Business

Move fuels speculations about purpose of grant.

The central bank’s foreign exchange reserves increased $300 million to $8,320 million.

Minister wants increase in export of textile.

Earns Rs443m in 1QCY14.

Programme to assist 13,000 affected families in Sindh.

Tohfay.com offering unique services, products; foresees growth.

Benchmark KSE-100 index falls 18.57 points.

Amount 11.3% higher than corresponding period of last year.

Former provincial minister for finance says Commission key issue for Sindh.

Works on an alternative that could lead to higher cost, spark row with China.

Tax rate may be increased from 0.3% to 0.5% of the amount withdrawn.

With tax collection and tax policy mixed up, the outcome is a tax-to-GDP ratio frozen in time.

Premier also says appreciation of rupee against US dollar is the biggest achievement of his govt.

Two L/C’s for procurement of coking coal, each of 55,000 tons, amounting to Rs1.5 billion have also been opened.

METRO Cash and Carry, P&G join hands for initiative.

Says education, health care sectors need attention.

Tucknott stresses on joint ventures with Pakistan.

Benchmark KSE-100 index falls 82.80 points.

Rate to remain at 17% in upcoming budget.

High court lifts stay against their implementation.

Per capita income inches up to $1,380 in outgoing fiscal year.

Shareholders approve plan to invest $300m in MFC.

National Economic Council to discuss proposal in May 29 meeting.

Finance minister says federal government doled out lesser funds than promised.

The premier will hand over the licenses in a ceremony in Islamabad.

Consequences include price hike, low tax collection and dent on farmers’ income.

Post GSP Plus, industry fails to meet expectations.

Urge FBR to facilitate industry, reduce duties.

Benchmark KSE-100 index falls 108.46 points.

SBP allows WB arm to conduct due diligence for potential investment.

PFVA aims to ship 175,000 tons; season to start on May 25.

Gas had earlier been diverted to fertiliser manufacturers to cut imports.

Says briefing was complete eyewash as tax proposals were not shared.

Social market economy refrains from guiding production, workforce, or sales, but supports organic influence on economy

Provinces will get Rs200 billion more than what they received last year, said Dar.

Lashari said that approximately more than 3.2 million SMEs are functioning in Pakistan.

Housing and works secretary meets ABAD officials to discuss concerns.

Subordinated Islamic bonds to boost its regulatory capital.

Agrees on chalking out course of action for future collaboration.

Benchmark KSE-100 index gains 68 points.

Outlines guidelines for timely payment of unclaimed benefits.

Support local culture in a bid to utilise resources, violate human rights.

Industry facing illicit trade, steep excise hikes and pre-budget hoarding.

Advocate argued that companies fall under 3rd schedule of Sales Tax Act.

Pakistan dismisses demand for $200m penalty for contract termination.

European nations banned India’s Alphonsos after fruit flies were found in shipments.

To achieve sovereignty, country needs to reduce its dependence on aid.

Country must especially focus on agriculture, energy to revive economy.

Not in a position to award subsidies, APTMA looks to improve export figures.

Despite promises, energy sector remains in shambles.