News Archives for Print - 2019-04-11

Print - 2019-04-11

Khashoggi family denies settlement with Saudi government

The family of murdered journalist Jamal Khashoggi denied Wednesday being in talks to reach a settlement out of court with Saudi authorities following reports that his sons had taken payouts. "Currently, the trial is taking place and no settlement discussi

Published 11 Apr, 2019 12:00am

Currency

The World Bank's assessment

Multilateral financial institutions continue to be quite pessimistic about the prospects of Pakistan's economy. In its latest edition of the South Asia Economic Focus report, the World Bank has estimated that Pakistan's economic growth rate is expected to

Updated 12 Apr, 2019 06:51am

BJP's reiteration of a lost cause

Going into general election the BJP manifesto promises to abolish Article 370 of the Indian constitution that gives special status to Jammu and Kashmir (J&K). "During the last five years," claims the manifesto, "we have made necessary efforts to ensure pe

Updated 12 Apr, 2019 06:53am

Currency

Could another finance minister do it better?

Asad Umar is getting a lot of flak. Does the fault lie in his not doing a better job, or lack of viable options? Opinion is divided. Most would allow more time but early signs hold out little promise. Charge of dithering, if not incompetence, is gaining c

Published 11 Apr, 2019 12:00am

What actually contributes to higher UFG?

Federal Minister for Petroleum and Natural Resources Ghulam Sarwar Khan recently revealed that the combined annual losses of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGC) have rocketed to PKR 48 billion as a direct

Published 11 Apr, 2019 12:00am

Malaysia's QSR puts $500m IPO on hold, hit by lofty valuations

Malaysia's biggest fast-food operator, QSR Brands, has shelved plans for an initial public offering (IPO) that could have raised as much as $500 million as potential local investors balked at its valuations, sources familiar with the deal said. QSR, the s

Published 11 Apr, 2019 12:00am

Maulana Fazlur Rahman's strategy

Although prime minister Imran Khan has dismissed the potential of JUI-F chief Maulana Fazlur Rahman to pose a threat to his rule, the latter met the former prime minister Nawaz Sharif at his Jati Umra residence where both the leaders discussed the current

Published 11 Apr, 2019 12:00am

FBR launches crackdown against tax defaulters

On the directives of Chief Commissioner Inland Revenue, Regional Tax Office (RTO) Peshawar, Qaiser Iqbal recovery campaign against tax defaulters has been accelerated. In this connection, Assistant Commissioner, Inland Revenue Usman Asif while using his l

Published 11 Apr, 2019 12:00am

Currency

Pak-Turkey SEF Plan of Action: Pakistan wants to settle FTA by June 2019

Pakistan is seeking to conclude Free Trade Agreement (FTA) with Turkey by June 2019 that offers the lowest tariff on all tariff lines extended by Turkey to its other trading partners, under the Pak-Turkey Strategic Economic Framework (SEF) Plan of Action.

Published 11 Apr, 2019 12:00am

Over 32 tons of relief goods dispatched to Iran

On the directives of Prime Minister Imran Khan, National Disaster Management Authority (NDMA) has dispatched a load of over 32 tons humanitarian assistance to flood-hit Iran. The consignment comprising two shipments contains 500 tents, 3,300 blankets and

Published 11 Apr, 2019 12:00am

Modi's victory in the polls: PPP for formation of JIT on PM's statement

Pakistan Peoples Party (PPP) has said that a joint investigation team (JIT) should be constituted to probe into Prime Minister Imran Khan's statement regarding victory of Indian Prime Minister Narendra Modi's party BJP in the upcoming elections.

Published 11 Apr, 2019 12:00am

Levies and Khasadar Force: status of 5,816 clerical staff apprised to NA body

The National Assembly Standing Committee on States and Frontier Regions (SAFRON) was informed on Wednesday that after merger of Levies and Khasadar Force into Khyber Pakhtunkhwa police, there is one policeman available for 150 people in the province. The

Published 11 Apr, 2019 12:00am

River inflows record 156,400 cusecs of water so far

The country is receiving more water this year due to heavy snow till last month as river inflows on Wednesday recorded 156,400 cusecs against last year's 92,600 cusecs and historic average of 115,900 cusecs. According to Indus River System Authority (Irsa

Published 11 Apr, 2019 12:00am

Pakistan wants to resolve all issues with India through dialogue: Qureshi

Foreign Minister Shah Mehmood Qureshi has said that Pakistan desires peaceful relations with all the neighbouring countries and wants to resolve all outstanding issues with India through dialogue. Chairing the fourth meeting of Advisory Council on Foreign

Published 11 Apr, 2019 12:00am

FM, Afghan envoy exchange views on peace process

Afghan Ambassador to Pakistan Atif Mashal on Wednesday called on Foreign Minister Shah Mehmood Qureshi and exchanged views on Afghan peace and reconciliation process. According to Foreign Office Spokesperson Dr Mohammad Faisal, the Afghan envoy appreciate

Published 11 Apr, 2019 12:00am

Fare for Green Line Express increased

Pakistan Railways has increased the fare for Green Line Express - the only VIP train plying between Islamabad and Karachi. The new fare from Islamabad to Karachi will be Rs 7,000 and while the passengers travelling from Lahore to Karachi will pay Rs. 6,50

Published 11 Apr, 2019 12:00am

Political, admin reforms in GB: Bill to be tabled in upcoming session, NA body told

Minister for Kashmir Affairs and Gilgit-Baltistan Ali Amin Gandapur on Wednesday said that the government would table a reforms bill for Gilgit-Baltistan (GB) in the upcoming National Assembly session to introduce political and administrative reforms thro

Published 11 Apr, 2019 12:00am

KPK growers demand withdrawal of tax on tobacco

The tobacco growers of Khyber Pakhtunkhwa and their labour unions on Wednesday urged the federal government to withdraw the recently imposed levy of Rs 300 on per kilogram of un-manufactured tobacco products as this will harm the sector that is contributi

Published 11 Apr, 2019 12:00am

Elahi, Shujaat summoned by AC on April 26

An Accountability Court on Wednesday summoned Speaker Punjab Assembly Chaudhry Pervez Elahi and PML-Q head Chaudhry Shujaat Hussain on April 26 and directed the National Accountability Bureau (NAB) to present the record of the reference against them.

Published 11 Apr, 2019 12:00am

'Machine learning will become reality in near future'

In Pakistan, 31 percent of accountants currently see AI as all or mostly hype, while 65 percent say that in three years' time it will become a reality, according to global research.

Published 11 Apr, 2019 12:00am

Agriculture department to set up 309 fair price shops in Punjab

The Punjab Agriculture Department is going to set up 309 fair price shops throughout the province during Ramadan to facilitate masses. The department will put 17 different daily use items on sale on these fair price shops on subsidized rates for which the

Published 11 Apr, 2019 12:00am

PM for resolving Kashmir dispute through dialogue

Prime Minister Imran Khan while stressing for resolving the longstanding Kashmir dispute through dialogue Wednesday said the settlement of that issue would have tremendous benefits of peace in the subcontinent. "...There is only one difference [between In

Published 11 Apr, 2019 12:00am

International moot on education begins at UoE

A two-day 7th International Conference on Education under the theme of "Research and Development in Education for Sustainable Future" has been started here at University of Education, Township Lahore.

Published 11 Apr, 2019 12:00am

Zardari for evolving strategy to remove PTI government

Pakistan Peoples Party Co-Chairman Asif Ali Zardari has said that opposition parties will have to raise voice against Pakistan Tehreek-e-Insaf (PTI) government; otherwise, the coming generations would not forgive them.

Published 11 Apr, 2019 12:00am

Need for increasing export of agriculture products to Russia stressed

Secretary General (Federal) of the Businessmen Panel (BMP) and former Chairman Standing Committee of the FPCCI, Ahmad Jawad has said that increasing exports of agriculture products to Russia is also imperative for us after they slapped ban on food imports

Published 11 Apr, 2019 12:00am

KCCI offers to mediate between SBCA, car showroom owners

Karachi Chamber of Commerce & Industry (KCCI) President Junaid Esmail Makda Wednesday offered the chamber's platform for an amicable solution to all issues between Sindh Building Control Authority (SBCA) and New M A Jinnah Road car showrooms owners could

Published 11 Apr, 2019 12:00am

KCCI slams murder of local trader

The leadership of Businessmen Group (BMG) and office-bearers of the Karachi Chamber of Commerce and Industry (KCCI) have strongly condemned murder of a local businessman Muhammad Saleem, who was killed mercilessly at his business premises in Jodia Bazaar

Published 11 Apr, 2019 12:00am

Tharparkar sizzles with 44o Celsius

A central city of Tharparkar, Mithi, simmered with hot weather as maximum temperature was 44 degrees Celsius there on Wednesday, the Met Office has said. Mirpurkhas and Shaheed Benazirabad followed the high mercury level with 43 degrees Celsius, each and

Published 11 Apr, 2019 12:00am

Alvi welcomes international delegates to Ad-Asia 2019 in Lahore

President Dr Arif Alvi in a message to the advertising fraternity and the media industry of Asia, has warmly invited the international delegates to the 31st Asian Advertising Congress, being held at Lahore, in December 2019.

Published 11 Apr, 2019 12:00am

Oil tanker catches fire as it overturns

An oil tanker carrying thousands of litres of oil caught fire with an explosion as it overturned in Sher Shah neighborhood, here on Wednesday morning. The mishap occurred on Gulbai Flyover, however, no casualty was reported till filing of this report. Rep

Published 11 Apr, 2019 12:00am

Durrani moves SHC against his arrest by NAB

Speaker Sindh Assembly Agha Siraj Durrani on Wednesday filed a petition in Sindh High Court (SHC) against his arrest by National Accountability Bureau (NAB) in a corruption case and prayed the court to grant him bail. NAB arrested Agha Siraj Durrani in Fe

Published 11 Apr, 2019 12:00am

Bedwear textiles'export up by 4 percent

Pakistan's export of bed-wear textiles posted an increase of 4 percent to $1.529 billion in July-Feb 2018-19, official figures say. Increase in the home textiles now stands at $52.236 million in July-Feb 2018-19 from $1.477 billion in July-Feb 2017-18, Pa

Published 11 Apr, 2019 12:00am

KMC electricity dues: SC sets two-day deadline for 'workable solution'

Supreme Court (SC) on Wednesday set a two-day deadline for all the stakeholders to come up with a "workable solution" for payment of over Rs.580 million dues Karachi Metropolitan Corporation (KMC) has to pay to K-Electric (KE). At Karachi Registry, a two-

Published 11 Apr, 2019 12:00am

Japan donates bus to Karachi Vocational Training Centre

The Government of Japan handed over a vehicle to (KVTC), which is worth US$60,975, under 'the Project for Providing Modern Transport Vehicle for the Intellectually Challenged Centre in Karachi, with the scheme of Grant Assistance for Grassroots Human Secu

Published 11 Apr, 2019 12:00am

Bank Alfalah, UPI sign agreement to launch MoneyExpress

UnionPay International (UPI) and Bank Alfalah have signed an agreement to launch MoneyExpress in Pakistan. MoneyExpress, powered by UnionPay, is an easy way to send money electronically to anyone in Pakistan with a UnionPay card.

Published 11 Apr, 2019 12:00am

Auto sales up by 2 percent

The auto sales are up by 2 percent YoY in March 2019 led by higher sales from Pak Suzuki Motor Company (PSMC), according to Topline.

Published 11 Apr, 2019 12:00am

Partly Facetious : Buzdar is not known for his looks

"You know I have been thinking about this for a while and for the life of me I cannot find in adult or children's literature who the Sindh Chief Minister reminds me of."

Published 11 Apr, 2019 12:00am

PM likely to visit Iran shortly

Prime Minister Imran Khan is expected to make a maiden visit to Iran ahead of his 27 April scheduled visit to China. "The precise date for the visit has not yet been finalised but it is confirmed that the Prime Minister will undertake a maiden visit to Te

Published 11 Apr, 2019 12:00am

Amendments in curriculum: Government decides to establish regulatory authority on IT education: minister

"The government has decided to establish a regulatory authority on information technology education for proposing amendments in curriculum to upgrade its standard and make it more market-oriented to create job opportunities, spur economic growth and meet

Published 11 Apr, 2019 12:00am

AJK president highlights importance of technical education

President Azad Jammu & Kashmir Sardar Masood Khan Wednesday highlighted importance of technical and professional education, research and innovation among the young generation to create job opportunities and spur economic growth.

Published 11 Apr, 2019 12:00am

Rain-related incidents claim 26 lives in KP

At least six people, including a child, were killed, 26 injured in rain-related incidents in various areas of Khyber Pakhtunkhwa. In Peshawar, three persons were killed and 19 others injured due to thunder storm and torrential rains while three houses wer

Published 11 Apr, 2019 12:00am

Trust-deficit exists over spending tax money, admits minister

Punjab Minister for Finance Makhdoom Hashim Jawan Bakht said that there is a certain degree of trust deficit among the general public regarding the way the tax money is spent which we need to remove by ensuring transparency and giving confidence to the ta

Published 11 Apr, 2019 12:00am

'Increase of Rs 5 per 20kg flour bag inevitable'

Pakistan Flour Mills Association (Punjab) Chairman Habib-ur-Rehman Leghari has said that an increase of Rs5 per 20 kilograms flour bag is inevitable because of increase in petroleum products prices and other expenses of the flour-milling industry. He also

Published 11 Apr, 2019 12:00am

PM, Buzdar discuss Punjab's administrative issues

Punjab Chief Minister Sardar Usman Buzdar called on Prime Minister Imran Khan on Wednesday and discussed political situation, administrative issues of the province and steps being taken to facilitate the masses besides reforms agenda being pursued by the

Published 11 Apr, 2019 12:00am

FTA with China to be signed during PM's visit: envoy

Prime Minister Imran Khan will visit China in last week of April to sign second phase of Free Trade Agreement (FTA) between Pakistan and China, said Yao Jing, Ambassador of People's Republic of China.

Published 11 Apr, 2019 12:00am

PSCA starts test run of PUCAR-15 to reform response mechanism

"With an aim to reform police response mechanism, the Punjab Safe Cities Authority (PSCA) has started test-run of the Punjab Unified Communication and Response (PUCAR-15) to record and monitoring all the complaints received on Police helpline 15 from all

Published 11 Apr, 2019 12:00am

TDAP's second edition of TEXPO begins today

Trade Development Authority of Pakistan (TDAP) is organizing the 2nd Edition of TEXPO from April 11 to 14, at Lahore Expo Centre. This was announced by Secretary TDAP Muhammad Sualeh Ahmed Faruqui on Wednesday in a press conference. Director General's Sye

Published 11 Apr, 2019 12:00am

Philip Morris (Pakistan) Limited

Introduction

Published 11 Apr, 2019 12:00am

Philip Morris (Pakistan) Limited

Introduction

Published 11 Apr, 2019 12:00am

Parliamentary body apprised about JKSDMI activities

A group of Jammu Kashmir Self-Determination Movement International (JKSDMI) headed by its Chairman Raja Najabat Hussain along with former member of Gilgit-Baltistan Assembly Amna Ansari called on Chairman Parliamentary Committee on Kashmir Syed Fakhar Ima

Published 11 Apr, 2019 12:00am

CDA auctions eight commercial plots on third day

Capital Development Authority (CDA) auctioned commercial plots in different developed sectors of the federal capital on Wednesday. During the third day of auction, eight (08) commercial plots were auctioned at Rs 4,048 million while 31 residential plots w

Published 11 Apr, 2019 12:00am

Kazakhstan urged to facilitate access of Pakistani commodities

President Dr Arif Alvi has said that Pakistan and Kazakhstan enjoy close and cordial relations based on the foundations of shared faith, culture and heritage. The President said this while talking to Ambassador of Kazakhstan, HE BarlybaySadykov, who calle

Published 11 Apr, 2019 12:00am

BankIslami Pakistan signs MoU with NUST

BankIslami Pakistan Limited has signed a Memorandum of Understanding (MoU) with National University of Sciences & Technology (NUST), one of the leading universities of the country. The MoU signing ceremony was held at the Head Office of BankIslami Pakista

Published 11 Apr, 2019 12:00am

Ease of Doing Business Index: PTI government optimistic about improving ranking

The Pakistan Tehreek-e-Insaf (PTI) government has expressed hope that the measures taken in last eight months in collaboration with 30 federal and provincial organisations would help improve Pakistan's ranking on Ease of Doing Business Index. Foreign dire

Published 11 Apr, 2019 12:00am

US MIDDAY: gold hits two-week peak

Gold hit a near two-week high on Wednesday, supported by softer US economic data and as the European Central Bank reinforced an accommodative monetary policy, with focus turning to the minutes from the US Federal Reserve's March meeting.

Published 11 Apr, 2019 12:00am

US MIDDAY: corn, soya up a bit

US corn and soyabean futures were higher on Wednesday on light technical buying as a blizzard bore down on portions of the Plains and Midwest, threatening to delay plantings, analysts said. Wheat futures declined and were on pace for a fifth straight lowe

Published 11 Apr, 2019 12:00am

Gold steadies in Europe

Gold held steady near a two-week high on Wednesday as world equities retreated after the International Monetary Fund (IMF) cut its global growth outlook ahead of the release of minutes from the US Federal Reserve's March meeting.

Published 11 Apr, 2019 12:00am

Gold near two-week peak in Asia

Gold prices edged lower on Wednesday, but traded near the previous session's two-week peak as equities slipped after the International Monetary Fund (IMF) cut its global growth outlook and on trade tensions between the United States and Europe. Spot gold

Published 11 Apr, 2019 12:00am

Gold hits highest in more than a week in New York

Gold rose to its highest in more than a week on Tuesday as the dollar and equities weakened after the International Monetary Fund cut its global economic growth forecasts for the year, with increased buying by central banks lending further support. Spot g

Published 11 Apr, 2019 12:00am

Currency

Raw sugar, arabica coffee inch higher

Raw sugar futures on ICE rose on Wednesday, supported by stronger energy markets while arabica coffee firmed as it consolidated above last week's 13-year low. May raw sugar settled up 0.03 cent, or 0.2 percent, at 12.81 cents per lb.

Published 11 Apr, 2019 12:00am

Vegetable Oil

Palm oil falls more than 2 percent

Malaysian palm oil futures fell more than 2 percent to a one-week low in evening trade on Wednesday as an official data release from the Malaysian Palm Oil Board (MPOB) showed that March end-stocks and output were higher than forecast.

Published 11 Apr, 2019 12:00am

Tokyo rubber up on China's stimulus policies

Tokyo Commodity Exchange (TOCOM) futures rose on Wednesday, tracking strong Shanghai futures, amid hopes from China's stimulus policies to promote car consumption. The benchmark Tokyo Commodity Exchange (TOCOM) rubber contract for September delivery finis

Published 11 Apr, 2019 12:00am

Oil rallies as US gasoline inventory draw offsets crude build

Oil futures climbed more than 1 percent on Wednesday after US data showing a deep decline in gasoline stocks overrode a rise in crude inventories to 17-month highs, and as an OPEC report showed further tightening of Venezuela's crude supply. International

Published 11 Apr, 2019 12:00am

Zinc moves higher, copper down

Zinc touched a two-week low on Wednesday on concerns that Chinese smelters will ramp up output, but prices were supported by a shortage of immediately available material on the London Metal Exchange (LME). Benchmark zinc on the LME closed 0.4 percent up a

Published 11 Apr, 2019 12:00am

Cotton

Cotton futures edge lower on profit-taking, markets eye trade talks

ICE cotton futures settled lower on Wednesday as investors booked profits, while developments in trade negotiations between the United States and China remained in focus. Cotton contracts for May settled down 0.47 cent, or 0.6 percent, at 77.62 cents per

Published 11 Apr, 2019 12:00am

Trump's 'coup' charge fuels assault on Russia probe

Donald Trump called the probe into his campaign's Russia links an attempted "coup" Wednesday, while his attorney general promised to investigate FBI "spying" on the president. More than two weeks after the probe wrapped up, apparently putting him in the c

Published 11 Apr, 2019 12:00am

China and North Korea open new border crossing

A Chinese city has opened a new border crossing with North Korea - fitted with radiation detectors - even as talks between Washington and Pyongyang have languished over disagreements for nuclear sanctions relief. The new highway border crossing opened in

Published 11 Apr, 2019 12:00am

Facebook ordered to pay 30,000 euros in France over 'abusive' usage terms

A French court has ordered Facebook to pay 30,000 euros ($34,000) over "abusive" terms-of-use agreements that people had to accept in order to access their social media accounts, the consumer group which filed the lawsuit said Wednesday. The ruling came a

Published 11 Apr, 2019 12:00am

US charges pummel drugmaker Indivior, hurt Reckitt

Indivior Plc lost nearly three-quarters of its stock market value on Wednesday and former parent Reckitt Benckiser also fell after the US Justice Department accused the British drugmaker of illegally boosting prescriptions for its blockbuster opioid addic

Published 11 Apr, 2019 12:00am

Indian shares fall

Indian shares edged lower on Wednesday as investors traded with caution after the International Monetary Fund (IMF) lowered global economic growth outlook. Losses in financials also weighed on the main board.

Published 11 Apr, 2019 12:00am

Wall Street drops on US-EU trade tensions, IMF outlook

Trade-sensitive industrials dragged Wall Street lower on Tuesday as tensions over tariffs between the United States and its European trading partners went from simmer to boil and the IMF lowered its global growth outlook. All three major US stock indexes

Published 11 Apr, 2019 12:00am

Wednesday's early afternoon trade: S&P, Nasdaq edge higher

Technology stocks lifted the S&P 500 and the Nasdaq on Wednesday, ahead of the release of the Federal Reserve's minutes from its latest policy meeting, while a drop in Boeing shares kept the Dow lower. The modest gains on the main indexes follow a US Labo

Published 11 Apr, 2019 12:00am

Currency

Tokyo stocks lower on trade worries

Tokyo stocks closed lower on Wednesday amid a flare-up in trade tensions between the United States and Europe, with investors eying a press conference by the European Central Bank president. The benchmark Nikkei 225 index fell 0.53 percent or 115.02 point

Published 11 Apr, 2019 12:00am

Currency

Dubai index nears five-month high, most major Gulf markets rise

Dubai's stock market rose for the tenth straight session on Wednesday, lifted by its financial shares, while Abu Dhabi was pulled lower by its top lender First Abu Dhabi Bank. The Dubai index gained 0.2 percent, hovering around five-month high, with Emaar

Published 11 Apr, 2019 12:00am

Currency

ECB sticks to wait-and-see course as threats persist

Beset by looming political risks and weaker global growth weighing on the eurozone, the European Central Bank played for time Wednesday on multiple fronts in hopes of a clearer picture in June. ECB president Mario Draghi told reporters in Frankfurt, "righ

Published 11 Apr, 2019 12:00am

OECD warns of 'worrying' drop in development aid

The world's wealthiest governments provided less aid last year and those countries needing most help got a smaller share of available funds, the Organization for Economic Cooperation and Development said Wednesday.

Published 11 Apr, 2019 12:00am

Shell exits Russian LNG joint venture with Gazprom

Energy giant Shell on Wednesday announced that it is leaving the joint project it was developing with Gazprom in Russia, following the Russian gas company's decision to alter its configuration. "Following Gazprom's announcement on March 29 regarding the f

Published 11 Apr, 2019 12:00am

Currency

Turkey unveils reform package to revive growth

Turkey's government on Wednesday said it would increase support for state banks, bring in measures to curb inflation and overhaul taxes as part of reforms aimed at tackling an economic slowdown. Turkey slipped into recession for the first time in a decade

Published 11 Apr, 2019 12:00am

Airbus flies into new era with change of boss

Frenchman Guillaume Faury took over as CEO of European aerospace giant Airbus on Wednesday, looking to benefit from the current troubles of rival Boeing and limit potential disruption from Brexit and US President Donald Trump's trade threats. The 51-year-

Published 11 Apr, 2019 12:00am

Tesco posts rising profit

British supermarket king Tesco on Wednesday registered a nine-percent increase in annual net profits, helped by cost-cutting and its acquisition of wholesaler Booker. The nation's biggest retailer posted the gains during a tough time for British high stre

Published 11 Apr, 2019 12:00am

Tesco posts rising profit

Published 11 Apr, 2019 12:00am

IMF warns rising debt makes economy more vulnerable

Rising corporate and government debt levels and the sharp increase in more risky lending could leave the global economy vulnerable to another severe downturn, the International Monetary Fund warned Wednesday. While the concerns "aren't all setting off ala

Published 11 Apr, 2019 12:00am

US urges IMF reforms, rejects funding increase

The International Monetary Fund, like governments around the world, has to learn to do more with less and needs to be more effective, US Treasury Secretary Steven Mnuchin said Wednesday. Key among the needed reforms is a focus on conditions for financial

Published 11 Apr, 2019 12:00am

US consumer prices post biggest increase in 14 months

US consumer prices increased by the most in more than a year in March, but underlying inflation remained benign against the backdrop of slowing domestic and global economic growth. The Labour Department said on Wednesday its Consumer Price Index rose 0.4

Published 11 Apr, 2019 12:00am

US government posts $147 billion deficit

The US federal government posted a $147 billion budget deficit in March, according to data released on Wednesday by the Treasury Department. Analysts polled by Reuters had expected a $180 billion deficit for the month.

Published 11 Apr, 2019 12:00am

Four year ban for India's Asian champion shot putter

Asian shot put champion Manpreet Kaur has been banned for four years by India's anti-doping agency after failing a series of drug tests in 2017. Kaur, 29, will lose the gold medal she won at the 2017 Asian Championships with her suspension backdated to Ju

Published 11 Apr, 2019 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 11 Apr, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 11 Apr, 2019 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 11 Apr, 2019 12:00am

Fed Cup veteran Safarova back for Czechs

Veteran Lucie Safarova has been drafted in to help Fed Cup holders Czech Republic bounce back from defeat by Romania and win a crucial play-off against Canada. Humiliated by Romania in the first round, the Czechs are without their two top players, Petra K

Published 11 Apr, 2019 12:00am

Lanning calls for more women's Test cricket

Australia captain Meg Lanning has called for more women's Test cricket to build on the game's growing momentum, and said India was key to boosting the number of red-ball matches. There has only been one women's Test in the last three years, with the inter

Published 11 Apr, 2019 12:00am

Nike make Moukoko a millionaire

Borussia Dortmund's 14-year-old prodigy Youssoufa Moukoko has signed a one-million-dollar sponsorship deal with Nike, according to a report in German tabloid Bild. The young striker has been making waves in Dortmund's youth system, scoring 36 goals in 21

Published 11 Apr, 2019 12:00am

Liverpool ease past Porto to close on Champions League semis

Liverpool closed in on a Champions League semi-final meeting with Barcelona or Manchester United after sweeping aside Porto 2-0 in the first leg of their quarter-final tie at Anfield. Far from the late drama that has accompanied the Red's Premier League t

Published 11 Apr, 2019 12:00am

Warner's ego must be managed: South Africa's Smith

Former South African captain Graeme Smith has some advice for Australia coach Justin Langer - make sure David Warner's ego is managed if he starts to "get bigger than everybody else". The polarising opener, on the comeback trail after a one-year ban for b

Published 11 Apr, 2019 12:00am

Soccer talent hunt trials held

As a part of national talent hunt programme, soccer stars in collaboration with Pakistan Football Federation (PFF) conducted trials here on Wednesday.

Published 11 Apr, 2019 12:00am

Big US bank CEOs grilled on Capitol Hill

CEOs of giant US banks were grilled Wednesday on their swelling pay packages, lending to gun makers and other hot-button issues in the industry's biggest congressional once-over since the financial crisis. Representative Maxine Waters, a California Democr

Published 11 Apr, 2019 12:00am

UK economy grows as factories get boost from pre-Brexit stockpiling

Britain's economy unexpectedly grew in February, helped by clients of manufacturers rushing to stockpile goods ahead of Brexit, official data showed on Wednesday. Gross domestic product grew by 0.2 percent from January, the Office for National Statistics

Published 11 Apr, 2019 12:00am

Bar Council win Sehat Muhafiz Cricket Cup

To highlight the importance of vaccination and involve multiple stakeholders as advocates for polio vaccination a day long Sehat Muhafiz Cricket tournament was organized by Emergency Operations Center Khyber Pakhtunkhwa in collaboration with District Mana

Published 11 Apr, 2019 12:00am

Wisden lashes out at new 100-ball cricket competition

English cricket's controversial new 100-ball competition has been compared unfavourably with Brexit in the latest edition of Wisden, which says the innovation has "hung over the game like the Sword of Damocles". The 156th edition of the Wisden Cricketers'

Published 11 Apr, 2019 12:00am

Kohli named among Wisden's Cricketers of the Year

Virat Kohli was Wednesday named as one of Wisden's Five Cricketers of the Year and also became the first player to win the award for leading cricketer in the world in three successive years. The India captain put to bed questions over his ability to thriv

Published 11 Apr, 2019 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
Dow Jones / May 9	41,249.38
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79
FTSE 100 / May 12	8,559.54
Germany DAX 30 / May 12	23,721.61
France CAC40 / May 12	7,802.81

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Petrol/Litre / May 12	252.63
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Diesel/Litre / May 12	256.64
Cotton US¢/pound / May 12	67.45

Gainers
Losers
Leaders

Stock	Price
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	3.08 ▲ 0.71 (29.96%)
Equity Modaraba / May 12 First Equity Modaraba(FEM)	3.17 ▲ 0.67 (26.8%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.99 ▲ 1 (25.06%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.18 ▲ 0.58 (22.31%)
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.84 ▲ 0.33 (21.85%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.38 ▲ 0.96 (21.72%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.49 ▲ 0.44 (21.46%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
D.S. Ind. Ltd. / May 12 D.S. Industries Limited(DSIL)	4.64 ▲ 0.74 (18.97%)
Hira Textile / May 12 Hira Textile Mills Limited(HIRAT)	3.25 ▲ 0.51 (18.61%)

Stock	Price
Reliance Weaving / May 12 Reliance Weaving Mills Limited(REWM)	98.10 ▼ -10.9 (-10%)
Apna Microfin. / May 12 Apna Microfinance Bank Limited(AMBL)	9.90 ▼ -1.05 (-9.59%)
Shams Textile / May 12 Shams Textile Mills Limited(STML)	21.50 ▼ -2 (-8.51%)
Ellcot Spinning / May 12 Ellcot Spinning Mills Limited(ELSM)	103.20 ▼ -8.99 (-8.01%)
Suhail Jute / May 12 Suhail Jute Mills Limited(SUHJ)	80.01 ▼ -6.59 (-7.61%)
Din Tex. / May 12 Din Textile Mills Limited(DINT)	47 ▼ -2.99 (-5.98%)
Paramount Mod / May 12 First Paramount Modaraba(FPRM)	6.86 ▼ -0.42 (-5.77%)
Pak Paper Prod / May 12 Pakistan Paper Products Limited(PPP)	147.01 ▼ -7.1 (-4.61%)
Sakrand Sugar / May 12 Sakrand Sugar Mills Limited(SKRS)	11.80 ▼ -0.52 (-4.22%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	43 ▼ -1.87 (-4.17%)

Stock	Volume
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	113,339,802 ▲ 0.55
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	75,586,776 ▲ 1.38
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	65,777,142 ▲ 0.15
Power Cement / May 12 Power Cement Limited(POWER)	38,991,042 ▲ 1.09
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	33,253,495 ▲ 1
B.O.Punjab / May 12 The Bank of Punjab(BOP)	30,799,662 ▲ 1
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	23,237,026 ▲ 1
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	21,435,724 ▲ 12.58
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	14,540,297 ▲ 1
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	12,178,931 ▲ 0.96

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