Business

Karnataka’s IT minister says company expected to start manufacturing by end of April

New secretary will prove himself to the challenge as he has a wealth of experience of working in key positions

Sindh authorities fail to register privately owned cabs and collect taxes

Increased demand comes due to growing automobiles and higher CNG prices

Foreign Office clears way for signing energy agreement with Azerbaijan

Benchmark KSE 100-share Index loses 110.14 points

South Korean automaker signs MoU with Nishat Mills

Chinese companies looking mainly at cement, steel, energy and textile sectors

Earnings up 30% during Oct-Dec, result above expectations

Stakeholders ask government to announce support price

Expresses displeasure over huge spending on medical treatment of employees

More than two month ago, the central bank had made payments of $60 million

Looks to capitalise on changing landscape of country’s transportation network

Benchmark KSE 100-share Index gains 210.11 points

Freight train was transporting imported coal to Sahiwal power plant

Govt has imposed 17% tax on inputs of dairy sector, slapped additional 25% regulatory duty on imported powdered milk

Amounts to Rs256m during Oct-Dec

PM welcomes the international organisation’s executive director’s first visit

Says buyer will only think of profit, not about job-creating SMEs

There was a great need to raise the pecuniary limits of the claims to be arbitrated by these committees

Team from Turkmenistan will arrive to undertake route survey, feasibility study

Surge comes due to two new oil reserves; both fields added around 11% to December 2016 estimates

Govt also withholds appointment of new FBR chief

Will increase cold-rolling capacity by 0.4m to 1m tons

Benchmark KSE 100-share Index gains 698.19 points

Energy minister Khalid al Falih says the kingdom may raise US oil investments

However, market expectations of uptick in prices have increased

US reliance on Chinese imports have helped hollow out US manufacturing sector, states Economic Policy Institute

Meets FrieslandCampina CEO, briefs him on country’s economic reforms

Earnings per share drop to Rs9.26 in year ended December 31, 2016

Says exporters must work on marketing Pakistani rice in order to compete internationally 

Says investment will not disturb debt-to-gross domestic product ratio

he scheme will be applicable to all companies and will remain valid for three months from February 1 to April 30, 2017

Power producers delay payments, ministry seeks PM’s intervention

FBR receives Rs1.7tr in Jul-Jan against target of Rs1.83tr

Two-way trade is improving, but it is not in line with real potential

Chambers keen on bringing govt to negotiating table to find solution

Says govt has released funds for broadband services in far-off areas

Govt moves to fulfil one of the remaining conditions of the World Bank loan

Benchmark KSE 100-share Index falls 214.57 points

Appreciates stakeholders for showing key interest in debate

Earnings per share increased to Rs 9.68 during Oct-Dec quarter

Total external debt, liabilities swell 14.6% to $74.6b by Sept 2016

PALPA president in favour while vice president, general secretary against sell-off

Sick unit’s total liabilities stand at Rs138 billion

Fesco, Iesco and Mepco report financial losses for fiscal year ended June last year

In 2015, the company had earned Rs5.1 billion

Pledges support to PTDC that will develop tourist resorts along CPEC route

Benchmark KSE 100-share Index falls 991.53 points

Asks for Rs1b in damages due to malicious content aired on Dr Shahid Masood’s show