FBR forcefully withdraws Rs2bn from PRA’s bank accounts In its desperate effort to come near the downward revised target, the…
Browsing: News
Freight rates on VLCCs and Suezmazes move up Freight rates have risen over the last quarter on VLCCs and Suezmaxes.…
PAKISTAN: Gmail messages ‘read by human third parties’: Google has confirmed that private emails sent and received by Gmail users…
World oil prices mixed Oil was mixed on Friday, with short-covering pushing up US crude futures while Brent slipped on…
UAE Fuel Prices Among Lowest In The World Fuel prices in the UAE, which reached its peak this month since…
India’s Banking Zombies Pose A Problem India’s state banks are beginning to resemble the walking dead. Of 21 government-controlled lenders,…
PKR Stable Against Dollar The rupee remained stable against the dollar at Rs121.4/121.6 in the inter-bank market on Friday compared…
Crude Oil Exports Hit Europe Aframax Rates; VLCCs Cut Clean Tankers Demand US crude oil exports to the Mediterranean and…
Oil Gains On Anticipation Of Sanctions On Iran Oil prices rose on Friday on concern that US sanctions against Iran…
Dubai Gold Prices Drop To 6-Month Low, 22k Priced At Dh144 Gold prices posted a six-month low on Thursday, pressed…
GST Formalising Economy, Widening Tax Base, Says Finance Ministry The Finance Ministry said it would be increasingly difficult for businesses…
Govt To Go After People Hiding Assets From Sep 1,2018 The amnesty scheme provides last chance to overseas and resident…
Speculators Creates Waves In The Asian Bulk Carrier Market Despite the global economic recovery that is keeping shipping demand high…
PAKISTAN: PTCL Achieves ISO Certification For Cloud Infrastructure Services Security: PTCL has become the country’s first telecom operator to achieve…
Oil Jumps As Opec Agrees To Modest Output Hikes Oil prices soared on Friday after oil producers agreed to modest…
Businesses Can Settle Vat Payments At Uae Exchange UAE Exchange has announced that it has started accepting Value Added Tax…
RBI Governor Urjit Patel Says, No Impact On Npas Due To Farm Loan Waivers By States There are no implications…
Kinnow Exports Hit Register High At 370,000 Tons Pakistan’s kinnow exports touched a record high at 370,000 tons in the…
Container Shippers And Lines Battle Over Emergency Bunker Fuel Surcharges Several of the world’s largest container shipping companies have imposed…
PAKISTAN: Asus Unveils Zenbook S Ultra-Portable With A Unique Hinge Design: Apart from announcing laptops with touchscreens instead of touchpads,…
Oil Prices Tumble, Jp Morgan Cuts Price Forecast Oil prices fell on Friday as concerns about surging US output and…
UAE top destination for weddings in Middle East Thanks to luxurious and palatial hotels across the UAE, the country is…
What’s behind India’s unexpected, whopping 7.7% Q4 GDP growth Everybody expected the fourth quarter of the financial year 2017-18 to…
Mammoth task: FBR needs to collect Rs661bn more to meet tax target The Federal Board of Revenue (FBR) has so…
China planning more US coal imports to cut deficit China is considering a plan to buy more American coal as…
World oil prices retreats Oil prices retreated on Friday after strengthening early in the session as US President Donald Trump’s…
After continuous fall, Dubai gold prices edge higher Gold prices edged higher for a second session on Thursday as the…
Congress leader P Chidambaram criticises Modi govt for petrol price hike; claims rate can be cut by Rs 25 per…
Indian lobby at WB frustrates Pakistan Pakistan and the World Bank have failed to reach an agreement on a way…
Capesize market’s downside momentum looks to be slowing down The Capesize index has broken support and is now in a…
PAKISTAN: Check out the Durshal innovation lab in Peshawar in all its glory: Khyber Pakhtunkhwa Information Technology Board (KPITB) has…
World oil prices fall $2 per barrel Oil prices fell more than $2 per barrel on Friday as Saudi Arabia…
DIFC hold talks for enhanced cooperation with China Officials at the Dubai International Financial Centre (DIFC) recently met with delegates…
Four years of NDA: has Modi fulfilled job creation promise? here’s what people’s verdict says “The great Indian election: it’s…
SPI rises 0.31percent The Sensitive Price Indicator (SPI) for the week ended May 17, 2018 registered an increase of 0.93percent…
Panamax index looking bearish The Panamax index is now on the lower range support and at major Fibonacci level. Technically…
World oil prices stay lower Oil prices fell on Friday, but Brent crude was on track for a sixth straight…
Dubai gold prices slip slightly. is it the right time to buy? Gold prices slipped in range-bound trading on Friday…
Donald Trump’s moves turning deadly for Narendra Modi? Iran nuclear deal walkout spells trouble for India US President Donald Trump…
Pak urges to focus on EU, not just China Pakistan, while focusing on the China-Pakistan Economic Corridor (CPEC), should also…
Shipping industry braces for new sanctions on Iran The US decision to reinstate sanctions on Iran over its nuclear program,…
Oil near multi-year highs Oil prices steadied near 3-1/2 year highs on Friday as the prospect of new US sanctions…
Shahrukh opens new Kalyan jewellers outlet in bur Dubai The Baadshah of Bollywood, Shahrukh Khan inaugurated a new Kalyan Jewellers…
Interest rates unlikely to go up further: Dea Secretary Subhash Chandra Garg The finance ministry does not see any scope…
Government of Pakistan needs to watch out as CPEC-related debt soars Pakistan has made progress, which is evident from its…
Baltic index falls on broad retreat The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk…
PAKISTAN: Optix adds Netflix CDN to its data center to make streaming faster than ever: With the Netflix craze in…
World oil hits highest since November 2014 Oil prices rose about 2 percent on Friday, with US crude hitting its…
50 per cent discount on Ramadan groceries starts next week in UAE The Ministry of Economy expects the prices of…
Investment tips: 2019 Lok Sabha elections coming, here’s where you should invest whether Modi loses or wins Indian stocks have…
Chinese project financing will dip to $906mn in fy 2018-19 Project financing from China is expected to dip by more…
First-ever independent audited benchmark for container shipping For the first time ever the global container shipping industry will have an…
PAKISTAN: Uber’s bike-hailing service is now available in Karachi: Uber, the global smartphone app that seamlessly connects riders to drivers,…
Global steel output soars 4pc in March Global crude steel production rose four percent in March as mills in top…
VAT relief for gold on the cards in UAE The UAE’s gold jewellery trade hopes for a surprise in the…
Cash crunch: Modi govt, RBI say no shortage, but SBI research pegs shortfall at whopping Rs 70k cr Even as…
Debt-To-GDP ratio to hit 15-year high in Pakistan Pakistan’s public debt in terms of total size of the economy is…
Dry bulk FFA: panamax in bearish territory Price action in the Panamax index has now entered bearish territory on the…
PAKISTAN: Clickmall’s 1st anniversary “bari bachat sale” is now live: Clickmall is celebrating its 1st anniversary with Bari Bachat Sale. The…
Trump rails against high oil prices, OPEC pushes back US President Donald Trump accused OPEC on Friday of “artificially” boosting…
Why holistic AI policies are the need of the hour Countries that are on the path towards becoming the digital…
Digital transformation to add $154 billion to India’s GDP by 2021, says Microsoft Digital transformation in the country is expected…
Asian Development outlook 2018: Pakistan’s growth to slow down to 5.1pc in fy19: ADB After five years of upward movement,…
Shipping fuel costs to spike 25pc in 2020 on Sulphur Cap Global shipping fuel costs are likely to rise by…
PAKISTAN: Nokia 6 2018 launched in Pakistan: Nokia came back strong to the phone market, on the back of its…
Oil rises, makes largest weekly gain since July Oil prices rose on Friday, making the largest weekly gain since July,…
UAE among 20 least complex tax jurisdictions in the world The UAE is among the 20 least complex jurisdictions in…
India’s manufacturing sector growth falls to 5-month low in March: PMI India’s manufacturing sector activity fell to a five-month low…
Govt removes ban on furnace oil imports as energy demand rises The government has lifted the ban on import of…
Slow and steady recovery for container shipping The outlook for the container shipping market in 2018 and 2019 is a…
PAKISTAN: Govt to set up a $75 million fund for giving loans to entrepreneurs: The government, through State Bank of…
Bahrain takes giant discovery of 80bn barrels of oil Bahrain announced on Wednesday the size of the oil reserves in…
Aldar unveils homes on reem island Aldar Properties on Saturday announced the launch of Reflection – a Dh440 million residential…
CEA Arvind Subramanian says need clear protocol for sharing GST data Chief Economic Advisor Arvind Subramanian made a case for…
Bureaucracy plans to stop fund release without project documents The bureaucracy has finally decided to meet all procedural requirements before…
Greek shipping fleet hits all-time high mark Ongoing tax issues and economic woes at home have failed to slow the…
PAKISTAN: Jazz and PTCL top PTA complaint charts again: Pakistan Telecommunication Authority (PTA) received 2,757 complaints from telecom consumers against…
World oil prices rise Oil prices rose on Thursday as the equities markets rallied and as market participants weighed a…
Adnoc signs dh4.3b concession deals with China oil giant The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday that…
No violation in rs 7,266 crore bid for Binani Cement under IBC: Ultratech Aditya Birla group firm UltraTech Cement on…
Govt plans to scrap sugarcane support price The federal government has decided to do away with the support price mechanism…
Asian ports face $49 billion climate adaptation costs Protecting Asia-Pacific ports against climate change could cost up to US$49 billion,…
PAKISTAN: Jazz commences super 4g experience bus tour: Jazz has commenced a nationwide experience bus tour in promotion of its…
World oil prices surge after us picks new security advisor World oil prices surged Friday as the appointment of ultra-hawkish…
Dubai economy likely to grow at faster pace A strong uptick in the travel and tourism sector supported by projections…
Air India twitter account hacked, later restored Air India’s twitter account was hacked last night by an unknown individual/group and…
Challenges loom for marine fuel change Enforcement may determine demand for low-sulfur maritime fuels required under regulations that take effect…
PAKISTAN: 5 cool uses for your usb drive that donot involve data transfer: In the age of clouds and social…
LME copper may consolidate in $6,889-$6,959 range LME copper may consolidate in a narrow range of $6,889-$6,959 per tonne for…
UAE women ‘press for progress Women today play various crucial roles across different sectors in the UAE, and their contributions…