Business Recorder

Punjab bans dumping offal, pigeon flying near airports, airbases under Section 144

The Punjab government has imposed Section 144 across the province to secure all Pakistan Air Force (PAF) airbases and commercial airports for 30 days. The Punjab Home Department through a notification imposed the Section 144 within a 13-kilometer …

#Punjab #Section144

Business Recorder

Copper retreats on slow progress of U.S.-Iran peace efforts

LONDON: Copper prices eased on Thursday, weighed down by concern over slow progress by the U.S. and Iran in forging a peace deal and the risk of weaker metals demand from a prolonged conflict. Benchmark three-month copper on the London Metal Excha…

#Copper #US #Iran

Business Recorder

Palm drops over 2% as weak export demand, crude oil

JAKARTA: Malaysian palm oil futures closed more than 2% lower on Thursday, extending losses to a second straight session, as sluggish export demand and weaker crude oil prices also pressured the market. The benchmark palm oil contract for August d…

#OilAndGas

Business Recorder

WeWork India posts higher quarterly profit as flexible workspace demand surges

WeWork India Management reported a 79.5% year-on-year rise in fourth-quarter profit on Thursday, driven by strong demand from enterprise clients and higher occupancy. The flexible workspace provider posted a net profit of 655.5 million rupees ($6….

#WeWork #India

Business Recorder

Indian shares finish flat as Middle East uncertainty drags on

India’s equity benchmarks finished flat on Thursday on subdued market sentiment after a rebound in oil prices rekindled concerns over inflation for crude-importing India, with earnings-led gains from specific companies limiting losses. The Nifty 5…

#Mumbai #StockMarket

Business Recorder

Indian rupee shored up by firm central bank intervention but oil risks linger

MUMBAI: The Indian rupee rose on Thursday, its first day of gains in two weeks, after the central bank shored up the currency through firm intervention, while a media report that policy options including a potential rate hike are being weighed for…

#IndianRupee #OilAndGas

Business Recorder

Rupee gains further ground against US dollar

Rupee’s Performance Against US Dollar Since 04 March 2025 The Pakistani rupee posted marginal gain against the US dollar in the inter-bank market on Thursday. At close, the local currency settled at 278.55, a gain of Re0.01 against the greenback. …

#Rupee #USDollar

Business Recorder

India hiring tilts toward contracts as AI prompts workforce rethink, TeamLease says

Indian companies are increasingly turning to contract and outsourced hiring as AI related uncertainty has firms rethinking their workforce planning, a top executive at staffing firm TeamLease Services said on Thursday. Firms across sectors are slo…

#India #ArtificialIntelligence

Business Recorder

India, Africa Union postpone New Delhi summit amid Ebola outbreak

NEW DELHI: India and the African Union (AU) have decided to postpone the India-Africa Forum Summit scheduled to be held next week in New Delhi, due to the “emerging public health situation” in Africa, India’s foreign ministry said on Thursday, in …

#NewDelhi #Ebola

Business Recorder

PSX raises Rs76.3bn for Ministry of Finance in sixth Hybrid Sukuk auction

Pakistan Stock Exchange Limited (PSX) successfully raised Rs76.29 billion for the Ministry of Finance through the 6th Auction of Government of Pakistan Hybrid Sukuk (GHS) held on May 20, 2026. According to a statement, Meezan Bank played a leading…

#PSX #SukukAuction