Business

In the previous auction, all bids for the 12-month paper had been rejected.

FFC had submitted its pre-merger application for acquisition of 75% to 79.87% shares of Agritech Limited.

Well is expected to lift Mela field’s oil production by 1,800-2,000 barrels bpd to 6,500 bpd, said a press release.

Wood is being used as a short- term solution, while the other options are being used as long- term alternatives.

Competition amongst producers intensifies.

SM Muneer has expressed concern over delay of cotton shipments from India.

KSE-100 index rises 28 points.

Aim is to produce disease resistant, high yielding crops.

SBP is scheduled to announce the monetary policy on January 29.

Pakistani side assured visiting delegation that it would raise power tariffs, restrict subsidies.

Government consultation with business associations has been poor, especially over the last two years.

Jump in profits mainly due to higher margins, increase in other income and decline in financial costs.

House Building Finance Corporation says transformation strategy will turn company into efficient, profitable entity.

Minister for Agriculture and Cooperatives directed officers to make efforts for the recovery of non-performing loans.

Indonesia's chairmanship of Asean the right time to achieve dialogue partner status for Pakistan.

Respondents say transaction data cannot be retrieved.

Irish company, Harris Group, says it also intends to set up commercial vehicle testing centre.

Russian market likely to import four million tons of potatoes from Pakistan,

Engro set to enter halal food business in North America, signs agreement with Al Safa to purchase its food business.

The appointment takes the strength of the board to nine members.

KSE-100 index gained 85 points to end 0.7 per cent higher on Tuesday.

Finance team briefs parliamentarians to ‘sensitise’ them on economic issues.

ECC orders retender of Liquefied Natural Gas import contract.

Breaking the bank - despite the economic crunch, wedding expenditures show no signs of abating.

Hinopak Motors Limited posts net profit of Rs59.6 million.

The project’s proposed cost was at least 30 per cent higher than a similar contract awarded to a Chinese firm.

Summit bank will acquire 59% stake in My Bank.

Budget deficit cited as key risk to investors in equity, debt markets.

Consultations with stakeholder's to come up with a strategy underway.

Interest from Chinese, Norwegian firms also expected.

Siemens Pakistan net profit dropped 44 per cent to Rs203.35 million in the quarter ended December 31, 2010.

Call for early approval of Security Bill 2010.

Half year results break market expectations

Diamer bhasha dam project to start next month.

ECC takes up the matter for deliberations today.

Turn over falls 46% to 109 million shares.

Wholesale price of sugar came down by a rupee to Rs65 per kilogramme.

Alternate route to facilitate Bin Qasim Industrialists to be establishes.

European Union ambassador pledges support.

Toyota's global sales rose eight percent year-on-year to 8.418 million vehicles, narrowly beating General Motors.

PM suggested formation of the committee a month ago.

Besides political pressure at home, the government has to face the IMF delegation expected to arrive this month.

Pakistan needs an annual growth of eight per cent to channel its massive youth bulge from becoming a liability.

Is economics finally in the driving seat, or are the country’s economic problems being politicised?

Warren Buffett, Forbes’ richest man on several occasions, attributes his wealth to just a few key investments.

Why reducing the size of government ministries will not solve the fiscal deficit.

It is not how much the government spends but how it spends that determines the quality of education.

The amount is more than six times the available fiscal cushion.

From a financial perspective, this wedding culture of over-the-top nuptials could not possibly be more ruinous.

Body decides to meet everything three months to review steel mills' efficiency and send recommendations to govt.