Home / In The News (page 80)

In The News

Commodity

Commodity News

WORLD OIL TO RISE FASTER, US OUTPUT TO HIT A RECORD The Energy Information Administration (EIA) said last week, US domestic output will climb to a record 9.96 million barrels a day in 2018, up from 9.9 million barrels projected …

Read More »

Shipping

Shipping News

GLOBAL’S DIRTIEST FUEL SEEN HOLDING OUT EVEN AS SHIPS CLEAN UP Even as the owners of ships carrying everything from bananas to oil spend billions of dollars to meet tighter clean-air rules, demand to buy the dirtiest fuel will still …

Read More »

Pakistan

Pakistan News

TO HELP PAKISTAN RISE EXPORTS, THESE CIVIL SERVANTS WILL MAKE UP TO RS120,000 MORE The government has decided to hand out large amounts as monthly allowances to bureaucrats, a move which has landed both parties in hot water. Officials serving …

Read More »

India

India News This Week

RICE BASMATI, WHEAT WEAKEN ON REDUCED OFF TAKE New Delhi : Rice basmati and wheat prices fell by up to Rs 100 per quintal at the wholesale grains market today due to reduced off take against sufficient stocks position. Market …

Read More »

Technology

Technology News

PAKISTAN: ZONG ENTERS INTO STRATEGIC PARTNERSHIP WITH UBL: Zong has entered into a strategic partnership with United Bank Limited. The two companies signed an MoU for Mobile Broadband (MBB) under which UBL credit card customers and UBL employees will get …

Read More »

Gulf

Gulf News

UAE’S NEW PROJECTS After weathering the turbulence caused by low oil prices, the UAE has managed a soft landing with non-oil real gross domestic product growth bottoming out as the fiscal drag eased and infrastructure activity picked up, analysts at …

Read More »

Commodity

Commodity News

GOLD LOGS LOWEST END IN A MONTH Gold prices closed on Wednesday at their lowest level in about a month, then fell further in electronic trading as the dollar strengthened against currency rivals following the Federal Reserve’s monetary policy statement. …

Read More »

Shipping

Shipping News

BALTIC INDEX DOWN FOR 11TH STRAIGHT SESSION The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for an eleventh straight session on Wednesday as rates across vessels segments weakened. The overall index, which …

Read More »

Pakistan

Pakistan News

RUPEE STABLE AGAINST DOLLAR: KAMAL The rupee remained stable against the dollar at 104.4/104.6 in the inter-bank market on Friday as compared to Thursday’s close of 104.4/104.6, Kamal Hayder, Research Analyst-PAGE said. The currency market has fluctuated regularly in recent …

Read More »

India

India News This Week

LPG PRODUCTION New Delhi: The government is eyeing close to Rs 30,000-crore investment for expansion of LPG production and distribution network in next three years as it widens cooking gas coverage by giving out a record number of connections. A …

Read More »