The Power Division is reportedly considering the proposal of KE for additional power of 123.5 MW from the national grid in place of "expensive" power of M/s Tapal Energy. This emergent situation is being discussed at the ministry in the light of a letter
A meeting of the Economic Coordination Committee (ECC) of the Cabinet has formed a committee for continuation of subsidy of Rs 3 per unit under the Industrial Support Package (ISP). An official claimed that the committee would bring the issue of ISP in th
A meeting of the Economic Coordination Committee (ECC) of the Cabinet has formed a committee for continuation of subsidy of Rs 3 per unit under the Industrial Support Package (ISP). An official claimed that the committee would bring the issue of ISP in th
A meeting of the Economic Coordination Committee (ECC) of the Cabinet has formed a committee for continuation of subsidy of Rs 3 per unit under the Industrial Support Package (ISP). An official claimed that the committee would bring the issue of ISP in th
Almost everyday depressing pieces of news are received about the economy, politics and even sports, said Chief Justice of Pakistan Asif Saeed Khan Khosa. He was addressing additional judges belonging to Model Criminal Trial Courts (MCTC) here at Federal J
Almost everyday depressing pieces of news are received about the economy, politics and even sports, said Chief Justice of Pakistan Asif Saeed Khan Khosa. He was addressing additional judges belonging to Model Criminal Trial Courts (MCTC) here at Federal J
Natural hazards made more likely by climate change, such as flooding and storms, cost poor nations hundreds of billions every year due to crumbling infrastructure, the World Bank said Wednesday. The lender said power and water cuts and traffic disruptions
The rupee failed to keep overnight firmness against the dollar on the money market on Wednesday in the process trading activity, marketmen said. The rupee depreciated by 17 paisas versus the dollar for buying at Rs 156.97 and it also shed 15 paisas for se
The rupee failed to keep overnight firmness against the dollar on the money market on Wednesday in the process trading activity, marketmen said. The rupee depreciated by 17 paisas versus the dollar for buying at Rs 156.97 and it also shed 15 paisas for se
ICE Cotton futures prices rose on Wednesday, after one of the largest exporter of the natural fiber, the United States, and the biggest consumer, China, agreed to revive their trade talks ahead of the Group of 20 Summit.
Copper prices stayed near three-week highs on Wednesday on hopes that renewed talks between China and the United States will defuse a trade dispute that investors fear will damage economic growth and metals demand.
Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell 2.4% year-on-year in the first five months of 2019 to 13.415 million tonnes, the State Statistics Committee said on Wednesday.
Oil futures were mostly steady on Wednesday as price support from a larger-than-expected decline in US crude inventories was countered by a lull in equities.
Tokyo Commodity Exchange (TOCOM) futures rose on Wednesday amid renewed hopes for a trade deal between China and the United States, despite losses in Shanghai futures.
Malaysian palm oil futures jumped more than 1% on Wednesday as traders bet upcoming export data would overshoot forecasts. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was up 1.2% at 2,047 ringgit ($491
Raw sugar prices on ICE fell on Wednesday for the third straight session as a fund short-covering rally ran out of steam and as corn prices retreated, while arabica coffee edged up off a three-week low. October raw sugar settled down 0.09 cent, or 0.7%, a
Gold prices pared gains on Tuesday after US President Donald Trump confirmed he would meet with Chinese President Xi Jinping at an international summit, fanning hopes for a quick end to the US-China trade dispute. Earlier in the session, gold prices had b
Gold prices fell on Wednesday as optimism over Sino-US trade talks and hopes of rate cut from central banks hit demand for bullion ahead of the US Federal Reserve's monetary policy decision later in the day. Spot gold fell 0.3% to $1,341.67 per ounce at 0
Gold prices edged lower on Wednesday as investors awaited the US Federal Reserve's statement later in the session for cues on its interest rate outlook, while hopes the bitter US-China trade dispute could soon see some thawing raised risk appetite.
Following are US trade expectations for the opening of grain and soya complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday.