Business | Jasarat Newspaper English - Part 329

Iran can raise oil production by 600’000 to 8000,000 barrel per...

TEHRAN: Experts said that that Iran could raise Oil production by 600,000 to 800,000 barrels per day within month after sanctions being lifted. Oil analysts...

Gold price falls to five-year low

KARACHI: Gold price on Tuesday slipped to five-year low. Gold fell to 44,700 rupees per Tola in local market. Gold price decreased by 800 rupees...

Toshiba CEO Hisao Tanaka resigns

TOKYO: The chief executive officer of electronics giant Toshiba just announced his resignation amid accusations of an accounting scandal. Hisao Tanaka, president and chief executive,...

BRICS bank opens for operations in Shanghai

SHANGHAI: BRICS New Development Bank (NDB) has opened for operations in Shanghai, and will seek to deploy its $50 billion initial capital to fund...

Silk Bank plans to issue Rs6.14bn shares

KARACHI: Silk Bank planning to issue long awaited shares of Rs 6.14 billion amid at raising the Rs 10 billion to achieve capital requirements. Silk...

Banks in Greece reopen after three weeks

ATHENS: Greeks were queueing outside banks morning as banks in the crisis hit country are reopening after three weeks. The financial institutions opened their doors...

India to set new standards for ice cream, flavoured milk

NEW DELHI: India's food regulators are planning to set new quality standards for ice cream and flavoured milk after a world famous crackdown on...

Govt to increase textile exports from $13b to $26b

ISLAMABAD: The government has prepared a plan to increase textile exports from the existing thirteen billion dollars to twenty-six billion dollars in the next...

Greek banks re-opening from Monday after three weeks shut down

ATHENS: The Greek government ordered banks to open on Monday, three weeks after they were shut down to prevent the system collapsing under a...

10,000 MW electricity to be generated from Thar coal by 2020

KARACHI: Government is planning to generate 10,000 MW electricity from Thar coal by 2020. Sixteen billion rupees will be spent on coal, wind solar and...