The government is likely to ban export of diesel to Afghanistan on the request of Pakistan State Oil (PSO) in an effort to avoid loss of more than Rs1.5 billion due to misuse of ...

Oil prices rose above $82 a barrel Monday in Asia, extending gains from Friday amid signs the global economy may be improving. Benchmark crude for April delivery was up 67 cents to $82.17 a barrel ...

Prime Minister Yousuf Raza Gilani paid a tax of  Rs82,973 during 2008-09. The annual declaration of assets filed by the PM to the Election Commission did not mention the liabilities of Rs45 million ...

A large number of representatives from local textile industry thronged the 8th international Machinery Exhibition of Garment & Textile Technology, MEGATECH Pakistan 2010 on the last day at Karachi Expo Centre here Saturday. Most of ...

The United States shed 36,000 jobs in February and the unemployment rate held at 9.7 percent, the government said in a better-than-expected report Friday that may be skewed by adverse winter weather. The Labor Department ...

China said Saturday it could take up to three years for its exports to return to pre-financial crisis levels, as the Asian powerhouse shifted its focus to domestic demand. "Our exports have just started ...

India's food inflation accelerated slightly in late February, defying government predictions that price rises would start to moderate, adding to pressure on the central bank to raise interest rates in April. The food price index ...

Oil prices briefly topped 81 dollars in Asian trade on Thursday but failed to sustain the support as the US dollar gained strength, making the commodity more expensive, analysts said. New York's main contract, light ...

Oil fell in Asian trade on Wednesday as sentiment was dampened by a private report showing weaker US energy demand, analysts said. New York's main contract, light sweet crude for April delivery was seven cents ...

Pakistan is negotiating with the United Arab Emirates (UAE) to buy 650,000 tonnes of white sugar on deferred payment, the head of Trade Corporation of Pakistan said on Wednesday. Pakistan is buying sugar from the ...