Business

Drive against default and gas theft will continue.

KSE benchmark index falls 95 points.

Loans worth Rs263b given to farmers in 2010-11.

Loans, exports and remittances provided support.

Inflation may rise again in second half due to base effect.

Chinese firm offers to build smelting and refining facility, leaving mining to Tethyan.

Foton Motors to also provide 111 buses to Lahore Transport Company.

Estimates to be based on economic growth, inflation, audit and new taxpayers.

KSE benchmark index falls 95 points.

New record of $18.31 billion was due to a rise in remittances from overseas Pakistanis and a jump in exports: SBP

Firms will be allowed to promote multiple objectives.

Banks resist tax officials’ attempts to obtain details of account holders.

Profit of Rs216 million in the first half of 2011 against loss of Rs177 million in the same period last year.

Agreement with Afghanistan does not cover ISAF goods.

Diplomat identifies number of areas for mutual cooperation.

Prices per tola (11.7 grams) of the precious metal rose to Rs53,500 on Wednesday.

KSE benchmark index falls below 12,000 points.

Tax body rejects companies’ request to get accounts audited by external auditors.

The court heard arguments from both the prosecution and the defence before rejecting Moin Aftab's bail.

Association urges government to continue the existing free trade policy.

Hurdles in implementation of energy projects will be removed: Qamar.

Cabinet Division sidelines Oil and Gas Regulatory Authority.

Net collection stands at Rs84b against target of Rs110b.

Imported almost 85% of the country’s total earnings from date exports.

Karachi Stock Exchange’s benchmark 100-share index declined 27.06 points or 0.22% to end at 12,226.33 points.

Companies get a masters degree holder for the price of an undergraduate.

Japanese company acquires 50 acres at Bin Qasim, Karachi.

Labourers caught between a rock and a hard place.

Major reason behind the increasing prices was supply hiccups and widening gap between demand and supply of food items.

Opportunities for women, rural areas rising; minister doubts the figures.

Employees asked to complete major development projects.

Public Accounts Committee informed about outstanding dues.

‘Rs10 offer is higher than December 2010 book value’.

Discount rate cut to 13.5% against market expectations.

Policy rate cut likely to accelerate currency’s slide.

Investors of both countries interested.

Mechanism to be devised for implementing joint energy projects.

Lucky announced plans to set up a one-million-ton manufacturing plant in Congo under a joint venture project.

Lowered interest rates to increase corporate profits: report.

Costly imports of urea the reason behind government decision.

The ban will benefit both the leather and meat export industries.

Government appears uninterested in pursuing the investigation.

Authorities looking to increase monitoring.

Low barriers to entry encourage entrepreneurship, but universities stifle it.

Analysts question the wisdom of buying what is described as ‘a piece of junk’.

Ogra refuses to own the decision.

USA has an operating cash balance of $73.7 billion. Apple’s most recent financial results put its reserves at...

SBP announced the ceiling for overnight reverse repo rate has been reduced from 14 % to 13.5 % per annum.

Drop in key policy rate not expected to have any impact.

Conference planned in October to woo foreign investors.