...]

سونے کا بھاؤ بغیر تبدیلی کے گزشتہ نرخ پر برقرار

November 21, 2025 9:11

--فائل فوٹوسونے کا بھاؤ آج عالمی اور مقامی منڈیوں میں بغیر کسی تبدیلی کے گزشتہ نرخوں پر برقرار ہے۔آل پاکستان صرافہ جیمز اینڈ... [...]

ایشیائی ترقیاتی بینک نے پاکستان کیلئے 330ملین ڈالرز کی منظوری دے دی

November 20, 2025 10:11

---فائل فوٹو ایشیائی ترقیاتی بینک کی جانب سے پاکستان کے لیے 330 ملین ڈالرز قرض کی منظوری دی گئی۔اے ڈی بی کے مطابق فنڈز ’سیکنڈ پاور... [...]

سونے کی قیمت میں کمی، فی تولہ کتنے کا ہو گیا؟

November 20, 2025 10:11

فائل فوٹوملک میں سونے کی قیمت میں اتار چڑھاؤ جاری ہے، فی تولہ 5 ہزار روپے سستا ہوگیا۔آل پاکستان جیمز اینڈ جیولرز ایسوسی ایشن کے... [...]

پاکستان اسٹاک ایکسچینج میں مثبت رجحان،710 پوائنٹس کا اضافہ

November 20, 2025 5:11

فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے چوتھے روز مثبت رجحان دیکھا گیا۔کاروبار کے اختتام پر بازار حصص کے 100 انڈیکس میں... [...]

مالی سال کی پہلی سہ ماہی میں بڑی صنعتوں کی پیداوار میں کتنا اضافہ ہوا؟ اعداد و شمار آگئے

November 19, 2025 6:11

فائل فوٹورواں مالی سال کی پہلی سہ ماہی کے دوران بڑی صنعتوں کی پیداوار میں اضافہ ہوا ہے۔وفاقی ادارہ شماریات کے اعداد و شمار کے مطابق... [...]

سونے کی قیمت میں بڑا اضافہ، 7 ہزار 900 روپے مہنگا

November 19, 2025 9:11

فائل فوٹوملک میں سونے کی قیمت کو پھر پر لگ گئے، فی تولہ 7 ہزار 900 روپے مہنگا ہوگیا۔آل پاکستان جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق 7... [...]

پاکستان اسٹاک ایکسچینج میں تیزی،1291پوائنٹس کا اضافہ

November 19, 2025 5:11

فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے تیسرے روز تیزی دیکھی گئی۔کاروبار کے اختتام پر بازار حصص کے 100 انڈیکس میں 1291... [...]

نومبر کیلئے ایل این جی مہنگی کر دی گئی

November 18, 2025 2:11

نومبر کیلئے ایل این جی مہنگی کر دی گئی۔ اوگرا نوٹیفکیشن کے مطابق اکتوبر کے مقابلے میں ایل این جی کی قیمت 0.22 ڈالر فی ایم ایم بی ٹی یو تک... [...]

اقتصادی رابطہ کمیٹی کا اجلاس، وزارتِ داخلہ کیلئے 10 کروڑ 3 لاکھ روپے کی تکنیکی ضمنی گرانٹ منظور

November 18, 2025 10:11

— فائل فوٹو اقتصادی رابطہ کمیٹی نے وزارتِ داخلہ کی درخواست پر 10 کروڑ 3 لاکھ روپے کی تکنیکی ضمنی گرانٹ کی منظوری دے دی۔وزیر خزانہ... [...]

ملک میں فی تولہ سونا 7 ہزار روپے سستا ہوگیا

November 18, 2025 10:11

فائل فوٹوملک میں سونے کی قیمت میں آج بڑی کمی ریکارڈ کی گئی ہے، فی تولہ 7 ہزار روپے سستا ہوگیا۔آل پاکستان جیمز اینڈ جیولرز ایسوسی ایشن... [...]

پاکستان اسٹاک ایکسچینج میں منفی رجحان،752 پوائنٹس کی کمی

November 18, 2025 6:11

فائل فوٹوپاکستان اسٹاک ایکسچینج میں کاروباری ہفتے کے دوسرے روز اتار چڑھاؤ منفی رجحان میں تبدیل ہوگیا۔کاروبار کے اختتام پر بازار... [...]

ماہ اکتوبر میں کتنی بیرونی سرمایہ کاری ہوئی؟ اعداد و شمار آگئے

November 17, 2025 2:11

اسٹیٹ بینک آف پاکستان نے ملک میں اکتوبر 2025ء میں ہونے والی بیرونی سرمایہ کاری کے اعداد و شمار جاری کردیے ہیں۔ایس بی پی کے اعلامیے کے... [...]

پاکستان کی ماہانہ آئی ٹی برآمدات کا نیا ریکارڈ قائم

November 17, 2025 12:11

اکتوبر میں آئی ٹی کی برآمدات سالانہ بنیادوں پر 17 فیصد بڑھ گئی ہیں: وزارت آئی ٹیپاکستان کی ماہانہ آئی ٹی برآمدات کا نیا ریکارڈ قائم... [...]

Doing your holiday shopping with a credit card? Use these 6 tips to preserve your credit score — and your sanity.

November 21, 2025 8:09

Americans will be leaning hard on their credit cards this holiday season. A few key rules can keep you from slipping into a debt spiral. [...]

‘We almost lost $10,000’: My late father-in-law’s company claimed his life-insurance policy didn’t exist. It did.

November 21, 2025 7:47

“The company changed names several times, and it was very difficult tracking them down for payment of benefits.” [...]

‘My retirement is completely in bitcoin’: Why don’t more people do what I do?

November 21, 2025 7:47

“‘I also borrow against bitcoin. What’s the catch?” [...]

Watch out: Bitcoin isn’t what you think it is

November 21, 2025 6:58

If you want to see a scary bitcoin chart, check this out. [...]

‘I’ve always lived hand-to-mouth’: I’m 64. My father left me $400K from his 457(b) plan. My brother is suing me. How can I defend myself?

November 21, 2025 6:17

“I live off my Social Security of $900 a month.” [...]

Americans’ happiness is at a record low. Or are we just using our money the wrong way?

November 21, 2025 6:12

Fewer than half of Americans say they are financially secure, but there are indications that it’s not just a lack of money that’s stripping away Americans’ happiness. [...]

How bitcoin’s plunge relates to a weakening stock market

November 21, 2025 5:21

Also, exceptions to the downtrend for Big Tech, Nvidia’s support for another leg up for AI and the case for taking a bus instead of flying. [...]

October CPI canceled and November inflation report pushed back until after Fed’s next big interest-rate vote

November 21, 2025 5:16

The Federal Reserve won’t see critical information on U.S. inflation or job creation before its next pivotal meeting in December to decide whether to cut interest rates for the third month in a row. [...]

Mamdani is meeting Trump at the White House. The mayor-elect says they’re connected by this one big issue.

November 21, 2025 4:54

U.S. President Donald Trump and New York City Mayor-elect Zohran Mamdani have fierce criticisms for each other, but both of their political futures rest in large part on their ability to address Americans’ worries about affordability. [...]

Bitcoin sinks to $83,000 Friday. Here’s why stock-market investors are keeping close watch.

November 21, 2025 4:40

A selloff for bitcoin and other cryptocurrencies showed no signs of letting up on Friday, and investors were watching closely as a rout in those assets increasingly has been viewed as predictive for where the broader stock market is headed. [...]

U.S. stocks up sharply in final hour, but still set for weekly losses — live

November 21, 2025 8:08

Are Americans unhappy — or are we just using our money the wrong way?

November 21, 2025 6:25

Just four members of the Dow — including two giant banks — are in the red Friday

November 21, 2025 5:30

Nasdaq playing catch-up as U.S. stock market battles to vanquish week’s losses

November 21, 2025 5:09

Nasdaq now on track for worst weekly performance since April — follow live

November 21, 2025 4:14

Amazon’s entire year-to-date stock-market gain has been wiped out

November 21, 2025 2:45