» Intra-day update: rupee records gain against US dollar
15/01/26 10:18 from Business Recorder - Latest News
The Pakistani rupee strengthened against the US dollar, appreciating 0.07% during the opening minutes of trading in the inter-bank market on Thursday. At 10am, the local currency was hovering at 279.78, a gain of Re0.19 against the green...
» Buying returns to bourse, KSE-100 gains over 900 points
15/01/26 09:54 from Business Recorder - Latest News
Positive sentiments returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 900 points during the opening minutes of trading on Thursday. At 9:35am, the benchmark index was hovering at 183,516.47, an ...
» Oil drops as Trump calms Iran fears; tech stocks slide in Asia
15/01/26 08:00 from Business Recorder - Latest News
TOKYO: Oil prices retreated from multi-month highs on Thursday and safe-haven gold eased back from a record peak after US President Donald Trump calmed market anxiety about potential US military action against Iran. A selloff in tech s...
» Trump questions Reza Pahlavi’s ability to garner support in Iran
15/01/26 07:54 from Business Recorder - Latest News
WASHINGTON: US President Donald Trump said on Wednesday that Iranian opposition figure Reza Pahlavi “seems very nice” but expressed uncertainty over whether Pahlavi would be able to muster support within Iran to eventually take over. In ...
» Trump backs Venezuela staying in OPEC
15/01/26 07:38 from Business Recorder - Latest News
WASHINGTON: President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the Petroleum Exporting Countries , or OPEC, but added he was unsure if that would be a better situat...
» Yen steadies as traders gird for election, intervention fears lurk
15/01/26 07:31 from Business Recorder - Latest News
SINGAPORE: The yen held onto overnight gains on Thursday but was pinned near 18-month lows as traders remained wary of intervention after strong warnings ahead of an election in Japan that could usher in more fiscal stimulus and keep the...
» Oil prices sink more than 2% as Trump remarks calm concern about Iran
15/01/26 07:27 from Business Recorder - Latest News
TOKYO: Oil prices slid more than 2% in early Asian trade on Thursday after U.S. President Donald Trump said killings in Iran’s crackdown on nationwide protests were stopping, tempering concern over military action against Iran and supply...
» Iran vows fast trials after Trump threatens action
15/01/26 07:21 from Business Recorder - Latest News
PARIS: Iran on Wednesday vowed fast-track trials for people arrested over a massive wave of protests, after US President Donald Trump threatened “very strong action” if the Islamic republic goes ahead with hangings. In Tehran, authoritie...
» IMF programme widely perceived as ‘anti-growth’: Dar
15/01/26 06:22 from Business Recorder - Latest News
ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Wednesday acknowledged that the IMF programme is widely perceived as an “anti-growth” measure, cautioning that a growth rate of around 2.6 percent could ...
» Super Tax levy: FCC urged to take into consideration 27th Amendment, other factors
15/01/26 06:25 from Business Recorder - Latest News
ISLAMABAD: The Federal Constitutional Court (FCC) was asked to keep in mind 27th Constitutional Amendment and other factors while delivering judgement on Super Tax under Sections 4B and 4C. A three-member bench, headed by the Chief Justi...
» IHC slaps Rs0.1m fine on CIR
15/01/26 06:33 from Business Recorder - Latest News
ISLAMABAD: The Islamabad High Court (IHC) has slapped a Rs100,000 fine on Commissioner Inland Revenue, Islamabad while dismissing department income tax reference, which has been termed as harassment, abuse of authority, and frivolous lit...
» Wealth statements sought from MPs by today
15/01/26 07:56 from Business Recorder - Latest News
ISLAMABAD: The legislators, comprising the parliamentarians, and provincial assemblies’ members, are required to submit, latest by today (Thursday), the wealth statements of the previous financial year 2045-25, to avoid suspension of the...
» Customs seizes Rs412.2m smuggled goods
15/01/26 07:59 from Business Recorder - Latest News
ISLAMABAD: The Collectorate of Customs Enforcement, Islamabad, has seized a large consignment of smuggled and non-duty-paid goods, including luxury vehicles, heavy bikes, and electronic items, during Intelligence-Based Operations conduct...
» FO condemns Indian National Security Advisor’s remark
15/01/26 08:04 from Business Recorder - Latest News
ISLAMABAD: Pakistan’s Foreign Office denounced Indian National Security Advisor Ajit Doval, urging India’s youth to “avenge our history” and build a strong nation. Foreign Office’s spokesperson Tahir Andrabi said that such remarks reflec...
» JCP confirms six additional judges of PHC
15/01/26 08:07 from Business Recorder - Latest News
ISLAMABAD: Judicial Commission of Pakistan recommended to confirm six additional judges of the Peshawar High Court, and granted extension to four PHC judges. The JCP (Peshawar High Court) met on Wednesday at the Conference Room of the Su...
» Parliamentary panel was told: 63pc of PR locomotives have exceeded their lifespans
15/01/26 08:10 from Business Recorder - Latest News
ISLAMABAD: A parliamentary panel was informed that 63 percent of Pakistan Railways’ locomotives have exceeded their operational lifespan, as out of a total of 439 operational locomotives, 275 are over-aged. The National Assembly Standing...
» Gaza technocratic body: Palestinian factions offer support
15/01/26 08:13 from Business Recorder - Latest News
CAIRO: The majority of Palestinian factions and the presidency offered their support for the Palestinian technocratic committee meant to govern Gaza, after mediator Egypt announced on Wednesday that all parties had agreed on its members....
» FBR monitoring lifestyles to catch tax evaders
15/01/26 08:18 from Business Recorder - Latest News
ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday officially announced that the FBR will punish thousands of individuals displaying wealth and expenditure on digital platforms, but evading taxes or concealing their income or assets...
» SEZs Ordinance withdrawn
15/01/26 08:31 from Business Recorder - Latest News
ISLAMABAD: Ministry of Law has notified the withdrawal of notification regarding Special Economic Zones (Amendment) Ordinance, 2026 under Article 89 (2) (b) of the Constitution. The Ministry of Law issued the notification after President...
» AIIB declares Punjab trenchless tunnel a ‘star project’
15/01/26 06:06 from Business Recorder - Latest News
LAHORE: The Asian Infrastructure Investment Bank (AIIB) has declared Punjab’s Tunnel Boring Trenchless Technology Project a ‘star project. An AIIB delegation called on Punjab Housing Secretary Noor-ul-Amin Mengal on Wednesday to discuss ...