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OGDC announces major oil, gas discovery in K-P's Kohat
In a major development amid the ongoing energy crisis, the Oil and Gas Development Company Limited (OGDC) announced on Wednesday what it termed as the "largest oil and gas discovery in the country’s history" at the Bazgai X-1 well in the Nashpa block. According to an OGDC spokesperson, the discovery in Kohat district of Khyber-Pakhtunkhwa was being described as a significant exploration success for Pakistan. The spokesperson said the Bazgai X-1 well was currently producing 15,0...
UAE taxes: FTA announces new penalty rules, reduces fines for violations
The UAE's tax authority on Wednesday announced updated penalty rules that lower some fines and make tax filing rules easier and more flexible for businesses and taxpayers in the Emirates.The Federal Tax Authority (FTA) announced that new rules under Cabinet Decision No. (129) of 2025 took effect on Tuesday, April 14. The decision updates fines and penalties for violations of UAE tax laws, replacing parts of the rules in Cabinet Decision No. (40) of 2017.The amendments introduce reduced or revise...
Japan plans US$10 billion support to help Asia secure oil: ‘we are mutually dependent’
Japan has said it will establish a financial framework worth about US$10 billion to help Asian countries procure energy resources and bolster their stockpiles as Middle East tensions drive prices higher and disrupt supply chains. The support, aimed at preventing knock-on effects on Japan’s own supply chains, would be channelled mainly through state-backed financial institutions such as Japan Bank for International Cooperation and Nippon Export and Investment Insurance. Announcing the plan on...
Dollar Slump Shows Traders Are Embracing Risk Again
NewsletterMarkets DailyDollar Slump Shows Traders Are Embracing Risk AgainGreenback index is at its lowest since early MarchFacebookXLinkedInEmailLinkGiftExpandPhotographer: Michael Nagle/BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Phil SerafinoApril 15, 2026 at 10:14 AM UTCBookmarkSaveLock This article is for subscribe...
Sensex ends 1,264 points higher, Nifty above 24,200; IT stocks jump
Sensex ends points higher Nifty above IT stocks jump
More than 200 Iranian sailors stranded after US torpedo attack return home
More than 200 Iranian sailors stranded after US torpedo attack return home17 minutes agoShareSaveAdd as preferred on GoogleGabriela BoccaccioVideo released by the Pentagon showed the moment a US torpedo struck Iranian warship the Iris Dena on 4 MarchMore than 200 Iranian sailors left stranded in Sri Lanka after a US torpedo attack are returning home after being stuck in the country for more than a month. On Wednesday, Sri Lanka's Deputy Defence Minister, Aruna Jayasekara, confirmed 32 sail...
Sabres' playoff return has business of hockey booming in Buffalo again
BUFFALO, N.Y. — Buffalo Sabres players started to notice the change in January.Most players who join the franchise hear about what the home crowd is like when the team is good. The trouble is that not many teams in recent memory have been good enough to get a real taste of what KeyBank Center looks and sounds like when the Sabres are relevant in the NHL. Buffalo has always been a hockey town, but it was hard for it to feel like a Sabres town when the team missed the playoffs for 14 straight seas...
Tax season was supposed to bring big refunds. So far they're less than expected
The average refund so far is $350 more than last year at this time, despite projections that it would be closer to $1,000 due to Republican-led tax changes as part of the Big Beautiful Bill Act.(Image credit: Justin Sullivan)
Mahindra Eyes South Africa Expansion as China Rivals Gain Ground
Mahindra & Mahindra Ltd. is at an advanced stage of assessing plans to upgrade its South African plant, according to people familiar with the matter, as India’s second-largest automaker looks to capitalize on rising demand for affordable vehicles.
تشدید آسیبهای گسترده اقتصادی-اجتماعی در ایران بهدنبال گذر از ۱۱۰۰ ساعت قطع اینترنت
وبسایت نتبلاکس که اختلالهای اینترنتی در جهان را رصد میکند، گزارش داد قطع اینترنت در ایران وارد چهلوهفتمین روز شده و از ۱۱۰۴ ساعت گذشته است. همزمان خبرگزاری تسنیم، وابسته به سپاه پاسداران، قطع اینترنت را «یک ضرورت» توصیف کرد.
India’s oil imports from Russia surge – report
New Delhi’s reported purchases of Russian crude more than tripled to $5.8 billion in March, from $1.54 billion in February, according to CREA India’s crude oil imports from Russia surged in March, data from a European think tank showed. New Delhi’s crude oil purchases from Moscow more than tripled in March to $5.8 billion from $1.54 billion in February, the Center for Research on Energy and Clean Air (CREA) said on Tuesday. The surge came as shipment volumes doubled and...
Russia vows to keep sending vital oil supplies to energy crisis-hit Cuba
NewsWorldAmericasRussia vows to keep sending vital oil supplies to energy crisis-hit CubaPresident Trump had previously threatened punitive tariffs on countries supplying crude to Cuba Vladimir Soldatkin Wednesday 15 April 2026 10:38 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,...
SBP opens formal banking to licensed virtual asset service providers
The State Bank of Pakistan (SBP) has allowed banks to open accounts for licensed virtual asset service providers, overriding a 2018 ban, as the country moves to integrate digital assets into the regulated financial system. The move followed the enactment of the Virtual Assets Act, 2026, and marks Pakistan’s first formal step toward bringing crypto-related businesses into the banking system under strict anti-money-laundering and compliance rules. “This is a foundational st...
Hate doing your taxes? Be thankful you don't have to do an MLB player's books
When Spencer Torkelson was 19, his father, Rick, had a realization that later saved Torkelson three-quarters of a million dollars.Undrafted out of high school, Torkelson matriculated to Arizona State and started torching college pitching, eventually crushing Barry Bonds’ school record for home runs by a freshman. “I was thinking, ‘Oh my God, this kid’s going to get drafted in the first round,”’ Rick recalled earlier this week.Advertisement
Wall Street Goes Bottom Fishing in Beaten-Down Software Stocks
Wall Street has gotten repeatedly burned calling a bottom in software stocks, which have been hit hard by fears that artificial intelligence will make the companies obsolete. But this week’s bounce is bringing some bottom-fishing investors back to the group on hopes that the worst may finally be over.
Is India's gold loan boom quietly building a default risk?
Is Indias gold loan boom quietly building a default risk
Aegon offloads 200-year-old UK business to Standard Life for £2bn
Deal will create pensions and savings group with 16m customers and £480bn of assets, while Aegon focuses on USThe Dutch financial services group Aegon has struck a £2bn deal to sell off its almost 200-year-old UK arm to Standard Life, as part of a US push in which the group will be rebranded as Transamerica.Standard Life, previously known as Phoenix Group, said the deal to buy Aegon UK will create a pensions and savings group with 16 million customers and £480bn of assets under administration. C...
Australia’s richest person ordered to share mining royalties after decade-long dispute
NewsWorldAustralasiaAustralia’s richest person ordered to share mining royalties after decade-long disputeGina Rinehart told to pay descendants of her late father’s business partnerStuti Mishra Wednesday 15 April 2026 10:21 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId...
Iranian Oil Arrives in India Just Ahead of US Waiver Expiry
Around 4 million barrels of Iranian oil have arrived in India, marking the first such imports in seven years as the South Asian nation races to secure volumes before a grace period granted by Washington expires at the weekend.
Built for the long term: Why the UAE continues to inspire investor confidence
When I reflect on Dubai’s trajectory, I’m reminded of a truth that has shaped my own career: endurance matters more than speed. Sustainable progress – not short bursts of momentum – is what builds lasting success. And no city demonstrates that philosophy more clearly than Dubai.Even during periods that traditionally soften activity, the market continues to move with remarkable steadiness. During Ramadan 2026, a season when real estate typically cools, the city still recorded 15,196 transactions...