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Print - 2019-11-24
THE RUPEE: Slight Fall
Money & Banking

THE RUPEE: Slight Fall

The rupee drifted lower against the dollar on the money market on Saturday in the process of trading activity, dealers said.
Published 24 Nov, 2019 12:00am
Automart: car prices in Karachi
Rates

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (November 23, 2019).

Published 24 Nov, 2019 12:00am
Hides and skin rates
Rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 23, 2019).

Published 24 Nov, 2019 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 23, 2019).

Published 24 Nov, 2019 12:00am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 23, 2019).

Published 24 Nov, 2019 12:00am
The Weather
General News

The Weather

The weather report on Saturday (November 23, 2019) and the forecast for Sunday (November 24, 2019).

Updated 25 Nov, 2019 06:50am
Punjab CM praises boxer Waseem
Other

Punjab CM praises boxer Waseem

Punjab Chief Minister Sardar Usman Buzdar on Saturday congratulated Pakistani boxer Muhammad Waseem on winning the world ranking fight.
Published 24 Nov, 2019 12:00am
CBOT corn futures rise from 2-month low
Commodities

CBOT corn futures rise from 2-month low

Chicago Board of Trade corn futures inched higher on Thursday on technical buying a day after the December contract hit a two-month low, supported by signs of improving demand for US supplies.
Published 24 Nov, 2019 12:00am
Australian dollar hostage to trade outcomes
Money & Banking

Australian dollar hostage to trade outcomes

Analysts doubt the Australian dollar can sustain its recent strength in the near term, but are forecasting a gradual rise over time should the Sino-US trade talks progress to some sort of deal - still a major uncertainty.
Published 24 Nov, 2019 12:00am
Canadian dollar ends week lower
Money & Banking

Canadian dollar ends week lower

The Canadian dollar was little changed against its US counterpart on Friday, unable to reduce this week's decline as oil prices fell and a strike at Canada's biggest railroad threatened to weigh on the country's economic growth.
Published 24 Nov, 2019 12:00am
Swiss exchange to bid for Spanish BME bourse
Stocks

Swiss exchange to bid for Spanish BME bourse

Swiss stock exchange operator SIX said Monday it planned to bid for Bolsas y Mercados Espanoles (BME) to create Europe's third biggest operator, just as pan-European exchange Euronext signalled its own interest in the Spanish firm.
Published 24 Nov, 2019 12:00am
Wall Street rises with US-China trade mood, upbeat data
Stocks

Wall Street rises with US-China trade mood, upbeat data

Wall Street advanced on Friday as both Washington and Beijing made positive comments on the potential for a trade deal between the world's two biggest economies and upbeat domestic economic data helped to ease investor worries.
Published 24 Nov, 2019 12:00am
Eurozone bond yields decline, Bund yields tumble
Stocks

Eurozone bond yields decline, Bund yields tumble

Most euro zone government bond yields fell on Friday after data showed euro zone business growth almost ground to a halt this month while activity in the dominant services industry rose at a much weaker pace than expected.
Published 24 Nov, 2019 12:00am
Nitro Software plans Australian IPO
Stocks

Nitro Software plans Australian IPO

US firm Nitro Software Ltd said on Friday that it plans to raise A$110.2 million ($74.78 million) through an initial public offering (IPO) in Australia, braving a tough local market where several listings have recently been pulled.
Published 24 Nov, 2019 12:00am
China says defector to Australia is 'unemployed' fugitive
World

China says defector to Australia is 'unemployed' fugitive

China sought late Saturday to discredit a man identified as a Chinese spy who defected to Australia with a trove of intelligence on Beijing's political interference operations in Hong Kong and overseas, accusing him of being an unemployed fraudster and fu
Published 24 Nov, 2019 12:00am
Car bomb kills 9 in northern Syria town
World

Car bomb kills 9 in northern Syria town

A car bomb killed nine people including four civilians in a Turkish-held border town in northern Syria on Saturday, a Britain-based war monitor said.
Published 24 Nov, 2019 12:00am
Tens of thousands march in France to condemn domestic violence
World

Tens of thousands march in France to condemn domestic violence

Tens of thousands of people took the streets of Paris and other French cities on Saturday to protest against domestic violence, after more than 130 women are believed to have been killed by their partner or ex-partner in France this year.
Published 24 Nov, 2019 12:00am
China's gasoline exports hit record level
Energy

China's gasoline exports hit record level

China's gasoline exports in October more than doubled from a year ago to a record as refiners' increasing processing runs created a fuel surplus in the domestic market, spurring overseas sales.
Published 24 Nov, 2019 12:00am
Tanzanian anger as aircraft seized in Canada
World

Tanzanian anger as aircraft seized in Canada

An aeroplane being delivered to Tanzania's national airline has been impounded in Canada over a Namibian-born farmer's $33-million compensation claim, Tanzania's foreign minister said Saturday.
Published 24 Nov, 2019 12:00am
Expert concerned at high interest rate
Money & Banking

Expert concerned at high interest rate

Economic & Financial Analyst, Ateeq Ur Rehman has said following the higher interest rate the non performing loan will continue to escalate. State Bank of Pakistan (SBP) on Friday announced to maintain the interest rate unchanged at 13.25 percent which is
Published 24 Nov, 2019 12:00am
WHO includes AMR as one of top 10 threats to global health
Pakistan

WHO includes AMR as one of top 10 threats to global health

"World Health Organisation (WHO) has included Antimicrobial Resistance (AMR) as one of the top ten threats to global health in 2019." This was reiterated by medical practitioners on Saturday in a press briefing at local hotel in connection with the World
Published 24 Nov, 2019 12:00am
Government and its allies on same page: Elahi
Pakistan

Government and its allies on same page: Elahi

Speaker Punjab Assembly Chaudhry Pervaiz Elahi on Saturday said government and allied parties are on same page and he had already told that neither Prime Minister Imran Khan would resign nor the assemblies would be dissolved.
Published 24 Nov, 2019 12:00am
Steps being taken to control inflation: Hafeez
Money & Banking

Steps being taken to control inflation: Hafeez

Advisor to the Prime Minister on Finance Dr Abdul Hafeez Shaikh says the government is taking all important steps to control inflation and improve economic growth rate of the country. Talking to a private news channel, he said the government has minimized
Published 24 Nov, 2019 12:00am
Khaqan to lead Naya Jeevan and doctHERs
Pakistan

Khaqan to lead Naya Jeevan and doctHERs

The Board of Directors at both Naya Jeevan and doctHERs announced that Khaqan Sikander has been appointed as their joint Chief Executive Officer (CEO), effective November 1st, 2019.
Published 24 Nov, 2019 12:00am
CM terms 'Punjab Workers Welfare Fund Act 2019' 'historic'
Pakistan

CM terms 'Punjab Workers Welfare Fund Act 2019' 'historic'

Terming the approval of the Punjab Workers Welfare Fund Act 2019 from Punjab Assembly as a historic step, Chief Minister Sardar Usman Buzdar on Saturday said that implementation of this act will help improve the living standard of industrial workers.
Published 24 Nov, 2019 12:00am
Rulers 'attitude' may derail democracy: Siraj
Pakistan

Rulers 'attitude' may derail democracy: Siraj

Jamaat-e-Islami Chief Senator Sirajul Haq has said that the rulers are crumbling under the weight of their own blunders and are trying to create political instability in the country. Addressing a training workshop of the JI workers at Mansoora on Saturday
Published 24 Nov, 2019 12:00am
HBFC signs MoU with Adamjee Life Assurance
Business & Economy

HBFC signs MoU with Adamjee Life Assurance

The MoU signing ceremony was recently held between House Building Finance Company (HBFC) & Adamjee Life Assurance Co Ltd The MoU was signed by Faisal Murad, Group Head Business & Operations - HBFC and Jalal Meghani, Deputy Managing Director - Adamjee Life
Published 24 Nov, 2019 12:00am
Efforts afoot to improve healthcare system: minister
Pakistan

Efforts afoot to improve healthcare system: minister

The Sindh Local Government Minister Syed Nasir Hussain Shah said that Government of Sindh was making consistent efforts to develop holistic approach to bridge gaps in health services delivery at all levels of primary, secondary and tertiary health care wi
Published 24 Nov, 2019 12:00am
Customs value of garments of low end brands revised
Taxes

Customs value of garments of low end brands revised

Directorate General Customs Valuation (DGCV) has revised the customs values of garments of low end brands of China, Indonesia, Malaysia, UAE, Bangladesh, Sri Lanka, Thailand, Vietnam and other origins under sub-section (7) of section 25 of the Customs Act
Published 24 Nov, 2019 12:00am
Murad for speedy electrification of villages
Energy

Murad for speedy electrification of villages

Sindh Chief Minister Syed Murad Ali Shah presiding over a meeting to review village electrification and gasification has directed energy department to expedite the assigned work to gas and electricity distribution companies so that the benefit of governme
Published 24 Nov, 2019 12:00am
CM enquires after health of Raza, Hassan
Pakistan

CM enquires after health of Raza, Hassan

Sindh Chief Minister Syed Murad Ali Shah visited Aga Khan Hospital and National Institute of Child Health (NICH) to inquire about the recovery of Raza, 40 injured in police firing near Cantt Station and Hassan, 5, bitten by dogs in Larkana.
Published 24 Nov, 2019 12:00am
FPCCI chief highlights importance of GSP Plus
Business & Economy

FPCCI chief highlights importance of GSP Plus

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Engr Daroo Khan Achakzai has urged the government to take all necessary measures in compliance of core international conventions pertaining to social compliance, including huma
Published 24 Nov, 2019 12:00am
PFA seals store for selling adulterated tea leaves
Pakistan

PFA seals store for selling adulterated tea leaves

The Punjab Food Authority has sealed a tea store for selling adulterated tea leaves while carrying out an operation in the walled city here on Saturday. PFA Director General Captain Muhammad Usman (R) said that acting on a tip-off, the PFA team conducted
Published 24 Nov, 2019 12:00am
Gold prices down by Rs 200

Gold prices down by Rs 200

Gold price on Saturday dropped by Rs200 per tola to Rs85650 on the local market, according to traders. Now, the precious metal is selling for Rs73432 per 10 grams and was quoted for $1462 an ounce on the world market. Silver was traded for Rs1000 per tola
Published 24 Nov, 2019 12:00am
Only taxpayers deserve to be respected as VVIP: Dr Khalid
Taxes

Only taxpayers deserve to be respected as VVIP: Dr Khalid

Federal Minister for Information Technology Dr Khalid Maqbool Siddiqui said that only taxpayers should be given the status and respect of VVIP as it is seen in today's modern and civilized world. Traders and businessmen have always paid taxes and that the
Published 24 Nov, 2019 12:00am
Centre releases Rs 160.59 billion under PSDP
Business & Economy

Centre releases Rs 160.59 billion under PSDP

The federal government has released Rs 289.16 billion (41.25 percent) including Rs 53.62 billion foreign aid (41.8 percent) for various ongoing and new development projects under Public Sector Development Program (PSDP) 2019-20 against the total budgeted
Published 24 Nov, 2019 12:00am
Iranian trade delegation visits KCCI
Business & Economy

Iranian trade delegation visits KCCI

Pakistan and Iran can increase their bilateral trade by strengthening the ties between the business communities of two countries and exchange of business delegations, Pakistan and Iranian businessmen noted here on Saturday.
Published 24 Nov, 2019 12:00am
South Korean monks' team visits Pakistan
Pakistan

South Korean monks' team visits Pakistan

Around 60-member delegation of South Korean Buddhist pilgrims led by President of Jogye Order of Korean Buddhism Ven Wonhaeng visited Pakistan from November 16 to November 23, 2019.
Published 24 Nov, 2019 12:00am
Incidents of crime on the rise in Capital
Pakistan

Incidents of crime on the rise in Capital

The incidents of various kinds of theft, carjacking, murder, kidnapping and attempts of murder showed an increase in the federal capital during the current year, depriving citizens of valuables worth millions of rupees.
Published 24 Nov, 2019 12:00am
Government plans to enhance exports: Razak
Cotton & Textile

Government plans to enhance exports: Razak

Advisor to Prime Minister for Commerce Textile & Industrial production and Investment, Abdul Razak Dawood, has stated that government is making policy to increase export and decrease import for the economic stability of the country. He was presiding over
Published 24 Nov, 2019 12:00am
Edotco to develop AJ&K, GB's telecom infrastructure
Telecommunication

Edotco to develop AJ&K, GB's telecom infrastructure

Special Communications Organization (SCO) largest integrated network with multiple layers of backhaul connectivity in Azad Jammu and Kashmir (AJ&K) and Gligit-Baltistan (GB) and Edotco Pakistan (Pvt) Limited, leading integrated telecom infrastructure serv
Published 24 Nov, 2019 12:00am