Business

Says increase in FED on cement, duty on coal will harm the sector

28-nation bloc alleges China has flooded global markets violating international deals

Despite no payments, the companies keep supplying electricity to big defaulters

Says revenue collection given priority over economic progress

The purpose of the meeting was to explore avenues of collaboration in the field of technical and vocational education

The two sides are trying to reach an out-of-court settlement

PSO uncertain whether it will get anything given its huge Rs296b receivables

Individuals charged with ‘market manipulation, artificially pushing up SSIC’s share price’

During the week, average prices of 10 items rose in a selected basket of goods

The currency market has fluctuated regularly in recent months

Study calls for private sector financing, one-stop malls for farmers

Promises reduced load-shedding in commercial markets

11-month figure, however, shows a decline of 2.13%

Overall, it gives go-ahead to 7 new development schemes worth Rs62b

Benchmark index drops 431.41 points to close at 49,526.92

Govt announces new pay package to match salaries of its regular staff

They are expected to make investment in the near future

Chief minister accuses federal govt of tampering with minutes of CCI meetings

Secretary admits increasing pensions and salaries affecting development work

Claim many industrial units are going towards closure

PPP claims a foreign national is being picked for the key slot

Shares on sale undersubscribed by 17%

Two months ago, the SBP received multilateral inflows of $317 million

Deposits confirmed by GSP in 2014 are estimated to be over 1b tons

In spite of assurances from the chief minister, persistent problems reduce Karachi’s output potential

The officials highlighted scientific mining, cutting and polishing of gemstones as hotspots for investors

The currency market has fluctuated regularly in recent months

Despite a recent narrowing in the opinion polls, PM May is still set to beat main opposition leader Corbyn

Benchmark KSE-100 index decreases 204.48 points at 49,958

Rs3.14b ADP announced for culture, tourism, sports, youth affairs, archaeology, developing tourism hotspots

LG Act 2013 envisages no less than 30% allotment to local bodies

For the development of 101 projects, the government has allocated Rs12 billion for the incoming fiscal year

Accounts for nearly a tenth of development budget

Move comes in the backdrop of delay in processing of new automakers’ investment cases

Due to unannounced power outages complete shift of industrial production has suffered taking production losses to 40%

Six power generation projects based on indigenous coal with cumulative capacity of 4,290 megawatts

First 660MW unit of Port Qasim plant will start generation in November

Signs agreement with Yousaf Dewan Companies, will later consider setting up a manufacturing plant in the country

France official says Pakistan a huge potential market for business

Petroleum minister says no reason to speculate on 15-year agreement with Qatargas

Deal aims to enhance operational capacity of state-owned entity in the north

Full-scale sale of industrial plots to begin after that

Is offering 20% stake to high net-worth individuals and institutional investors

Debt in the energy chain has swelled to around Rs402b

The currency market has fluctuated regularly in recent months

Benchmark index increases 18.18 points to close at 50,162

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

Says super tax was originally imposed for one year but it has been extended for the third consecutive year

Says cost exceeds Rs10b, plants important for continuation of GSP Plus scheme

Will also install a waste heat recovery power plant to ensure energy supply