Stable trend was witnessed on the currency market on Saturday as the rupee managed to hold overnight levels against the dollar on the money market in the process of trading activity, dealers said.
Kenya's Eliud Kipchoge on Saturday made history, smashing the mythical two-hour barrier for the marathon in the "best moment" of his life on a specially prepared course in a vast Vienna park.
Pakistan Socca team coach Kevin Reeves conducted training session for Pakistan team in Crete, Greece on Saturday ahead of their first Socca World Cup match against Slovenia, which will be held on October 14.
The National T20 Cup will be commenced from October 13, 2019 (today) at Faisalabad's Iqbal Stadium. According to details, the tournament returns to the city of Faisalabad after eight seasons and it is expected to keep the spectators on the edge of their s
US gymnastics queen Simone Biles equalled the all-time record of 23 medals at world championships with the 17th world title of her career in the vault final on Saturday.
Pakistan Cricket Board (PCB) is considering a proposal for retaining Sarfaraz Ahmed as Twenty20 International (T20I) skipper for the upcoming series against Australia. Sources claimed that the PCB management is considering different options to pick up a s
Coffee exports from Honduras, Central America's top producer, dropped 5.5% during the 2018/2019 harvesting season and are likely to keep falling in the new season, the national coffee institute IHCAFE said on Tuesday. Honduran exporters shipped a total of
Chinese importers stepped up purchases of US agricultural goods ahead of high-level trade talks in Washington, including another wave of soyabean deals and the country's record largest weekly purchase of American pork, US data showed on Thursday.
Coffee trees all over Brazil's top producing state Minas Gerais have bloomed this week, marking the first major flowering for the new Brazilian coffee crop that could indicate the size of next year's production.
Nigeria aims to team up with Cameroon to agree a premium for their cocoa with buyers, the vice president of the World Cocoa Producers Organisation told Reuters, after top growers Ivory Coast and Ghana moved to boost prices for their crops.
The US Agriculture Department lowered its outlook for the corn harvest by less than most analysts were expecting on Thursday, with yield expectations seen as robust after good weather bolstered crop development during September.
Several mills contracted to import cotton from many countries to keep a balance between demand and supply position, dealers said on the cotton market on Saturday. The official spot rate was higher by Rs 50 to at Rs 8800, they added. In ready session, over
Chicago Board of Trade soyabean futures closed lower on Thursday, erasing early gains and turning down as a slide in corn and wheat futures outweighed supportive data in a monthly US government crop report, traders said.
Mills in Brazil's center-south region increased cane crushing and sugar production in the second half of September, as drier-than-normal weather allowed for a quicker harvesting pace, cane industry group Unica said on Wednesday.
Investors retreated from the US stock market by unloading nearly $11.8 billion from mutual funds and exchange traded funds that hold domestic equities last week, as concerns about the strength of the US economy mounted, according to data released by the I
Investor optimism is on the rebound in Brazil after the government made progress on a pension reform bill, shifted its focus to tax reform and has cut interest rates to record lows, even as Mexico's outlook deteriorates.
British 10-year government bond yields recorded their biggest one-day rise in nearly four years on Thursday after Irish Prime Minister Leo Varadkar said Brexit talks with his British counterpart Boris Johnson had been "very positive".
British 10-year government bond yields recorded their biggest one-day rise in nearly four years on Thursday after Irish Prime Minister Leo Varadkar said Brexit talks with his British counterpart Boris Johnson had been "very positive".
Thailand and Philippine companies are leading a regional pick-up in initial public offerings (IPOs), spurred by growing investor interest in firms focussed on Southeast Asian consumers.
US stocks ended more than 1% higher on Friday though well off the day's highs after the announcement of a partial trade deal between the United States and China. Indexes cut their gains late in the session as the deal was announced amid worries over poten
Investors held onto their positions on Asian currencies in the past two weeks, a Reuters poll showed, due to uncertainty over the outcome of renewed Sino-US trade negotiations. Two weeks ago, investors eased short positions on currencies of trade-reliant
Serbia's central bank bought euros on the local interbank market on Tuesday to stem dinar gains against the euro, dealers said. The bank intervened as the dinar, bolstered by investments, sales of Serbian treasury bonds and corporate demand, traded at 117
The Canadian dollar strengthened to a one-month high against its US counterpart on Friday after domestic data showing a much bigger-than-expected jobs gain in September supported bets for the Bank of Canada to keep interest rates on hold this month.
Facebook's digital currency alliance lost more companies on Friday amid heavy criticism from regulators around the world on the planned Libra global cryptocurrency.
The dollar dropped to a three-month low on Friday, as safe-haven buying eased and risk sentiment improved on optimism about US-China trade negotiations as well as increased chances for an orderly British exit from the European Union.
Economic losses caused by the most extreme weather events, from hurricanes to wildfires, are surging fastest in parts of the world outside the tropics - places that once saw relatively few such disasters, scientists and statisticians have warned. In those
Boeing Co's board has stripped chief executive Dennis Muilenburg of his chairmanship title, in an unexpected strategy shift announced by the US planemaker on Friday only hours after a global aviation panel criticized development of the troubled 737 MAX. S
The International Monetary Fund (IMF) on Friday recommended that Mexico reconsider its position of limiting private companies' cooperation with state-owned oil company Pemex, whose debt is weighing heavily on the government's finances. The administration
Rates to charter oil tankers from the Arab Gulf, United Kingdom and the US Gulf Coast to Asia surged to fresh highs on Friday as global oil traders grappled with a tanker shortage in the aftermath of US sanctions on units of Chinese giant COSCO. Occidenta
China's Ministry of Finance on Saturday published suggestions for improving the country's agricultural insurance to better protect farmers. In a document released on the ministry's website on Saturday but dated September 19, the ministry advocated, among
China said on Saturday it had set the 2020 minimum purchasing price for wheat at 2,240 yuan ($316.08) per tonne, the same level as 2019, but said it will cap the volume it buys from farmers under the guarantee programme. China buys wheat from farmers at t
Gusting winds fueling a fast-moving wildfire in southern California showed no signs of abating Saturday as a blaze that forced the evacuation of some 100,000 people kept burning out of control. A red flag warning of critical fire danger - strong winds and
Swedish scholar Sara Danius, who quit as head of the academy that awards the Nobel literature prize after a sex scandal unveiled by the Metoo movement, has died. The Swedish Academy said on Saturday that Danius, who revealed in 2014 that she was suffering
A gunman opened fire Saturday in a small town church in New Hampshire, wounding one person before being taken into custody, police said. The motive of the shooting and how the shooter was subdued were not known, said Tracey Hanes, dispatcher for the polic
At least four people died and three were wounded in a shooting at an unlicensed private social club in New York early Saturday, police said. No one has been arrested over the early morning shooting in Brooklyn, and the motive and exact circumstances are n
The German government wants US social media giant Facebook to ensure that security forces can gain access to its platforms after it has encrypted them so as to help fight crime. The United States, Britain and Australia urged Facebook in an open letter ear
US President Donald Trump announced late Friday that acting US homeland security chief Kevin McAleenan has resigned, becoming the latest in a long list of top officials to leave the administration. "Kevin McAleenan has done an outstanding job as Acting Se
Scuffles broke out at the start of the weekly "yellow vest" protest in the French southwestern city of Toulouse Saturday, as police used tear gas to break up the march. There were also minor clashes in some of the other protests around France. The Toulous
The Shaikh Ahmad Hassan School of Law (SAHSOL) held a ceremony here on Saturday to mark the inauguration of the Centre for Chinese Legal Studies (CCLS) at LUMS.
Both the ill-intention of the Federal Board of Revenue (FBR) bureaucracy and inefficiency of the government have led to undue delay in issuance of Fixed Tax Regime for traders, causing negligible business transactions in the months of July and August and
Punjab Governor Chaudhry Mohammad Sarwar on Saturday said the opposition parties were divided and also trying to make a conspiracy to divide the people but they would fail as people of the country had already rejected them in general elections.
On the call given by the Doctors Grand Alliance (DGA), doctors and paramedical staff of public sector hospitals on Saturday continued their protest against Medical Teaching Institutions Act to press the government for the acceptance of their demands.
WWF Pakistan, in collaboration with The Coca Cola Foundation has initiated a month-long pilot plastic recovery and recycling project, 'Tackling Plastic Pollution in Pakistan'.
Federal Minister for Railways Sheikh Rashid said on Saturday that Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Fazlur Rehman has been driven into a corner as no consensus has been achieved between him and Pakistan Muslim League-Nawaz (PML-N) president Shahbaz
The Board of Directors of the Small and Medium Enterprises Development Authority (SMEDA) "which is incomplete at present" is going to hold its meeting on Monday (tomorrow) to fill the vacant post of Chief Executive Officer of the Authority.
Punjab Information Technology Board (PTIB) and University of Agriculture (UAF) Faisalabad inked a memorandum of understanding. The MoU was inked by UAF Vice Chancellor Dr Muhammad Ashraf and PTIB Director General (e-Governance) Sajid Latif.
The Friends of Economic and Business Reforms (FEBR), has urged the FBR chairman to bring amendments related to the purchases in income tax returns of retailers, not registered in sales tax as business activities had grinded to a halt due to uncertainty in
As the government's reliance on expensive foreign funding continued to rise, the Pakistan Industrial & Traders Association Front (PIAF) has called for generating cheap funding, which dropped significantly.
Fifty-nine kilometers long E-35, also known as Hazara Motorway which is an important part of China-Pakistan Economic Corridor (CPEC), is all set to be fully operational in the first week of November. Senior officials of the National Highway Authority (NHA
The combined allocation by federal and Khyber Pakhtunkhwa (KP) governments to the erstwhile Federally Administered Tribal Areas (FATA) in the current year is Rs 314 billion. The federal government has allocated Rs 152 billion (the entire amount earmarked
The executive committee of Sarhad Chamber of Commerce and Industry through a unanimous resolution, has nominated former SSCI president and Horticulture Development and Export Company chairman Faud Ishaq and Abidullah Yousafzai, the chamber former VP as ca
Speaker National Assembly Asad Qaiser has underlined the need for enhancing connectivity between the regional countries to counter security threats being faced by the region. He said that terrorism is a common threat to nations which is adversely effectin
KP Chief Minister Mahmood Khan has said that a huge sum of Rs.162 billion has been allocated for newly merged Districts in the current fiscal year that is an almost three time higher than last year. Talking to a delegation in the Chief Minister's House he
Pak-Afghan bilateral and transit trade at Torkham border has registered manifold increase after the opening of the round-the-clock clearance of goods carrying trucks at the border. However, traders on both sides of the border seek more facilities to promo
Telenor Pakistan has reiterated its commitment by promising to give its customers 'More Se Zyada' of everything that matters the most to them while pledging to open doors to new possibilities through its products and services.
The government is required to take additional measures to boost real estate sector, including new incentives to Real Estate Investment Trusts (REITs), revision of Builders and Developers Special Procedures Rules 2019, availability of concessionary credit
Pakistan imported 15.14 percent less pulses to $88.974 million during July-Aug 2018-19, official figures say. Fall in pulses import now stands at $15.875 million during July-Aug 2018-19 from $104.849 million in July-Aug 2017-18, Pakistan Bureau of Statist
Sindh Chief Minister Syed Murad Ali Shah in order to make the ongoing cleanliness drive sustainable has directed local government department to seek proposal from DMCs for undertaking door-to-door garbage collection through local contractors so that Sindh
Taking an initiative to facilitate the area people, a young councillor of Union Committee (UC) 18, North Nazimabad, Mustafa Karani managed to collect Rs 0.4 million funds from his friends for carpeting work at Bilal Street. On Saturday, road carpeting was
An Anti-Terrorism Court (ATC) on Saturday handed six years sentence to 14 accused in 2017 jail break incident. Those handed prison terms and fine were also included Assistant Superintendent Jail Ghulam Murtaza. Two members of a banned terrorist group were
Sindh Excise and Taxation (E&T) Department has collected Rs 18.386 billion during first quarter of current fiscal year. According to details, during July-September 2019, the department has collected Rs 18.386 billion.
The Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari held a rally in Larkana on Saturday against the inflation and unemployment in the country and said that poor people are getting economically murdered.
Chief Secretary Sindh Syed Mumtaz Ali Shah said the provincial government decided to engage community through Public Private Partnership to rehabilitate and make parks sustainable which were cleared from encroachment.
Sindh government's departments are not complying with the rules to send the documents related to uplift schemes in the province to Monitoring & Evaluation Cell (M&EC) of Planning & Development Department in time to inspect the work progress.
Azad Jammu & Kashmir (AJK) President Sardar Masood Khan on Saturday condemned in the strongest terms the unprovoked shelling by Indian forces in different sectors including Neelum valley and the consequential loss of human life and property. In a statemen
The Special Assistant on Health Dr Zafar Mirza on Saturday announced that long-awaited National Medicine Policy will be announced by end of next month. Dr Zafar Mirza, while addressing a seminar in Rawalpindi, predicted that the pharmaceutical sector will
Punjab chief minister Sardar Usman Buzdar Saturday said that the PTI government is determined for bringing improvement in the national economy and to raise the living standard of common man. "There is howling nowadays regarding the march. If march is that
The incidents of various kinds of crimes witnessed an upward trend as over eight cases of car lifting, seven cases of different thefts and three cases of kidnapping were reported to various police stations of the city during the last week. According to da
The federal government has released Rs 160.59 billion (23 percent) including Rs 39.94 billion foreign aid (24 percent) for various ongoing and new development projects under Public Sector Development Program (PSDP) 2019-20 against the total budgeted alloc
The Securities and Exchange Commission of Pakistan (SECP) has revised classification criteria of non-listed companies. The SECP has amended Third Schedule (Classification of Companies) of the Companies Act, 2017 through an SRO 1195(I)/2019. According to t
Pakistan on Saturday rejected the insinuations contained in the statement issued by the Afghan Foreign Ministry regarding a market in Peshawar. "It is deeply regrettable that a distorted and misleading account of the issue and related events has been pres
Emir Jamiat Ulema-e-Islam-Fazl (JUI-F) Maulana Fazlur Rehman while lambasting Pakistan Tehreek-e-Insaf (PTI) government's foreign policy on Saturday said that Pakistan's friends in global community know about the official status of the country's policy on
At least five persons were killed and two other sustained injuries when two motorcycles collided in Dera Ismail Khan on Friday night. According to eye-witnesses, the accident was so severe that all the victims died before getting any medical treatment. Th
Prices of essential kitchen items witnessed an increase during this week past as compared to previous week, a survey conducted by Business Recorder revealed here on Saturday. Traders at wholesale markets of Rawalpindi-Islamabad, which supplies an e
Federal Minister for Aviation Ghulam Sarwar Khan has said agenda of 'Azadi March' is not clear and alleged that objectives of Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman and Indian spy agency Research and Analysis Wing (RAW) are same.
Federal Minister for Science and Technology Fawad Chaudhry said on Saturday that no compromise would be made on accountability process. The minister said that the federal government's policy for the planned protest by the Jamiat Ulema-e-Islam-Fazl (JUI-F)
Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan has claimed that the so-called 'Azadi March' by the Jamiat Ulema-e-Islam-Fazl (JUI-F) on October 31 has been planned for the freedom of thieves and "not for the free
With reference to "NPCC accused of using expensive power plants in August" (BR Oct. 7) and an absurd response from NTDC, justifying use of inefficient furnace oil power plants (BR Oct. 9). This present scenario is typical of our energy sector when we favo
Ethiopian Prime Minister Abiy Ahmed faces stark challenges on the very issues that earned him a Nobel Peace Prize on Friday, and analysts say the coming months may tell whether he can translate this early applause into concrete success.
Engulfed in an impeachment inquiry and other political turmoil, US President Donald Trump on Friday trumpeted the success of his hard-line stance with China, claiming to have scored a major win in the grinding trade war between the economic powers.
Last week, a versatile group of businessmen met with army chief in a five-and-a-half-hour long meeting. The GHQ's message was clear - the present government will complete its tenure so strategize accordingly. Now this week, sentiment is fast changing - bo
There are no two opinions on that this country needs to get rid of the ubiquitous polythene bags and other single-use plastic products, causing harm to human health and the environment. The Gilgit-Baltistan government took the first step in that direction
The Election Commission of Pakistan (ECP) has done some good work to increase women's participation in the electoral process, registering 4.5 million new female voters. According to its Additional Director General, this has been achieved by launching a tw