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Trump says he'll fire advisers LaCivita, Blair 'if there's a conflict'
WASHINGTON: US President Donald Trump on Wednesday said he would immediately fire his advisers Chris LaCivita and James Blair “if there’s a conflict,” following a New York Times report that the two…
Business Recorder
Govt Targets 125,000 Home Loans This Year
The government has set a target to provide Rs. 700 billion in housing loans for 125,000 residential units this year
ProPakistaniEnergy stocks drag Sri Lankan shares lower
Sri Lankan shares closed lower on Wednesday, dragged by energy stocks. The CSE All-Share index settled 0.64% lower at 20,517.55 points.
Business RecorderFBR to Monitor 5 Major Industries With Cameras
The Federal Board of Revenue (FBR) has authorized four vendors to install and operate electronic production monitoring equipment at manufacturing
ProPakistaniGulf bourses retreat as Saudi-Houthi tensions surge
Most Gulf stock markets ended lower on Wednesday as fighting between Yemen’s Houthis and Saudi-backed government forces intensified on several fronts.
Business RecorderPPL is Moving Entire Business With 500+ Staff to Islamabad
Pakistan Petroleum Limited (PPL) is relocating more than 500 employees from Karachi to a new head office in Islamabad. This
ProPakistaniPakistan Navy seizes narcotics worth $96mn in Arabian Sea operations
Pakistan Navy seized narcotics worth approximately $96 million in two separate counter-narcotics operations in the Arabian Sea, the military’s media wing said on Wednesday.
Business RecorderIndia-bound sunflower oil cargoes face cancellation, delays as war disrupts Russian shipments
MUMBAI: A shipment of Russian sunflower oil bound for India was cancelled and other cargoes have been delayed after attacks on Black Sea ports disrupted exports from India’s top supplier, an…
Business Recorder19% Govt Loans Reach Home Buyers
Pakistan’s banking system has approved more than Rs. 400 billion in financing for affordable housing, but only around Rs. 76
ProPakistaniGove to Punish Car Makers for Missing Export Targets Under New 5-Year Policy
The federal government plans to punish automobile manufacturers and Tier-1 auto parts companies for missing mandatory export targets under the
ProPakistaniKagan and Soai win 2026 Nobel chemistry prize
STOCKHOLM: Scientists Henri Kagan and Kenso Soai won the 2026 Nobel Prize in Chemistry “for the discovery of non-linear effects and autocatalysis in asymmetric organic synthesis,” the award-giving…
Business RecorderSECP Introduces Passive Equity Sub-Fund under Voluntary Pension Scheme
The Securities and Exchange Commission of Pakistan (SECP) has introduced a Passive Equity Sub-Fund under the Voluntary Pension Scheme (VPS) framework, which will be offered by pension fund managers…
Business Recorder
Aurangzeb urges microfinance sector to shift to cashflow-based lending
Finance Minister Muhammad Aurangzeb on Wednesday urged the microfinance sector to shift towards cashflow-based lending and make greater use of alternative data and digital credit scoring to expand…
Business RecorderPakistan plans tougher telecom rules, national roaming obligations for dominant operators
ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has proposed a tougher competition regime for the telecom sector, empowering the regulator to impose national roaming…
Business RecorderMuhammad Aurangzeb expects Pakistan’s current account deficit at 0%-1% this year
0%1%2.6%12.5%Mettis GlobalML-1 should be financed partly through commercialisation of railway land, says PM
Prime Minister Muhammad Shehbaz construction of Main Line-1 (ML-1) should be undertaken on a commercial basis by utilising the identified lands worth billions of rupees of Pakistan Railways.
Business Recorder
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