Business

Trade corridor connecting Islamabad-Tehran-Istanbul, planned to become functional this year.

Strong demand, falling stocks led to rate increase.

SECP amends transfer deed to remove hurdles in way of cash dividend.

Project to be implemented by SSGC; will improve gas supply.

KSE’s benchmark 100-share index closes down 50 points.

Electricity production expected to improve gradually.

Cotton, sugarcane and rice growers delay kharif crop sowing as the water levels in Punjab’s rivers stay low.

Sindh to keep pumps open despite call by apex body.

All Pakistan Textile Mills, Independent Power Producers Advisory Council, and fertiliser manufacturers teamed up.

Suggests time limit, restriction on foreign firms holding major stake in local concerns.

Indian High Commissioner says delay will affect not just business community but also common people.

CNG association members announced their plan to stage nation-wide indefinite strike from mid-night.

Environment Minister Tony Burke says GVK must work with national authorities to secure approval for the project.

European Union foreign policy chief to meet Khar and Gilani today.

California-based Meebo provides software that lets users share pages on social networking sites, including Facebook.

Anjuman Tajiran president says police also make their cut from gold heists.

Speakers highlight role of GM crops in boosting productivity.

During week under review, average prices of 9 items registered decrease.

Mutual funds’ negligence may result in increased risk exposure.

Association says will close stations from Wednesday against imposition of cess.

To provide overall planning, engineering and design input.

Both nations working with US on uplifting their agro-sectors.

CM says the situation will improve as the government is developing policing in the area.

Silicon Valley experienced electrical engineers open science learning centre for kids.

Board members say all promotions made in Feb violate merit principles.

Margin of textile businesses comes down.

Decline in regional peers, foreign selling pull market down.

US opposition has made it impossible for Pakistan to find a willing investor for its part of the pipeline.

MTN Irancell managed to obtain sophisticated US computer equipment despite sanctions.

Pakistan’s recent inroads into US and Japan markets may be lost.

Education, development spending will bode well for diversification.

Small loans may be one viable solution to Pakistan’s energy needs.

In the words of Hafeez Shaikh, ‘when people demand electricity, they actually mean cheap electricity’.

Banks play an important role and their security should be ensured.

Natural gas will be Pakistan’s safety net as we diversify our energy mix.

If reforms are not implemented, the idea of Islamic finance may die in infancy.

Asian stocks have taken a further hit as Europe's debt crisis came back into sharp focus.

Ishaq Dar says national debt has doubled to Rs12 trillion during the govt’s tenure.

Businessmen say government had not provided any substantial solution to the power crises.

Industry grew by 6.46% against last year’s negative growth of 7.09%.

WAPDA chairman lays stress on safety and protection of project.

Cement gets a good deal while fertiliser’s dark days continue.

Despite failing to address key issues, fixes for ailing departments, SCCI President says budget is balanced.

Cellular operators ignore guidelines as regulator has no ruling on the subject.

Daily average value of shares traded increases 6% to $58 million.

13% of development budget set aside for water programmes.

Surges 12.3% in May; data indicates price pressure may continue next fiscal year.

Power sector will receive a big chunk of Rs135b.

Benchmark KSE-100 index gains 90 points.

Development budget enhanced by Rs143 billion to Rs873 billion.