Business

Money was meant to demonstrate safety of such projects

Lender says analysis shows economy would sink into recession next year

Stock in the country’s banking sector amounted to Rs619b

Dar urges all stakeholders to support agriculture sector

Business forum calls govt inefficient for facing Rs114 billion deficit

Wants ECC to add further support of $25 per ton

Bourse ends at 38,776.94 as MSCI reclassification takes stocks higher

WAPDA was seeking to sell Kot Addu Power Company shares without involving Privatization Commission.

Seeks investment in agro-technology, food processing, clean energy.

Benchmark KSE-100 index rises 25.34 points.

PCGA allege that the bureaucracy is misguiding the government by giving fabricated and concocted figures

Development to have impact on OGDC, POL and PPL shares

Puts cost of laying pipeline at $1.3b compared to earlier $1.5b.

Al Shaheer signs MoU with oil marketer, expects 40% increase in revenue

Gives green light to Rs202 million scheme for renovating the sprawling Prime Minister’s Office

FDI in Pakistan up 10.5% during July-May

Minister says ‘Maryam clause’ removed from income tax law

Farmers have blamed textile association for not choosing local commodity

Stations that closed down are expected to reopen soon

Jubilee Life Insurance CEO feels budget measure will discourage long-term savings

Up 5.2% from beginning of 2015-16.

Benchmark KSE-100 index gains 191.72 points.

Also wants to enter trade facilitation framework with Central Asian states

Analysis reveals industry could be in for saturation if new services not introduced.

Pakistan will now get 1,300MW from Tajikistan compared to previous 1,000MW

Disney calculates there are 330 million people living within a 3-hour journey of Shanghai who are potential customers

Napster was found to be facilitating music piracy and shut down by US courts in 2001, leading to bankruptcy

Pakistan no more needs IMF support, claims finance minister

Technical experts’ meeting expected to yield concrete measures.

IT minister reiterates govt’s resolve to digitise economy and benefit farmers

Govt approved three SEZs in Punjab without providing utilities to ones earlier in Sindh.

Commerce minister says exports are falling, in need for attention

Analysts say proposal will damage corporatisation, encourage fragmentation

US officials say there is need to enhance innovation, farming practices

Petroleum ministry had sought approval to overcome energy shortages

Trade volumes rose to 243 million shares compared with Tuesday’s tally of 143 million

KSE-100 Share Index surges over 2% as MSCI upgrades Pakistan economic status

PSX surges over 2% as Pakistan upgraded to emerging markets status

Think tank voices fear of water scarcity, recommends help from external sources .

SNGPL’s former employee is tipped to win the post.

The tax on filling stations has been increased from Rs10,000 to 15,000

Food ministry summons representatives of all airlines

Turnaround in macroeconomic situation is  accelerating local demand.

Wants abolition of sales tax on agriculture machinery, opposes move to tax inputs of stationary, milk.

Province trying to improve industrial infrastructure through public-private partnership.

Benchmark KSE-100 index finishes at 37,517.75.

Ministry wants the government to clear all liabilities of the company

Its members felt tariffs were at higher levels that should be reduced.

Legal cover given to gifting high breed horses to Qatar, Saudi Arabia’s royal families

Siri will also work with apps such as Slack, WhatsApp, Uber and Lyft