WASHINGTON : The United States’s yawning annual budget deficit narrowed in April as government coffers brimmed with the largest monthly surplus in five years, official data released Friday showed. The federal budget had a surplus of $112.9 billion for the month of April, as payments surged ...

lahore -  Widening energy demand-supply gap is posing a major challenge to Pakistan economic health, which is estimated to have curtailed GDP growth by 200bps in last few years, financial experts said.After a brief tilt toward expensive imported oil in FY11 though the reliance on indigenous ...

MANILA (AFP) - Romantic Filipinos abroad have found a way to bridge the gap with loved ones at home on Valentine's Day - via an online serenade service.Jane Soco, managing director of Harana.ph, said Thursday the company's professional singers would lift the spirits of those left behind as their ...

Pakistan Electric Power Company has stated the total shortfall of electricity in country is 6,000 megawatts.A spokesman of PEPCO said in Lahore on Sunday the total power generation is ten thousand eight hundred fourteen megawatts‚ while the total demand is sixteen thousand eight hundred ...

Following a further cut in petrol price, the gap with that of the CNG price has shrunk to less than 20 percent. Petrol-CNG price difference has shrunk to Rs8.21 or 17 percent after the government last night reduced the petrol price from Rs57.66 to Rs56.21 per litre in pursuance of the directive of ...

Sri Lanka's trade deficit doubled to 449.4 million dollars in March as higher imports of oil, rice and wheat exceeded export gains from tea and garments, the central bank said Friday. The island's trade gap widened by 102.4 percent in March from a deficit of 222.0 million dollars reported a year ...