en-pk-hotdailynews: 2015-06-05 Pakistan Business

Pakistan budget sees 5.5 pct GDP growth in 2015/16, best since crisis
Reuters
ISLAMABAD, June 5 Pakistan will target growth next year of 5.5 percent when it unveils its 2015/16 budget on Friday, with historically low interest rates and infrastructure spending expected to fuel the fastest expansion since the global financial crisis. Finance ...

Economic survey: Riddled with typos and errors   The Express Tribune
Many economic targets missed, admits Dar   The News International
Govt misses key targets but gives growth hopes   The Nation
Daily Times
Business Recorder (press release) (blog)
Pakistan Today
all 90 news articles »

Tax losses up 39pc despite withdrawal of exemptions
DAWN.com
ISLAMABAD: Despite a massive cut in tax exemptions this year, the total amount of foregone revenue on account of these exemptions jumped rapidly this year. The Pakistan Economic Survey 2014-15 shows total tax exemptions granted under the income tax, ...

Economic 2015-15 Survey: Tax exemptions eat up Rs665b in revenues   The Express Tribune
Tax expenditure goes up by 39pc   The Nation
Economic Survey: exemptions cause Rs 665 billion revenue loss   Business Recorder (press release) (blog)

all 5 news articles »

Extra taxes to hurt telecom sector
DAWN.com
LAHORE: Telecom operators on Thursday urged the government to withdraw its decision to impose extra taxes on the telecom sector in the forthcoming budget. “Taxation on telecom sector in Pakistan is already one of the highest in the world. Imposing ...

Mini budget: Punjab levies tax on internet services   The Nation

all 3 news articles »

Stocks settle above 34000-level
DAWN.com
KARACHI: Stocks resumed the rally on Thursday with the KSE-100 index up by 177.12 points (0.52 per cent) to cross 34,000-level after about four months. The index had last seen that level on February 11. The benchmark settled at 34,085.74 after another ...

Rare success story: KSE-100 rises and shines during 10MFY15   The Express Tribune
KSE-100 reclaims 34k level on foreign buying   Daily Times
BRIndex30 surges 129.68 points   Business Recorder (press release) (blog)
Shanghai Daily (subscription)
all 7 news articles »

Last resort: Farmers protest low wheat price, high power bills
The Express Tribune
Hundreds of farmers from various districts reached Lahore on tractor-trolleys and pick-up vans on Thursday to stage a protest demonstration in front of the Punjab Assembly against “low support price of wheat and high electricity bills”. Police stopped them ...

Farmers protest   The Nation
Farmers end protest after written assurances from Rana Sanaullah   DunyaNews Pakistan
Rana Sanaullah Reached Multan Road to have negotiations with Farmers   News Tribe

all 6 news articles »

Good, bad, ugly of two-year rule of Nawaz
The News International
ISLAMABAD: Prime Minister Nawaz Sharif on Friday completes his two years, which have been mixed in terms of his achievements and failures besides significant for foiling, with the support of parliament and majority opposition parties, a serious plot to oust ...

'Grinning' PM disappoints Pindiwallahs   DAWN.com
Metro bus rolls out in capital   The Nation
Pakistan's Nawaz Sharif inaugurates transit metro service between Rawalpindi ...   Financial Express
The Express Tribune
Business Recorder (press release) (blog)
Daily Times
all 111 news articles »

Manufacturing in the doldrums
DAWN.com
ISLAMABAD: The biggest challenge in lifting the growth rate of the economy is in the industrial sector. Large-scale manufacturing (LSM) growth slowed down to 2.5 per cent during July-March 2014 -15 compared to 4.6pc in the same period of last fiscal year.
Alarming results: Large-scale manufacturing registers dismal growth   The Express Tribune
Lower LSM growth: Economic Survey reveals key reasons   Business Recorder (press release) (blog)

all 3 news articles »

Maggi controversy: Twitter reacts
Times of India
Actors Madhuri Dixit, Amitabh Bachchan and Preity Zinta could land in trouble if advertisements for Maggi noodles featuring them are found to be misleading, says the consumer affairs ministry. Maggi brand ambassadors, including Bollywood star Madhuri ...

Nestle takes Maggi noodles off shelves across India   BBC News
STOCK IN FOCUS: Nestle India cuts Maggi production by third as nationwide ...   Economic Times
Nestle India bites the bullet, takes Maggi noodles off the shelves for now   Firstpost
Financial Times
The Express Tribune
The Hindu
all 2,226 news articles »

CPPA asks Nepra to cut power tariff by Rs1.35/unit
The Nation
ISLAMABAD - The Central Power Purchase Agency on Thursday requested the National Electric Power Regulatory Authority a decrease of Rs 1.35 per unit for the month of April 2015, under monthly Fuel Price Adjustment. According to data compiled by the ...

Government must not act unfairly, dishonestly   Business Recorder (press release) (blog)

all 2 news articles »

PM bars PNSC from bringing petrol, diesel
The Express Tribune
The prime minister in a meeting on Wednesday directed that PNSC would only provide vessels for furnace oil import. PHOTO: PNSC. ISLAMABAD: Prime Minister Nawaz Sharif has stepped in to settle the dispute between Pakistan State Oil (PSO) and ...

Suspended officers still unsure about their fate   The Nation

all 2 news articles »

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