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Short-term investment: To encourage savings, govt launches new scheme
Returns of National Savings Scheme raised across the board.
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Oil trade: Pakistan and India not on the same page
Islamabad seeks only petrol while neighbour expects a much larger order.
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Russian Team: Talks on gas pipelines
Both sides discussed treaties and financial modalities of the projects.
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Cabinet committee: Pakistan Steel revival plan wins green light
Capacity utilisation of mills will be enhanced to 60% by end of 2012-13 from a current level of 20%.
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Fuel prices to fall by up to Rs6.44 per litre
Ogra recommends passing on full reduction in global oil prices to consumers.
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Financial access: Banking, the convenient way
Average daily branchless banking transactions increased to 280,798 in the third quarter of fiscal 2012
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Sindh chief minister visits KCCI
Assures govt action on law and order; revival of economic activities.
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ICAP showcases revised Audit Practice Manual
Workshop held to outline amendments and structure of the document.
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‘Power crisis slashed Punjab GDP growth by 2%’
LCCI lauds govt’s decision to withdraw gas cut plan.
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Market watch: Stocks close flat as fiscal year nears end
Benchmark KSE-100 index adds 6 points.
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Experts for adopting ‘controlled atmosphere’ technology
This can increase shelf life of fruits and vegetables by up to 40 days.
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Pakistan should think about Reko Diq carefully: Thomson
UK High Commissioner talks about the impact on foreign investors.
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‘Dismal economy restricting broadband penetration’
Service provider also blames affordability issues, lack of infrastructure.
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Avenues for cooperation: Russia offers $500m for electricity import project
Money will be spent on establishing a power transmission system.
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Warid launches mobile app store
Warid Telecom announces launch of its mobile app store MyAppsMall for both prepaid and postpaid users.
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Microsoft loses EU battle, fine trimmed by 4.3 percent
Microsoft expresses disappointment at the verdict, did not say if it would appeal to the EU Court of Justice.
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Google goes up against Amazon, Apple with 'Nexus 7' tablet
The tablet, built by and co-branded with Taiwan's Asus, will sell its first tablet from mid-July for $199.
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ABAD meets with senior police officials
Discusses law and order situation in the city and police’s preparations.
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OGDC misses drilling target for third year
E&P sector focuses on existing reservoir rather than finding new sources.
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Rice exports once again cross $2b mark
Energy crisis, stiff world competition could not restrict exports.
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EASA to launch aviation training facility in Karachi
The maintenance training academy will provide UK aviation licences.
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Going public: Aisha Steel Mills aims to raise Rs100 million
Shareholders to offload 3.7% of their stakes.
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Market watch: Stocks rebound even as investors remain wary
Benchmark KSE-100 index surges 143 points.
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Award of $50m contract brought into question
Private firm alleges favouritism; demands action.
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Breakthrough: Pakistan to award gas pipeline contracts to Russia
Understanding reached, deal to be on govt-to-govt basis only.
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Power tariff increased by Rs1.51 per unit
Increase will be implemented in December.
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Desperate measures: FBR blocks refunds, forces banks to pay advance tax
Has to collect Rs142b in last four days of current fiscal year.
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India readies upgrade of 'world's cheapest' tablet
The first edition was criticised for its quality and distribution.
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CNG sector: Proposal to increase power supply submitted
Halting gas to captive power will add 2,500MW to national grid.
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PSO faces spectre of default on international payments
Seeks release of funds before June 29 as receivables swell to Rs212b.
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Top slot: Habib Bank appoints new president and CEO
Incoming CEO brings 30 years of banking experience.
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‘Gas supply to KESC should not be at cost of industries’
Industries should be top priority, supply to CNG stations can be cut.
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Market watch: Lack of triggers keeps market quiet
KSE’s benchmark 100-share index crawls up 14 points.
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Lost cause: Power sector receives Rs1.1t in subsidies
Yet energy crisis bites off 2% of GDP annually.
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Lawsuit: Engro claims Rs28.85b in damages from SNGPL
Enven plant received gas for just 43 days in 2012.
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CCP finds flaws in fertiliser price increases
Industry jacks up prices despite no change in input costs: report.
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Investment frontiers: Corporate Pakistan bets on growth in Africa
A majority of companies surveyed view the continent as a place of opportunity.
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Joint venture: Russia eager to assist in gas, power import projects
Energy working group to finalise plan for cooperation.
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President gives assent to budget for 2012
Budget had been passed by the National Assembly on June 14. Will come into effect from July 1, 2012.
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EU embargo already hurting Iran oil exports
Despite official denials, Iran oil exports have plummeted 40% in past six months to 1.5 mbpd: IEA.
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Pak skilled workforce losing competitive edge
Other South Asian labourers continue to outshine country’s workforce.
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Incoming: Linde Pakistan to invest Rs556m in power plant
The company manufactures and distributes industrial, medical and specialty gases.
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Govt to stop supply of 700MW to KESC
Company will be provided gas and oil to produce its own electricity.
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Pakistan seeks Indonesian support to join ASEAN
PTA will have positive impact on both economies: KCCI.
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Market watch: Bourse falls early in session
KSE’s benchmark 100-share index declines 89 points.
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Pakistan Railways operations go down to minimum
Passengers of express trains facing hours of delay.
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‘Geologists integral for exploitation of natural resources’
Geologists from across the globe discuss electricity shortage in Pakistan.
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Board of Investment: A 1960s bureaucracy serving the 21st century investor
Despite being a government entity, investment board struggles to cut through red tape.
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McLeod Road mammoth: State Bank profits down 10% over two years
The central bank is still the single most profitable entity in the country.
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Microsoft buys business social startup Yammer
Yammer has more than five million users, including workers at 85 percent of the Fortune 500 companies.

















































