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| April 8, 2003 | Tuesday | Safar 5, 1424 |
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Formation of NFC further delayed
KARACHI, April 7: Mainly because of delay in appointment of a federal finance minister in Islamabad, the formation of the National Finance Commission (NFC) is being put off. All the four... 
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Completion of Gwadar port on time assured
ISLAMABAD, April 7: China has assured Pakistan of mobilizing all resources to get the Gwadar Deep Sea Port completed on time....
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Nepra assures provinces of power duty by IPPs
ISLAMABAD, April 7: National Electric Power Regulatory Authority (Nepra) on Monday assured that around 20 independent power producers (IPPs) and 38 small power producers (SPPs) would be asked to pay electricity...
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CBR removes flaws from DTRE rules
ISLAMABAD, April 7: The Central Board of Revenue (CBR) has removed further irritants from the Duty and Tax Remission for Export (DTRE) Rules, 2001 to make it user friendly....
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Govt to revise taxes, tariffs
QUETTA, April 7: Federal Minister for Industries and Production Liaquat Ali Jatoi has announced that the government would revise taxes, power and gas tariffs in the coming budget to boost industrial...
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Revised jewellery export finance procedure
KARACHI, April 7: The State Bank has revised the procedure for obtaining export finance by exporters of gold jewellery....
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Gold prices fall by Rs360
KARACHI, April 7: Gold prices tumbled by Rs360 to Rs6,095 on Monday from Rs6,455 per 10 grams since the US invasion of Iraq 18 days back....
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Corporate profile
KARACHI, April 7: On Monday, Pakistan International Airlines Corporation (PIA), announced financial figures for the year ended...
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Rupee weaker
KARACHI, April 7: The Pakistani rupee ended slightly weaker on Monday as banks stepped up their dollar purchases to cover corporate debt and trade payments, dealers said....
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Oil prices
LONDON, April 7: Oil prices slumped to a near-five month nadir here on Monday after US troops entered the heart of Baghdad, but prices later recovered amid worries about possible output...
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KSE 100-share index crosses 2,800-point barrier
KARACHI, April 7: Stocks on Monday posted fresh widespread gains followed by active short-covering aided by the perception that the sell-off of controlling shares of the PSO to some strategic bidder...
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Govt asked to cut ST rate to 10pc: ITBAK pre-budget seminar
KARACHI, April 7: Tax consultants and experts have asked the government to lower sales tax rate to 10 per cent and should also strive to broaden the tax base by bringing...
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Prices continue falling on cotton market
KARACHI, April 7: Physical activity on the cotton market failed to pick up on Monday as both spinners and mills kept to the sidelines awaiting further fall in prices....
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PC board reviews PSO, PTCL, HBL sell-off
ISLAMABAD, April 7: Prime Minister’s Adviser on Privatization and Investment Dr Hafeez Shaikh on Monday said the government was fully committed to privatizing the public sector entities with utmost transparency, competition...
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Value of dutiable imports up
ISLAMABAD, April 7: The value of dutiable imports up by 13.57 per cent to Rs327.237 billion during July-March 2002-03 against Rs288.134 billion the same period last year, according to statistics released...
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Dollar higher against yen
LONDON, April 7: The dollar powered upwards Monday on news of rapid progress by US-led forces who rolled into Baghdad and Basra in southern Iraq over the weekend, raising expectations of...
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Palm oil rallies
KUALA LUMPUR, April 7: Palm oil futures surged in Monday’s late trade to close sharply higher, fuelled by talk of Malaysia’s participation in Iraq’s food-for-oil programme....
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Football industry
SIALKOT, April 7: The World Federation of Sporting Goods Industry (WFSGI) has offered cooperation and technical assistance for boosting the soccer ball industry....
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Karachi Port operations
KARACHI, April 7: Six ships carrying containers and crude oil are due to arrive at the outer anchorage on Tuesday, according to KPT sources....
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Bankers for Cairo
KARACHI, April 7: Two senior bankers will leave here on Tuesday for Cairo to share Pakistan’s experience with the central bank of Egypt on how to tackle widening gap between official...
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