Further improvement was witnessed on the money market on Saturday as the rupee moved up versus the dollar in process of trading activity, dealers said. The rupee picked up more 20 paisas in terms of the dollar for buying and selling at Rs 141.30 and Rs 14
Further improvement was witnessed on the money market on Saturday as the rupee moved up versus the dollar in process of trading activity, dealers said. The rupee picked up more 20 paisas in terms of the dollar for buying and selling at Rs 141.30 and Rs 14
Brazil's Ronaldinho has found a second calling after retiring from professional football: rapper. The former Brazil national and FC Barcelona megastar - full name Ronaldinho Gaucho - has released a song along with Brazilian singer Jorge Vercillo decrying
Jil Teichmann, ranked 146th in the world, won her first WTA title on Saturday when she beat Karolina Muchova 7-6 (7/5), 3-6, 6-4 in the Prague Open final. In a battle of qualifiers, the 21-year-old Swiss had to fight for two hours and 44 minutes to overco
Cristiano Ronaldo may be known more for his superhuman scoring skills but the Portuguese star has now created a comic book series where he turns into a superhero. The 34-year-old on Saturday released his 'Striker Force 7' series, with the Juventus forward
Celtic secured an eighth successive Scottish Premiership title on Saturday with a 3-0 win at Aberdeen that put them two-thirds of the way towards an unprecedented third consecutive domestic treble. Saturday's title triumph came the day after former Celtic
Former World No 16 Farhan Mehboob of Pakistan Wapda clinched the trophy after defeating his strong rival Danish Atlas in the marathon five sets final of the National Senior Squash Championship played here at PAF Hashim Khan Squash Complex on Saturday. Air
The Bangladesh Cricket Board (BCB) has revised the ongoing series schedule against Pakistan Under-16 due to Cyclone Fani. The second three-dayer, which was to be played from May 5-7 in Khulna, will now be played from May 6-8, which, in turn, means the fir
Uncapped Sussex batsman Phil Salt has been added to England's squad for Sunday's Twenty20 international against Pakistan following Dawid Malan's withdrawal through injury. Middlesex's Malan suffered a groin problem while batting during England's unconvinc
When Pakistan's Shahid Afridi smashed a 37-ball century against Sri Lanka in 1996, he not only registered the fastest-ever one-day ton, he also became the youngest player to score 100 runs in an international. Or did he? In a new autobiography, the fiery
Brazil will reassess the methodology used to set the government's minimum guarantee prices for coffee, the Agriculture Ministry said on Thursday. The review - to be jointly undertaken by crop supply agency Conab as well as private sector experts and farme
India's sugar production could rise 1.5 percent in 2018/19 to a record 33 million tonnes, increasing inventories in the world's second-biggest producer and putting pressure on local prices, a producers' body said on Friday. The record production could for
Brazil expects that the Chinese government will not renew certain import tariffs on sugar, a Brazilian Agriculture Ministry official told reporters on Friday. Agriculture Trade Secretary Orlando Leite Ribeiro said he did not know what the timeline was for
The Syrian government has raised the price it pays farmers for their wheat after the smallest crop in three decades in 2018, a pro-government newspaper said on Wednesday. Syria is expected to import around 1.5 million tonnes of mainly Russian wheat this y
It is only May, but if a Brazilian cotton grower orders a new harvester now to cope with an expected larger crop this year, he will not get it in 2019. The industry has run out of them. Brazil is experiencing a boom in cotton production, a result of highe
A slowing global economy, stock market turmoil, delays to interest rate rises and potential US dollar weakness are expected to boost average annual gold prices to their highest since 2013, a Reuters poll found. Gold will average $1,322 an ounce this year
Argentine farmers are expected to harvest 48 million tonnes of corn this season, the Buenos Aires Grains Exchange said on Thursday, citing stronger than expected crop yields as the reason for raising its previous estimate of 46 million tonnes. With nearly
Prices of cotton dropped modestly on the cotton market on Saturday in the process of trading, dealers said. The official spot rate dropped Rs 50 and within week lost Rs 200 to Rs 8800, they added. In the ready session, about 1400 bales of cotton changed h
Ukrainian farmers have so far sown 4.2 million hectares of spring grain crops for the 2019 harvest, or 59 percent of the expected area, the agriculture ministry said on Thursday. The ministry has said Ukraine's 2019 early spring grain sowing area is likel
US wheat futures ended higher for a second straight session on Thursday, lifted by short-covering and technical buying after hitting contract lows early this week. Commodity funds hold a massive net short position in wheat futures markets, leaving them su
Slowing Turkish inflation has helped make the country's lira-denominated government bonds "cheap" for the first time this year, Deutsche Bank's analysts said, adding that their models pointed to potentially stellar gains ahead. Data on Friday showed Turke
Slowing Turkish inflation has helped make the country's lira-denominated government bonds "cheap" for the first time this year, Deutsche Bank's analysts said, adding that their models pointed to potentially stellar gains ahead. Data on Friday showed Turke
Britain's biggest watch retailer Watches of Switzerland Group said on Thursday it was considering an initial public offering in London, as it looks to reduce debt and make acquisitions. The company, which sells brands such as Rolex, Richemont's Cartier an
Britain's biggest watch retailer Watches of Switzerland Group said on Thursday it was considering an initial public offering in London, as it looks to reduce debt and make acquisitions. The company, which sells brands such as Rolex, Richemont's Cartier an
Angola, Africa's second largest oil producer, should see its first ever initial public offerings this year as the country establishes a domestic stock exchange with the privatisation of multiple state companies, the bourse's head said on Thursday. Patrici
Angola, Africa's second largest oil producer, should see its first ever initial public offerings this year as the country establishes a domestic stock exchange with the privatisation of multiple state companies, the bourse's head said on Thursday. Patrici
Latin American stocks and currencies rallied on Friday as robust labour data from the United States calmed nerves over fears of sluggish global growth, days after the US Federal Reserve cast doubt on any possible interest rate cuts for 2019. MSCI's index
Global bond funds had another week of huge inflows as central banks stuck to their dovish tone, while outflows from equities slowed to a trickle, Bank of America Merrill Lynch strategists said on Friday. Investors ploughed $9.6 billion into bond funds, th
Global bond funds had another week of huge inflows as central banks stuck to their dovish tone, while outflows from equities slowed to a trickle, Bank of America Merrill Lynch strategists said on Friday. Investors ploughed $9.6 billion into bond funds, th
US stocks rose in a broad-based rally on Friday as stronger-than-expected job growth in April coupled with muted wage gains left investors upbeat about the outlook for the economy and interest rates. The Nasdaq registered a record high close, while the S&
Zambia's currency is expected to remain under pressure against the US dollar in the coming week. Those of Tanzania, Uganda, Kenya and Nigeria should hold steady.
The Canadian dollar strengthened against its US counterpart on Friday, recovering from an earlier one-week low as the US jobs report pointed to solid economic growth but tame inflation that could keep the Federal Reserve from raising interest rates. At 4:
Speculators raised their net long bets on the US dollar to the highest since December 2015 in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position
What banks charge each other to borrow dollars for three months fell to its lowest level in over six months on Thursday in the wake of the Federal Reserve's decision to lower the interest it pays banks on excess reserves in a bid to stabilize money market
The outlook for India's rupee has deteriorated from just a month ago as the outcome of a more than month-long national election draws near, according to foreign exchange strategists polled by Reuters. While the rupee pared some of 2018's losses early this
The dollar slipped against a basket of currencies on Friday as traders focused on the weaker aspects in the April US payrolls report, brushing aside stronger-than-forecast hiring and a drop in the jobless rate to the lowest in more than 49 years. The mode
Turkmenistan's national carrier said Saturday that European aviation authorities have cleared it to resume flights to Europe from June 1 after banning them in February. Turkmenistan Airlines listed flights to the British city of Birmingham and the German
US authorities are seeking to sell a $39-million luxury mansion in Los Angeles allegedly bought by a Malaysian financier with money looted from scandal-hit state fund 1MDB, court documents showed. Billions of dollars were purportedly pilfered from the Mal
At $70 per ton of carbon dioxide, a carbon tax would be the most efficient means of cutting greenhouse gas emissions, according to an International Monetary Fund report published Friday. But for the moment, carbon taxes remain unpopular, particularly in F
At $70 per ton of carbon dioxide, a carbon tax would be the most efficient means of cutting greenhouse gas emissions, according to an International Monetary Fund report published Friday. But for the moment, carbon taxes remain unpopular, particularly in F
Sudan is facing a pre-Ramazan fuel crisis and a worsening cash crunch less than a month after president Omar al-Bashir was ousted following protests sparked by bread and fuel shortages. Cars queued at almost every petrol station in Khartoum on Saturday as
Billionaire Warren Buffett, whose Berkshire Hathaway Inc is Wells Fargo & Co's largest shareholder, on Saturday signaled no shift in his support for the bank despite several scandals it has faced. "Wells made some big mistakes," Buffett said. "When you fi
EU diplomatic chief Federica Mogherini on Saturday urged Turkey to reconsider plans to start exploratory drilling for oil and gas off Cyprus, already condemned as illegal by the European Union. "We express grave concern over Turkey's announced intention t
Film stars Juliette Binoche and Emmanuelle Beart joined hundreds of people from the arts world in backing France's "yellow vests" movement Saturday, as the latest anti-government marches got underway Saturday. Binoche and Beart joined 1,400 signatories to
A Boeing 737 skidded off a runway into a river after crash-landing during a lightning storm in Florida on Friday, officials said, with terrified passengers all safely evacuated to shore from the stricken jet's wings. The plane carrying 143 people includin
The United States' allies in Europe have criticised its recent decisions to restrict oil trade with Iran and to limit the extension of waivers for nuclear non-proliferation projects. "We ... take note with regret and concern of the decision by the United
Venezuelan President Nicolas Maduro called on the armed forces to be "ready" in the event of a US military offensive against the South American country, in a speech to troops on Saturday. Maduro called on the military "to be ready to defend the homeland w
Turkish president Recep Tayyip Erdogan on Saturday called for the opposition's local election victory in Istanbul to be declared invalid and the vote re-run, increasing the pressure on the country's electoral authorities. "Clearly, there were irregulariti
Sri Lanka's Catholic Church will televise a private Sunday mass after cancelling regular services over fears of a repeat of Easter's suicide bombings, even as police and troops tightened security. Father Edmund Tillakaratne said public masses were suspend
US President Donald Trump voiced confidence Saturday that Kim Jong Un would not "break his promise," following what if confirmed would be North Korea's first short-range missile launch for more than a year. "Anything in this very interesting world is poss
Former president and co-chairperson of Pakistan People's Party Asif Ali Zardari has urged his party workers to be prepared to stand up against a possible conspiracy to amend the constitution for slashing power of provinces. He said this in a written state
Special Assistant to the Prime Minister on Overseas Pakistanis & Human Resource Development, Sayed Zulfiqar Abbas Bukhari Saturday visited Pir Sohawa to review arrangements for the foundation stone-laying ceremony of Al-Qadir University for Sufism. Prime
Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) has signed a concessional agreement with China Road and Bridge Corporation (CRBC) for development of Rashakai Special Economic Zone (SEZ). According to statement issued here on
Prime Minister Imran Khan on Saturday withdrew an application challenging the territorial jurisdiction of the Sessions Court to hear a defamation suit filed against him by Leader of Opposition in National Assembly Shahbaz Sharif claiming damages for level
The 32nd board meeting of BISP was held over two days recently (April 19 and April 29) due to the extensive agenda that needed to be covered by the board. Chairperson of BISP, Dr Sania Nishtar chaired the board meeting. The meeting was attended by other B
A member of the Tax Reform Commission (TRC) Saturday said that there is a huge tax potential of Rs 10,000 billion in Pakistan. On the conclusion of a press conference here on Saturday, Member TRC Ashfaq Tola was talking about his personal views on the lev
The Capital Development Authority (CDA) has accelerated the pace of operation against illegal housing societies in the federal capital, as 213 more premises, including property offices have been sealed. The Enforcement Directorate, Planning Wing of the Au
A media dialogue on situation of nutrition affecting children, adolescents and women of Pakistan was organised by the United Nations Children's Fund (Unicef) on Saturday. The dialogue, held in collaboration with the Ministry of National Health Services, R
Recently passed twin laws, the Punjab Local Govt. Act 2019, and the Punjab Village Panchayats & Neighborhood Councils Act 2019, is hastily passed without going through the due consultative process with key stakeholders. Like the previous political governm
The major opposition party in the National Assembly and Punjab provincial assembly-Pakistan Muslim League-Nawaz (PML-N) -has refused to extend support to any government bill for the creation of a separate province in Punjab, unless the government agrees t
Pakistan's ambassador to United States Dr Asad Majeed Khan has said Jaish-e-Mohammed Chief Masood Azhar being placed on United Nations terror list will not have an effect on the relationship between Pakistan and United States. "We want good relations with
Singer Meesha Shafi on Saturday filed an application of no confidence in the additional district judge, who is hearing the defamation case filed by her peer, Ali Zafar, with the sessions judge.
The Capital Development Authority (CDA) has accelerated the pace of operation against illegal housing societies in the federal capital, as 213 more premises, including property offices have been sealed. The Enforcement Directorate, Planning Wing of the Au
The incidents of motor vehicles thefts witnessed an increase in the federal capital as carjackers stole over 12 vehicles, including motor bikes, from various areas of the city during the last week. According to data gathered by Business Recorder he
The Commerce Minister of Czech Republic will visit Pakistan soon and will meet businessmen to find ways for entrance into Pakistani market. This was stated by Commercial Counsellor of Czech Republic Embassy, Michal Bobek while talking to media here at the
Speaker of the Punjab Assembly and Pakistan Muslim League (PML-Q) leader Chaudhry Pervaiz Elahi arrived in London on Friday night. He was welcomed by PML-Q London chief organiser Naeem Warraich upon arrival at the airport. Speaking to the media, the PML-Q
The Central Ruet-e-Hilal Committee is set to meet today evening for the moon sighting of Ramazan-ul-Mubarak. The moon sighting body will meet on Sunday evening after Maghrib prayers at Met Office Complex in Karachi. Mufti Muneeb-ur-Rehman, chairman of the
Jamaat-e-Islami (JI) has rejected the hike in prices of petroleum commodities and announced that it will organise rallies and demonstrations against the government decision across the province today (Sunday). In a press statement issued here on Saturday,
Senator Mustafa Nawaz Khokhar, the spokesman for Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto-Zardari, has said that Imran Khan's tsunami has flooded the country with the price hike and the common people are worried about their homes and hearths.
Directorate of Intelligence and Investigation (DI&I), Customs, Hyderabad has made 24 seizures worth Rs 62.8 million during ongoing fiscal year. According to Director DI&I, Customs Hyderabad Dr Sadiqullah, the Directorate with inadequate resources has show
Prices of essential kitchen items witnessed increase during this week past as compared to preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed significant increase in the prices of all major pluses,
The Vice Chancellor of the University of Karachi Professor Dr Muhammad Ajmal Khan passed away in Karachi early on Saturday. He is survived by his wife and three daughters. The eminent educationist was suffering from cardiovascular disease and went to a pr
The Met Office on Saturday said that heat wave in the city is expected to continue with temperature ranging up to 40 degrees Celsius in days to come. However, mercury level is likely to fall by up to 3 degrees Celsius during the daytime. "The north/northw
The industrialists and traders on Saturday have strongly criticised government's decision to increase price of petroleum products as unilateral and unjust. They said that repeated increase in the prices of oil in recent past already badly eroded Pakistan'
Young Doctors Association (YDA) Saturday continued their protest against proposed privatization of government hospitals in Punjab on third consecutive day on Saturday. According to details, OPDs of major hospitals in Rawalpindi, Faisalabad, Lahore and oth
The Quaid-e-Azam University has awarded M.Phil degree to Jan Sher Khan in Sedimentology here on Saturday. He successfully defended his thesis under the supervision of Dr Mumtaz Muhammad Shah in the field of Sedimentology at department of earth sciences. T
A local court on Saturday extended the bail of the owners of Dar-ul-Sehat Hospital till May 7. As per details, the owners of Dar-ul-Sehat Hospital Amir Chisthi and Farhan Chishti appeared before the district and Session Court Karachi East. Both of the acc
Digital Content Producers International (DCPI) once again becomes the pioneer of the digital media industry as they host "Pakistan's first solution oriented Interactive conference" at a local hotel. Mrs Imran Shah presided the panels & Sheikh Kashif of Ka
Exchange of trade delegations and B2B contacts can help boost mutual trade and economic ties between Saudi Arabia and Pakistan and chambers of the two countries can play an instrumental role in this regard. Engr Sultan Bin Mahdi expressed these views whil
Punjab Chief Minister Sardar Usman Buzdar presided over the meeting of the Lahore Development Authority (LDA) governing body in which it was decided to further relax the rules and regulations, to encourage the construction of the multi-storey buildings. T
Pakistan Bar Council (PBC) Saturday took exception to the remarks of director general Inter-Services Public Relations (ISPR) regarding the activities of a political group. Vice-Chairman Pakistan Bar Council Syed Amjad Shah said, "The remarks of the DG ISP
Provincial Minister for Information and Culture Syed Samsam Bokhari has said there is no objection over the illness of Nawaz Sharif but his motive was to go abroad. He said that the narrative of government was correct about him. The decision of judiciary
Punjab Governor Chaudhary Muhammad Sarwar on Saturday signed the Punjab Local Government Bill 2019. While signing the bill, the Governor said that the new local bodies system will protect every penny of the nation and the accountability of the local bodie