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Oil and gas installations: Explosives dept to deal with safety issues
Cabinet Division sidelines Oil and Gas Regulatory Authority.
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FBR starts year with tax shortfall of Rs26b
Net collection stands at Rs84b against target of Rs110b.
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Trade: India biggest buyer of Pakistani dates
Imported almost 85% of the country’s total earnings from date exports.
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Market watch: Trade volume hits 13-month low
Karachi Stock Exchange’s benchmark 100-share index declined 27.06 points or 0.22% to end at 12,226.33 points.
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Credential inflation: The decreasing worth of a bachelors degree
Companies get a masters degree holder for the price of an undergraduate.
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Yamaha to set up $150m manufacturing plant
Japanese company acquires 50 acres at Bin Qasim, Karachi.
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Agitation: Brick kilns shut down across country against GST imposition
Labourers caught between a rock and a hard place.
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Eroding buying power: Inflation spikes to 13.8% on high food prices
Major reason behind the increasing prices was supply hiccups and widening gap between demand and supply of food items.
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Labour Force Survey 2011: Official unemployment rate at 6%
Opportunities for women, rural areas rising; minister doubts the figures.
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Reshuffle: Mirza takes charge as acting OGDC MD
Employees asked to complete major development projects.
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Rs15b recovered from govt departments
Public Accounts Committee informed about outstanding dues.
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Insurance company IPO up for grabs
‘Rs10 offer is higher than December 2010 book value’.
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Market watch: Central bank’s surprise move lifts stock market
Discount rate cut to 13.5% against market expectations.
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Rupee touches new record low
Policy rate cut likely to accelerate currency’s slide.
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India to relax clearance condition for cross-border investment
Investors of both countries interested.
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Pakistan encouraging Chinese investment
Mechanism to be devised for implementing joint energy projects.
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Corporate results: Lucky Cement profits up 27%
Lucky announced plans to set up a one-million-ton manufacturing plant in Congo under a joint venture project.
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Chain reaction: KIBOR drops to six-month low
Lowered interest rates to increase corporate profits: report.
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Gas outages for fertiliser plants to come to an end
Costly imports of urea the reason behind government decision.
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Ban on livestock export a boon for some
The ban will benefit both the leather and meat export industries.
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Rs100m embezzled from Faisalabad industrial estate project
Government appears uninterested in pursuing the investigation.
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Internet watchdog: More censorship likely in the days to come
Authorities looking to increase monitoring.
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A thousand flowers bloom: Small firms dominate Pakistan’s IT skyline
Low barriers to entry encourage entrepreneurship, but universities stifle it.
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Mergers & acquisitions: PARCO to join PSO bid for Pakistan Refinery
Analysts question the wisdom of buying what is described as ‘a piece of junk’.
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Petrol prices to rise 1.3%
Ogra refuses to own the decision.
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Technology: Apple has more cash than US govt
USA has an operating cash balance of $73.7 billion. Apple’s most recent financial results put its reserves at...
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Chain Reactions: Central bank changes repo rates
SBP announced the ceiling for overnight reverse repo rate has been reduced from 14 % to 13.5 % per annum.
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Monetary policy takes everyone by surprise
Drop in key policy rate not expected to have any impact.
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Conditions favourable for business: investment board
Conference planned in October to woo foreign investors.
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Quality control in renewable energy urged
Lack of consumer confidence key hurdle to promoting clean energy.
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‘Textile City to bring $250m in investments’
Zone to add $3b to textile exports.
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Protest against GST: Brick kiln owners announce shutdown
To close down indefinitely from August 3.
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Weekly review: Bourse plummets on foreign selling
Corporate results fail to save the day.
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SBP reduces policy rate by 50 basis points
Acting Governor SBP Yaseen Anwar unveiled the Monetary Policy Statement for the fiscal year 2012.
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Apple more liquid than US govt
US govt states $73.468 as its financial headroom, Apple quotes $75.876 as available cash on balance sheet.
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Power loom industry: Tussle between owners and workers escalates
Workers stage protests to demand a 13 per cent wage increase.
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Panel upset over gas being supplied to Engro
Govt is bound by sovereign guarantee agreement to supply 100mmcfd.
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Corporate results: Fauji Fertilizer, UBL profits soar
Fauji Fertilizer profits and UBL profits jumped in the first part of the year.
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Petroleum levy to push LPG price up by 16%
Draft policy proposes identical local and imported gas prices.
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Analysis: The impact of 15-day gas curtailment
Price to go up further by Rs400 to 450 per bag.
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Gas supply: “Ministry revises tariff hike proposal
Increase for CNG stations reduced sharply.
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Market watch: Stock market rallies to gain 92 points
OGDC leads surge amid lacklustre activity.
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PARCO and PAPCO evade Rs73m in taxes
Firms did not pay customs duty and petroleum development levy.
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Bloated PSDP portfolio: Seventeen more projects worth Rs166b approved
A finance ministry handout claimed that Ecnec had approved 15 projects of national importance costing Rs154.52 billion
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LPG imports arrive ahead of Ramazan
‘Additional import of 2,500 tons to keep prices stable’.
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Recovery: Rupee recovers from record low
Rupee recovered on Thursday from a record low hit, but dealers expect the currency to remain under pressure.
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SECP forum: Ideas shared to develop capital markets
‘Suggestions will help SECP to be an effective regulator’.
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Subsidised flour to be sold at Ramazan bazaars
Food dept says quality wheat being supplied to mills.
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Afghan transit trade: Customs to swiftly clear perishable items
Insurance firms refuse to provide guarantees beyond Torkham border.
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Farani tipped to become OGDC head
Petroleum ministry makes recommendation to prime minister.

















































