Business

In one instance, company paid Rs90m in unjustified freight.

International lender to disburse policy loans after Pakistan meets condition .

Will help carry out reforms aimed at overcoming power shortages and ensuring accountability.

Telenor Pakistan pays remaining 50% of its licence fee.

Wathra had been serving as acting governor of State Bank of Pakistan since February 2014.

Aseptic packaging technology saves food from harmful bacteria.

Engro Foods counters, says increase is lower compared to meat and vegetable prices.

Constitute 95% of breeders in Punjab, have three or fewer cattle.

Pakistan third largest producer of tradable milk in the world.

At the factory, several quality tests are performed by the company’s scientists and technicians.

Stones were helping fund the Forces Nouvelles rebels.

Minister encourages ties with regional partners, especially India.

Many parts were not needed at all and rusting in PR warehouses, says NAB.

Panel of economists comes up with proposal to stop misuse of taxpayers’ money.

Budgetary support leading to higher inflation.

Move to aid country’s forex reserves, IT minister says company will inject $1b in Pakistan’s economy.

Investors chose to book profits despite strong corporate results.

Dailymotion willing to block objectionable content in Pakistan.

Alongside lower provisions, an increase of 8% in non-markup income also supported the bottom line of the bank.

Buoyed by rupee appreciation, EPS recorded at Rs5.38.

Regulator to monitor production in order to boost trade.

Benchmark KSE-100 index rises 63.34 points.

Not enough people are even aware of the concept.

Decline mainly attributed to last hike in discount rate.

ECC restores 5% duty on textile ministry’s recommendation.

ECC slaps 25% regulatory duty on potato export to rein in prices.

Until the packages are rolled out we will not know how much 3G or 4G services are going to cost the average user.

The central bank’s foreign exchange reserves increased by $2,026 million to $7,010 million.

EPS decreases to Rs9 compared to Rs9.68.

Cement maker announces Rs8.19b income in 9MFY14.

After-tax profit increases to Rs1.1 billion, EPS goes up to Rs1.1 from Rs0.9 in 1QCY14.

Scientist says much needs to be done to ensure food security.

Benchmark KSE-100 index rises 69.55 points.

PSDF awards contracts for personnel training.

Inquiry gains pace as various officials summoned for questioning.

Remaining $800m depends on efforts to end subsidy, ensure accountability.

Bypassing spectrum auction, company awaits PTA approval.

Structural reform in rural economy, especially ownership structure, is crucial to reduce poverty, improve productivity

The IMF can no longer continue coercing poor developing countries to undertake austerity measures.

Prime Minister commends Pakistan Telecommunication Authority officials for the successful execution of the auction.

All 3G licences, one 4G licence sold; decision on sale of the remaining 4G licence to be taken soon.

Hong Kong is investing $66 billion in research and development to explore the new applications of nanotechnology.

CEO says holding off IPO likely to grab higher premium.

Govt also refuses to provide Rs10m for utility stores’ media campaign.

Benchmark KSE-100 index falls 474.65 points.

Commerce minister advises businessmen to focus on regional trade.

Turns down Sales Tax Amendment Ordinance with a thin majority .

Seeks to save millions of dollars in premium on oil import.

Tax authority struggling to meet even downward revised annual target.

Transparency of process hailed, CMOs pleased with overall result.