Business

High commissioner says case will go against Pakistan in international courts.

ECC to take up plan in next meeting which is aimed at curbing circular debt.

The impact of the increase in GST is also included in the proposed oil price increase.

Gold prices are expected to go down to Rs42,000 per tola, says President Sindh Sarafa Association.

ECC approves settlement of Rs503b dues in 45 days.

The 9.7 km project includes three bridges and approach roads on both sides of the tunnel.

Businessmen, academics urge shift to coal, bio-diesel and solar power.

To prosper, Pakistan needs to increase tax-to-GDP ratio to 20%: Minister .

Experts advise use of best-quality seeds to avoid production losses.

Benchmark KSE-100 index gains 13 points.

Plant will be established in Faisalabad estate at a cost of Rs3.6 billion.

Make progress on Bilateral Investment Treaty.

DAMAC says Pakistanis are among the top 10 investors in UAE real estate.

Company’s plans include entering refining, shipping and coal businesses.

Lahore court asks federal government to submit its reply in response to the latest development in a week.

All avenues need to be explored and every effort made to tap the alternative energy potential of the country, says PM.

Measures to help protect human capital, infrastructure.

Work on reconstructing 22MW power station completed.

After Karachi, system in Lahore and Islamabad will be connected online.

A consignment of around 3,000 tons of rice has been seized and quarantined.

Abraaj Group and JS Private Equity will partner with USAID to run fund.

Led by banking sector, index loses 108 points.

With deposit rates at seven-year low, outlook for the banking sector is dismal.

Govt is unwilling to pass on Rs2.61 per unit hike in power tariff to consumers.

Renegotiates deal with Chinese contractor, ministry seeks loan guarantees.

Says all efforts are being made to reduce instances of gas theft.

Mexican customs officials discover the shipment was contaminated by a tiny beetle that destroys grain products.

A strong social protection system will be introduced to tackle the issue of poverty, says Dar.

The overall import of mangoes of Mauritius is $ 1.5 billion annually.

PTEA lashes out at SNGPL for cutting off gas without informing stakeholder.

Processors better in performance, graphics and power consumption.

Says ban has hurt the car manufacturing industry.

If approved, it will ease burden of billions of dollars on consumers.

Local institutional activity buoys bourse to help it close green.

Officials claim utility’s agreement to buy 650MW from national grid is illegal.

Says the move will result in “undue harassment” by tax authorities.

Audit to cover fertiliser plants, captive power plants of textile units.

Tax authority forcing banks to pay advance income taxes to hide its own inefficiencies.

SNGPL warned that the company would conduct strict monitoring during gas holidays.

Transparency must be maintained during implementation of the policy, says premier.

Say it will help producers get better price for their products.

Mangos are one of Pakistan’s major fruit export.

Say priority to one sector over other will not solve economic woes.

Seeks lifting of a price cap imposed on gas from Sindh field.

Rumours of foreign selling pulls KSE to its worst loss in 2013.

Plans to build nine more after first is completed by mid-2015.

Brokers increasingly looking to the middle class to grow client base.

Once provided this amount, power producers will able to add around 2,000 megawatts to the national grid," says Yousaf.

Move expected to ease circular debt issue that plagues the entire energy chain and help curtail load-shedding.

Report cites 10% smartphone penetration, although 80% of phones found to cost less than $100.