Business

Bureaucrats and ministers brief over 75 diplomats and opinion-makers

Takes cue from similar Indian apps that grew tenfold last year

Withdrawal of zero-rating regime for dairy sector expected, price of loose and packaged milk to go up

Few attempts made to expand tax net, simplify tax administration

Benchmark KSE-100 index falls 12.14 points

Consumers will have to pay wheeling charges plus the generation cost

Will consist of members from textile, jewellery, beauty industry

Asset base increases 0.9% on quarter-on-quarter basis

News comes amidst growing mistrust of govt’s intention regarding ‘Maryam Law’

SCO to hold summit later this month, Islamabad may gain its full membership

Central bank says rise in price of oil, better economic indicators hint that risks to price stability are on decline

Pakistan has strong trade relations with Central Asia in textile, garments and agro-based products: Rabia Javeri

CDWP also clears $2b pipeline project to link gas network with Iran

Seeks removal of incumbent in-charge at DPP Peshawar office

Its shareholding in Engro Fertilizers now reduced to 56.6%; deal part of strategy to focus on power-related projects

About 110 schemes out of 131 and 13 out of 43 were completed in less-developed areas of K-P, Sindh

Benchmark KSE-100 index rises 34.10 points

There is huge untapped business potential in both countries, says envoy

Engro Fertilizers CEO says excessive commodity can be exported

Says taxes, duties would adversely impact protein-starved masses

Wellhead gas price set at 55% of the rate set in 2012 petroleum policy

Senate panel objects to courts being disallowed to intervene

Amazon has made steady inroads in India since entering the cut-throat, rapidly growing e-commerce market in 2013

Owing to the takeover as well as low oil prices, Shell is cutting at least 12,500 jobs

LCCI chairman said economic growth can only be achieved by reducing tax rates

Ahsan Iqbal termed CPEC a game changer for the region

The committee also recommended a 20% raise in salaries and pensions of the government employees

50MW project worth $76.93 million would supply power to K-Electric

Would increase illegal import of Iranian cement, reduce consumption locally

Benchmark KSE-100 index rises 40.02 points

May include TDPs in priority areas for grant assistance

Has already worked on important power schemes in Pakistan

Petroleum ministry will now seek ECC’s nod for inking deal

Rs63.4 billion spent out of released amount of Rs119.2 billion, according to released position of 11MFY16

Yahoo says it is studying the possibility of a sale as it pursues efforts to revive growth, focusing on mobile users

The National Transformation Programme (NTP) 2020 seeks to cut public expenditures by 40 percent over next five years

Government may have foregone the debt in favour of the Dubai-based buyer

It comes after overwhelming response last year

Says govt has taken several initiatives to increase potential of youth

Signs agreements for setting up 220MW power plant near Sheikhupura

Will help provide fuel to power plants in Punjab.

Phyto-sanitary certificates being issued without hot water treatment

Benchmark KSE-100 index rises 129.27 points

Company starts pre-booking, development causes share price to hit upper limit

Will hurt earnings by 6%, lead to additional tax burden in April-June quarter

FBR may also waive Rs800 million of past tax liabilities

Despite hoopla over Panama leaks, it appears country has reason to be hopeful

Trend of increasing federal spending will not allow space for low-income group

Despite all issues, association satisfied with new tax regime

Budget recommendations only adding to the problems