Oil
- Business
High oil prices, trade deficit to subdue rupee
New Delhi: High Crude oil prices along with a wider monthly trade deficit is expected to subdue the Indian rupee in the coming week. Accordingly, the rupee is expected to seesaw between…
- Pakistan
Pak oil firms make huge profits through tax-free imports
Islamabad: While Pakistan’s trade deficit is widening, its oil marketing companies (OMCs) are making huge profits through tax-free imports. Around 15 OMCs are reported to have imported over 2.4 billion litres of…
