Elon Musk plans mission to Mars as early as 2018
PERTH: Billionaire entrepreneur Elon Musk has disclosed plans to send an unmanned capsule to Mars, perhaps as soon as 2018,...
Japan’s imports of kitchen furniture increase slightly in Feb
TOKYO: The top four suppliers of kitchen furniture to Japan accounted for 92% of February 2016 imports. Vietnam alone accounted...
Stocks edge higher on Fed economy update
NEW YORK: Stock markets picked up gingerly, while oil prices continued to recover and government bond yields dipped, as a...
FBR starts investigating transfer of $4.7b to India
ISLAMABAD: Federal Board of Revenue (FBR) has started investigating the transfer of more than $4 billion to India from Pakistan...
India steel imports increase 25.6% in FY16
NEW DELHI: Steel imports increased 25.6 per cent to 11.71 million tonnes (mt) in the 2015-16, compared to 9.32 mt...
Canada stocks-TSX rises as higher oil supports energy, Bombardier rallies
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Yen Jumps, Asia stocks erase gains on BOJ inaction; Oil Near $45
TOKYO: The yen jumped the most in eight months and Asian stocks erased gains after the Bank of Japan unexpectedly...
Tax payments: FBR to audit govt depts’ record of last 15 years
ISLAMABAD: Federal Board of Revenue has decided to audit tax payments of the government departments of last 15 years. The...
Iran plans to stop importing gasoline by March 2017
TEHRAN: Iran plans to stop importing gasoline by March 2017 as a new refinery makes it self-sufficient in the motor...
Europe closes slightly up; Greek stocks slide; Adidas pops 6%; Fed eyed
FRANKFURT: European stocks finished slightly higher on Wednesday, as investors remained cautious ahead of the latest central bank decision from...
Zhejiang Port sails into Port of Melbourne sale
WASHINGTON: A fourth bidding party, understood to be China's Zhejiang Port, has emerged in the tussle for Port of Melbourne....
Fesco pays Rs 6.3b tax to FBR annually
FAISALABAD: The Faisalabad Electric Supply Company (Fesco) regularly pays taxes of Rs 6.3 billion to the Federal Board of Revenue...
Nigeria’s import curbs drain life from bustling Lagos ports
ABUJA: Nigeria’s Apapa port is usually a frenetic place, where ships line up for days to offload imports ranging from...
SC reserves verdict on FBR’s plea against SHC judgement
ISLAMABAD: Supreme Court of Pakistan has reserved a verdict in response to a Federal Board of Revenue appeal filed against...
Dhamra port kicks off work on expansion
NEW DELHI: Adani Group-controlled Dhamra Ports Company Ltd (DPCL) has initiated work on its second phase of expansion, after getting...
State-owned ports post 4.31% cargo growth in 2015-16
BENGALURU: India’s 12 state-owned ports loaded 4.31% more cargo or 606.37 million tonnes (mt) in the year ended 31 March...
E-Commerce recorded 50pc increase in last 3 months, says Syed Zia Alamdar
FAISALABAD: Total business volume of E-Commerce has recorded a phenomenal increase that jumped from $60 million to $2 billion just...
Revenue officers told to decide overseas Pakistanis’ revenue cases in 90 days
LAHORE: The Board of Revenue (BOR) has issued instructions to the revenue courts/ revenue officers to decide the judicial cases,...
LCCI calls for political harmony
LAHORE: At a time when international community has kept a deep eye on Pakistan which is one of the most...
CM for early completion of development projects
LAHORE: Chief Minister Shehbaz Sharif has directed the public departments to complete the development projects. The chief minister said while...
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