Business

Seeks to remove last bottleneck in deducting tax on securities trading۔

Cost of projects also rises as ministry blocks release of funds.

Benchmark KSE-100 index climbs 65 points۔

Says prices are adjusted on basis of a formula approved by ECC ۔

FESCO launches campaign to recover outstanding Rs43m.

EAD official ruled out the impression that the Asian Development Bank (ADB) had asked Pakistan to seek NOC from India.

Surcha­rge on power consum­ers also under consid­eratio­n.

Rejects efforts for settlement, says province has full rights over project.

Recession-hit industry trying to tackle surging imports.

The cloud integration one the most outstanding feature of Office 365.

However, unconsolidated profits decline 3% year-on-year2012.

Clarifies misconceptions over PMEX’s performance.

Annual housing needs estimated at 1.1 million units.

Benchmark KSE-100 index falls 26 points.

Both banks decline to disclose sale price, to announce more details in coming days.

Experts recommend reinventing SAARC at fifth South Asia Economic Summit.

PSO receives Rs70 billion, IPPs also get some money.

Deal may be finalised during Putin’s visit next month.

"A consensus law had been passed to ensure continuity of economic and investment policy," says President Zardari.

Forum seeks to chalk out growth inclusive and sustainable policies for the region.

Service initiated with Rs500m investment in centralised software system.

Marble industry battling for survival.

Cement manufacturer’s profit swells from millions to billions in fiscal 2012.

Rate has been cut by 150 basis points, or 1.5 percentage points.

Benchmark KSE-100 index falls 14 points.

Crescent Sugar Mills closed to make way for residential real estate development.

Upgrade by MSCI can attract investment from big fund managers.

Technology giant appears keen on expanding its presence in the country, sending six executives to Karachi.

HSBC said that as of June 30, the bank's Pakistan business had gross assets of about $635 million.

Some economists fear the outlook is so poor that China may miss its official 7.5 percent growth target for 2012.

Ministerial team to study possibility of improved cooperation between Moscow and Islamabad.

Price of kerosene oil and high speeddiesel have been raised by Rs1.85 per litre and Rs3.39 per litre respectively.

Survey finds 78% cars in the country are not insured.

While second-hand are in demand, locally assembled vehicles are still selling well.

Caltex edges past Shell in survey targeting petrol-fuelled vehicles.

Car owners hang on to old vehicles.

Suzuki and Toyota neck and neck for the top spot in Pakistan.

Study shows virtually no documented cases of hyperinflation took place in a democratic country.

Industry asks government to take its representatives on board.

21,000 animals, rejected by Bahrain, unloaded at Port Qasim. Blood samples sent to different labs for testing.

Will display products at Automechanika fair in Frankfurt.

Assistance will help farmers realise benefits of value addition.

Obscurity surrounds Rs58b provided to procure oil for power generation.

Maybe the central bank can reduce government liabilities, but it probably should not.

Profit-taking witnessed as volumes decline at bourse.

Federal Adviser on Textile appreciated US efforts to promote trade and investment between US and Pakistan.

Goods traded in 10 trucks under watch of AJK and IHK officials.

China-Korea Trade Expo will be held from October 12-16.

Says exchange has failed to attract investment in farm produce.

Official says move will ensure uninterrupted gas supply to industry.