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In The News

India

India News This Week

What’s behind India’s unexpected, whopping 7.7% Q4 GDP growth Everybody expected the fourth quarter of the financial year 2017-18 to shine but nobody anticipated the number to be a whopping 7.7%. Reuters poll of 55 economists predicted the economic growth …

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Pakistan

Pakistan News

Mammoth task: FBR needs to collect Rs661bn more to meet tax target The Federal Board of Revenue (FBR) has so far provisionally collected Rs3.27 trillion in taxes, leaving it with a gigantic task of generating Rs661 billion in the last …

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Shipping

Shipping News

China planning more US coal imports to cut deficit China is considering a plan to buy more American coal as part of an effort to narrow its trade deficit with the US, sources quoted as saying last week. Chinese officials …

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Commodity

Commodity News

World oil prices retreats Oil prices retreated on Friday after strengthening early in the session as US President Donald Trump’s remarks on trade led the dollar to strengthen against other currencies, weakening greenback-denominated commodities including crude. Trump told Canada and …

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Gulf

Gulf News

After continuous fall, Dubai gold prices edge higher Gold prices edged higher for a second session on Thursday as the dollar extended losses after minutes of the latest Federal Reserve meeting hinted at a dovish approach to interest rate hikes …

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India

India News This Week

Congress leader P Chidambaram criticises Modi govt for petrol price hike; claims rate can be cut by Rs 25 per litre Congress leader and former Union Finance Minister P Chidambaram on Wednesday criticised the Centre for the fuel price hike …

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Pakistan

Pakistan News

Indian lobby at WB frustrates Pakistan Pakistan and the World Bank have failed to reach an agreement on a way forward to address the former’s concerns over violation of the Indus Waters Treaty by India, as a strong Indian lobby …

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Shipping

Shipping News

Capesize market’s downside momentum looks to be slowing down The Capesize index has broken support and is now in a corrective phase having made a fresh market low. Downside momentum is showing signs of slowing as we approach the technical …

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Technology

Technology News

PAKISTAN: Check out the Durshal innovation lab in Peshawar in all its glory: Khyber Pakhtunkhwa Information Technology Board (KPITB) has launched its Durshal Innovation Lab in Peshawar. The Lab will provide all the facilities of a technology hub where young …

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Commodity

Commodity News

World oil prices fall $2 per barrel Oil prices fell more than $2 per barrel on Friday as Saudi Arabia and Russia discussed easing production cuts that have helped push crude prices to their highest since 2014. Brent crude futures …

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