10th IGATEX Pakistan 2017 exhibition kicks off today
In the backdrop of improved law and order situation of the city, the exhibitors and organizers of international Pakistan textile machinery and...
Russia says regional free trade pact with Iran possible by year-end
A free trade zone agreement between Iran, Russia and several countries that cover the vast Eurasian region spreading from the borders of...
FPCCI urges govt to decrease gas and power tariff for textile industry
Karachi: Vice President, Federation of Pakistan Chambers of Commerce and Industry, Saquib Fayyaz Magoon on Tuesday urged the Federal Government to bring...
Shehbaz terms taxes as a national obligation
LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif said on Monday that payment of taxes was a national obligation whereas government was responsible...
Russia remains biggest supplier of crude oil to China
BEIJING: Russia held its position as China’s top crude oil supplier for the eighth month in a row in October, customs data...
GE shares tumble below $9 as JP Morgan analyst cuts price target
GE shares, which were booted from the blue-chip Dow Jones Industrial Average earlier this year, have now slumped some 50 percent in 2018 alone
Calls mount for new OPEC+ deal as oil prices and demand slide
MOSCOW/DUBAI/LONDON: Oil producers need to resume cooperation in an effort to stabilise the global market, Russian and OPEC officials said, as the...
Market Daily: KSE 100 plunges 707.85 points intraday
LAHORE: The Pakistan Stock Exchange (PSX) did not perform on Tuesday as investors lacked positive triggers. Moreover, sentiments looked bearish as Adviser...
Dollar steady in safe-haven trade, sterling gains slightly on Brexit deal news
The greenback and the yen, both considered safe-haven currencies advanced as traders fear that last week’s capitulation in oil prices suggests that the global economic recovery is losing steam
Right Bank Outfall Drain-II delays increase cost of project to Rs62b
Islamabad: The Senate Standing Committee on Planning, Development and Reform was informed on Thursday that work on the 273km Right Bank Outfall...
Market Daily: KSE 100 continues to rally for third session, gains 271 points
LAHORE: Bulls of the Pakistan Stock Exchange (PSX) showed strength on Thursday as the cement sector advanced. The star sector since the...
Govt urged not to deprive Sindh of its constitutional right in supply of gas
APTMA chief says low gas pressure is causing disturbance in production lines, delays in exports and damages to costly plants and...
U.S. oil extends gains after crude inventories fall
U.S. commercial crude oil inventories fell by 5.8 million barrels in the week to Aug. 17 to 408.36 million barrels, the Energy Information Administration (EIA) said on Wednesday
Petrol prices may rise by Rs1.48 per litre based on OGRA proposal
LAHORE: The Oil and Gas Regulatory Authority (OGRA) on Wednesday recommended a hike of Rs 1.48 per litre in the price of...
Pol products output posts 12.31 percent increase during July-March FY18
The production of high-speed diesel grew 13.56 percent, diesel by 28.10 percent, while furnace oil production witnessed a growth of 6.55 percent