Business

Govt approves project on criteria that it will bear no financial liability.

Growth remains stagnant as foreigners continue to remain net sellers.

Shahid Hamid Parachi appointed in place of Isar Ahmed.

The stakeholders have 30 days to file comments and objections, if any, on the paper.

Rental power plants were ‘mother of corruption’: TIP.

Export Development Fund will finance the project.

‘Substandard seeds distributed after last year floods’. Hence farmers this year have asked for cash.

SPI for the lowest income group up to Rs8,000 has registered an increase of 0.55% over the previous week.

To revive alternative dispute resolution mechanism.

Karachi Stock Exchange’s 100-share index jumps 278 points.

Qamar asks electricity companies to improve performance.

Surprise growth rate reached after revision in data calculating methodology.

Traders say 100 cases of robbery, kidnapping occur every day.

State reserves fell to $13.44 billion while those held by commercial banks rose to $3.77 billion.

The result beat analyst forecast by at least 16% as they expected it, on average, to stand around Rs18.8 billion.

Proceedings adjourned till November 17.

Programme will focus on entrepreneurship, business ethics, communications.

Car makers express concern that ‘time is not right to open automobile trade’.

State-run companies to invest up to $1.4b in laying gas lines.

KSE’s benchmark 100-share index drops 104 points.

Capacity of first privately-owned wind farm will rise to 56MW.

Athar Osama’s vision to promote Muslim science gets recognised.

However, on month-on-month basis, fertiliser production declined.

Sindh floods damage 70 per cent of crop.

The improved earnings are primarily on account of increase in car prices and 17% surge in volumetric sales

The increase is mainly attributed to increase in short-term borrowing due to inter-corporate debt.

Substantial growth in earnings was because of massive increase in fertilizer prices.

Law to be amended to make stealing of electricity non-bailable offence.

Contract was awarded after international bidding.

KSE’s benchmark 100-share index falls 130 points.

All sectors will be supplied gas according to fixed quota.

PIDE study uses multiple criteria, says Pakistan’s middle class is growing.

The study also says that economic activity will continue to remain weak.

Flagship Lumia 800 and more basic Lumia 710 will go on sale in key European markets by the Christmas holiday season.

Zong is planning to launch dedicated value added services and products specifically for Man U fans.

Naukrify.com claims to have re-engineered the online job search and filtering process.

The final list of ranked universities will be used to gauge the status of higher education in Pakistan.

Industrial-Police Liaison Committee introduces a unique cash track device.

Pakistan had submitted less than 10 requests for content removal, though Google did not comply with the requests.

Ministry of Industries will impart hi-tech training to the skilled and unskilled work force in various fields.

Net sales rose 16% to Rs38 billion in first 9 months of 2011 compared with Rs33 billion in the same period last year.

MCB, UBL, Bank Alfalah all posted profits.

Industries will have to switch to alternative fuels in winter.

Upward trend of the industry is expected to continue thanks to higher cement prices, exports to India, Afghanistan.

Stable policies pivotal for the development of the sector.

KSE’s benchmark 100-share index crawls up 8 points.

Global market eases as refineries resume full operations after maintenance work.

He is the strongest among three names being sent to prime minister.

Damage to Thai crop likely to increase demand for alternatives, may raise global prices.

Poor harvest and lack of disease management major factors for the loss.