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| November 16, 2003 | Sunday | Ramazan 20, 1424 |
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Govt plans to invest Rs10bn in Textile City
KARACHI, Nov 15: The government plans to invest Rs10 billion in the initial stage for providing water, gas and electricity and construction of buildings and roads and other facilities in the... 
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Fish prices move up 15pc in one week
KARACHI, Nov 15: Fish prices have shot up in the city by 10-15 per cent in the last one week since buyers have thronged the markets to consume the white meat...
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WTO customs valuation code has flaws
ISLAMABAD, Nov 15: The World Trade Organization (WTO) agreement on customs valuation has failed to check the rampant fake invoicing and tax frauds causing harm to the local industries of the...
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Sugar procurement Finance ministry delays Rs600m payment to TCP
KARACHI, Nov 15: The finance ministry is proving to be ‘penny wise and pound foolish’ by inordinately delaying about Rs600 million payment to the Trading Corporation of Pakistan on account of...
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Pakistan, BD FTA talks begin today
DHAKA, Nov 15: Bangladesh and Pakistan start talks on free trade agreement (FTA) on Sunday to set the modalities for the next round of negotiation for signing the bilateral trade pact,...
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TCP receives 23 bids from sugar mills
KARACHI, Nov 15: The Trading Corporation of Pakistan received on Saturday 23 bids from sugar mills for the procurement of 100,000 tons of sugar from the unsold stock of 2002-03 sugarcane...
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Snags in governmental decision making
KARACHI, Nov 15: Temporary part-time executive chairmen have been appointed in the crisis-ridden Wapda and KESC, pending nomination of permanent ones by the government....
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Jahangir Siddiqui & Co
KARACHI, Nov 15: At the Annual General Meeting (AGM) to be held on November 29, shareholders in Jahangir Siddiqui & Company Limited would have reason to rejoice....
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July-September Govt borrows Rs6.9bn from widows, pensioners
KARACHI, Nov 15: The government has raised Rs6.959 billion domestic debt in the first three months of this fiscal year through two tailor-made national saving schemes — one for the pensioners...
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Rs125.9bn fixed for 2nd quarter
ISLAMABAD, Nov 15: The tax authorities have fixed Rs125.9 billion revenue target for the second quarter of the current financial year against Rs111.080 billion collected during the same period last year,...
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Gold in focus as weak dollar pushes it near $400 mark
LONDON, Nov 15: Gold was the talking point of the commodities week, with the metal almost breaching the psychologically important $400 per ounce mark for the first time in more than...
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China to trumpet US imports with eye on surplus
CHICAGO, Nov 15: China, in an attempt to dim the harsh spotlight on its huge trade surplus with the United States, will trumpet its hefty purchases of US soyabeans at an...
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Oil prices up 12pc in Nov on US supply
NEW YORK, Nov 15: Oil prices rose on Friday, pushing gains this month to 12 per cent after the US government reported crude and heating oil stocks falling ahead of winter...
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US farm groups to seek WTO case vs EU biotech law
WASHINGTON, Nov 15: US farm groups, fearing additional lost exports to Europe, next week will urge the Bush administration to push ahead with a World Trade Organization complaint against the EU’s...
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New York cotton futures higher
NEW YORK, Nov 15: NY cotton futures settled near session highs on Friday on scattered buying sparked by a bullish weekly USDA cotton export sales report, dealers said....
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Canadian dollar takes breather
TORONTO, Nov 15: The Canadian dollar took a break from a week-long surge against a broadly weaker US currency on Friday, despite strong domestic data....
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India’s reserves cross $93bn
MUMBAI, Nov 15: India’s foreign exchange reserves surged past $93 billion in the week to November 7, as the central bank continued to mop up dollars to dampen demand for the...
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US stocks end lower
NEW YORK, Nov 15: Stocks sagged on Friday and ended the week lower as disappointing corporate results and mixed economic data offered investors little reassurance that the economic rebound is gaining...
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‘Japan likely to upgrade economic assessment’
TOKYO, Nov 15: Japan is likely to upgrade its assessment of the state of economy in a monthly report due out next week, following the release of upbeat economic data, Kyodo...
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Greenback 3-week low against euro
CHICAGO, Nov 15: The dollar tumbled to a three-week low against the euro on Friday after mixed data released earlier clouded the outlook for US economic recovery....
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