Business

Corporate profits surged to Rs62 billion during the quarter ended September 30 from last year’s Rs55 billion.

Saudi Aramco contract price (CP) climbed by $93 to touch $788 in the international market.

Donor expresses concern over failure to implement RGST and eliminate power subsidies.

The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.57 per cent or 60.13 points lower at 10,538.27.

Oil marketing companies reported a fresh increase in furnace oil prices, citing the spiraling cost of oil abroad.

MD SSGC says regular supply from Zamzama gas field to resume from November 4.

All Kharif crops missed their targets due to the unprecedented floods across the country.

SECP attempts to address differences among KSE directors, nominees express concern regarding “weakening of governance”

The government indicates it will focus more on agriculture and small and medium enterprises.

Use of online tools likely to increase as Internet penetration and credit card ownership go up.

International Chamber of Commerce Pakistan continues struggle to implement international road transit convention.

The idea is to think out of the box and come up with solutions which are necessarily a win-win for all.

More competition from corporate Pakistan will force the rural elite to corporatise or else be rendered obsolete.

Prices of petroleum products are raised by up to Rs7 per litre in the biggest single-time increase in years.

OGRA has prepared a summary for an increase in petroleum product prices up to rupees 7 per litre.

Report criticises oversight and loopholes in RGST bill.

Pact not acceptable to Khyber-Pakhtunkhwa traders.

Tax collection target for first four months was Rs444.2 billion.

Loom owners warn of massive layoffs, closure of industries if power outages persist.

Ministries will be transferred to provinces as part of the devolution process, in accordance with the 18th amendment.

Government urged to intervene and resolve the long running issue of power outages.

50% GST discount on sugar to be repealed, taxable value to increase.

Foreigners turn net sellers after 21 weeks of buying.

ECC rejects proposal to increase support price by Rs50-80 per 40 kilogrammes.

Second delegation of IMF review team, led by Adnan Mazarei, arrives.

Major industrial associations meet today to finalise future line of action against 12-hour power outages in Karachi.

President Asif Ali Zardari says there is no option except to give a sharp boost to economic growth on sustained basis.

Indian traders selling cotton unlikely to honour most deals after failing to get registered with export authorities.

Karachi Electric Supply Corporation launches ‘disconnection drive’ on facilities of Karachi Water and Sewerage Board.

The federation and provinces agree on major points in the draft of the Reformed General Sales Tax (RGST) bill.

Oil marketing company itself owes Rs131 billion.

The benchmark KSE 100-index shed 37 points on the last trade session of the week to close at 10,598 points.

A summar­y of corpor­ate earnin­gs releas­ed on Friday.

Minister for Finance Dr Abdul Hafeez Shaikh announces set of upcoming economic reforms for private sector development.

Apple has for the first time outpaced Blackberry-maker Research in Motion in global smartphone sales with iPhone 4.

A summary of corporate earnings released on Thursday.

President Zardari has set up a three-member ministerial committee to resolve the gas supply crisis.

Meetings to be organised with leather industry delegates to highlight and address issues faced by the trade.

Economic Coordination Committee to review summaries for increase in support price for wheat.

Turkmenistan deny Russia’s statements that Gazprom could take part in trans-Afghan gas pipeline.

The deadlock between the federation and provinces over standalone services will be resolved today, it is expected.

The benchmark KSE-100 index shed 69 points to close at 10,635 on Thursday.

Technical negotiations between International Monetary Fund team and Pakistan end.

Traders and businessmen want government to take immediate measures to ensure safety from extortionists.

Dozens of compressed natural gas stations shut down across Karachi as pressure in gas supply lines drops.

Vice chairman of association says strike would continue until the government puts an end to gas loadshedding.

Afghanistan and Pakistan sign the Afghanistan-Pakistan Transit Trade Agreement (APTTA) in Kabul.

Federal cabinet approves framework agreement for Turkmenistan-Afghanistan-Pakistan-India gas pipeline project.

A summary of the corporate results released on Wednesday for the first quarter of financial year 2010-11.

Food and Agriculture Organisation begins large-scale distribution of wheat seeds.