Business

Bank says loan is in addition to $38m given earlier for improvement of water resources in the Indus River system

Special Assistant to the Prime Minister on Revenue has said a committee will be constituted to address reservations

Want of CCI consent can cause federation-provinces row

Mobilink has announced the launch of an affordable smartphone range named Jazz X

In talks with Fiat, Renault and others to produce better-quality cars

To give a boost to production, research, value addition and exports

High borrowing cost discourages demand; govt becomes dominant borrower

Benchmark KSE-100 index falls 118.07 points

SECMC, Engro Powergen Thar Limited sign documents in China

Pakistan’s insurance sector has great potential in the wake of forthcoming CPEC projects, Afridi said

Will look to convince ECC; move comes after the supply arrangement lapsed

They will produce 271MW of biomass-based energy

Senate panel chairman says minimum tax is against the law

Company establishing first mobile assembly plant in Pakistan with $5m investment

Pakistan pursues higher financial inclusion, but the will to help customers remains absent

Telecommunication policy will go a long way in taking country forward

India will be looking to earn billions for promoting the green agenda

Although small, market exists; high import duty does little to stop lavish spenders

Not many options in short run other than rupee devaluation

Retail store chief says two locations selected in province, targets operations by mid-2016

Finance minister claims government has no plan to privatise the national flag carrier

The federal government will now decide to pass on the increase to gas consumers from January 1 or not

Chamber looking to help companies register conveniently

US Congress dismantles barrier to reforms that give emerging markets more say

Winner of tender can acquire land for project site later

Minister of state says electricity will be injected by March 2018

Business communities of both countries pledge cooperation, more trade fairs

All have been approved at higher than original cost estimates

Banking sector led the decline; oil and gas sector recovered on attractive valuation

Suggests curbs on used car imports, hefty cut in duties on auto parts

ASML made operating profits of Rs77 million in 2013 and met all its financial obligations

Says both countries should develop deeper trade ties

Raw gypsum is being exported in big quantities particularly to India

Statement comes after US regulators examine bank’s New York branch

Benchmark KSE-100 index falls 332.50 points

Amounts to little over $1.005b, improvement comes on back of falling import bill

Company says development opens up a new play in western Potwar area

Says large developing countries should refrain from such measures

ECC brushes aside ministry’s proposal, allows export of a higher quantity

Committee also says yes to $200m as Pakistan’s equity share in TAPI pipeline project

With improving law and order situation, there exists potential for investment

Ambassador says improving security opens up various investment avenues

Punjab governor calls merger of stock exchanges a good omen

Benchmark KSE-100 index rises 394.94 points

Regulator voices concern over the payment, seeks relevant record

Argues they have failed to adopt modern technology

Intel Pakistan chief says company will focus on Pakistan as well

Amounts to $540.2m in Jul-Nov, $43m higher than comparative period last year

Could offer traders to declare hidden assets of up to Rs50m by paying 1% of declared amount in taxes

Bilwani stated that it looks like the FBR machinery is evidently controlling the destiny of exporters