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Caught in the act: Govt may constitute panel to revisit poverty calculations
Current figures depict a decline in poverty, contrary to ground realities.
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Bailout: Steel Mills turnaround a big challenge, says PM
Says making PSM profitable is a daunting task for the new management.
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Competition Commission takes issue with ICAP notification
Says barring non-ICAP students from ICAP member firms uncompetitive.
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Irrigation projects top priority
Satisfying country’s power and water needs are the prime objectives.
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Mansur elected head of finance panel
Vows to improve business environment, eliminate smuggling.
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Punjab revenue body starts functioning
It will collect sales tax from 14 sectors, 20% increase likely.
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Market watch: Investors display fatigue as Ramazan progresses
Benchmark KSE-100 index pares 11 points.
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136 ghost employees on SSGC payroll
Transfer of employees to SNGPL is underway: Managing Director.
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PSO dues: Power ministry asks for release of Rs45 billion
PSO needs money to pay immediately to fuel suppliers.
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Engro Fertilizers requests extension of loan deadline
Local giant hopes to replace SNGPL network with non-network gas fields.
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Change in strategy: After a decade, Pizza Hut eats up ‘all you can eat’ deal
The country’s largest pizza food chain aims to increase its target market.
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Better Indo-Pak trade ties remain as elusive as ever
As New Delhi drags its feet, Foreign Office places moratorium on further efforts.
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India seen holding back on reform; politics, poor monsoon to blame
Singh will hold off on anticipated reforms because of renewed opposition from party colleagues, coalition allies.
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Power crisis: PM rejects plan to increase outages for industrial sector
Forms load management committee to ensure equitable supply of electricity.
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‘IT to soon contribute significantly to economy’
NetSol CEO believes sector has reached maturity, needs five more years.
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Fertiliser plants on SNGPL network face Rs5.5b losses
Total urea sales have declined 52%; production down 33%.
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USAID to assist in production of dates
Pakistan missing out on its potential; exports 18% of total produce.
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Govt plans changes to key FBR posts
Move comes after NAB probe into tax relief for telecom firms.
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Corporate results: Fauji Fertilizer Company makes Rs10b in six months
Manufacturer decides not to buy 10% stake in Agritech.
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Market watch: Bourse gains as Fauji Fertilizer result sets mood
Benchmark KSE-100 index climbs 53 points.
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LNG supply: US energy giant helps Pakistan, Qatar reach deal
Ministry officials went to Dubai and London for talks with ConocoPhillips.
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Collusive activities: Medical centres slapped with Rs450m fine
Centres fixed uniform fee, divided market for medical tests of workers going abroad.
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Kashf Foundation announces partnership with global website Kiva
Association will provide loans to female entrepreneurs of low income households.
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For man who drafted Pakistan’s first IT policy, an honorary degree
Dr Zaidi was awarded the Sitara-i-Imtiaz in 2007.
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TCP all set to purchase 0.2m tons sugar
Company stocking up to meet rising demand during Ramazan.
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CDA seeks load-shedding free Islamabad
Authority inks deal with two Chinese companies for assistance.
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PSO seeks immediate release of Rs23b for oil imports
Company may face default if money is not provided by Friday.
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Market watch: Activity remains dull as investors await SC verdict
Benchmark KSE-100 index sheds 15 points.
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Banking spread falls to lowest in four years
Despite the decline, the spread still remains above 7%.
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Putin coming in Sept: Pakistan, Russia likely to strike deals for energy projects
Russian companies may announce investment in oil, gas, mineral exploration.
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Legislators have failed to frame credible policies: Shaikh
Finance minister speaks at seminar on Poverty and Inequality.
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New forays: State Life to enter Islamic insurance market
Govt-owned giant may launch Takaful by mid-2013.
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Survival mode: Pakistan Steel Mills gets Rs8.6b bailout package
Injection will not help the state-owned enterprise switch to a profit regime.
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Preventing accidents: Centres engaged in checking vehicles
Conversion on CNG is done by company fitted, at authorised and at illegal roadside workshops.
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ECC approves Rs8b bailout package for Pakistan Steel Mills
Committee also approves allocation of newly found gas reserves by OGDC to gas companies.
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Severe inflation affecting business confidence
Survey cautions growth across developed economies has hit a standstill.
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Thar coal project Step one complete, expert tells Zardari
Underground Coal Gasification to generate power in ten months.
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Legal documents approved: Demutualisation of bourses takes a step forward
Regulatory, commercial affairs of stock exchanges separated.
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NAB recommends top FBR officials for Exit Control List
Move comes following case on Rs47b allegedly evaded in taxes.
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Mutual funds witness highest growth in three years
Money market fund becomes the largest category of the industry.
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Market watch: Investor participation drops as Ramazan begins
Benchmark KSE-100 index sheds 37 points.
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Oil sales drop 3% as furnace oil demand falls
Petrol consumption shows stellar growth of 21% in FY12.
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ECC preview: Who is to pay the Rs736 million gas outage cost?
Gas suppliers, power producers likely to thrash it out in mediation.
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Cleaning up the mess: PSO demotes seven general managers
Action taken following findings of a four-member investigative committee.
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‘Investment treaties to be inked with US, Canada’
BOI chairman says deals to be finalised by December.
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Democratisation of innovation and technology
Innovation is a cornerstone of success for any corporation, society or country.
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Are religious beliefs a drag on economic growth?
An Islamic economic perspective on limits to growth of business.
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Pakistan struggles to meet Millennium Development Goals
The close link between family planning and economic success.
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Conflict, security and development: The hidden costs of violent conflict
Estimating cost of conflict on the economy is never easy, but even conservative estimates run into billions of dollars
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Point of concern: Has our banking system become unsound?
Non-performing loans of banks have more than doubled since 2006.