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In The News

India

India News This Week

TRADE DEFICIT IN THE RANGE OF $100-110B MUMBAI: The country’s trade deficit which improved by 25 per cent in the first nine months of financial year 2016-17 compared to last year, is likely to be in the range of US …

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Technology

Technology News

PAKISTAN: A FEW GOOGLE HOME OWNERS ALREADY HAVE BLUETOOTH ENABLED: At Google I/O 2017, the company proclaimed that it is working to let owners of Google Home use Bluetooth streaming. It will be available soon on Google Home, which lets …

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Shipping

Shipping News

NEWBUILDING ACTIVITY RETURNS BUT ON ‘SNAIL PACE’ It seems that the trend set in 2016, when newbuilding orders hit a multi-year low is going to spill over to 2017 as well, with the majority of ship owners shying away from …

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Gulf

Gulf News

KUWAIT PLANS TO MANAGE ITS OWN ASSETS AS WORLD’S FIFTH LARGEST SOVERIGHT WEALTH Davos, Dubai: Kuwait Investment Authority is planning to manage more of its own assets as the world’s fifth-largest sovereign wealth fund seeks to take more risk to …

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Pakistan

Pakistan News

PKR: LITTLE CHANGES The rupee moved slightly in relation to the dollar on Friday in the process of trading, Kamal Hayder, Research Analyst-PAGE said. The rupee gave up overnight gains in relation to the dollar for buying and selling at …

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Commodity

Commodity News

CHINA SCRAPS MORE THAN 100 POWER PLANTS China has announced plans to cancel more than 100 coal plants currently in development, scrapping what would amount to a massive 120 gigawatts (GW) of coal-fired electricity capacity if the plants were completed. …

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India

India News This Week

DROUGHT HITS SUGAR PRICES IN INDIA The two years of drought and climate-related challenges are creating a whiplash in sugar prices as largest producer Maharashtra struggles to supply the nation. And though as households, we spend only 3% of our …

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Technology

Technology News

PAKISTAN: A FEW GOOGLE HOME OWNERS ALREADY HAVE BLUETOOTH ENABLED: At Google I/O 2017, the company proclaimed that it is working to let owners of Google Home use Bluetooth streaming. It will be available soon on Google Home, which lets …

Read More »

Gulf

Gulf News

NATIONAL BANK OF OMAN Q4 NET PROFIT SLIPS 19.9PC Dubai: National Bank of Oman (NBO), the sultanate’s third-largest lender by assets, posted on Thursday a 19.9 per cent fall in fourth-quarter net profit. The lender made a profit of 13.68 …

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Commodity

Commodity News

OIL RATES STUMBLE AFTER STRONG JUMP IN US CRUDE STOCKS Crude prices slipped Thursday after data showed a stronger-than-expected increase in US crude and distillate fuel stocks at a time when oil exports out of the Middle East are surging. …

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