Business

Country seeks to end worst energy crisis in decades.

Highlights tiffs between retailers, banking and payments industry

The culture to steal gas and electricity must be brought to an end

Paris committed to reducing public spending, drive economic reforms

Sentiment remained upbeat despite declining oil prices and foreign selling.

Minister for water and power says govt not in a position to reduce power tariff

Sharp decline in recovery of power bills, increase in theft and receivables major culprits.

Dar repeats tradition of taking decisions as ECC chief without involvement of body

After an unsatisfactory audit, prime minister forms committee to probe the issue

Slash attributed to $13 per barrel decrease in prices in Gulf market

Association’s chief voices concern over country’s difficulty for doing business.

PAAPAM officials claim dealers minting profits by misusing policy.

Amount to Rs470m in 1QFY15.

Believe target set by govt may not meet growing demand.

APTMA, World Bank to sponsor the project .

Benchmark KSE-100 index gains 172.44 points.

Says private sector participation a must for sustained growth.

Figure goes down from Rs31.5b to Rs18m in 9MCY14.

Govt might revise Rs2.81 trillion target, cut down development spending .

Earnings rise 32.2% compared to Rs235.9 billion in fiscal year 2012-13.

Pakistan will need to create a fine balance to ensure that the economy grows, while the poorest are not left behind

Turkmenistan asks national carrier to pay dues related to using its airspace for international flights by November 3

Despite dip in share price, govt will move ahead to secure next tranche of IMF loan.

Microsoft has priced the sleek dual SIM phone at Rs28,950 for the Pakistani market

Industry fears gas suspension for four months starting from November 15

SBP’s liquid foreign exchange reserves fell $219 million to $8,568 million

EU-funded programme will help develop electricity for national grid.

Will boost business activity in the region, says project director.

Announces EPS of Rs8.25 for 1QFY15.

Revenue increases 13% on a year-on-year basis.

Benchmark KSE-100 index gains 90.85 points.

Plane acquired from General Electric on dry lease for six years.

Out of 10 topics, country’s position improves in two.

Proposal to be put forward to ECC or CCI for approval.

Govt rolls over Rs136b loans that were earlier obtained to retire circular debt.

Pakistani-Briton Ayan Qureshi attained the certification at the age of five years 11 months

Members of parliament will visit multiple cities.

Will increase accuracy, decrease cost of data collection.

BoD approves commencement, notice sent to KSE.

Provisions for non-performing loans decline 72.6%.

Power tariff hikes, rupee appreciation likely reason for decline.

Engro Fertilizers posted a net profit of Rs5.51 billion during the first nine months

Amounts to Rs1.61b for first nine months of calendar year.

Benchmark KSE-100 index falls 112.38 points.

Finance ministry issues no-objection certificate for the company.

Submits audit report to Prime Minister’s Secretariat.

Consolidated solution likely for the project.

Move meant to alleviate woes of CNG sector, facilitate public.

Exporters, industrialists irked by lack of gas supply.

Ambassador sees countries as potential partners for business.