Business

FBR chief asks the rich to sweep their own doors first.

Loans will be spent on promoting education, reducing gas wastage.

Minister believes economy has grown by 4% instead of 3.2%.

State agency issues tender inviting contractors interested in project for pre-qualification.

$350 million approved for education sector reform program, $200 million credit for enhance supply of natural gas.

The stock market had a mild scare but economists say their forecasts for 2013 remain unchanged.

Company’s revenues benefit from rupee depreciation.

Country’s largest car assembler sells 30,642 units in three months.

Allege manufacturers creating artificial shortage.

Urea off-take improves 65% MoM, but down 37% YoY.

Former ambassador outlines benefits of trade normalization.

Ministry stops oil supply on credit as PSO receivables cross Rs200b.

Benchmark KSE-100 index loses 152 points.

Company to establish cement grinding facility in Iraq.

Net profit increases to Rs4.87 billion in the first quarter of 2012.

Priorities committee sets Rs371b for federal projects, Rs475b for provinces.

Petroleum ministry alleges it was bypassed in formulation of new regulations.

Economy grew by 3.2% compared to 4.2% target for this year.

Spam emails from Pakistan now account for 3.3% of total spam in the world.

Nepra rejected the request made by CPPA and allowed Rs 0.59 per unit for February and Rs 1.79 per unit for March.

MNA says such events highlight struggle for economic revival.

OGDC signs supply contract before announcement of policy.

Sales blossom on better prices and increasing volumes.

Company’s primary product faces a high supply and low demand situation.

Crippled by high costs, growers switch to sunflower and maize.

Benchmark KSE-100 index gains 85 points.

Price reduction comes on back of shrinking sales.

6,000 growers will receive assistance to purchase vehicle.

Javed brought in again to turn around steel giant’s fortunes.

Carrier insurer Reliance Insurance is one of the smallest insurance companies in this field.

Federation’s petition says verdict declaring involved functionaries corrupt is based on presumptions.

Reserve Bank of India is getting ready to invite applications from interested commercial banks.

Javed had previously served as chairman of Pakistan Steel Mills from September 2006 to May 2008.

Participants were briefed regarding investment portfolios of investors.

Finance Minister wraps up visit to IMF-World Bank spring gathering.

500 households were using gas through illegal connections.

Ansari takes over from long-serving Asad Umar.

Posts loss of Rs1.4 billion in three months.

Allied Bank joins the pack chasing HSBC’s local assets.

Benchmark KSE-100 index gains 49 points.

Natural gas will move to Pakistan as early as 2016

Shipments were down in the range of 22% to 43% in March.

Move to encourage much-needed foreign flows, say officials.

Has worn out his welcome by extending his tenure for 7 extra months.

Project to get funds from engineering contractor, infrastructure cess.

Experts warn food inflation could pose major challenge in coming years, more than half of population food insecure.

New ordinance was signed as the previous one expired in March.

During his earlier tenure at Citi, he held various roles in Pakistan and Africa.

NIT employees who attended the ceremony appreciated the initiative of the government.

The member was issued a show cause notice and was provided two opportunities of being heard.