» ECC clears over Rs15bn in supplementary grants for defence, IT, social and digital initiatives
13/01/26 21:40 from Business Recorder - Latest News
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved multiple technical supplementary grants (TSGs) exceeding Rs15 billion to support defence services, digital transformation, special education, and public service...
» Trump urges Iranians to keep protesting, says ‘help is on its way’
13/01/26 20:41 from Business Recorder - Latest News
DUBAI: US President Donald Trump urged Iranians on Tuesday to keep protesting and said help was on the way, without giving details, as Iran’s clerical establishment pressed its crackdown against the biggest demonstrations in years. “Iran...
» Trump to attend World Economic Forum in Davos next week: organisers
13/01/26 20:36 from Business Recorder - Latest News
PARIS: President Donald Trump will join dozens of leaders at the World Economic Forum in Switzerland next week, along with “the largest US delegation ever”, the forum’s chief executive said Tuesday. “We’re pleased to welcome back Preside...
» World Bank sees resilient global growth in 2026 amid tariffs but fading dynamism
13/01/26 20:35 from Business Recorder - Latest News
WASHINGTON: The global economy is proving more resilient than expected, with 2026 GDP growth expected to improve slightly over forecasts from last June, the World Bank said on Tuesday while warning that growth is too concentrated in adva...
» X down for thousands of users globally, Downdetector shows
13/01/26 20:33 from Business Recorder - Latest News
Social media platform X was down for thousands of users globally on Tuesday, according to Downdetector.com. There were more than 22,900 reports of issues with the platform in the U.S. as of 9:19 a.m. ET, according to Downdetector, which ...
» Iran to press capital crime charges for ‘rioters’: prosecutors
13/01/26 20:32 from Business Recorder - Latest News
PARIS: Iranian authorities will press capital crime charges against some suspects arrested over recent demonstrations, prosecutors said Tuesday, as alarm grows that the Islamic republic could extensively use the death penalty to crack do...
» Easypaisa Digital Bank, Visa partner to expand card-based payments
13/01/26 20:49 from Business Recorder - Latest News
Visa, a global digital payments company, and easypaisa Digital Bank have entered into a strategic partnership aimed at expanding card-based digital transactions across Pakistan and international markets, the companies said on Tuesday. Un...
» US stocks mixed after muted inflation data
13/01/26 20:15 from Business Recorder - Latest News
NEW YORK: Wall Street stocks were mixed early Tuesday following muted US inflation data and solid results from JPMorgan Chase. The consumer price index rose 2.7 percent last month, the same rate as in November and in line with expectatio...
» Nestlé and Unilever’s India engine risks stalling
13/01/26 20:10 from Business Recorder - Latest News
MUMBAI: India is piling into consumer giants’ basket of troubles. Unilever and Nestléare losing pricing power in the world’s fifth-largest economy amid growing competition from nimble upstarts. It’s an unwelcome headache for the groups t...
» India’s ICICI Lombard posts lower quarterly profit as commissions, employee costs rise
13/01/26 20:01 from Business Recorder - Latest News
India’s ICICI Lombard General Insurance reported a decline in third-quarter profit on Tuesday, as higher payouts to agents and employees outweighed strong demand in retail health and motor insurance. Backed by ICICI Bank, one of India’s ...
» Water security now a national security issue: Ahsan Iqbal
13/01/26 19:03 from Business Recorder - Latest News
Federal Minister for Planning, Development and Special Initiatives Prof Ahsan Iqbal Chaudhary on Tuesday said water security has emerged as a critical national security, food security, and economic stability challenge for Pakistan, warni...
» Most Gulf bourses gain on rising oil prices
13/01/26 18:36 from Business Recorder - Latest News
Most stock markets in the Gulf closed higher on Tuesday helped by climbing oil prices, while investors assessed the possible impact on the dollar and interest rates after the U.S. administration threatened Federal Reserve Chair Jerome Po...
» Pakistan-origin US cricketers denied Indian visas ahead of T20 World Cup
13/01/26 18:35 from Business Recorder - Latest News
Pakistan-origin United States cricketers Ali Khan and Shayan Jahangir have reportedly been denied Indian visas ahead of the ICC Men’s T20 World Cup 2026, scheduled to be held in India from February 7 to March 8. Fast bowler Ali Khan high...
» India’s smartphone security proposal faces backlash over privacy concerns
13/01/26 18:32 from Business Recorder - Latest News
BENGALURU: The Indian government’s plan requiring smartphone makers to share source code as part of a raft of new security measures has drawn criticism from privacy advocates and technology experts over fears of heightened surveillance. ...
» Qatar warns any US-Iran escalation would be ‘catastrophic’ for region
13/01/26 17:45 from Business Recorder - Latest News
DOHA: A military escalation between the United States and Iran would have grave consequences for the region, Qatar said Tuesday after Washington threatened strikes in response to a government crackdown on protests in the Islamic republic...
» Mayor Murtaza Wahab announces end to ‘water tanker culture’ in Karachi
13/01/26 17:52 from Business Recorder - Latest News
Karachi Mayor Murtaza Wahab on Tuesday signalled a major shift in the city’s water distribution strategy, directing the Karachi Water and Sewerage Corporation (KWSC) to phase out tanker-based supply in favour of a pipeline-dependent syst...
» Sri Lankan shares end little changed
13/01/26 17:40 from Business Recorder - Latest News
Sri Lankan shares ended mostly unchanged on Tuesday, with gains in real estate and communication stocks offset by a drop in IT and industrial stocks. The CSE All-Share index declined marginally to 23,607.80. On Monday, the index snapped ...
» India bonds fall after Bloomberg index entry setback
13/01/26 17:35 from Business Recorder - Latest News
MUMBAI: Indian government bonds declined on Tuesday, as Bloomberg Index Services held off including Indian debt in its global index, surprising traders as they had already factored it into prices, and added that the review for inclusion ...
» Bangladesh tells ICC not playing in India for World Cup
13/01/26 17:30 from Business Recorder - Latest News
DHAKA: Bangladesh’s cricket board said Tuesday it had repeated its refusal to travel to India for next month’s T20 World Cup during talks with the ICC governing body. With ties tense between the two countries, Bangladesh wants the Intern...
» Anti-minority hate speech in India rose by 13% in 2025, US research group says
13/01/26 17:30 from Business Recorder - Latest News
WASHINGTON: Hate speech against minorities including Muslims and Christians in India rose by 13% in 2025, with most incidents occurring in states governed by Prime Minister Narendra Modi’s Hindu nationalist Bharatiya Janata Party, a Wash...