Home / Business (page 24)

Category Archives: Business

Feed Subscription

China has four million millionaires: survey

China has four million millionaires: survey

BEIJING: China had four million millionaire households in 2014, the second-highest in the world after the United States, as the country’s stock market boom boosted private wealth, an independent survey showed Tuesday. One million new millionaires were created in the ...

Read More »

Oil prices drop on Greece, US output worries

Oil prices drop on Greece, US output worries

LONDON: Oil prices slid on Monday amid bearish news on US industrial output and a breakdown in Greece’s debt talks. Worries that US oil output is not declining and Saudi Arabia could further ratchet open its oil pumps also are ...

Read More »

Fazlur Rehman for interest free economy; self-reliance

Fazlur Rehman for interest free economy; self-reliance

ISLAMABAD: Jamiat Ulema Islam Chief Maulana Fazlur Rehman on Friday called upon the government for step to introduce interest-free economic system in the country and rely more on indigenous resources than borrowing from international financial institutions. Speaking in National Assembly ...

Read More »

Dar clarifies ‘misreporting’ in post-budget presser

Dar clarifies ‘misreporting’ in post-budget presser

ISLAMABAD: Finance Minister Ishaq Dar Saturday clarified that the government has imposed no new tax on basic commodities. Addressing the post-budget press conference in Islamabad this afternoon, he said that government has not increased prices of ghee, sugar, milk, pulses, ...

Read More »

Pakistan targets 4.3% fiscal deficit in FY16

Pakistan targets 4.3% fiscal deficit in FY16

ISLAMABAD: Pakistan has targeted a fiscal deficit of 4.3 percent of GDP in the 2015-16 financial year, down from 4.9 percent envisaged in 2014/15, Finance Minister Ishaq Dar told parliament on Friday as he unveiled the budget. Figures already released ...

Read More »

Economic survey: 6800 new doctors, nurses recruited in 2014-15

Economic survey: 6800 new doctors, nurses recruited in 2014-15

ISLAMABAD: The government has recruited 3500 new doctors, 350 dentists, 3300 nurses, 4500 paramedics and 450 traditional birth attendants during 2014-15. According to a Pakistan Economic Survey report 2014-15 released here on Thursday, the total numbers of TB cases are 63470, ...

Read More »

Saudi to post massive budget deficit: IMF

Saudi to post massive budget deficit: IMF

RIYADH: OPEC kingpin Saudi Arabia is forecast to post a budget deficit of 20 percent of gross domestic product because of the sharp decline in oil revenues, the IMF said Tuesday. “Government spending in 2015 is expected to remain strong, ...

Read More »

KPK budget session on June 13

KPK budget session on June 13

PESHAWAR: The annual budget for fiscal year 2015-16 will be presented in the Provincial Assembly of Khyber Pakhtunkhwa on Saturday at 03:00 PM. KPK’s annual budget will be presented in the house on June 13 for financial year 2015-16, According ...

Read More »

sia shares slip on Greek woes, focus turns to China PMI

sia shares slip on Greek woes, focus turns to China PMI

TOKYO: Asian shares slipped early on Monday as persistent fears about Greece’s precarious financial situation and downbeat U.S. data sapped confidence. Greece and its European creditors agreed on the need to reach a cash-for-reforms deal quickly as Athens missed a ...

Read More »
Scroll To Top