Economy

  Stolen India Coal Sold at Black Market in Modi’s Backyard

Every night, about 30 tractors loaded with coal arrive at the edge of a forest in eastern India. A fleet of trucks, engines and lights switched off, is waiting to ferry the cargo to the country’s biggest black market for the fuel in Varanasi.Stolen c...

  Where do the latest U.S. sanctions leave Russian oil?

When it comes to bolstering its oil exploration and production, Russia has repeatedly turned to U.S. and other Western companies for help.More than a decade ago, when Russia wanted to halt the steep decline in many of its older oil fields, it brought...

  India Runs Short on Coal, Despite Global Price Slump

India's Coal Imports Aren't Rising Enough to Plug Domestic ShortagesIndia's reliance on domestic coal has left many of its power stations starved for fuel, forcing electricity cuts throughout the country, even as the price of imported coal slumps.Des...

  Marine economy sinks as ocean acidity rises

Research has highlighted the negative effect acidification of oceans can have on marine life, but now fishing communities are waking up to the big threat it poses to their livelihoods.LONDON : The waters off the US state of Alaska are some of the bes...

  Climate change could slash 8.7% from India’s GDP by 2100

The Asian Development Bank warns economic cost of climate change will challenge efforts to lift people out of povertyIndian prime minister Narendra Modi has made clear his priority is economic development.Protecting the environment appears to be a se...

  Climate change to cut South Asia's growth 9 per cent by 2100, Asian Development Bank warns

Climate change will cut South Asia's growth almost 9 per cent by the end of the century unless world governments try harder to counter global warming, the Asian Development Bank (ADB) warns.According to the ADB's report, titled Assessing the Costs of...

  Iran to produce 400,000 electric motorcycles to help reduce air pollution

ISLAMABAD: Iran plans to place 400,000 electric motorcycles and 140,000 hybrid taxi cabs on the market as part of a plan backed by the Oil Ministry to help environment protection, said the managing director of the Iran Fuel Conservation Company (IFCC...

  Market nosedives on political deadlock

KARACHI: Stocks took a sharp plunge on Tuesday as the KSE-100 index fell 222.03 points or 0.77 per cent to close at 28,630.12.The market started on a depressing note over political turmoil and straight away lost 565 points to intra-day low at 28,286....

  NBP profit soars to Rs8.1bn

KARACHI: The National Bank of Pakistan (NBP) earned an after-tax profit of Rs8.1 billion during the first half (January-June) of this calendar, an increase of 42 per cent compared to Rs5.7bn during the year-ago period.The bank recorded a pre-tax prof...

  Dollar rises to Rs101 mark

KARACHI: The US dollar rose 70 paisas in the inter-bank market on Wednesday after which it touched the Rs101.10 mark.Moreover, the Karachi Stock Exchange (KSE) 100-index staggered to the level of 28, 494 after a decline of 162 points in the morning t...

  Inefficiency in Development Projects

Economic commentators discussed the issues confronted by development projects such as the Ainak Copper Mine and the Hajigak Iron Mine, stating that foreign investors have backed out of honoring their initial commitments. In addition, they asserted th...

  Afghanistan running out of cash as poll deadlock drags on

KABUL: The Afghan government is running out of funds despite an influx of millions of dollars in aid as a deadlock over who won the election drives a sharp decline in revenues, already suffering from the drawdown of thousands of foreign troops. The g...

  Major Projects at Standstill

A number of major energy, water and public works projects throughout Afghanistan are inoperative because of the decrease in budget. Officials at the Ministry of Energy and Water (MEW) have said the lack in budget for the projects have both completely...

  Asian shares gain as Ukraine fears recede

HONG KONG: Asian shares rose Tuesday following a bounce on Wall Street as fears ebbed of a direct military clash between Russia and Ukraine and focus turned to a speech this week by the US Federal Reserve chief. Tokyo climbed 0.93 percent, Seoul gain...

  Dollar firm in Asia as Ukraine tensions ease

TOKYO: The dollar held steady in Asia on Tuesday as concerns over a Ukrainian clash with Russia eased, while investors looked to a speech by the US Federal Reserve chief this week. In afternoon Tokyo trade, the greenback rose to 102.62 yen, from 102....

  Oil prices rebound in Asia

SINGAPORE: Oil prices rebounded in Asia Tuesday on bargain-hunting after tumbling on easing concerns about conflicts in Ukraine and Iraq, analysts said. US benchmark West Texas Intermediate (WTI) for September delivery rose 38 cents to $96.79 while B...

  Australia to free some detained asylum-seeker children

SYDNEY: A number of asylum-seeker children held in Australian mainland detention centres are to be released, officials said Tuesday, although hundreds of others will remain locked up in offshore camps. Immigration Minister Scott Morrison said "a larg...

  Google buys travel guide app startup Jetpac

SAN FRANCISCO: Google confirmed Monday it has bought the startup behind a Jetpac mobile application that creates insightful travel guides by analyzing pictures from social networks such as Instagram. Financial terms of the deal were not disclosed. Je...

  Oil prices down in Asian trade

SINGAPORE: Oil prices eased in Asian trade Monday, but retained support from the latest round of tensions between Ukraine and Russia which sparked concerns of a full-scale military conflict, analysts said. US benchmark West Texas Intermediate for Sep...

  FPCCI rejects Imran Khan’s call for civil disobedience

ISLAMABAD: Federation of Pakistan Chamber of Commerce and Industry President Zakariya Usman has rejected Pakistan Tehreek-e-Insaf chairman Imran Khan’s call for civil disobedience on Monday. He said the civil disobedience will undermine the country’s...


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Feature / Analysis

  • The Reason Why Israel Killed so Many Pregnant Women in Gaza

    After five weeks of Israeli bombing and invasion the United Nations re...

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  • While Israel Kill Gaza's Children, Media Shield The Truth About Hamas

    As the people of Gaza find momentary respite to impact of Israel's bru...

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  • The cave dwellers of Bamiyan

    The sandstone cliffs of Afghanistan's Bamiyan province are most famous...

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  • Why America's war in Afghanistan is no victory

    Afghanistan is the only country in the world where American soldiers a...

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Opinion

  • How Can We Destroy Love?

    Love is a serious problem in our world. There is too much of it. So I ...

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  • The Anniversary of Rabaa and Sisi's Genocide

    General Sisi’s military coup claimed that it was put in effect to answ...

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  • National Unity Committee Update

    The National Unity Committee, a joint commission appointed by both pre...

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  • In Afghan election dispute, enter the DC lobbyists

    Afghanistan presidential hopeful Ashraf Ghani is spending nearly $150,...

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