Business

Govt urged to step up exploration, improve management and supply.

New LPG policy forces all LPG producers to reduce LPG prices by Rs11,700 per ton, cut price on cylinders.

Seeks World Bank assistance to increase credit from Rs70b to Rs895b.

Citi selected for the job to advise on funding solution.

Poverty termed major reason for low demand.

Scarcity of resources cuts number of projects to 1,252 from over 1,900.

KSE’s benchmark 100-share index drops 29 points.

Further 52,000 tons coming next week that may ease shortage.

Investors encouraged to borrow from foreign banks.

Private sector will take decisions and enjoy financial autonomy without govt intervention.

Rates rise despite a cut in excise duty in budget.

Farmers purchase all agriculture inputs at very high rates, but the end crop is being purchased at very low price.

Industry welcomes move; asks ministry to engage with them.

PPL is the major beneficiary of increase in wellhead gas prices due to company’s heavy production profile.

Positive list to be replaced with negative one to expand product range.

Access to pipelines to be given on first-come-first-served basis.

Official claims refund cases being processed within time limit.

KSE’s benchmark 100-share index dips 65 points.

Decision taken on advice of IMF headquarters: finance ministry official.

Refutes accusations of impropriety; points out the need for such a project.

Poverty numbers may be released in a couple of months: Planning Commission.

Annual meeting of All Pakistan Paper Merchants Association held.

To create links, SMEs have to approach banks in big cities.

Processors say power outages have cut production to 30% of capacity.

It was 6% at time of independence, says expert.

To end circular debt, govt plans to impose petroleum levy on natural gas and LPG.

PM directs authorities to expedite import process.

KSE’s benchmark 100-share index surges 225 points.

PAS extends deadline for TV channels to December 31 to comply running ads without interruption.

The Water and Power Ministry will present the recommendations in the next cabinet session.

Experts raise eyebrows over mismatch in growth rates of sales tax at import stage and customs duties.

Local advocate files petition saying rise in petrol prices is against Article 9 of the constitution.

Expresses interest in textile, construction and energy sectors.

This is the first time Zardari distributed Besos certificates among employees of state owned entities.

Nippon Koei of Japan, Dolsar Engineering of Turkey to work on Dasu hydropower project.

Karachi Stock Exchange’s benchmark 100-share index lost 5.9% in value during the third quarter of 2011.

Other companies expected to follow suit.

Curtailment is likely to increase urea shortage in Rabi season.

Mill expects to raise Rs16b to be used to buy raw material.

Increase in petrol and diesel prices comes as a blessing.

Delhi has agreed to support European Union duty waiver for Pakistan.

Committee members suspect that postponement a move to protect the corrupt.

Petroleum ministry decides to move Supreme Court against decision.

KSE’s benchmark 100-share index drops 54 points.

Experts believe State Bank may cut policy rate.

State-owned oil and gas explorer to amend deputation policy

The court has also suspended the implementation of the LPG policy for 2011.

"Businesswomen should be given relaxations so that they can play their due role in the development of society," IWWCI

Economists say IT Ordinance 2001 has not improved collection.

Precious metal loses out as confidence in greenback returns.