Business

Feasibility study of Thar coal reserves confirms two billion tons of coal reserves are available in Block II alone.

Net profit of Pakistan Petroleum Limited rises 49 per cent to Rs7.79 billion during first quarter of this fiscal year.

Sui Southern Gas Company announces it will resort to gas outages in Sindh for 10 days starting October 26

Current account deficit for first quarter of current fiscal year (July-September) narrows to $545 million.

Government decides, in principle, to revoke all unnecessary exemptions under income tax.

The bank earned dividend income from stocks like Fauji Fertiliser Company, PSO and Hubco.

Single-member bench admits petition filed by PICIC employees which was amalgamated with the NIB Bank.

A Russian satellite company has expressed interest in investing and modernising home TV technology in Pakistan.

Donor-dominated budget formulation process superfluous: Pildat.

The FBR is to present its audit report’s findings at a meeting of the Public Accounts Committee (PAC) on Tuesday.

The oil deregulation policy has been approved by the Economic Coordination Committee (ECC) of the cabinet.

Stocks continue their upward march on the first trading day of the week despite increased violence in the city.

Aptma has said that the implementation of the EU package will not result in a shortage of yarn in the local market.

Employees of PTCL, NBP, HBL and IDBP to get 12%government shares soon.

RGST to start from December 1, fiscal policy board to implement tax reforms.

What Pakistan urgently needs is supportive measures from the government in the form of supply side policies.

Never underestimate the power of casual disregard when it comes to dealing with the biggest issues of your time.

This is the way this enterprise ends: not with a bang but a whimper.

Off-by-one pricing psychology: The most prevalent pricing gimmick and the way it disrupts the mind’s framework.

At a time when production of food crops is quite critical, talk of water shortage for irrigation is quite disturbing.

A growing number of people, instead of buying homes, opt to put their money in a bank and pay rent from the returns.

Pakistan yet to face realities of the Internet-dominated world, but growth in usage and eventual overturn inevitable.

Small farmers – those having less than 25 acres of land – would be eligible for receiving Rs2,400 per acre.

World Bank proposes that FBR should issue specific code of conduct or ethics for customs officials.

The Federal Board of Revenue releases data in light of the negotiations on RGST amongst provinces and federation.

The first of its kind, fully-automated grain and fertiliser terminal is all set to welcome its first vessel.

Arrival of Ideos points to increasing trend of local carriers offering phones running Google’s free operating...

The country’s expenditure has exceeded its income in the wake of mounting world pressure to tax privileged classes.

The stock market maintains its upward momentum supported by the increase in foreign purchasing during the week.

The company had declared a dividend for only 25 per cent of shareholders on August 25.

Traffic on Cathay Pacific and Dragonair goes up by 18.4 per cent compared with figures for the same month last year.

Ministry of commerce says Pakistan is obligated to provide Nato and Isaf forces with logistic support and strategic.

Supply of gas to KESC increased to 180 million cubic feet per day (mmcfd) by the Sui Southern Gas Company (SSGC).

Furnace oil prices bump up by Rs1,841 per ton following successive increases in international crude prices.

Unannounced and uninterrupted power outages by KESC has created tremendous hardships for industries in last two days.

The surprising element at a time when there is uncertainty is the continuous foreign buying in the local stock market.

Asian Development Bank and World Bank instruct Pakistan to hire services to ensure transparent disbursement of aid.

Cotton prices rise by Rs100 backed by a constant increase in prices of New York cotton amid tight global supplies.

Technical committee of National Finance Commission unsuccessful in creating consensus amongst provinces.

The Karachi Stock Exchange benchmark 100-share index ends 0.27 per cent or 28.56 points higher at 10,437.58.

Italy’s support for special trade favours to Pakistan conditional on regional rivals being denied similar concessions.

Total foreign investments between July and September down by $181 million against same period last year.

With his newly designed N8 in hand, Mikko Aarras, senior designer, Nokia truly works, lives and breathes Nokia.

World Bank concerned over non-integration of container X-ray facility at Karachi International Container Terminal.

Over 50,000 visitors expected at IGATEX in Lahore as 400 companies from 25 countries confirm participation.

Committee on Reformed General Sales Tax (RGST) on services fails to convince provinces on transfer of taxation.

Rising inflation greatly affects economic growth and all segments of society.

Rates of the precious metal have been rising steadily over the past three months.

Pure terephthalic acid (PTA) and paraxylene (PX) prices at two-year highs according to Topline Securities.

Debt must be cancelled because of destruction caused by floods and relief reconstruction costs.