Business Recorder
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Business Recorder
ICC rates Gaddafi, Lord’s pitches as ‘unsatisfactory’
The International Cricket Council (ICC) has rated the pitches used for the third One-Day International between Pakistan and Australia at Gaddafi Stadium and the first Test between England and New Zealand at Lord’s as “unsatisfactory”, awarding one…
#Lahore #GaddafiStadium #ICC
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Business Recorder
Soldier martyred, 14 terrorists killed in Balochistan operation: ISPR
Security forces killed 14 terrorists linked to the Indian proxy group “Fitna al Hindustan” during an intelligence-based operation (IBO) in Balochistan’s Basima area, while a soldier embraced martyrdom during the exchange of fire, the military’s me…
#Balochistan #ISI
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Business Recorder
India’s gold tariff hike fuels smuggling revival, squeezes banks and refiners
MUMBAI: India’s sharp increase in gold import tariffs is fuelling a resurgence in smuggling that could exceed 100 metric tons this year, as soaring grey market margins allow smugglers to undercut banks and refiners of the precious metal, industry …
#OilPrices #Gold
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Business Recorder
Bahrain National Guard commander meets Pakistan military leadership, discusses defence cooperation
Commander of the Bahrain National Guard, H.H. General Shaikh Mohammad Bin Isa Bin Salman Al Khalifa, called on Field Marshal Syed Asim Munir at the General Headquarters (GHQ) in Rawalpindi on Tuesday, with both sides discussing regional security a…
#Bahrain #DefenseCooperation
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Business Recorder
US stocks rise as oil prices pull back
NEW YORK: Wall Street stocks bounced early Tuesday behind gains in tech shares as oil prices retreated after US President Donald Trump again said an Iran peace deal could be close. Crude prices were down more than two percent after Trump said a pe…
#WallStreet #OilPrices #FuelCrisis
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Business Recorder
PM Shehbaz consults agriculture stakeholders ahead of budget, announces reform push
Prime Minister Shehbaz Sharif on Monday held a meeting with key stakeholders from Pakistan’s agriculture sector ahead of the federal budget for fiscal year 2026-27, seeking recommendations to accelerate growth and unlock the sector’s economic pote…
#ShehbazSharif
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Business Recorder
India’s opposition urges government to absorb oil price shock, warns on growth
NEW DELHI: India’s main opposition Congress party urged the government on Tuesday to absorb higher crude oil costs rather than pass them on to consumers, saying that rising prices of fuel and essential goods would hurt demand and slow economic gro…
#India #OilPrices
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Business Recorder
India’s fertiliser ministry seeks to double subsidy fund as cost of Iran war mounts
NEW DELHI: India’s fertiliser ministry has sought to double its budgeted subsidy fund for the current fiscal year amid a global price rally, a government official said, as the South Asian nation increasingly counts the mounting cost of the Iran wa…
#India #Iran
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Business Recorder
India 10-year bond logs best close in 7 weeks as oil prices ease
MUMBAI: India’s 10-year government bond closed at its highest in seven weeks on Tuesday, as a decline in crude oil prices enhanced the appeal of Indian debt, building on positive momentum from Friday’s central bank measures aimed at boosting forei…
#India #OilPrices
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Business Recorder
Rupee registers gain against US dollar
The Pakistani rupee gained against the US dollar, appreciating 0.01% in the inter-bank market on Tuesday. At close, the local currency settled at 278.37, a gain of Re0.03 against the greenback. On Monday , the local unit closed at 278.40. Meanwhil…
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