Category: Business

-> An exchange source said that the Bombay Stock Exchange (BSE) would consult the market regulator and seek clarification regarding its $ 3.4 billion transaction from Future Retail and Reliance Industries following Amazon’s objection...

Oil and Gas Development Company’s (OGDC) profit fell 14% to 23.4 billion for the quarter ended September 30, 2020, due to a steep fall in oil prices in the international market. According to a...

-> The outlook for 2021 was reduced to $ 49.76 a barrel from the previous month’s $ 50.41 consensus. A survey by the news agency Reuters on Friday showed that oil prices would be...

New York: The safe-haven dollar reached a four-week high on Friday, rising within narrow limits amid shocks ahead of next week’s US presidential election and the continuing surge in global coronavirus cases forcing lockdown...

-> Reliance Industries operates the world’s largest oil refining complex Bengaluru: Reliance Industries’ September-quarter profit declined 15 per cent as the coronovirus crisis hit its core oil business, although the group reported double-digit revenue...

Islamabad: The government on Thursday approved a fertilizer subsidy of Rs 5.4 billion for farmers, two days after it created a ruckus in the federal cabinet over rising inflation and lack of coordinated response...

-> Reliance Jio Infocomm, a telecom company of Reliance Industries led by billionaire Mukesh Ambani, reported a net profit of Rs 2,844 crore in the July-September period on Friday. The same quarter a year...

Islamabad: The Cabinet Committee on Energy (CCOE) vowed to move fast on Thursday, with plans to develop a competitive electricity market to break the monopoly of power distribution companies. Currently, distribution companies have complete...

-> Billionaire Mukesh Ambani-led Reliance Industries on Friday reported a net profit of Rs 9,567 crore in the July-September period, a 15 per cent annual decline, but still exceeding analysts’ estimates. The oil-to-telecom group...

Islamabad: The Cabinet has started an investigation by the Ministry of Food Safety on the delay in procurement of wheat, when prices were at their lowest. The cabinet sought a detailed record of the...