Business

Filling of water reservoir to begin in October this year

OGRA has proposed up to 6.3% decrease; recommends reduction of Rs5.07 in diesel rate and Rs3.67 in petrol price

Investors ducked for cover after Panama verdict, index had plunged close to 3.6%

What is happening now is that an effort is being made to reopen the language issue

However, International Monetary Fund has repeatedly said Pakistan’s rupee is overvalued by 5-20%

Imports, trade deficit have crossed all limits pushing country to brink

Appropriate use of fertilisers on soils of low natural fertility would help achieve high yield

'Vaccines are considered to be one of greatest medical achievements of modern civilisation'

Gas turbine is now delivering up to 380 megawatts of electricity

Earnings for April-June 31% higher, FY17 profit totals Rs9.1b

SECMC officials say 14.2% of total work has been completed since April 2016

Consul General of Qatar acknowledged long lasting friendly relations between Qatar, Pakistan

Earlier, SBP received $350 million under CSF

Many markets struggle in the wake of political and economic uncertainty

Decision comes as investors adopt latest technology, production cost falls

Regulator says Hyderabad and Lahore’s DISCOs have failed to control load-shedding

Gas utilities will raise Rs175 billion for laying Karachi-Lahore pipeline

Nawaz paid Rs2.5m, Imran Rs0.159m in income tax

Supreme Court set to announce verdict, investors likely to get sense of direction

Ambassador highlighted Pakistan’s liberal trade, investment regime

However, International Monetary Fund has repeatedly said Pakistan’s rupee is overvalued by 5-20%

Digital Birth Registration project has seen remarkable results

Benchmark index falls 9.51 points to end at 45,908.39

EBM’s message this year to our youth is ‘Rise to Glory’

Effort to control air pollution spells victory for electric cars

PLDDB will plant 100,000 trees of various kinds

Directs company to inform public of ‘false’ claim in advertisement

PFC chief says exhibition will attract local and foreign companies

LCCI says Pakistan can learn from Russia’s technological prowess

Minister vows to resolve power and tax issues on a priority basis

Cites secrecy clause to avoid sharing vital details

Result is disappointing as analysts expected the company to post profit

SBP data shows outstanding portfolio increases 17.4% to Rs406b

Project costing Rs62b will help stop contamination of Manchar Lake

Claims RPOs issued to several exporters being rolled back by FBR before payment deadline

Operations still affected in some areas despite strike being called off, drivers awaiting final response 

Company announces surprise dividend of Rs4.18 per share

EPS increases to Rs24.20 in Jan-Jun, earnings short of expectations

A technical team briefed the participants about investment opportunities in solid waste collection and transportation

Currently 57 trade officers were serving across the world

The currency market has fluctuated regularly in recent months with hefty rises and falls on some occasions

Says expansion of tax net and structural reforms need attention

Finance ministry to conduct study to compare salaries of regulators with market rates

Also exempts Matiari-Lahore power transmission line from various taxes

Oil tankers’ association has put forward its list of demands; since 2009, OGRA looking to implement safety measures

Rs20b of investment made by general public, including widows and senior citizens, booked as non-tax revenue

Reduces power tariff by Rs2.23 per unit for June

Benchmark index rises 388.69 points to end at 45,917.90

Continued suspension is feared to create shortage of petroleum products nationwide

Overseas investors encouraged by Modi's relaxing of foreign direct investment rules and introduction of a single GST