Government formally halves the almost 10 per cent increase in petroleum products prices.

Cancellation of hearing leaves committee members suspecting an attempted cover-up of illicit activity.

Lender likely to agree on increase of Rs103b in budget deficit limit.

Government hopes for allocation from Kerry-Lugar funds.

Govt reluctant to give tax authorities green signal to crack down on 700,000 tax evaders.

Plans to phase out subsidies by June; rates to rise 2 per cent per month till June.

After failing to muster support on RGST, govt considers levying taxes by promulgating an ordinance.

Many amendments made to trade policy to encourage exports.

Key coalition partner MQM rejects price increase.

Full-year target of 4.7 per cent likely to be overshot.