Business

500MW of electricity to be added soon to national grid: AEDB

Retail rate goes up as OGDC increases price by Rs18,836 per ton.

Bank will not provide funds if competitive bidding is not ensured.

Cross-border transmission line will be laid to supply power on commercial basis.

Contracts worth Rs129b traded on the exchange.

Out of the total, 0.97m bales have been received in Punjab; 0.76m in Sindh.

Benchmark KSE-100 index gains 37 points.

New Delhi produces better quality petrol and diesel than Islamabad.

Growers briefed on modern ways to increase quality and quantity of fruit.

The Supreme Court was told IPPs had also agreed to the payment plan.

KESC topps list of gas defaulters with Rs41.805billion worth of outstanding dues.

Construction on the 750mcfgd Iran-Pakistan Gas Pipeline Project will start from December 2012 .

During the first half year, the bank’s total revenue rose 40% to Rs3.2 billion.

It was expected that following increase in Saudi Aramco contract price for gas, LPG prices will be upped by Rs19/kg.

Country needs to compile information to help combat diseases, make money.

The process is feasible for small holders of livestock.

To become a credible player, country needs to introduce globally accepted regulations.

Maybe it is, but there are many reasons for the netbook to hold its own.

As per agreement, PICT is selling a 35% stake to ICTSI.

Computerisation of record to end land grabbing, ownership disputes.

Says OGRA should be under the contro­l of the Minist­ry of Petrol­eum, to manage it in an effect­ive manner.

Revenue shortfall led to less transfers to provinces from federal divisible pool.

Candidates around the world took almost 370,000 papers, with 7,160 students successfully completing final ACCA exams.

Contraction is mainly due to a reduction in SBP’s foreign exchange reserves.

Pakistan to add 1bcf of gas, increase oil production: Hussain.

Hyperstar sales flourish, market leader Metro growth stabilises.

If KESC fails to pay up, gas supplier will suspend supply, take legal action.

Government blamed for ignoring gas pricing formula.

Investor sentiment remains buoyant on euphoria over ICH.

PM will take up issue with Chinese counterpart during upcoming visit.

Fuel prices reach all-time highs after third price hike in the month.

Fair showcasing finest goods from textiles, other sectors.

The company will be established in September while commercial production will start in October next year.

CPI for August stands at 9.1%, beating expectations of trend reversal.

Most funds go to mills and big farmers, leaving little for small ones.

Directs concerned ministries to coordinate and work together.

PSA began running the port five years ago but is preparing to leave: FT.

ADB says rating cut, circular debt main hurdles in way of investment.

Economic managers unsure where Rs70 billion spent.

Holds PR’s liquidity issues responsible for first annual loss of Rs10m.

Benchmark KSE-100 index climbs 138 points.

The deal is attractive due to no major initial cost: official.

Central Reserve Bank of India warns country's economic prospects unlikely to improve significantly in the near-term.

Negotiator says a clause in draft Pak-US investment treaty addresses essential security.

Indian policymakers say country needs double-digit growth to create jobs for hundreds of millions of young workers.

Zouhair Khaliq resigns from Warid’s board, to continue serving as a member of Wateen’s board.

Service to be initiated in major cities first; to be expanded nationwide.

Will collaborate with business schools for improving students’ quality.

Attock Group plays the lead role in pumping up the volume.

Credit lines were obtained after release of bailout fund.