Business

Building large dams without a broad consensus could be detrimental to national integrity, according to Zardari.

Cotton prices have shot up seven per cent in about one week.

A subcommittee has been formed to finalise details concerning the import of sugar into the country.

Deal involves Pakistan receiving "immediate and time-limited reduction" in duties on key imports to EU.

Adnan Khwaja has been removed as chairman OGDC as he is a NRO beneficiary.

CM Shahbaz says the government has decided to provide free seed to farmers as crops have been destroyed due to floods.

Delegation of the World Bank, headed by Carlos Silvani, arrived in Pakistan on Wednesday.

Munda Hydropower Limited has served a legal notice on the Water and Power Development Authority.

Price of onions has spiked to a new peak and ranging between Rs60 and Rs70 per kilogramme across the country.

Indus Motor Company (IMC) has announced an increase in the prices of Toyota cars.

Government is evaluating all possible ways to generate funds for rehabilitating flood survivors.

First consignment of a 320-megawatt dual-fuel power plant, gifted by the UAE, has arrived in Pakistan.

Refinery production declined by 18 per cent to 1.2 million tons in August on a year-on-year basis.

Women entrepreneurs are looking to raise Rs1 million to educate and train females.

Stocks fell with resistance above 10,000 points as investors awaited the outcome of SECP review.

Gold prices surged to record highs in international as well as local markets on Wednesday.

Hyper stores have emerged across the major cities of Pakistan over the last decade.

SECP has approved a concept paper for the margin trading system for equity trading at local stock exchanges.

Nokia World kicks off this week with the Finnish mobile giant laying out its plans to compete with the likes of Apple.

Britain and Denmark urge EU to grant trade concessions to Pakistan to help overcome flood devastation.

Government convened a meeting with representatives of power and oil companies to resolve inter-corporate debt issue.

Billing systems of most CMOs have been discovered accurate and instances of overcharging are few and far between.

Stocks surged on Tuesday to close above the 10,000-point psychological mark.

Pakistan has received over a billion dollars in relief goods, grants and soft loans from the international community.

Indus Motor Company’s sales have suffered the brunt of slowdown in rural areas following the floods.

Proposal for import of raw sugar as opposed to processed sugar was put forth by private sector and by experts.

Principal economic adviser was responsible for sending a different set of figures to PM Syed Yousaf Raza Gilani.

PIA’s woes continued as flights continued to be cancelled or delayed despite notice taken by the prime minister.

Various options to divert floodwater to Indus River, in view of water level in the lake, were put forth.

BIS announced a substantial strengthening of capital requirements for international banks.

Suggestions included interest-free loans for landholders in flood-hit areas and abolition of taxes on farm produce.

Meat One does not hope to make it big by targeting the rich – they want to sell to everyone.

Winning over trade concessions from the European Union and the US may not be of much help to Pakistan.

IMF had put forth several requirements for the release of sixth and seventh tranches.

Floods have caused a sharp fall in demand for artificial jewellery as sales dropped by 50 per cent.

SECP assured members of KSE that the proposed margin trading system will be on the agenda of the September 15 meeting.

PIA pilots' 'Go-Slow' policy continued on the third day of Eid as several flights were delayed or cancelled.

Recent estimates of losses from the floods have been placed at a range between $10 billion and $20 billion.

World Bank’s Board of Directors on Thursday endorsed the $115.8 million Karachi Port Improvement Project.

Traders say Eid-ul Fitr best selling period in the past with up to 1,000% profits, current situation desolate.

Karachi Stock Exchange (KSE) as volumes fell another 30 per cent over the preceding week’s already dismal tally.

Federal Bureau of Statistics reported that trade deficit shrank to $1.23 billion.

Zamzama gas field in Dadu, which had previously been under threat of inundation, resumed 75 per cent of production.

According to international donors, NGOs should be allowed to manage their resources independently.

Historic amount of $933.06 million was remitted by overseas Pakistani workers in August 2010.

The textile company’s net profit surged 129 per cent to Rs2.9 billion from last year’s Rs1.27 billion.

Customers are facing a hard time drawing cash as many ATMs of different banks stand out of order.

Foreign exchange reserves eased to $16.07 billion in the week ended on September 3.

Equities closed in the negative as investors remained cautious on the last day of trading before the Eid holidays.