Economy

  POL prices likely to be cut from April 1

KARACHI: The government is likely to announce a decrease in petroleum price from April 1. Sources said that per liter prices of petrol, diesel, kerosene and light diesel were expected to be cut by Rs1.72, Rs2.90, Rs5.61 and Rs0.16 respectively....

  Pakistan receives third tranche of IMF loan

KARACHI: Pakistan has received the third tranche of loan from the International Monitory Fund (IMF) under Extended Fund Facility (EFF), said a spokesman for the State Bank of Pakistan on Thursday. According to the spokesman, 550 million dollars have ...

  Sindh CNG stations re-open after 48 hours

KARACHI: The CNG stations in Sindh re-opened on Wednesday after official closure of 48 hours. As the CNG stations in the province of Sindh including Karachi re-opened Wednesday morning at 8.00 A.M. after 48 hours of official closure, a long queue of ...

  Oil prices surge

NEW YORK: Oil prices rose solidly on Thursday for a second day running amid worries about curtailed supplies from Nigeria and more signs of strength in the US economy. New York's main contract West Texas Intermediate (WTI) for delivery in May rose 1....

  Argentine teacher strike drags into third week

BUENOS AIRES: Thousands of Argentine teachers clad in white rallied in Buenos Aires on Wednesday as their strike over pay dragged into its third week, shutting millions of schoolchildren out of classrooms. The strike is being observed in half of Arge...

  Zardari wants BB’s jewelry seized in Switzerland back

ISLAMABAD: Former president Asif Ali Zardari wants jewelry of his late wife Benazir Bhutto seized by Swiss authorities back. The PPP leader has applied for the return of the jewelry worth over 300,000 dollars through an offshore company. The governme...

  Dar responds to ‘hue and cry’ over $1.5 bn ‘friendly assistance’

ISLAMABAD: Finance Minister Ishaq Dar has said that a friendly country gave 1.5 billion dollars without any preconditions. “There has been much hue and cry from the opposition but I want to make it clear that there are no hidden objectives behind thi...

  US cuts Pak aid by $10 million to help Ukraine

WASHINGTON: The United States cut $10 million in aid given to Pakistan under the Kerry-Lugar-Berman bill and diverted it Ukraine. Under the Kerry-Lugar-Berman bill Pakistan receives $1.5 billion in US aid. Pakistan’s aid was cut when a key congressio...

  Asia shares edge up as upbeat data brighten US outlook

TOKYO: Asian shares edged higher in early trade on Wednesday on fresh signs of strength in the U.S. economy and diminishing concerns over the diplomatic standoff between the West and Russia. MSCI's broadest index of Asia-Pacific shares outside Japan ...

  Oil prices up in Asia

SINGAPORE: Oil prices rose in Asian trade Wednesday as data showed a better-than-expected jump in US consumer confidence to a six-year high. New York´s main contract, West Texas Intermediate for May delivery, was up 21 cents to $99.40 a barrel in aft...

  Opium production jumps near British base in Afghanistan

The opium-growing area around Britain's main base in Afghanistan nearly quadrupled between 2011 and 2013, the UK government has said. Poppy fields took up 19,136 hectares (47,286 acres) in the district nearest Camp Bastion in Helmand province last ye...

  AWCC acquires license for 3G internet services

Afghan Wireless Communication Company has received necessary permissions to provide customers 3G internet services. Sources say that AWCC paid $25 million to acquire the license. By activating 3G internet services, AWCC would be in a position to offe...

  Low economic growth reported for last year

Economic growth of Afghanistan during the last year has fallen to 3% Rumors about the post 2014 withdrawal of the foreign troops have caused investments to drop, said the Finance Minister. Minister of Finance had last year announced security issues a...

  Facebook buying virtual reality firm Oculus for $2bn

NEW YORK: Facebook said Tuesday it was buying Oculus, a specialist in virtual reality technology, for about $2 billion in cash and shares. Facebook said it would build on Oculus´ technology, including a virtual reality headset aimed at gamers, seekin...

  Reforms spiriting-up masses, business community: SM Muneer‏

TDAP being brought back on track to achieve export targetIslamabad: Chief Executive Officer of the Trade Development Authority of Pakistan (TDAP) SM Muneer on Tuesday said recent moves of the government have encouraged masses and the business communi...

  IMF okays 3rd $555.6 m loan tranche for Pakistan

ISLAMABAD: The International Monetary Fund (IMF) has given a go ahead for the third tranche of 555.6 million dollars for Pakistan under Extended Fund Facility (EFF) programme. The sources of Ministry of Finance told Geo News that the above amount wil...

  Tokyo stocks open 0.51 percent lower

TOKYO: Tokyo stocks opened 0.51 percent lower on Tuesday after a weak performance on Wall Street, as investors remained jittery about tensions between the West and Russia over Ukraine. The Nikkei 225 index was down 73.61 points to 14,401.69 at the st...

  Agreement with India to purchase electricity: Dastagir

LAHORE: Pakistan’s Federal Minister for Commerce and Textile, Khurram Dastagir announced on Tuesday that an agreement had been reached with India to purchase electricity. Speaking with reporters here, Dastagir said trade talks with India had been put...

  Oil prices ease in Asiaian trade

SINGAPORE: Crude prices fell in Asian trade Tuesday after a key petroleum shipping channel in the United States was closed following a collision that resulted in an oil spill. Investors were also waiting for the release Wednesday of weekly crude oil ...

  Commissioner Income Tax remanded in NAB custody

PESHAWAR: A local accountability court on Tuesday remanded a commissioner Income Tax along with associates into the custody of National Accountability Bureau (NAB) over charges of issuing fake cheques of millions of rupees. The NAB presented before t...


«Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 Next»

Feature / Analysis

  • SMOG IN INDIA, CHINA IS CHANGING WEATHER PATTERNS IN US, FINDS STUDY

    Man-made air pollution in Asia is exacerbating climate change and link...

    Read More »

  • Amid construction boom, Myanmar starts to build disaster resilience

    YANGON, Myanmar: The Sule Pagoda Road in downtown Yangon is famous for...

    Read More »

  • EPA scores big win to limit mercury in power plants

    The Environmental Protection Agency took home a sweeping victory Tuesd...

    Read More »

  • Asian Pollution Boosts Pacific Storm Power

    Pollution from China's coal-burning power plants is pumping up winter ...

    Read More »


Opinion

  • Coal Returns to German Utilities Replacing Lost Nuclear

    What’s a beleaguered utility to do when forced by the government to cl...

    Read More »

  • US Is an Oligarchy Not a Democracy, says Scientific Study

    A study, to appear in the Fall 2014 issue of the academic journalPersp...

    Read More »

  • An unequal battle

    WHILE going to the Karachi Press Club to attend a press conference cal...

    Read More »

  • Turtles Change Migration Routes Due to Climate Change

    CAHUITA NATIONAL PARK, Costa Rica : The critically endangered hawksbil...

    Read More »