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The history of prosperous nations around the world will reveal that there success was only possible after a long struggle and resilience of their countrymen led by able leaders. If we study the political roadmap, way of life and especially the economy of
Indian rice export prices slipped this week as demand from Africa remained sluggish, while shipments from Thailand remained sluggish to a strong baht. Prices of 5% broken parboiled variety in top exporter India were quoted at around $371-$375 per tonne th
Coffee trading remained sluggish this week in Vietnam due to a shortage of beans, with traders were waiting the new crop season that begins next week. Farmers in the Central Highlands, Vietnam's largest coffee-growing area, sold coffee at 34,000-35,000 do
European crude palm oil prices could rise to average $610 per tonne including cost, freight and insurance (CIF Rotterdam) in the first half of 2020 on the back of rising demand and slowing production growth, leading industry analyst Thomas Mielke said.
Physical gold demand remained subdued for most of the week in major Asian centres, with elevated rates impeding purchases, though Indian jewellers stocked up for festival season as local rates dropped to more than six-week lows on Friday.
Indian mills are struggling to export surplus sugar even after a subsidy announced by New Delhi, the chairman of commodities consultant LMC International said on Thursday, citing low global sugar prices. Weaker exports from the world's biggest producer of
US natural gas futures fell to a fresh three-week low on Friday on forecasts for the weather to moderate over the next two weeks, keeping both cooling and heating demand low and allowing the amount of gas in storage to rise to normal levels for the winter
On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,169. The traded value of Metals, Energy and COTS/FX was recorded at PKR 11.164 billion and the numbers of lots traded were 10,342.
Chicago Board of Trade soyabean futures slipped on Friday on technical selling, as traders began positioning ahead of a US grain stocks report slated for Monday, traders said. Prices were underpinned by a spate of recent US soyabean purchases by top globa
India's soyameal exports could fall 28.6% in the marketing year that begins in October 2019, as a surge in domestic prices will make overseas shipments uncompetitive, leading industry analyst Thomas Mielke said on Thursday.
Brazil this week shipped 60,000 tonnes of corn to the United States, according to Refinitiv data, an unusual export destination given the North American country's status as the largest producer and exporter of the cereal.
French farmers had harvested just 3% of this year's grain maize area by September 23, up from 1% a week earlier but well below 21% at the same time last year, farm office FranceAgriMer said on Friday. Growth of maize crops in France has been lagging the u
Euronext wheat futures extended a rally to a new six-week high on Friday on technical momentum and strong overseas demand. Traders said gains were capped, however, by large global supplies and the need to remain competitive in export markets.
The Karachi Port handled 215,946 tonnes of cargo comprising 131,060 tonnes of import cargo and 84,886 tonnes of export cargo including 3,086 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday.
Chicago Board of Trade (CBOT) soft red winter wheat futures extended a technical bounce on Friday, amid growing international demand, concerns over grain quality in the northern US Plains, and worries about weather issues in Canada and Australia.
China's net monthly gold imports via Hong Kong in August surged nearly 61%, after falling to their lowest in more than eight years in July, the Hong Kong Census and Statistics Department data showed on Thursday. Net imports via Hong Kong to China, the wor
Naya Nazimabad Festival Football Tournament 2019 won by Pakistan Civil Aviation Authority by beating National Bank of Pakistan with a margin of 8-1. The final match was an exciting show overwhelmingly enjoyed by thousands of visitors, spectators and the r
Ehsan Mani chairman Pakistan Cricket Board (PCB) has said that they were in talks with the officials of Australian, England, Ireland and New Zealand cricket boards and inviting them to assess the conditions in Pakistan. Speaking at a presser along with Sr
Pakistan continued its winning streak after four consecutive wins in World Cup 2019 as home side beat Sri Lanka by 67 runs at National Stadium Karachi on Monday in the second day-night international as Karachi staged its first ODI for 10 years. Sri Lankan
Hundreds of hotels in Spain are facing imminent closure over the collapse of British travel giant Thomas Cook, the head of the Spanish hotel federation warned on Monday. "There are 500 hotels which are going to close immediately due to the collapse of Tho
European Central Bank president Mario Draghi urged eurozone leaders Monday to create a common budget of "some significance", adding such a tool could have hastened recovery from the financial crisis.
China's manufacturing sector showed unexpected signs of improvement with two indexes showing Monday that manufacturing activity edged up in September, despite ongoing trade pressure with the US.
Lending to British consumers slowed to its weakest rate in more than five years in August, adding to signs that household demand may be softening in the run-up to Britain's departure from the European Union, Bank of England figures showed on Monday.
Egypt's blue-chip index ended its three-day winning streak as declines in banking shares sent it into negative territory on Monday, while financial stocks bolstered the Saudi index. The Egyptian index lost 0.4%, with the country's largest lender Commercia
Australian shares fell on Monday following a late drop by mining stocks while financials constituted the biggest drag ahead of a widely expected interest rate cut by Australia's central bank the next day. The S&P/ASX 200 index fell 0.4% or 27.8 points to
Japan's Nikkei average had the best month in a year although it fell on Monday after news that the US administration is considering delisting Chinese companies from US exchanges. Analysts said Japanese shares are generally more sensitive to China's econom
US stocks rose on Monday, helped by surges in Apple and Merck & Co as investors set aside worries about the US-China trade war. Shares of Apple rose 2.4% after Chief Executive Officer Tim Cook told a German daily that sales of the company's newest iPhones
Sri Lankan shares ended weaker on Monday, falling for the second straight session, while the rupee ended weaker on dollar demand from banks. The index rose for the past two sessions through Thursday, after the central bank said on Tuesday that the Monetar
Southeast Asian stock markets fell on Monday as fears of an escalation in the Sino-US trade war loomed after news that Washington was considering de-listing Chinese companies from US stock exchanges. The US administration is considering de-listing Chinese
Stocks in mainland China fell to their lowest in almost a month on Monday on news that the United States may curb Chinese companies' access to US capital markets, stoking fears of a major escalation in their year-long trade war. At close, the Shanghai Com
Hong Kong shares firmed on Monday, driven by AB InBev's Asia-Pacific unit which rallied on its debut, but posted their worst quarter in four years as local unrest and Sino-US tariff war show no signs of easing. The Hang Seng index closed 0.5% higher at 26
European shares rose on Monday, with a higher open on Wall Street bolstering gains later in the session, while exporters were helped by a decline in the value of the euro. With Wall Street driven by a rally in iPhone maker Apple, investors seemed to shrug
Indian stock indexes fell on Monday following a raft of negative news in the banking and real estate sectors, with shares in Indiabulls Housing Finance Ltd falling 34%. The broader NSE index ended 0.33% lower at 11,474.45, while the benchmark BSE closed d
Britain's FTSE 100 index closed lower on Monday, weighed by oil majors as concerns over global growth resurfaced due to a weak economic outlook for the world's largest crude importer, China, amid simmering trade tensions with the United States. The export
The US dollar's share of currency reserves reported to the International Monetary Fund fell in the second quarter to its lowest level since the end of 2013, while the yen's share of reserves grew to the largest in nearly two decades, data released on Mond
The dollar found broad support on Monday as global political uncertainty and fears over a widening of the Sino-U.S trade war kept investors in safe harbours ahead of a slew of global economic indicators this week. The greenback was steady against most maj
The euro fell to its lowest in two-and-a-half years against the US dollar on Monday as concerns about euro zone growth weighed on the single currency, while the greenback benefited from seasonal demand and uncertainty arising from the US-China trade war.
The dollar held near recent highs on Monday as uncertainty over the US-China trade war encouraged investors to move into the safety of the greenback, while the New Zealand dollar slid to a 4-year low after business confidence tumbled.
The New Zealand dollar skidded to near four-year lows on Monday after a dismal survey of business confidence suggested the central bank may have to do more to revive growth and investment. The Australian dollar was also weak ahead of an interest rate deci
South Africa's rand weakened on Monday, tracking the euro and other emerging market currencies, as ongoing jitters about the trade dispute between China and the US and faltering euro zone growth dampened demand.
The Philippine peso strengthened the most among its Asian peers on Monday, while most other units traded in a thin range as investors held positions amid reports that Washington may restrict US investments in Chinese firms.
Britain's government on Monday dismissed opposition suggestions that Prime Minister Boris Johnson faces a financial conflict of interest over Brexit after receiving donations from fund managers who may be betting on a fall in the pound.
Chinese President Xi Jinping vowed Monday to uphold the "one country, two systems" principle in Hong Kong, after months of pro-democracy protests in the semi-autonomous city. Speaking at a reception in Beijing the night before celebrations to mark the cou
A factory fire has killed 19 people in east China, local authorities said Monday, in the latest deadly incident to hit the country's industrial sector. The fire broke out on Sunday at a factory in Ninghai county, eastern Zhejiang province, said the local
At least 100 people have died in northern India over the last three days in unusually heavy late monsoon rains which have submerged streets, hospital wards and houses, officials said Monday. Dozens of boats were pressed into service on streets overflowing
Former US Army chief General Mark Milley became the new chairman of the Joint Chiefs of Staff on Monday, taking on the sensitive role as President Donald Trump's top military advisor. "You can rest assured that I will always provide you informed, candid a
The Al-Shabaab militant group claimed responsibility for an attack on a US base in Somalia on Monday, as the European Union confirmed a separate strike against a convoy of Italian advisers. The raid on the base prompted a counter-attack by US forces who s
Two people were killed and several others were injured Monday when strong winds uprooted trees in Central Europe, officials said, as the Czech Republic, Poland and Slovakia issued weather warnings. "Strong wind caused a tree to fall on primary school pupi
The United States on Monday slapped fresh sanctions on a businessman tied to Russian President Vladimir Putin as well as to a disinformation operation accused of conspiring to manipulate the 2018 midterm elections. The financial sanctions, which target Ru
Oil prices fell on Monday on fading concerns of supply shortfalls and conflicts in the Middle East after the September 14 attack on Saudi Arabia, but global benchmark Brent posted its biggest quarterly loss this year on demand fears due to the escalating
China bought more American soyabeans on Monday as the US Department of Agriculture reported stockpiles of the crop were smaller than traders expected, sending futures prices to nine-week highs. Corn futures approached a seven-week high after the USDA repo
Platinum plunged more than 5% and gold shed 2% on Monday, leading a sharp decline across precious metals driven by a soaring dollar, with deficit-hit palladium too giving up some gains from a record rally that saw it breach $1,700 per ounce. Silver slid m
Adviser to chief minister on Environment Barrister Murtaza Wahab on Monday said a complete ban on manufacturing, sale, purchase and use of non-degradable plastic bags of all size has been imposed with effect from October 1, 2019.
FBR's Helpline is a free, fast & reliable service that is committed to provide the very best service to the public. FBR's Helpline not only educates the public but also provides them a forum through which the public can put forward their queries and seek
The Oil and Gas Regulatory Authority (OGRA) has notified an increase in the prices of domestic 11.8kg liquefied petroleum gas (LPG) cylinder by Rs 147.87 and commercial cylinder by Rs 569 for October. In monthly review, the OGRA notified increase in price
Hascol Petroleum Limited (PSX: HASCOL) was incorporated as a private limited company on March 28, 2001 and was converted into a public unlisted company in 2007, while in 2014 Hascol was listed on Pakistan Stock Exchange Limited. The firm was granted an Oi
Hascol Petroleum Limited (PSX: HASCOL) was incorporated as a private limited company on March 28, 2001 and was converted into a public unlisted company in 2007, while in 2014 Hascol was listed on Pakistan Stock Exchange Limited. The firm was granted an Oi
Pakistan's chemical industry along with other sectors of domestic manufacturing industry are witnessing a severe crisis after the notification of SRO 1002(I)/2019 dated September 6, 2019 which has created an unsustainable discrimination against the local
Provincial Finance Minister Makhdoom Hashim Jawan Bakht has said that identification of transparent and standardized educational system is imperative for identifying teachers' qualification in the proposed law with regard to issuance of teaching license.
"Wellbeing of the business community, more meaningful role of the Lahore Chamber in policy corridors and ensuring a good business atmosphere, boost in exports and healthy relations between public and private sectors would be top priorities of the Lahore C
Chairperson TEVTA Ali Salman Siddique met Federal Ministers Sheikh Rashid Ahmed, Shafqat Mahmood and Khusro Bakhtiar in his visit to the Federal capital. In separate meetings with them, matters related to training, skill development and job placements of
Provincial Minister for Industries, Trade and Information Mian Aslam Iqbal has said that textile sector is a backbone of national economy; exports can be enhanced by strengthening this sector. Problems faced by textile sector are being solved on priority
The Pakistan Muslim League-Nawaz (PML-N) on Monday formed a committee to hold consultations with the Jamiat Ulema-i-Islam-Fazl (JUI-F) and other opposition parties before committing to a final date for their anti-government protest. The decision was taken
The first foreign ceramics factory has started construction of one of its kind ceramics unit with an investment of $70 million in Bhalwal Industrial Estate, which is managed by Punjab Industrial Estates.
Punjab Chief Minister Sardar Usman Buzdar has said that special quota for the students of Balochistan has been fixed in educational institutions of Punjab and stipends have also been provided to them for higher education.
Indonesian Ambassador to Pakistan Iwan Suyudhie Amri has said that academic, research, agriculture, food and trade ties between Indonesia-Pakistan will be further strengthened to get benefit from each other experiences.
Senior leader of CNG sector Ghiyas Paracha has been elected as Central Chairman of the All Pakistan CNG Association (APCNGA). He has been working in oil and gas sector since last twenty five years while his insight is taken very seriously in the concerned
The National Accountability Bureau (NAB)Sukkur arrested Khursheed Shah's close aide Zabardast Khan Mahar on late night of Sunday. According to details, Zabardast Khan Mehar was arrested from his residence in NAB's operation conducted near Saleh Putt, Sukk
Dr Amanullah Kassim Machiyara, the unopposed newly-elected Central Chairman of All Pakistan Textile Mills Association (APTMA), has vowed to restore the viability of the textile industry to ensure growth and sustainability. The assurance was given while he
Interior Minister Brigadier Ijaz Shah (retd) during a meeting with German Ambassador Bernhard Schlagheck Monday said that Indian Prime Minister Narendra Modi neither wants dialogue nor does he want any mediator and Pakistan is going to stand firm on Kashm
Entrepreneurship and innovation help boost employment, productivity, and trade, and can drive a nation's economy. The United States Agency for International Development (USAID) is building the future of entrepreneurship in Pakistan by offering Challenge F
Sindh High Court (SHC) on Monday ordered Sui Southern Gas Company (SSGC) to consider the regularization of services of more than one hundred employees, working for the last many years against different posts. A division bench of SHC headed by Justice Muha
State Bank of Pakistan (SBP) Governor Dr Reza Baqir Monday said the country's current IMF program would likely to be the last bailout package if domestic savings and private sector investments are increased besides foreign exchange reserves stabilized.
Punjab Chief Secretary Yousaf Naseem Khokhar on Monday directed the authorities to speed up pace of work on waste to energy project and enhance coordination with the federal government to remove the 'bottlenecks'.
Uber has partnered with TCS, Pakistan's largest and most recognized courier, logistics and e-commerce solutions provider. The new partnership offers exclusive discounts for Uber riders to make commuting to and from TCS retail outlets even more safe and co
Faisalabad Electric Supply Company (FESCO) has directed all Superintending Engineers to ensure that all the applicants of commercial and industrial connection have complied with Section 181 AA of Income Tax Ordinance-2001 which makes it binding on person
Federal Ombudsman Syed Tahir Shahbaz Monday said that necessary support would be provided to all those prisoners that are languishing in jails due to nonpayment of fine for their release and focus would be made on rehabilitation of prisoners including juv
The Senate Standing Committee on Climate Change Monday took stock of the deteriorating environmental standards, especially littering, in the federal capital and summoned mayor of Islamabad Sheikh Ansar Aziz in the next meeting. The committee met in the ch
Businessman Forum Leader and former senator Ilyas Ahmad Bilour has said the incumbent incompetent government has destroyed the economy of the country. Addressing at Annual General Meeting (AGM) of Sarhad Chamber of Commerce and Industry (SCCI) on Monday,
At least four passengers were killed and 12 other sustained injuries when speedy van collided with a trailer near Nooriabad at Jamshoro on Monday. According to police, the passenger van was heading towards Sukkur from Karachi and the incident was occurred
A five-day training workshop on "Resource & Environment Scientific Data Sharing and Disaster Risk Reduction Knowledge" organized by the China-Pakistan Joint Research Centre on Earth Sciences (CPJRC) and Department of Earth Sciences, Quaid-i-Azam Universit
The Senate Standing Committee on Communications on Monday noted that there is widespread perception in the country that the present PTI government has slowed down work on projects under China-Pakistan Economic Corridor (CPEC) by not releasing funds for th
A city magistrate on Monday withdrew bailable arrest warrants of singer Rabi Pirzada after she appeared before the court in case of keeping wild reptiles at home. The court had issued the arrest warrants after she failed to appear despite repeated notices