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News - Daily Times Pakistan

“Not close friends” Neeraj clears air on Arshad Nadeem ties News, Sports

Indian Olympic gold medalist Neeraj Chopra has addressed growing public interest and speculation about his relationship with Pakistani javelin thrower Arshad Nadeem. Speaking at a press conference ahead of the Diamond League in Doha Chopra clarified that while the two athletes shared mutual respect they were never very close friends and recent political tensions between India and Pakistan had strained their bond.

Business, News Pakistan to roll out national electric vehicle policy targets 30% EVs by 2030

The federal government is poised to approve Pakistans much-awaited National Electric Vehicle (NEV) Policy next week. The draft policy which has undergone consultations with a range of stakeholders is now awaiting final approval from the prime minister before being sent to the federal cabinet for endorsement and implementation.

Business, News Pakistan eyes Starlink to bridge digital divide amid engagement with SpaceX

Rizwan Saeed Sheikh Ambassador of Pakistan to the United States has said that the transformative potential of SpaceXs Starlink which provides internet access to remote locations by low Earth orbit satellites can bridge Pakistans digital divide. The remarks came during Sheikhs high-level visit to the headquarters of SpaceX a leading American aerospace and tech firm […]

1 in 4 jobs globally threatened by generative artificial intelligence Report Business

A report by the International Labour Organization (ILO) and Polands National Research Institute (NASK) revealed Tuesday that 25% of jobs worldwide are potentially exposed to generative artificial intelligence (GenAI) with clerical and highly digital occupations facing the highest vulnerability. The report Generative AI and Jobs: A Refined Global Index of Occupational Exposure presented what researchers […]

Business, Companies And Markets, News Gold price per tola jumps Rs6600 in Pakistan

Gold prices in Pakistan increased on Wednesday in line with their rise in the international market. In the local market gold price per tola reached Rs349400 after it gained Rs6600 during the day. Similarly 10-gram gold was sold at Rs299554 after increasing by Rs5659 according to the rates shared by the All-Pakistan Gems and Jewellers […]

Business No valid sales tax refund claims pending, FBR tells Senate panel

The Senate Standing Committee on Finance and Revenue convened Wednesday in Islamabad under the chairmanship of Senator Saleem Mandviwalla to review issues related to tax refunds business migration and taxation policies. The meeting was attended by Senators Farooq Hamid Naek Syed Faisal Ali Subzwari Faisal Vawda Munzoor Ahmed and Abdul Qadir. Senator Mohsin Aziz participated […]

Business Pakistan’s sesame exports to China reach new heights in Jan-April 2025

Pakistans sesame seed exports to China have soared to unprecedented levels reaching nearly $49 million between January and April 2025. This surge marks a significant milestone in the deepening agricultural trade relationship between the two countries according to a report carried by China Economic Net (CEN) on Wednesday. The report says Pakistans Ambassador to China […]

Business Cutlery exports increase 3.55% to $49.971 in 10 months

The exports of cutlery witnessed an increase of 3.55 percent during the first ten months fiscal year 2024-25 as against the exports of the corresponding period of last year. The cutlery exports from the country were recorded at US $49.971 million during July-April (2024-25) against the exports of US $48.258 million during July-April (2023-24) according […]

Business SECP ceases guarantee business of United Insurance

The Securities and Exchange Commission of Pakistan (SECP) has officially halted the guarantee business of The United Insurance Company of Pakistan Limited effective May 20 2025 citing serious regulatory violations and failure to honour financial commitments. The decision made under Section 60 of the Insurance Ordinance 2000 comes after the company was found to have […]

Business Finmin briefs Dutch envoy on Pakistan’s macroeconomic outlook

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting Wednesday with Henny de Vries Ambassador of the Kingdom of the Netherlands to Pakistan at the Finance Division Islamabad. During the meeting both sides discussed matters of mutual interest and avenues for further strengthening bilateral economic cooperation. The Finance Minister briefed the Ambassador […]

Business PSX witnesses bullish trend, gains 960 points

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Wednesday gaining 960.33 points a negative change of 0.81 percent closing at 119931.46 points as compared to 118971 points on the last trading day. A total of 667685585 shares were traded during the day as compared to 437920561 shares the previous trading […]

Sports Pakistan drop stars Shaheen Azam and Rizwan for Bangladesh T20s

Pakistan dropped stars Shaheen Shah Afridi Babar Azam and Mohammad Rizwan on Wednesday as they named a new-look squad for three home Twenty20 internationals against Bangladesh. Former New Zealand coach Mike Hesson will take charge for the first time after being appointed last week replacing Aaqib Javed. Salman Ali Agha will captain Pakistan as they […]

Sports Marmoush scores stunning goal as Kevin De Bruyne says goodbye to Man City

Omar Marmoushs stunning long-range strike upstaged Kevin De Bruyne on the Manchester City greats Etihad farewell. Marmoush let fly from around 30 yards (meters) to put City ahead in their 3-1 win against Bournemouth in the Premier League on Tuesday. The victory moved Pep Guardiolas team up to third in the standings and left Champions […]