Business

Stocks at the Karachi Stock Exchange managed to post gains amidst lacklustre participation from investors.

EU's trade concession package disappoints, primarily due to the exclusion of home textiles from duty-free items.

The country’s oil production remains stagnant at 64,000 barrels per day in the first July-September quarter.

Pakistan’s government must push through politically difficult tax reforms and curb government borrowing.

After reaching consecutive record highs, gold prices come crashing down on Friday.

The Trading Corporation of Pakistan sells 25,200 tons of imported sugar in the open market on Friday.

Shops and markets in parts of Karachi remain shut and business are severely affected.

Trading volumes at the National Commodity Exchange Limited (NCEL) grow 654 per cent to Rs51.76 billion.

Net profit of NCL surges more than nine times to Rs931 million during fiscal year 2010.

The federal government has decided to float a certain percentage of shares of power distribution companies.

Stocks continue the bullish run and cross the 10,300-point level at intraday on Friday.

Pakistan’s participation in the Gitex Dubai festival, one of the world’s top IT exhibitions, seems to be in doubt.

Pakistan is facing an unprecedented shortage of 7.6 million housing units reveals a latest World Bank report.

Report says country suffers Rs200 billion in losses due to tax concessions every year.

The move is meant to help Pakistan recover from devastating floods and maintain political stability.

Operation of clause 3 of constitutional Article 172 is said to be the main source of conflict between the two.

The company intends to inject Rs3 billion into expanding its fertiliser business.

Meeting was meant to consider the approval of the General Statistics Reorganisation Act 2010.

Pakistan confesses that it has been negotiating with the IMF for a second successive bailout programme.

Oil consumption drops seven per cent during July to September on a yearly basis.

Pakistan’s CPI could reach a 17-month high because of an increase in food prices.

Exporters and businessmen welcome EU's move to grant trade concessions.

Local bourse remain active amidst buying from local institutions and foreign fund managers.

Gold prices continue their upwards march as an increase sends the price to Rs37,457 per ten grams.

International community forwards half a dozen questions before it can give billions of dollars for reconstruction.

New employment contacts assure ‘marketability’ both within and outside the organisation.

Yields on six-month market treasury bills rise to 13.14 per cent in an auction held by SBP.

Stock market remains range bound on Wednesday in another dull session amid lack of investor interest.

Govt’s share in total borrowing increases to 43 per cent from last year’s 40 per cent.

SECP launches a consultation process to reform the 2002 code of corporate governance.

Gold prices soar Rs350 to reach a fresh peak at Rs43,350 per tola (11.7 grams).

Sugar is sold on auction in the open market at different prices.

President Asif Ali Zardari signs the anti-trust bill for cracking down on business cartels.

FBR spokesperson says surcharge will be imposed on people who are paying taxes on their income.

FBR has also decided to document a list of smugglers, their accomplices and financiers.

Total bad loans stand at Rs460 billion at the end of June.

One-fifth of the amount is evaded by 38 individuals hailing from Karachi.

Information minister Kaira says Afghan goods will soon be exported to India through Wagha border under the agreement.

LPG marketing companies increase prices by Rs7 per kilogramme.

Pakistan’s privatisation programme is the most successful in South Asia, Central Asia and the Middle East.

Federal Minister for Food and Agriculture Nazar Muhammad Gondal proposes an increase in the support price of wheat.

Pakistanis have never been accustomed to the culture of savings and expect to borrow in times of need.

Pakistan Steel Mills is targeting 2012 to complete the process of being fully reliant on locally produced iron ore.

The benchmark Karachi Stock Exchange 100-share index ends 0.20 per cent or 20.17 points lower at 10,024.86.

Cement sales hit a 21-month low in September owing to passive domestic demand following the recent floods.

The State Bank of Pakistan launches a concessional financing and guarantee scheme to encourage farmers to sow canola.

The government will bridge the gap between the cost of generating electricity and end-consumer prices.

The prohibition of deceptive marketing is one of the four pillars enshrined in the competition law of Pakistan.

FBR slashes tax collection target for October by 3.5 per cent as compared to tax collections in October of last year.

Nokia gives Ufone exclusive right to sell its new high end smartphone, the N8 through its outlets in Pakistan.