Business

This will help bridge gap between demand and supply of electricity

News comes amid report of document leak before budget speech

In contrast to other developing countries, inflow into Pakistan still growing

PSO leads the market in terms of sales volume in 2015-16

Will have to seek waiver for last loan tranche worth $102 million

Country will have oil in surplus after Khalifa refinery is set up

Currency: Rupee stable against dollar

Savings: CDNS collects Rs215b despite low rates

Trade relations: Bahrain delegation to visit Pakistan

Activists believe it will provide unfair benefits for big businesses

EC declared the two countries in violation of budget rules

Chinese, Turkish, Korean and Vietnamese firms submitted bids

During the week, the SBP made payments of $50 million on account of external debt servicing

It is hoped $200b will become part of economy and foreign reserves

Benchmark KSE 100-share Index gains 401.20 points

At the end of FY15, assets grew 10.1% to Rs738b, net profit fell 12% to Rs8b

K-P fails to resolve row over land acquisition for 870MW Suki Kinari project

NEPRA disagrees on govt argument; cut in tube well tariff also notified

The offloading of shares on the stock market will give billions of rupees to the government for budget financing

Indicating robust growth in construction activities in Karachi

Pakistan can relate to stress buying into safe-bets that events like Brexit inspire

Over the years, compliance costs and regulations have driven smaller players out of business

Report finds significant increase in income inequality in Asia’s emerging markets

Investors become victims of political rivalries; government is fixated on state-sponsored foreign investment

Trend of submitting lower sales figures, exaggerating expenses, claiming bankruptcies on the rise

Victorious: Uruguay wins against US tobacco firm

Impact: Jobs report lifts US, European stocks

Financial Inclusion: UNISAME lauds action plan

Levy placed in a bid to control rising obesity, unhealthy eating habits

Reassures measures will be selective; key sectors to be spared

Prices plunged nearly 5% on Thursday, leaving market ripe for bargain pickers

Discusses ways to strengthen investment, coordinate global strategies to spur activity

Expects 2016 growth to be 1.6%, down from 1.7%

Hints at improvement in financial sector in next phase

Better-than-expected data boosts markets in the US and Europe

Airline says it will resume operation in a few months when smaller planes are inducted into fleet

Investors skeptical over fate of investments as public-private partnership model fails again

No interruption: PSO to ensure smooth fuel supply

Stabilising finances: Troubled Brazil targets tighter deficit 

Defunct cyprus airways: Russian airline acquires logo rights

May 2016: Germany’s trade surplus contracts as exports fall

Income tax liability: US authorities query Facebook

Moody’s halves growth forecast for next year, retailers worry over sterling

Businessman says budgets do not create jobs, introduce technology

$13.2m is highly concessionary credit, $10.8m is grant

Buildings knocked down to make way for riverside development

Crude inventories fell by 2.2m barrels in the week ended on July 1

Political uncertainty, new taxes blamed for dampening purchasing power

It will help strengthen country’s finances, maintain peg of Iraqi currency to US dollar

Updated policy will counter tax evasion and address tax secrecy