Pakistan Banks Association (PBA) has proposed to the Federal Board of Revenue (FBR) to withdraw Super Tax, clear backlog of pending refunds of banking sector, reduce tax rate for banking sector to 29 percent for Tax Year 2019 and make uniform sales tax ra

President Donald Trump on Friday announced a six-month delay in imposing steep tariffs on auto imports, seeking to pressure Europe and Japan into bargaining table concessions on trade.

President Donald Trump on Friday announced a six-month delay in imposing steep tariffs on auto imports, seeking to pressure Europe and Japan into bargaining table concessions on trade.

President Donald Trump on Friday announced a six-month delay in imposing steep tariffs on auto imports, seeking to pressure Europe and Japan into bargaining table concessions on trade.

President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminum imports from Canada and Mexico that had created friction between the neighbors and blocked a new North American free trade agreement. "I''m pleased to announce that

President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminum imports from Canada and Mexico that had created friction between the neighbors and blocked a new North American free trade agreement. "I'm pleased to announce that

President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminum imports from Canada and Mexico that had created friction between the neighbors and blocked a new North American free trade agreement. "I'm pleased to announce that

Pakistan People's Party co-chairman Asif Ali Zardari met Jamiat Ulema-e-Islam (F) chief Maulana Fazl-ur-Rehman on Saturday at latter's residence to mull over the strategy of upcoming anti-government movement. The two political leaders mutually decided to

Pakistan People's Party co-chairman Asif Ali Zardari met Jamiat Ulema-e-Islam (F) chief Maulana Fazl-ur-Rehman on Saturday at latter's residence to mull over the strategy of upcoming anti-government movement. The two political leaders mutually decided to

Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz is formally resuming her political activities on Sunday (today), to play her role in the country's political scene. Maryam, who was keeping mum after the death of her mother and conviction o

Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz is formally resuming her political activities on Sunday (today), to play her role in the country's political scene. Maryam, who was keeping mum after the death of her mother and conviction o

General Qamar Javed Bajwa, Chief of Army Staff (CoAS) Saturday visited Troops on forward posts along Pak-Afghan Border at Dawatoi in NWTD. CoAS was briefed about progress on border fencing, sanitization operation, socio-economic development projects and r

General Qamar Javed Bajwa, Chief of Army Staff (CoAS) Saturday visited Troops on forward posts along Pak-Afghan Border at Dawatoi in NWTD. CoAS was briefed about progress on border fencing, sanitization operation, socio-economic development projects and r

The China-Pakistan Economic Corridor (CPEC) is a living example of the deep-rooted friendship between the two countries and Pakistan is fully determined to ensure the security of the project, Pakistani military spokesperson has said. Major General Asif Gh

The China-Pakistan Economic Corridor (CPEC) is a living example of the deep-rooted friendship between the two countries and Pakistan is fully determined to ensure the security of the project, Pakistani military spokesperson has said. Major General Asif Gh

Prime Minister Imran Khan will undertake a two-day visit to Saudi Arabia from May 30-31 to attend Organisation of Islamic Conference (OIC) summit, besides holding talks with Saudi leadership on issues of mutual interest.

Prime Minister Imran Khan will undertake a two-day visit to Saudi Arabia from May 30-31 to attend Organisation of Islamic Conference (OIC) summit, besides holding talks with Saudi leadership on issues of mutual interest.

Oil and gas reserves have not been found in offshore drilling off Karachi coast, Special Assistant to PM on Petroleum Nadeem Babar said Saturday. The government was hopeful of finding large oil and gas reserves in its territorial waters in the Arabian Sea

Oil and gas reserves have not been found in offshore drilling off Karachi coast, Special Assistant to PM on Petroleum Nadeem Babar said Saturday. The government was hopeful of finding large oil and gas reserves in its territorial waters in the Arabian Sea

Oil and gas reserves have not been found in offshore drilling off Karachi coast, Special Assistant to PM on Petroleum Nadeem Babar said Saturday. The government was hopeful of finding large oil and gas reserves in its territorial waters in the Arabian Sea

The weather report on Saturday (May 18, 2019) and the forecast for Sunday (May 19, 2019).

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 18, 2019).

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (May 18, 2019).

Karachi Yarn Market Rates on Saturday (May 18, 2019).

Karachi Yarn Market Rates on Saturday (May 18, 2019).

Cotton yarn rates in rupees per 10 Lbs on Saturday (May 18, 2019).

Cotton yarn rates in rupees per 10 Lbs on Saturday (May 18, 2019).

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (May 18, 2019)

Paper market rates in rupees on Saturday (May 18, 2019).

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 18, 2019).

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (May 11, 2019).

Karachi Port's world-wide shipping schedule beginning Saturday (May 18, 2019).

Karachi Port's world-wide shipping schedule beginning Saturday (May 18, 2019).

Dollar buying and selling rate in the kerb market in rupees on Saturday (May 18, 2019).

Dollar managed to gain further ground against rupee on the money market on Saturday, dealers said.

Dollar managed to gain further ground against rupee on the money market on Saturday, dealers said.

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Saturday (May 18, 2019).

All timings are in PST (Pakistan Standard Time).

Manchester City completed the first ever domestic treble in English football in emphatic fashion by dispatching Watford 6-0 at Wembley to claim the FA Cup on Saturday.

Robert Lewandowski ended the campaign as the German league's top scorer for the fourth time as Bayern Munich sealed a seventh straight league title on Saturday.

Bayern Munich won a record-extending seventh consecutive Bundesliga title on Saturday after crushing Eintracht Frankfurt 5-1 to finish two points ahead of rivals Borussia Dortmund.

The Pakistan Cricket Board (PCB) on Saturday announced a revised schedule of Pakistan Under-19 cricket team's tour to Sri Lanka, which will now comprise five 50-over matches against Sri Lanka Under-19 in Hambantota from May 26 to June 5.

Ben Stokes's unbeaten 71 rescued England from a top-order collapse as the World Cup hosts and favourites beat Pakistan by three wickets with three balls to spare at Trent Bridge.

Defending champion Rafael Nadal swept past Greece's Stefanos Tsitsipas 6-3, 6-4 to advance to his 50th Masters final and first on clay this season at the Italian Open on Saturday.

The Pakistan Cricket Board (PCB) will be holding talks with Cricket Australia and England and Wales Cricket Board officials regarding the resumption of international cricket in the country.

The world's demand for gold rose in the first three months of 2019 as central banks diversified away from the dollar amid concern over geopolitical instability, the World Gold Council industry body said Thursday.

Palladium will narrow its deficit to 574,000 ounces in 2019 from 821,000 ounces last year while platinum's surplus is seen nearly doubling to 630,000 ounces, research group Metals Focus said on Monday. Palladium, used to reduce emissions in petrol cars, w

Brazil's coffee crop is expected to reach 50.9 million 60-kg bags this year, a volume in the low end of a range between 50.5 million to 54.5 million bags seen in January and 17% off last year's production, government agency Conab said on Thursday.

US farmers planted 30% of the US 2019 corn crop as of Sunday, the slowest pace for mid-May since 2013, the US Department of Agriculture (USDA) reported last week.

Chicago Board of Trade corn futures rose on Thursday for a fourth straight session as dismal weather forecasts signalled further planting delays in the Midwest, prompting commodity funds to cover short positions, analysts said.

Lean business activity was seen on the cotton market on Saturday as leading buyers kept on the sidelines due to lack of fresh leads, dealers said. The official spot rate was lower by Rs 50 to Rs 8600, they added. In the ready session, only 400 bales of co

Ukraine's grain exports have risen to 44.4 million tonnes so far in the 2018/19 season from 35.3 million tonnes at the same point last season, the agriculture ministry said on Thursday.

The lowest offer in the international tender from Tunisia's state grains agency on Wednesday to purchase 75,000 tonnes of soft milling wheat was $195.02 a tonne c&f for optional-origin supplies, European traders said. No purchase has yet been made and res

German bond yields fell back towards more than 2-1/2 year lows on Friday as the collapse of Brexit talks in Britain boosted higher-rated debt and worsened a mood among investors already nervous about trade tensions. Both French and Dutch 10-year governmen

German bond yields fell back towards more than 2-1/2 year lows on Friday as the collapse of Brexit talks in Britain boosted higher-rated debt and worsened a mood among investors already nervous about trade tensions. Both French and Dutch 10-year governmen

The Philippine government raised 750 million euros ($842.33 million) in eight-year euro-denominated bonds in an offering that was six times oversubscribed, a senior finance official said on Friday. The euro bonds issue, which was the country's first in 13

The Philippine government raised 750 million euros ($842.33 million) in eight-year euro-denominated bonds in an offering that was six times oversubscribed, a senior finance official said on Friday. The euro bonds issue, which was the country's first in 13

Foreign investors turned net sellers of Japanese stocks in the week ended May 10 as an escalation of trade dispute between the United States and Japan prompted money outflows from the local markets. Overseas investors sold a net 850.5 billion yen ($7.77 b

United Arab Emirates-based Finablr had to cut the price on its initial public offering as the payments and foreign exchange company faced weak investor demand in jittery markets which also rocked ride-hailing app Uber's Wall Street debut. Finablr was pric

United Arab Emirates-based Finablr had to cut the price on its initial public offering as the payments and foreign exchange company faced weak investor demand in jittery markets which also rocked ride-hailing app Uber's Wall Street debut. Finablr was pric

China is planning to roll back curbs on private share placements by companies to improve their access to funding as part of efforts to ease strains on businesses and the economy, financial magazine Caixin reported on Wednesday. The curbs were put in place

Wall Street ended lower on Friday as continuing trade tensions pulled industrial and tech shares down, and the Dow capped a fourth straight week of losses in its longest weekly losing streak in three years. While all three major US indexes struggled for d

Zambia's currency is expected to continue trading with a bearish tone while the Kenyan shilling is likely to firm and Uganda's currency should remain stable.

Brazil's real weakened beyond 4.10 per dollar for the first time in eight months on Friday, accelerating its slide this week on growing investor concerns over the economy and the government's ability to get its reform agenda through Congress. The dollar r

Speculators reduced their net long US dollar bets in the latest week to the lowest level in about six weeks, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday. The value of the net long dollar positio

The Canadian dollar edged higher against its US counterpart on Friday, recovering from an earlier three-week low after reports that a deal was reached to remove tariffs on its metals that had been imposed by the United States. US officials have agreed to

The vibe at a gathering this week for blockchain enthusiasts felt decidedly less exuberant than its predecessor a year ago after dizzying swings in bitcoin. Last year's Consensus blockchain conference took place just four months after the virtual currency

The dollar rose on Friday as concern about next week's European parliamentary elections dented demand for the euro, while the British pound dropped to a four-month low on worries about Britain's exit from the European Union. The dollar has been favoured a

Germany on Friday authorised battery-powered scooters on its streets and cycle paths but banned them from pavements to protect pedestrians as the two-wheeled craze continues to spread across Europe. Following fierce debate over road safety and the impact

Uzbekistan must combat corruption, liberalise prices and trim its fiscal deficit as it continues economic reforms which ended decades of self-imposed isolation, International Monetary Fund chief Christine Lagarde told Reuters on a visit to Tashkent. The C

Iran has adopted new tactics and new destinations in shipping its oil exports following the re-imposition of US sanctions, a senior Iranian maritime official was quoted as saying on Saturday by the semi-official ILNA news agency. "The Oil Ministry's tacti

Saudi Arabia's Energy Minister Khalid al-Falih said on Saturday that he saw no oil supply shortage as global oil inventories are still rising, particularly from the United States, but OPEC will be responsive to the oil market's needs. Speaking in Jeddah a

British low-cost airline EasyJet said Friday that first-half net losses more than quadrupled due to "tough" market conditions and high fuel costs. The carrier also warned that its second-half performance would encounter turbulence, partly because of Brexi

British low-cost airline EasyJet said Friday that first-half net losses more than quadrupled due to "tough" market conditions and high fuel costs. The carrier also warned that its second-half performance would encounter turbulence, partly because of Brexi

Russia's economy slowed sharply to 0.5 percent growth year-on-year in the first quarter, according to state statistics published Friday, with the government pinning the blame on a VAT hike. The economy ministry had predicted 0.8 growth in the first quarte

Hollywood star Arnold Schwarzenegger was attacked on Saturday by a man who kicked him in the back at a sports event in South Africa that the action hero was hosting. The bodybuilder and former politician was chatting with fans at the Sandton Convention Ce

An ex-CIA officer was sentenced to 20 years in prison Friday for spying for China in a case called part of an "alarming trend" in the US intelligence community. Kevin Mallory, 62, was convicted under the Espionage Act for selling classified US "defense in

The United States said Friday it had approved more than $600 million in sales of air defense missiles to South Korea and Japan as tensions return with North Korea. The State Department said it had approved 94 SM-2 missiles used by ships against air threat

Damascus said it had been informed Iraqi flights to Syria would not resume as planned Saturday after more than seven years, over what it said were "administrative" reasons. Iraq's national carrier, Iraqi Airways, said Thursday it would resume flights to D

A priest was found murdered in his church in a small town west of San Salvador, a police source said Saturday. The Catholic cleric, identified as Cecilio Perez, was found by parishioners in the San Jose La Majada church in Juayua, an agent of El Salvador'

Pope Francis paid tribute on Saturday to journalists killed while doing their jobs, saying media freedom is a key indicator of a country's health. In an address to the Foreign Press Association in Italy, he urged journalists to shun fake news and continue

European Council chief Donald Tusk on Saturday joined thousands at a pro-Europe opposition rally in Warsaw, calling on his fellow Poles to vote against the eurosceptic governing conservatives in this month's EU elections. "You have no choice.... You can't

Nationalist and far-right parties from across Europe held a rally on Saturday, led by Italian Deputy Prime Minister Matteo Salvini, promising to reshape the continent following next week's EU parliamentary election. Salvini, who heads Italy's League party

Adviser to Prime Minister for Commerce, Textile, Industry and Production, and Investment Abdul Razak Dawood said on Saturday that country's economy is improving and the imports declined by $4 billion. Adviser was talking to the media after attending the f

Reacting to PPP Chairman Bilawal Bhutto Zardari's scheduled Iftar dinner on Sunday, Special Assistant to the Prime Minister Firdous Ashiq Awan on Saturday accused opposition politicians of conspiring against the incumbent government in "the name of Iftar"

The Federal Board of Revenue (FBR) is actively working on a long-term tax reforms programme with the objective of raising tax to GDP ratio up to 17 percent in the next five years.

Prime Minister Imran Khan has reiterated that tribal culture, traditions and way of living will remain preserved even after merger with Khyber Pakhtunkhwa. "A committee will be formed to oversee the issues faced by tribal people," he said, addressing the

The Lahore Electric Supply Company (LESCO) has planned to off-day wages and other arrears ahead of Eid. A notification of the Company has directed the employees to submit their claims before 20th of May in order to process them ahead of Eid. No funds woul

The Islamabad High Court (IHC) on Saturday fixed the hearing of appeals of former prime minister Nawaz Sharif and National Accountability Bureau (NAB) against the Al-Azizia and Flagship verdicts on June 19. A two-judge bench comprising Justice Aamir Faroo

Punjab Chief Minister Sardar Usman Buzdar has blamed the previous governments for the bad condition of the country's economy. In a statement, CM Buzdar said that projects for personal exhibition were installed by taking hefty loans which weakened the econ

A Lahore court on Saturday gave Prime Minister Imran Khan's lawyer more time to furnish his reply in Rs100 million defamation suit filed by former interim Punjab chief minister Najam Sethi against him.

As the Ogra, after up to 143 percent hike in gas prices last year, has sought up to 47 percent further increase in the prices of gas for 2019-20, the Pakistan Industrial & Traders Associations Front (PIAF) has criticized the demand, terming it a deal with

Pakistan Peoples Party (PPP) and Pakistan Muslim League-Nawaz (PML-N) have rejected the proposed rise in gas prices by 235 percent. PPP senator Sherry Rehman Saturday said the Oil and Gas Regulatory Authority (Ogra) has proposed pushing up the gas tariff

Punjab Governor Chaudhary Muhammad Sarwar on Saturday hosted an iftar dinner in the honour of more than 5000 labourers, workers and employees of Pakistan Railways. Federal Railway Minister Sheikh Rashid Ahmad with many others participated in the iftar din

The National Electric Power Regulatory Authority (Nepra) has violated its own rules while considering the requests of quarterly adjustments of distribution companies (Discos) on account of variation in Power Purchase Price (PPP) for the quarter July to Se

Managing Director (MD) Technical Education and Vocational Training Authority (TEVTA), Syed Sajjad Ali Shah has said that the standard of education had improved after the establishment of the authority and the preparation of demand-driven workforce has bee

Devastating effects of money laundering on economy are hard to count. It damages not only the financial institutions directly but also country's productive activities in various sectors of economy. Measures are needed but these should not be harmful for t

Minister for State and Frontier Region (SAFRON) Shehryar Afridi Saturday said that Pakistan would celebrate year 2019 as forty years of hospitality of Afghan refugees. Addressing the participants at Afghan refugee camp here, the minister said that Pakista

Federal Minister for Railways Sheikh Rashid Ahmed on Saturday lashed out at political rivals and placed all the blame of present economic crises on "those who had ruled for 40 years." He was responding to the criticism of the opposition parties, who are a

The Compressed Natural Gas (CNG) dealers in Punjab on Saturday announced that they would increase the fuel price by up to Rs3 per kilogramme, citing an increase in dollar price as the reason behind the decision. With the move, the price of RLNG based CNG