Business
Business
Cellular firms ‘fleecing users, evading taxes’
Islamabad: Cellular companies were overcharging their subscribers and possibly evading taxes, the Senate Standing Committee on Information Technology and Telecommunication…
Cotton prices fall on improved supply
Karachi: Higher arrivals of phutti (seed cotton) in Punjab pushed lint prices further lower on Thursday. However, rain and flood…
World Bank forecasts rise in oil prices
Washington: The World Bank has nudged up its 2015 forecast for crude oil prices from $53 per barrel in April…
Ogra completes quorum after two years
Islamabad: Facing legal and regulatory challenges in the petroleum sector, the government on Thursday inducted member finance in the Oil…
Gas tariff hike summary not moved, NA committee told
Islamabad: Amid renewed efforts to open up security-hit areas in Khyber Pakhtunkhwa and tribal region for petroleum exploration, the ministry…
$2.2 billion C/A deficit despite record remittances
Karachi: The country’s current account deficit remained $2.2 billion despite higher dollar inflows and low oil prices during 2014-15, the…
KSE breaches another milestone in post-Eid trading
Karachi: Stocks resumed the rally on the first trading session after the Eid holidays with the KSE-100 index adding 169.02…
UAE to scrap fuel subsidies from August
Dubai: Leading oil producer the United Arab Emirates will scrap subsidies on petrol and diesel from August to cut spending…
Gold slides 1pc to five-year low
London: Gold fell more than 1 per cent to a five-year low on Wednesday as a bounce in the dollar…