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In The News

Shipping

Shipping News

ASIA FUEL OIL-SPREADS FLIP TO CONTANGO AS AMPLE SUPPLIES OVERCOME BULLISH IMPETUS The near-dated market structure of 380-cst fuel oil slipped into contango on Wednesday, erasing steady gains made in the previous week, as ample prompt supplies of the fuel …

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Pakistan

Pakistan News

TENDER FOR NEW POLICE UNIFORM GIVEN IN ACCORDANCE WITH PPRA RULES: LHC SAID The Lahore High Court was informed on Friday that tender for preparing new uniform of Punjab police was given in accordance with the Public Procurement Regulatory Authority …

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India

India News This Week

DAILY REVISION OF PETROL PRICES NEW DELHI: State-run fuel retailers will revise petrol and diesel prices daily in five cities – Chandigarh, Udaipur, Vizag, Puducherry and Jamshedpur – from May 1 as a pilot run before a countrywide rollout to …

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Technology

Technology News

PAKISTAN: IPHONE 8 RELEASE DATE, SPECS, RUMOURS, AND PRICE: Apple has major iPhone redesign planned for 2017, the new iPhone is coming with glass body and edge-to-edge OLED display which include an integrated Touch ID fingerprint sensor and front facing the …

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Gulf

Gulf News

PROTECTIONISM TO HIT GLOBAL ECONOMY-WARNS UAE Economic openness and free markets have been an incentive for the growth of economies, says UAE Economy Minister Protectionist policies would only undermine the growth of investments and negatively impact the prosperity of the …

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Commodity

Commodity News

OIL PRODUCTION VITAL FIGURES IN MARCH 2017 In February, OPEC remained largely compliant with the production cuts, with OPEC 12 production (ex-Gabon) down 1.11 Mbpd compared to October 16. Oman has offered solid support with a production cut of 50,000 …

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Shipping

Shipping News

BALTIC INDEX POSTS BIGGEST DAILY PERCENTAGE DECLINE IN 2 MONTHS The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, registered its biggest one-day percentage fall in about two months, primarily on weaker rates for …

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Pakistan

Pakistan News

CONSUMERS TO FACE ENERGY OUTAGES IN RAMAZAN Pakistan Muslim League-Nawaz (PML-N)’s much-trumpeted election agenda was to eliminate energy shortages from the country. However, four years have gone since the current government came to power, the country is still facing a …

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India

India News This Week

INDIAN FERTILIZER COMPANIES CONCERN OVER 20 PERCENT CUT OF SUBSIDIES MUMBAI: Indian fertilizer companies will soon raise potash prices after the government last week cut subsidies by 20 per cent for the current financial year, officials said. Higher potash prices …

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Technology

Technology News

PAKISTAN FIA ARRESTS THREE IN SOCIAL MEDIA BLASPHEMY CASE: The Federal Investigation Agency (FIA) on Friday arrested three individuals in connection with a case pertaining to the publishing of blasphemous content on social media being heard by the Islamabad High …

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