The rupee continued decline against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee failed to come out of the weakness versus the dollar, sliding 30 paisas for buying and selling at Rs 135.00 and Rs 135.30 res
The rupee continued decline against the dollar on the money market on Saturday in the process of trading, dealers said. The rupee failed to come out of the weakness versus the dollar, sliding 30 paisas for buying and selling at Rs 135.00 and Rs 135.30 res
International Islamic University, Islamabad (IIUI) is a unique hub of learning which in its 9 faculties, academies and institutes provides quality education integrated with teachings of Islam to the students of more than 40 countries.
International Islamic University, to pay tribute to renowned world leaders, has conferred honorary degrees on former President of South Africa Nelson Mandela, former Malaysian Prime Ministers Dr. Mahathir Bin Mohamad, Dato Seri Abdullah Haji Ahmad Badawi,
International Islamic University Islamabad has been playing a leading role for all universities of Pakistan, and it is a great seat of minds in need of true vision. As being the great hub of knowledge generation it's role is Celebratable.
International Islamic University Islamabad is successful in maintaining uniqueness of vision and distinction of educational character among myriad of 180 other universities in the country. It is empowering youth of Muslim world with unprecedented knowledg
The US government on Tuesday forecast world sugar production will fall about 9 million tonnes in 2018/19 to 185.9 million tonnes, while global consumption swells to new records. In its biannual report, the US Department of Agriculture (USDA) said the decl
Mauritius lowered its 2018 sugar output forecast for the second time in a month to 320,000 tonnes on Friday citing a weak harvest. The Chamber of Agriculture had lowered its forecast to 324,000 tonnes on November 6. "Climatic conditions have not been favo
Canada's federal government is considering a proposal from its main oil producing province of Alberta to share the cost of buying rail cars to move oil stuck in the region because of a lack of pipeline capacity, said two sources with direct knowledge of t
Talks to allow Argentine soyameal livestock feed to enter China are progressing at a slower-than-hoped pace amid bureaucratic issues, including Chinese demands to inspect local crushing plants, the head of Argentina's soya industry chamber said on Thursda
An improved crop outlook in Ukraine is expected to mostly offset lower output from the United States, with the International Grains Council on Thursday only slightly lowering its global corn production forecast for the 2018/19 season. In a monthly report,
China approved imports of barley and corn from Kazakhstan, the customs administration said on Friday, in a move aimed at diversifying the country's sources of grain shipments. The approval came the same week that China launched an anti-dumping probe into
The outlook for copper demand in the mid to long term remains healthy despite current trade friction between China and the United States as a renewable energy revolution will require vast amounts of the metal, industry executives said on Wednesday.
US farmers finishing their harvests are facing a big problem - where to put the mountain of grain they cannot sell to Chinese buyers. For Louisiana farmer Richard Fontenot and his neighbours, the solution was a costly one: Let the crops rot.
Taijul Islam claimed 6-33 as Bangladesh defeated West Indies by 64 runs on Saturday in the first match of their two-Test series. Chasing a target of 204 runs in Chittagong, West Indies stuttered from the start and were all out for 139 on the stroke of tea
Santiago Solari proved the perfect caretaker but his debut as permanent coach of Real Madrid on Saturday ended in a disastrous 3-0 defeat at Eibar. Four wins while in temporary charge earned Solari a contract until 2021 over the international break, only
Manchester City stormed to their eighth successive victory in all competitions as Leroy Sane's brace capped a ruthless 4-0 demolition of West Ham on Saturday. Pep Guardiola's side were in clinical form in east London as the champions maintained their unbe
Mitchell Starc was Saturday drafted into Australia's squad for their final Twenty20 against India in what could be his first short-format international in two years. The pace spearhead had been left out of the squad for their T20 games against South Afric
India's Mary Kom on Saturday became the most successful female boxer in world championships history after clinching her sixth gold medal in New Delhi. The 35 year-old beat Ukraine's Hanna Okhota 5-0 in the final of the 48kg category contest in front of an
Olympics chief Thomas Bach said Saturday he was impressed at the "great progress" made in the reconstruction of Fukushima, in a visit to the region devastated by the 2011 tsunami and nuclear disaster. Amid hopes that hosting events will help revive the re
Sri Lanka threw away a decent position in the final Test against England on Saturday, collapsing from 183 for 2 at tea to 240 all out as Adil Rashid and Ben Stokes skittled the hosts in Colombo. At the close of a rollercoaster second day England were thre
New five-time champion Lewis Hamilton smashed the lap record as he secured pole position at the Abu Dhabi Grand Prix and led team-mate Valtteri Bottas to Mercedes to another front-row lockout. In a scintillating performance, the Englishman clocked a best
Azhar Ali and Haris Sohail both hit gritty half-centuries but Pakistan were restricted by some tight New Zealand bowling and a lifeless pitch to 207-4 on the opening day of the second Test in Dubai on Saturday. Azhar and Sohail added 126 for the third wic
All Indian rice samples offered in Egypt's first international rice buying tender for 2018 have failed a cooking test required for approval of purchases, three trade sources with direct knowledge of the matter said on Thursday. All Chinese rice samples we
Recent dollar's surge versus the rupee propelled mills to keep buying on the cotton market on Saturday in the process of trading, dealers said. The official spot rate was unchanged at Rs 8,800, they added. Prices of seed cotton in Sindh were at Rs 3000-40
A vessel is due to call at the northern French port of Dunkirk this week to load wheat would be the first cargo of French wheat for China in nearly five years, shipping data showed on Thursday. The Kypros Bravery, a panamax-sized bulk carrier, is schedule
Brazil is having its best-ever start to a grain crop and soyabean output could be as high as 129 million tonnes in 2018/19, depending on the weather and the adequate use of inputs, consultancy Agroconsult said on Thursday.
Foreign investors in China's onshore bond market will be exempt from taxes for the next three years, China's Ministry of Finance said Thursday. The ministry said the tax exemptions on profits from earned interest income went into effect on November 7, 201
Foreign investors in China's onshore bond market will be exempt from taxes for the next three years, China's Ministry of Finance said Thursday. The ministry said the tax exemptions on profits from earned interest income went into effect on November 7, 201
United Arab Emirates-based payments and foreign exchange company Finablr has hired JP Morgan and Barclays as global coordinators for its listing in the first half of 2019 on the London Stock Exchange, three sources told Reuters.
United Arab Emirates-based payments and foreign exchange company Finablr has hired JP Morgan and Barclays as global coordinators for its listing in the first half of 2019 on the London Stock Exchange, three sources told Reuters.
Shares of cash-rich firms in Asia have weathered this year's sell-off in much better shape than key stock indexes, a Reuters analysis showed, reinforcing views that investments in companies with strong finances safeguard returns during market crises.
China's Babytree Group, a parenting website operator, has priced its Hong Kong IPO at the bottom of a marketing range, people close to the deal said, reducing its valuation and implying a 'down round' for investor Alibaba Group Holding Ltd. Babytree will
Redemptions from technology stocks totalled $1.5 billion in the past week, the biggest since February 2015, Bank of America Merrill Lynch said on Thursday, citing data from EPFR Global. The outflows from funds dedicated to tech shares came as a rout on Wa
Wall Street stocks were experiencing another rocky session on Tuesday, with technology shares especially volatile, as worries about higher interest rates and trade conflict threatened the multi-year bull market. Near midday, major US indices were all firm
The Mexican peso and the Brazilian real weakened against a stronger dollar on Friday with Latin American currencies on pace to clock weekly losses amid risk aversion due to uncertainties about global growth and trade.
The Canadian dollar weakened against its US counterpart on Friday, as a further slide in the price of oil offset domestic data showing above-target inflation and increased retail sales. Canada's annual inflation rate remained above the central bank's targ
French tobacco shops, where people go to buy lottery tickets and cigarettes, will start offering bitcoins to customers from early next year via a deal with a French fintech company Keplerk. Keplerk said it has secured a contract with a local cash register
Expected interest rate increases by the Czech central bank (CNB) should strengthen the crown more than 2 percent against the euro in the next 12 months, according to Reuters poll. The survey of 31 analysts predicted only minor changes for other Central Eu
The dollar rose on Friday, posting its biggest weekly percentage increase in a month, as risk appetite declined and investors sought the currency's safety following a steep drop in oil prices that suggested global growth is slowing. The safe-haven yen and
The days of London house price rises hugely outpacing inflation won't be returning anytime soon, even if Britain and the EU strike a Brexit deal, the vast majority of economists and analysts polled by Reuters said. Property values in the capital, long a h
Rising bond yields in Italy could eventually hurt the economy as banks could be discouraged from lending, European Central Bank supervisor Daniele Nouy told a newspaper on Saturday. The yield spread between Italian and German bonds has spiked to 300 basis
Rising bond yields in Italy could eventually hurt the economy as banks could be discouraged from lending, European Central Bank supervisor Daniele Nouy told a newspaper on Saturday. The yield spread between Italian and German bonds has spiked to 300 basis
S&P Global Ratings left South Africa's foreign-currency and local-currency credit ratings unchanged on Friday, citing weak economic growth and a rising debt burden as reasons for keeping the country in "junk" status. South African President Cyril Ramaphos
Egypt sees increasing interest from US energy companies in developing its offshore oil and natural gas resources and expects them to participate in two bidding rounds due before year-end, Petroleum Minister Tarek El Molla said. Egypt has emerged as an att
French drone specialist Parrot said Friday that it would cut around 100 jobs after its third-quarter sales slumped by 40 percent, putting a major dent in its revival plans. Parrot helped create the market for mass-market quadcopters in the late 2000s with
Donald Trump on Friday praised the work of his treasury secretary after a report said the president was dissatisfied with his pick and blames him for the appointment of a Federal Reserve chairman who has raised interest rates. "I am extremely happy and pr
A man was shot in the wrist after a fight at a crowded New Jersey mall on Black Friday, police said, sparking panic on the busiest shopping day of the year. It was not immediately clear what the motive behind the shooting was as the victim was refusing to
Taiwan's President Tsai Ing-wen resigned as leader of the ruling Democratic Progressive Party (DPP) Saturday after it suffered major defeats in key mid-term polls, a significant blow to her prospects for re-election in 2020. The Beijing-friendly main oppo
The Trump administration has reached a deal with Mexico's incoming government under which asylum seekers will wait in Mexico while their claims are assessed by US courts, The Washington Post reported Saturday. The deal, which would overhaul US border poli
Iranian President Hassan Rouhani urged Muslims worldwide on Saturday to unite against the United States and assured Saudis they were "brothers" who had nothing to fear from Tehran. US President Donald Trump abandoned a landmark 2015 nuclear deal between m
Tens of thousands of people rallied across Europe on Saturday against sexist violence, with more than 30,000 turning out in Paris, where a separate protest against rising fuel prices brought clashes. Anti-violence rallies across France drew around 50,000
A US soldier was killed in Afghanistan on Saturday, Nato said, taking the number of American service personnel to die in the war-torn country this year to nine. Nato's Resolute Support mission would not immediately release any details about the soldier -
Russian Foreign Minister Sergei Lavrov on Saturday mocked the "intellectual capacities" of Britain's army chief for calling Russia a bigger threat than the Islamic State group. "In regards to the words from Britain's chief of the general staff, we can't s
Continuing with its mission to disseminate scientific ideas and information, the College of Computer Science and Information Systems (CCSIS) at the Institute of Business Management (IoBM), Karachi organized its 12th consecutive International Conference on
Minister for defence production Zubaida Jalal has called upon the society to discourage negative attitudes and promote peace with an intention to encourage equality. She was addressing here exhibition of Seerah books and a two-day training workshop on "Re
Special Assistant to the PM for Overseas Pakistanis and Human Resource Development, Syed Zulfikar Bukhari has said that all possible facilities and conducive environment for business would be provided to foreign investors.
The Met Office has asked the farmers to follow harvesting peanut crop after plucking cotton and plow the field properly. It warned that contaminated cotton receives cheap rates, saying that quality and clean production is always costlier on the market. It
Special Assistant to Prime Minister on Accountability Shehzad Akbar on Saturday met with United Arab Emirates Minister of Justice and discussed matters related to recovery of unlawful wealth of the Pakistanis in the UAE. In his tweet, PM's special assista
Sugarcane growers in Khyber Pakhtunkhwa have warned that they will stage protest outside provincial assembly building in Peshawar and block main Indus highway on November 29, if the crushing season was not start forthwith in the province.
The Human Resources Committee of the World Bank Board has elected Pakistan's Executive Director Shahid Ashraf Tarar as its chairman for a period of two years. This follows Tarar's recent election by the seven countries comprising Pakistan's constituency t
President of Site Association of Industry (SAI), Saleem Parekh, has demanded of the government to revamp or handover management of Sindh Industrial Trading Estate (SITE) Limited to the Site Association. Addressing a joint press conference with Zubair Moti
Sindh High Court (SHC) has issued notices to provincial government and Pakistan Minerals Development Corporation (PMDC) in a petition related to refusal of renewing the mining lease by the former to the latter. A division bench of SHC headed by Justice Ha
Sindh High Court (SHC) has issued notices to provincial government and Pakistan Minerals Development Corporation (PMDC) in a petition related to refusal of renewing the mining lease by the former to the latter. A division bench of SHC headed by Justice Ha
Prices of essential kitchen items witnessed a reduction during this week as compared to the preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that during the week under review, prices of most of
National Accountability Bureau (NAB) has summoned three railway officials on November 26 in a scandal regarding purchase of expensive train engines. According to details, the officials have alleged former minister Khawaja Saad Rafique of assistance in thi
The Anti-Encroachment Cell of Karachi Metropolitan (KMC) on Saturday stated in its report that 1,194 illegal shops were demolished in different districts of the city during last six days. This it said in a report to Commissioner Karachi. The report stated
The provincial government of Khyber Pakhtunkhwa Saturday approved the establishment of three new shelter homes in the provincial metropolis Peshawar and rehabilitation of the already existing Sarais/shelter homes in the province.
Chief of Jamaat-e-Islami, Pakistan, Senator Siraj ul Haq, has said that the entire nation would have to stand united to wipe out terrorism and lawlessness. He was talking to the media after addressing JI ijtema at Mianwali on Saturday. JI members and work
Inspector General of Police (IGP) Sindh Kaleem Imam on Saturday met families of the two policemen who sacrificed their lives while foiling the terrorist attack on the Chinese consulate in Karachi. As per details, IGP Sindh, Kaleem Imam along with SSP Sout
Pakistan has reiterated its commitment of backing United Nations (UN) initiatives aimed at improving peacekeeping missions in various parts of the world. Speaking in a debate under the head of "Peace and Security In Africa" at the UN Security Council, Pak
The International Centre for Integrated Mountain Development (ICIMOD) under its SERVIR Hindu Kush Himalaya (SERVIR-HKH) and Climate Services for Resilient Development (CSRD) initiatives are collaborating with the meteorological and agricultural institutio
The Pakistan Water and Power Development Authority (WAPDA) successfully carried out simultaneous load rejection test of all three units of Tarbela 4th Extension Hydropower project. The test was conducted at the load of about 1100MW under the supervision o
The project of excise and taxation facilitation centre to provide tax solutions under one roof is in doldrums due to non-induction of staff and non-payment of rents for the buildings, said sources.
The Chief Minister of the Indian state of Punjab, Amarinder Singh, has invited Speaker of the Punjab Assembly Chaudhry Parvez Elahi to visit India. Parvez Elahi welcomed the invitation but invited Amarinder Singh to first visit Pakistan. Elahi has invited
Oil and gas exploration and production (E&P) companies have projected to drill 90 wells in four provinces in the current fiscal year, sources in Petroleum Division said. The companies have decided to drill 50 exploratory and 40 development wells in a bid
The Punjab cabinet has approved Labour Policy 2018. Occupational Safety and Health (OSH) is one of the main features of the draft Labour Policy 2018 of the Punjab government. According to labour policy draft "No compromise will be made on health and safet
Chief Commissioner Inland Revenue (IR) Muhammad Tariq has said that income tax clause of 214D has been converted into 214E under amended finance Bill of 2018-19, providing an opportunity to the tax payers to show 32 percent enhancement in their taxable in
An aircraft of Pakistan International Airlines (PIA) has collided with another aircraft of private airline while testing in hanger at Karachi. According to details, ATR aircraft of PIA, parked in hanger for maintenance, hit another aircraft of private air
The Punjab Health Department on Saturday approved in principle the 'Pilot Health Programme' for school going children which will initially be launched at 12 selected government schools. While chairing a meeting here on Saturday, Punjab Health Minister Dr
The Punjab Chief Minister Sardar Usman Buzdar on Saturday said the Prime Minister Imran Khan is materializing the dream of the creators of Pakistan; downtrodden will get their rights in new Pakistan for which extensive work is continuing and "our captain
A delegation of the Lahore Chamber of Commerce and Industry (LCCI) has planned to visit five countries to explore trade and investment opportunities. LCCI President Almas Hyder stated this while addressing a 27-member delegation of foreign diplomats from
Federal Minister for Railways Sheikh Rasheed Ahmed on Saturday termed that the ML-I upgrade plan a backbone of the CPEC project and said that the PR was also keen on engaging the Chinese to upgrade its strategic Mainline II and III tracks. He further said