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| April 6, 2003 | Sunday | Safar 3, 1424 |
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Shaukat to Discuss 5th PRGF with IMF: Meeting on 11th
ISLAMABAD, April 5: A high-level delegation led by Prime Minister’s Adviser on finance Shaukat Aziz is scheduled to leave for Washington on Monday night to discuss the fifth review of Poverty... 
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SPI posts 0.42pc decline
ISLAMABAD, April 5: The Sensitive Price Indicator during the week ending April 3, dropped by 0.42 per cent over the previous week mainly due to downward revision of the rates of...
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Govt to offer UBL shares thru bourse
KARACHI, April 5: The United Bank Ltd (UBL) said on Saturday the government would offer a portion of the shares it holds in the bank for public listing on the stock...
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Unisame seeks loans to buy properties
KARACHI, April 5: The Union of Small & Medium Enterprises (Unisame) has urged the State Bank of Pakistan (SBP) to arrange finance for the purchase of property by the small and...
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Crisis management in turbulent times
KARACHI, April 5: The Iraq war is a reminder and a wake-up call for the corporate Pakistan to focus on crisis management in turbulent times and in the realm of political...
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Prolonged war may lead to global recession
NEW YORK, April 5: Anything less than a short, decisive victory for US-led forces in Iraq would paint a gloomy picture for the global economy, top investment bank economists said on...
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Oil drops as US-led forces advance
NEW YORK, April 5: Oil prices fell on Friday as US forces captured Baghdad’s main airport in their advance toward the capital, raising expectations of a swift end to the war...
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Iran’s reformists win budget row with hardliners
TEHRAN, April 5: Iran’s top hardline body has reached a compromise with reformists after a row over funding of a conservative constitutional watchdog, parliamentarians said on Saturday....
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Kuwait bourse rises 3.2pc
KUWAIT, April 5: The Kuwait Stock Exchange rose 3.2 per cent to a new record high at the start of the trading week on Saturday, fuelled by reports of a US...
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Dollar higher in New York
NEW YORK, April 5: The dollar rose for a fourth straight day on Friday after dealers shrugged off a weak US jobs report and focused instead on signs of progress for...
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Fed still seen waiting despite job losses
NEW YORK, April 5: A second month of huge job losses in March will test the Federal Reserve’s patience and may make an interest rate cut more likely in coming months,...
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EU ministers tackle ECB leadership, economic woes
 ATHENS, April 5: European Union finance ministers will tell their leaders to ask European Central Bank President Wim Duisenberg to stay on until his successor was appointed, Greek finance minister Nikos...
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Oil, gold prices sink on fears of long war
LONDON, April 4: Oil prices and gold prices took a tumble this week as fears of a long and bloody war in Iraq abated somewhat as US-led forces closed in on...
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Iran hikes petrol prices by 35pc
TEHRAN, April 5: Iran raised the price of petrol by between 30 and 35 per cent Saturday, risking a rise in inflation, press reports said....
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WB calls for social protection strategy: Poverty elimination
ISLAMABAD, April 5: South Asia is home to the largest number of world’s poor, and in Pakistan vulnerable population of 45 million makes up 25 per cent of those living in...
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Another lean session on cotton market
KARACHI, April 5: The cotton market on Saturday passed through another relatively quieter session as spinners were still in the process of formulating new purchase policy in the backdrop of final...
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Unified tax collection unit under study
FAISALABAD, April 5: Industries and Production Minister Liaquat Ali Jatoi has said that an advisory committee is being constituted to make the forthcoming budget as business friendly....
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MNCs asked to boost exports
KARACHI, April 5: The Minister for State and Chairman Export Promotion Bureau (EPB), Tariq Ikram, on Saturday urged the multinational companies (MNCs) to boost their exports from the country....
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Pakistan wants retention condition waived: Minimum customs value
ISLAMABAD, April 5: Pakistan has sought waiver from the WTO for retention of minimum customs values for some items aimed at discouraging the menace of under invoiced imports of these products,...
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SITE body flays power tariff hike
KARACHI, April 5: SITE Association of Industry chairman Haroon Farooki has criticized a 12-paisa raise in power tariff and termed the current increase as unjustifiable and uncalled for, especially when oil...
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