Business

Benchmark KSE-100 index surges 71 points.

Call for resolving debt issue first, PAC summons federal secretaries.

Takaful operators finally break silence over the new rules.

Both agree on clauses dealing with financial, insurance services.

The bank’s total revenue increased by 43% to Rs2.4 billion.

'The majority of defaulters are rich and influential people who are either involved in electricity theft.'

Offers transfer of expertise, technology to counter floods, manage rivers.

Below-average rains boost demand for diesel to bridge energy deficit.

Fragmented dairy industry unable to export due to low yields.

Silos will have capacity to hold 150,000 tons of grain.

Stock exchanges to operate as for-profit, demutualised bodies.

Benchmark KSE-100 index surges 132 points.

Provides guarantees of Rs532b against threshold of Rs413b.

Term ending in September, extension may spark controversy.

Wellhead gas price increased by 60% to attract exploration firms.

The policy is part of India's struggle to provide jobs to its growing army of young people.

Judge may go back over Samsung Galaxy Tab ban in the US.

Technical, legal and financial experts to take part in the two-day meeting.

The share of garments as a percentage of textile exports has remained constant since 2002.

The province gets less gas, but also uses it less efficiently.

Lobbyists for the industry, however, remain firmly in denial, blaming the government instead.

Government continues supplying gas to the biggest companies, at the expense of small businesses.

Shift away from tailored clothes accompanies rise in spending power, convenience shopping.

It employs many, exports a lot, but pays little in taxes and impedes growth of other sectors.

Sector-specific activity resulted in volumes jumping 73%.

Promotion, which ran for one year, concluded with remarkable results in Ramazan this year, says PTCL.

RERA will frame laws governing land market, licensing, registration of agents.

New profit rate on Special Saving Certificates will be 10.8%.

Innovative edible coating will reduce post-harvest losses.

Reduces SAFTA sensitive list and allows investment in stock market.

Deal expected to be much lower than reported $10 million: Sehgal.

Butt shuns rewarding job in France, founds logistics firm in Pakistan.

Delhi plans to extend its gas pipeline to Wagah border.

Small-scale irrigation provides food security, protection against climate risks.

Information minister says let political setup do its job.

Agriculture production to drop 25% by 2050 due to water shortage.

KSE’s benchmark 100-share index falls 41 points.

Govt asked to revive project after ADB refused funds for Bhasha Dam.

Punjab taxi scheme helps country’s largest assembler move from making millions to billions.

On the back of high oil prices, depleting forex reserves and debt servicing.

Pakistan and Iran to meet next month to finalise deal on laying Pakistan’s portion.

Both countries will reach accord next month, US team arriving.

Court bans sales in South Korea of Apple's iPhone 4 and iPad 2, as well as Samsung's Galaxy S and Galaxy SII.

PAC directs commerce ministry to draft a new auto policy within 15 days.

Delay in rains, water shortage blamed for the insect attack.

KCCI backs the decision, LCCI calls for increased vigilance.

Govt suspended cellular services after receiving terror alert.

Abu Dhabi Group bank to issue Term Finance Certificates worth Rs5 billion.

In line with growth strategy, 1,104MW will be added to national grid in fiscal 2013.

High Court directs Ministry of Defence to issue licence to airline.