Business

A number of Italian companies belonging to the agriculture sector are ready to initiate joint ventures.

The Senate on Wednesday recommended that the government withdraw one per cent increase in the General Sales Tax (GST).

Bureaucrats have won in their cause to block an overhaul of the taxation system that would include an imposition of the VAT.

The Senate's Standing Committee for Finance has rejected a one per cent increase in general sales tax (GST).

Faysal Bank Limited has bought a majority stake in Royal Bank of Scotland Group's Pakistan unit for 41 million euros.

Continuous sectarian and ethnic target killings in Karachi have worried businessmen from big industrialists to small traders.

Tense relations with India are costing Pakistan $1.8 billion in annual trade which can be saved by changing policy.

Prime Minister Yusuf Raza Gilani decided to provide an immediate financial relief of Rs41.4 billion to PSO on Tuesday.

The Karachi stock market saw high depression on Tuesday, but key indices were able to put a limit on losses.

Powerful selling pressures were witnessed at the Karachi Stock Exchange as all the major indices saw downward trend.

BP said the oil spill in the Gulf of Mexico had already cost it $1.6 billion.

People are increasingly gravitating toward the web browser to accomplish most of their daily tasks.

The US Coast Guard announced on Sunday that it has ordered BP to improve its plan to contain the oil spill in Gulf of Mexico.

Gold prices rebounded by Rs850 in the start of the past week with US jobs data not showing any clear signs of recovery.