Business

Fears railways will not be able to repay, PRACS may go bankrupt.

Benchmark KSE-100 index gains 203 points.

Govt fears for future investment in energy sector, to file review petition.

Immediate investment of $6 billion will solve Pakistan’s energy crisis: USAID.

Government should have been trying to keep a check on massive circular debt that has exacerbated the power crisis.

FIRs for counterfeiting currency increase 44 per district in January.

Pakistan team to hold talks with relevant officials, different companies, including Russian gas giant Gazprom.

Pushes for better recovery of outstanding amounts.

Set up centre to ensure energy efficiency in industry.

SBP spokesperson says it is very difficult to completely control counterfeiting of currency anywhere in the world.

Speakers call for greater government involvement.

Despite this, manufacturers complain about low margins.

Have to pay millions of rupees to commission agents.

Leading zones report 40-60% drop in production.

Project may be withdrawn if not implemented within time-frame.

Govt loses Rs18-20b in revenues during three days of violence.

Benchmark KSE-100 index sheds 16 points.

OGRA proposes to keep oil prices unchanged, provinces again given option of taking on the burden of subsidy.

OMCs had accepted demands of tankers that they would the fare as specified by OGRA and OCAC.

The verdict is on cases involving alleged corruption in contracts of and payments to rental power plants.

The rate of software piracy in Pakistan was 84% during the past year, according to a study conducted by the IDC.

Engines have been overhauled with Railways’ resources

Industries facing outage of 4 to 6 hours, according to FESCO

Dr Ashfaque Hasan Khan terms Pakistan’s growth rate lowest in region.

"Positive thing about today’s rally was the rising rupee turnover that crossed [the] Rs9 billion mark,” Equity dealer.

Asks what govt can do in face of crippling circular debt

Ministry hands over the project to investment board to find interested parties.

Benchmark KSE-100 index gains 126 points.

Stock markets will shift from being oligopolistic partnerships to listed corporations.

Company management says auditors’ point of view is incorrect

TAPI project faces a setback as Afghanistan pulls out.

Focus on joint ventures urged in order to explore new avenues of cooperation.

Seminar speakers emphasise Thar reserves hold key to ending energy crisis.

Banks/DFIs asked to surrender deposits idle for 10 years.

Locally manufactured urea sales plummet in February

Law will convert bourses into for-profit entities owned by shareholders.

Powering tubewell pumps with solar energy can save 7,000MW: expert.

Accountant General Punjab withheld income tax of govt employees.

Benchmark KSE-100 index jumps 163 points.

Major industrial, commercial centres stay closed after killing of a political activist.

Forced Islamisation halted bank’s progress, says CEO Bilal Mustafa.

Power companies send notices to the state-owned Central Power Purchasing Agency for clearance of Rs42b dues.

MMA Airlines will fly from Ras Al Khaimah to Lahore and Karachi from May.

SECP has waived monthly subscription fee for SMS alert facility provided to investor account holders by the CD.

Benchmark KSE-100 index gains 13 points.

Adamjee Insurance’s net profit plummeted 73% to Rs132 million in 2011.

Shahbaz Sharif to stand by industrialists at march against electricity price hike.

Finance ministry asked to release Rs4b to keep the plants running.

10 more trains scheduled for public-private partnership programme.

With this latest product, MCB intends to redefine customer behaviour by building POS usage habit on debit cards.