The rupee managed to retain present levels against the dollar during the week, ended on January 12, 2019. The rupee showed firm trend in terms of the dollar for buying and selling at Rs 138.80 and Rs 139.30. The rupee, however, fell sharply versus the eur

The rupee managed to retain present levels against the dollar during the week, ended on January 12, 2019. The rupee showed firm trend in terms of the dollar for buying and selling at Rs 138.80 and Rs 139.30. The rupee, however, fell sharply versus the eur

British Prime Minister Theresa May on Sunday warned MPs ready to reject her EU divorce deal next week that failing to deliver Brexit would be a "catastrophic and unforgivable breach of trust in our democracy". May is fighting doggedly to save her withdraw

British Prime Minister Theresa May on Sunday warned MPs ready to reject her EU divorce deal next week that failing to deliver Brexit would be a "catastrophic and unforgivable breach of trust in our democracy". May is fighting doggedly to save her withdraw

A Pakistani High Commission official was arrested in New Delhi, kept under unlawful detention and forced to sign on some papers, Aaj News reported on Sunday. The Pakistani official was released after a strong protest lodged from Pakistan government that

Prime Minister Imran Khan will visit Sindh on 25th January to review the party affairs and also meet the leaders of allied and like-minded parties, Aaj News reported on Sunday night.

A private plane carrying Pakistan Peoples Party Chairman Bilawal Bhutto-Zardari and other passengers skidded off the runway while landing at the Benazir International Airport in Islamabad on Sunday. Aaj News reported that Bilawal as well as all other pass

Polling for one vacant seat of Senate from Balochistan will be held at the Provincial Assembly's building in Quetta on Monday (today).

The weather report on Sunday (January 13, 2019) and the forecast for Monday (January 14, 2019).

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. (January 7 to 11, 2019).

All timings are in PST (Pakistan Standard Time).

Matloob Ahmed beats national golfer Muhammad Shabbir to win Bank AL Habib's 8thRashid D. Habib Memorial National Professional Golf Championship with 274 - 14 under. He takes Rs 630,329 as prize money. The final round of Rs 7.2 million prize money golf t

World number one Novak Djokovic revealed his fondness for the Australian Open on Sunday, saying the tournament kickstarted his storied career when he won his first major in Melbourne more than a decade ago. Perhaps prompted by Andy Murray's shock announce

Serena Williams has adopted a low profile ahead of the Australian Open, but rival players admit the American's shadow looms large in Melbourne as she eyes a record-equalling 24th Grand Slam crown. Williams won her 23rd title and seventh at Melbourne Park

Former South Africa star Philemon 'Chippa' Masinga died Sunday aged 49 in a Johannesburg hospital from cancer, the national football association said in a statement. "We have lost a giant of South African football," said football association president Dan

India's Ambati Rayudu has been reported for a suspect bowling action in the first one-day international against Australia, the International Cricket Council said Sunday. The part-time spinner's action was flagged by match officials, citing concerns about

Pakistan Green Kabaddi team defeated India by 40-29 to clinch the title of International Kabaddi Taakra at Punjab Stadium on Sunday. The third place went to Pakistan White team which toppled Iran by a margin of 31-24. Musharraf Janjua and Jaabar Kamboh we

Genki Haraguchi smashed home a controversial penalty as former champions Japan scraped a 1-0 win over Oman to book their place in the last 16 of the Asian Cup on Sunday. Earlier, Almoez Ali plundered four goals for Qatar as the 2022 World Cup hosts hit No

Diego Maradona has been discharged from a Buenos Aires clinic to convalesce at home after surgery for a gastric hemorrhage overnight, his lawyer Matias Morla said on Sunday. The Argentina legend, now 58, was discovered to have minor stomach bleeding durin

India Sunday called up all-rounder Vijay Shankar and batsman Shubman Gill for their Australia and New Zealand tours after KL Rahul and Hardik Pandya were ordered home in disgrace over comments made about women. Rahul and Pandya were axed ahead of India's

A century by Quinton de Kock and a double strike by Dale Steyn kept South Africa on course to complete a series clean sweep on the third day of the third and final Test against Pakistan at the Wanderers Stadium on Sunday. Set to make a daunting 381 to win

Workers who are exposed to pesticides or metals on the job may be significantly more likely to develop cardiovascular diseases, a US study suggests. Researchers examined data on occupational exp osure to solvents, metals and pesticides for 7,404 workers w

Older people with type 2 diabetes may struggle more with verbal memory than their peers without the disease, a recent study suggests. Researchers followed 705 older adults without dementia for an average of 4.6 years. At the start, participants were betwe

The world's oceans are heating up at an accelerating pace as global warming threatens a diverse range of marine life and a major food supply for the planet, researchers said. The findings in the US journal Science, led by the Chinese Academy of Sciences,

GSMA Intelligence, the research and consulting arm of the GSMA, has published the initial results of its latest Consumer Survey, providing a wealth of insight on consumer technology adoption trends set to shape the industry over the coming years. The new

LG on Monday unveiled a roll-up television screen as a trend of bendable displays began taking shape at a consumer electronics extravaganza in Las Vegas. An ultra-high definition LG Signature television that rolls into and out of a base stand - which also

The companies founded by blacksmith John Deere and candle-and-soap-making duo Procter & Gamble may not be the hip purveyors of new technology they were in 1837. But they're first-time exhibitors at this year's CES gadget show, along with other unlikely ne

Electronic displays that fold, roll and bend have finally arrived after years of development, and tech firms are touting the technology as a potential source of growth and new applications. At the Consumer Electronics Show on Monday, South Korean giant LG

US drugmaker Pfizer Inc said on Wednesday it was shutting down two manufacturing plants in India that make generic injectables like penicillin as a response to falling demand. Indian financial newspaper Business Standard reported the news on Tuesday, sayi

A crackdown on corruption in Saudi Arabia has severely dented the kingdom's private jet industry in a sign of the impact the campaign has had on private enterprise and the wealthy elite. Dozens of planes, owned by individuals and charter companies and wor

Volkswagen AG and Ford Motor Co will unveil a deeper alliance this week that goes beyond cooperating in commercial vehicles in a move meant to save the automakers billions of dollars as they develop new technologies, two people familiar with the plan said

Huawei Technologies Co Ltd on Monday launched a new chipset for use in servers, at a time when China is pushing to enhance its chip-making capabilities and reduce its heavy reliance on imports, especially from the United States.

China's Alibaba Group Holding has acquired German data analysis firm Data Artisans, the Berlin-based startup said, in a deal reported to be worth around 90 million euros ($103 million). The transaction marks the first full takeover by a Chinese company on

India's biggest IT services exporter Tata Consultancy Services on Thursday reported record quarterly earnings, buoyed by growth in its banking and financial services division and increased demand in Western markets. Mumbai-based TCS posted a 24.1 percent

India's biggest IT services exporter Tata Consultancy Services on Thursday reported record quarterly earnings, buoyed by growth in its banking and financial services division and increased demand in Western markets. Mumbai-based TCS posted a 24.1 percent

Airbus provisionally hit its main industrial target of 800 aircraft deliveries in 2018 after record handovers in December, two people briefed on the matter said. The final number is subject to ongoing auditing checks, with raw operational data standing on

Most central banks have no plans to issue a digital version of their currency after studies left them unconvinced of the merits of e-money, a survey by the Bank for International Settlements (BIS) showed on Tuesday. Central banks have warned investors the

The US government shutdown on Saturday became the longest in history and is taking a growing bite out of the world's largest economy with each passing day, economists say. While most of the 21 "lapses" in government spending since 1976 left barely a scrat

Egypt has closed four ports on the Red Sea and two on the Mediterranean due to bad weather, officials said on Sunday. The ports of Suez and Zeitiyat were shut in Suez governorate, the Red Sea Ports Authority said. Adabiya and Ain Sokhna ports, in the same

Egypt intends to issue $2 billion worth of Japanese yen-denominated bonds in the coming week, two government sources said, part of up to $7 billion in planned foreign bond offers. Finance Minister Mohamed Maait said his ministry had received cabinet appro

Egypt intends to issue $2 billion worth of Japanese yen-denominated bonds in the coming week, two government sources said, part of up to $7 billion in planned foreign bond offers. Finance Minister Mohamed Maait said his ministry had received cabinet appro

Jordan's prime minister has voiced hope that his country will turn to a growth path, after he briefed the International Monetary Fund on fiscal reforms that have sparked protests at home. Prime Minister Omar al-Razzaz, a Harvard-educated economist who too

For a lucky few, it's the gift that keeps on giving: a Cathay Pacific snafu offering premium tickets at a fraction of their value, for the second time in less than two weeks. On its website Sunday morning, Cathay was offering first-class flights from Lisb

Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday the oil market is "on the right track" and will quickly return to balance, but oil producers are willing to do more if needed. "If we look beyond the noise of weekly data and speculators' herd-

The Asian Development Bank (ADB) said it signed agreements on Sunday with the government of Bangladesh for $200 million in loans to improve the rural road network in the country. Poor infrastructure is often cited as one of the major hindrances to growth

Zimbabweans reacted with outrage Sunday to a sharp rise in fuel prices announced by President Emmerson Mnangagwa in a move to improve supplies as the country struggles with its worst gasoline shortages in a decade. After years of international isolation,

The Lebanese government is "absolutely not proposing" a restructuring of public debt and is committed to paying all maturing debt and interest payments on the predetermined dates, Finance Minister Ali Hassan Khalil said on Sunday. Khalil, speaking after a

China will roll out a series of measures to maintain stable employment this year, the official Xinhua news agency reported on Sunday, citing the country's human resources ministry. China is grappling with the impact of a slowing economy amid a damaging tr

Bank of China's New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales on US e-commerce platforms this year, the official Xinhua news agency reported on Sunday.

Foreigners remained net sellers of Japanese stocks for the fifth straight week that ended on Jan. 4, as concerns about slowing global growth weighed on investor sentiment. In a holiday-curtailed week, overseas investors sold a net 77.34 billion yen ($713.

The US dollar's rally is largely over, according to about two-thirds of currency strategists polled by Reuters who said a dialling-back of rate hike expectations has diminished the greenback's edge over its peers. After racking up its best performance las

Brazil's Bovespa has rocketed to a 6.6 percent gain so far this year, making it the world's second-best performing stock market, but exchange data shows a persistent exodus of foreign capital in the early days of a new market-friendly administration.

Global investors are shoring up portfolios against economic downturn, with plans to cut allocation to publicly listed equities in 2019 in favour of assets such as private equity and real estate, according to the results of a BlackRock survey. Over half th

Global investors are shoring up portfolios against economic downturn, with plans to cut allocation to publicly listed equities in 2019 in favour of assets such as private equity and real estate, according to the results of a BlackRock survey. Over half th

Most Gulf markets closed in positive territory on Sunday but trading volumes were thin as investors awaited company results reporting that will begin this week. In Egypt, the index gained 1.2 percent, but Global Telecom Holding plunged 7 percent after ann

The Philippine central bank on Thursday announced revised rules aimed at liberalising access to foreign exchange from banks and streamlining procedures for FX transactions. The new rules, part of a wider programme of foreign exchange liberalisation that t

US money market fund assets increased for a fifth straight week to their highest level since early 2010, as investors further raised their cash pile due to recent market volatility, a private report released on Wednesday showed. Assets of money market fun

US money market fund assets increased for a fifth straight week to their highest level since early 2010, as investors further raised their cash pile due to recent market volatility, a private report released on Wednesday showed. Assets of money market fun

Extreme volatility in a key funding market for banks as 2018 came to a close should serve as evidence that the US Federal Reserve ought to be prepared to serve as a backstop to prevent the market from seizing up, Bank of America Merrill Lynch analysts sai

Sterling is likely to gain more than 8 percent this year - assuming Britain and the European Union part ways amicably, according to a Reuters poll of foreign exchange strategists. The pound has largely been ignoring economic data, instead swinging wildly

The Russian state's resumption of foreign currency purchases after many months should not increase forex market volatility, the head of the Moscow Exchange said. The central bank will resume daily purchases of foreign currency for the state reserves on th

There could well be a silver lining in all the caution around the stock market as the earnings season approaches: Shares do way better when profit expectations have fallen, and lately, they've been falling like a rock. By at least one measure, this is the

Iran's foreign ministry summoned a senior Polish diplomat to protest at Poland jointly hosting a global summit with the United States focused on the Middle East, particularly Iran, state news agency IRNA reported on Sunday. US Secretary of State Mike Pomp

As the British parliament prepares for a crucial Brexit vote Tuesday, Germany's far right voted Sunday to break a national taboo by campaigning to quit the European Union if its demand for reforms within the bloc are not met. A party congress gathered in

Sudanese police fired tear gas Sunday at crowds of anti-government protesters in Khartoum and war-torn Darfur as organisers called for more nationwide rallies against President Omar al-Bashir this week. The demonstrations in Darfur were the first of their

Iran is taking preliminary steps to design uranium fuel with a purity of 20 percent for reactors instead of having to copy foreign designs, Iran's nuclear chief said on Sunday. Iran's 2015 nuclear accord with world powers caps the level to which it is abl

Cesare Battisti, an Italian former militant captured in Bolivia and convicted of four murders in Italy in the 1970s, will be extradited to Rome "in the coming hours", the Italian government said Sunday. Battisti, who has been sentenced to life in prison,

Reporters Without Borders on Sunday called on those who speak for France's "yellow vest" protesters to condemn numerous attacks and threats against journalists across the country during the latest round of anti-government demonstrations. "A turning point

Greek Prime Minister Alexis Tsipras on Sunday said he would call a confidence vote in his government after his coalition ally quit, leaving him bereft of a parliamentary majority and raising the possibility of snap elections. Earlier, Greece's right-wing

Israel said Sunday it had uncovered all cross-border attack tunnels dug by Hezbollah from Lebanon and will bring its operation to find and destroy them to an end after more than a month. The operation had raised concerns that Hezbollah, the Lebanon-based

Nineteen people were killed while two remain trapped underground after a roof collapse at a coal mine in northern China, state media reported. A total of 87 people were working underground in the Shaanxi province mine at the time of the accident on Saturd

Israel's Energy Minister Yuval Steinitz arrived in Cairo on Sunday to attend a natural gas conference in a rare visit to Egypt by an Israeli official, airport sources said. Jordan and Egypt are the only two Arab states to have full diplomatic ties with Is

Yemeni rebels on Sunday boycotted a meeting chaired by the head of a UN-led ceasefire monitoring team in the flashpoint city of Hodeida, accusing him of pursuing "other agendas". Retired Dutch general Patrick Cammaert is leading a joint committee, which i

The spiritual head of Jamiat Ulema-e-Islam-Fazl (JUI-F) and a renowned scholar Maulana Hamdullah Jan died. He was 104. Also known as Dagai Sheikh among his pupils and followers, he was born in 1914 at Dagai in Swabi district of Khyber Pakhtunkhwa. His fat

Ali Tauqeer Sheikh is the CEO of Leadership for Environment and Development (LEAD) Pakistan. He manages the largest network of professionals on sustainable development in the country, drawn from academia, business and industry, media, civil society organi

Ali Tauqeer Sheikh is the CEO of Leadership for Environment and Development (LEAD) Pakistan. He manages the largest network of professionals on sustainable development in the country, drawn from academia, business and industry, media, civil society organi

Jamaat-e-Islami chief Senator Sirajul Haq has said that the nation wants the solution of problems and not political gimmick. Speaking at JI Central Punjab Shura meeting at the party headquarters Mansoora, Siraj urged that the government must announce redu

Prices of essential food commodities, including vegetable, pulses, chicken meat, eggs, and others have remained high-side in the retail market, said in a survey conducted by Business Recorder here on Sunday. Shopkeepers in the provincial metropolis

Pakistan Peoples Party (PPP) leader Syed Khursheed Shah has said he is not in favour of mid-term elections or in-house change although the incumbent PTI-led government lacks capability, policy and attitude. "New government should be allowed to work and th

Another frustrated Indian Army soldier shot himself dead with his service rifle in Kashmir's south Kulgam district, officials said. An official said that Abishekh Roy Kumar who worked as a wireless operator shot himself at 34 RR camp in Behibagh area of K

Transportation support may increase retention ratio of girls in rural areas in secondary schools. This was discussed in distribution of students' kits among the 50 girls from 7 remote rural villages enrolled in 3 government girls high schools of district

A hunter from USA, who had arrived in Pakistan through a helicopter for hunting Markhor in the limits of Toshi Village Conservation Committee (VCC) in Chitral district, has been able to hunt a 44-inch trophy. Christopher from USA has paid an amount of US$

French Embassy Counsellor for Cooperation and Cultural Affairs Andre de Bussy has said that France and Pakistan are enjoying excellent educational and agricultural ties. He called on University of Agriculture Faisalabad Vice Chancellor Dr Zafar Iqbal Rand

Small and Medium Enterprises Development Authority (SMEDA) is going to implementation of a project establishing 1000 industrial stitching units across Pakistan including Azad Jammu & Kashmir (AJK), Gilgit-Baltistan and erstwhile FATA.

Chief Minister Khyber Pakhtunkhwa Mahmood Khan has directed for the accelerated execution of hydel power generation projects in the province. His government would set up a separate model institution for the CPEC related projects in the province.

The Competition Commission of Pakistan (CCP) may initiate proceedings against Oil Companies Advisory Council (OCAC) for selection/award of Fuel Marketing Contract (FMC) without advertisement, procurement methodology and determining the price of Kerosene i

A joint commission will be constituted shortly to probe and then give report on the rise in air-pollution due to increase of oil and gas fields in Kohat Division. "The commission will probe regarding the air pollution so that a comprehensive strategy may

Member National Assembly Dr Mahesh Kumar Malani said that women of Thar would not have to go out of their home district for Lady Health Workers courses after the establishment of Midwives/Public Health School in Mithi, the Tharparkar district's headquarte

Chaos and shocking brawl erupted on Sunday outside Dr Ruth Pfau Civil Hospital Karachi after thousands of job seekers thronged the health facility for walk-in interviews advertised for different low-scale positions.

Senior Minister Punjab Abdul Aleem Khan has said that it is need of 21st century that relations with neighbouring countries should be promoted on bilateral basis and peace & prosperity should be the priority for the next generation. He expressed these vie

Former Punjab law minister and Pakistan Muslim League-Nawaz (PML-N) leader Rana Sanaullah on Sunday while accusing the National Accountability Bureau (NAB) being biased said that if former Punjab CM and party president Shahbaz Sharif can be arrested then

Governor Sindh, Imran Ismail has said that healthy social and cultural activities promote soft image of the country abroad. He was speaking at concluding ceremony of "Ride for a cause Motorcycle rally" held at Dolmen Clifton on Sunday. Imran Ismail said,

Federal Minister for Information and Broadcast Fawad Chaudhry on Sunday said the PTI government is not facing any challenge as political careers of former prime minister Nawaz Sharif and former president Asif Ali Zardari have come to an end. Talking to th

PML-N leader Ahsan Iqbal has said that people of Pakistan are custodians of the CPEC as a strategic national project. In a press statement, he said that Pakistan doesn't face any economic difficulty due to the CPEC investment on the contrary the CPEC has

Head of Pakistan Awami Tehreek Dr Tahir ul Qadri has said that decisions of Military courts broke backbone of terrorists; if these courts were not given extension, terrorism would bounce back. He said that since past four years, civil rulers took no neces

Sindh Chief Minister Syed Murad Ali Shah on Sunday said he doesn't care a fig for his name added to the Exit Control List (ECL) by the federal government on the recommendations of a Joint Investigation Team (JIT) in the fake bank accounts case. Speaking t

Having corporate delegations from China, Taiwan, Turkey, Malaysia and Germany, the 8th Pak Pharma and Healthcare Expo 2019 Exhibition and Conference will be kicked off tomorrow (Tuesday) here at Expo Centre Lahore.