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In The News

India

India News This Week

BAD CORPORATE DEBT New Delhi: The recent arrest of Vijay Mallya highlighted the problem of bad loans in India, but analysts say the tycoon’s unpaid debts are just the tip of an iceberg that is already holding back the country’s …

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Technology

Technology News

PAKISTAN: PTA INVITED APPLICATION FROM INTERESTED IN ESTABLISHING AN ELECTRONIC PLATTFORM: Pakistan Telecommunication Authority ( PTA ) has invited application from participants interested in establishing an electronic platform that would enable mobile bank account holders to conduct financial transactions across …

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Gulf

Gulf News

RISING OIL PRICES Dubai: World oil market is expected to see a partial recovery in 2017 and 2018 in light of the Opec and non-Opec output cuts of 1.8 million barrels per day, Arab Monetary Fund (AMF) said in its …

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Commodity

Commodity News

GOLD, SILVER RECORD LOWER Gold and silver prices on the Multi Commodity Exchange (MCX) were trading lower in early trade on Thursday on account of weak demand of precious metals from jewellers, retailers and industries. The yellow metal was trading …

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Shipping

Shipping News

DRY BULK MARKET SPRINGS A SURPRISE – BUT SWEATS ON SLOWER 2ND HALF Maritime Strategies International (MSI), a leading independent research and consultancy has forecast a positive short term outlook for dry bulk freight rates, but has cautioned on second …

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Pakistan

Pakistan News

RUPEE GAINS AGAINST DOLLAR The rupee strengthened against the dollar at 104.5/104.7 in the inter-bank market on Friday compared to Thursday’s close of 104.7/104.9, Kamal Hayder, Research Analyst-PAGE said. The currency market has fluctuated regularly in recent months with hefty …

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India

India News This Week

NEW BANK NOTE OF DENOMINATED OF RS200 India’s supreme banking authority, the Reserve Bank of India (RBI), has cleared a proposal to introduce new currency notes of Rs 200 denomination. The RBI board took the decision at the RBI board …

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Technology

Technology News

PAKISTAN: GOOGLE SAYS IT WOULD COST TOO MUCH TO GATHER WAGE GAP DATA: The department of labor will keep bothering Google for the salary records because the tech titan keeps joining the handover. These record can be proved at once and Mountain View …

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Commodity

Commodity News

OIL PULLS BACK AS TRADERS EYE CUSHING BUILD, U.S. CRUDE SUPPLY Oil futures fell on Wednesday, pulling back after eight straight sessions of gains after US crude inventory data suggested the market was still heavily supplied. Traders focused on preliminary …

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Gulf

Gulf News

GCC TO KEEP PACE WITH FED’S TIGHTENING POLICY The gcc’s monetary policy of keeping up with the Joneses is firmly in place. It is steadily tightening, in line with the Federal Reserve’s latest rate increases. On March 16, the bloc’s …

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