Business

Pakistan Petroleum Limited’s net profit soared 45 per cent, Nishat Chunian profits surge 175 per cent.

Plant expected to start producing 5MW by May 15.

Rising trend expected to continue despite drop in demand.

Total collection unlikely to exceed Rs120b against Rs151b target.

Wants power plants to be run on other fuels, offers to bear extra cost.

President seeks private sector involvement in developmental projects.

Makori East-01 likely to start producing 8,000 bpd as two formations have entered into testing phase on the field.

Body recommends import of LNG on a fast-track basis to overcome energy shortage.

Pakistan's economic problems are old, and the solutions proposed a decade ago are being proposed again.

India's government holding stocks of almost 29 million tons of rice and 15.4 million tons of wheat.

Finance ministry officials admit tensions, tougher conditions for loan.

Demand priority in electricity supply.

French company Verlinde to introduce its lifting equipment and services in Pakistan.

As companies’ data management needs grow, data security becomes pivotal.

Oil, cotton, petro-products, and consumer products companies post higher profits.

Announcements of company results fail to attract investment.

Gas curtailment, high prices take their toll on the sector.

NEPRA allows CPPA Re 1 per unit tariff hike over significant increase in the cost of power generation.

Step to bring transparency in settlement of investment disputes.

Government decides to increase the tax on commercial imports in a bid to boost tax revenues.

No deliberations held on price.

Window of inflationary government borrowing from SBP remains open.

Increase comes as a result of the increase in the price of furnace oil.

Valvoline’s entire range of products such as coolants and motor oils will now be available in Pakistan.

Diamer-Bhasha Dam, tight gas policy among issues to be discussed.

Poor processing and packaging facilities resulting in export at throwaway prices.

KSE-100 crosses 12,000 points during trade, closes 14 points higher.

Major players in oil, power, banking, fertiliser, and auto industries recorded an increase in profits.

Crisis hurting exports as buyers lose confidence in exporters: industrialist.

No financing for premium charged by dealers.

Now SLR has become same for conventional and Islamic banks at 19%.

Top political parties on board to discuss economic planning.

Total outlay expected to be Rs3.5 trillion, new taxes worth Rs100b planned .

MCB's profits increase while National Bank profits flat.

Four countries discuss gas sale and purchase agreement.

Official calls for proper strategy for direct access to Russian markets.

Trading volumes jump to 110 million shares as index gains 17 points.

Key members plan to finalise accord this year.

Finance minister shows reluctance in taxing provincial subject.

Average project completion period increases from 10 years to 21 years.

Minister met development heads from China, UK, Germany, Iran and Afghanistan during U.S. trip.

TAPI project envisages 1,735 km pipeline with total gas capacity of 90 million standard cubic meters per day.

Richard Branson, a British billionaire, points out common mistakes in businesses in an exclusive interview.

Tax authorities have expressed concern that revenue collection has dropped.

Seasoned entrepreneurs say universities make students risk averse.

Energy cooperation to be discussed during president’s visit to Moscow next month.

PTA has directed cellular mobile operators to take all possible measures for the verification of Sims.

Ishrat Husain calls for tightening rules for mutual funds.

Fauji Fertiliser Bin Qasim profits almost double along with Bank Alfalah and ABL.

Trading volumes fall to seven-month low.