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Govt hikes petrol by Rs5.02, diesel by Rs5.28 for fifth straight review

September 11, 2026 6:28

The government continued to raise petrol and high-speed diesel (HSD) prices at its final review of the week on Friday, increasing them by Rs5.02 and Rs5.28 per litre, respectively, for a fifth straight hike in petroleum prices. The new prices will remain effective from Saturday, September 12, till Monday, September 14, 2026. It was the fifth consecutive increase in petroleum prices in Pakistan. In last five days, the government has increased the petrol price by Rs29.95 and diesel by Rs25.27 per litre. According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Friday revised the ex-depot prices of petroleum products under the government’s petroleum pricing mechanism. The price of Motor Spirit (petrol) was raised by Rs5.02 per litre, taking it from Rs370.80 to Rs375.82 per litre. HSD saw a hike of Rs5.28 per litre, rising from Rs398.04 to Rs403.32 per litre. The new prices will remain in effect until Monday, in line with the government’s ongoing practice of adjusting fuel prices based on international oil markets and other cost factors. In the previous review on Thursday, the government increased the price of petrol by Rs3.05 per litre and diesel by Rs5.37 per litre. Internationally, oil prices fell on Friday but remained on course for a weekly gain of more than 9%, while US diesel prices hit a record high as attacks ‌along Middle East shipping routes stoked concerns about prolonged supply disruptions. Brent crude futures were down $2.46, or 2.29%, at $105.17 a barrel at 11:33 am. (1633 GMT). [...]

Investment in local, global stocks gains momentum in Pakistan

September 11, 2026 4:07

Investment trends in Pakistan are changing rapidly, with growing interest among young people in the local as well as global stocks, reflecting rising awareness of financial planning and investment opportunities. According to the Securities and Exchange Commission of Pakistan (SECP), the number of investor accounts in the country’s stock market increased by a record 48% during the last fiscal year. Investor accounts rose to 583,052 at the end of FY2025-26 from 392,775 a year earlier, with around 190,300 new accounts opened during the year, the highest annual increase on record. Young investors accounted for a significant share of this growth. People aged 18 to 30 opened 45% of the new accounts between January and June 2026, while those aged 31 to 45 accounted for another 41%, according to the regulator. The equity market delivered a stellar year in FY2025-26, with the benchmark KSE-100 Index gaining 44% in rupee terms and 46% in US dollar terms. Ibrahim Amin, a banking and financial sector expert, said awareness about investment in the local equity market had increased significantly, particularly among younger people, largely due to social media, digital marketing, and the introduction of mobile applications and digital platforms by brokerage houses. He said improved regulatory facilitation and easier access to the equity market had also encouraged more young people to invest their savings in the Pakistan Stock Exchange (PSX). “People’s saving habits are gradually changing from keeping cash at home or relying solely on traditional savings to investing through formal financial institutions and markets. This reflects growing financial literacy and could also contribute to improving the country’s savings-to-GDP ratio,” he said. There is also significant potential for the local equity market and global stocks to attract Pakistan’s growing freelance and digital workforce, as many freelancers or youngsters remain unaware of the relatively accessible investment and trading opportunities available to them, said Mr Amin, who is also Chairman of the Pakistan Freelancers Association (PAFLA). In 2025, the PSX was among the high-performing equity markets globally and continued to attract investment from both domestic and international institutional and individual investors. Gracy Chen, CEO of Bitget, the world’s largest Universal Exchange, said Pakistan is emerging as a significant market for young investors seeking access to a wider range of investment opportunities, including global stocks and cryptocurrencies. She said the growing participation of young investors in the local equity market could encourage greater confidence in investing in high-return assets, including digital or tokenised versions of traditional stocks such as Apple, Tesla, Nvidia, Amazon, Meta and Microsoft, which can be accessed through digital trading platforms. “With a large and increasingly digital-savvy youth population and a freelance workforce of nearly three million, Pakistani investors have the potential to increase their participation in global financial markets, particularly in international equities,” she said. Ms Chen said investors are increasingly likely to prefer platforms that offer access to multiple asset classes, including cryptocurrencies, tokenised stocks, exchange-traded funds (ETFs), commodities and foreign exchange through a single account. “Having access to different markets through one platform provides greater convenience, allowing investors to diversify their portfolios without having to switch between multiple platforms,” she added. Pakistan authorities are working to improve the investment climate for both local and foreign investors, enabling various global companies to establish operations in the country. As investment options continue to expand, competition among local and international players is expected to intensify in the future. However, investors are likely to prefer opportunities that offer greater convenience, accessibility and choice. [...]

Pakistan rupee registers gain against US dollar

September 11, 2026 3:41

The Pakistani rupee extended its marginal gains, appreciating 0.01%, against the US dollar in the interbank market on Friday. The local unit closed the day at 277.32, a gain of Re0.03 against the greenback. On Thursday, the Pakistani rupee settled at 277.35 against the dollar. Also read: Rupee to hold at Rs278/USD in 2026 as Pakistan’s FX buffers improve: BMI Internationally, the US dollar held near its highest-levels of the past week and the yen slipped for a second day at the start of Asian ‌trading on Friday as renewed fears of energy supply disruptions in the Middle East pushed up bond yields and oil prices. The US dollar index, which measures the greenback’s strength against a basket of six currencies, was trading at 99.081, holding steady after gaining 0.3% on Thursday to reach its highest level since September 7. The rise followed the release of data showing US producer prices increased 0.4% in August, meeting market expectations as energy prices rebounded during the month. Oil prices, a key indicator of currency parity, fell on Friday but remained on course for a weekly gain of more than 8% while US diesel prices ‌hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions. Brent crude futures were down $3.28, or 3.05%, to $104.35 a barrel at 1309 GMT. Inter-bank market rates for dollar on Friday BID Rs 277.32 OFFER Rs 277.52 Open-market movement In the open market, the PKR gained 2 paise for buying and 3 paise for selling against USD, closing at 278.22 and 279.05, respectively. Against Euro, the PKR gained 75 paise for buying and 71 paise for selling, closing at 322.11 and 325.04, respectively. Against UAE Dirham, the PKR gained 1 paisa for buying and lost 2 paise for selling, closing at 75.66 and 76.28, respectively. Against Saudi Riyal, the PKR lost 2 paise for buying and 1 paisa for selling, closing at 73.96 and 74.48, respectively. Open-market rates for dollar on Friday BID Rs 278.22 OFFER Rs 279.05 [...]

UAE shares gain as regional conflict fuels oil supply concerns

September 11, 2026 2:18

UAE stock markets closed higher on Friday, with Dubai outperforming its regional peer, supported by a sharp weekly rise in oil prices as attacks on key Middle East shipping routes fuelled concerns that supply disruptions could persist. Crude was on track to gain more than 7% for the week, while U.S. diesel prices hit a record high. Oil flows remained restricted through the Strait of Hormuz as the U.S. and Iran traded attacks, while Houthis seized control of Yemen’s port of Mocha, threatening Saudi oil exports in the Red Sea. Vessel transits at the Strait of Hormuz fell to seven on Thursday from 11 the previous day, preliminary ship-tracking data showed on Friday, well below the 10-day average of 15. Brent crude, a key driver of Gulf economies, was down 3.6% at $103.75 a barrel by 1056 GMT. Dubai’s main market advanced 0.6% after two sessions of losses, boosted by a 4.2% surge in top lender Emirates NBD Bank, while utility firm Emirates Central Cooling Systems Corporation rose 1.9%. National Central Cooling, however, fell 2.1% after announcing the appointment of Yousif Al Hammadi as its new chief executive officer. Abu Dhabi’s benchmark index I edged up 0.03% for a fourth straight session, supported by a 3.6% rise in IHC-owned investment firm Two Point Zero Group. State-owned energy shipping firm Adnoc Logistics & Services climbed 2.9%, while energy infrastructure developer NMDC Group added 3.5%. Gains in the index were limited by a 5% decline in chemical maker Fertiglobe and 1.5% fall in largest lender First Abu Dhabi Bank. Separately, the United Arab Emirates is quietly revising plans for a 5-gigawatt AI data center project – one of the biggest outside the U.S. – after the Iran war prompted a rethink of how and where critical infrastructure should be built, six people familiar with the matter told Reuters. For the week, Abu Dhabi index and Dubai index recorded a weekly gain of 1.4% and 1% respectively, according to LSEG data. [...]

India partially cancels debt sale for first time in a year as rates spike

September 11, 2026 1:57

MUMBAI: In what market participants are seeing as an early indication from Indian authorities on interest rates, the central bank partially canceled an auction of shorter duration government security to curb any further spike in bond yields, traders said on Friday. Reserve Bank of India accepted bids worth only 45.06 billion rupees ($471.12 million) for the 6.20% 2029 bond, just over 40% of the planned borrowing in the paper of 110 billion rupees. RBI sold seven-year bond at slightly higher-than-expected yield, while a new 30-year paper was auctioned at a cutoff yield that was in line with estimates. The three-year or 6.20% 2029 bond yield was dealt at 6.4566%, up 25 basis points in last four weeks since it was issued; Reuters poll had pegged cutoff at 6.45%. India debt investors call for higher short-term borrowing to absorb excess cash, sources say “This could be a strong signal that market is factoring in overly aggressive pessimism in terms of interest rate expectations and could help soothe sentiment for the day,” trader with a state-run bank says. “Had they gone for the complete target, yield could have tested the territory of 6.50%,” the trader added. Fresh military escalation in the Middle East has pushed oil prices higher, heaping upward pressure on yields that have been rising in recent weeks. Latest U.S. economic data strengthened bets of a Federal Reserve rate hike next, week pushing 10-year Treasury yield to cusp of 5%. RBI had last canceled auction of a security in October 2025 as investors demanded much higher yields. [...]

PSX: buying returns, KSE-100 gains nearly 1% on hopes of easing Middle East tensions

September 11, 2026 1:28

It was a tale of two halves at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index recovering sharply from early-session losses to close near the day’s high as reports of Strait of Hormuz talks lifted market sentiment on Friday. The benchmark index opened under pressure and fell to an intra-day low of 166,141.17 during the opening minutes of trading, reflecting initial selling pressure. However, buying interest emerged as the session progressed, allowing the index to gradually recover and move into the positive territory. The market gained further momentum in the second half of the session, with the KSE-100 surging past 170,000 and hitting an intra-day high of 170,764.79. At close, the benchmark index settled at 170,511.85, up 1,646.81 points or 0.98%. “The KSE-100 Index opened on a negative note as Houthi assaults on Saudi energy facilities pushed crude oil prices higher, weighing on investor sentiment. However, during the latter part of the trading session, reports that the six-member Gulf bloc is considering a meeting with Iranian officials next week to discuss the future of the Strait of Hormuz triggered a decline in crude oil prices,” brokerage house Topline Securities said in its post-market report. Top positive contribution to the index came from MEBL, FFC, LUCK, PPL, OGDC and EFERT, as they cumulatively contributed 1,032 points to the index, it added. According to the Financial Times, Gulf foreign ministers plan to meet their Iranian counterpart in a push by Oman and Iran to secure buy-in for a temporary deal to manage shipping through the Strait of Hormuz. The gathering is scheduled to be held on Monday in the Omani coastal city of Salalah, the report said, citing two people briefed on the matter. On Thursday, PSX suffered a major pullback as renewed US-Iran attacks and surging international crude prices triggered aggressive selling across the market, with benchmark indices falling sharply amid heightened concerns over inflation, the external account and broader macroeconomic stability. The KSE-100 Index plunged 3,078.56 points, or 1.79%, to settle at 168,865.04 points. Internationally, global bond yields spiked to new highs and share markets slumped on Friday as soaring oil prices inflamed inflation risks, sending investors scrambling to price in ‌more policy tightening from central banks across the globe. Brent crude climbed to a four-month high of $109.97 a barrel on Friday after a 6% overnight jump, capping a weekly gain of nearly 13%. Oil flows remained restricted through the Strait of Hormuz as the US and Iran traded attacks, while Houthis seized control of Yemen’s port of Mocha, threatening Saudi oil exports in the Red Sea. That was a wake-up call for markets that are finally starting to price in the risk of a protracted war. Comments from President Donald Trump that the war could last beyond the November midterm elections haven’t helped, with bond yields surging globally on heightened inflation fears. Higher bond yields raised the discount rates used for corporate valuations, leaving Asian stocks in deep losses. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 1.8% while Japan’s Nikkei tumbled 2.8%. Chinese blue-chips fell 1.2%, and Hong Kong’s Hang Seng dropped 1.5%. Nasdaq futures fell 0.2%, and S&P 500 futures were little changed. Meanwhile, the Pakistani rupee extended its marginal gains, appreciating 0.01%, against the US dollar in the interbank market on Friday. The local unit closed the day at 277.32, a gain of Re0.03 against the greenback. Volume on the all-share index increased to 687.47 million from 628.67 million recorded in the previous close. The value of shares rose to Rs33.70 billion from Rs27.02 billion in the previous session. Cnergyico PK was the volume leader with 104.27 million shares, followed by Pak Refinery with 66.01 million shares, and Media Times Ltd with 35.45 million shares. Shares of 500 companies were traded on Friday, of which 248 registered an increase, 210 recorded a fall, and 42 remained unchanged. [...]

Basic materials, industrials lift Sri Lankan shares higher

September 11, 2026 12:16

Sri Lankan shares closed higher on Friday, after four sessions of losses, led by basic materials and industrials stocks. The CSE All-Share index settled 0.12% higher at 21,382.74 points. Haycarb Plc and Cargills (Ceylon) Plc were the top index points gainers, up 9.96 points and 6.66 points, respectively, on the day. Trading volume on the index rose to 57.7 million shares from 35.1 million shares in the previous session. The equity market’s turnover dipped to 1.13 billion Sri Lankan rupees ($3.44 million) from 1.45 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 85.1 million rupees, while domestic investors were net buyers, purchasing shares worth 1.1 billion rupees, the data showed. [...]

Palm hits two-week low on rising stocks

September 11, 2026 11:51

KUALA LUMPUR: Malaysian palm oil futures slipped to their lowest close in two weeks on Friday, as rising stockpiles dragged prices, though concerns over future supply tightness limited the decline. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was down 67 ringgit, or 1.37%, at 4,818 ringgit ($1,184.37) a metric ton, the lowest closing price since August 27. The contract fell 2.25% this week after last week’s 0.72% gain. Malaysia’s palm oil inventories hit an eight-month high in August as production climbed to the highest level since December and exports declined, data from the industry regulator showed on Thursday. The larger-than-expected inventory build reflects a widening imbalance between recovering seasonal production and softer export demand, a CIMB Securities research report said. “The higher stock level could cap near-term crude palm oil price upside, although downside may remain cushioned if biological tree stress continues to constrain production growth,” it said. It pointed out that production will likely remain seasonally firm in the coming months, though a meaningful recovery in exports will be more important to curb inventories. Cargo surveyors estimated that exports of Malaysian palm oil products for September 1 to 10 fell between 11.7% and 17.5% from a month earlier. Oil prices slipped but remained on track to end the week above $100 a barrel for the first time since mid-May, as attacks along key Middle East shipping routes stoked prolonged supply disruption fears. Weaker crude oil futures make palm a less attractive option for biodiesel feedstock. Dalian’s most-active soyoil contract fell 0.31%, while its palm oil contract shed 1.4%. Soyoil prices on the Chicago Board of Trade were down 1.63%. Palm oil tracks the price movements of rival edible oils, as it competes for a share of the global vegetable oils market. [...]

Indian rupee sees sharpest weekly drop in four months on oil worries

September 11, 2026 11:44

MUMBAI: The Indian rupee slipped on Friday and fell over 1% week-on-week as a sharp rise in oil prices pressured Indian markets, though the central bank’s intervention helped limit the currency’s decline. The Indian rupee declined 0.1% to end at 95.55, weakening for the fourth straight day. On the week, it declined 1.1%, the sharpest fall since mid-May when surging oil prices had pushed it to a record low of 96.96. Oil prices were set to end the week above $100 a barrel for the first time since mid-May, though they edged lower on Friday after the Financial Times reported that Middle East foreign ministers were seeking a temporary deal on shipping through the Strait of Hormuz. Higher oil prices and global bond yields have weighed on the rupee this week, erasing much of an early-September rally that took it to a two-month high near 94.30 per dollar. “We will need to support the forex markets,” RBI Governor Sanjay Malhotra said in a media interview aired on Friday, referring to how the central bank’s potential dollar sales would aid the drainage of excess INR liquidity from the banking system. The RBI is “not taking any tools off the table” to manage liquidity and keep the overnight rate aligned with the key repo rate, Malhotra said, pointing to open market bond sales and FX swaps among the options. Traders said the central bank had likely conducted dollar-rupee sell/buy swaps on Friday for the third consecutive session, as a measure to drain excess cash. Elsewhere, markets turned their focus to upcoming U.S. consumer inflation data due later on Friday. The data will impact the case for a Fed rate hike next week. Forecasts are centred on a 0.2% monthly rise in the core measure of CPI, although risks are seen skewed towards a higher number. “We don’t think the bar is high for today’s CPI to endorse a Fed hike next week,” ING said in a note. [...]

India stocks log fifth weekly loss as oil fears grip markets

September 11, 2026 11:41

India’s equity benchmarks fell for a fifth consecutive week on Friday, as the escalating Middle East conflict pushed crude oil prices higher, raising concerns about inflation and global interest rates. The Nifty 50 dropped 0.34% to 23,398.1 and the BSE Sensex lost 0.16% to 74,781.76. Both indexes fell over 2% this week and about 4.8% over the last five weeks. The sell-off was broad-based, with fourteen of the 16 major sectors logging weekly losses. The broader small-caps and mid-caps also lost 0.9% and 1.4%. The Indian rupee weakened 1% too this week, marking its sharpest weekly drop since mid-May. Brent crude futures have surged over 8% to $104 per barrel so far this week, as attacks on tankers in the Strait of Hormuz intensified and Iran-aligned Houthis threatened Saudi oil exports in the Red Sea as well. “Such a sharp surge in Brent crude was not anticipated by the markets. Unless the Middle East crisis is resolved and Brent crude eases substantially, markets are in for a longer period of subdued performance,” said Ambareesh Baliga, independent market analyst based in Mumbai. Rising oil prices inflamed inflation fears, sending global bond yields to multi-year highs. Higher bond yields typically reduce the appeal of risk assets such as equities for investors. Heavyweight Financials lost 1.9% this week, with top private-sector lenders HDFC Bank and ICICI Bank dropping 0.5% and 3.1% respectively. HDFC Bank fell for a sixth week in a row as uncertainty over its CEO succession continued. Reliance Industries, the third highest weighted stock on the benchmark Nifty 50, also lost 4.9% this week. India’s IT index slumped 5.8% in its biggest weekly percentage drop since April. It was the biggest loser among major sub-sectors, weighed down by prospects of a Fed rate hike next week. Investors await U.S. consumer inflation data later on Friday, seen as a key influence on next week’s Fed interest rate decision. [...]

Bond sales, FX swaps among RBI's options to drain excess liquidity, governor tells

September 11, 2026 11:34

MUMBAI/BENGALURU: The Reserve Bank of India is not taking any tools off the table to manage liquidity and keep the overnight rate aligned with the key repo rate, Governor Sanjay Malhotra told CNBC-TV18 on Friday, adding that bond sales and FX swaps were among the options. Some of the surplus liquidity in the banking system would be withdrawn over time through foreign exchange interventions and banks’ reserve requirements due to rising credit growth, Malhotra said, adding that the central bank’s objective was to maintain appropriate liquidity conditions. “We have enough tools to manage liquidity, other than VRRR (variable rate reverse repos), such as open market operations or FX swaps,” Malhotra said. “Nothing is off the table.” India’s banking system is flush with surplus cash after lenders raised a much larger-than-expected $127 billion under the RBI’s special forex mobilisation scheme, which boosted central bank reserves to an all-time high. However, the excess rupee liquidity has pushed overnight rates below the policy repo rate and prompted the central bank to step up liquidity absorption at a time when elevated oil prices threaten to add to inflationary pressures. India’s banking liquidity surplus hovered at over 10 trillion Indian rupees this week. Malhotra noted that the RBI is “conscious” of the fact that it waived cash reserve ratio requirements on overseas FX deposits, a requirement applicable in normal circumstances. “We will obviously not have a higher CRR or CRR in some other form on those deposits,” he said. RBI’s liquidity mop-up via FX swaps offers a channel of support for rupee Bond yields climb Indian bonds extended their declines after the mention of debt sale as an option to remove rupee liquidity, with yields at their highest levels in more than three months. The benchmark 10-year bond yield rose to 7.035%, up 6 bps on the day, while its 5-year counterpart rose as much as 10 bps to 6.6222%. The RBI could come up with an open market sale of bonds as early as next week, after facing twin hurdles, with banks resisting longer-duration operations and dollar-rupee swaps raising forex hedging costs, four bankers said on Friday. Policy setting ‘appropriate’ Malhotra described the current monetary policy setting as appropriate and said that the nation’s rate-setting panel would assess growth-inflation dynamics when it meets next month. The central bank has factored elevated food prices into its inflation projections and the data seen so far has been along expected lines, he added. India central bank likely deploys FX swaps to mop up overseas deposit-driven liquidity, traders say India will report its consumer inflation data for August on Monday, with economists anticipating a rise to 4.80%, the highest in 20 months, and up from 4.45% in the previous month. The central bank’s inflation forecast for the ongoing fiscal year stands at 5% while its medium-term target is 4%. It is not appropriate to look at just average inflation in assessing monetary policy but also its composition, Malhotra said. Commenting on surging bond yields globally, India’s central bank chief said elevated debt loads and inflation expectations are contributing to the rise in yields overseas but India’s conditions are different. India’s 10-year bond yield has risen 37 bps since the Iran war began in February while its counterparts in the U.S. and Japan have climbed 98 bps and 87 bps, respectively. [...]

Gold loses Rs5,600 per tola in Pakistan amid global market losses

September 11, 2026 9:56

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs456,736 after a decline of Rs5,600 during the day. Similarly, 10-gram gold was sold at Rs391,577 after it fell by Rs4,801, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs462,336 after a decline of Rs600 during the day. The international rate of gold declined by $56 to reach $4,342 per ounce earlier today. Meanwhile, the price of silver also decreased by Rs253 to reach Rs6,871 per tola. [...]

European stocks rise but head for sharp weekly declines

September 11, 2026 9:06

European stocks edged higher on Friday but looked on course for their worst weekly performance since April as high bond yields and fears about aggressive interest rate hikes tempered sentiment ahead of key US inflation data. The pan-European STOXX 600 rose 0.3% to 637.60 points by 0716 GMT. The index closed at a two-month low on Thursday after the European Central Bank raised interest rates as expected and warned of higher inflation as energy prices soar in the wake of a prolonged Middle East conflict. Oil prices were trading above $100 for a third day. The ECB’s hawkish stance has prompted calls for further rate hikes, while government bond yields across the globe have surged. The US 10-year Treasury yield, a benchmark for global borrowing costs, hovered below the closely watched 5% level. The German 10-year yield stayed near multi-decade highs. Investor attention will be on US Consumer Price Index figures due later in the day, which could provide fresh signals on the Federal Reserve’s interest rate path ahead of a monetary policy meeting next week. Among stocks, Italian semiconductor testing company Technoprobe jumped 4.7% as its customer TSMC posted strong August revenue. [...]

IMF mission to visit Pakistan ‘in coming weeks’ for next review

September 11, 2026 8:24

The International Monetary Fund (IMF) is expected to send a mission to Pakistan in the coming weeks for the next review of the $7-billion Extended Fund Facility (EFF) and the ongoing Resilience and Sustainability Facility (RSF), the lender’s Resident Representative said on Friday. “The mission is expected to visit Pakistan in the coming weeks for the next program review and Article IV Consultations,” Mahir Banici, IMF Resident Representative to Pakistan, told Business Recorder. Pakistan’s ongoing IMF programs include an Extended Arrangement under the Extended Fund Facility (EFF) and a Resilience and Sustainability Facility (RSF). The EFF was approved by the IMF’s Executive Board in the last week of September 2024. This 37-month bailout program is valued at approximately $7 billion (SDR 5,320 million). Meanwhile, Pakistan formally inquired about an RSF arrangement in October 2024. A staff-level agreement for a new 28-month arrangement under the RSF, totalling about $1.3 billion, was reached on March 25, 2025, concurrently with the first EFF review. After IMF staff and the Pakistani authorities reach a staff-level agreement (SLA) on the fourth review under the EFF and the third review under the RSF, the agreement will be subject to approval of the IMF’s Executive Board. Upon approval, Pakistan will have access to about $1 billion under the EFF and $200 million under the RSF. Pakistan has already received $4.8 billion under the two arrangements. Earlier, Business Recorder reported that the Ministry of Finance instructed relevant ministries and government divisions to complete preparations and provide updates on the implementation of commitments agreed with the global lender. The mission is likely to begin engagements in Karachi with officials of the State Bank of Pakistan (SBP) before moving to Islamabad for talks with the government’s economic team. [...]

Australian shares head for worst week in six months, miners lose lustre

September 11, 2026 7:18

Australian shares declined for the fourth straight session on Friday in broad-based weakness led by heavyweight miners, while traders focused on inflationary concerns and future rate hikes brought on by the Middle East war-led energy shock. The S&P/ASX 200 index slipped 1.1% to 8,727 by 0010 GMT. The benchmark settled 1% lower in its weakest trade since early June on Thursday. The index is on track to shed 3.2% this week, its worst move since early March, as markets contend with heightened tensions in the Middle East and their implications for energy supply with crude prices trading above the $100 level. Government borrowing costs around the globe are at or near multi-decade peaks amid heightened worries of inflation and elevated interest rates. A recent raft of hawkish commentary from central bankers has further cemented the prospect of an imminent rate hike in Australia to tame sticky inflation due to rising fuel bills. Yields on the 3-year bond surged to 5.038% on Friday, a level last seen in May 2011. On the Sydney bourse, miners dropped 3.9% to a one-month low. BHP and Rio Tinto declined 4.4% and 3.1%, respectively. The sub-index was pressured by copper prices retreating from record highs after Reuters reported that the White House has yet to decide on refined copper tariffs as officials assess concerns that higher prices could raise manufacturing costs. Technology stocks paralleled losses in Wall Street to fall 1.7%, their lowest since late July. Sector majors WiseTech Global and Xero lost 2.7% and 1.2%, respectively. Energy stocks were an outlier, up 0.6% and headed for their strongest week since mid-August. Woodside Energy and Santos added 1.1% each. New Zealand’s S&P/NZX 50 index ticked down 0.2% to 13,687.80. The benchmark was on course to fall 2.4% for the week, its weakest performance since early March. Investors will be looking out for the island nation’s quarterly economic growth figures slated for next week. [...]

PHDEC organises workshop

September 12, 2026 2:13

MULTAN: The Pakistan Horticulture Development & Export Company (PHDEC), in collaboration with the Mango Research Institute (MRI), Multan, organised a special workshop for mango growers, orchardists and relevant stakeholders at Lutfabad Mango Farms, Multan. The objective of the workshop was to provide participants with practical training and awareness regarding modern and scientific mango production, improved orchard management, effective disease prevention and management, and modern pruning techniques. During the technical session, Dr Asif ur Rehman, Director MRI, highlighted modern orchard management and production practices, while Dr Javed Iqbal highlighted the importance and benefits of scientific pruning. Engr Shehzad Ahmed, Additional Director General (AMRI), provided guidance on the use of modern agricultural machinery for mechanical pruning, while Abid Hameed Khan, Scientific Officer, provided guidance on the practical aspects of manual and mechanical pruning. Renowned mango grower and exporter Major Tariq Khan (R) shared his practical experiences. Dr Ghazali provided a technical briefing on major mango diseases, their identification, prevention and effective management. The participants also presented their field-related issues before the experts. During the workshop, a practical field demonstration of manual and mechanical pruning was also conducted, providing participants an opportunity to observe the practical application and benefits of modern techniques. PHDEC also briefed the participants on its ongoing initiatives for strengthening the mango value chain, including certification support, mango bagging, technical training, quality improvement, market access, export promotion, post-harvest management and value addition. Asif Tipu briefed the participants on the importance of STS and its future prospects in the mango sector. In his concluding remarks, Chief Executive Officer PHDEC, Muhammad Naseer, termed the workshop an important step towards strengthening linkages between research and the field and expressed his commitment to continued collaboration with all stakeholders for the sustainable development of the mango sector, quality improvement, certification, market development and promotion of exports. The PHDEC team, also invited the participants to participate in upcoming national and international events, including FoodAg Karachi, November 2026, and Horticulture Expo Lahore, March 2027, to promote access to new markets, buyers and business opportunities for Pakistani mangoes and other horticultural products. Copyright Business Recorder, 2026 [...]

Minister hopes for achieving cotton production target

September 12, 2026 1:59

LAHORE: Punjab Minister for Agriculture Syed Ashiq Hussain Kirmani on Friday hoped that keeping in view the current cotton crop situation; the production target will be achieved. He was speaking at a review meeting on cotton, wheat and smog control during his visit to Multan. MPA Muhammad Salman Naeem, Secretary Agriculture Punjab Shakeel Ahmad Mian, Vice Chancellor Professor Dr Asif Ali, Special Secretary Agriculture South Punjab Sarfraz Hussain Magsi, Directors General of Agriculture Department Punjab Naveed Asmat Kahlon, Dr Aamir Rasool and Dr Sajid-ur-Rehman along with farmers attended the meeting. The participants were given a detailed briefing on the current cotton situation, the strategy for the upcoming wheat crop and the ongoing smog control campaign. The meeting was informed that prevailing cotton prices were encouraging. Syed Ashiq Hussain Kirmani said that, in view of the current cotton situation, the production target would be achieved. He said a comprehensive strategy would be formulated for wheat cultivation and all possible resources and means would be utilized to ensure profitable cultivation and better wheat production. The provincial minister said alternative facilities were being provided to farmers for the proper disposal of rice crop residues. He said 10,000 Super Seeders had already been provided to farmers at subsidised rates, while 450 modern harvesters and 150 balers had also been provided. On the occasion, Secretary Agriculture Punjab Shakeel Ahmad Mian said the smog control campaign launched by the Agriculture Department Punjab was being closely monitored. He added that focal persons had been appointed at the provincial and district levels to ensure effective monitoring and implementation of the campaign. Copyright Business Recorder, 2026 [...]

GDA DG anticipates Rs23bn private investment in Thandiani

September 12, 2026 12:46

PESHAWAR: The Director General (DG) Galiyat Development Authority (GDA), Mohammad Fawad has said that the promotion of eco-friendly tourism and safeguarding natural beauty is amongst their top priorities, where a massive investment of Rs23 billion is anticipated from a private investor under the Thandiani Integrated Tourism Zone (ITZ) project. Speaking to a delegation of Peshawar-based journalists during a visit organized by the Khyber Pakhtunkhwa Culture and Tourism Authority, the GDA chief outlined several major initiatives launched by the authority. These measures aim to preserve the region’s ecological balance and lush forests while providing tourists with modern, safe, and environmentally conscious facilities that also uplift the local community’s standard of living. Among these initiatives is the rollout of electric sightseeing carts, designed to reduce traffic congestion and environmental pollution at key tourist spots while offering visitors a smoother travel experience. Furthermore, over the past year, the GDA has placed a complete ban on concrete construction, mandating the use of prefabricated and wooden eco-friendly structures instead. This policy is designed to protect Galiyat’s fragile mountain landscape and forests from the toll of unmanaged urban sprawl. To curb haphazard high-rise construction, the authority amended its 2020 building control rules to introduce the new Building Control Regulations (BCR-2026). These updated guidelines strictly regulate building heights and volumes in sensitive ecological and tourist zones, reducing maximum permitted building heights from seven floors down to five in order to preserve scenic sightlines and maintain the region’s distinct alpine character. A major milestone in Galiyat’s tourism development is the agreement signed with a private investor for the integrated development of nearly 400 kanal of land in Thandiani. Alongside the expected private investment of around Rs23 billion, the project is projected to generate nearly Rs2.5 billion in revenue for the Khyber Pakhtunkhwa government. Local authorities describe the Thandiani project as a flagship endeavor that will deliver modern, low-impact infrastructure, generate new employment opportunities, and stimulate economic activity without compromising the natural environment. Infrastructure upgrades also address Galiyat’s vital water systems. To protect natural springs and freshwater sources from pollution, construction is currently underway on a water treatment plant in Nathiagali to prevent sewage and wastewater from contaminating local water supplies. Overall, the GDA’s ongoing reforms signal a shift away from high-density, high-volume tourism toward a sustainable model that preserves Galiyat’s forests, hydrology, and unique ecological identity as a world-class destination. Copyright Business Recorder, 2026 [...]

PM places two-hour cap on power load-shedding

September 12, 2026 12:46

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday ordered the authorities to cap load-shedding at two hours in any area, as officials blamed disruptions in RLNG supplies amid regional tensions for a fresh squeeze on electricity generation and worsening power outages across the country. Chairing a high-level meeting on power load management, the prime minister expressed displeasure over the increase in outages in several cities and directed the authorities to deploy all available resources to prevent the power shortfall from being passed on to consumers in the form of prolonged load-shedding. Officials told the meeting that interruptions in the supply of re-gasified liquefied natural gas (RLNG), caused by the regional security situation and transportation difficulties, had widened the gap between electricity demand and supply and forced authorities to resort to load management. The briefing effectively placed the latest increase in power cuts on external supply disruptions, with officials telling the prime minister that reduced RLNG availability had led to a decline in power generation. Sharif, however, made it clear that the supply problem could not become a justification for unchecked outages. “All available resources should be utilised effectively so that load-shedding in any area does not exceed two hours,” he directed. He ordered the authorities to take immediate steps to deal with interruptions in RLNG transportation and directed them to prepare for future requirements so that disruptions in fuel supplies did not translate into prolonged electricity outages for consumers. The prime minister also ordered all power distribution companies (Discos) to establish Consumer Grievance Redressal Committees within one week to deal with complaints regarding electricity supply and other transmission-related problems. Significantly, he directed that consumer representatives be included in the committees, apparently aimed at bringing greater accountability to the handling of mounting consumer complaints. Officials informed the meeting that consumers could lodge electricity-related complaints through helpline 118 and would receive a token number along with an estimated timeframe for resolution. The meeting was also told that monsoon rains were not currently disrupting electricity supplies across the country, except for six consumers in Rajanpur district. This left RLNG supply disruptions, rather than the rains, as the principal explanation offered to the prime minister for the decline in power generation and the resulting pressure on the national electricity system. The prime minister directed the relevant authorities to urgently address the RLNG supply disruption and ensure that the impact of the power shortfall was not disproportionately shifted onto consumers. The meeting was attended by Planning Minister Ahsan Iqbal, Economic Affairs Minister Ahad Cheema, Information Minister Attaullah Tarar, Petroleum Minister Ali Pervaiz Malik, Power Division Minister Awais Leghari, Prime Minister’s Adviser Rana Sanaullah, Minister of State for Finance Bilal Kiani and senior government officials. Copyright Business Recorder, 2026 [...]

Senate panel meeting on Monday: Ufone rebranding, Starlink and Etisalat top agenda

September 12, 2026 12:46

ISLAMABAD: The Senate Standing Committee on Information Technology and Telecommunication is set to take up a wide-ranging agenda on Monday, including the reported rebranding of Ufone following its merger with Telenor, Starlink’s launch, USD 800 million in outstanding Etisalat dues, and alleged overcharging of mobile users by Jazz. The committee will also examine internet shutdowns, telecom competition rules, security concerns over satellite connectivity, alleged transfer of sensitive government officials’ data to foreign entities and employment issues at Pak Datacom. The committee will receive a briefing from the Ministry of IT and Telecommunication (MoITT) on the reported change of Ufone’s name to “e&” following the Ufone-Telenor merger. It will also seek an updated briefing on the launch of Starlink operations in Pakistan, amid continued interest in satellite-based internet services for underserved and remote areas. The committee has also placed on its agenda a briefing by the IT Secretary on the reported shift of Pak Datacom to a foreign satellite, with members expected to examine the associated national security concerns. Another key issue is the reported USD800 million outstanding amount owed by Etisalat in connection with the privatisation of Pakistan Telecommunication Company Limited (PTCL). The committee will also seek minutes of PTCL Board meetings held during the last six months. The committee will separately examine the status of court cases and stay orders involving LDI/FLL companies and seek a way forward from the Secretary, Ministry of IT and Telecommunication. The Chairman PTA and Auditor General of Pakistan will brief the committee on a purported audit report alleging that Jazz charged mobile users Rs6.58 billion in excess, along with the reported provision allowing the operator to increase tariffs by up to 15 percent quarterly. The committee will seek details of any action taken by the Pakistan Telecommunication Authority (PTA) to safeguard mobile consumers’ rights if the audit findings are substantiated. The committee will also take up a serious cyber-security matter involving the alleged obtaining and transfer of sensitive personal data of Pakistani government officers to foreign entities. The Director General, National Cyber Crime Investigation Agency (NCCIA), will brief members on the alleged data transfer, the magnitude of the threat, and measures being taken to prevent future data breaches. The committee will also consider a point of public importance raised by Senator Atta-ur-Rehman concerning the closure of mobile services in LakkiMarwat, Khyber Pakhtunkhwa, raised in the Senate sitting on November 13, 2025. A briefing will also be given on Universal Service Fund (USF) projects for the provision of internet and telecommunications facilities in Qila Abdullah, Balochistan, including locations, approved allocations, current status, and expected completion dates. The committee will also examine the number of villages and public-sector institutions expected to benefit and measures for extending digital access to remote areas of Balochistan. The telecom competition regime will come under scrutiny as the committee will be briefed on whether the Telecom Competition Rules have been notified as required under Section 57 of the Pakistan Telecommunication (Re-organization) Act, 1996. The committee will also consider the report of its sub-committee constituted to investigate and rectify issues relating to internet connectivity and the reported disappearance of diesel meant for telecom towers in different parts of the country. Connectivity problems affecting 40 Pakistan Railways trains, including lack of signals and Wi-Fi network facilities, are also on the agenda. In addition, the committee will consider a request from Pak Datacom employees concerning termination of their employment. Copyright Business Recorder, 2026 [...]

75 years of statistics on free digital platform: EPBD think tank rolls out ‘Pakistan Economic Dashboard’

September 12, 2026 12:46

ISLAMABAD: The Economic Policy and Business Development (EPBD) Think Tank has launched a public ‘Pakistan Economic Dashboard’, bringing more than 75 years of official economic and social statistics onto a single free digital platform. The dashboard, launched as an EPBD initiative, aims to address the longstanding problem of dispersion of Pakistan’s economic data across statements, releases and reports of different public agencies. The platform covers ten subject areas, including GDP and real growth, policy rate, balance of payments, power-sector losses and household living standards, besides a Pakistan Scorecard featuring rankings on governance and economic and social indicators. According to EPBD, the dashboard brings together long-term statistics on GDP and growth, energy, prices, debt, trade and socio-economic indicators, while identifying changes in methodologies, benchmarks and indices to facilitate meaningful comparison of historical data. The think tank said no data on the dashboard has been estimated, modelled or filled in, with every figure sourced from official national sources. It added that series have not been chained across changes in base years or definitions. EPBD said the initiative is intended to save researchers, policymakers, journalists, academics and other users from manually reconciling data from multiple official documents. The dashboard documents the decisions involved in compiling the historical series and also publishes the underlying data. The Pakistan Economic Dashboard is available free of charge without subscription or registration and is hosted as a self-contained digital page on the EPBD website. The organisation said it does not make external requests, set cookies or store information in the browser, allowing it to be used even on slow connections or shared computers. EPBD has invited researchers, academia, students, journalists, policymakers, practitioners, officials and the general public to use the resource and report any errors, inconsistencies or suggestions for further improvement. Copyright Business Recorder, 2026 [...]

Anti–dumping probe into soda ash import: Türkiye Trade Ministry conveys its regrets

September 12, 2026 12:46

ISLAMABAD: The Ministry of Trade, Türkiye officially expressed its regrets for the initiation of the anti–dumping investigation and unexpected imposition of provisional measures on the import of soda ash which would impede the operation of market forces in a competitive environment. The government of Türkiye has conveyed its official reservations over the Preliminary Determination and Imposition of Provisional Anti-Dumping Duties on Imports of “Soda Ash” Originating in the Republic of Kenya and the Republic of Türkiye. Türkiye, once again, pointed out that the imports are unlikely to exert any substantial negative impact on domestic production. On the contrary, they may yield several positive outcomes. Import diversification enhances consumer choice by providing access to a broader array of products. Furthermore, increased competition can stimulate innovation and efficiency within domestic industries, leading to improvements in both product quality and production processes. Additionally, exposure to international markets encourages local producers to align with global standards and trends, thereby strengthening their competitiveness. Therefore, any anti-dumping measure (provisional or definitive) is not in public interest and will also harm the domestic industry in medium and long term. Ministry of Trade Directorate General for Imports Türkiye certainly believed that the said points will be taken into consideration and the Commission will act consistently with the pertinent provisions of the Anti – Dumping Agreement and relevant WTO – jurisprudence. Türkiye reserves all its rights stemming from the related WTO Agreements with regard to this proceeding, it warned. The Commission, without any concrete evidence, comes to a conclusion that economic indicators of the domestic industry showed a declining trend due to the imports from Türkiye. However, for most injury parameters, the Commission has failed to conduct a proper and objective examination of the correlation between the subject imports and the alleged injury. Especially taking into account that imports from subject countries were insignificant and when it rose the economic indicators of the domestic industry rose simultaneously. This parallel movement undermines any causal link between the subject imports and the claimed injury and calls into question the Commission’s conclusion. Hence, it is impossible to link the domestic industry’s alleged injury with the imports from Türkiye. It is evident that almost all economic indicators of the domestic industry improved after the imports from subject countries surged from 0 to 3.21 in Year-1. When imports rose to 3.75 in Year-2 again many of the economic indicators of domestic industry remained stronger than in the base year. Although slight deteriorations were observed in certain economic parameters, these cannot reasonably be attributed to the alleged dumped imports. Instead, the evidence indicates that such changes resulted from the contraction of the total domestic market, which declined by 9% during the POI. Accordingly, to the extent that any injury exists, it was caused by the overall shrinkage in market demand rather than by the subject imports, the country added. Copyright Business Recorder, 2026 [...]

Petrol price up by Rs5.02, HSD’s by Rs5.28

September 12, 2026 12:46

ISLAMABAD: In its daily revision of fuel prices, the government on Friday increased the ex-depot price of petrol by Rs5.02 to Rs375.82 per litre from Rs370.80 per litre. The price of high-speed diesel (HSD) has also been increased by Rs5.28 to Rs403.32 per litre from Rs398.04 per litre. The latest revision in the petroleum prices will take effect from September 12, 2026 and will remain applicable during next three days. Global refined product prices continue to climb amid escalating regional geopolitical tensions. Based at seven working days’ rolling average of daily Platts Arab Gulf Means Price, the Oil and Gas Regulatory Authority (OGRA) worked out daily fuel prices. A Petroleum Division notification confirms that levies and profit margins remain largely steady across both products. The change is recorded in ex-refinery price of both petroleum products. The ex-refinery price of petrol has increased to Rs265.36 per litre for September 12 from previous day price of Rs260.35 per litre, whereas, ex-refinery price of HSD price has gone up to Rs296.45 from Rs291.17 per litre. According to a Petroleum Division notification, government levies and fixed profit margins for petrol and high-speed diesel (HSD) remain unchanged. Both fuels carry a Petroleum Levy of Rs80 per litre, a Climate Support Levy of Rs5 per litre, and profit margins of Rs9.98 per litre for dealers and Rs7.87 per litre for oil marketing companies. Meanwhile, customs duties stay fixed at Rs21.15 per litre for petrol and Rs15.68 per litre for HSD, while the Inland Freight Equalisation Margin (IFEM) has been adjusted at Rs7.61 on petrol and Rs4.02 per litre on HSD. Copyright Business Recorder, 2026 [...]

IEA warns 2026 oil supply gap will widen

September 12, 2026 12:46

LONDON: Global oil supply and demand look set to fall further than previously expected this year, the International Energy Agency said on Friday, as a lack of progress in ending the conflict in the Middle East delays the return of normal Gulf oil flows into 2027 and sends fuel prices soaring. World supply in 2026 is now expected to decline by 5.7 million barrels per day, or about 6 percent, the IEA, which advises industrialised countries, said in a monthly report. That is up from a drop of around 4 percent seen previously. An increase in attacks on oil tankers in Middle East shipping routes has helped send crude prices towards $110 a barrel this week for the first time since May. Refined products have risen even more sharply, with fuels such as diesel reaching record highs, as conflict in the Middle East and between Russia and Ukraine damages oil refineries. Although demand is weakening under the weight of high fuel prices, supply is falling even faster, forcing inventories to be depleted at a record pace. Global stocks fell by 3.1 million bpd in August, the IEA said, to a level last seen in 2023. “Inventories have so far played a crucial role in balancing the market,” the IEA said. “With buffers shrinking and the global refining system stretched to the limit, the need for progress in resolving the conflict in the Middle East – and the Russia-Ukraine war, which is now in its fifth year – is greater than ever to avoid further market tightening.” Saudi output hits lowest in over 3 decades Attacks on Saudi energy facilities and a US blockade on Iran have cut oil output by producer group OPEC+, which declined by 1.8 million bpd to 38.8 million bpd in August, the IEA report said. The IEA said Saudi Arabian crude supply fell by 2.3 million bpd to 6 million bpd in August, the lowest level in more than three decades after attacks disrupted facilities and shipping routes. Houthi-linked groups struck vessels transiting Bab el-Mandeb, the Jazan refinery and shipping near Yanbu, while Iran-backed militias in Iraq used drone strikes to hit the Abqaiq oil processing complex. Iran-aligned Houthis seized control of Yemen’s port of Mocha on Thursday, posing a further threat to Red Sea traffic. Demand falls more than expected, to rebound in 2027 Oil demand is also falling more than expected, partly due to record fuel prices. World oil demand will drop by 2.5 million bpd this year, the IEA said, more than its previous forecast of a 1.6 million bpd decline. By contrast, producer group OPEC still expects world oil demand to grow this year, even though it lowered its forecast for a fifth straight month on Thursday. OPEC sees demand rising by 380,000 bpd in 2026. Both forecasters expect a rebound in fuel use next year. The IEA expects demand to rise by 2.6 million bpd in 2027 and OPEC sees a similar expansion of 2.36 million bpd. [...]

Oil falls but head for 8pc weekly gain

September 12, 2026 12:46

HOUSTON: Oil prices fell on Friday but remained on course for a weekly gain of more than 8 percent, while US diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions. Brent crude futures settled at USD104.61 a barrel, down USD3.02, or 2.81 percent. US West Texas Intermediate crude finished at USD100.05 a barrel, down USD2.43, or 2.37 percent. During the session, both benchmarks hit their highest levels since mid-May. Both reversed early gains after the Financial Times reported that foreign ministers in the Middle East are trying to work out a temporary deal with Iran to manage shipping through the Strait of Hormuz. On Thursday, Brent and WTI rose more than 6 percent after an escalation in shipping attacks in the region. But on Friday, traders were re-evaluating the risk. “The things that were causing the panic yesterday are easing today,” said Phil Flynn, senior analyst with the Price Futures Group. “The question is will the market remain calm over the weekend? That’s when things seem to happen.” The report of talks on the future of Hormuz had the biggest impact on market sentiment. “Some headlines of possible new talks in the Middle East are weighing moderately on oil prices today,” said UBS energy analyst Giovanni Staunovo. “I keep seeing near-term risks to the upside for oil prices, but we should expect ongoing high price volatility too.” In a further development for Riyadh, satellite imagery showed smoke on Thursday in the vicinity of Saudi Arabia’s East-West Pipeline, vital for the kingdom to divert its crude exports away from Hormuz. As more reporting said a pumping station on the pipeline had been damaged by militants, prices stayed lower. “It’s surprising the oil market remains down in light of reporting that Houthi attacked the East-West Pipeline, which would impact 7 million barrels of crude,” said Andrew Lipow, president of Lipow Oil Associates. “Repairing a pumping station would require a lot more than repairing a break in the pipeline,” Lipow said. “Electrical systems would have to be repaired, the pumping system would need to be repaired.” Saudi Arabia’s crude supply fell by 2.3 million barrels per day on the month to 6 million bpd in August, the lowest level in more than three decades, the International Energy Agency said on Friday, citing attacks on Saudi energy facilities. Adding to concerns over regional oil flows, Yemen’s Houthis on Friday reached the island of Perim in the Bab el-Mandeb Strait, four Yemeni government sources told Reuters, potentially tightening their grip on one of the world’s vital shipping routes. Iran said it had attacked 10 ships near the Strait of Hormuz on Wednesday, after the US hit five Iranian oil tankers. Iran’s Islamic Revolutionary Guard Corps said it would escalate its response to any further attacks. Vessel transits at the Strait of Hormuz fell to seven on Thursday from 11 the previous day, preliminary ship-tracking data showed on Friday. The strait handled about 125 commodity vessels and one-fifth of global daily oil and liquefied natural gas supplies before the Iran war began in late February. Meanwhile, two European Central Bank policymakers opened the door on Friday to further interest rate increases if a war-fueled rise in energy prices continues and pushes up other prices in the euro zone. Supply disruptions lift fuel prices Oil supply disruptions due to the Iran war, along with Ukrainian attacks on Russia’s refineries, pushed the US national average diesel price past USD6 a gallon for the first time on Thursday, according to price tracker GasBuddy. “Refined products, particularly diesel, are feeling a one-two punch right now,” said Tim Waterer, chief market analyst at KCM Trade. “As long as both the Gulf shipping constraints and Russian refining outages remain in play, diesel and other refined products are likely to show a higher upside tendency than the broader crude market,” he added. Commerzbank raised its year-end Brent crude forecast to USD85 a barrel from USD75, while increasing its diesel forecast to USD1,200 a ton from USD950 and its jet fuel forecast to USD1,230 a ton from USD980. [...]

Tobacco farmers facing financial uncertainty

September 12, 2026 12:46

ISLAMABAD: Tobacco farmers across Pakistan are facing growing financial uncertainty as delays in the announcement of the Minimum Indicative Price (MIP) have coincided with reports of widespread distress sales and payment issues during the ongoing tobacco purchasing season. Under Section 11 of the Tobacco Marketing Rules, 2016, tobacco companies purchase tobacco according to their declared requirements for various grades and types of tobacco. However, concerns have emerged for farmers who have produced tobacco beyond the quantities required by companies. With limited market options available, many growers are reportedly under pressure to sell their produce at prices significantly below government benchmarks. The issue has been compounded by the absence of an officially notified Minimum Indicative Price (MIP) for the 2026 crop. Under Section 2(i)(3) of Martial Law Order No. 487, tobacco companies are required, prior to the commencement of the buying season, to prominently display both the Weighted Average Price (WAP) and the Minimum Indicative Price announced by the Pakistan Tobacco Board (PTB). While the WAP has been publicized, the MIP for the current crop has yet to be announced by the PTB. The matter was discussed at the Economic Coordination Committee (ECC) meeting held on 7 September 2026. According to ECC’s press release, a proposal regarding the MIP was presented by the Pakistan Tobacco Board after months of delay. However, the proposal was not approved by the forum and was deferred for further consideration. The ECC directed PTB officials to resubmit the proposal along with a more comprehensive and justifiable analysis. Meanwhile, growers allege that the uncertainty surrounding official pricing has created conditions that allow some buyers and dealers to procure tobacco at prices below expected market levels. Farmers have also raised concerns regarding delays in payment settlements, further increasing financial pressure on households that rely heavily on tobacco cultivation as a source of income. Meanwhile, the Pakistan Tobacco Board has warned 57 tobacco companies to complete their stipulated tobacco purchases within the prescribed timeframe, failing which strict action will be taken against them for violating the rules and regulations. The companies have been cautioned that non-compliance with the purchase requirements could result in their blacklisting. Copyright Business Recorder, 2026 [...]

PKI reiterates demand for establishment of fully deregulated sugar sector

September 12, 2026 12:46

LAHORE: Pakistan Kissan Ittehad (PKI) has reiterated its demand for establishing a fully deregulated sugar sector in which imports, exports, production and pricing are determined by market forces, without government permission, approval or administrative controls. It also urged that sugar mills should operate independently within a competitive market framework. PKI President Khalid Mahmood Khokhar in a statement on Friday also demanded that no new sugar mills should be permitted until the industry achieves a minimum 75% capacity utilization, ensuring efficient use of existing infrastructure and resources before additional capacity is introduced. He also proposed that once new mill establishment is permitted, a minimum distance of 50 miles between sugar mills should be maintained. This would help prevent excessive concentration, improve commercial viability, and promote healthy competition within the industry. The Sugar Acts in all provinces be abolished to eliminate regulatory distortions and create a genuinely deregulated, market-driven sugar industry, he further said. Khalid Khokhar advocating his demand said this year, a bumper sugarcane crop covering an area of over 3.5 million acres is nearly ready for harvest, with production expected to increase by 10 to 15 percent compared to 89.45 million tons, last year. Meanwhile, the country holds a surplus sugar stock of approximately 1.3 million tons, a situation that could force farmers to sell their crops at lower rates. To safeguard the interests of farmers, we urge the government to open exports of around 1 million tons of sugar prior to the crushing season, commencing November 15, 2026. Farmers faced a similar situation to 2017-18; a delay in the decision to export led to a significant drop in sugarcane prices, resulting in a collective loss of approximately PKR 100 billion for the farmers, he added. Drawing attention of the government towards country’s abundant sugar stocks and the anticipated situation to be faced by the farmers, he warned if these surplus stocks are not exported in a timely manner, there is a risk of downward pressure on local market prices, that can create a financial burden on sugar mills, and eventually sugarcane farmers will take the hit in the upcoming crushing season. He said export of surplus sugar should be permitted while fully safeguarding the country’s domestic requirements. He also mentioned that presently, he also emphasized that at present, farmers have been financially crushed, experienced unbearable losses on crops such as wheat, maize, potatoes, and vegetables during last three years, they are looking to the government to redress and reset the farming a viable profession for them and the youngsters, moving to urban centers to find jobs. Pakistani farmer plays a fundamental role in the national economy and food security. It is crucial that sugarcane growers receive fair compensation and timely payments for their hard work. Exporting surplus is a practical step that could benefit all stakeholders, the sugar industry, the farmers, and the national economy. He hoped that the government will make a prompt and positive decision on this important matter in the broader interest of the farmers. Copyright Business Recorder, 2026 [...]

NBP digitises passport fee payments through Raast P2M QR

September 12, 2026 12:46

KARACHI: National Bank of Pakistan (NBP) has successfully enabled digital passport fee collections through Raast Person-to-Merchant (P2M) QR, allowing citizens to conveniently pay passport fees through the mobile applications of participating banks. The initiative represents another step in NBP’s ongoing digital transformation journey and supports the Government of Pakistan’s broader Cashless Pakistan agenda, which seeks to expand digital payments and accelerate the digitization of government payments and receipts. To review the implementation and explore opportunities for further collaboration, Ch. Muhammad Ali Randhawa, Director General Immigration & Passports, along with his team, visited NBP Head Office, Karachi, where he met with Abdul Wahid Sethi, SEVP & Group Chief/ CFO, Financial Control Group; Faisal Topra, SEVP & Group Chief, Operations Group and Adnan Nasir, CDO & Group Chief Digital Banking Group, along with senior officials from NBP’s Digital Banking and Operations teams. The engagement reviewed the performance of the Raast-based cashless passport fee payment solution and explored further digital payment options, including a PSID-based alternate payment mechanism, aimed at enhancing convenience and ensuring continuity of passport fee collections. Speaking on the occasion, Abdul Wahid Sethi said “At NBP, we see digital transformation as an important enabler of more accessible, efficient and customer-centric public services. We are pleased to support the Government of Pakistan’s digital payments and cashless economy agenda and remain committed to leveraging technology to make financial services simpler and more accessible for citizens.” Director General Immigration & Passports appreciated NBP’s efforts and collaboration in advancing digital transformation and improving public service delivery. The successful implementation of the initiative further strengthens NBP’s role in enabling interoperable digital payments and supporting the modernization of government-related collections, in line with Pakistan’s evolving digital payments ecosystem. Raast is Pakistan’s instant payment system, designed to facilitate digital payments across individuals, businesses and government entities. [...]

FPCCI hails new auto policy

September 12, 2026 12:46

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has welcomed the newly approved Auto Policy 2026 by Prime Minister Shehbaz Sharif. He termed the policy as an achievement that will catalyse modernisation, boost domestic manufacturing, and help enhance Pakistan’s footprint in the global automotive value chain. He appreciated the government’s strategic vision to integrate the local auto parts industry with international markets. He noted that the initiative to attract at least five major anchor auto-parts manufacturing companies will foster a robust manufacturing ecosystem, bringing crucial foreign direct investment and advanced technology to the country. FPCCI Chief emphasised that the establishment of specialised small and medium-sized enterprise clusters within the automotive sector is a visionary move that will empower local vendors and create thousands of technical jobs. Atif Ikram Sheikh lauded the decisive measures taken to incentivise export-oriented production. He highlighted that abolishing duties on equipment and auto parts imported for export purposes will drastically lower manufacturing costs, thereby making Pakistani automotive products highly competitive globally. He further commended the proposed formation of an Auto Parts Export Council, stating that dedicated institutional support is vital for driving sustained export growth and exploring new international markets. The leadership of the apex trade body also expressed strong support for the policy’s focus on mandatory local value addition and the digitisation of approval procedures involving the Engineering Development Board. The president stated that removing bureaucratic hurdles and permitting contract manufacturing will improve operational efficiency and build immense investor confidence. He added that the transition towards green technology is perfectly timed and highly commendable. Atif Ikram Sheikh specifically praised the comprehensive incentives introduced for New Energy Vehicles and Electric Vehicles. He pointed out that the reduction of sales tax to 1 percent, coupled with the complete removal of Federal Excise Duty, Capital Value Tax, and withholding tax on these vehicles, will rapidly accelerate the adoption of clean transportation. He also noted that enhancing the financing limit for electric vehicles to Rs10 million will make these modern vehicles far more accessible to the wider public. Atif Ikram Sheikh assured the government of the business community’s unwavering support in the successful implementation of the Auto Policy 2026. He reiterated that FPCCI stands ready to facilitate seamless coordination between local manufacturers, global investors, and state regulators to ensure this policy achieves its core objectives of economic revitalisation, environmental stewardship, and long-term industrial prosperity. Copyright Business Recorder, 2026 [...]

Petroleum prices: Traders concerned at frequent increases

September 12, 2026 12:46

KARACHI: Traders on Friday expressed deep concern over frequent increases in petroleum prices and their effect on inflation, urging the federal government to immediately control fuel rates. In a statement, spokesperson for the All Pakistan Anjuman-e-Tajiran and All City Traders Ittehad Muhammad Ismail Lalpuriya said the sharp rise in petrol and diesel prices in recent days had forced transporters to raise fares sharply. He said higher fares had also caused the prices of daily-use food items to go up, putting more pressure on consumers. Lalpuriya said the government was using higher international market prices as a reason for raising fuel rates, but was not ready to reduce the levy charged on every litre of petroleum products. He called on the federal government to end the petroleum levy and lower fuel prices. He also urged the government to take action against those raising transport fares and food prices by using fuel costs as a pretext. Copyright Business Recorder, 2026 [...]

LCCI EC finalises arrangements for elections

September 12, 2026 2:17

LAHORE: The Election Commission of the Lahore Chamber of Commerce and Industry (LCCI) has completed arrangements for holding transparent, peaceful and lawful elections, assuring members that the process would be conducted impartially and in accordance with the law. Briefing the LCCI members, commission said the election schedule, including the venue, was finalised at the Executive Committee meeting held on July 13, 2026, ahead of the July 15 statutory deadline. Malik Khalid Gujjar, Sheikh Sajjad Afzal and Shahid Baig were appointed as members of the Election Commission. It appreciated Federal Minister for Commerce Jam Kamal Khan and Director General Trade Organizations (DGTO) Bilal Pasha for measures aimed at enhancing transparency in trade-body elections. The Ministry of Commerce and DGTO have introduced an online portal through the Pakistan Single Window (PSW) for submission of election notifications and related information, creating a centralised and verifiable record. The commission also welcomed the appointment of two observers to monitor the elections, saying the move would strengthen transparency and credibility. Regarding the venue, the commission said some members had requested the DGTO to allow polling at the LCCI building, adding a decision on the request is awaited, while arrangements are being made at the LCCI premises in the meantime. Alternative venues, including Flatties Hotel and Expo Centre Lahore, were considered but found unsuitable or unavailable. The commission said parking facilities had been arranged at multiple locations, while two adjoining event halls booked by candidates would also provide parking. Punjab Police and private security personnel would be deployed, with traffic arrangements being coordinated with the Chief Traffic Officer Lahore. Copyright Business Recorder, 2026 [...]

CM directs MPAs to ensure quality, transparency in projects

September 12, 2026 2:16

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has directed Members of Provincial Assembly (MPAs) to closely monitor the quality and transparency of ongoing development projects in their respective areas. The MPAs from Sahiwal district had meeting with Chief Minister Punjab. They discussed various political and development-related matters in detail. Those who met the Chief Minister included Wilayat Shah, Qasim Nadeem, Arshad Malik, Nadeem Aslam Lodhi, Rana Riaz Ahmed and Muhammad Hanif. During the meeting, CM Maryam Nawaz Sharif announced that 14 more electric buses would soon be provided in Sahiwal. She also directed the MPAs to keep a close watch on the quality and transparency of development projects underway in the city. The MPAs appreciated the Chief Minister’s efforts for public welfare and termed the beautification of Sahiwal city a remarkable and historic initiative. They also paid tribute to the Punjab government’s development projects in small and large cities as well as villages under the Punjab Development Project. The MPAs appreciated the initiative to establish 10 state-of-the-art Nawaz Sharif Schools of Eminence in Sahiwal Division and expressed gratitude for sewerage and drainage projects in Sahiwal and other cities. They said it was encouraging that, for the first time, special focus was being placed on addressing the genuine problems of the people. They termed the launch of electric buses in Sahiwal a commendable and exemplary initiative. They said electric buses were providing travel facilities to thousands of people in different areas of Sahiwal, including Arifwala Bypass, Yousafwala, Noor Shah, KFC Bypass, General Bus Stand to Kameer, Adda Sabeel and Bala Mor. The CM thanked the MPAs for their appreciation and said that development projects had now been taken beyond major cities to the village level. She said the Nawaz Sharif Schools of Eminence would provide equal opportunities for children from both poor and affluent families. The Chief Minister said the standard of Nawaz Sharif Schools of Eminence would be no less than that of any good and leading private school. Copyright Business Recorder, 2026 [...]

PHDEC organises workshop

September 12, 2026 2:13

TTAP criticises CM’s recent trip to London

September 12, 2026 2:12

LAHORE: The Tehreek-e-Tahafuz-e-Ayin-e-Pakistan (TTAP) Punjab has criticised the Punjab government over Chief Minister Maryam Nawaz’s recent trip to London, terming the administration’s defence of the journey a ‘confession’ rather than an explanation. In a statement issued on Friday, TTAP Punjab Information Secretary Shayan Bashir called for full transparency regarding the authorisation of Rs10 billion state aircraft for private use. He urged the Chief Minister to provide official receipts instead of mere verbal assurances. Bashir stated that the Punjab government’s defence of Maryam Nawaz’s London trip does not constitute a satisfactory answer but rather an admission of wrongdoing. He demanded an explanation of how Rs10 billion state aircraft was used for a private visit, emphasising that simply saying the expenses were “paid from her pocket” is inadequate; it is merely a slogan and not a valid receipt. He posed five critical questions to the Chief Minister: under what rule was a state aircraft released for private use, and who signed the order? How much was paid for this use, at what rate, and into which government account? Where is the invoice? Why was the aircraft, justified in February as an Air Punjab asset, now being used to fly the Chief Minister to London for a private trip? And, if everything was above board, why has her government responded to inquiries about the plane with threats of defamation suits? “A state aircraft is not a family car, and public office is not a family inheritance. Luxury trips on public aircraft while ordinary citizens struggle with rising fuel and living costs clearly indicate whom this government serves,” he stated. He further emphasised that the burden of proof lies with the Chief Minister; a government that cannot justify its mandate should at least be accountable for its flights. “In London, the Chief Minister claimed that Punjab is threatened by incompetence; on that point, and only that, we agree.” Copyright Business Recorder, 2026 [...]

University of Lahore, University of Plymouth celebrate partnership

September 12, 2026 2:07

LAHORE: The University of Lahore held a ceremony to launch a new collaborative partnership with the University of Plymouth in the United Kingdom, marking a significant step in transnational higher education cooperation between the two countries. Ben Warrington, Head of the Lahore Office of the British High Commission, attended as chief guest. He was joined by a delegation from Plymouth led by Professor Vladimir Bogdan Ghita, Associate Pro-Vice Chancellor for Transnational Education. The event was presided over by Awais Raoof, Chairman of the Board of Governors at the University of Lahore, alongside Dr Samina Shah, Dean of the Department of International Qualifications. Addressing the gathering, Warrington said the UK-Pakistan education partnership reflected a shared commitment to bringing world-class academic opportunities closer to students in Pakistan. Raoof described the launch as a major milestone for the university, noting that it represents the first programme of its kind to be introduced at a Pakistani institution. The ceremony concluded with the formal launch of the new academic programmes, followed by a cake-cutting ceremony, a fireworks display, and a group photograph with attendees. Copyright Business Recorder, 2026 [...]

SE Fruits, Vegs secures SECP approval for IPO

September 12, 2026 2:05

KARACHI: SE Fruits and Vegetable Limited has secured approval from the Securities and Exchange Commission of Pakistan (SECP) for the issuance, circulation and publication of its prospectus for an Initial Public Offering (IPO) of 30 million ordinary shares, paving the way for its proposed listing on the Pakistan Stock Exchange (PSX). The SECP approval, dated September 9, follows the PSX approval granted on September 7. The company’s book-building process is scheduled for September 21 and 22, while subscription by the general public will be held on September 28 and 29. Topline Securities Limited and Growth Securities Limited are acting as Joint Lead Managers to the issue. SE Fruits and Vegetable plans to offer 30 million ordinary shares, representing 32.01 percent of its post-IPO paid-up capital, at a floor price of Rs40 per share. The book-building process could raise the strike price by up to 60 percent to Rs64 per share, allowing the company to raise between Rs1.20 billion and Rs1.92 billion. Of the total offering, 22.5 million shares, or 75 percent, will be offered through book building, while the remaining 7.5 million shares, representing 25 percent of the issue, will be offered to the general public. The company said the IPO proceeds are expected to strengthen its working-capital position, which has been identified as a key constraint on its growth. The additional capital is expected to support larger seasonal procurement, increase processing throughput and improve the company’s ability to meet established international demand and generate higher export revenue. SE Fruits and Vegetables currently accounts for less than 1 percent of Pakistan’s approximately USD470 million fruit and vegetable export market in FY2026, with export revenue of approximately USD4 million. The company plans to increase export revenue to approximately USD18 million in FY2027, which could raise its market share to just under 4 percent. Based in Sargodha and formerly operating as Shaheen Enterprises, the company has a track record spanning nearly three decades and exports kinnow, mangoes, potatoes and other agricultural produce to more than 22 countries. The company has also continued exports during periods of regional trade and logistics disruptions and achieved higher selling prices in certain Middle Eastern markets. It attributed this performance to its customer relationships, diversified international presence and ability to adapt its commercial operations to challenging market conditions. With the principal regulatory approvals secured, the IPO is expected to provide SE Fruits and Vegetables with additional capital to address its working-capital requirements and support the expansion of its export operations. Copyright Business Recorder, 2026 [...]

PDMA issues alert of final spell of monsoon rains

September 12, 2026 2:02

LAHORE: The Provincial Disaster Management Authority (PDMA) Punjab on Friday issued an alert regarding the ninth and final spell of monsoon rains, which is expected to hit the province between September 12 and 17. A PDMA spokesperson said rainfall is likely in Rawalpindi, Jhelum, Chakwal, Talagang and Attock from September 12 to 17, while rain is expected in Lahore, Sialkot, Sheikhupura, Narowal, Mandi Bahauddin, Gujranwala, Gujrat, Wazirabad, Hafizabad, Kasur, Okara, Nankana Sahib and Sargodha between September 14 and 17. According to him, there is also a possibility of rain in Khushab, Mianwali, Noorpur Thal, Faisalabad, Jhang, Toba Tek Singh, Layyah, Bhakkar, Sahiwal, Dera Ghazi Khan, Multan and surrounding areas. The PDMA Punjab Director General stated that relevant agencies have been directed to remain alert due to the risk of landslides in Murree, Galyat and other hilly areas. Director General PDMA Muhammad Saif Anwar Jappa issued instructions to commissioners and deputy commissioners across the province to remain on high alert in view of the weather situation, stating that alerts had been issued to all district administrations in accordance with the directives of Punjab Chief Minister Maryam Nawaz Sharif. He directed the administration to ensure that proactive measures were taken in light of the risk of urban flooding caused by monsoon rains in major cities. There is a threat of urban flooding in Rawalpindi, Lahore, Gujranwala and Faisalabad, along with a risk of flash floods in rainwater drains. The DG PDMA stated that alerts had been issued to all relevant departments, including Health, Irrigation, Communication and Works, Local Government and Livestock. Meanwhile, in a separate statement, the PDMA spokesperson said that water flow in all rivers of Punjab was normal. He said the water situation in the Indus, Chenab, Jhelum, Ravi and Sutlej rivers was normal, while water flow was also being recorded at normal levels in the riverine areas of Dera Ghazi Khan. The PDMA spokesperson added that water flow in Nala Deg and other drains was also at normal levels. Tarbela Dam was 100 percent full, while Mangla Dam was 78 percent full. PDMA Punjab is continuously monitoring the situation. DG PDMA Muhammad Saif Anwar Jappa said that, on the instructions of the Punjab government, flood relief camps had been set up in flood-affected areas, where victims would be provided with shelter, food, clean water, medical facilities and other basic necessities. Copyright Business Recorder, 2026 [...]

PCB 'Coach Education Schedule' announced

September 12, 2026 2:01

LAHORE: The ‘PCB Coach Education Schedule’ has been unveiled for the 2026-27 season with a number of new initiatives undertaken, the Pakistan Cricket Board announced on Friday. The Schedule has been compiled by PCB’s Head of Coach Education and Development Shahid Aslam – a former first-class cricketer, in line with National High-Performance objectives and the demands of modern-day cricket. The itinerary includes one tutor training workshop, six Level 1 certification courses, two Level 2 courses for regional coaches, one Level 3 professional course for PCB’s High-Performance coaches, two Level 1 and 2 courses exclusively for women, five Level 1 refresher courses, two Level 1 courses exclusively for school cricket coaches, a specialised course for skill-based coaches and an inaugural PCB coaching conference. Following a review of the coaching practices at the Grassroots level across the country, it has also been decided that the validity of all Level 1 coaching certification will be five years after which the coach will have to reacquire it. The first activity in the schedule is a two-phase Tutor training workshop, which is designed for regional coaches, who will be trained to teach Level 1 coaching course in their respective regions. In the first phase, 20 coaches underwent training at the National Cricket Academy in Lahore, while the second phase will take place at the Hanif Mohammad High Performance Centre in Karachi. The tutors will then hold a total of six Level 1 certification courses at different times in the 2026-27 season making access to coach education easy for aspirants from far flung areas. Among the new initiatives in Coach Education and Development, it has been decided that aspiring women coaches will be able to attend female-only Level 1 courses, the validity of Level 1 coaching course will be up to five years maximum, School Cricket coaches from Lahore, Karachi and Rawalpindi will be offered Level 1 courses, a solitary specialised skills course will also be introduced, PCB High-Performance coaches will be taught Level 3 coaching course apart from the inaugural PCB Coaching conference. The coaches in the domestic cricket circuit will also be provided an opportunity to take up Biomechanics courses and will be thoroughly trained to incorporate IT practices in their research, preparation and coaching. Shahid Aslam, PCB Head of Coach Education and Development said, “It is our sheer pleasure to announce a robust coach education development schedule for the 2026-27 season. We have expanded the programme with a number of exciting initiatives for both men, women and school cricket coaches across the country. Coaches are absolutely vital part of any cricket ecosystem right from grassroots level to the national setups and developing their skills is of fundamental importance as they have the ability to shape successful careers and produce exciting talent.“ He said, “Our aim this season is to keep the coaches on their toes and introduce modern-day coaching techniques and philosophies, which they can then impart to players at various junctures in their professional cricket journeys.” Copyright Business Recorder, 2026 [...]

Minister hopes for achieving cotton production target

September 12, 2026 1:59

Dar reviews preparations for ECO Council of Ministers

September 12, 2026 1:57

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar chaired a meeting on Friday to review preparations for the ECO Council of Ministers (COM), which Pakistan will host on 15–16 November 2026. The DPM/FM was briefed on the preparations, including the proposed programme and agenda, participation, logistics, and other arrangements. He reviewed the preparations in detail and guided key aspects of the upcoming COM meeting. The DPM/FM underscored Pakistan’s commitment to the Economic Cooperation Organization (ECO) and its role in advancing regional trade, connectivity, and economic cooperation. He directed all concerned to ensure comprehensive preparations for a productive and successful COM meeting in Pakistan. The meeting was attended by Foreign Secretary Amna Baloch and all concerned officers of the Ministry of Foreign Affairs. Copyright Business Recorder, 2026 [...]

‘Flour supply in Punjab being closely monitored’

September 12, 2026 1:56

LAHORE: The Punjab Food Safety and Consumer Protection Department has said that the supply of flour is continuing as usual across the province and that there is no shortage of flour in the market. According to a department spokesperson, uninterrupted supply of flour prepared from government wheat was being ensured in Punjab until September 10, 2026. The spokesperson said flour mills across the province were grinding government wheat and supplying a 10kg bag of flour at Rs1,100. The department was continuously monitoring flour supply, availability and prices to ensure sufficient availability in the market. According to the spokesperson, 222,737 bags of 10kg flour and 342,469 bags of 20kg flour had been supplied across Punjab. An additional 131,956 bags of 20kg flour had also been supplied. The spokesperson said the Punjab government was taking all possible measures to ensure uninterrupted supply of quality flour to the public at the prescribed price. The department was also monitoring the performance of flour mills and the availability of flour in the market on a daily basis, the spokesperson added. Copyright Business Recorder, 2026 [...]

Ali Asad Gilani named Ambassador to China

September 12, 2026 12:46

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Ishaq Dar on Friday announced that Ali Asad Gilani has been appointed as Pakistan’s new Ambassador to China, succeeding Khalil Hashmi, who is set to conclude his tenure and return to the Ministry of Foreign Affairs next week. The deputy prime minister, in a post on X, said that after completing his tenure, Khalil Hashmi would join the foreign ministry next week, appreciating his important contribution to further advancing the close and enduring Pakistan-China friendship. Announcing the new assignment of Ali Asad Gilani, Deputy Prime Minister Dar said that he had served in important positions at the foreign ministry. He expressed the confidence that Pakistan’s new ambassador to China would further advance the Pakistan-China All Weather Strategic Cooperative Partnership and build on the important work undertaken by his predecessors. [...]

Senate panel meeting on Monday: Ufone rebranding, Starlink and Etisalat top agenda

September 12, 2026 12:46

NJPMC commends district judiciary’s performance

September 12, 2026 12:46

ISLAMABAD: The National Judicial (Policy Making) Committee (NJPMC) commended the exceptional performance of the district judiciary in disposing of 1.46 million time-bound cases and 133,457 Model Court cases between September 1, 2025, and July 31, 2026. Chief Justice of Pakistan Justice Yahya Afridi on Friday chaired the 62nd meeting of the NJPMC, which was attended by the Chief Justices of Lahore High Court, Sindh High Court, Peshawar High Court, and the Registrar of the Islamabad High Court. Secretary, Ministry of Law and Justice, Additional Secretary, Ministry of IT and Telecom; and Director General, National Cyber Emergency Response Team were also present on special invitation. The Committee was informed that during this period the LHC decided 1,258,745, SHC 127,069, PHC 26,293, BHC 21,522 and the IHC 34,046 time-bound cases, while number of cases decided by the Model Criminal & Civil Courts from 01-09-2025 to 31-07-2026 is that the LHC decided 46,203 criminal and 23,596 civil, SHC 15,107 criminal and 5,634 civil, PHC 14,233 criminal and 3,573 civil, BHC 14,374 criminal and 8,869 civil and IHC 1,154 criminal and 714 civil cases. The Committee observed that this landmark achievement demonstrates the effectiveness of clearly defined timelines, measurable targets and sustained institutional monitoring, and placed on record its appreciation of the High Courts, District Judiciary, judicial officers and staff for their concerted efforts. The Committee noted that the performance of time-bound cases is already incorporated in the National Judicial Analytics Dashboard (NJAD) and asked the High Courts to continue using the Dashboard for regular performance monitoring and review. The High Courts shall institutionalize and sustain the time-bound disposal mechanism, with regular performance reviews and timely remedial measures. Performance briefings before the Hon’ble Chief Justices shall be held at least once a month and, preferably, with particular focus on disposal, pendency and compliance with prescribed timelines. The Committee also appreciated the successful integration of 17 prioritized case categories into the National Judicial Analytics Dashboard (NJAD), including district-wise and category-wise drill-down functionality and six-month trend analysis. The Committee decided that the respective Registrars of the High Courts shall be responsible for ensuring the completeness and accuracy of the data uploaded to the NJAD, while the Member Inspection Teams (MITs) shall undertake periodic validation of the data relating to the District Judiciary and flag any discrepancies for timely rectification. The Committee further decided that the High Courts shall institutionalize regular performance briefings of the Hon’ble Chief Justices, through the respective Registrars, based on the data and analysis available in the NJAD. Such briefings shall be conducted on a monthly basis with particular focus on case disposal, pendency, backlog, category-wise performance and emerging trends requiring remedial action. The Registrars of the High Courts shall ensure that the observations and directions arising from such performance briefings are appropriately recorded and followed up, and that the relevant data in the NJAD is updated to reflect subsequent progress. Copyright Business Recorder, 2026 [...]

LHC restrains medical colleges from expelling Afghan students

September 12, 2026 12:46

LAHORE: The Lahore High Court (LHC) on Friday restrained medical colleges across Punjab from expelling Afghan students and directed that their examination papers not be cancelled. The court passed the order while hearing petitions filed by Afghan students challenging their removal from medical institutions and adjourned further proceedings for a week. The court observed that the affected students should be given an opportunity to present their position before any action was taken against them. During the proceedings, a lawyer representing the Pakistan Medical and Dental Council (PMDC) submitted that several Afghan students did not possess the required documentation to continue their studies in Pakistan. He argued that foreign nationals could not stay in the country without valid visas. The court, however, questioned the rationale behind sending the students back after they had spent several years pursuing medical education in Pakistan. It observed that they could potentially be sent back after completing their medical education. The court subsequently passed the interim order and adjourned the hearing until September 18. Copyright Business Recorder, 2026 [...]

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... [...]

Mississippi police arrest man in Tasia Fortune homicide investigation

September 12, 2026 2:40

Police in Jackson, Mississippi, have arrested a man after the death of Tasia Fortune was officially ruled a homicide.Jarques Ratliff, 51, has been charged with murder in connection with the death of Fortune, a 29-year-old Black woman who was found hanging from a tree outside an abandoned house on... [...]

Former Canadian PM Jean Chretien fires warning at US: 'We bow to no one'

September 12, 2026 2:20

Former prime minister of Canada Jean Chretien delivered a pointed message to the United States during a speech marking the 25th anniversary of the September 11 attacks.Speaking at a memorial event in Gander, Newfoundland and Labrador, Chretien told Americans: “Never mistake our generosity... [...]

Mike Rogers faces backlash over 9/11 first responder votes amid attacks on Abdul El-Sayed

September 12, 2026 2:00

Michigan Republican Senate candidate Mike Rogers is facing scrutiny over his voting record on 9/11 first responder benefits after repeatedly attacking Democratic rival Abdul El-Sayed over comments about the attacks.Rogers, a former congressman, voted against the 2010 James Zadroga Act, which... [...]

CIA releases secret 9/11 intelligence showing warnings before 9/11

September 12, 2026 1:00

The CIA has released dozens of previously classified presidential briefings detailing US intelligence on Osama bin Laden and Al-Qaida before the September 11 attacks.The documents were declassified pn Friday to mark the 25th anniversary of the attacks that killed nearly 3,000 people, according to... [...]

UK air traffic control meltdown reportedly caused by military aircraft flight data

September 12, 2026 12:20

A military aircraft reportedly triggered the UK air traffic control outage that cancelled more than 2,000 flights and caused widespread airport disruption this week.Hundreds of thousands of passengers were affected Tuesday after systems operated by National Air Traffic Services shut down for four... [...]

Mamdani and AOC 9/11 clip divides internet, witnesses say it is 'taken out of context'

September 12, 2026 12:00

A brief video showing New York City Mayor Zohran Mamdani and Rep. Alexandria Ocasio-Cortez smiling during a 9/11 anniversary ceremony has sparked debate online.The four-second clip was captured Friday at Ground Zero as victims’ names were being read to mark 25 years since the September 11... [...]

Spain records highest-ever sea temperatures in summer 2026: report

September 11, 2026 6:58

Spain records highest-ever sea temperatures in summer 2026: reportSea temperatures surrounding Spain reached unprecedented highs during the summer of 2026, according to data released by the state port authority, Puertos del Estado. The highest temperature in the port authority's entire buoy... [...]

Criticism of Erika Kirk is fair game, says Megyn Kelly

September 11, 2026 5:11

Part of the reason Erika Kirk is facing criticism is that she decided to stay in the public eye by becoming CEO of Turning Point USA, Megyn Kelly said while appearing on Piers Morgan on the first anniversary of Charlie Kirk's death.She said she wished people would move on but she said "criticism... [...]

JD Vance VS Marco Rubio: The battle for post-Trump GOP leadership continues

September 11, 2026 3:01

JD Vance VS Marco Rubio: The battle for post-Trump GOP leadership continuesAs the Republican Party navigates the twilight of the Trump era, Vice President JD Vance and Secretary of State Marco Rubio are positioning themselves as the primary ideological heirs to the movement, setting up a... [...]

Princess Astrid dies two days after brother King Harald's funeral

September 11, 2026 1:38

Princess Astrid represented the Royal House in a warm and dutiful manner.Norway's Princess Astrid, an older sister of late King Harald, died on Friday at the age of 94, the royal palace ⁠said in a statement.Astrid's brother Harald died last month, aged 89, after more than 35 years on the... [...]

Donald Trump encourages MAGA crowd to vote at Republican midterm convention

September 11, 2026 12:55

Donald Trump encourages MAGA crowd to vote at Republican midterm conventionDonald Trump just encouraged his audience in order to secure votes ahead of the upcoming midterms. During the Republican midterm convention in Dallas, Trump, led the audience in a mock version of the Pledge of Allegiance... [...]

Massive waterspout swirls off Italy's coast as severe storms strike Liguria

September 11, 2026 11:52

Massive waterspout swirls off Italy's coast as severe storms strike LiguriaA dramatic meteorological event unfolded off the northwestern coast of Italy as a massive waterspout developed over the sea near Santa Margherita Ligure and Portofino.The striking weather phenomenon formed as a wave of... [...]

US-Mexico trade deal: Both sides race to beat midterm election clock

September 11, 2026 11:06

US-Mexico trade deal: Both sides race to beat election clock The United States and Mexico are rushing to strike a bilateral trade deal before the US midterm elections in less than eight weeks. According to the sources privy to the matter, the urgency of finalizing the deal also stems from... [...]

Putin's biggest Ukraine challenge? Kyiv spy chief reveals timeline

September 11, 2026 9:53

Putin’s biggest Ukraine challenge? Kyiv spy chief reveals 2028 timeline Russia-Ukraine war has been ongoing for more than four years with no resolution on the horizon despite the US-brokered efforts to initiate a peace deal. In the midst of escalating tension, Kyiv’s spy chief... [...]

Canada-Ukraine 100-year partnership: What to know

September 11, 2026 8:43

Canada-Ukraine 100-year partnership: What to knowCanada and Ukraine on Thursday signed a historic declaration aimed at cementing a 100-year partnership between two countries. The pact comes as Ukrainian President Volodymyr Zelenskyy visited Canada and held talks with PM Mark Carney and other... [...]

کراچی: شیرپاؤ کالونی میں رینجرز کی کارروائی، اسٹریٹ کرمنل گرفتار

September 12, 2026 3:09

— فائل فوٹوکراچی کے علاقے شیرپاؤ کالونی میں رینجرز نے خفیہ اطلاع پر کارروائی کر کے ڈکیتی اور اسٹریٹ کرائم میں ملوث ملزم کو گرفتار... [...]

حکومت، پیپلز پارٹی میں اختلافات ختم ہوگئے، ذرائع

September 12, 2026 2:09

حکومت اور پیپلز پارٹی کے درمیان جاری سیاسی کشیدگی اور قانون سازی پر اختلافات ختم کرانے کے لیے پس پردہ رابطے کامیاب ہوگئے۔ ذرائع کا... [...]

میجر راجہ عزیز بھٹی کے 61 ویں یومِ شہادت پر پاک فوج کا خراج عقیدت

September 12, 2026 1:09

پاکستان کی مسلح افواج نے نشانِ حیدر حاصل کرنے والے میجر راجہ عزیز بھٹی شہید کی 61 ویں یوم شہادت پر انہیں خراجِ عقیدت پیش کیا ہے۔آئی... [...]

مریدکے: ن لیگی رہنما شیخ شبیر قاتلانہ حملے میں جاں بحق

September 11, 2026 7:09

مریدکے میں ن لیگی رہنما اور سابق چیئرمین بلدیہ شیخ شبیر قاتلانہ حملے میں جاں بحق ہوگئے۔پولیس کے مطابق شیخ شبیر احمد جی ٹی روڈ پر... [...]

کراچی: منگھوپیر میں فائرنگ سے کم عمر لڑکے کی ہلاکت، 8 رکنی کمیٹی تشکیل

September 11, 2026 6:09

کراچی کے علاقے منگھوپیر میں گھر میں ڈکیتی کی کوشش کے دوران فائرنگ سے کم عمر لڑکے کی ہلاکت کے معاملے کی تحقیقات کیلئے پولیس نے 8... [...]

ناظم آباد میں نجی اسپتال میں خاتون کی ڈیلیوری سے متعلق معاملے کی مزید رپورٹس آگئیں

September 11, 2026 6:09

کراچی کے علاقے ناظم آباد میں نجی اسپتال میں خاتون کی ڈیلیوری سے متعلق معاملے کی مزید رپورٹس آگئی ہیں۔پولیس سرجن ڈاکٹر سمعیہ سید... [...]

ملک ریاض نے اربوں روپے کی عوامی سرمایہ کاری بچانے کیلئے فوری حکومتی مداخلت کی اپیل کر دی

September 11, 2026 6:09

وزیراعظم شہباز شریف و دیگر حکام سے بحریہ ٹاؤن کے بانی ملک ریاض حسین نے اربوں روپے کی عوامی سرمایہ کاری بچانے کے لیے فوری حکومتی... [...]

رکن قومی اسمبلی محمود بشیر ورک انتقال کرگئے

September 11, 2026 6:09

فائل فوٹو: ایکس سابق وفاقی وزیر و چیئرمین قائمہ کمیٹی برائے قانون و انصاف، رکن قومی اسمبلی محمود بشیر ورک انتقال کرگئے۔اہلخانہ کے... [...]

14 ستمبر سے نادرا ویکسینیشن سرٹیفکیٹ کے بغیر بین الاقوامی سفر کی اجازت نہیں ہوگی، ایئر پورٹ ہیلتھ ڈپارٹمنٹ

September 11, 2026 5:09

فائل فوٹو۔14 ستمبر سے نادرا ویکسینیشن سرٹیفکیٹ کے بغیر بین الاقوامی سفر کی اجازت نہیں ہوگی۔ کراچی سے ایئرپورٹ ہیلتھ ڈپارٹمنٹ کے... [...]

سوات: 9 سالہ بچی مبینہ زیادتی کے بعد قتل، خواتین اور مقامی افراد کا احتجاج

September 11, 2026 5:09

سوات کے علاقے مدین میں 9 سال کی بچی کے قتل اور مبینہ زیادتی کے خلاف خواتین اور مقامی افراد نے احتجاج کیا۔مظاہرین کا کہنا تھا کہ... [...]

آئی جی اسلام آباد علی ناصر رضوی کو تبدیل کردیا گیا

September 11, 2026 5:09

علی ناصر رضوی : فوٹو ایکس انسپکٹر جنرل اسلام آباد پولیس علی ناصر رضوی کو تبدیل کردیا گیا۔ذرائع اسٹیبلشمنٹ ڈویژن کا کہنا ہے کہ علی... [...]

ایک مارخور کے شکار کے پرمٹ کیلئے 3 لاکھ 56 ہزار ڈالرز کی بولی

September 11, 2026 5:09

گلگت بلتستان میں ٹرافی ہنٹنگ پروگرام کی نیلامی میں استور مارخور کے لیے سب سے بڑی بولی لگی۔ ایک مارخور کے شکار کے لیے 3 لاکھ 56... [...]

سندھ اسمبلی نے رینجرز کے اختیارات میں ایک سال توسیع کی قرارداد متفقہ طور پر منظور کرلی

September 11, 2026 3:09

فوٹو: فائلسندھ اسمبلی اجلاس میں رینجرز کے اختیارات میں ایک سال توسیع کی قرارداد متفقہ طور پر منظور کرلی گئی، وزیر قانون ضیاء لنجار... [...]

شفیع جان کا رانا ثناء اللّٰہ کے موبائل فون کے فرانزک کا مطالبہ

September 11, 2026 3:09

وزیر اطلاعات خیبر پختونخوا شفیع جان نے وزیراعظم کے مشیر سیاسی امور سینیٹر رانا ثناء اللّٰہ کے موبائل فون کے فرانزک کا مطالبہ... [...]

کراچی سمیت سندھ کے مختلف علاقوں میں 13 سے 16 ستمبر تک بارش کا امکان، محکمہ موسمیات

September 11, 2026 3:09

کراچی سمیت سندھ کے مختلف علاقوں میں 13 سے 16 ستمبر تک بارش کا امکان ہے۔ محکمہ موسمیات کے مطابق کراچی میں 13 ستمبر کی شام یا رات سے 16 ستمبر... [...]

گیارہ ستمبر کے حملوں کو کبھی بھلایا نہیں جائے گا، امریکی صدر

September 12, 2026 1:09

تصویر بشکریہ غیر ملکی میڈیاامریکا کے صدر ڈونلڈ ٹرمپ نے کہا ہے کہ گیارہ ستمبر کے حملوں کو کبھی بھلایا نہیں جائے گا۔صدر ٹرمپ نے... [...]

مشرقی مغربی پائپ لائن عارضی طور پر بند کردی، سعودی وزارت توانائی

September 11, 2026 9:09

تصویر بشکریہ غیر ملکی میڈیاسعودی وزارت توانائی کا کہنا ہے کہ مشرقی مغربی پائپ لائن ریاض اور مدینہ ریجن میں عارضی طور پر بند کر دی گئی... [...]

یمن: حوثیوں کا باب المندب کے اسٹریٹجک جزیرہ میون پر کنٹرول

September 11, 2026 9:09

تصویر بشکریہ غیرملکی میڈیایمن کے حوثیوں نے باب المندب میں واقع اسٹریٹجک اہمیت کے حامل جزیرے میون پر کنٹرول حاصل کرلیا، اس کا مقصد... [...]

ایرانی عوام ہتھیار نہیں ڈالیں گے، صدر پزشکیان

September 11, 2026 7:09

ایرانی صدر مسعود پزشکیان کا کہنا ہے کہ ایرانی عوام ہتھیار نہیں ڈالیں گے، آج ایران بیک وقت اسرائیل، امریکا کے خلاف کامیابی سے کھڑا... [...]

امریکا نے ماضی کی غلطیوں سے سبق نہیں سیکھا، لیون پنیٹا

September 11, 2026 6:09

سابق امریکی وزیر دفاع لیون پنیٹا نے عراق اور افغانستان میں امریکی جنگی حکمت عملی ناکام قرار دے دی۔میڈیا رپورٹس کے مطابق لیون پنیٹا... [...]

ترک میڈیا کی انڈس واٹر ٹریٹی کی معطلی کے یکطرفہ اور غیر قانونی بھارتی اقدام پر تنقید

September 11, 2026 6:09

ترک میڈیا نے انڈس واٹر ٹریٹی کی معطلی کے یکطرفہ اور غیر قانونی بھارتی اقدام پر تنقید کی ہے۔ ایک آرٹیکل میں ڈیلی سباط نے لکھا ہے کہ ... [...]

شیخ حسینہ کی بیٹی مالی بدعنوانی کے الزامات کے بعد عالمی ادارۂ صحت سے مستعفی

September 11, 2026 6:09

بنگلادیش کی معزول وزیراعظم شیخ حسینہ کی بیٹی مالی کرپشن کے الزامات کے بعد عالمی ادارہ صحت سے مستعفی ہوگئیں۔بین الاقوامی خبر ایجنسی... [...]

برطانوی خاتون ٹیچر 16 سالہ طالب علم کے جنسی استحصال کی مجرم قرار

September 11, 2026 5:09

فوٹو: برطانوی میڈیا برطانیہ میں ایک سابق خاتون ٹیچر کو 16 سالہ طالب علم کے جنسی استحصال کے جرم میں قصور وار قرار دیا گیا ہے۔ 30 سالہ... [...]

خطے میں امن و استحکام یمن کی آزادی، خود مختاری اور علاقائی سالمیت کے احترام سے وابستہ ہے، ایران

September 11, 2026 2:09

ترجمان ایرانی وزارت خارجہ اسماعیل بقائی : فوٹو ایرانی میڈیا ترجمان ایرانی وزارت خارجہ اسماعیل بقائی کا کہنا ہے کہ خطے میں امن و... [...]

فلپائن: فیری میں آگ لگنے سے ہلاکتوں کی تعداد 35 ہو گئی، فلپائنی کوسٹ گارڈ

September 11, 2026 2:09

تصویر سوشل میڈیا۔فلپائن میں فیری میں آگ لگنے کے واقعے میں ہلاکتوں کی تعداد 35 ہو گئی ہے۔ ایک بیان میں فلپائنی کوسٹ گارڈ کا کہنا ہے کہ... [...]

پیر کو عمان میں اجلاس منعقد کرینگے، عراق سمیت خطے کے دیگر ممالک شرکت کریں گے، ایران

September 11, 2026 2:09

فائل فوٹو۔ایرانی وزارت خارجہ کے ترجمان نے کہا ہے کہ ایران پیر کو عمان میں اجلاس منعقد کرنے کا منصوبہ رکھتا ہے۔ تہران سے ایرانی خبر... [...]

اے آئی تمام انسانوں کو ختم کرسکتی ہے: ’گاڈ فادر آف اے آئی‘ کا خوفناک انتباہ

September 11, 2026 12:09

علامتی فوٹوگلاسگو: مصنوعی ذہانت کے معروف ماہر اور ’گاڈ فادر آف اے آئی‘ کہلانے والے جیفری ہنٹن نے خبردار کیا ہے کہ انتہائی طاقتور... [...]

یمن میں جاری لڑائی سے 46 ہزار افراد بےگھر ہوچکے، عالمی ادارہ برائے نقل مکانی

September 11, 2026 11:09

فوٹ: رائٹرزبین الاقوامی ادارہ برائے نقل مکانی کے سیکریٹری جنرل ایمی پوپ نے کہا کہ یمن میں گزشتہ ہفتےسے جاری لڑائی میں کم از کم 46 ہزار... [...]

برکس میں اقتصادی تعاون کو وسعت دینے کی نمایاں صلاحیت ہے: مسعود پزشکیان

September 11, 2026 10:09

ایرانی صدر مسعود پزشکیان — فائل فوٹوایرانی صدر مسعود پزشکیان نے کہا ہے کہ برکس میں اقتصادی تعاون کو وسعت دینے کی نمایاں صلاحیت موجود... [...]

ایلون مسک پر سابقہ اہلیہ جسٹن ولسن کے سنگین الزامات

September 11, 2026 10:09

— فائل فوٹو دنیا کے امیر ترین شخص ایلون مسک پر ان کی سابقہ اہلیہ جسٹن ولسن نے نئے اور سنگین الزامات عائد کر دیے۔جسٹن ولسن نے یہ... [...]

پیٹرول اور ڈیزل مزید مہنگا کردیا گیا

September 11, 2026 6:09

فائل فوٹو آئندہ تین روز کیلئے پیٹرول اور ڈیزل مزید مہنگا کردیا گیا۔ جس کا نوٹیفکیشن جاری کردیا گیا۔نوٹیفکیشن کے مطابق پیٹرول 5 روپے... [...]

پی ایس ایکس: خام تیل کا اتار چڑھاؤ 100 انڈیکس پر اثر انداز

September 11, 2026 3:09

پی ایس ایکس 100 انڈیکس اور خام تیل کا بھاؤ کاروباری دن میں ایک دوسرے کے مخالف رہے۔ تیل کا بھاؤ بڑھا تو انڈیکس گرا اور انڈیکس بڑھنے پر... [...]

عالمی منڈی میں خام تیل کی قیمتوں میں اتار چڑھاؤ، برینٹ آئل 105 ڈالر فی بیرل پر آگیا

September 11, 2026 1:09

فوٹو: فائلعالمی منڈی میں خام تیل کی قیمتوں میں اتار چڑھاؤ جاری ہے، برینٹ آئل 4 ڈالر کمی کے بعد 105 ڈالر فی بیرل پر آگیا۔امریکی خام تیل... [...]

پاکستان اور عالمی بازار میں سونے کی قیمت میں کمی

September 11, 2026 10:09

— فائل فوٹوملک میں آج سونے کی قیمتوں میں کمی ہوئی ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق فی تولہ سونے کی قیمت 5600... [...]

امریکا میں ڈیزل کی قیمت میں مسلسل اضافہ

September 11, 2026 9:09

— فائل فوٹوایران جنگ اور روسی آئل ریفائنریوں پر یوکرینی حملوں کے باعث عالمی سطح پر تیل کی سپلائی متاثر ہو رہی ہے۔امریکا میں ڈیزل کی... [...]

پاکستان میں 4 دن میں پیٹرول و ڈیزل کتنا مہنگا ہوا؟

September 11, 2026 3:09

— فائل فوٹوپاکستان میں پیٹرولیم مصنوعات کی قیمتوں میں روزانہ کی بنیاد پر کئی روز سے مسلسل اضافہ کیا جا رہا ہے۔آج کے لیے پیٹرول کی... [...]

ڈیزل اور پیٹرول کی قیمتوں میں آج بھی اضافہ کردیا گیا

September 10, 2026 4:09

وفاقی حکومت نے پیٹرولیم مصنوعات کی نئی قیمتوں کا اعلان کردیا۔نوٹیفکیشن کے مطابق ڈیزل کی قیمت 5 روپے 37 پیسے فی لیٹر بڑھا دی گئی، جبکہ... [...]

مشرق وسطیٰ میں تشویش کی شدت، پی ایس ایکس 100 انڈیکس پونے دو فیصد گرگیا

September 10, 2026 2:09

فوٹو: فائلپاکستان اسٹاک ایکسیچنج کے 100 انڈیکس کو مشرق وسطیٰ میں جاری تشویش کی شدت پونے دو فیصد گرا گئی۔پی ایس ایکس بینچ مارک 100 انڈیکس... [...]

سینیٹ کمیٹی خزانہ نے ایف بی آر سے گزشتہ 10 سال کے ریفنڈز کی تفصیلات طلب کرلیں

September 10, 2026 12:09

فائل فوٹو سینیٹ کمیٹی برائے خزانہ نے ایف بی آر سے گزشتہ 10 سال کے ریفنڈز کی تفصیلات ایک ہفتے میں طلب کرلیں۔فیڈرل بورڈ آف ریونیو حکام... [...]

پیٹرولیم مصنوعات کی قیمتوں کا اتار چڑھاؤ عالمی مارکیٹ سے جڑا ہے: علی پرویز ملک

September 10, 2026 9:09

وفاقی وزیرِ پیٹرولیم علی پرویز ملک—فائل فوٹووفاقی وزیرِ پیٹرولیم علی پرویز ملک کا کہنا ہے کہ پیٹرولیم مصنوعات کی قیمتوں کا اتار... [...]

وزیرِ اعظم شہباز شریف نے آٹو پالیسی 2026ء کی منظوری دیدی

September 10, 2026 7:09

وزیرِ اعظم شہباز شریف—فائل فوٹووزیرِ اعظم شہباز شریف نے آٹو پالیسی 2026ء کی منظوری دے دی۔ذرائع کے مطابق آٹو پالیسی کا اعلان اگلے ہفتے... [...]

پیٹرولیم لیوی پر 60 روپے فی لیٹر کمی کی جائے: پاکستان بزنس فورم

September 10, 2026 7:09

—فائل فوٹوپاکستان بزنس فورم نے وزیرِ اعظم شہباز شریف سے پیٹرولیم لیوی پر 60 روپے فی لیٹر کمی کا مطالبہ کیا ہے۔پاکستان بزنس فورم کے... [...]

پاکستان کی سمندری خوراک کی برآمدات میں تاریخی اضافہ

September 10, 2026 6:09

— فائل فوٹوپاکستان کی سمندری خوراک کی برآمدات میں تاریخی اضافہ ریکارڈ ہوا ہے۔وزارتِ بحری امور کے مطابق 2 سال میں پاکستانی سی فوڈ کی... [...]

قطر سے ایل این جی کارگو پورٹ قاسم پہنچ گیا

September 10, 2026 6:09

—فائل فوٹوقطر سے ایل این جی لے کر کارگو شپ پورٹ قاسم کراچی پر پہنچ گیا۔قطر سے 81 ہزار 936 میٹرک ٹن ایل این جی لے کر جہاز پورٹ قاسم پہنچا... [...]

عالمی منڈی میں تیل کی قیمتوں میں اضافہ

September 9, 2026 10:09

امریکا اور ایران کے درمیان کشیدگی بڑھنے کے ساتھ عالمی منڈی میں تیل کی قیمتوں میں بھی اضافہ ہوگیا۔مربن خام تیل ساڑھے سات فیصد... [...]

The Fed could raise interest rates three times. Here’s where the market could face the stiffest test.

September 11, 2026 11:54

Economists note that the Fed historically has not been content to raise rates only once. [...]

This investment is safe from both Trump and the Democrats — and it pays 4.7%

September 11, 2026 10:06

There’s a safe haven hiding in plain sight. [...]

Marvell is sitting on an incredibly ‘sticky’ business that could help it unlock a $30 billion opportunity

September 11, 2026 9:16

Marvell is best known for making custom chips — but an analyst notes there’s arguably more potential in supporting components and optical networking. [...]

‘I’m the executor’: My two siblings and I inherited an IRA. Can we just cash it out?

September 11, 2026 9:00

“Am I required to create three new inherited IRAs so that the firm can divide it equally?” [...]

Tesla could transform the trucking business — and capitalize on high diesel prices

September 11, 2026 8:49

The EV maker aims to finally kick its long-awaited Semi truck into high gear — unlocking a potentially huge opportunity, according to Morgan Stanley. [...]

Oracle shook off fears about AI spending, but its stock still loses ground

September 11, 2026 8:45

“Several of Oracle’s bear cases were addressed head on” in the latest earnings report, according to an analyst. [...]

Salesforce’s stock has been riding a wave of AI optimism. Here’s what Wall Street wants to see next.

September 11, 2026 8:44

Salesforce’s Dreamforce conference next week could offer a glimpse of how its recently announced Claudeforce partnership with Anthropic will play out. [...]

Why Dell and HPE were the S&P 500’s top-performing stocks today

September 11, 2026 8:30

Oracle’s earnings provided an upbeat read for hardware suppliers — but the Fed’s interest-rate moves could dictate just how much they continue benefitting. [...]

I’m a single 58-year-old veteran in California with $1.5 million and a VA pension. Can I retire?

September 11, 2026 8:30