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Fuel: Govt informed of possibility of oil reserves in Kashmir
India was exploring oil and gas from occupied part of the territory, says Raza Ahmad.
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Wind projects to start generating power in a year
Sindh has approved 26 projects with a combined capacity of 1,000MW.
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Rupee hits 104.7 in open market, recovers later
Exchange firms believe currency will regain lost ground soon.
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Petroleum products: OMCs, dealers may continue collecting high margins
Study aimed at finalising margins remains incomplete after three months.
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Market watch: Rally ends as KSE experiences correction
Benchmark KSE-100 index falls 203 points.
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Cash strapped: PSO still in the grips of circular debt
Company receivables at Rs90 billion despite government payout.
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Year of the yarn: Nishat Chunian acquires Taj Textile for Rs350 million
Business is booming as China fuels yarn demand, Pakistani exports predicted to increase in 2013 and beyond.
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(Un)healthy animals: Australia clears exporter of responsibility for sheep cull
Insists the exporter of sheep to Pakistan complied with all the conditions.
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Seeking ‘best’ advice: Etisalat hires Goldman to advise on Warid acquisition
Acquisition will give UAE-based operator an opportunity to consolidate its operations in Pakistan.
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Focused approach: Govt to provide subsidised electricity to industries
Pledges to attract foreign, local investment to reduce unemployment.
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Energy mix: PEC sets up on-grid solar power generation project
The excess electricity will be delivered to the national grid under a Feed-In-Tariff regime.
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Fund of funds: UBL’s mutual fund IPO attracts Rs825 million
Principal Protected Fund II has attracted investments from various sectors.
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Finance minister briefed on privatisation
Commission allowed to nominate one board member for each SOE.
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Engro may provide only terminal services for LNG import
Company denies getting fast-track LNG import project.
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Market watch: Bank stocks send KSE-100 to a new record high
Benchmark index adds 93 points to close at 23,776.
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Travel agents say future is bright
By focusing on tours and competition, agencies make profit despite lack of support.
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corporate results: EFU Life’s profit drops 22% on fall in investment income
Premiums, however, rise 14% in the six months ended June 30.
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Taking matter into own hands: SITE businesses want private guards with policing powers
This requires long and cumbersome legislation process, say expert.
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Diamer Bhasha Dam: US approves grant for due diligence, feasibility study
American involvement in project matters more than the funds it will provide, say experts.
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Dollar rises in Asian trading
The dollar had been boosted by speculation that the US Federal Reserve would wind down its massive stimulus drive.
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OGDC MD resigns on fears of being sacked
Govt in process of removing heads of some oil and gas firms.
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Urea import to cost Rs452 billion, claim manufacturers
Industry says it has sufficient capacity, can even export fertiliser.
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Corporate results: Provisions for bad loans eat up Askari Bank’s profitability
Reports a loss of Rs4.1 billion for the semi-annual period, announces 55% rights share issue .
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Market watch: KSE seesaws, but manages to close up barely in the black
Benchmark KSE-100 index rises 26 points.
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Non-life insurance: Growth stunted in sector despite high competition
Experts believe short-range business strategy has hindered industry-wide expansion.
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Steel Mills, KESC reach agreement over dues row
Power supplier restores electricity supply to PSM after partial payment.
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Sidelining the board, AEDB issues letter of intent for power plants
Board secretary writes letter to power minister, alleges wrongdoing.
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TAPI pipeline: Project participants, ADB fail to agree on advisory fee
Bank cautions project cost can rise past $10b from estimates of $7.5b.
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Details of Rs480 billion circular debt pay-off released
Rs23 billion worth of debt still needs to be paid.
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Scientists sound new warning for rising arsenic in rice
New study says arsenic levels of 200mgs or more per kg are found in significant percentages of rice grown in Pakistan.
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Fertiliser demand: TCP awards tender for import of 75,000 tons of urea
Tender is awarded to Swiss Singapore Overseas Enterprises
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Ssgc notice: CNG stations to stay shut for three days this week
CNG stations will be closed on Tuesday, Thursday and Saturday.
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US extends assistance in energy projects
FCCI would like to see a free trade agreement as well along with support.
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IMF bailout package may not be bad deal for Pakistan, say experts
Suggest govt should introduce fiscal responsibility, rely on direct taxation .
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Indo-Pak Trade: WB to help create policy, infrastructure for trade across Wagah
LCCI presents list of steps needed to World Bank, including visa restrictions.
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SECP report rules out insider trading in SSGC, SNGPL shares
Report assesses trading pattern of investors before and after increase in UFG.
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Pakistan Petroleum makes another discovery in Sindh
Fourth significant development since new govt took over in June.
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Market Watch: Earnings optimism drives KSE’s assault on record highs
Index gains 229 points to close at 23,658.
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Circular debt: Audit firm hired to uncover overpayment allegations
Industry people claim billions have been overpaid while wiping off circular debt.
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Border-talk: What Indians have to say about trade with Pakistan
Indian media tends to be either silent or bullish, with trust highlighted as a key issue.
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Stock markets: After years of effort, investment flow could not be eased
Process of removing restrictions may take another three to four years.
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Misconceptions about MFN: Trade liberalisation may not be death knell for Pakistan
As the debate surfaces again, there are supporters and detractors on both sides .
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Trade competition: Pakistan’s auto industry determined to find middle-ground with Indian counterparts
Local car assemblers are willing to import completely knocked down parts, but opposing imports of built units.
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Feeling the pinch: As trade liberalises, large players look forward, while small players unsure
Businessmen want govt to initiate a cost-benefit analysis before opening doors to India.
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Planning ministry outlines five year plan
Energy, infrastructure, private sector among main areas of focus.
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Special units to be set up in ‘new’ planning ministry
PM approves restructuring to promote trade with China, improve global ranking.
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Development: Khyber-Pakhtunkhwa governor meets with finance minister
Dar assures governor of the federal govt’s commitment to the province.
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As FBR falls short of target, Punjab’s share in federal taxes drops
Province gets Rs126 billion less than its share of Rs650 billion.
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Weekly Review: KSE-100 gains 1.7% as earnings season kicks off
Strong PTCL earnings acted as a catalyst for the market.
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Diamer Bhasha Dam: Govt seeks ADB financing to kick-start project, again
Bank willing to design a workable model for implementation.

















































