Low Graphics Site

October 20, 2002 Sunday Sha'aban 13, 1423 Sindh to get Rs600m more from federal pool KARACHI, Oct 19: The Sindh government will get about Rs600 million more than budgeted share of the federal divisible pool in the current fiscal year following the decision to refix provincial... MFBs to have Rs100m-500m paidup capital KARACHI, Oct 19: The State Bank has advised those interested in setting up microfinance banks/institutions to obtain application forms from the director of its Banking Supervision Department or download from its... Dollar slips below Rs59: Down 1.8pc since July KARACHI, Oct 19: The US dollar fell below Rs59 in the inter-bank market on Saturday. This was not unexpected. Senior bankers said they were anticipating this amidst rising inflow of foreign... Sales pick up in auto sector KARACHI, Oct 19: Auto sector has shown good results in the first quarter as car sales went up by 23 per cent, bikes 28 per cent, light commercial vehicles (LCVs) 28... SBP warning to banks on long term deposits KARACHI, Oct 19: The State Bank has taken notice of increasing complaints by the depositors that the banks lower the rates of return on fixed term deposits periodically.... Brazil sugar prices set record RIO DE JANEIRO, Brazil, Oct 19: Domestic sugar prices rose to record levels as millers chose to sit on stocks as world prices on Friday hit 13-month highs and the real... Dollar firm as yen weakens NEW YORK, Oct 19: The dollar held firm on the foreign exchange market on Friday, amid a cautious outlook for the yen and little enthusiasm for the euro.... New York cotton futures higher NEW YORK, Oct 19: NY cotton futures ended higher on Friday on forecasts for rain in some cotton-growing areas of the US South after recent severe storms.... Indian forex reserves at $63.932 billion MUMBAI, Oct 19: Indian foreign exchange reserves scaled a new high of $63.932 billion on October 11, boosted by export remittances and analysts expect the trend to continue, underpinned by hopes... Indian sell-off plan faces uncertainty NEW DELHI, Oct 19: India’s privatization minister Arun Shourie said on Saturday the entire programme of selling off state firms which are largely loss-making was thrown into uncertainty due to growing... IMF chief urges Maghreb economic integration TUNIS, Oct 19: The International Monetary Fund (IMF) Managing Director Horst Koehler on Saturday urged Maghreb leaders to step up the integration of their economies to shore up free market reforms... Assessee excluded from total audit ISLAMABAD, Oct 19: The Federal Tax Ombudsman (FTO), Justice Saleem Akhtar, has asked the Central Board of Revenue (CBR) for exclusion of an assessee from the list of total audit under... Gold prices fall to seven-week low, oil steady LONDON, Oct 19: Gold prices fell to a seven-week low this week as speculators piled out of the precious metal and into surging global stock markets.... Platinum Bank KARACHI, Oct 19: The Platinum Bank’s new management took over on Friday with a seven-member Board of Directors.... France pushes back Air France sale PARIS, Oct 19: France will hold off for six months to a year before privatising Air France due to tension over Iraq, French Finance Minister Francis Mer said on Saturday, in... Pakistan, China to cooperate in financial sector BEIJING, Oct 19: Pakistani financial experts are prepared to join hands with their Chinese friends to develop a scandal-free management system.... Spinners resort to panic buying KARACHI, Oct 19: Report of fall in arrivals of phutti into the ginneries during the last fortnight worried spinners and they resorted to panic buying on Saturday without awaiting further developments... Singapore listed companies to file quarterly report SINGAPORE, Oct 19: Listed companies in Singapore have been asked to report their results every quarter from Jan 1 next year.... SPI registers marginal drop ISLAMABAD, Oct 19: Sensitive Price Indicator for the week ending October 17 dropped by 0.15 per cent as compared to previous week, according to the weekly price data released by the... Karachi Port operations KARACHI, Oct 19: Six ships including a car carrier Perseus Leader carrying 180 units are expected to arrive at the outer anchorage on Sunday, according to KPT sources....

Contributions Privacy Policy © DAWN Group of Newspapers, 2005