Goldman Sachs this week raised its price target for Brent crude to $140 per barrel from current $125 per barrel…
Author: Javed Mahmood
Javed Mahmood
I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.
Net profit of Kohat Cement closed at 5.03 billion rupees while Fauji Cement booked 4.06 billion net profit after payment of taxes to the Federal Board of Revenue.
Europol’s European Counter Terrorism Centre coordinated the operation along with anti-terrorism police in France and Spain, according to police in Genoa in north-western Italy, where a judge signed 14 arrest warrants concerning offences related to “international terrorism”.
ISLAMABAD: The World Bank (WB) has anticipated 4% Gross Domestic Product (GDP) growth rate in Pakistan for the upcoming fiscal…
“The IMF has asked for 100% withdrawal of subsidy on POL products. Once the subsidy is over, the government will have to impose taxes and petroleum levy,” Miftah said, adding there is still a subsidy of Rs9.32 per litre on petrol and Rs23.05 per litre on diesel.
Deteriorating external financing, rising inflation, de-anchoring of inflation expectations, political divergence with the West in NATO, and the Turkish central bank inability to alter policy to influence macro developments mean the Turkish lira is having to depreciate to equalize the mounting economic pressures, analysts said.
The International Atomic Energy Agency (IAEA) has said that North Korean moves to expand key facilities at its main nuclear site at Yongbyon continue to advance.
The cabinet could not make any decision pertaining to closure of commercial markets by 7pm to save energy.