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In The News

India

India News This Week

Donald Trump’s moves turning deadly for Narendra Modi? Iran nuclear deal walkout spells trouble for India US President Donald Trump on Wednesday walked out on the nuclear deal signed with Iran unleashing uncertainty in an already tight international oil market. …

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Pakistan

Pakistan News

Pak urges to focus on EU, not just China Pakistan, while focusing on the China-Pakistan Economic Corridor (CPEC), should also look beyond in the European Union (EU), amid the scenario evolving in the aftermath of Brexit, which is due next …

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Shipping

Shipping News

Shipping industry braces for new sanctions on Iran The US decision to reinstate sanctions on Iran over its nuclear program, may result in more trade, to and from the Persian Gulf country, on ships controlled by European companies, but credit …

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Commodity

Commodity News

Oil near multi-year highs Oil prices steadied near 3-1/2 year highs on Friday as the prospect of new US sanctions on Iran tightened the outlook for Middle East supply at a time when global crude production is only just keeping …

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Gulf

Gulf News

Shahrukh opens new Kalyan jewellers outlet in bur Dubai The Baadshah of Bollywood, Shahrukh Khan inaugurated a new Kalyan Jewellers showroom in the UAE amidst a sea of fans at Meena Bazaar. The much awaited launch at Bur Dubai witnessed …

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India

India News This Week

Interest rates unlikely to go up further: Dea Secretary Subhash Chandra Garg The finance ministry does not see any scope for further northward movement of interest rates, notwithstanding RBI Deputy Governor Viral Acharya’s signal for hike in repo rate in …

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Pakistan

Pakistan News

Government of Pakistan needs to watch out as CPEC-related debt soars Pakistan has made progress, which is evident from its completion of the International Monetary Fund’s (IMF) bailout programme, but challenges remain as the country maneuvers its way through worrying …

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Shipping

Shipping News

Baltic index falls on broad retreat The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth consecutive session on Tuesday, hurt by weaker rates across all vessel segments. The overall index, …

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Technology

Technology News

PAKISTAN: Optix adds Netflix CDN to its data center to make streaming faster than ever: With the Netflix craze in Pakistan lately – local ISPs are clamoring to improve video streaming for their customers. Together with others, Optix Pakistan has …

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Commodity

Commodity News

World oil hits highest since November 2014 Oil prices rose about 2 percent on Friday, with US crude hitting its highest in more than three years, as global supplies remained tight and the market awaited news from Washington on possible …

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