Karachi outages force Amreli Steel to cut production of rebars by 40 percent
LAHORE: Amreli Steels in a notification sent to the bourse Tuesday informed it was cutting down its production of rebars by 40...
Oil prices touch end-2014 highs, as Saudi backs higher prices
SINGAPORE: Oil prices rose on Thursday to their highest since the end of 2014 as U.S. crude inventories declined and as top...
CPPA plea to reduce tariff for electricity purchased from sugar mills rejected by Nepra
ISLAMABAD: A Central Power Purchasing Agency (CPPA) plea to reduce tariff for electricity purchased from sugar mills has been rejected by National...
PM chairs ECC meeting, accord approvals for power sector
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Prime...
Pakistan’s circular debt surpasses Rs935 billion
ISLAMABAD: Pakistan’s circular debt volume has surpassed Rs935 billion during the PML-N led government since it came into power following 2013 general...
Natural gas production witnesses decline under present govt
ISLAMABAD: The production of natural gas in the country has witnessed a decline, allegedly to facilitate the business of Liquefied Natural Gas...
Market Daily: KSE 100 drops 389.62pts to selling, political pressures Â
LAHORE:Â The KSE 100 index dropped a whopping 389.62 points, and settled at 45682.24 on Monday. Off to a rocky start once again...
Shell Pakistan set to announce new CEO on 24th April
LAHORE: A notification sent to the Pakistan Stock Exchange (PSX) by Shell Pakistan revealed its Chief Executive Officer Jawwad Ahmed Cheema will...
Asian shares mixed, as political risks loom
TOKYO: Shares were mixed in Asia after an upbeat start to the week, with Chinese benchmarks leading decliners. The air strikes on...
Govt contemplating merger of Pakistan LNG Limited, Pakistan LNG Terminal Ltd
ISLAMABAD: The government is contemplating the amalgamation of two state-owned liquefied natural gas (LNG) entities namely Pakistan LNG Terminals Limited and Pakistan...
Asian shares open firm, oil down as Syria fallout seen limited
SYDNEY: Share markets started firmer in Asia on Monday amid relief U.S.-led strikes on Syria looked like being a one-off event that...
Expensive Qatari LNG causing additional burden on masses
ISLAMABAD: Pakistanis are allegedly being deprived of low priced Liquefied Natural Gas (LNG) as the present government continues importing LNG from Qatar...
Syria war, OPEC compliance propping up oil price: IEA
PARIS: Fears of fresh escalation in Syria’s war coupled with compliance with a pledge by the OPEC cartel and Russia to limit...
Saudi’s Aramco world’s most profitable oil company: Report
LONDON: Saudi Aramco is the world’s most profitable oil company, Bloomberg reported on Friday, but its huge earnings and cash flows may...
Hindrances in GE power plants could cause headaches for PML-N
ISLAMABAD: A pledge by Pakistan’s ruling party to end electricity outages ahead of a general election in mid-2018 is being undermined by...