Business

The word ‘aid’ cannot be mentioned to our creditors without the word ‘reform’ in close proximity.

The cash crunch and inter-corporate debt continues to haunt the government.

Loss of cultivated areas to the floods can be balanced by increased yield.

The symbol aspires to establish its own identity and join the ranks of other first-class currencies.

Power company alleges Pepco’s defaults were the actual reason for delaying the project.

Commodity markets in India say the outlook for Pakistan's wheat harvest for 2010-11 is questionable.

How the new constitutional framework is encouraging competition between the provinces.

Nothing is lost at the moment because the mining contract has not yet been awarded.

Project will help in flood mitigation and economic development.

Revenue chief seeks working partnership with businesses, promises expedited refunds.

SBP takes decision in view of continuous increase in money transfers.

Dell launches Alienware portable gaming solutions.

Pakistan to explore Chinese market to capitilise on competitive edge.

Plans to upgrade machinery, train workers.

Heavy foreign buying and approval of margin trading lead to more participation.

PIA makes transfers and postings at the senior management level.

ECC has allowed Wapda to raise Rs20b for Diamer-Bhasha dam, syas federal minister for textile industry.

A special task force being formed at ICCI to form links between government and stakeholders of Chinese organisations.

As fiscal deficit breaches all records, govt is resisting any increase in local oil prices and electricity rates.

Already burdened by debt, rising oil prices are becoming a nightmare for refineries and oil marketing companies.

KSE-100 index strengthens 74 points (0.59%) to close at 12,550 points.

The Securities and Exchange Commission registered 3,151 companies – a 12% increase from the 2,762 registered in 2009.

Italy to extend loan for development of social safety nets in rural areas of Balochistan, K-P and Fata.

FBR will use the data to find out if individuals have paid taxes or are evading them.

Net foreign investment fell 15.4 per cent to $1.05b compared with $1.24b in the same period last year.

Haroon dispels impression that PIA is off limits in US and deal made under political pressure.

Ali Raza has been ordered to vacate the office of the bank's president with immediate effect.

National Productivity Organisation announces Prime Minister Quality Award.

SECP executive director-insurance, Nasreen Rashid, says economic recession will continue.

Acting CEO of Pakistan Steel says there is no plan for privatisation nor is any retrenchment being carried out.

Current production capacity enough for public sector infrastructure projects like small dams and canal lining.

Reserves down $110 million over the preceding week, according to data released by SBP.

Prime Minister Gilani asks PIA to improve services and maintain punctuality of flight schedules.

Iranian Commerce Minister Mehdi Ghazanfari says trade volume can be enhanced by encouraging their private sectors.

Indian government considering banning export of wheat products to tame spiralling food prices.

Engro’s Rupiya certificates reach Rs4 billion target days before deadline for subscription.

Petitioner says SSGC bound to supply 257 mmfcd gas to KESC, court orders government to constitutional provisions.

SECP invites stakeholders to review proposed draft of SECP Micro Insurance Rules 2011.

Output in LSM sector plunged 2.3% from July through November, government pins hopes on wheat production.

If growers are unable to sell their stocks in the current season, there will be a glut in the market.

KSE gains 178 points to close at 12,459 on Thursday after aggressive buying due to news of the MTS being approved.

The introduction of leverage products to the markets is expected to provide much-needed liquidity to local bourses.

PSO decides to restore the fuel supply to Pakistan Railways despite a pending payment of Rs750 million.

Pakistan sells around 500,000 tonnes of wheat to Bangladesh, Myanmar as global supplies get squeezed.

If a foreign company is awarded the contract, Pakistan will only get $160 million in royalties.

Trade volume improved to 143.16 million shares – up more than 19 per cent from Tuesday.

Rs200 million would be spent on construction of modern bus terminals in Thatta, Badin.

focus should be on development, professional management of industrial parks and economic zones.

brokerage house facing charges of having transferred shares owned by investors to other accounts without knowledge.

Iran, Pakistan look forward to trade collaborations together.