Business

Benchmark index rises 403.02 points to end at 50,111.67

Resurgence of load-shedding portrays govt’s myopic aims

It offers a low-cost, rapid and time-saving transport to commuters, even car owners

Drawing parallels with Chinese investments in developing economies teaches valuable lessons

‘Bolo Tech’ offers clinical solutions in Urdu language to combat speech impairment

Basic disease of higher supply cost compared to tariff is still there

Preservation allows for increment in employment opportunities, city liveability and competitiveness.

The purpose of the seminar was to create awareness about SNG viability in Pakistan

SECP conducted an investor awareness session as part of its Investor Education Program ‘Jamapunji’

Initiative will allow for financing of environmental projects in developing nations

The government should take guidelines and technologies from those countries that are advanced in water recycling

G20, in a united message, agrees on promotion of free trade

Company challenges determined tariff, wants take-or-pay tariff

Statement comes a day after it said it has filed criminal case against a leading brokerage house

Weeks of stress fades away as bourse gains 4.5% week-on-week

Athens needs fresh infusion of funds to make its debt payments due in July

Tax authorities have proposed to slap 10% sales tax on tea whitener from fiscal year 2017-18

Priced at Rs1.25m for VXR variant

Net sales rise 25% to Rs45.54b from Rs36.52b

An effort to stimulate foreign direct investment (FDI) flow into the country

Both were awarded after international competitive bidding, says WAPDA

In nine months, gross profitability expands 8% to Rs9.62b

Asks for level playing field in budget proposals for next fiscal year

Minister hopes above-average snowfall to improve canal water supply

The currency market has fluctuated regularly in recent months

Says third party should be hired for verification of line loss, bill recovery data

Accused broker guilty of creating artificial trading activity

The officials said that the decline of textile exports should raise alarm bells for the economic managers

BR-V uses 45% local components, says company

Users can store up to two fingerprints on the card’s EMV chip

Share prices continue to rise after Panama cloud drifts

It has so far released Rs104 billion out of total subsidy allocation of Rs118 billion

Sindh Bank will facilitate the disbursement of interest-free loans to women

Pakistan’s dairy sector has potential to promote Rs20 billion worth of exports to Europe and other countries

The currency market has fluctuated regularly in recent months

CM says favourable policies have been implemented to woo investors

Minister asks provinces to pour more money into the sector

Minister said under the agreement, China would carry out all development work on the port

After judgment day, what now for Asia’s best-performing market in 2016

Speakers call for avoiding double taxation, defining clear jurisdiction to avoid revenue conflicts

Would continue to work with China, India, Indonesia and Pakistan, president Jim Yong Kim said

Total liquid foreign reserves held by the country stood at $21,568.1 million

Benchmark KSE 100-share Index rises 2.39%, closes at 48,743.56

Debt servicing, oil price recovery, weak exports propel deficit

Says govt should wait for utilisation of unsold stock

Also expresses interest in operating a trade office

Said security situation in the country had improved and industry was being provided uninterrupted power supply

Secretary put planned outages at up to 4 hours a day for Apr-Sept, far lower than current 16 hours

Ask govt to eliminate customs duties, reduce input tax

Central bank says ‘blockchain’ will help keep digital payments system safe