Business

Sindh govt warns of stern action against flour mills and retail outlets involved in selling flour at higher rates.

Investment in energy sector is dependent upon Pakistan’s ability to reform the sector as recommended in a report.

Volumes for businesses in Karachi dwindle to less than 20 per cent of their historic levels.

KESC announces power outages schedule for the industrial areas of the city, after months of smooth supply.

Representatives of Saarc member states start two-day deliberations here on Tuesday.

Stocks fall as investors book profits on rumours of a hike in the discount rate in the upcoming monetary policy.

The country misses orders of up to 750,000 tons of rice to date.

The purchase will increase OMV’s gas production in Pakistan to around 25,000 barrels of oil equivalent.

"Utmost priority in Pakistan’s energy sector is moving towards a diversified mix" says Junaid Qurashi, CEO SSJD Group.

Senior officials of Turkmenistan, Afghanistan, Pakistan and India ink the framework of an agreement.

Locusts attack cotton fields in areas from Ghotki to Khanpur Mehar sparking fears that production may fall further.

Government waives the 25 per cent regulatory duty on the import of raw sugar.

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Finance Secretary Salman Sadiq says the interest of this debt is being paid with the new loans.

PSO says it has wide-scale presence in Punjab, fuelling the province with a record 2,060 stations.

Oil price deregulation is unlikely to happen for at least two to three months.

Turkmenistan, Afghanistan, Pakistan and India on Monday signed the framework to go ahead with the project.

Electricity distribution companies have requested a tariff reduction of 24 paisa per unit for August.

An improved client disclosure mechanism and automation of the CDC will be introduced.

Hike may be inevitable when the State Bank of Pakistan (SBP) announces its monetary policy.

Investors remained on the sidelines waiting for clarity over the margin product and concerns of a possible rate hike.

Gold closed at Rs34,885 per 10 grams in the local bullion market on Monday, marking a new record.

Current account deficit down about 48 per cent compared with July’s deficit of $620 million.

Recent floods have adversely affected four out of ten borrowers of a small loan.

Launch of bundles accompanied by a TV commercial that has been drawing considerable attention for its off-beat theme.

World Bank urges Pakistan to take steps to reassure donor countries it is capable of using flood aid transparently.

Bank could provide up to $2 billion in trade finance, ADB said in a statement.

A 20 kg bag of flour is going for Rs610 in the outskirts of Islamabad, as opposed to the set price of Rs580.

The shutdowns and large-scale power outages the media so craved never materialised.

Fortune-tellers, precious stones sellers, and palmists set up shops on overhead bridges across the city.

The government needs to design an integrated transport policy where goods are enlisted for economical carriage.

Bar codes make it easier to track in-store inventory but are not without their shortcomings.

If there are 10 people willing to invest in the market today, at least four of them will eye mutual funds, said Sabir.

Credit history is the profile of an individual that tracks their entire record of credit-based financial transactions.

Experts come out with a host of proposals in the face of a report that Pakistan has lost millions of jobs.

Journalism has always influenced economics through the ability to shape perceptions and opinions.

A similar IDP tax following military operation in South Waziristan was declared unconstitutional by SHC.

The price of 24-karat gold on Saturday was Rs40,600 per tola, up from Rs39,700 per tola.

CEO of Topline Securities, said that the government has a fair number of options to produce the required funds.

The end to zero-rating of exports would open the floodgates of corruption.

The 12-megawatt plant will operate exclusively on agricultural waste.

Cotton supply from farms to ginning factories increased by 45 per cent.

All Pakistan Textile Mills Association has called upon the government to not impose the value added tax (VAT).

The ministry has released Rs12 billion on an urgent basis to Pakistan State Oil.

The benchmark KSE-100 share index rose 1.8 per cent in the short four-day trading week.

TAPI Gas Pipeline Framework Agreement (GPFA) will be signed in Ashgabad, Turkmenistan on Monday.

DG Khan Cement announced a 55 per cent decline in net profit for fiscal year 2010.

Nepra rejects a tariff readjustment request by Nishat Power to pass on part of the additional costs to the consumers

Electronic retail payments showed an increase of 6.2 per cent in number in the fourth quarter of fiscal year 2010.

Foreign direct investment flows to the country fell to $69.5 million in August 2010.