Business

Karachi School of Business and Leadership to build new campus.

Due to adverse conditions in Karachi, the economy is suffering severe losses says LSE MD Aftab Ahmed Chaudhary.

Government withdraws withholding tax on cotton purchase but ensures its revenues won’t be hit.

Analysts had questioned viability of the acquisition.

Car prices increased on average by seven to eight per cent during financial year 2011.

KSE benchmark 100-share index jumps 99 points.

The Chinese would invest and reinvest for 15 years before taking profits.

Sui gas company says distributors, consumers take advantage of legal lacunae.

They demanded that the medicine shops pay at least Rs5,000.

Zardari assures Chinese company of providing security for their transmission projects.

Cheaper phone risks cannibalizing Apple's premium iPhone model but Apple needs to expand its emerging market share.

FBR directed to submit a report about the pending paras within one month.

Expected to fall in near future.

Ginners call off strike after coming to an agreement.

Ambassadors call on Zardari, discuss potential investment sector.

KSE-100 benchmark index loses 52 points.

Activities remain suspended as city shuts down on MQM call.

Five per cent federal excise duty on domestic supply also on the cards.

PSO in urgent need of Rs35 billion to retire letters of credit.

Iran says it is no longer holding talks with India on IP.

First Pakistani to be recognised by the MIT Technology Review in the past decade.

They hoard fertilisers and then sell it at a high price, claim protesters.

Finance ministry uses exporters’ money for budget financing.

Proposal awaiting approval from Ministry of Railways.

National Bank profits hit by huge provisioning.

Trade on track to meet 2015 target.

Prices have hit 13 new peaks in the last two months.

Tax on services is a provincial subject, according to the constitution.

Major reason for the closure of industrial units was financial constraints.

No new gas fields and scheduled annual maintenance of major gas fields will triple gas load shedding in winters.

Shortfall to increase due to annual maintenance of Qadirpur gas field.

World’s fourth largest superstore looking for new sourcing partners.

KSE Benchmark 100-share index rises 14 points.

Study says investments in industry will reach $2.4b by 2020.

Proposed petroleum levy to increase LPG price by 16%.

Economic Coordination Committee expected to approve proposal in today’s meeting .

The economic meltdown is a direct result of the debt crises in the European Union and the United States

Economists on both sides of the Atlantic have slashed growth predictions.

Rozee.pk is visited by a quarter of Pakistan's internet population in 2010 and its revenue streams more than tripled.

Analysts argue if traditional havens like gold and real estate are still safe.

FBR alleged to be disregarding the SME Policy.

State-run company fails to implement project.

Successful bidders will undertake to continue operations.

Farmers need latest technology and techniques, Agri Forum.

Top politicians and businessmen discuss coal mines’ future.

Sri Lanka to import basmati rice based on the Pakistan Sri Lanka Free Trade Agreement of 2005.

Rupee closed at 86.85/90 to the dollar—its weakest ever closing—down from previous record low of 86.80/85 on Thursday.

Price and quality of milk going unchecked.

Interest earned rose by 16 per cent to Rs45 billion while non-interest income rose 17 per cent to Rs6.53 billion.

Turkish wind farm will use $36.8 million loan to install wind turbines, increasing output to 56.4 megawatts.