Business

Govt’s liability will increase as Fatima Energy is converted from a captive power plant to an IPP

USC staff often has a role in pocketing subsidy and fleecing consumers

Loan will provide support for the sliding forex reserves over the short term

Benchmark index dips 165.91 points to close at 47,442.73

Applicants must have valid visas for their final destination

Dubai-based ride hailing service is valued at $1billion

Change in definition will wipe Rs2 trillion off government’s books

SBP Act 1956 binds ministry to hold meeting every quarter, last one was held in Sept 2016

Agreed to share information based on research conducted on different industries of Pakistan

The currency market has fluctuated regularly in recent months

Qgriculture department was also conveying modern technology to farmers

He fails to appoint a shareholder as the company’s director

Pipeline from Karachi to Lahore will carry 1.2 bcfd of imported LNG to consumers in Punjab

SECMC chief says 40% in mining and 33% progress in power projects achieved

Terms body critical for growth of industrial and auto sectors

Deal taking place through a share swap arrangement

OICCI members ask provincial govt to provide level playing field

Despite development, K-Electric’s share price drops 3%

Sazgar Engineering exporting its three-wheelers to foreign market

Benchmark index dips 462.40 points to close at 47,608.64

The popular chain aims to open 35 shops across the country

New CGT rates will apply to shares bought on or after July 1, stocks bought before will be treated under old regime

New fiscal year’s borrowing is 44% more than the outgoing year

Move comes as Gulf countries severed ties with Qatar for allegedly supporting terrorism

The organisation identified lack of access to adequate and timely financing as the major bottleneck hampering growth

Improved law and order situation has opened up Pakistan’s northern hilly areas

The currency market has fluctuated regularly in recent months

Will provide Rs15b worth of petroleum products in 2017-18

Power generation will be raised to optimal level after testing

Non-performing loans stood at Rs604b in Jan-Mar, down 2.42% year-on-year

Says policy meant to reverse declining trend of exports

FPCCI urges government to take steps to tackle the situation

Says government has failed to address challenges faced by export-oriented industries

Interested in airport shuttle service, will also train drivers

Benchmark index rises 399 points to close at 48,071.04

Federal Planning and Development Minister Ahsan Iqbal says a Chinese company and a local partner will build the dam

Two loans, each amounting to $300 million, set for approval in next 10 days

The Chinese delegation assured of their full cooperation in various areas of collaboration

The currency market has fluctuated regularly in recent months

Service will be accessible 24 hours before the flight, until 3 hours to the flight

Company official ‘excited about long-term prospects for Pakistan’

Rs80 billion has been proposed to be allocated under the development head

Remaining 40m shares to be offered to retail investors at strike price of Rs28

Is working to strengthen the capacity of exporters

Says activation of idle capacities has been ignored in the budget

Test shows flow of 15.1 mmscfd of gas, 20 bpd of condensate

Makes plan for meeting gas demand in winter this year

Pak Suzuki leads the pack, posts sales growth of 24% year-on-year

Imports remain high at $5b for third month in a row

Benchmark index drops 1,855 points to close at 47,671.80