Business

Focus on economic development, creating jobs

Benchmark KSE-100 index rises 215.65 points

Currently, there is no information-sharing mechanism

Tariffs for domestic and commercial consumers will be revised in July this year

The provision charge against the non-performing loans remained under control in Jan-Mar

Revenue declined due to 45% YoY dip in Arab Light Crude price, says Topline Securities

Down 98% compared to corresponding period last year

Official blames increased import of used cars for flat earnings

The Board of Directors took into consideration the project for provision of ICTs for Basic Education Community Schools

IMF regional director assures no further loan deal on the cards as Islamabad ready for fiscal independence

Benchmark KSE-100 index increases 234.36 points

140 solar tube wells being installed for irrigation needs of Balochistan

Says CPEC building a stable platform for steady flow of FDI

Government continues to propose reduction of Rs200 per 50kg bag

Envoy says Dutch companies being encouraged to invest in Pakistan

Country has made great progress, more needs to be done, says country director Illango Patchamuthu

Former minister says nobody knows exact size of parallel economy

Net interest income amounts to Rs6.8b, up 12.3%

Islamic banks move to longer-term transactions

Also announces cash dividend of Rs5 per share

Total deposits grow 5% in the first 3 months of 2016

Benchmark KSE-100 index rises 421.54 points

Petroleum ministry will seek approval for any additional gas (beyond 91mmcfd) to be supplied to the fertiliser sector

But country’s debt burden and political risks are high

Shifts him to important slot in another department

Regulator to complete task before end of current fiscal year on June 30 in a bid to overcome revenue shortfall

Report accuses Privatisation Commission of committing criminal negligence

Car buyers will receive 4,000 euros when they choose a purely electric vehicle and 3,000 euros for a plug-in hybrid

Brussels says it would look into the unfair competition complaint from Getty Images

Swedish carmaker Volvo on Wednesday announces it would give self-driving cars to ordinary Britons to test in London

A move which could lead to continental price wars and reduce Russian market domination

Britain leaving the EU referendum would lead to average working Briton losing equivalent of a month's salary

Apple says iPhone sales drop, slipping to 51.19 million units in the recently ended quarter compared with 61.17

Non-interest income of ABL increased 11.1% from a year ago to Rs12 billion

The result was below market expectations, a number of brokerage houses said in their post-result comments

The main reason for the rise in non-interest income was the unusually high gain on the sale of securities

Board of Directors approves new firm to operate coal-fired power plant

Says country’s economy stagnant due to shortage of resources

CBI experts to assist enterprises via export coaching programmes

Growth more evenly spread out in Punjab, growing middle class one reason

Says learning and health opportunities for young will help country prosper

Benchmark KSE-100 index gains 163.18 points

Several uplift projects pertaining to CPEC are under way, says minister

Says data is old and full of flaws, calls for constituting probe committee

Given its sweep, analysts say the plan's boosters are likely to come up against an array of obstacles

Shipbuilders rack up massive losses after slumping oil prices sapped demand for tankers and offshore drillers

BP announces a net loss of $583 million (517 million euros) for the first three months of the year

His wealth was on display at his son's wedding, when performers included Sting, Jennifer Lopez and Enrique Iglesias

Ant Financial -- which is reportedly planning to go public -- says it would use the funds for global expansion

The yellow machine can lift a one-tonne object, being used to transport large parts in the body shop of Cadillac plant