Oil Import Bill to Soar This Year

The government’s oil import bill is set to jump 36 percent this fiscal year thanks to the appreciation of the dollar and an increase in global oil prices — a development that can lead to a hike in oil prices in the local market, officials said. In fiscal...

Blockchain & the Emergence of Distributed Ledger Technology

Distributed ledger technology (DLT) and digital tokens are rewiring commerce worldwide. The underlying technology is blockchain. According to a recent survey conducted by PwC globally, 84 percent of the 600 executives surveyed mentioned that their organisations have...