Business

Domestic borrowing accounts for 60% of total debt.

Among major crops, rice and cotton register impressive growth.

Amount is higher than foreign loans expected next fiscal year.

The currency slid 0.9% to 93.8350 per dollar, which is a record low.

Finance minister highlights overall performance of economy during the out-going fiscal year.

Suggests major slashing of fuel prices across the board.

Despite fall in international prices, domestic rates may climb Rs8.8 a kg .

Proposes to replace RGST system with the previous regime.

Benchmark KSE-100 index sheds 200 points.

Bilateral trade may double after realisation of PTA.

Takes advantage of FBR’s scheme and does not pay surcharge.

Govt has run into multiple defaults, yet to settle an approved partial payment.

Karkey tight-lipped until restraining order on ships is removed.

One of Karachi's fastest growing startups set to expand.

The overall rate of inflation over the last two years (April 2010-April 2012) went up by 25%.

The IMF says Pakistan needs to raise tax revenues substantially to reduce the deficit sustainably.

SAARC members should take steps urgently to bridge skill gap: Srivastava.

Payment system infrastructure continued to grow as 203 more ATMs were added during the quarter.

Senator Khosa says Punjab govt was taking all possible measures to increase trade, economic relations with Iran.

Bank demands money for oil purchases on credit from Kuwait.

Over-reliance on India for strategic products could imperil security.

The airline is currently operating with only one aircraft.

Benchmark KSE-100 index gains 40 points.

Minister says company needs bailout to get back on feet.

This will be charged in Nov bills, KESC; lifeline consumers are exempt.

Premier seeks to attract investors for additional projects.

Mobilink settles with FBR to pay only 30% of outstanding dues.

Pakistan’s first cloud computing service launched in Islamabad.

State-owned gas provider will procure LPG on a priority basis, while other companies wait five days for their turn.

Facebook Inc shares slid below $30 to a new low on Tuesday.

CAA says operations suspended till Bhoja Air acquires at least three aircrafts for domestic operations.

Mobilink settles dues, to pay Rs2.5billion under FBR surcharge waiver scheme.

Senior official says Pakistan would like to get diesel in Karachi and furnace oil in Punjab from India.

The Central Power Purchasing Agency (CCPA) had proposed a raise of Rs2 per unit.

Availability of subsidised imported urea dents local producers’ margins.

Benchmark KSE-100 index gains 106 points.

Prices soaring due to demand-supply gap: Khan.

Expert says better seed quality can increase output by 35%.

Arrival of cheap imports makes local product unwanted.

‘Decision will cause distress and loss to millions across the country’.

Discuss Karachi projects including circular railway, Lyari Expressway, KIV water supply project, M-9 motorway.

Proposal envisions diversion from CNG outlets and captive power plants of industries.

Seeks assurance of long-term purchases, Islamabad proposes naphtha export to Delhi.

A falling rupee stokes India's inflation and it deters capital inflows.

More than 73% of couples argue over issues related to money.

‘Vision without action is a daydream. Action without vision is a nightmare’.

Inherent value of bourses, not cosmetic measures, fuels the rally.

We are in the race to overtake West in bad examples.

Resolution of circular debt, theft and line losses are key issues.

Malaysia is the latest destination attracting many foreign students.