Business

Domestic demand drops 9% in April from a month earlier.

Company is yet to receive grant of ten blocks it won on March 10’s bidding rounds.

Strong corporate earnings and possibility of a new IMF deal propelled market to record high.

Sees wide chances of trade, joint ventures between two sides.

Incurs a gross loss of Rs1.3b, but 44% higher other income saves the day.

Punjab taxi scheme drove car demand last year.

Contract for developing phase-II was given to a Chinese firm.

EBITDA quadruples, as the power company shows strong growth in revenues.

Index flirts with 19,000-point barrier in intraday trade.

Move came after SC cancelled previous chairman’s appointment.

Company’s losses extend 28% in 2012 to Rs32.4 billion.

Shortage of operational aircraft at the state-run PIA has created room for private carriers.

Industry needs modernisation to meet international hygiene standards.

Transporters said they haven’t moved goods since Wednesday, which saw a shutter-down strike in the port city.

Power producer reports 49% growth in profitability in 9MFY13 .

Oil and gas explorer announces exceptional profit of Rs76b.

Believes reforms will attract investment from the UK, boost trade.

Engro Corp’s fertiliser arm will be quoted on stock market by year-end.

IGI Insurance sees profits drop by 36.2% on back of higher claims.

Benchmark KSE-100 index gains 106 points.

Reports allege companies sold power fraudulently to the national grid.

Will have to bear additional subsidy of Rs200b this fiscal year.

Prime minister forwards his own recommendations to finance ministry.

Attributable to growing local sales and gross margins .

They are accused of manipulating Azgard Nine’s share price.

Profits rise by 63% in 9MFY13 over previous year.

Despite higher oil and gas supply quota, load-shedding peaks to 18 hours.

Allied Bank, Bank Alfalah, and Bank AL Habib announced their first results of the year.

Benchmark KSE-100 index gained 132 points.

Meezan Bank believes Islamic banking will be 20% of banking industry in 2015.

Repair work on undersea cable to start from April 28.

Says the bank is ignoring critical areas of energy, civil service reforms.

Say gas supply to Punjab’s industry being cut to half.

Specialised policies for least developed and small economies urged.

Company records only 2% growth in earnings over preceding quarter.

Meeting was called to consider projects worth Rs16b for approval.

Bank manages to cut provisions, boost non-core income to stay in profitability .

Despite ban, govt’s persistence to acquire permits suggests sector is still profitable.

Support from earnings announcement helps index gain 42 points.

Despite higher operational profitability, a large drop in company’s interest receivables restricts overall growth.

Entrepreneurs complain about cumbersome procedures.

OGRA directs company to recover billions of rupees worth of dues.

Ahead of general elections, cellular operators start to offer related services.

IMF to negotiate loan agreements with the elected government.

The ministers assured that gas and electricity supply will be increased with immediate effect.

Despite severe gas shortages, the outgoing government awarded as many as 1,480 CNG stations licences, says Muneer .

Wishes to capitalise on increasing brand awareness.

Company feels that the Pakistani market can afford its pricey services.

PC deputy chairman visits GCUF, boosts students’ morale.

Guidelines will improve governance and stability of firms.