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Market watch: OGDC leads rally as KSE recovers lost ground
Benchmark KSE-100 index gains 175 points.
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Overseas Pakistanis send home $1.4 billion in July
Amount is 16% higher than last year’s.
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Pakistan, India: WTO blames politics for lack of progress in trade talks
Both sides have to take steps to give a push to the process.
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Credit crunch: AJK in need of immediate cash injection
State asks the federal government to immediately release it Rs1.7 billion.
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Contractionary monetary policy: Govt dragging feet as IMF demands interest rate hike
Finance ministry fails to convene meeting of Monetary and Fiscal Policies Coordination Board on the issue.
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Pak-China ties: Gawadar port one part of a larger plan
The Sino-Pak economic corridor will strengthen economic links across the region.
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Policy: Industry a priority for government, says minister
The minister said the national security policy would be announced soon to control terrorism.
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Branchless banking registers double-digit growth
Transactions worth Rs171 billion processed in Jan-Mar quarter.
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Police seize counterfeit HP products
Hewlett Packard in global drive to combat illegal manufacturing, sales.
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Eidi money: SBP issues Rs139b worth of fresh notes in Ramazan
Fresh currency notes in denominations of Rs10 to Rs100 issued this year was almost double compared to last year.
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Banks are not too big to fail as core earnings expected to drop
Brokerage firms maintain bearish view on the fortunes of the banking sector.
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Leaving in haste?: Chevron exits fuel retail, storage business in Pakistan
Total PARCO acquires operations, including 12% Pak Refinery stake, at $180m.
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Government to ‘seriously’ consider giving gas quota to CNG sector
Petroleum minister assures industry of all fair demands.
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Surging wheat imports by China, Pakistan to buoy bulk rates
Islamabad to import up to a million tons after production was hit badly.
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Corporate governance: World Bank cautions against nepotism in SOEs
Bank urges government to stop using positions in state enterprises as prizes for political supporters.
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IMF agrees to allow Pakistan to seek $6.6bn: Officials
The IMF's executive board will formally approve the package for Pakistan sometime in early September.
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Market Watch: Earnings optimism extends KSE rally
Benchmark 100-share index gains 201 points.
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Troubled BlackBerry eyes sale, other options
Blackberry's global market share slipped to 3.7% while Android accounted for nearly 80%, survey suggests.
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Framework of Economic Growth needs to be revisited to achieve prosperity
Document provides answer to Pakistan’s current issues; the problem only lies in lack of implementation.
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Floods and state of the economy
What lessons learnt to minimise losses to economy, human lives.
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Time for results: End of the honeymoon, time to deliver
PML-N government cannot ride an endless wave of goodwill.
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Helping the homeland: Why a Diaspora bond for Pakistan is a good idea
Government could follow Israel and India’s example and attract investment through expatriates.
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Managing personal finances to enhance earnings
Simple ways must be followed to save, make efficient spending.
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Let there be light: Science, technology and energy crisis
Long-term development decisions must undergo rigorous scientific, technical analysis.
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US and EU car industries pull out of ditch
The US auto market returned to pre-crisis levels in July and the slump in European sales seemed to ease.
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Sheryl Sandberg sells $91 million of Facebook stock
The company shares closed Friday at $38.50.
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PayPal keen on collaboration for cash-free future
PayPal has also been working to let people pay for almost anything with Internet-Age digital wallets.
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Agricultural exporters look to academia for solutions
PFVA signs MoU with UAF for R&D to protect fruit and vegetable industry.
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FBR blocks proposal to slash withholding tax on wheat import
Says initiative will hit revenue collection, cause titanic loss to exchequer.
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Buksh Energy provides electricity to villages via solar power
Wants to expand project throughout Pakistan, fuelling entrepreneurship.
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Weekly review: KSE closes up 0.6% after volatile week
Market gains 615 points on final day to recover losses.
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Commodity trading: Gold expected to climb back up, says PMEX’s head
After a year of unusual price drops, traders expect the commodity to reclaim its value.
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Free hand: Finance minister handed absolute control over economic decisions
Unlike earlier, the decisions taken by the ECC will no longer need cabinet approval .
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Inflation: Steel prices to increase on electricity price hike
The cost of a billet will increase by Rs4,320, says PSMA spokesperson.
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Exercise book king turns final page
Hashim Sayeed, founder of Pakistan Paper Products, passes away.
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Cement sales may falter as construction slows down
Demand expected to pick up after end of monsoon, Ramazan.
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‘3G licence auction alone can take 6-8 months’
Required reconstitution of PTA has resulted in delays.
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Market watch: KSE stages comeback ahead of Eid holidays
Index climbs 615 points to close shortened week on a positive note.
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Corporate results: Fatima Fertilizer Company’s profits grow by a third in first half of 2013
Revenues grow by a fourth, results unaccompanied by any payout for the period .
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Government kicks off probe into steel mill corruption
Industries ministry to give details of mill’s income, expenses in ECC meeting.
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Cheating the tax-man: Gold traders drain precious foreign reserves
Traders used unscrupulous methods to sidestep official bodies .
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Free (policy) advice: WB urges normalisation of trade ties with India
In a policy note, WB also advises country to open borders, reframe transit trade treaty, adopt pro-consumer policies.
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Consumer court: Farmer sues seed seller for Rs1.2m
Muhammad Arif, the respondent, said the crop had not grown because the seeds had not been sown properly.
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Stocking urea: TCP awards tender for import of 150,000 tons
TCP received 15 bids, out of which 14 were found responsive in terms of prescribed evaluation criteria.
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Fixing ourselves: Development community urged for action instead of just floating ‘policies’
Former LUMS vice chancellor asks community to develop framework.
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Grey telecom traffic increases considerably
Information technology secretary calls for steps to control illegal traffic.
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Pakistan to establish its first laptop assembly plant
Facility will be part of government’s programme to develop skilled labour.
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Market watch: KSE stays bearish for third consecutive day
Poor earning announcements keep bourse on correction path.
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Corporate results: OGDC announces sub-par earnings
Profits decline as company intensifies exploration activities.
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Water storage in Mangla Dam reaches historic high
Power generation to jump by 110MW after increase.

















































