The weather report on Sunday (September 27, 2015) and the forecast for Monday (September 28, 2015).

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Following currency fluctuations took place in foreign exchange rates during the last week. (September 21 to 23, 2015).

All timings are in PST (Pakistan Standard Time).

Eid-ul-Azha was celebrated on Friday all across the country and Azad Kashmir with great zeal and fervour in commemoration of the supreme sacrifice offered by Hazrat Ibrahim (A.S) and his son Hazrat Ismail (A.S) in fulfilment of the divine order.

Prime Minister Muhammad Nawaz Sharif held wide ranging talks with German Chancellor Angela Merkel, Swedish Prime Minister Stefan Lofven, Sri Lankan President Maithripala Sirisena and Microsoft head Bill Gates on the sidelines of the 70th UNGA Session in N

The climate change is likely to exert adverse impacts on productive resources and ultimately on agricultural productivity of the country, said a resource study on the subject. The study said there is now consensus among the scientific community that Globa

Weather in Lahore turned pleasantly on Sunday as the city was hit by heavy showers, accompanied by hailstorms. Low lying areas of the provincial capital were submerged while roads and streets overflowed with rain water.

Ban on the issuance of Transport Letter (TL) and other issues has brought small arms manufacturing units in Khyber Pakhtunkhwa on verge of closure and livelihood of thousands of skilled work force of the sector.

The company was established in 1972. A dozen years after its founding, it emerged as the first automatic rolling mill of the country. Since then it has been a pioneer in the domestic steel industry many times over. In 1989, it became the first in the dome

The company was established in 1972. A dozen years after its founding, it emerged as the first automatic rolling mill of the country. Since then it has been a pioneer in the domestic steel industry many times over. In 1989, it became the first in the dome

This refers to a Business Recorder news item "Assad must go, but when is negotiable: Kerry" carried by the newspaper. The US Secretary of State has been quoted as saying "Syrian president Bashar al Assad must step down, but not necessarily immediat

Angela Merkel learned early in her political career that taking on the German car industry carries risks.

Goethe once remarked that culture is developed in solitude and character in the stream of events. Jung would have said that the fusion of opposites (Enantiodromia) will lead to harmonious and useful living. In Pakistan we have neither character building n

The policy of reconciliation has been praised and denigrated in this country - praised as its promoters argue that it is designed to ensure the strengthening of democratic norms as well as to ensure unanimity of political opinion on how to deal with myria

The MQM has wisely decided to soften its confrontational stance towards the forces it feels under pressure from. A statement issued by the party co-ordination committee recently said, "just as clemency is being announced for the estranged Baloch people, t

The federal secretary finance, Waqar Masood Khan, while talking to bond investors in the UK stated that the cost of Taliban attacks on the Pakistan economy was as much as 5 billion dollars a year in lost investment but disturbingly added that Islamabad is

Indian Prime Minister Narendra Modi will not only speak to Silicon Valley's biggest executives during his two-day visit to the US tech hub but will also take questions from some of Facebook Inc's 1.5 billion users at a town hall on Sunday.

Iraq, Russia, Iran and Syria have agreed to set up an intelligence committee in Baghdad, a spokesman said Sunday, a further sign of Moscow's growing role in the region's conflict. Iraq welcomed the creation of the cell as a chance to help harmonise often

A coalition led by the United States conducted 20 air strikes against Islamic State in Iraq and three against the militant group in Syria on Saturday, according to a statement released by the Combined Joint Task Force on Sunday. In Iraq, the coalition con

A top US admiral wants the powerful Third Fleet to expand its engagement in the Western Pacific region from its headquarters in San Diego by operating more closely with the Japan-based Seventh Fleet to focus on areas with the "greatest instability".

Air strikes by the Saudi-led coalition killed 23 Houthi rebels and five civilians at a village in north-western Yemen on Sunday, residents said. Coalition helicopters and planes targeted a building used by the rebels at the village of Zaylaa, in Hajja pro

Burkina Faso on Saturday froze the assets of the leader of a failed coup and began to disarm the presidential guard that took the president and prime minister hostage just weeks before elections intended to mark a return to democracy.

On Friday morning, Chinese President Xi Jinping enjoyed the symbolic high point of his first state visit to the United States - a 21-gun salute as he stood with President Barack Obama outside the White House. For most Americans, it was a side-show: the ma

Pakistan Maritime Security Agency (PMSA) arrested three accused of smuggling and seized illegal fine quality liquor and beer cans in a raid on a suspicious boat intercepted at high sea near Makran Coast. The cost of the contraband items in the internation

Sindh Rangers on Friday apprehended an alleged target killer, identified as Rehan alias Behari, during a raid conducted in Surjani Town. A spokesman for Rangers said that the suspected target killer has been identified as sector in charge of Muttahida Qau

Urban development continues to be the most neglected sector in Karachi, the largest cities of Pakistan. Many cities in other parts of the world, even much smaller in size and population than Karachi, have already become 'smart cities'; however, Karachi is

The Tourism Corporation Khyber Pakhtunkhwa (TCKP) in collaboration with Pakistan Railways and Sehrai Travels organised a unique activity to mark the World Tourism Day 2015 by holding a Train Excursion to Attock Khurd.

Inspector General of Sindh Police, Ghulam Haider Jamali Sunday appreciated the Sindh police for making ample security arrangements on the occasion of Eid-ul-Azha. He said that the protection of life and property of people was responsibility of the police

Sindh Governor Dr Ishratul Ebad Khan has urged the nation not to forget the poor, needy and the homeless brethren while celebrating Eid-ul-Azha. The Governor, in his Eid message on Thursday, underlined the need for upholding the spirit of the supreme sacr

Muslims celebrated Eidul Azha with traditional fervour amid improved security situation of Metropolis. The Eid day started with congregations in some 3113 Masajid, 675 Imambargah, and Eidhga, where a large number of worshipers offered special prayers for

The Ummah Welfare Trust (UWT), a Muslim charity organisation, has slaughtered hundreds of sacrificial animals and distributed their meat among the poor, Afghan refugees and internally displaced persons (IDPs) across the country. According to the spokesman

The Chief Executive Officer (CEO), Water and Sanitation Services Peshawar (WSSP) Engineer Muhammad Naeem Khan on Sunday said that a total of 6449 tons of remains of sacrificial animals were disposed-of during the special cleanliness campaign of Eid-ul-Azh

Unlike past, the Saudi authorities would strictly enforce a five-liter quota of Zamzam water for Hajj pilgrims this year. At least 10 million liters of the holy water is expected to be carried away this year, 2015, from holy Makkah where two million pilgr

Commissioner Karachi Shoaib Ahmed Siddiqi met Vice Chancellor Benazir Bhutto Shaheed University Lyari (BBSUL), Professor (Dr) Akhter Baloch during a visit to the varsity, here on Sunday. Other faculty members of the BBSUL and a notable of Lyari community,

Arrests of 356 persons were made across the Sindh province on charges of hides snatching and seized 18,037 hides of sacrificial animals during its endeavour to ensure strict enforcement of code of ethics announced by the Sindh government for hides' collec

Senior leader of Muttahida Qaumi Movement (MQM) Dr Farooq Sattar said here that his party had to stop its operation of collecting hides of sacrificial animals on the second day of Eid-ul-Azha due to what he called `excessive use of force against his party

Most Americans will fall victim to at least one diagnostic error in their lifetime, and when this occurs, it often can be deadly, according to a new report released on September 22 by the Institute of Medicine, which advises the US government and policyma

Children who live near traffic-choked roads run a 30 percent higher risk of developing a very rare type of blood cancer, researchers said. Among the roughly 140 new cases of acute myeloblastic leukemia (AML) in France each year, three can be linked to car

The volume of waste in landfills, a major source of the potent greenhouse gas methane, was grossly underestimated in the United States in 2012, researchers said on September 21. Some 262 million tonnes of garbage - more than double the national estimate b

The oldest signs of heavy metal pollution caused by human activity, dating from the early Stone Age, have been found in caves in Spain and Gibraltar, officials said on September 21.

Making the global switch from climate-altering fossil fuels to renewables by 2050 would require an extra $1 trillion (880 billion euros) per year, but the bill will be covered by lower energy costs, a Greenpeace report said on September 21. On top of some

Outdoor air pollution from sources as varied as cooking fires in India, traffic in the United States and fertiliser use in Russia, claim some 3.3 million lives globally every year, researchers said. The vast majority of victims - nearly 75 percent - died

HIV testing and treatment for pregnant women has reduced new infections among children in Asia by more than a quarter since 2000, but many babies born to mothers with HIV are still not being tested or given life-saving medicines.

Europe has the world's highest rates of drinking and smoking, and more than half its people are too fat, putting them at high risk of heart disease, cancer and other deadly illnesses, health officials warned on September 23.

Apple aims to have an electric car on the road some time in the year 2019, according to a report on Monday in the Wall Street Journal. The Journal report, which cited unnamed sources, came amid persistent rumors that Apple is secretly working to put its i

Digital music streamed from the internet is not only killing off the CD, but is also impacting the hi-fi business. Classical audio systems are giving way to compact digital speakers with wireless connections.

It's hard to miss the plane that sits triumphantly in the midst of a store in Washington's suburbs. But there are no wings, cockpit or motor attached to its shiny fuselage. And the man tinkering with it is neither a professional technician nor an occasion

Instagram has rocketed past the 400-million-user mark, with more than 80 million pictures shared daily at the Facebook-owned service. The number of people sharing pictures and videos each month using Instagram soared from 300 million at the start of this

A standard messaging service relies on either a mobile network or a wireless hotspot to transmit each message, but a movement that is becoming a sensation in the United States is getting round that. Jott has grown fast this year thanks to "mesh networking

An effort to create a computer programme that can distinguish between faces, animals, patterns and other images has had the added bonus of giving Google bragging rights to a viral sensation.

The connected car may be catching everyone's imagination at this year's IAA auto show. But the new technology also brings with it new dangers, such as hacking.

Search engine giant Google and online education company Udacity on Monday launched IT courses in India, branching outside the US to tap the country's millions of software developers scrambling for jobs. The pair teamed with Indian conglomerate Tata to off

Children are going mobile with their video game play, shifting away from computers and consoles, according to a report released on Wednesday by NPD Group.

When a smartphone gets dunked in water, the last thing to reach for is a hair dryer, say German experts, because a dryer can actually push the moisture further into the device's interior. The best thing to do is to get the phone out of the water and turn

New users of Windows 10 get annoyed with the never-ending series of clicks required to access certain settings, so it should be good news that the operating system also has a "secret" start menu allowing far simpler access to these functions. Mouse users

Facebook on Wednesday began rolling out 360-degree viewing at the leading social network, letting people change their perspectives in specially created videos. "We've seen that people enjoy more immersive content in their News Feeds," video engineering di

Clothing retailer Esprit Holdings Ltd lagged forecasts as it swung to a loss for the year ended June 2015, weighed down by a weak euro and a slowdown in Germany and China, but said the world's second-largest economy is a focus for growth this year.

A new Russian law limiting foreign ownership of media has upended the sector, forcing companies to scramble to comply and throwing into doubt the fate of TV channels, glossy mags and news dailies. Adopted swiftly in an atmosphere of increased distrust of

Swiss Re, the world's second largest reinsurance group, announced on September 23 it plans to buy Guardian Financial Services for £1.6 billion (2.2 billion euros, $2.4 billion). The acquisition by Swiss Re's business unit Admin Re from private equity comp

Indebted Kuwaiti financial firm Investment Dar is seeking court approval to help close a 813 million dinar ($2.7 billion) debt restructuring, according to an official document seen by Reuters. The new plan, called Dasman, is designed to overcome minority

A Chinese firm plans to provide investment to launch three housing projects in northern England, Britain's finance ministry said on September 23 as finance minister George Osborne toured China to boost business ties.

The head of Boeing Co's largest union pledged on September 22 to fight for jobs threatened by a proposed Boeing factory in China, stepping up confrontation over the plant as China's president visited the Seattle area. Boeing is battling with rival Airbus

De Beers, the world's largest diamond producer, said on September 21 the economic slowdown in China and a strong US dollar meant a "challenging" year for the industry, while India would be key to future growth. Analysts have said global diamond prices cou

British aircraft services company BBA Aviation Plc said it proposed to buy US competitor Landmark Aviation for $2.065 billion, a deal which would make the combined entity the biggest fixed-base operator in the world.

South Korea's Kim Kyung-tae won the Asia-Pacific Diamond Cup Open by three shots on Sunday to capture his fourth title of the year. The 29-year-old Kim drained a 10-foot birdie putt on the last hole for a final round two-under-par 68 and a winning total o

Kenyan favourite Eliud Kipchoge shrugged off mid-race footwear problems to win the Berlin marathon on Sunday with a personal best time of two hours, four minutes and one second but missed out on a world record by more than a minute. The in-form 30-year-ol

The future of embattled FIFA president Sepp Blatter and his heir-apparent Michel Platini was in play Sunday, as they faced scrutiny by the football world body's ethics committee that could end with suspension.

Poland's Agnieszka Radwanska beat rising star Belinda Bencic 6-2 6-2 in the final of the Pan Pacific Open on Sunday to capture her first WTA title in more than a year and return to the world's top 10 rankings. The 26-year-old Radwanska turned in a near fl

Bangladesh women's cricket team said Sunday they were pushing ahead with matches in Pakistan after receiving assurances about security, becoming the first Bangladesh side to tour its neighbour since a 2009 attack.

South Africa have recalled all-rounder Albie Morkel for the three-match Twenty20 series in India starting on Friday. The 34-year-old replaces David Wiese who will be out for six weeks with a fractured finger, the selectors announced on Saturday.

Frank Tyson, the former England cricketer regarded as one of the fastest bowlers of all time, has died at the age of 85. Tyson, who passed away at a hospital on the Gold Coast, emigrated to Australia after he retired from cricket in 1960, working as a sch

Manchester United topped the Premier League for the first time in two years following a 3-0 victory over Sunderland on Saturday while morning leaders Manchester City crumbled to a 4-1 defeat at Tottenham Hotspur. At the other end of the table, Chelsea wer

Lewis Hamilton won the Japanese Grand Prix on Sunday to equal the late Ayrton Senna's tally of 41 Formula One victories and move 48 points clear of Mercedes team mate Nico Rosberg with five races remaining. On a sunny afternoon at Suzuka, in marked contra

A toothless Real Madrid were held 0-0 at home by 10-man Malaga on Saturday while a Luis Suarez double gave Barcelona a 2-1 victory over Las Palmas. Barca's victory provisionally put them top of La Liga but it came at a cost as Lionel Messi suffered a seri

Left-armer Imad Wasim took four wickets to spin Pakistan to a 13-run victory over Zimbabwe in the first of two Twenty20 internationals at Harare Sports Club on Sunday.

Ireland plans to bring in legislation linking residential rents to the rate of inflation, in a bid to curb soaring rental costs, the Sunday Times reported. Ireland's housing shortage has become a major political issue ahead of elections due in the next si

As world leaders brandish a hard-fought new set of global goals designed to improve lives in all countries, the question of who foots the trillion-dollar bill remained open on Saturday as financial pledges started rolling in.

Volkswagen's own staff and one of its suppliers warned years ago about software designed to thwart emissions tests, two German newspapers reported on Sunday, as the automaker tries to uncover how long its executives knew about the cheating.

Tens of thousands of Moldovans took to the streets on Sunday in the capital Chisinau calling for early elections as the country continues to be rocked by a $1 billion banking scandal. The leftwing organisers of the demo said between 25,000 and 40,000 peop

German salt and fertiliser company K+S is examining prospects for takeovers and the development of mines in Australia and Asia, a German newspaper reported on Sunday, citing a company spokesman.

Global regulators have reached a draft agreement on a rule on stopping banks from being "too big to fail" by requiring them to hold enough equity capital and bonds to avoid taxpayers being called on in a crisis.

Paris staged a car-free day for the first time on Sunday, with large parts of the increasingly polluted French capital taken over by cyclists, joggers and families with pushchairs on roads normally choked by vehicles. The roaring traffic of the world-reno

French economist Thomas Piketty and US Nobel Prize winner Joseph Stiglitz are to be on a new panel advising British Labour leader Jeremy Corbyn, the main opposition party announced Sunday.

Liberia needs two years to regain its economic footing after it was battered by the Ebola epidemic, as it moves to boost access to electricity and infrastructure and diversify the economy, Liberia's president said in an interview on Saturday.

Brazil pledged on Sunday to slash greenhouse gas emissions by 43 percent by 2030 as its contribution to a United Nations climate agreement, but said it will include reductions from past efforts against deforestation to help it reach the target.

While Dubai continues to pump out sumptuous new apartment blocks, for a rising number of expatriates the city no longer offers the luxury lifestyle that lured many foreigners to the Gulf.

The Zambian kwacha is expected to weaken further in the week ahead due to a slowdown in China, a key importer of its commodities, as well as electricity outages.

Colombia was seen offering a generous premium Monday on its new bond deal, trying to lure investors into a benchmark-sized long 10-year amid worries about the price of its main export, oil. The South American country, rated Baa2/BBB/BBB, came out with ini

Colombia was seen offering a generous premium Monday on its new bond deal, trying to lure investors into a benchmark-sized long 10-year amid worries about the price of its main export, oil. The South American country, rated Baa2/BBB/BBB, came out with ini

Investors have voiced doubts over potential conflicts of interest posed by Malaysia's plan for an equity fund to buy "undervalued" shares, reflecting their growing unease as a scandal over an indebted state fund engulfs Prime Minister Najib Razak.

Canada's main stock index ended higher on Friday as concerns about global growth eased and prospects of a US rate hike before the end of the year improved investor sentiment, but the move failed to offset a volatile week, with the market still losing 2 pe

The Thai stock exchange has ditched plans to lure firms from neighbouring countries to launch initial public offerings in Thailand because they struggle to meet accounting and governance standards, a top exchange official said on Tuesday.

United Arab Emirates stock markets edged down in thin trade on Sunday as they reopened after a break for Eidul-Azha, with no major corporate news to move shares and the global market environment slightly negative.

Brazil President Dilma Rousseff on Saturday cited the nation's foreign currency reserves as a backstop to excessive volatility and weakness in the Brazilian real. "Brazil today has sufficient enough reserves to not have any problem, any disruption due to

The US dollar hit its highest in over five weeks against a basket of major currencies on Friday, a day after Federal Reserve Chair Janet Yellen said she expected the central bank to hike rates in 2015, and after US growth data appeared to support such a m

The long era of low sovereign bond yields has at least another year to run as falling inflation and a weak global economic outlook will prevent them from rising much even after the Federal Reserve begins hiking rates, a Reuters poll found.

The long era of low sovereign bond yields has at least another year to run as falling inflation and a weak global economic outlook will prevent them from rising much even after the Federal Reserve begins hiking rates, a Reuters poll found.

Interbank buy/sell rates for the taka against the dollar on Sunday. 77.80-77.80 (previous 77.80-77.80). 05.35-06.50 percent (* Previous 05.35-06.50 percent). (* revised).

US Treasuries prices declined on Friday after Federal Reserve Chair Janet Yellen somewhat revived expectations of an interest rate increase by year-end and data showed the nation's economy grew more than previously estimated in the second quarter.