Business

Business

Pakistan seeks $815m in OGDCL share sale

The Government of Pakistan aims to generate approximately $815 million by selling shares in the Oil and Gas Development Co…

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Bulls return to Stocks exchange thanks to 150-point rally

Stocks gathered momentum yesterday which saw KSE-100 index gain 149.90 points or 0.50 per cent to yet again jump over…

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Rs2,810bn revenue target too ambitious: report

The revenue collection target of Rs2,810 billion for the fiscal year 2014-15 is too ambitious, says a government report. The…

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Finance Minister Ishaq Dar wants “fair play” in consumer goods market

Finance Minis­ter Ishaq Dar yesterday, asked the Competition Commission of Pakistan (CCP) to ensure fair play in the consumer goods…

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Bears make comeback as stocks fall below 30,000-level

After resisting for the past few sessions, the KSE-100 index finally gave up the 30,000-level as it dropped by 21.93…

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Orix Leasing all set to tap into lucrative Islamic finance market

Orix Leasing Pakistan Limited (OLPL) plans to tap the high growth Islamic finance market. The company has chosen an innovative…

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Internal debt servicing nearly doubles in July

Interest payments on domestic debt grew by 80.5 per cent to Rs188 billion in July 2014 from Rs104bn in the…

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Pakistan Steel production capacity increased by 22% in past few months

The production capacity of Pakistan Steel Mills (PSM) has risen to 25 per cent from 3pc in May 2014 owing…

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MoU with Russia on fruit exports may be signed soon

Russia has sought a list of Pakistani companies meeting quarantine standards of Moscow in a bid to enhance import of…

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