Business

Delhi seeks $21 per mmbtu, higher than regional average of $16.

Govt to cut power subsidies by Rs265 billion, according to WB documents.

Jilani has been authorised in order to save time as finance minister is accompanying PM on his UK tour.

The loan will carry a 2% interest rate.

Supreme Court's December ruling curtailed the govt's discretionary powers, which are often used in May and June.

Goal to improve bilateral relations between Pakistan, Afghanistan.

Delegation to learn from Turkish experience, attract investors.

Mansoor says repair and maintenance work would increase productivity.

Say uniform tax rate and reduced burden will bring desired results.

Country’s ambassador stresses working mutually on projects.

Consumers will be able to pay online for a range of products.

President ICCI stressed the need for bringing other sectors under the tax net despite increasing the tax ratio.

Hoffman says sophisticated clientele wants luxury timepieces, future lies in Asia.

Despite slump, trade with India will boost sector.

FBR may introduce new tariff slab for consumers desiring to switch from bikes to smaller cars.

$600 million approved for energy sector reforms along with $400 million for macroeconomic reforms.

Revised prices expected to have significant impact on agricultural sector.

Textile industry advised to take full advantage of GSP Plus.

Aims to take share of Islamic financial system to 20% in five years.

Decline occurs due to expenditure on boilers, says analyst.

Urges focus from revenue generation to growth.

If merger takes place, former would become second largest cement producer.

Benchmark KSE-100 index gains 476.39 points.

LNG import agreement signed between SSGC, Engro.

Programme aimed at reducing technical losses by improving obsolete infrastructure.

Collects Rs163b missing even the downward revised target of Rs196.3b.

Hotels in New York and Paris could be sold by January 2015.

People will now be able to use applications anonymously at Facebook.

Report says there have not been significant improvements in Pakistan's overall intellectual property rights protection

The price of petrol has been reduced by meager Rs0.34 per litre.

PSMA has asked for a $40 per ton subsidy for the export of half a million surplus sugar stock.

Likely to indict senior management of Trust Investment Bank in today’s hearing.

Higher other income supports profit growth.

Company announces EPS of Rs3.58, fall attributed to higher costs.

National flag carrier improves performance in 1QCY14.

Benchmark KSE-100 index falls 255 points.

Company to clear $516m in one go, confirms CEO.

Company testing on trial basis in selected areas .

Suggests boosting amount to Rs525b from Rs506b.

Now equals 42% of GDP, SBP data shows.

Beijing plans to build gas pipeline from Gwadar to its territory.

Influx of smuggled tyres are so great that industry is unable to sustain a level of sales that would turn a profit.

Output increased in three of the four main industrial groupings according to the Office for National Statistics (ONS)

New prices to come into effect after PM’s approval.

Incoming SBP chief has favoured finance ministry’s role in running central bank’s affairs.

Two new stores are going to open soon, one in Federal B Area in Karachi, another on the Islamabad to Lahore Motorway.

European bank has provided around €223.6 million for 5 energy projects.

Hydroelectric reactor could solve industries’ power woes.

Earns Rs90.9b, declares cash dividend of Rs2.25 per share.

Accounts for 32% of sales, a serious blow to local producers.