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In The News

Gulf

Gulf News

Ample liquidity in UAE banking as deposits rise Deposits with the UAE banks increased while credit growth remained flat in July, indicating ample liquidity in the local banking sector, according to the Central Bank’s monthly data. The month-on-month rise in …

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India

India News This Week

Two years after demonetisation, over 99% banned notes back; RBI finishes verification Nearly two years after demonetisation, RBI has completed the tasks of processing and verifying banned currency notes. On November 8, the number of Rs 500 and Rs 100 …

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Pakistan

Pakistan News

Week-on-week: SPI decreases 0.63pc The Sensitive Price Indicator (SPI) for the week ended August 30, 2018 registered a decrease of 0.63% for the combined income group, going down from 228.6 points in the prior week to 227.17 in the week …

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Shipping

Shipping News

Conditions ripe for container shipping rates to spike Container spot rates are expected to lift soon on the back of headhaul ships running full on the major trade lanes and cargo being rolled. One unnamed carrier source told UK’s The …

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Technology

Technology News

PAKISTAN: LG unveils curved gaming monitors to compete against Samsung’s offerings: Just like Samsung did recently, LG is using its prowess in the television segment to unveil a new line of curved gaming monitors. The two monitors cater to G-Sync …

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Commodity

Commodity News

World oil prices slip Oil prices slipped on Friday, pressured by renewed concerns that a global trade war could dent energy demand, although impending US sanctions on Iran and falling Venezuelan output limited the decline. Benchmark Brent crude oil LCOc1 …

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Gulf

Gold prices sink to 19-month low amid strong dollar Gold prices shed over one per cent on Thursday to hit their lowest in more than 19 months, with the US dollar holding steady near a recent peak as concerns about …

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India

India-News2

FPIs infuse Rs 8,500-crore in capital markets in just 8 trading sessions Foreign investors have pumped in over Rs 8,500 crore into the Indian capital markets in the last eight trading sessions on improvement in crude oil prices, stabilising rupee …

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Pakistan

Pakistan-News2

Circular debt of Rs1.1trillion passed on to new Govt Though the previous Pakistan Muslim League-Nawaz (PML-N) government claimed to have brought about improvement in power production, it still passed on a gigantic circular debt of Rs1.148 trillion to the new …

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Shipping

Shipping News

ExxonMobil offers bunkering transparency and innovation ExxonMobil has announced that it is the first to supply via an independently accredited mass flow metering system (MFMS) in the Amsterdam-Rotterdam-Antwerp (ARA) region. ExxonMobil Premium HDME 50™ marine fuel is now available through …

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