News Archives for Print - 2018-10-21

Currency

Your rupee last quarter

Following currency fluctuations took place in foreign exchange rates during the last quarter. (July 3 to September 28, 2018).

Published 21 Oct, 2018 12:00am

The Weather

The weather report on Saturday (October 20, 2018) and the forecast for Sunday (October 21, 2018).

Published 21 Oct, 2018 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (October 20, 2018)

Published 21 Oct, 2018 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Currency

THE RUPEE: gives up early gains

The rupee failed to maintain overnight gains against the dollar on the currency market on Saturday in process of trading activity, dealers said. The rupee lost 50 paisas in relation to the dollar for buying and selling at Rs 133.20 and Rs 134.20, they sai

Published 21 Oct, 2018 12:00am

Currency

THE RUPEE: gives up early gains

The rupee failed to maintain overnight gains against the dollar on the currency market on Saturday in process of trading activity, dealers said. The rupee lost 50 paisas in relation to the dollar for buying and selling at Rs 133.20 and Rs 134.20, they sai

Published 21 Oct, 2018 12:00am

Member to Member

The following transactions member to member subsequently reported on Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (October 20, 2018).

Published 21 Oct, 2018 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 21 Oct, 2018 12:00am

Gulf Arab economies to accelerate modestly through 2020

Gulf Arab economies are likely to accelerate over the next couple of years as governments boost spending, but growth will not return to the boom levels enjoyed before oil prices plunged in 2014, a quarterly Reuters poll of economists found.

Published 21 Oct, 2018 12:00am

J.P Morgan Chase to build 'fintech' campus in Silicon Valley

J.P. Morgan Chase announced Friday that it will open a new campus for financial technology, or "fintech," in Silicon Valley in 2020, staffed by more than 1,000 workers. The New York-based financial giant, the biggest US bank by assets, will build the new

Published 21 Oct, 2018 12:00am

J.P Morgan Chase to build 'fintech' campus in Silicon Valley

J.P. Morgan Chase announced Friday that it will open a new campus for financial technology, or "fintech," in Silicon Valley in 2020, staffed by more than 1,000 workers. The New York-based financial giant, the biggest US bank by assets, will build the new

Published 21 Oct, 2018 12:00am

Google to charge Android partners up to $40 per device for apps

Alphabet Inc's Google will charge hardware firms up to $40 per device to use its apps under a new licensing system to replace one that the European Union this year deemed anti-competitive, a person familiar with the matter said on Friday. The new fee goes

Published 21 Oct, 2018 12:00am

US Mega Millions jackpot hits $1.6 billion after no winners

Scores of American lottery players were disappointed they hadn't become an overnight billionaire Saturday - but they'll get another chance to scoop the jackpot, with $1.6 billion up for grabs in a few days. The prize for Friday's Mega Millions contest had

Published 21 Oct, 2018 12:00am

Italy's Salvini dismisses ratings downgrade, says outlook 'stable'

Interior Minister Matteo Salvini on Saturday dismissed ratings agency Moody's decision to downgrade Italy's credit standing because of the government's controversial budget plans and said the country's outlook was "stable."

Published 21 Oct, 2018 12:00am

Italy's Salvini dismisses ratings downgrade, says outlook 'stable'

Interior Minister Matteo Salvini on Saturday dismissed ratings agency Moody's decision to downgrade Italy's credit standing because of the government's controversial budget plans and said the country's outlook was "stable."

Published 21 Oct, 2018 12:00am

Iraqi minister reverses state oil company ownership transfer

Iraqi Oil Minister Jabar al-Luaibi has reversed his decision to transfer the ownership of nine state-owned oil companies from the ministry to the newly formed National Oil Company, the ministry said on Saturday. The move would enable the incoming governme

Published 21 Oct, 2018 12:00am

China's new home price gains led by smaller cities

China's new home prices increased at a firm pace in September, supported by gains in smaller cities and showing the market remained resilient despite pressures from softer investment, a slowing economy and government curbs on the sector. Average new home

Published 21 Oct, 2018 12:00am

Expanding ethanol sales would have limited US market impact

The Trump administration's plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed US ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said. Presiden

Published 21 Oct, 2018 12:00am

HKEX's mainland China commodity trade platform opens

A Shenzhen-based commodity exchange controlled by Hong Kong Exchanges and Clearing unexpectedly began spot trading on Friday, giving the HKEX much-coveted access to mainland China's market. The launch of Qianhai Mercantile Exchange (QME), located just 50

Published 21 Oct, 2018 12:00am

North American Q3 cocoa grind strongest in four years

North American cocoa grindings increased for the third quarter of 2018 from a year earlier, surprising forecasters with the strongest quarterly grind since 2014, according to data from the National Confectioners Association (NCA) on Thursday. Companies in

Published 21 Oct, 2018 12:00am

Copper smelter hits cause physical squeeze in Asia

The copper market is currently experiencing a squeeze on physical metal. This is unexpected. The London Metal Exchange (LME) price is treading water just above the $6,000 level, struggling to fend off bearish macro funds. Mine supply is doing just fine wi

Published 21 Oct, 2018 12:00am

CBOT soyabean futures fall over two percent

Chicago Board of Trade soyabean futures fell more than 2 percent on Thursday, pressured by disappointing weekly US export sales data and improving harvest weather in the US Midwest, traders said. CBOT November soyabeans settled down 22-1/4 cents at $8.63-

Published 21 Oct, 2018 12:00am

Chinese rebar steel futures fall

Chinese rebar steel futures dropped more than 1 percent to pull back from five-week highs on Thursday as steel producers in China's top steel-making city of Tangshan boost output despite the start of its winter pollution restrictions two weeks ago.

Published 21 Oct, 2018 12:00am

Cotton

Volume of business falls on cotton market

Volume of business came down on the cotton market on Saturday as some leading mills kept on the sideline due to less buying interest, dealers said. The official spot rate was unchanged at Rs 8900, they added. Prices of seed cotton in Sindh were at Rs 3800

Published 21 Oct, 2018 12:00am

Libor

US LIBOR posts biggest weekly rise

A key measure of inter-bank borrowing costs rose on Friday, resulting in its biggest weekly increase since March, as traders expect further interest rate hikes from the Federal Reserve due to solid US economic growth. The London interbank offered rate for

Published 21 Oct, 2018 12:00am

Libor

US LIBOR posts biggest weekly rise

A key measure of inter-bank borrowing costs rose on Friday, resulting in its biggest weekly increase since March, as traders expect further interest rate hikes from the Federal Reserve due to solid US economic growth. The London interbank offered rate for

Published 21 Oct, 2018 12:00am

Mutual Funds

US fund investors pull most cash from bonds since February

US fund investors dumped bonds during a market rout in the latest week, at the fastest pace since February, Investment Company Institute (ICI) data showed on Wednesday. More than $7.1 billion dropped out of US-based bond mutual funds and exchange-traded f

Published 21 Oct, 2018 12:00am

Mutual Funds

US fund investors pull most cash from bonds since February

US fund investors dumped bonds during a market rout in the latest week, at the fastest pace since February, Investment Company Institute (ICI) data showed on Wednesday. More than $7.1 billion dropped out of US-based bond mutual funds and exchange-traded f

Published 21 Oct, 2018 12:00am

Foreigners turn net sellers of Japanese stocks

Foreigners turned net sellers of Japanese stocks in the week ended October 12, as concerns over rising US yields triggered a broad sell-off in equities across the world. Last week, overseas investors sold a net 1.83 trillion yen ($16.26 billion) worth of

Published 21 Oct, 2018 12:00am

Mexico IPO woes grow after Mifel pulls listing

Mexico's Grupo Financiero Mifel has postponed the initial public offering it hoped to close on Wednesday, three sources with knowledge of the deal said, the second highly anticipated listing canceled this week in a gloomy sign for the country's capital ma

Published 21 Oct, 2018 12:00am

Mexico IPO woes grow after Mifel pulls listing

Mexico's Grupo Financiero Mifel has postponed the initial public offering it hoped to close on Wednesday, three sources with knowledge of the deal said, the second highly anticipated listing canceled this week in a gloomy sign for the country's capital ma

Published 21 Oct, 2018 12:00am

Bear market deepens as investors pull $16 billion from equities

Bearish traders' grip on global markets tightened this week with massive outflows from equities and bonds while investors reached for cash and less risky stocks, Bank of America Merrill Lynch strategists said on Friday.

Published 21 Oct, 2018 12:00am

Bear market deepens as investors pull $16 billion from equities

Bearish traders' grip on global markets tightened this week with massive outflows from equities and bonds while investors reached for cash and less risky stocks, Bank of America Merrill Lynch strategists said on Friday.

Published 21 Oct, 2018 12:00am

Italian bond yields fall across the curve

Italy's government bond yields fell from 4-1/2 year highs and its stock market rallied on Friday after European Economic Affairs Commissioner Pierre Moscovici said he wanted to reduce tensions with Italy over the country's contentious budget plans.

Published 21 Oct, 2018 12:00am

Italian bond yields fall across the curve

Italy's government bond yields fell from 4-1/2 year highs and its stock market rallied on Friday after European Economic Affairs Commissioner Pierre Moscovici said he wanted to reduce tensions with Italy over the country's contentious budget plans.

Published 21 Oct, 2018 12:00am

S&P falls on interest rate, trade concerns; P&G lifts Dow

The US benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter & Gamble Co were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth. Shares of Procter & Gamble jumped 8.

Published 21 Oct, 2018 12:00am

Currency

African currencies week ahead: Kenyan and Tanzanian shillings to hold steady, Ghana's cedi to strengthen

The Kenyan and Tanzanian shillings are expected to hold steady in the next week to Thursday, while Ghana's cedi and the Ugandan shilling are seen strengthening, traders said.

Published 21 Oct, 2018 12:00am

Currency

Emerging market currencies at their most undervalued ever

A record number of investors think emerging market currencies are undervalued, Bank of America Merrill Lynch's October fund manager survey found on Tuesday. Crumbling under pressure from the strong dollar, along with crises in Turkey and Argentina, develo

Published 21 Oct, 2018 12:00am

Currency

Canadian dollar hits five-week low

The Canadian dollar weakened to its lowest in more than five weeks against the greenback on Friday after domestic data showing a slowdown in inflation suggested the Bank of Canada would be unlikely to speed up the pace of interest rate hikes.

Published 21 Oct, 2018 12:00am

Currency

Short positions on most Asian units drop; dollar momentum seen waning

Short positions on most Asian currencies were seen unwinding over the past two weeks, a Reuters poll showed on Thursday, with traders turning sceptical of the dollar's bull run after US retail sales data came in below expectations.

Published 21 Oct, 2018 12:00am

Speculators shrink net long dollar bets

Speculators' net long bets on the US dollar shrank in the latest week, to be slightly down from a 22-month high hit in the prior period, according to calculations by Reuters and the Commodity Futures Trading Commission released on Friday.

Published 21 Oct, 2018 12:00am

Currency

Euro, sterling gain on Brexit, Italy worries

The euro and British pound rallied against the US dollar on Friday after Bloomberg News reported that British Prime Minister Theresa May is ready to drop a key Brexit demand in order to make a deal for Britain to leave the European Union (EU).

Published 21 Oct, 2018 12:00am

Water & Energy Expo to be held on October 24

The 3rd Pak Water & Energy Expo 2018, the largest and most extensive global water trade event showcasing in Pakistan is being held on October 24-25, 2018 here at Lahore Expo Centre. The purpose of organizing Pak Water Expo is not only to gather all the re

Published 21 Oct, 2018 12:00am

LDA's anti-encroachment drive: land worth Rs 16 billion retrieved

The Lahore Development Authority (LDA) continued with its anti-encroachment drive in the city on Saturday. Under the drive, LDA staff demolished a house and sealed five properties after declaring them illegal. It may be noted that the LDA had already serv

Published 21 Oct, 2018 12:00am

Government urged not to cut provinces' share in NFC award

Secretary General, Jamaat e Islami, Liaqat Baloch, has stressed upon the government not to cut provinces' share in the National Financial Commission Award as it would be infringement of their rights.

Published 21 Oct, 2018 12:00am

No room for corrupt elements in Punjab, says Punjab CM

The Punjab Chief Minister Sardar Usman Buzdar on Saturday said the PTI government has started working to change the rotten system and reforms are being introduced in government departments to provide relief to the people. He said this while talking to Haj

Published 21 Oct, 2018 12:00am

Colombian military copter crashes, killing four

A Colombian military helicopter crashed on Saturday after conducting an operation against drug traffickers, killing all four crew members, officials announced. Defense Minister Guillermo Botero, in a Twitter message, identified the dead as Major Pedro Gra

Published 21 Oct, 2018 12:00am

Tens of thousands rally for Taiwan independence vote

Tens of thousands of Taiwan independence campaigners took to the streets Saturday for a major rally that is a rebuke to Beijing and a challenge to the island's already embattled government. The protest in central Taipei came as China increasingly pushes i

Published 21 Oct, 2018 12:00am

Russia says kills 88,000 Syria rebels

Russia's defence minister said on Saturday that almost 88,000 rebels had been killed in Syria in the three years since Moscow's intervention to back government forces. "Over the course of the operation, a total of more than 87,500 rebels have been elimina

Published 21 Oct, 2018 12:00am

IS frees six Syria Druze women, children after three-month ordeal

The Islamic State group has released two women and four children among 27 surviving Druze hostages it seized during a deadly July attack on the minority community's heartland in southern Syria. State television broadcast footage of the six arriving in the

Published 21 Oct, 2018 12:00am

Kidnapped Tanzanian tycoon freed

Tanzanian tycoon Mohammed Dewji, who was kidnapped earlier this month, said Saturday he had been released and had returned home safely. "I thank Allah that I have returned home safe and sound," Dewji told a press conference in Dar es Salaam where he was a

Published 21 Oct, 2018 12:00am

BepiColombo spacecraft starts seven-year journey to Mercury

A European-Japanese spacecraft set off on a treacherous seven-year journey to Mercury to probe the solar system's smallest and least-explored planet. The BepiColombo mission, only the third ever to visit Mercury, blasted off from Europe's spaceport in Fre

Published 21 Oct, 2018 12:00am

Thousands of US-bound Honduran migrants stranded

Thousands of US-bound Honduran migrants remained stranded Saturday after spending the night on a border bridge between Guatemala and Mexico where riot police barred their progress. Honduran President Juan Orlando Hernandez said he would meet Saturday with

Published 21 Oct, 2018 12:00am

Punjab plans crackdown against power thieves

The Punjab government has decided to start a aggressive crackdown against power thieves across the province. On the direction of the federal minister for power "anti power theft drive" will begin in all districts of Punjab in the next week soon.

Published 21 Oct, 2018 12:00am

WHO offers technical support for developing HRH

World Health Organization (WHO) has offered technical support to the Punjab health department for development of human resource for health (HRH) and an expert of international repute Dr Mario Roberto Dal Paz would be assigned task to establish HRH Observa

Published 21 Oct, 2018 12:00am

Prices of essential kitchen items witness upward trend

Prices of essential kitchen items further witnessed an increase during this week past as compared to preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that during the week under review, prices of

Published 21 Oct, 2018 12:00am

PFC team to participate in Khartoum International fair

A delegation of Pakistan Furniture Council (PFC) will participate in Khartoum International Fair 2019 in Sudan starting from January 21-28 and showcase locally made traditional furniture items to attract foreign buyers and investors.

Published 21 Oct, 2018 12:00am

Affectees of BRT project: SCCI demands three years exemption from all provincial taxes

Sarhad Chamber of Commerce and Industry (SCCI) demanded of the government to grant exemption for three years from property, professional taxes and other levies to all the traders and industrialists of Peshawar who have been affected by mega Bus Rapid Tran

Published 21 Oct, 2018 12:00am

Non-crushing by Omni Group to destroy Sindh's sugarcane farmers: NBP informs SC

The crushing season starts in November and non-crushing by Omni Group sugar mills will destroy the sugarcane farmers in Sindh, while National Bank of Pakistan (NBP) and other banks will not be able to recover advances except by selling the plants, machine

Published 21 Oct, 2018 12:00am

Carjaking cases on the rise in Islamabad

The federal capital witnessed an alarming increase in incidents of auto theft and roobberies during the last week According to data gathered by Business Recorder, over 13 incidents of different kinds of theft, 12 cases of carjacking and one murder case we

Published 21 Oct, 2018 12:00am

MOL starts work on Mardankhel 3 gas pipeline project

After the successful commissioning of Mardankhel 2 Well, MOL Pakistan has started work on Mardankhel 3, another mega gas pipeline project in Hangu, Khyber Pakhtunkhwa, which is expected to significantly redress energy crisis in the country.

Published 21 Oct, 2018 12:00am

Pakistan calls for diplomatic solution of Palestine issue

At the United Nations, Pakistan has called for pursuing of diplomatic solutions to the violence-ravaged parts of the Middle East. Speaking in a debate on Middle East at Security Council in New York, Pakistan's Permanent Representative to the world body Dr

Published 21 Oct, 2018 12:00am

KATI voices concern over 48 hours gas 'holiday'

President of Korangi Association of Trade & Industry (KATI), Danish Khan has urged the Prime Minister Imran Khan, Finance Minister Asad Umer and Advisor for Finance and Industry Abdul Razzaq Dawood to take immediate notice of 48 hours gas "Holiday" in ind

Published 21 Oct, 2018 12:00am

JI demands forensic audit of K-E's affairs

The Jamaat-e-Islami (JI), Karachi Chapter on Saturday sought a judicial commission to probe the privatization and twice sale of K-Electric with broadening the investigation into last PML-government's intriguing ties with Abraj group.

Published 21 Oct, 2018 12:00am

Government seems clueless about economy: Bilawal

Reacting to the increase in gas prices, Chairman Pakistan People's Party (PPP) Bilawal Bhutto-Zardari said this government seems totally clueless about the economy. "This government has no sense of direction when it comes to the economy. Those who claimed

Published 21 Oct, 2018 12:00am

Medic booked for misbehaviour

Local police on Saturday registered a case against a woman for misbehaving with police personnel after she was inquired for not displaying number plate on her car. According to details, a woman identified as Dr Shehla was stopped by police for not display

Published 21 Oct, 2018 12:00am

PAAPAM for technology's upgradation through JVs

Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) stressed upon the need of creating synergy between countries with high end technologies to develop business partnerships in Pakistan. These views were expressed by the delegat

Published 21 Oct, 2018 12:00am

Sindh lags behind Punjab in provision of health services, says Professor Quraishy

Dow University of Health Sciences (DUHS) Vice chancellor Professor Saeed Quraishy has said that Sindh lags behind Punjab in health infrastructure and provision of health services to its people and called upon the private sector to join hands with the gove

Published 21 Oct, 2018 12:00am

Apna Ghar scheme: PBIF chief sees hurdles in construction of five million houses

President Pakistan Businessmen and Intellectual Forum (PBIF), Mian Zahid Hussain has expressed fear that the future of constructing 5 million houses through Apna Ghar scheme will be in danger if problems of construction sector has not been addressed and r

Published 21 Oct, 2018 12:00am

Government urged to revert decision of gas loadshedding

President, SITE Association of Industry (SAI), Saleem Parekh has urged the government to revert the decision of gas load shedding so that industrial production continues without any hurdle which is in the larger interest of the country.

Published 21 Oct, 2018 12:00am

Karachiites suffer major power breakdown

A major power breakdown hit the metropolis on Saturday as the national grid's transmission line tripped. A K-Electric spokesperson said, "Supply to the city is affected following tripping in transmission line of national grid. The sudden disruption in sup

Published 21 Oct, 2018 12:00am

NAB initiates Nandipur project's investigation

The National Accountability Bureau (NAB) has initiated investigation of Nandipur Project for its completion cost escalating to Rs 58 billion from Rs 22 billion, said sources. They said NAB has also summoned employees of Chinese firms involved in the const

Published 21 Oct, 2018 12:00am

Saddened to learn of train accident in India, says Imran

Prime Minister Imran Khan on Saturday said he was 'saddened' to learn of a train accident in India's Amritsar which claimed around 60 lives. "Saddened to learn of the tragic train accident in Amritsar, India. Condolences go to the families of the deceased

Published 21 Oct, 2018 12:00am

FBR reshuffles 19 IRS officials

The Federal Board of Revenue (FBR) has transferred and posted 19 officials (BS-17 to BS-20) of Inland Revenue Service (IRS) with immediate effect. In this regard, the FBR has issued two notifications here on Saturday. According to a notification, transfer

Published 21 Oct, 2018 12:00am

Model Town case: PAT requests SC to summon Nawaz, other PML-N leaders

Pakistan Awami Tehreek (PAT) on Saturday approached the Supreme Court of Pakistan, challenging the Lahore High Court's verdict regarding rejection of nomination of Sharif brothers in the Model Town case investigation. A larger bench of the LHC had rejecte

Published 21 Oct, 2018 12:00am

HEC wants 20 percent raise in budget to avert financial crisis

The Commission of Higher Education Commission (HEC) Saturday took several decisions including revision of financial, administrative, quality and plagiarism rules for universities, aimed at restoring the standard of higher education and getting rid of blac

Published 21 Oct, 2018 12:00am

'Proud to serve' new slogan of Sindh police

As part of structural reforms, Sindh Police will now have new slogan namely "Proud to serve" for police force across the province. The decision was taken in a meeting called at the Central Police Office on Saturday, which was chaired by IG Sindh Police, K

Published 21 Oct, 2018 12:00am

Zulfi Bukhari moves IHC for removing name from ECL

Prime Minister's special assistant on overseas Pakistanis and human resource development Zulfiqar Hussain Bukhari, aka Zulfi Bukhari, has submitted an application in the Islamabad High Court (IHC) for removal of his name from the Exit Control List (ECL).

Published 21 Oct, 2018 12:00am

Kirmani accuses PTI government of pursuing anti-people policies

Senior Pakistan Muslim League-Nawaz (PML-N) leader Senator Asif Kirmani on Saturday alleged that Finance Minister Asad Umar is wreaking havoc on the country's economy and also feared a tsunami of price hike in days to come. In a statement, the PML-N senat

Published 21 Oct, 2018 12:00am

Workshop on safe usage of pesticides held

Pakistan Agriculture Technology Transfer Activity (PATTA) organised a one-day training workshop on "Safe use of pesticides" for the capacity building of those imparting technical know-how to the growers and other stakeholders of the farming sector. Model

Published 21 Oct, 2018 12:00am

Tracking system to be installed in locomotives: minister

Federal Minister for Railways Sheikh Rasheed has claimed that "there is an increase of Rs 1 billion in Railways earnings in the first fifty days of government." While addressing a press conference here on Saturday at Railway headquarters he further claime

Published 21 Oct, 2018 12:00am

By-poll on Karachi's NA seat vacated by Alvi today

By-elections to National Assembly and Sindh Assembly for two vacant seats from Karachi NA-247 (South-II) and PS-111 (South-V) will be held today. The seats fell vacant due to election of Arif Alvi as President of Pakistan and appointment of Imran Ismail a

Published 21 Oct, 2018 12:00am

Brazil front-runner's privatisation vows 'unclear' but favoured over rival's

Investors in Brazil are cheered by the prospect of far-right presidential candidate Jair Bolsonaro winning power because of his privatization promises that - though still unclear - are regarded far more favorably than the status quo offered by his leftist

Published 21 Oct, 2018 12:00am

Ailing energy sector - I

The government has gone out of the way to provide heavily subsidised gas supply to exporters of five zero-rated sectors, but is the industry really responding to the challenge to bring real growth by a large margin and at reduced costs?

Published 21 Oct, 2018 12:00am

Despite talk of equality, women bosses still rare in the US

This year was touted as the year of women in politics in the United States, but in the business world, female bosses remain few and far between. And some warn the situation is unlikely to improve with men unwilling to play the role of mentor to younger fe

Published 21 Oct, 2018 12:00am

Infrastructure development: Environmental impact

The role of infrastructure impacting economic growth and welfare has been studied across literature intensely during the past three decades. The post-World War II, reconstruction gave us a model where governments used to invest in economies so that an ena

Published 21 Oct, 2018 12:00am

Military courts

After three days of in-camera hearings, on Thursday a two-member bench of the Peshawar High Court (PHC) announced a short order, setting aside convictions by military courts of as many as 74 terrorism accused, majority of whom faced death sentences. Since

Published 21 Oct, 2018 12:00am

Population explosion a ticking time bomb

The world population is growing and it is growing at a rate which is likely to outstrip its development gains. Pakistan is no exception to this possibility, all the more for its population explosion. Think of the 'progress' we as a nation have made in thi

Published 21 Oct, 2018 12:00am

Tens of thousands rally in London for new Brexit vote

Tens of thousands of people opposed to Britain's looming breakup with the EU rallied in the heart of London on Saturday, according to organisers, in the latest bid to try and stop Brexit. The march on parliament began as a noisy and festive affair, unitin

Published 21 Oct, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17

Item	Value
Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,669.46
Cotton US¢/pound / Nov 21	70.43
Petrol/Litre / Nov 22	248.38

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Most Popular