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New Delhi: Pakistan's military led Field Marshal Asim Munir has been cutting personal deals under the guise of international diplomacy including New York's famed Roosevelt hotel at a time when the country sought to place itself as a peace mediator between Iran and the US. While Pakistan is trying to take credit and earn applause from certain quarters for acting as a "mediator", Egypt -- one of the pillars of the Arab world -- played a key role to achieve the ceasefire, ET has learnt. Cairo, giv ...Read More >
NEW DELHI: Pakistan International Airlines (PIA) has scrapped most passenger discounts and cut flight frequencies as rise in jet fuel prices squeezed the air carrier's finances, a new report has said. Pakistan-based Dawn cited a PIA spokesperson as saying that concessions are currently limited to children and infants, and all other fare discounts withdrawn. The move followed a high-level review of rising fuel costs and potential losses after Jet fuel (JP‑1) prices jumped significantly over fou ...Read More >
NEW YORK (Reuters) -Oil prices were stable on Thursday as traders prepared for a potential halt to India's Russian oil imports, which could reshape flows and boost demand for supplies from elsewhere. Brent crude futures were down 28 cents, or 0.45%, to $61.63 a barrel at 12:40 p.m. EDT (1640 GMT). U.S. West Texas Intermediate futures were down 19 cents, or 0.33%, to $58.08. U.S. President Donald Trump said Prime Minister Narendra Modi had pledged on Wednesday that India would stop buying from ...Read More >
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