Business

Fertiliser demand continues to drop this year due to high input prices and slow activity in flood-affected areas.

The government decides to lower the tax rate by 2 per cent but will keep the higher rate intact for the current year.

Finance Minister distributes 168 cheques worth Rs420.8 million on account of sales tax refund amongst 41 claimants.

Stocks ended up in anticipation that the central bank may keep the discount rate unchanged in tomorrow's statement.

Increased dollar demand for import payments, especially of oil was the main reason for the decline on Tuesday.

The Asian Development Bank reduces its forecast target because of the flooding and its impact.

According to a spokesperson for Nepra, the per unit reference price of electricity has been reduced by 59 paisas.

The Playbook supports 1080p HD video via HDMI, USB connectors and is Flash supported according to news reports.

Supreme Court says all illegal loan waivers to be recovered, waiver policy to be tested under Article 25.

Centre, provinces agree to impose sales tax on services paving way for restoration of $11.3b IMF bail-out programme.

Spreads earned by the banking sector on fresh deposits and advances extended in August increase by 38 basis points.

Growth is hampered by poor enforcement of intellectual property rights laws and high consumption taxes.

Bangladesh has offered visas to Pakistani businessmen and has invited delegations to explore trade opportunities.

The Trading Corporation of Pakistan has floated tenders for the sale of 25,000 tons of sugar in the local market.

The Rupee has fallen to a record low, declining by a further six paisas with increased demand for the dollar.

The chief of the Consumer Rights Council says that the enactment of a consumer protection bill has become necessary.

A foreign consortium has said it is ready to set up a wind power project with an output capacity of 200MW in Pakistan.

Stock market remained almost flat on Monday as uncertainty on the political front remains intact, analysts said.

Once the government accepts the feasibility report, the company will invest in a gold and copper mining project.

Our inability to sort out basic operational matters, unfortunately, has become our biggest weakness.

Mechanised rice harvesting has created problems in export.

This economic team is so thoroughly out of options and ideas they are contemplating the inevitable.

Govt promises to pick up losses incurred by any province that shows flexibility.

Pakistan's economic situation is a mirror of India's 20 years back.

Most living in Pakistan will encounter a beggar within the next 24 hours, but the issue still persists.

Analysts change their stance on a revision in the interest rate by the State Bank.

The retail sector is about to undergo a dramatic facelift as consumers become discerning and demand greater choice.

SSGC and SNGPL submitted petitions to Ogra, seeking an adjustment to their UFG benchmark.

The centralised sales tax refund payment system is introduced by the FBR after approval from the ministry of finance.

Kardar says private enterprise is being discouraged by current policies.

General managers and other managers at different airports are replaced or transferred by recently appointed CAA chief.

Stakeholders say the hike in prices in Lahore was due to a sharp fall in supply.

BGC commits to investing $7 million by taking up a 25 per cent equity stake in Pakistan Cables Limited.

Govt decides to initiate a survey of electricity consumers to address issue of power theft.

Occasional riots in Karachi and economic mismanagement at the Centre adversely affects revenue collection efforts.

Prices expected to increase on the back of a surge of 15 per cent in rates of cotton during the last month.

Market fails to build on momentum generated in the preceding week as KSE-100 index falls 1.4 per cent.

The dam will irrigate more than 163,000 acres of land and generate 91 million units of hydel electricity per annum

Fauji Cement’s profit plummet 75 per cent to Rs250 million for fiscal year 2010 compared with last year’s Rs1 billion.

Six out of 10 analysts expect the central bank to keep its policy rate unchanged at 13 per cent.

The local currency lost another eight paisa in inter-bank trade compared with Thursday’s closing.

In Pakistan where literacy rate is to be nearly 50 per cent, many question the efficacy of digital media.

The stock market managed to close up 0.4 per cent on the last trading day of the week.

Mandates the use of the expedited tax refund system for the submission of refund claims from October 1 onwards.

Tarin says government should broaden the tax net by adding new sectors instead of levying new taxes on private sector.

Converting the one-time trade concessions for Pakistani textile exports into a longer term measure looks difficult.

Gold prices hiked sharply by Rs300 per tola (11.7 grams) to Rs41,450 on Friday from its previous peak.

The delay is giving rise to fears that the final package may not be all that beneficial.

Pakistan's media industry sees a game of musical chairs as senior journalists shift from one media house to the...

Legislation for rehabilitation of more than 3,000 sick industrial units is postponed.