Business

Haque and Mahmood deny differences, yet strategy for new growth framework still not ready.

If cattle smuggling is checked, prices will automatically come down.

Yaseen Anwar, most recently appointed SBP Governor, doesn't think Pakistan’s banks are serving needs of economy.

Authority issues guidelines to increase tax net.

Those mills who defaulted on payments to TCP would not be eligible to participate in the tender.

Move aimed at discouraging companies from wasteful expenditure.

Technology will help reduce fertiliser usage, increase productivity.

Genco Holding Company will seek to restructure its new subsidiaries.

Electricity companies expected to recover an additional Rs14b.

FODP body to review progress of implementation reports.

KSE’s benchmark 100-share index rises 61 points.

Opposition termed bill a ‘bombshell’ that will increase tariffs by 14% to 96%/.

Govt to seek swift release of financial assistance by ‘friends’.

Trading in the TFCs of the company will start at LSE from November 4, 2011.

Case of unilateral urea price hike sent to Competition Commission of Pakistan.

Lack of resources keeps modern technology away from farms.

Board formed last fiscal year to attract foreign investment.

‘SAP exhorts tremendous business opportunities in Pakistan’.

Summary for the increase will also be sent to chief minister Punjab soon.

Govt to work on long-term supply of gas to the company’s Deharki plant.

KSE’s benchmark 100-share index drops 17 points.

Attock Refinery witnesses highest drop of 14%.

Body proposed to bring gas regulator under petroleum ministry’s control.

Senior officers will have to give interviews and take tests for promotion.

Panelists say US opposition to IPI was hurting its friends and partners in the region.

The petroleum ministry also agreed on uninterrupted gas supply to the CNG stations from November 4 to 11.

Chief Justice maintains that plant was paid Rs4b and is supposed to produce 200mw of electricity.

SBP statistics show IT and ITES exports increased to $61 million in Jul-Sep 2011.

Proposed grid could reduce the power shortage in both the countries in their long term usage, says Gilani.

Currency swap arrangement has been concluded in Pakistani rupees and Turkish lira with a size amounting to $1 billion.

Company trying to engage with govt to resolve issue amicably.

Flurry of results fails to lift KSE-100.

Same quantity expected this month as well to meet high winter demand.

Urea price increases, prompted by Engro, help its biggest rival more.

Govt relies heavily on indirect taxes as only 29% revenue is met by direct taxes.

KSE’s benchmark 100-share index drops 106 points.

Labels it a sick unit whose losses are getting out of control.

China, UK and Hong Kong amongst potential investors.

Says it is an extreme step which can be blocked by the Supreme Court.

‘Tethyan Copper Company has so far failed to cooperate with provincial govt’.

The mobile handset market is changing its dynamics constantly.

New management promises Wateen focused on enabling customers’ lives, business by being responsive and innovative.

Undocumented industry is almost one-third of Gross Domestic Product.

Higher margins on urea – 57% against last year’s 45% – remained the major earnings driver for the company.

PSO’s sales, revenues grew 38% to Rs279 billion during July to September 2011.

Increased profits from Engro Fertiliser, Engro Foods along with lower losses from Engro Polymer help growth.

SECP tasks PICG to finalise proposed revisions to the code of corporate governance.

Decision taken after govt failed to provide required gas to new plant.

Damage estimates submitted to Asian Development Bank.

Ministry to send summary to Economic Coordination Committee.