Business

Seeks revision in rates, initially proposes 10% administration charges.

Chief urges government to make commodity cheaper.

Reading in line with analysts’ expectations, rate expected to remain around 6%.

Benchmark 100-share index gains 506.59 points.

His departure comes at a time when management at Engro Corporation has seen multiple exits of senior officials

Saudi reserves dropped from $732 billion at the end of 2014 to $683 billion at the end of April

The new Windows 10 software will come as a free upgrade to people who already use Windows 7 or Windows 8.1

PM decides to keep prices down to avoid criticism before budget.

Believes future holds more opportunities given developments in the sector

Bilateral agreement is necessary for Pakistan, China to provide legal framework to facilitate traffic

Those who believe coal technology is coming to an end are mistaken

Progress has to be made on MDGs that by far has been quite poor

Government must focus on policies to nurture economic ecosystem

Rejecting market economy is not just wrong, it is also ahistorical

Industry insiders term proposed regulations a non-starter

LHC ruling declaring imposition of electricity surcharges illegal raises power subsidies’ requirement to Rs250 bn

Pakistan’s textile exports could soar to $25 billion if the government took the stakeholders on board

Punjab striving to equip mining industry with latest technology.

The tech giant said it has a new version of its cardboard gadget, which consumers can buy for as little as $4

Around 50 local and five global companies displaying products.

PNSC wants revision in freight rates to address the issue

A fresh summary may be sent to the ECC for approval.

Govt wants to increase GST to 5% at yarn stage, slap 5% tax on cotton sales and another 5% on power consumption.

Proposed CGT hike and banking sector weighed on gains from the rate reduction

Private sector organisations urged to change their work practices and compete in knowledge-based economy

NBP branches will accept cash transactions till 5pm

Proposal comes in the face of regional competition, high production cost.

Step taken after inauguration of Green Line Train by Pakistan Railways

Some of them hint at making financial arrangements for the project.

Increases subsidy on sugar from Rs3 to Rs5 per kg.

JS Global-led consortium bags four out of seven contracts

A life-size model of Swiss cow painted by Phool Patti in traditional Pakistani truck art is also being put on display

People believe prices of everyday items will increase at a slower-than-usual pace

Initially produces 1MW that will be enhanced to 10MW by year-end

Benchmark 100-share index gains 293.31 points.

It is seen by analysts as a major boost for Prime Minister Narendra Modi a year after he was elected

The text in the message includes two English words, a string of Arabic letters and one Japanese character

Service would work at more than 700,000 US retail outlets that accept contactless payments

Feedback from ambassadors posted in 170 countries.

Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 1.8% on a weekly basis on May 22

PQA wanted waiver; now asked to arrange it through own resources.

Entrepreneurs review joint venture opportunities.

Govt will provide housing facilities for 500,000 people by 2018.

Govt may keep rates unchanged in order to avoid criticism

Benchmark 100-share index falls 79.11 points.

Asks finance ministry to include the Rs12b project in budget

Say market is totally documented, contributes a lot to national kitty.

Dar is targeting 5.5% growth for 2015-16, which is considered ambitious due to a tight fiscal policy he is following

Pakistan’s business history to see blank spaces; listed companies’ financial statements to be discarded

CPEC is not a single project or route, but the question is which route to take first