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Market watch: Sell-off continues at the bourse
KSE’s benchmark 100-share index declines 96 points.
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Mutual interest: Ukraine willing to tap Sindh’s resources
SBI assures delegation of investment concessions.
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Rupee hits new low for third straight day
Local currency plummets 1.2% this week.
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Bigger berth: ‘Deep-water port at KPT to enhance geographical significance’
Commissioning of the port will channel new generation freighters: Chairman.
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Minimising costs: PSO saves $5m in base oil purchase
Buys oil directly from manufacturer instead of middlemen.
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Reko Diq saga: As time elapses, govt fails to nominate arbitrator
International court may now appoint arbitrator itself to represent Pakistan in the case.
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Recovery drive: Mobilink bank accounts locked down
Federal Board of Revenue blocks account until recovery of ‘under-declared’ Rs8.6 billion taxes.
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Experts for shifting focus from citrus, mangoes
Suggest improving post-harvest handling to avert losses.
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WAPDA engineers salvage Rs200 million
Repaired transformer operating optimally at Barotha power complex.
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Iranian envoy sees growth in Pak-Iran trade
Says business communities should increase interaction, share experiences.
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Market watch: Bourse plummets as violence grips city
KSE’s benchmark 100-share index declines 109 points.
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Rupee sinks to new low for second straight day
Depreciation part of regional trend, may not be cause of concern, say dealers.
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Investment avenue: KESC launches bond for general public
Company plans to raise Rs2 billion for working capital requirements.
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Alleged favouritism: Promotions reversed in PSO after probe
Company denies, claims transparency in its affairs
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Wheat exports to Iran: India pushes to take Pakistan’s place
Will offer lower prices and resolve quality objections.
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TAPI pipeline: Indian and Pakistani firms sign gas purchase contract
1,800km long pipeline can supply 90 mcmd of natural gas.
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Residential consumers: Cabinet fails to decide on reducing outages
Ministry suggested plan to soothe angry nerves before upcoming elections.
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TAPI pipeline: Turkmenistan signs first contracts with India, Pakistan
1,700km TAPI pipeline aims to transport more than 30 billion cubic metres of gas annually from Turkmenistan.
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Retrospective adjustment: Nepra hikes power tariff by up to Rs1.79
Official opposes move, demands probe against public sector Gencos for mismanagement.
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Supply to be suspended: TESCO asks govt to clear Rs816m arrears
Tesco has Rs760.465 million arrears against thirteen major govt departments in Fata and K-P as of April 2012.
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Accountability: PEW terms NAB, KSE deal a hoax
The agreement intends to bring rogue traders to justice.
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Textile industry: Exports surge with sustained energy supply
Five-day gas supply improves conditions considerably.
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Market watch: Stock market bounces back in style
KSE’s benchmark 100-share index jumps 1.92%.
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Centre’s revenue share down after NFC: Shaikh
Govt pins hopes on provinces taking lead in development projects.
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Automobile industry may lose protective tariffs
Revisions in CBU, CKD tariffs proposed to rationalise prices.
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‘PEL can capture 20% of Indian fridge market’
Home appliance manufacturer plans to tap Indian Punjab market.
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Credit Suisse bullish on Pakistani equities
Swiss giant says improving liquidity, capital gains tax have made the market attractive.
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Start-up seeks to tap $1b Pakistani restaurant market
Food Connection helps businesses interact with their customers on the web.
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Oil purchase: Power companies reluctant to make advance payments
New LC-backed system can eliminate circular debt from energy chain.
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To give or not to give patents to plant breeders?
Debate on PBR Bill’12 discusses whether farmers or breeders have right to seeds.
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Agreement: PSO to buy 65% of Byco products from new refinery
Byco’s refinery, has a crude oil processing capacity of 120,000 barrels per day (bpd).
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Loans to farmers rise 15% in 10 months
Banks have so far disbursed Rs223b against full-year target of Rs285b.
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Over 200,000 power looms stop work
Industry faces six hours of outages every day.
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Indo-Pak: Bilateral trade down 30% to $1.56b
Pakistan replaced positive list to boost trade with India.
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Pharmaceuticals: Producers warn of shortage if prices stay unadjusted
Current prices are making production of drugs financially unfeasible.
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Market Watch: Bourse wanders along the neutral line
KSE’s benchmark 100-share index rises 18 points.
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Defaulters continue to receive power supply
Qamar blasts CEOs of power distribution companies for not controlling situation.
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‘Politicising Kalabagh Dam costs Rs132 billion annually’
Former minister says neglect created problems, cost taxpayers’ money.
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Lessons in commerce: Agriculture tax unreasonable, says Sindh finance minister
Tells businessmen landlords already ‘pay tax’ through high wages.
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Turkey asks Pakistan to go easy on rental power plant
Minister says judgment given by apex court can’t be cancelled.
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Falling out: K&N’s parts ways with Metro, Makro over price row
Frozen food of K&N’s will not be available on the supermarket chain.
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Yahoo to sell an Alibaba stake for $7.1 billion, shares rise
Alibaba to pay at least $6.3 billion cash for 20 per cent stake, talks to Temasek, others to raise equity-source.
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US stocks rebound, Facebook shares dive
In the first 45 minutes of trade, the Dow Jones Industrial Average was up 48.78 points, or 0.39%, to 12,418.16.
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Turkmens close to gas deal on trans-Afghan pipeline
Turkmenistan plans to sign the sales and purchase agreement for the TAPI pipeline.
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The cost of inefficient solid waste management
Total solid waste generation in Pakistan is about 20.024 million tons a year, approximately 59,000 tons per day.
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Populist political decision and its economic impact
Petrol and minimum wage are two widely used tools.
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Spread the earth’s wealth! - part II
Poverty is like punishment for a crime you didn’t commit: Eli Khamarov.
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Once buzzing with its brass business, Peetal Gali is breathing its last
Peetal Gali is a centre of making utensils and decoration pieces from brass and copper.
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Painful death: Volatile food prices bring many close to the ledge
Pakistan has one of the highest food insecurity in developing countries.
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Image consultants: PR industry - the gatekeepers of the corporate world
Obscure to the general public, almost every company is attached with the industry.