» Gas supplies normalised after restoration of 30mmcfd: SSGC
14/01/26 22:03 from Business Recorder - Latest News
Sui Southern Gas Company (SSGC) on Wednesday said gas supplies had returned to normal across its franchise areas following the restoration of around 25-30 million cubic feet per day (mmcfd) of gas from various fields, resulting in improv...
» Cabinet reviews new currency note designs, forms committee for further deliberation
14/01/26 21:22 from Business Recorder - Latest News
The federal cabinet, chaired by Prime Minister Shehbaz Sharif, on Wednesday reviewed proposals for redesigning Pakistan’s currency notes and constituted a cabinet committee to examine the matter in detail. According to a Prime Minister’s...
» Big Bash League: Zaman Khan leads Brisbane Heat to crucial win
14/01/26 20:43 from Business Recorder - Latest News
Brisbane Heat kept their finals hopes alive after a crucial victory over Hobart Hurricanes, with Pakistan fast bowler Zaman Khan playing a decisive role, while Hobart missed the opportunity to secure top position on the points table . Th...
» US stocks open lower, extending pullback
14/01/26 20:33 from Business Recorder - Latest News
NEW YORK: Wall Street stocks retreated early Wednesday as markets digested solid earnings from large US banks and delayed retail sales data that topped expectations. The early losses came on the heels of a down day Tuesday. Geopolitical ...
» Sindh launches E-Transfer system to digitise teachers’ transfer process
14/01/26 20:38 from Business Recorder - Latest News
KARACHI: The Sindh Education Department has implemented an E-Transfer System for the transfer of teachers and employees, Sindh Education Department said on Wednesday. The E-Transfer System will formally become operational from January 15...
» inDrive partners with Krave Mart to launch grocery delivery in Pakistan
14/01/26 21:40 from Business Recorder - Latest News
inDrive, a global mobility and services platform, has expanded its services in Pakistan with the launch of inDrive. Groceries, in collaboration with its dark stores partner Krave Mart. According to the statement, the new service allows u...
» Most Gulf markets retreat on geopolitical woes
14/01/26 18:51 from Business Recorder - Latest News
Most Gulf stock markets closed lower on Wednesday due to ongoing geopolitical tensions in the region, despite slightly lower-than-expected U.S. inflation data that boosted hopes for upcoming interest rate cuts. Tehran has warned neighbou...
» Appellate tribunal upholds CCP action against misleading ice cream claims
14/01/26 19:38 from Business Recorder - Latest News
The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan’s (CCP) findings against Unilever Pakistan and FrieslandCampina Engro for misleading consumers by advertising frozen desserts as ice cream, accord...
» Trump says US control of Greenland ‘vital’ for air defense
14/01/26 17:47 from Business Recorder - Latest News
WASHINGTON: President Donald Trump said Wednesday that US control of Greenland was “vital” for his planned Golden Dome air and missile defense system. “The United States needs Greenland for the purpose of National Security. It is vital f...
» Economic reset needs continuity beyond political cycles: Ishaq Dar
14/01/26 22:22 from Business Recorder - Latest News
Deputy Prime Minister and Foreign Minister Ishaq Dar on Wednesday said Pakistan’s economic reset hinges on policy continuity and institutional stability that extends beyond political cycles, stressing that sustainable growth cannot be ac...
» Sri Lanka shares end higher with broad based gains
14/01/26 17:10 from Business Recorder - Latest News
Sri Lankan shares closed higher on Wednesday ahead of a market holiday. The CSE All-Share index settled 0.43% higher at 23,708.70 points. Sri Lanka markets will be closed on Thursday, January 15, for a local holiday. Trading will resume ...
» Indian bonds slump to more than 3-week low as selloff continues after index snub
14/01/26 17:08 from Business Recorder - Latest News
MUMBAI: Indian government bonds slid on Wednesday, with the benchmark 10-year falling to the lowest in more than three weeks, on lingering disappointment over Indian debt not being added to Bloomberg’s Global Aggregate Index. The benchma...
» India’s Shriram Finance gets shareholders’ nod for MUFG deal-linked proposals, sources say
14/01/26 17:03 from Business Recorder - Latest News
MUMBAI/NEW DELHI: India’s Shriram Finance shareholders voted in favour of three proposals linked to the non-bank lender’s deal with Japanese investment bank MUFG signed last month, two sources with direct knowledge of the matter said on ...
» India’s central bank allows Japan’s Sumitomo Mitsui Banking to set up local unit
14/01/26 17:00 from Business Recorder - Latest News
BENGALURU: India’s central bank has granted an “in-principle” approval to Japan’s Sumitomo Mitsui Banking Corp (SMBC) for setting up a wholly-owned subsidiary in the country, the regulator said in a statement on Wednesday. SMBC, which la...
» India’s HDB Financial posts higher profit on strong credit demand
14/01/26 16:56 from Business Recorder - Latest News
India’s HDB Financial Services posted a nearly 36% rise in third-quarter profit on Wednesday, aided by improved loan growth. Net profit rose to 6.44 billion rupees ($71.3 million) for the quarter ended December 31 from 4.72 billion India...
» Iran warns neighbours it could strike US bases if Washington intervenes in protests
14/01/26 16:52 from Business Recorder - Latest News
DUBAI/DOHA: Tehran has warned neighbouring countries hosting U.S. troops that it would retaliate against American bases if Washington carries out threats to intervene in protests in Iran, a senior Iranian official told Reuters on Wednesd...
» Pakistan to play Australia in final T20I World Cup preparation
14/01/26 16:49 from Business Recorder - Latest News
LAHORE: Former champions Pakistan and Australia will face off in three Twenty20 internationals to wrap up their preparations for next month’s World Cup, the Pakistan cricket board (PCB) said on Wednesday. India and Sri Lanka are co-hosts...
» Multi-million-dollar makeover planned for Karachi’s Ziarat Hasan Shah Island
14/01/26 16:42 from Business Recorder - Latest News
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced plans to transform Ziarat Hasan Shah Island into a modern hub for eco-tourism, sports tourism, and lifestyle retreats, balancing environmental sustainability ...
» Palm extends losses as Indonesia scraps B50 biodiesel plan
14/01/26 16:40 from Business Recorder - Latest News
KUALA LUMPUR: Malaysian palm oil futures reversed earlier gains to close lower for a second straight session on Wednesday, after Indonesia cancelled plans to implement its mandatory B50 biodiesel programme this year, though signs of impr...
» India’s Infosys beats Q3 revenue view; ups annual forecast range
14/01/26 16:30 from Business Recorder - Latest News
BENGALURU: Infosys reported better-than-expected third-quarter revenue on Wednesday, helped by a pickup in tech demand from its financial services clients. Revenue at India’s second-largest IT services provider rose 8.9% to 454.79 billio...