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Print - 2019-10-13
YOUR RUPEE LAST MONTH
Rates

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (September 02 to 30 2019)

Published 13 Oct, 2019 12:00am
The Weather
General News

The Weather

The weather report on Saturday (October 12, 2019) and the forecast for Sunday (October 13, 2019).

Published 13 Oct, 2019 12:00am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (October 12, 2019).

Published 13 Oct, 2019 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 12, 2019).

Published 13 Oct, 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 (October 12, 2019).

Published 13 Oct, 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 (October 12, 2019).

Published 13 Oct, 2019 12:00am
THE RUPEE: Firm trend
Money & Banking

THE RUPEE: Firm trend

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.
Updated 16 Oct, 2019 06:17am
Exciting National T20 Cup event begins
Other

Exciting National T20 Cup event begins

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
Published 13 Oct, 2019 12:00am
Biles wins record-equalling 23rd worlds medal
Other

Biles wins record-equalling 23rd worlds medal

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.
Published 13 Oct, 2019 12:00am
Sarfraz likely to retain captaincy in Australia T20 series
Other

Sarfraz likely to retain captaincy in Australia T20 series

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
Published 13 Oct, 2019 12:00am
Honduran coffee exports down

Honduran coffee exports down

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
Published 13 Oct, 2019 12:00am
China buys more US soyabeans

China buys more US soyabeans

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.
Published 13 Oct, 2019 12:00am
Nigeria plans to team up with Cameroon to agree cocoa premium

Nigeria plans to team up with Cameroon to agree cocoa premium

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.
Published 13 Oct, 2019 12:00am
USDA trims corn harvest view by less than expected

USDA trims corn harvest view by less than expected

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.
Published 13 Oct, 2019 12:00am
Mills finalise contracts to import cotton
Cotton & Textile

Mills finalise contracts to import cotton

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
Updated 14 Oct, 2019 09:25am
CBOT soyabean futures decline

CBOT soyabean futures decline

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.
Published 13 Oct, 2019 12:00am
Brazil's cane crushing, sugar output jump amid dry weather

Brazil's cane crushing, sugar output jump amid dry weather

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.
Published 13 Oct, 2019 12:00am
Fund investors dump US stocks
Stocks

Fund investors dump US stocks

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
Updated 14 Oct, 2019 09:25am
Optimism on Brazilian stocks on the rise
Stocks

Optimism on Brazilian stocks on the rise

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.
Updated 14 Oct, 2019 09:25am
Gilt yields record biggest jump since 2015
Money & Banking

Gilt yields record biggest jump since 2015

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".
Updated 14 Oct, 2019 09:25am
Gilt yields record biggest jump since 2015
Stocks

Gilt yields record biggest jump since 2015

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".
Updated 14 Oct, 2019 10:54am
Investors hold positions on Asian units
Money & Banking

Investors hold positions on Asian units

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
Updated 14 Oct, 2019 10:51am
Serbia's central bank buys euros
Money & Banking

Serbia's central bank buys euros

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
Updated 14 Oct, 2019 11:26am
Canadian dollar posts 1-month high
Money & Banking

Canadian dollar posts 1-month high

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.
Updated 14 Oct, 2019 10:49am
Dollar skids to 3-month low; sterling rises
Money & Banking

Dollar skids to 3-month low; sterling rises

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.
Updated 14 Oct, 2019 10:42am
Boeing board strips CEO of chairman title amid 737 MAX crisis
Global Business Economy

Boeing board strips CEO of chairman title amid 737 MAX crisis

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
Updated 13 Oct, 2019 05:17am
Finance ministry urges increased farm insurance coverage

Finance ministry urges increased farm insurance coverage

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
Published 13 Oct, 2019 12:00am
China caps volume of wheat to receive price support in 2020

China caps volume of wheat to receive price support in 2020

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
Published 13 Oct, 2019 12:00am
Southern California wildfires burning unchecked
General News

Southern California wildfires burning unchecked

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
Published 13 Oct, 2019 12:00am
Nobel figure Sara Danius dies
General News

Nobel figure Sara Danius dies

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
Published 13 Oct, 2019 12:00am
One wounded in shooting in US church
General News

One wounded in shooting in US church

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
Published 13 Oct, 2019 12:00am
Four dead in New York shooting
General News

Four dead in New York shooting

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
Published 13 Oct, 2019 12:00am
Germany wants Facebook platform access
IT & Computers

Germany wants Facebook platform access

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
Updated 14 Oct, 2019 07:10am
Acting homeland security chief resigns: Trump
General News

Acting homeland security chief resigns: Trump

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
Published 13 Oct, 2019 12:00am
French police use tear gas to break up yellow vest protest
General News

French police use tear gas to break up yellow vest protest

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
Published 13 Oct, 2019 12:00am
Government, FBR accused of delaying fixed-tax regime for traders
Taxes

Government, FBR accused of delaying fixed-tax regime for traders

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
Updated 14 Oct, 2019 11:31am
Opposition divided on Azadi March protest: claims Sarwar
General News

Opposition divided on Azadi March protest: claims Sarwar

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.
Published 13 Oct, 2019 12:00am
Ailing community suffer as medics' strike continues
General News

Ailing community suffer as medics' strike continues

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.
Published 13 Oct, 2019 12:00am
Fazl driven into a corner: Rashid
General News

Fazl driven into a corner: Rashid

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
Published 13 Oct, 2019 12:00am
SMEDA to pick out its CEO in Monday's meeting
Business & Economy

SMEDA to pick out its CEO in Monday's meeting

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.
Published 13 Oct, 2019 12:00am
UAF signs MoU with PTIB
General News

UAF signs MoU with PTIB

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.
Published 13 Oct, 2019 12:00am
Hazara Motorway to become operational in November
Business & Economy

Hazara Motorway to become operational in November

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
Published 13 Oct, 2019 12:00am
Sarhad chamber's nominees for FPCCI poll
Business & Economy

Sarhad chamber's nominees for FPCCI poll

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
Published 13 Oct, 2019 12:00am
Transit trade at Torkham border increases manifold
Business & Economy

Transit trade at Torkham border increases manifold

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
Published 13 Oct, 2019 12:00am
Fall in pulses import stands at $15.875 million

Fall in pulses import stands at $15.875 million

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
Published 13 Oct, 2019 12:00am
Road carpeting work: Councillor collects funds from friends
General News

Road carpeting work: Councillor collects funds from friends

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
Published 13 Oct, 2019 12:00am
E&T Department collects Rs 18.386 billion in Q1
Taxes

E&T Department collects Rs 18.386 billion in Q1

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.
Updated 14 Oct, 2019 11:29am
Poor being murdered economically: Bilawal
General News

Poor being murdered economically: Bilawal

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.
Published 13 Oct, 2019 12:00am
Delay in uplift plans attributed to red-tapism
Business & Economy

Delay in uplift plans attributed to red-tapism

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.
Published 13 Oct, 2019 12:00am
India creating war-like situation at LoC: AJK president
General News

India creating war-like situation at LoC: AJK president

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
Published 13 Oct, 2019 12:00am
National medicine policy to be unfolded next month: Mirza
General News

National medicine policy to be unfolded next month: Mirza

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
Published 13 Oct, 2019 12:00am
Crime rate continues to rise in Centre
General News

Crime rate continues to rise in Centre

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
Published 13 Oct, 2019 12:00am
PSDP 2019-20: Rs 160.59 billion released under PSDP
Business & Economy

PSDP 2019-20: Rs 160.59 billion released under PSDP

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
Published 13 Oct, 2019 12:00am
Non-listed companies' classification criteria revised
Stocks

Non-listed companies' classification criteria revised

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
Updated 14 Oct, 2019 11:27am
Pakistan urges Afghan government to reopen consulate
General News

Pakistan urges Afghan government to reopen consulate

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
Published 13 Oct, 2019 12:00am
Fazl terms PM's China visit 'disappointing'
General News

Fazl terms PM's China visit 'disappointing'

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
Published 13 Oct, 2019 12:00am
Five killed, two hurt in DIK road accident
General News

Five killed, two hurt in DIK road accident

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
Published 13 Oct, 2019 12:00am
Prices of essential kitchen items witness upward trend

Prices of essential kitchen items witness upward trend

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
Published 13 Oct, 2019 12:00am
JUI-F, RAW have same objectives, alleges minister
General News

JUI-F, RAW have same objectives, alleges minister

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.
Published 13 Oct, 2019 12:00am
No compromise on accountability process: Fawad
General News

No compromise on accountability process: Fawad

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)
Published 13 Oct, 2019 12:00am
Firdous asks Fazl to abandon 'Azadi March' plan
General News

Firdous asks Fazl to abandon 'Azadi March' plan

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
Published 13 Oct, 2019 12:00am
Energy efficiency - does anyone care?
Letters

Energy efficiency - does anyone care?

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
Published 13 Oct, 2019 12:00am
Rough road ahead for Abiy after Nobel triumph
Articles

Rough road ahead for Abiy after Nobel triumph

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.
Published 13 Oct, 2019 12:00am
Embattled Trump takes victory lap on China trade deal
Articles

Embattled Trump takes victory lap on China trade deal

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.
Published 13 Oct, 2019 12:00am
Resetting factory settings?
Articles

Resetting factory settings?

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
Updated 14 Oct, 2019 06:57am
Phasing out plastic bags

Phasing out plastic bags

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
Updated 14 Oct, 2019 06:35am
A commendable achievement

A commendable achievement

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
Updated 14 Oct, 2019 06:35am