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India says has Saudi assurances on oil supply

NEW DELHI: India, the world’s third largest oil consumer, said on Thursday it had received assurances from the world’s top oil exporter Saudi Arabia it would ensure adequate supplies to keep a lid on soaring oil prices. The statement…

Silicon Valley startup peddles 3D-printed bike

After a career that included helping Alphabet’s Google build out data centers and speeding packages for Amazon.com Inc to customers, Jim Miller is doing what many Silicon Valley executives do after stints at big companies: finding more time…

Banks to deduct Zakat today

KARACHI: The State Bank of Pakistan will remain closed for public dealings on 1st Ramazan-ul-Mubarak 1439 A.H.(today), which being observed as ‘Bank Holiday’ for the purpose of deduction of Zakat. All banks/Development Finance…

Nisab-i-Zakat fixed at Rs39,198

KARACHI: The Nisab for Zakat has been fixed at Rs39,198 for lunar year 1438-39 A.H. a notification issued by the Ministry of Religious Affairs & Interfaith Harmony said. No deduction of Zakat at source shall be made in case the…