Business

Industries facing outage of 4 to 6 hours, according to FESCO

Dr Ashfaque Hasan Khan terms Pakistan’s growth rate lowest in region.

"Positive thing about today’s rally was the rising rupee turnover that crossed [the] Rs9 billion mark,” Equity dealer.

Asks what govt can do in face of crippling circular debt

Ministry hands over the project to investment board to find interested parties.

Benchmark KSE-100 index gains 126 points.

Stock markets will shift from being oligopolistic partnerships to listed corporations.

Company management says auditors’ point of view is incorrect

TAPI project faces a setback as Afghanistan pulls out.

Focus on joint ventures urged in order to explore new avenues of cooperation.

Seminar speakers emphasise Thar reserves hold key to ending energy crisis.

Banks/DFIs asked to surrender deposits idle for 10 years.

Locally manufactured urea sales plummet in February

Law will convert bourses into for-profit entities owned by shareholders.

Powering tubewell pumps with solar energy can save 7,000MW: expert.

Accountant General Punjab withheld income tax of govt employees.

Benchmark KSE-100 index jumps 163 points.

Major industrial, commercial centres stay closed after killing of a political activist.

Forced Islamisation halted bank’s progress, says CEO Bilal Mustafa.

Power companies send notices to the state-owned Central Power Purchasing Agency for clearance of Rs42b dues.

MMA Airlines will fly from Ras Al Khaimah to Lahore and Karachi from May.

SECP has waived monthly subscription fee for SMS alert facility provided to investor account holders by the CD.

Benchmark KSE-100 index gains 13 points.

Adamjee Insurance’s net profit plummeted 73% to Rs132 million in 2011.

Shahbaz Sharif to stand by industrialists at march against electricity price hike.

Finance ministry asked to release Rs4b to keep the plants running.

10 more trains scheduled for public-private partnership programme.

With this latest product, MCB intends to redefine customer behaviour by building POS usage habit on debit cards.

The last foreign shareholder looks to offload shares while Dawood Group and Allied Bank vie for stake.

Shell, Byco, Attock Petroleum to benefit from US giant’s departure: Merrill Lynch.

Threaten strike against fuel price adjustment charges.

Outlet will cater to demand for luxury electronics.

Mediocre performances amid stagnant production levels leave companies with no other choice but to increase prices.

US women are the world’s largest economy based on purchasing parity.

Entrepreneurs do not require a lot of money, just a creative mind.

Since lawn is such a popular fabric, why not market it abroad?.

Crippling outages, rising production cost has hurt industries.

Former PIA managing director currently is a serving pilot.

Major oil companies contemplating expansion plans.

Market for higher end goods continues to expand despite economic slowdown.

Company board, instead of prime minister, will appoint CEO.

Political situation and uncertainty of the Capital Gains Tax regime kept the index range-bound.

Rao Qamar takes over as PIA managing director. Nadeem Khan Yousafzai reassigned as DG CAA.

Pakistan Economy Watch for reversal of policy introduced by Pervez Musharraf.

Greater involvement sought in auto industry.

Argentinean Deputy Ambassador says purpose of his visit was to promote bilateral relations with Pakistani businessmen.

Students of an aviation institute succeed in securing jobs during studies.

World Bank picks Lahore from SAARC region to set up research lab.

Project located less than a kilometre from the holy shrine

Farmers complain that the increase in wheat support price is not enough.