Business

Business

Swiss authorities complete tax-dodge payments to Britain, Austria

Switzerland said Monday that it had completed a programme to pay Britain and Austria hundreds of millions of euros in…

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Stocks continue free fall amidst political deadlock

Stocks drifted lower on the opening day of the week with the KSE-100 index closing down by 74.00 points at…

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ADB to guide public-private partnerships

The Asian Development Bank (ADB) yesterday created a new office to provide governments with independent advice on shaping public-private partnerships…

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ICI Pakistan posts Rs1.7bn profit after tax

The ICI Pakistan Limited posted profit-after-tax of Rs1.7 billion for FY14, a growth of 47 per cent over the previous…

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Inflation clocks in at 7% in August

The country’s year-on-year inflation stood at seven per cent in August, according to Pak­istan Bureau of Statistics. Inflation was 7.9pc…

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Govt collects Rs600bn from oil and gas sector

The government was able to collect around Rs600 billion revenues on oil and gas during financial year 2013-14. According to…

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Private sector not interested in borrowing from banks

The private sector again showed reluctance in borrowing from banks, despite its better performance in the previous financial year. The…

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Rs28bn released for development projects under PSDP header

The government has so far released Rs28.32 billion under the Public Sector Development Programme (PSDP) for various projects against a…

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Political chaos due to PTI/PAT sit-ins badly hurting development

Political tension created by the sit-ins has started adversely affecting development activities as the government has disbursed only five per…

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