Business

CEO Subhani says tax exemption required to pay off company’s debts.

Employees’ salaries not a reason for losses, says PIA chairman.

Central bank says exchange rate assumptions have no economic relevance.

Tiwana replaces Zamindar, brings over 19 years of industry experience.

Company denies creating ‘back doors’ for intelligence agencies.

Veteran company Bose Corporation wants to protect its patented technology.

Foreign buying continued unabated while volumes improved 32 per cent.

The use of abridged name can incorrectly portray them as commercial banks in eyes of the general public.

President calls for innovative approach to ensure justice to taxpayers.

Industry pleased with growth; laments govt interference in price determination.

Official accused of easing rules to award contract to selected company.

Chinese giant has witnessed rapid growth in recent months.

Analysts believe decision will help masses get cheaper cars.

Help desk established for public complaints.

Board of directors approve changes in memorandum of association.

They were among over 120,000 who got notices from the FBR.

Warid latest to join the branchless banking bandwagon.

Average exchange rate for the current fiscal year is being worked out at Rs111.4 to a dollar.

The central bank’s foreign exchange reserves decreased $87 million to $9,399 million.

Officials, traders using personal baggage schemes for commercial gains.

Director says criminal proceedings left for worst-case scenarios.

Benchmark KSE-100 index increases 9.32 points.

ECC forms committee that will give proposals in next 2 months.

Declares cash dividend of Rs3.4 per share for second quarter.

With capacity of 8.3m tons, it will become the largest cement maker.

Average gas output, however, drops 2% in fiscal year 2013-14.

Amount to Rs196.4b; analysts explain regression due to high savings recorded in 2012-13.

The person was called by SBP and told to sell his stake to a blue-eyed banker or face the music.

Picks consortium to complete PIA transaction by June 2015.

Board announces interim dividend of Rs1 per share.

SSGC to have exclusive rights over LPG unlike previous arrangement with the venture.

Plant efficiency, better water supply, new projects provide support.

The event will provide diverse product categories from all parts of the value chain.

Income rises due to rupee’s strength against dollar.

SBP-IBA survey reveals decrease in Consumer Confidence Index.

Approves Rs0.08 per unit reduction in power price for June.

Benchmark KSE-100 index increases 63.34 points.

Revised policy draft comes after a gap of 10 years.

Expo in August may bring capital, exhibitors from Middle East.

Two persons were arrested and are in FIA custody for further investigation.

Ministry official stresses need of efficiency at borders.

After-tax profit increases 38.6% over comparable period last year.

Benchmark KSE-100 index decreases 11.14 points.

Will be established at Bin Qasim and Korangi Creek.

Panel of experts believe even 7% not enough to compensate gas utilities.

Outdated staff service rules, preference of contractual employees causing dismay.

Energy giants like Shell, BP and Mitsubishi submit bids.

The salary for 45 days, starting May, has been given to the PSM employees.

Zaffar believes consistent policies can sustain positive outlook.

Asif leaves to hold deliberations over laying transmission lines.