Business

Income rises due to enhanced plant efficiency, reduced line losses

Number still better than last year’s when 17,314 people filed tax returns

Authorities need to take into account consequences of underground gasification contaminating nearby water reserves

Benchmark KSE-100 index falls 241.99 points

Project’s upstream and downstream sections to cost $25 billion

It was further decided in the meeting to invite Russian quarantine officials to visit Pakistan

Government will now go ahead with Rs20b subsidy package for farmers

Says investment in upgrading technology has been inadequate

Clocked in at $820m in July 2014, improvement comes on back of reduced trade deficit

Lawmakers have opposed move to declare tax evasion as an offence

ICCI President stressed the need for Islamic banks to expand their network of branches

Earnings up 486% in Apr-June on the back of higher sales

Financial institution made a profit of Rs1.7b in April-June, which is up 16%

Draws comparison to China, wants country to explore more avenues

Benchmark KSE-100 index falls 84.45 points

Says it cannot bear more burden when competition is stiff globally

Arif Habib says debt market getting vibrant with each listing

Dar directs law secretary to review legal aspects, calls for taking people’s input

Clock up at Rs2.3t at the end of July; withholding tax partial reason

BoI gives presentation to finance minister, suggests ways to improve Pakistan’s rank in ease of doing business index

We believe that this bill will largely benefit the economy, though the lack of debate was very disappointing

Newspaper says Deutsche Bank is considering to sell its retail activities in India, where it currently has 17 branches

Company earns Rs9.6 billion or Rs15.3 per share during six-month period

Pakistan has one of the most liberal foreign investment regimes in South Asia

Company to invest $350m, which will result in transfer of technology.

Local airlines’ pilots join hands to protest open sky policy.

Decides to make long-term equity investment of Rs749.3m in Islamic bank

Major stakeholders need to undertake sincere initiatives

Points out CCP is already working with powers to perform such functions.

People losing interest in scheme; stringent requirements partially a reason

Benchmark KSE-100 index falls 42.02 points.

SECP should be looking to halt unethical practices, but it seems that it prefers to repress memory of the 2008 crash

In most cases, it is the seth, having no entrepreneurial skills, who runs these units guided by personal whims

The revenues for the period increased by 5% to Rs9.8 billion

This will be the current year’s third delisting

Says agents such as SaarcFinance should be used to spread mutual interests

ICCI chief says flash floods have been a common occurrence

Benchmark KSE-100 index falls 349.28 points

ADB offers help in setting up the agency to accelerate work on power projects

Amounts to $75m; number was just $18.4m in July 2014

Local banks to lend Rs50 billion to SECMC; project includes 660MW power plant

Trade policy framework finalised, to be presented to ministerial body

FBR takes up issue with SBP governor, meeting of banks’ presidents likely to be called

Country lags far behind the goal, performs poorly in the region

Planning and development process remains fragmented resulting in disorder and rework

Difficulty in deciphering laws and laidback staff allow for easy evasion

Manufacturers must focus on production organisation, training and tapping new export markets

Internet penetration in Pakistan is one of the lowest in the world

Clocks in at 17.8 tonnes in first half of 2015

Country should focus on big reservoirs to cut oil imports and power cost