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Ambani's Reliance welcomes Starlink competition in first response to Musk
Mukesh Ambani’s Reliance Industries said it welcomed competition from Elon Musk’s Starlink in India’s satellite internet market, its first public response to a week of attacks by Musk, days…
Business RecorderTrump says he is talking to Russia and China about denuclearization
WASHINGTON: US President Donald Trump said on Thursday Washington is holding talks with Moscow and Beijing aimed at denuclearizing the countries with the biggest stockpiles of nuclear weapons.
Business Recorder
Bank of England's Bailey says second-round inflation pressures look subdued so far
BANGKOK: Soaring energy prices so far appear to be having limited wider effects on British prices, but it is too soon to draw firm conclusions, Bank of England Governor Andrew Bailey said on…
Business RecorderIndian shares on track for higher open on lower Treasury yields, SEBI relief
Indian shares are likely to open higher on Friday , extending their recovery from the previous session, as a drop in US Treasury yields and changes to the closing auction session by the local…
Business RecorderAPT Symposium: AI rapid adoption risks creating new inequalities
ISLAMABAD: Expanding mobile network coverage alone will not bridge Pakistan’s digital divide unless accompanied by affordable smartphones, accessible financing and meaningful digital services, while…
Business RecorderGovt urged to promote electric stoves, local manufacturing
ISLAMABAD: With only 51 percent of Pakistan’s population having access to clean cooking facilities, energy experts on Thursday urged the government to promote affordable electric stoves and local…
Business RecorderMarble finishing, technology upgradation: Ministry forms four technical groups
ISLAMABAD: The Ministry of Industries and Production has formed four technical groups tasked with making recommendations on marble finishing, technology upgradation, value addition and export…
Business RecorderPakistan, ADB reinforce development partnership
BANGKOK: Federal Minister for Economic Affairs and Pakistan’s Governor to the Asian Development Bank (ADB), Ahad Khan Cheema, met with ADB President Masato Kanda on the sidelines of the 2026 Annual…
Business RecorderPM grieved over loss of lives in roof collapse
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday expressed grief over the loss of lives in the collapse of a roof at a private school in Peshawar’s Deir Colony and ordered a comprehensive report…
Business RecorderTMA for reforms to restore export competitiveness
KARACHI: Omer Anwar Lari, Vice Chairman of the Towel Manufacturers’ Association of Pakistan (TMA), has called for immediate and comprehensive policy measures to address the rising cost of doing…
Business RecorderSoaring costs force PHMA to seek export support
KARACHI: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Thursday urged the federal government to provide temporary export support of 6-8 per cent of the free-on-board (FoB)…
Business Recorder1QFY27: Auto sector profits seen falling 35pc QoQ
KARACHI: Pakistan’s listed automobile sector is expected to post combined earnings of Rs12.6 billion in 1QFY27, down 35 percent quarter-on-quarter, as vehicle sales volumes declined 16 percent…
Business RecorderLoss-making Disco on sell-off list: IESCO seeks over 54pc hike in tariff for CY27
ISLAMABAD; The Islamabad Electric Supply Company (IESCO), a loss-making power distribution company included in the first phase of the government’s privatisation programme, has sought an increase of…
Business RecorderPunjab broadband expansion project faces delay: World Bank
ISLAMABAD: The World Bank’s USD70 million Connected Punjab Programme has yet to become effective, with financing and implementation agreements still unsigned, delaying key institutional and…
Business RecorderPMSA praises Cnergyico for prompt response to oil spill incident
ISLAMABAD: The Pakistan Maritime Security Agency (PMSA) has formally appreciated Cnergyico Pakistan Limited (CPL) for its prompt and effective response to an oil spill incident near Churna Island…
Business RecorderMissing auto policy amid growing auto sales
Pakistan’s new auto policy is nowhere to be seen, but car sales continue to grow. What is changing is the composition of demand.
Business Recorder
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