News Archives for Print - 2019-03-17

The Weather

The weather report on Saturday (March 16, 2019) and the forecast for Sunday (March 17, 2019).

Published 17 Mar, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 16, 2019)

Published 17 Mar, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

Currency

THE RUPEE: further decline

The rupee failed resist slide against the dollar on the money market on Saturday in the process of trading activity, dealers said.

Published 17 Mar, 2019 12:00am

Currency

THE RUPEE: further decline

The rupee failed resist slide against the dollar on the money market on Saturday in the process of trading activity, dealers said.

Published 17 Mar, 2019 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (March 16, 2019).

Published 17 Mar, 2019 12:00am

Aaj TV - Sunday's schedule

All timings are in PST (Pakistan Standard Time).

Published 17 Mar, 2019 12:00am

French spring barley sowing almost over after balmy weather

French farmers are on the verge of finishing spring barley sowing after a brisk campaign, farming agency FranceAgriMer said on Friday, illustrating the effects of an exceptionally warm spell in Europe last month. In a weekly cereal crop report, FranceAgri

Published 17 Mar, 2019 12:00am

Surprise Black Sea wheat sales to Asia curb US export prospects

Black Sea wheat exporters are boosting sales to Asia from the crop harvested last July in a surprise move, denting demand for US shipments which were expected to pick up in the second quarter of this year. The benchmark Chicago Board of Trade wheat contra

Published 17 Mar, 2019 12:00am

Cotton

USDA to drop 'objective yield' surveys for corn, soyabeans

The US Department of Agriculture plans to eliminate its August "objective yield" surveys for corn and soyabeans following a periodic five-year review, the government said in a statement on Tuesday. The United States is the world's top supplier of corn and

Published 17 Mar, 2019 12:00am

South Africa sugar tax to cut industry revenues, prompt reform: USDA

South Africa's sugar tax could slash industry revenues and prompt restructuring of the country's sugar sector, the US Department of Agriculture (USDA) said in a report published on Wednesday. The tax, introduced last April, has slashed the beverage sector

Published 17 Mar, 2019 12:00am

South Africa sugar tax to cut industry revenues, prompt reform: USDA

South Africa's sugar tax could slash industry revenues and prompt restructuring of the country's sugar sector, the US Department of Agriculture (USDA) said in a report published on Wednesday. The tax, introduced last April, has slashed the beverage sector

Published 17 Mar, 2019 12:00am

Good grain harvest prospects to limit EU price rebound

The prospect of large cereal harvests worldwide this year will limit scope for a price rebound in Europe, despite signs of demand being stirred by a recent slide in the wheat market, analyst Strategie Grains said on Thursday. Wheat futures tumbled to a on

Published 17 Mar, 2019 12:00am

Argentina wheat planting area seen rising again after bumper harvest

Argentina's wheat planting area will rise again in 2019/20, industry experts told Reuters, which could mean another bumper harvest after a record wheat crop last season. The area could reach up to 6.9 million hectares, analysts and farmers said, which wou

Published 17 Mar, 2019 12:00am

Brazil to export record 40 million bags coffee this season

Brazil is poised to export a record of nearly 40 million 60-kilo bags of coffee in the current season, including green and industrialized beans, a significant increase from the previous cycle after a strong harvest in 2018, exporters group Cecafé said in

Published 17 Mar, 2019 12:00am

Canadian canola futures mixed

ICE Canadian canola futures were mixed on Thursday in light, range-bound trade, with nearby contracts supported by bargain buying and technical buying, traders said. Spread trading further underpinned nearby futures and weighed on some deferred months. Th

Published 17 Mar, 2019 12:00am

Cotton

Cotton market: rates firm amid modest trading activity

Prices showed steadier trend on the cotton market on Saturday in process of modest trading activity, dealers said. The official spot rate unchanged at Rs 8,700, they added. In the ready session, approximately, 1700 bales of cotton finalised between Rs 735

Published 17 Mar, 2019 12:00am

Asia's naphtha nears two-week high

Asia's naphtha crack was near a two-week high of $52.40 a tonne on Wednesday, supported by demand from petrochemical makers. South Korea's SK Energy, Lotte Chem and Malaysia-based Titan were looking to replenish stocks. Lotte Chem bought three cargoes of

Published 17 Mar, 2019 12:00am

Iran seeks to buy corn, barley and soyameal

Iranian state-owned animal feed importer SLAL has purchased about 200,000 tonnes of corn, some 200,000 tonnes of barley and 200,000 tonnes of soyameal in international tenders, European traders said on Wednesday. Tenders for the same volume had closed on

Published 17 Mar, 2019 12:00am

CBOT wheat futures rise

Chicago Board of Trade (CBOT) soft red winter wheat futures rose 1.1 percent on Thursday, supported by a round of short-covering as the crop emerged from dormancy, traders said. MGEX spring wheat also ended in positive territory, but K.C. hard red winter

Published 17 Mar, 2019 12:00am

As appetite for Asia improves, cautious investors leave banks till last

The chances of recession have faded enough for emerging market investors to plough billions of dollars into Asian stock markets, but not enough to buy shares in the region's banks. After a year-long sell-off, stocks in Asian banks are languishing at multi

Published 17 Mar, 2019 12:00am

As appetite for Asia improves, cautious investors leave banks till last

The chances of recession have faded enough for emerging market investors to plough billions of dollars into Asian stock markets, but not enough to buy shares in the region's banks. After a year-long sell-off, stocks in Asian banks are languishing at multi

Published 17 Mar, 2019 12:00am

China exchanges relax LGFV bond refinancing requirements

China's securities exchanges have relaxed requirements for local government financing platforms to roll over maturing corporate bonds, state-run China Securities Journal reported, in a move aimed at relieving debt burdens. The exchanges communicated the l

Published 17 Mar, 2019 12:00am

China exchanges relax LGFV bond refinancing requirements

China's securities exchanges have relaxed requirements for local government financing platforms to roll over maturing corporate bonds, state-run China Securities Journal reported, in a move aimed at relieving debt burdens. The exchanges communicated the l

Published 17 Mar, 2019 12:00am

Uber plans to kick off IPO in April

Ride-hailing company Uber Technologies Inc is planning to kick off its initial public offering in April, putting it close on the heels of smaller rival Lyft Inc, people familiar with the matter said on Thursday. Next month, Uber will issue its required pu

Published 17 Mar, 2019 12:00am

Uber plans to kick off IPO in April

Ride-hailing company Uber Technologies Inc is planning to kick off its initial public offering in April, putting it close on the heels of smaller rival Lyft Inc, people familiar with the matter said on Thursday. Next month, Uber will issue its required pu

Published 17 Mar, 2019 12:00am

Shanghai's Nasdaq-style technology board to take listing applications from Monday

The Shanghai Stock Exchange will start accepting listing applications for its new Science and Technology Innovation board on Monday, putting it on track for a first batch of listings as early as mid-June, the official Shanghai Securities News reported on

Published 17 Mar, 2019 12:00am

Wall Street gains; S&P posts best week since November

US stocks rose on Friday, led by technology companies, as a report on progress in US-China trade talks lifted sentiment, pushing the S&P 500 to its best week since November. China's state-run Xinhua news agency said Washington and Beijing were making subs

Published 17 Mar, 2019 12:00am

Currency

African currencies week ahead: Uganda shilling, Zambia kwacha to weaken

Kenya's shilling and Zambia's kwacha are expected to weaken against the dollar in the next week, traders said.

Published 17 Mar, 2019 12:00am

Currency

Brazil real to move higher

Brazil's real will appreciate in coming months on continuing hopes President Jair Bolsonaro will succeed in changing the country's burdensome pension system despite initial lack of support for his plans, a Reuters poll found. The Brazilian currency is pro

Published 17 Mar, 2019 12:00am

Currency

Canadian dollar pares weekly gain

The Canadian dollar edged lower against its US counterpart on Friday, reducing its gains for the week as oil prices fell and domestic data showed a steep drop in home sales that offset evidence of stronger-than-expected manufacturing activity.

Published 17 Mar, 2019 12:00am

Currency

Investors turn bullish on Indian rupee, long on most Asian currencies

Investors are bullish on the Indian rupee for the first time in nearly a year, a Reuters poll showed, as a recent surge in popularity of the country's ruling party is expected to bode well for its alliance in the upcoming national elections.

Published 17 Mar, 2019 12:00am

Currency

Dollar falls broadly, posts worst week

The dollar fell broadly on Friday and was set for its biggest weekly drop in more than three months, dragged lower by weak US economic data, while sterling was slightly below its highest level since June 2018, hit Wednesday after Britain's parliament reje

Published 17 Mar, 2019 12:00am

S&P upgrades Portugal's debt rating, citing budget surpluses

Global ratings agency S&P on Friday upgraded Portugal's sovereign debt, citing the country's declining level of indebtedness and expectations for "balanced" growth. The decision followed September's upgrade to Portugal's outlook as the once troubled Europ

Published 17 Mar, 2019 12:00am

S&P upgrades Portugal's debt rating, citing budget surpluses

Global ratings agency S&P on Friday upgraded Portugal's sovereign debt, citing the country's declining level of indebtedness and expectations for "balanced" growth. The decision followed September's upgrade to Portugal's outlook as the once troubled Europ

Published 17 Mar, 2019 12:00am

China's former energy chief accused of corruption

China has expelled one of its most senior ethnic Uighur officials from the Communist Party, the country's anti-corruption watchdog said Saturday, accusing the former energy chief of abusing his position to live a "lavish life". Nur Bekri, who was placed u

Published 17 Mar, 2019 12:00am

Foreigners sell US Treasuries for third month

Foreign investors sold US Treasury bonds and notes for a third straight month in January, data from the US Treasury department showed on Friday, a trend that has been in place for several years. They sold $11.99 billion in Treasuries in January, compared

Published 17 Mar, 2019 12:00am

Foreigners sell US Treasuries for third month

Foreign investors sold US Treasury bonds and notes for a third straight month in January, data from the US Treasury department showed on Friday, a trend that has been in place for several years. They sold $11.99 billion in Treasuries in January, compared

Published 17 Mar, 2019 12:00am

Apple infringed three Qualcomm patents

Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents. Qualcomm last year sued

Published 17 Mar, 2019 12:00am

BMW, Mercedes-Benz lower prices in China

BMW AG and Mercedes-Benz said on Saturday they will lower their prices in China, after the government announced it will reduce the country's value-added tax (VAT) starting on April 1. The German automobile companies each published posts on Chinese social

Published 17 Mar, 2019 12:00am

Sudan signs deals for $300 million with Arab funds

Sudan has signed deals for loans worth $300 million with regional Arab funds, authorities said on Saturday, as the government struggles to cope with an economic crisis and nearly three months of street protests. The finance ministry agreed a $230 million

Published 17 Mar, 2019 12:00am

Sudan signs deals for $300 million with Arab funds

Sudan has signed deals for loans worth $300 million with regional Arab funds, authorities said on Saturday, as the government struggles to cope with an economic crisis and nearly three months of street protests. The finance ministry agreed a $230 million

Published 17 Mar, 2019 12:00am

Malaysia threatens WTO challenge to EU's move to drop palm biofuel

Malaysia on Saturday threatened to bring a World Trade Organisation (WTO) challenge if the European Union goes ahead with recommendations to phase out palm oil from transport fuel used in the bloc. In a list of criteria published on Wednesday, the Europea

Published 17 Mar, 2019 12:00am

US slashes visa duration for Cubans in 'reciprocal' move

The United States announced on Friday it would replace a five-year, multiple-entry tourist visa offered to Cubans with a single-entry visa valid for just three months, to match the island nation's own visa rules for US visitors. The move marks the latest

Published 17 Mar, 2019 12:00am

Australian senator egged after racist comments

A far-right Australian senator had to be restrained by security officials Saturday after punching a young man protesting his offensive comments about the Christchurch mosque attacks. Queensland Senator Fraser Anning drew international condemnation for his

Published 17 Mar, 2019 12:00am

Maduro creates military unit to protect public service installations

Venezuela President Nicolas Maduro created a military unit on Friday charged with protecting basic installations and services such as electricity and water just over a week after the country was hit with a massive blackout. Maduro blamed that on a cyber a

Published 17 Mar, 2019 12:00am

American gets 10 years in Iran

An Iranian court has sentenced an American to 10 years in prison for insulting the country's supreme leader and posting a private picture, his lawyer confirmed Saturday. Michael White, 46, a 13-year US Navy veteran, was arrested in July in the northeaster

Published 17 Mar, 2019 12:00am

Yemen rebels warn they could target Riyadh, Abu Dhabi

Yemen's Huthi rebels warned on Saturday they could launch attacks against the capitals of Saudi Arabia and the United Arab Emirates, who lead a military coalition against them. The threat came as the United Nations was trying to salvage a truce deal in Ye

Published 17 Mar, 2019 12:00am

Cyclone Idai kills at least 31 in Zimbabwe

At least 31 people have been killed and dozens are missing as tropical cyclone Idai hit eastern parts of Zimbabwe after lashing neighbouring Mozambique, the government said on Saturday. Most of the deaths were in Chimanimani East, Zimbabwe's information m

Published 17 Mar, 2019 12:00am

Protesters hold symbolic funeral in Istanbul

Hundreds of protesters held a symbolic funeral in Istanbul on Saturday to mourn the deaths of 49 people murdered in attacks on two New Zealand mosques. The right-wing extremist charged over the attacks in Christchurch apparently published a manifesto onli

Published 17 Mar, 2019 12:00am

New Zealand Prime Minister vows gun law reform

New Zealand's prime minister vowed Saturday to toughen the country's gun laws after revealing the alleged shooter behind Christchurch's mosque attacks had legally bought the five weapons, including two semi-automatic rifles, used in the massacre. The nati

Published 17 Mar, 2019 12:00am

Gray sends Watford into FA Cup semis

Andre Gray came off the bench to fire Watford into the FA Cup semi-finals with the late winner in their 2-1 victory over Crystal Palace on Saturday. Javi Gracia's side took the lead through Etienne Capoue's first half strike before Michy Batshuayi equalis

Published 17 Mar, 2019 12:00am

Bangladesh detains FIFA official for 'defaming' PM

Bangladesh authorities jailed a senior member of football's world governing body on Saturday, hours after she was arrested for allegedly defaming the country's leader. Mahfuza Akhter, a FIFA council member since 2017 and national chief of women's soccer,

Published 17 Mar, 2019 12:00am

Ireland trail after Afghan Shah's batting blitz

Afghanistan batsman Rahmat Shah fell two runs short of his maiden Test century as he guided his team to a 142-run first innings lead over Ireland on the second day of the one-off Test match on Saturday. The Irish team lost captain William Porterfield in t

Published 17 Mar, 2019 12:00am

Socca World Cup: Pakistan delegation to attend conference in England

Pakistan-based International Socca Federation (ISF) Vice President Shahzeb Trunkwala along with officials of Leisure Leagues Pakistan (LLP) - ISF affiliated body in Pakistan, will participate in ISF World Conference to be held in Birmingham, England on Ma

Published 17 Mar, 2019 12:00am

Shiffrin makes it 16, Pinturault takes giant slalom

Mikaela Shiffrin won Saturday's slalom in Andorra to seal her 16th World Cup win of a record-breaking season as Alexis Pinturault prevailed in the giant slalom. Last week the all-conquering American Shiffrin set a new record for most World Cup victories i

Published 17 Mar, 2019 12:00am

Punjab University win HEC Women Tennis title

Punjab University, Lahore has won 42nd All Pakistan HEC Women Tennis Championship 2018-19 organised by the Higher Education Commission in collaboration with Pakistan Tennis Federation (PTF). Punjab University clinched the title after defeating Lahore Coll

Published 17 Mar, 2019 12:00am

South Africa sweep Sri Lanka in ODI series

South Africa beat Sri Lanka by 41 runs according to the Duckworth/Lewis/Stern method when floodlight failure ended the fifth one-day international at Newlands on Saturday. Brief scores: Sri Lanka 225 in 49.3 overs (K. Mendis 56; K. Rabada 3-50) v South Af

Published 17 Mar, 2019 12:00am

Umpire, match referee for Aussie series announced

The Pakistan Cricket Board (PCB) has announced umpire and match referee appointments for the upcoming ODI series between Pakistan and Australia, which will get underway in Sharjah from March 22. The ICC has appointed Jeff Crowe of the elite panel as the s

Published 17 Mar, 2019 12:00am

Bale and Isco give Zidane winning start against Celta

Zinedine Zidane brought Real Madrid's outcasts in from the cold and they repaid him with a win in his first game back as Isco and Gareth Bale each scored in a 2-0 victory over Celta Vigo on Saturday. Isco had not started a single La Liga game under Santia

Published 17 Mar, 2019 12:00am

Kerb

Andreescu to face Kerber in Indian Wells WTA final

Canadian sensation Bianca Andreescu toppled sixth-ranked Elina Svitolina 6-3, 2-6, 6-4 on Friday and will face Wimbledon champion Angelique Kerber for the WTA title in Indian Wells. Germany's Kerber, ranked eighth in the world, ended Belinda Bencic's 12-m

Published 17 Mar, 2019 12:00am

Emotional Pato quits China

Brazilian forward Alexandre Pato on Saturday bid an emotional farewell to Chinese football after reportedly buying himself out of his contract at Tianjin Tianhai. The 29-year-old former AC Milan starlet failed to appear in Tianjin's first two games of the

Published 17 Mar, 2019 12:00am

China officially bids for 2023 Asian Cup

China has formally submitted a bid to host the 2023 Asian Cup, state media said, another sign of the country's determination to eventually stage a football World Cup. China has hosted the Asian Cup once before, in 2004, but its latest attempt is significa

Published 17 Mar, 2019 12:00am

Nadal pulls out of Indian Wells with knee injury

A dejected Rafael Nadal pulled out of his Indian Wells semi-final against old foe Roger Federer on Saturday with a right knee injury and said he'll turn his attention to getting fit for the claycourt season. The Spanish superstar, who has battled knee ten

Published 17 Mar, 2019 12:00am

Prices of essential kitchen items continue to rise

Prices of essential kitchen items remained on high side during this past week as compared to preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that prices of vegetables and fruits went up, chicke

Published 17 Mar, 2019 12:00am

KP CM announces development package for district Kohat

Khyber Pakhtunkhwa Chief Minister Mahmood Khan has announced a development package for district Kohat that include the upgrading of district headquarters hospitals, establishment of a campus of the university of engineering and technology, women campus, a

Published 17 Mar, 2019 12:00am

Murad accuses NAB of targeting PPP

Chief Minister Sindh Syed Murad Ali Shah has said that the NAB is targeting only PPP and the recent incident occurred with Jam Khan Shoro (former PPP Sindh Minister) when he, despite having a bail, was threatened by persons in plain clothes having weapons

Published 17 Mar, 2019 12:00am

SU entry test for masters programme

The pre-entry test for admission to the MS/ M. Phil. degree programs in various departments/ institutes for the academic year 2019 was held in transparent manner amid conducive, efficient and welcoming environment at the examination centres set up at arts

Published 17 Mar, 2019 12:00am

Pral board reconstituted

The government has reconstituted the board of directors of Pakistan Revenue Automation Ltd (Pral) in pursuance of the decision taken by the Cabinet. Sources in the finance ministry said that the Cabinet has approved reconstitution of the Board of Director

Published 17 Mar, 2019 12:00am

Farmers asked to evolve irrigation plans for Rabi crops

The Met Office has asked the farmers to evolve irrigation plans for Rabi crops keeping in view the continuing rains in the country. It said that the farmers should also root out weeds from their standing crops to help the yield grow. It warned that weeds

Published 17 Mar, 2019 12:00am

Paragon Housing scam: AC seeks reply from NAB till March 19

An accountability court (AC) on Saturday sought reply from the National Accountability Bureau (NAB) on a petition filed by Executive Builders Manager Operation Usman for unfreezing his accounts in connection with the Paragon Housing Society scam. The NAB

Published 17 Mar, 2019 12:00am

JI team apprises Alvi about Karachi's problems

A delegation of Jamaat-e-Islami on Saturday met President Arif Alvi to discuss the city's problems. The JI delegation headed by the city's chief, Hafiz Naeem-ur-Rehman met with President, Arif Alvi at the Sindh Governor House to discuss matters related to

Published 17 Mar, 2019 12:00am

SBP's awareness drive on SME finance concludes

The State Bank of Pakistan (SBP) has completed its four-day SME finance awareness campaign in Sialkot, Gujranwala and Gujrat from March 13 to 16, 2019 wherein meetings and interactions were held with over 2,000 representatives of various SME clusters. Ove

Published 17 Mar, 2019 12:00am

Eye camp from tomorrow

A three-day eye camp to perform more than 200 cataract surgeries through Phaco procedure will be held from Monday (tomorrow) by the Hawa Ilmul Shifa Trust. Eye camp will be held at Shaikh Eye & Diabetes Centre located in North Nazimabad near Sakhi Hassan.

Published 17 Mar, 2019 12:00am

SHC CJ orders for expeditious disposal of pre-arrest bail

Chief Justice of Sindh High Court Justice Ahmed Ali M Sheikh on Saturday issued directives for expeditious disposal of pre-arrest bail application and fixation of regular hearing of criminal application. The directives were issued to principal seat of SHC

Published 17 Mar, 2019 12:00am

CM reviews arrangements for today's PSL final

Sindh Chief Minister Syed Murad Ali Shah has said it is the first time in the history that Karachi is hosting the longest mega event series Pakistan Super League (PSL)-4.

Published 17 Mar, 2019 12:00am

IAPEX 2019 being organised at Tulip Marquee

The Institute of Architects Pakistan Rawalpindi-Islamabad Chapter held an opening ceremony of IAPEX 2019 - building material and products exhibition at Tulip Marquee Islamabad.

Published 17 Mar, 2019 12:00am

Railways revenue up by Rs 3 billion in last six months: Rashid

Minister for Railways Sheikh Rashid Ahmad said on Saturday that Pakistan Railway recorded an increase of three billion rupees in the revenue during last six months. Speaking to the media at Karachi Cantt Railway Station, he claimed Pakistan Railways made

Published 17 Mar, 2019 12:00am

Hearing into case against Shahbaz adjourned till March 27

An accountability court on Saturday adjourned hearing of Ramzan Sugar Mills and Ashiana Housing Scheme cases against Pakistan Muslim League-Nawaz (PML-N) President and the Leader of the Opposition in the National Assembly Shahbaz Sharif and his son Hamza

Published 17 Mar, 2019 12:00am

'Pakistan has untapped export potential of $15 billion'

The Pakistan Industrial and Traders Associations Front (PIAF) has asked the government to adopt an approach aimed at developing both the agricultural and industrial sectors to increase the country's exports. PIAF former chairman Irfan Iqbal Sheikh also su

Published 17 Mar, 2019 12:00am

AC judge moves SHC for FIR registration

The judge of Accountability Court-4 on Saturday moved Sindh High Court (SHC) for registration of FIR against Naeem Querashi Advocate, General Secretary Karachi Bar Association (KBA) and others for storming his chamber and using abusive language against hi

Published 17 Mar, 2019 12:00am

Shahbaz accuses government of not taking health issues of Nawaz seriously

Expressing concern over the health of Nawaz Sharif, who is incarcerated at Kot Lakhpat prison in the Al-Aziza Steel Mills case, Opposition Leader in the National Assembly and the Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif on Saturday sa

Published 17 Mar, 2019 12:00am

WB plans to start Tarbela five extension project

After the success of Tarbela 4th extension, World Bank (WB) is pushing ahead with plans for starting the next phase of its renewable energy plans for Pakistan, namely Tarbela 5th extension. By using Tarbela 4th as a benchmark, World Bank is confident Tarb

Published 17 Mar, 2019 12:00am

WB plans to start Tarbela five extension project

After the success of Tarbela 4th extension, World Bank (WB) is pushing ahead with plans for starting the next phase of its renewable energy plans for Pakistan, namely Tarbela 5th extension. By using Tarbela 4th as a benchmark, World Bank is confident Tarb

Published 17 Mar, 2019 12:00am

Uplift work to continue despite difficulties: Umar

Finance Minister Asad Umar on Saturday vowed that the country was facing difficult times but development work will not be stopped. The finance minister expressed his thoughts while inspecting construction of a double-crossing bridge at Tarnol's GT Road he

Published 17 Mar, 2019 12:00am

Reforms being introduced to encourage business community: Razak

Prime Minister's Advisor on Commerce Abdul Razak Dawood says the government is introducing reforms to encourage business community for enhancing investment and exports. He was addressing a seminar titled "Trade Opportunities in China, Indonesia and the Un

Published 17 Mar, 2019 12:00am

NA speaker seeks legal aid for Pakistanis languishing in Malaysian jails

National Assembly Speaker Asad Qaiser has written a letter to his Malaysian counterpart for legal relief of Pakistani expatriates imprisoned in Malaysia. In his letter to Chairman House of Representatives of Malaysia Mohammad Arif Md Yusof, the speaker sa

Published 17 Mar, 2019 12:00am

NAB nabs KDA Secretary, PD in fake accounts case

The National Accountability Bureau (NAB) arrested two more accused in fake bank accounts case here on Saturday. According to details, the NAB arrested Secretary Karachi Development Authority (KDA) Najam Zaman and Project Director Hassan Memon in fake bank

Published 17 Mar, 2019 12:00am

Use of polythene bags banned in KP

The provincial government of Khyber Pakhtunkhwa had banned the use of polythene shopping bags and has announced heavy financial penalty on the violators of the ban. This has been disclosed by the KP Minister for Information, Shaukat Ali Yousafzai while ta

Published 17 Mar, 2019 12:00am

Police directed to ensure strict security in capital till March 23

The high-ups of city police have issued strict directives to all sub-divisional police officers (SDPOs) to ensure strict security in the city, in general, from March 17 to March 23 and in the vicinity of Parade Ground, in particular, where Pakistan Day Pa

Published 17 Mar, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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