A kind of firmness prevailed on the money market on Saturday as the rupee did not depict any variation in terms of the dollar in the process of trading activity, dealers said. The rupee was unchanged in relation to the dollar for buying and selling at Rs
A kind of firmness prevailed on the money market on Saturday as the rupee did not depict any variation in terms of the dollar in the process of trading activity, dealers said. The rupee was unchanged in relation to the dollar for buying and selling at Rs
FIFA head Gianni Infantino on Saturday appealed for football to take a "zero tolerance" approach to racism after the Ligue 1 match between Dijon and Amiens was interrupted following monkey chants directed at Prince Gouano.
Pakistan Cricket Board (PCB) has finalized the schedule of the parliamentarians' initial assessment and training camp under the supervision of its coaches. The 47 young members of the National Assembly will join their initial assessment and training camp
Liverpool legend Tommy Smith, one of the key figures in the club's first golden era, died on Friday at the age of 74. Smith's no-nonsense performances at the heart of Liverpool's defence saw him nicknamed the 'Anfield Iron' during his 18-year spell on Mer
Five people were injured in Sweden on Saturday when a rallycross car veered off a racetrack during a race and crashed into a crowd of spectators, police said. "There are five injured who have been transported to hospital. Two are reported to be lightly in
Five people were injured in Sweden on Saturday when a rallycross car veered off a racetrack during a race and crashed into a crowd of spectators, police said. "There are five injured who have been transported to hospital. Two are reported to be lightly in
Tottenham shrugged off the loss of Harry Kane as Lucas Moura's hat-trick moved Spurs up to third in the Premier League with a 4-0 win over Huddersfield, while Cardiff slipped closer to relegation after going down 2-0 at Burnley on Saturday.
Pakistan Women's Cricket Selection Committee comprising Asmavia Iqbal, Marina Iqbal and Urooj Mumtaz on Saturday announced the 15-member Pakistan women's cricket squad for next month's ICC Women's Championship and Twenty20 International series against Sou
India's money-losing sugar mills have run up a record $4.38 billion in arrears to 50 million cane farmers, who have gone unpaid for their produce for more than a year, industry and government sources said on Thursday. Years of bumper cane harvests and rec
China's March crude oil imports fell from the previous month as state-owned refiners began maintenance, but refined fuel exports soared to the highest in at least seven years as a new private refinery ran at full capacity, customs data showed on Friday.
The US Agriculture Department on Tuesday raised its outlook for how much corn will be left in grain elevators ahead of harvest this year due to falling demand from the export, feed and residual and ethanol sectors. The government also boosted its estimate
Farmers can now for the first time insure their produce against price volatility as easily as insuring their homes, with a global platform based on hundreds of niche commodity indexes, underwritten by a Lloyd's of London syndicate.
Ginners refrained from new deals on the cotton market on Saturday on short supply position, dealers said. The official spot rate was unchanged at Rs 8,800, they added. In the ready session, around 3000 bales of cotton finalised between Rs 8200-8800, they
Algeria's state grains agency OAIC bought at least 330,000 tonnes of optional-origin milling wheat in a tender on Thursday, traders said. OAIC paid $238.50-$239 a tonne, cost and freight included for the wheat, which is to be shipped in June, the traders
Northwest European gasoline refining margins rose to $11.49 a barrel on Thursday, their highest since late August, pushed up by lower than expected US inventories. FGE energy analysts forecast further draws in product inventories on rising demand, particu
German 10-year yields were set for their biggest daily rise since last June after a rebound in Chinese exports gave investors hope that the global economic outlook is not as bad as expected. Investors are hoping for signs of economic recovery in China to
German 10-year yields were set for their biggest daily rise since last June after a rebound in Chinese exports gave investors hope that the global economic outlook is not as bad as expected. Investors are hoping for signs of economic recovery in China to
Japanese investors look set to switch some money from European bonds to US debt, hoping for capital gains after the US bond yield curve recently flashed signs of recession down the road. While the jury is still out on whether the United States will have a
Japanese investors look set to switch some money from European bonds to US debt, hoping for capital gains after the US bond yield curve recently flashed signs of recession down the road. While the jury is still out on whether the United States will have a
US stocks closed near record highs on Friday after the largest US bank, J.P Morgan Chase & Co, soothed worries that the first-quarter earnings season would dampen Wall Street's big rally back from last year's slump. The S&P 500 is now within a percent of
Warburg Pincus' Asian logistics sale can stack up at a discount. The private equity firm is planning a Hong Kong listing for ESR Group, a warehouse operator valued at roughly $4 billion. Fancy godowns are in short supply and e-commerce is booming across t
Offshore investors raised their holdings of Chinese bonds traded on the country's interbank market to a new record in March, official data showed, ahead of the phased inclusion of some Chinese bonds in a major global index. Total offshore holdings of inte
Offshore investors raised their holdings of Chinese bonds traded on the country's interbank market to a new record in March, official data showed, ahead of the phased inclusion of some Chinese bonds in a major global index. Total offshore holdings of inte
Investors pulled nearly net $7.5 billion out of mutual funds and exchange-traded funds that hold US stocks last week, capping the largest two-week retreat from the domestic stock market since July 2018, according to data released on Wednesday by the Inves
The Kenyan and Ugandan shillings are expected to weaken against the US dollar in the next week to Thursday while Tanzania's currency is likely to hold steady, traders said. KENYA - The Kenyan shilling is expected to remain under pressure from increased do
South Korea's central bank said on Saturday it has agreed to renew a currency swap deal with the United Arab Emirates (UAE) to boost financial stability for both countries. The $5.4 billion currency swap, which was first signed in 2013 and expired in Octo
The Canadian dollar strengthened against its US counterpart on Friday, adding to this week's gains as oil prices rose and US stocks climbed back to near record highs. At 3:58 pm (1958 GMT), the Canadian dollar was trading 0.4% higher at 1.3329 to the gree
A tale of two elections saw investors raise their bullish bets on the Indian rupee over the past two weeks while long positions on the Thai baht unravelled to their lowest this year, a Reuters poll showed. Foreign investors have ploughed billions of dolla
Speculators bolstered their net long US dollar position in the latest week, pushing it to the highest since December 2015, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday. The value of the net long
The dollar weakened against the euro as the common currency climbed in a move dealers said may have been driven by anticipated currency demand arising from a Japanese bank's plans to purchase a German multi-billion dollar aviation finance business. Signs
Japan's Supreme Court has rejected an appeal by lawyers for Carlos Ghosn against his detention, local media said Saturday, dashing the former Nissan boss's hopes for an early release. The 65-year-old former auto tycoon had appealed to Japan's highest cour
Tanzania has agreed a new $1.7 billion financing deal with the World Bank to fund various projects during fiscal year 2019/20, its finance ministry said on Saturday. The agreement, which is comprised of low-interest loans and grants, includes a $400m loan
Several hundred employees of India's beleaguered Jet Airways held a protest at Delhi airport on Saturday demanding to be paid and calling for the company to be rescued. Jet has been in a tailspin for months. All but around half a dozen of its 119 aircraft
An artificial intelligence research laboratory opened by Google in Ghana, the first of its kind in Africa, will take on challenges across the continent, researchers say. The US technology giant said the lab in the capital Accra would address economic, pol
A French wheat cargo Egypt had rejected by Egypt due to high levels of the grain fungus ergot has been re-tested and found to have acceptable levels, a ministry document showed and an Egyptian official said.
The European Commission has drawn up a list of US imports worth around 20 billion euros ($22.6 billion) that it could hit with tariffs over a transatlantic aircraft subsidy dispute, EU diplomats said on Friday. President Donald Trump on Tuesday threatened
India on Saturday said a French media report linking a tax exemption given to a French subsidiary of Reliance Group and an $8.7 billion fighter jet deal between the two countries was "totally inaccurate."
About 100,000 people filled Jakarta's main stadium Saturday for a huge rally in support of Indonesian president Joko Widodo, just days ahead of the biggest-ever elections in the world's number-three democracy. Widodo is leading presidential challenger Pra
Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg's security in 2018 to $22.6 million, a regulatory filing showed on Friday. Zuckerberg has drawn a base salary of $1 for the past three years, and his "other" comp
In a major archaeological discovery, Egypt on Saturday unveiled the tomb of a Fifth Dynasty official adorned with colourful reliefs and well preserved inscriptions. The tomb, near Saqqara, a vast necropolis south of Cairo, belongs to a senior official nam
Police opened fire outside Ukraine's embassy in London on Saturday after a vehicle rammed into the ambassador's parked car and then drove at officers called to the scene. No diplomatic staff were injured in the incident and nor was the suspect, a man in h
A demonstrator died Saturday in Bafilo, northern Togo, during an opposition rally for presidential term limits, the minister for security told AFP. "A group of youths were marching towards the centre of the town when they were dispersed" by security force
More than 70 British lawmakers have urged their government to prioritise any extradition bid Sweden might make for WikiLeaks founder Julian Assange, who is also wanted in the United States. Assange was arrested on Thursday at Ecuador's London embassy on a
Thousands of people on Saturday rallied in Belgrade against President Aleksandar Vucic who they accuse of authoritarianism and muzzling the media. Police put the number of demonstrators at 7,500, while the opposition estimated tens of thousands had turned
Incoming Palestinian prime minister Mohammad Shtayyeh announced his new cabinet Saturday alongside president Mahmud Abbas. Several key positions were unchanged from the previous administration of Rami Hamdallah. Analysts say the change of government was m
Prices of the essential kitchen items 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 prices of essential kitchen items, crockery
Deputy Speaker National Assembly Qasim Khan Suri has said that forests are decreasing rapidly in the country, which is badly affecting the environment. "We have to pay attention to tree plantation for better future of coming generations," the deputy speak
In occupied Kashmir, Indian troops in their fresh act of state terrorism martyred two Kashmiri youth in Shopian district, today. According to Kashmir Media Service, the troops martyred the youth identified as Shahjahan Mir and Abid Hussain Wagay during a
Federal Minister for Communications and Postal Services Murad Saeed has said that countrywide Clean and Green Pakistan drive is moving forward at a rapid pace, which aptly reflects vision of Prime Minister Imran Khan. Ministry of Communications and Nation
The two terrorist attacks, against Hazara community in Quetta and a convey of Frontier Corps (FC) in Chaman on Friday indicate that the outlawed Tehreek-e-Taliban (TTP) remains a threat, with its sleeper cells believed to be active in restive Balochistan.
Members of the Hazara community on Saturday continued staging a sit-in at Quetta's Western Bypass now to demand better security measures following a blast in Hazarganji market. At least 20 people were killed and scores injured in a blast believed to be ta
Federal Minister for Religious Affairs Noorul Haq Qadri has said the incumbent PTI led government is striving hard to introduce uniform education system in the country. He was addressing to Seerat-Un-Nabi talent test awarding ceremony held in Landi Kotal
Over 10 cases of various kinds of crimes, including robbery, dacoity and snatching at gunpoint, and seven cases of car lifting were reported to various police stations during the last week in spite of police's tall claims of strengthening security arrange
Minister for National Health Services, Regulations and Coordination Aamer Mehmood Kiani on Saturday directed Auditor General of Pakistan to conduct special audit of the Drug Regulatory Authority of Pakistan (DRAP) to control the prices of medicines.
Former Venezuelan general Hugo Carvajal, head of military intelligence under Hugo Chavez, was held in temporary detention Saturday while Spain waits for a formal US extradition request on charges of cocaine trafficking, judicial sources said.
US Secretary of State Mike Pompeo held talks Saturday with Paraguay's President Mario Abdo Benitez as part of a four-nation tour of Latin American allies focusing heavily on Venezuela and countering China's economic reach. Pompeo - the first US secretary
At least three protesters died in Mogadishu when hundreds of auto-rickshaw taxi drivers took to the streets Saturday after an officer shot and killed a driver. The protest erupted shortly after police forces allegedly opened fire, killing one driver and a
A US serviceman and a Japanese woman were found dead at an apartment in Okinawa on Saturday, police said, with the man reportedly suspected of killing the woman before taking his own life. The 32-year-old soldier and the 44-year-old woman, were found blee
The United Nations has expressed its full solidarity with the government of Pakistan in its fight against terrorism and violent extremism. In a statement, UN Secretary-General Antonio Guterres strongly condemned the two attacks in Balochistan on Friday in
While highlighting the importance of biosaline agriculture, elected representatives, irrigation and agriculture experts, civil society organizations and coal mining companies on Saturday urged the Sindh government to introduce mega schemes on biosaline ag
Director General of Peshawar Development Authority (PDA) Engineer Mohammad Aziz on Saturday inspected ongoing work on the Peshawar Bus Transit Project. Through a press statement issued here by PDA office, the DG was briefed after taking charge of his offi
A US-based organisation EcoSikh will launch its first-ever afforestation campaign titled 'Guru Nanak Sacred Forest' in Pakistan from tomorrow (Monday). The campaign named after Sikhism founder Baba Guru Nanak will be launched at Punjabi Language Research
Pakistan Tehreek-e-Insaf (PTI) Opposition Leader Sindh Assembly Firdous Shamim Naqvi Saturday said that 18th Amendment is not the Book of God, we will amend it. Local Government has not been given rights through 18th Amendment.
Light rain in Lahore and its adjacent areas in on late Friday night turned the weather pleasant. Rain was also reported from other parts of Punjab including Dera Ghazi Khan, Multan, Bahawalpur, Gujranwala, Sargodha, Faisalabad and Rawalpindi divisions.
The Punjab Provincial Development Working Party approved four development schemes of various sectors with an estimated cost of Rs 5948.557 million. These schemes were approved in the 23rd meeting of Provincial Development Working Party (PDWP) of current f
Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that the nation had always been deceived in the name of progress and prosperity and the PTI's case was no different. He was addressing the participant s of the JI central workshop at Mansoora.
Punjab government has fixed the target to purchase 149,000 metric ton wheat from the district during the current wheat procurement campaign for which 11 procurement centers have been set up at different localities of the district.
"Pakistan has fertile land and suitable climate for agriculture, but there is a need to improve agricultural practices, especially age-old irrigation methods, by promoting mechanization, which will help in lowering water consumption, labour cost and time
Chairman Task Force on Textile Policy Dr Salaman Shah said on Saturday that new textile policy will be announced before the budget 2019-20. Salman Shah said this while addressing a seminar on industrial and textile policies for growth under Punjab spatial
Acting Governor Punjab Ch Parvez Elahi has said that Prime Minister Imran Khan is working hard with good intention for bringing foreign investment in the country and the investors would be facilitated by all means. Speaking at a dinner hosted in honour of
Leader of the opposition in Punjab Assembly Hamza Shahbaz will appear before Lahore High Court (LHC) on Wednesday April 17 when his pre-arrest bail will expire. The LHC had restrained the National Accountability Bureau (NAB) from arresting him in a case p
Punjab Planning & Development Board has decided to acquire land for construction of P&D employees' official housing residences to fulfill the basic demands of the P&D officials. In this connection, budgetary allocation would also be provided in upcoming A
The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has announced to hold IAF's 35th World Fashion Convention from November 11 to 13, 2019 in Lahore in collaboration with the International Apparel Federation (IAF).
Honorary Consul of Pakistan in Germany Matthias Theis has said that Pakistan could win global market by ensuring participation in trade fairs and exhibitions in Germany. He was speaking at the Lahore Chamber of Commerce and Industry here on Saturday. LCCI
Speakers at a symposium urged the government to take effective and concrete measures to protect rapidly-deteriorating environment in the country by introducing and implementing climate-friendly policies. The Earth Day symposium was organised by Habib Univ
Pakistan Businessmen and Intellectuals Forum (PBIF), president Mian Zahid Hussain has emphasised that the new economic policy should be based on possible downturn and balancing growth and sustainability objectives while also putting more emphasis on refor
President Dr Arif Alvi on Saturday said Pakistan armed forces are fully capable of deterring and defeating aggression across the complete spectrum of threat. "The recent stand off on our Eastern Front holds testimony to this very fact," the president told
The National Accountability Bureau (NAB) Chairman Former Justice Javed Iqbal Saturday took notice of Federal Minister for Information and Broadcasting Fawad Chaudhry's statement over Aleem Khan's case and hinted at taking action against the minister.
Chief Executive of Friends Corporation Stevedores (Pvt) Ltd, Muhammad Saleem Vohra has said that a new record of unloading 54,000 metric tons of rock phosphate has been made at East Warf of Karachi Port Trust from ship in just three days. Talking to the m
An anti-terrorism court (ATC) in Karachi resumed hearing of a case pertaining to money laundering through Khidmat-e-Khalq Foundation (KKF) on Saturday. The ATC judge expressed displeasure over the absence of a Federal Investigation Team (FIA) team, saying
The second death anniversary of Mashal Khan, who was student at Abdul Wali Khan University and was brutally murdered by angry mob observed on Saturday in Swabi. On the occasion, Mashal's family arranged Khatmul Quran at home and a gathering was held at Ma
The Met Office has asked the farmers to schedule irrigation plans for the Rabi crops, as a fresh rainy spell has just begun. It warned the farmers of a sizeable yield loss if weeds continued to grow, asking them to remove the unneeded foliages without any