Business

Sabharwal clarifies not all non-tariff barriers are Pakistan specific.

New gas discoveries in Sindh to be unveiled in 10 days, says Hussain.

Bank borrowing limit for the company enhanced from Rs41b to Rs60b.

Engro Corporation’s busy week keeps investors glued to updates.

Joint ministerial commission to meet in Abu Dhabi in mid-November.

During the week, average prices of 12 items decrease, while that of 24 items witnessed an increase, 17 were unchanged.

Pakistan and India, will consume most of the gas supplied via the pipeline.

State Bank raises limit from 10% to 15% of banks’ time and demand liabilities.

Government has issued orders to take action against those found guilty of creating artificial price hike of urea.

Rules dealing with investments in associated companies being revised.

KSE’s benchmark 100-share index surges 150 points.

Agriculture Chamber gives govt 48-hour deadline for ensuring implementation.

Ticketing and sales to be auctioned to private companies.

Term certificates issued to banks replaced with less expensive bonds and T-bills.

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.