Business

Industry voices fear India may capture its market.

Spinning units being currently favoured, says official.

Orient Group is likely to buy a majority stake; Meezan Bank managing the offer

Sector grew at 9.5% in fiscal 2014, experts project even further growth ahead

Pakistan will gain access to landlocked Central Asia in return for use of ports.

Low inflation numbers raise hopes for a bigger discount rate cut.

Orient Group has expressed interest in buying a substantial stake in Aisha Steel Mills

Wapda added 31.289 billion units of hydel electricity to the national grid in 2014

Wants to be included in drafting new auto policy.

Textile makers voice concern over planned tariff increase of 53% and 30%.

SBP governor says surveys go a long way in helping policymakers.

Benchmark KSE-100 index rises 251.26 points

Says it is unable to import oil, will halt supplies after stocks run dry.

Plants at the mouth of fields will consume unutilised gas, produce 1,000MW.

Analyst says move aimed at addressing cash shortage.

Plants planned as part of long-term energy policy.

Investment fails to pick up; exports turn negative, industries run at 60% of capacity due to crippling energy crisis

Gains access to new markets including destinations in Europe, South Korea, Australia, Brazil, Malta, Argentina, China

Claim increase in cost of medicines over 15 years ignored

To facilitate commerce besides discussing trade deal

Government has abolished 25% regulatory duty on exports

Unclaimed dividends worth Rs6.7 billion lying with listed companies.

Pension administrator insists it cannot afford higher pension payouts

It leads to diversion of some gas supplies to Engro’s fertiliser unit

Payments made on account of external debt servicing, other commitments

Expectations of interest rate cuts continue to grow, government subsidy bill likely to drop

Benchmark KSE-100 index
rises 349 points.

Following the cuts, the price of petrol has come down to Rs78.28 per litre from Rs84.53 per litre

Sector posts return of 61%; analysts predict further rise in 2015.

Govt needs to finalise ICT policy, update regulatory framework .

Steps undertaken, however, fail to curb losses, improve transmission.

Pakistan’s bourse third best in world with 33.7% dollar-based returns.

The benchmark LSE index closed at 6,154.14 points, increasing by 56.49.

Benchmark KSE-100 index gains 177.38 points.

President Mamnoon says govt making efforts to resolve power crisis.

Objects to increase in UFG ceiling, cancellation of Mari’s price deal.

FBR’s figures indicate collection of Rs1.157t during six months of ongoing fiscal year.

Govt's move to increase GST should serve as a reminder of the FBR’s inefficiency to meet its tax collection target

The move violates SC rulings that bar govt from increasing tax burden through executive order.

Lack of R&D leaves negative effects on economy.

Industry asks govt to introduce a fair drug policy.

Decision comes as growers, relevant departments fail to reach consensus.

Faculty established to conduct research, raise awareness.

Trade negotiations to begin with Israel next year.

Benchmark KSE-100 index gains 47.16 points.

Representative says entities interested in LNG terminal at Port Qasim.

Chairman of media campaign suggests workshops for further awareness.

ECC agrees to divert gas from 412MW Rousch Power to textile industry.

Federal and provincial govts spend Rs347.3b on poverty alleviation during 1QFY15.

Warid unveiled Long-Term Evolution (LTE) services and its logo.