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Hollande arrives in Delhi with hopes for major economical deals

NEW DELHI: India and France are finalizing sale of 126 Rafale jets to the Indian Air Force in a deal estimated at over 10...

Iran’s oil export revenue fell $40 billion last year: IAE

PARIS: The International Energy Agency (IEA) said on Wednesday that Iranian oil export revenue fell $40 billion last year due to the sanctions imposed...

President Zardari seeks early completion of all Pak-Iran bilateral projects

LAHORE: Pakistan attaches great importance to early completion of Pak-Iran Gas Pipeline project in view of the energy crisis in the country, President Asif...

PSO on the verge of default; stops fuel supply to PIA

KARACHI: Pakistan State Oil (PSO), the largest oil marketing company in the country, is on the verge of default as the company requires immediate...

Indian CBI will hold inquiry in 750$ AgustaWestland VVIP chopper deal

New Delhi: Indian Defence Ministry has directed Central Bureau of Investigation (CBI) for an early inquiry into the AgustaWestland VVIP chopper deal. The Indian Defence Ministry...

Russian companies invited to take part in extraction projects in Iran

Russian Energy Minister Alexander Novak said on Tuesday that Iran has extended an invitation to Russian companies to take part in the development of...

Radar fails for 30 minutes IGI Airport in Delhi

New Delhi: At 12.21 pm on Friday, when 24 aeroplanes were either preparing for takeoff or circling above in landing sequence, the Delhi airport...

Despite Western outcry, Turkey needs Iranian natural gas

Ankara: Turkish Minister of Energy and Natural Resources Taner Yildiz has emphasized that Turkey need for Iranian gas. “Turkey supplies an important portion -- one fifth--...

State Bank injects Rs600bn in money market

KARACHI:  The State Bank of Pakistan (SBP) on Friday injected Rs600.05 billion into the money market through a seven-day reverse repo to help banks...

London Stock Exchange rose $ 0.51 – up to 117.24 dollars per barrel.

New York: International oil prices at the end of trading Thursday changed in different directions on a background of statistical data on unemployment in...

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