Pakistans stock markets made history on Monday as the KSE-100 index posted a historic single-day gain, Geo News reported. Karachi, April 11 Pakistans stock markets made history on Monday as the KSE-100 index posted a historic single-day gain, Geo News reported. The bulls dominated trading at the Pakistan Stock Exchange (PSX) on Monday as the […]
E-commerce giant Amazon is trying to illegally enter India’s physical retail market via its deal with the Future Group companies, the Confederation of All India Traders (CAIT) said in its appeal to NCLAT. New Delhi, April 1 E-commerce giant Amazon is trying to illegally enter India’s physical retail market via its deal with the Future […]
Indian-American Raj Subramaniam has become the President and CEO of FedEx, the US-based multinational transportation and courier delivery giant has announced. Subramanian would replace Frederick W. Smith, chairman and CEO, who will step down on June 1. “As we continue to transform as a company and reimagine what’s next, we will keep our people-service-profit philosophy […]
The annual salary of South Korean President Moon Jae-in for 2022 was set at 240.6 million won ($202,815) as the Cabinet approved the personnel and management ministry’s pay raise plan for public servants on Tuesday. According to the plan, public servants will get a 1.4 per cent raise for their salary for 2022. Prime Minister […]
Indian Oil Corporation will invest Rs 9,028 crore for setting up of a new crude oil pipeline system, with a capacity of 17.5 MMTPA, from Mundra (Gujarat) to Panipat (Haryana). Under this project, IndianOil would also build nine crude oil tanks of 60,000 KL each at Mundra, which, apart from meeting operational requirements, would also […]
Australia today signed a landmark free trade agreement with the United Kingdom that will make Australian exports to the UK cheaper, create new opportunities for workers, young people and businesses and further strengthen the special relationship between our two countries. This is the most comprehensive and ambitious free trade agreement that Australia has concluded, other […]
Global debt rose to a record $226 trillion in 2020 as the world was hit by the raging Covid-19 pandemic and a deep recession, the International Monetary Fund (IMF) announced. Global debt rose by 28 percentage points to 256 per cent of gross domestic product (GDP) in 2020, the largest one-year debt surge since World […]
US President Joe Biden has signed the law to ban Chinese tech companies like Huawei and ZTE from getting approval for network equipment licences in the country. The ‘Secure Equipment Act of 2021’ had received bipartisan support prior to it being signed by the President, ZDNet reported on Friday. Last year, the Federal Communications […]
Petrol and diesel prices rose again on Thursday after a two-day break, taking its retail rates to record high levels across the country. Accordingly, in the national capital, petrol and diesel prices increased by 35 paise per litre to Rs 104.79 per litre and Rs 93.53 per litre respectively. In India’s financial capital, Mumbai, petrol […]
In order to promote digital transactions, the Reserve Bank of India (RBI) on Friday enhanced the transaction limit using Immediate Payment Service (IMPS) of banks to Rs 5 lakh. RBI Governor Shaktikanta Das said that the limit has been raised in view of importance of the IMPS system and for enhanced consumer convenience. The current […]