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Obama signs order for budget cuts

Washington: US President Barack Obama has signed an order that starts putting into effect across-the-board budget cuts known as the "sequester" after he and...

Record unemployment rate increases to 11.9% in Eurozone countries

Brussels: The unemployment rate in European Union jumped to 11.9% in January from 11.8% in December. According to Eurostate, statistics agency, 17 countries that use...

Groundbreaking of Iran-Pakistan gas pipeline gas pipeline on March 11: Dr. Asim

ISLAMABAD: The groundbreaking of $7.5 billion Iran-Pakistan gas pipeline would be performed on March 11 on the Pak-Iran border by the presidents of the...

Pakistan’s inflation witnesses 7.4 per cent increase in February

KARACHI: Pakistan’s year-on-year inflation in February rose to 7.4 per cent, the Pakistan Bureau of Statistics said on Friday. On a month-on-month basis, the consumer...

OGRA notifies Rs3.53 per litre hike in petrol price

ISLAMABAD: The prices of petroleum products in Pakistan have increased as the Oil & Gas Regulatory Authority on Thursday issued a notification reflecting an...

Petroleum Ministry rejects summary for fuel price increase

ISLAMABAD: The Ministry of Petroleum on Thursday rejected the Oil and Gas Regulatory Authority’s (OGRA) summary seeking an increase in the price of petroleum products,...

EU lifts ban on Pakistan seafood import

ISLAMABAD: The European Union (EU) has lifted the ban on the imports of seafood from Pakistan, which 27-nation bloc had imposed in 2007 over...

Budget 2013: India to allocate Rs 2.03 trillion to defence

NEW DELHI: Finance Minister P. Chidambaram presented one of the most highly anticipated Indian budgets of recent years on Thursday, as the government looks...

US warns Pakistan over gas pipeline project as Zardari meets Iranian leaders

WASHINGTON: US warned Pakistan on Wednesday that it is in its interest to avoid any activity that can hit it with sanctions, the same...

Pak-Iran gas pipeline must advance despite US pressure; says Khamenei

TEHRAN: Iran said on Wednesday that despite US pressure a much-delayed $7.5 billion gas pipeline project between Iran and Pakistan must go ahead, a...

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