Business Recorder

UDLI approves purchase of two DHA Karachi plots for Rs65mn

UDL International Limited (UDLI) announced on Thursday that it had approved the purchase of two open plots of land, measuring 100 square yards each, situated at DHA Phase 7 Extension, Karachi, for an aggregate consideration of Rs. 65.00 million (R…

#Karachi #DHA #RealEstate

Business Recorder

Army officers, soldiers, martyrs honoured with military awards

Pakistan Army officers, martyrs and soldiers were honoured with military awards at an investiture ceremony held at the General Headquarters (GHQ) in Rawalpindi on Thursday, the military’s media wing said. The Inter Services Public Relations (ISPR)…

#PakArmy #MilitaryAwards

Business Recorder

Weather dept forecasts heatwave during Eidul Adha holidays

The Pakistan Meteorological Department (PMD) on Thursday forecast heatwave conditions in the country during Eidul Adha holidays, starting on May 26. Pakistan announced on Wednesday a three-day public holiday to mark Eid-ul-Adha, from May 26 to 28….

#WeatherUpdate #Qurbani

Business Recorder

Pakistan plans tougher enforcement as FY27 tax target seen at Rs15.3tn, says brokerage house

With the budget for fiscal year 2026-27 (FY27) just around the corner, Pakistan’s tax collection target is likely to be set at around Rs15.3 trillion, reflecting an increase of nearly 14% compared to the downward revised target of Rs13.4 trillion …

#TaxTarget #Economy

Business Recorder

Gilgit-Baltistan moves closer to 5G launch

Gilgit-Baltistan has moved a step closer to the launch of 5G services after the federal government formally approved policy directives allowing telecom operators to begin test trials in the region. Gilgit-Baltistan’s Caretaker Minister for Informa…

#GilgitBaltistan #5GLaunch

Business Recorder

Gold per tola gains Rs5,000 in Pakistan

Gold prices in Pakistan increased on Thursday in line with their gain in the international market. In the local market, gold price per tola reached Rs475,362 after a gain of Rs5,000 during the day. Similarly, 10-gram gold was sold at Rs407,546 aft…

#GoldPrice #Economy

Business Recorder

Dropped Azmoun asserts his love of Iran, backs World Cup squad

Dropped Iran striker Sardar Azmoun has posted a heartfelt message on social media proclaiming his love for his country and wishing the World Cup squad well at the tournament without him. Azmoun, who ​is his country’s second-leading scorer of all t…

#SardarAzmoun #Football #Iran

Business Recorder

South African rand dips as investors monitor US-Iran talks, mull inflation spike

JOHANNESBURG: The South African rand edged lower in early trade on Thursday, with cautious traders tracking US-Iran ​peace talks while digesting domestic data which showed ‌a spike in April inflation as the effects of the war fed through into pric…

#SouthAfrica #IranUS #Economy

Business Recorder

Veteran Pandey adding value to Kolkata’s IPL campaign, says Watson

Manish Pandey helped Kolkata Knight Riders to a four-wicket win over Mumbai Indians in the Indian Premier League on Wednesday, with assistant ​coach Shane Watson saying the performance underlined the 36-year-old’s value ‌to the side. Chasing 147, …

#ManishPandey #ShaneWatson #Cricket2024

Business Recorder

Pandya docked match fees as Mumbai woes persist

Mumbai Indians captain Hardik Pandya has been fined 10% of his ​match fee and docked one demerit ‌point for breaching the IPL’s code of conduct, the league said on Thursday, after ​his side suffered a four-wicket ​loss to Kolkata Knight Riders. Th…

#HardikPandya #MumbaiIndians #Cricket2024