Business

Metro-Habib reels from the increase in advance income tax.

The cost of each of the 3 “free lunches” when they ended quickly appeared in the shape of massive crises.

By making the birth of the Web visible again, CERN aims to emphasise the idea of freedom and openness it was built on.

Deteriorating security situation in Karachi dampens spirits.

Customers urged to be vigilant while receiving calls announcing cash prizes.

Bank reports a 9.5% decline in profits to Rs1.452b in first quarter of 2013.

Helped along by strong sales, stable prices of agricultural inputs.

Cement producer’s profits grow 62% in the quarter on back of higher margins.

Company’s profits helped along by revival in fertiliser business.

Largest contributor being the textile wing, followed by cement, power and banking divisions.

Third IPO Summit discusses the benefits of going public to raise funds.

After-tax profit plunges 44% to Rs183.6m in first quarter.

Regulator approaches SECP and CCP for action against oil, gas firms.

Rebasing exercise adds Rs557 billion to total size of economy; share of agriculture and services in GDP increases.

Pakistan will prosper best when decision-making power lies with one party.

Here is a short guide to things an entrepreneur needs to watch out for.

Why some African countries are more successful than us in roping in investment.

He has left a legacy for his successor to follow and improve.

The never ending cycle of loans, restructuring and then new loans will lead Pakistan nowhere.

Overseas Pakistanis already play a major role, why not include them further?.

A veteran internet marketer’s insight into Pakistan’s undercover internet industry.

CNG stations and industrial units in the Punjab, KPK lose gas indefinitely.

Focus on emerging markets of Latin America, Asia for expansion.

Iranian Oil Ministry Spokesperson Alireza Nikzad Rahbar announced that New Delhi has renewed interest.

Corporate sector – the major player – taps money market funds for liquidity needs.

Both ask each other to approach cabinet for removal of subsidy.

Domestic demand drops 9% in April from a month earlier.

Company is yet to receive grant of ten blocks it won on March 10’s bidding rounds.

Strong corporate earnings and possibility of a new IMF deal propelled market to record high.

Sees wide chances of trade, joint ventures between two sides.

Incurs a gross loss of Rs1.3b, but 44% higher other income saves the day.

Punjab taxi scheme drove car demand last year.

Contract for developing phase-II was given to a Chinese firm.

EBITDA quadruples, as the power company shows strong growth in revenues.

Index flirts with 19,000-point barrier in intraday trade.

Move came after SC cancelled previous chairman’s appointment.

Company’s losses extend 28% in 2012 to Rs32.4 billion.

Shortage of operational aircraft at the state-run PIA has created room for private carriers.

Industry needs modernisation to meet international hygiene standards.

Transporters said they haven’t moved goods since Wednesday, which saw a shutter-down strike in the port city.

Power producer reports 49% growth in profitability in 9MFY13 .

Oil and gas explorer announces exceptional profit of Rs76b.

Believes reforms will attract investment from the UK, boost trade.

Engro Corp’s fertiliser arm will be quoted on stock market by year-end.

IGI Insurance sees profits drop by 36.2% on back of higher claims.

Benchmark KSE-100 index gains 106 points.

Reports allege companies sold power fraudulently to the national grid.

Will have to bear additional subsidy of Rs200b this fiscal year.

Prime minister forwards his own recommendations to finance ministry.

Attributable to growing local sales and gross margins .