| 27 February 2004 | Friday | 06 Muharram 1425 |
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Reliance Group may invest in Pakistan
NEW DELHI, Feb 26: A leading Pakistani conglomerate has sought investments from India's rags-to-riches Reliance Group, to set up a naphtha cracker facility in that country amid palpable signs ... 
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Cotton ordinance almost executed
MULTAN, Feb 26: Ministry of Food, Agriculture and Livestock (Minfal) on Thursday said the Cotton Standardization Ordinance 2002 had almost been implemented, paving way for clean and contamination-free cotton. ...
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Inflation may rise between 4-5pc in FY04
KARACHI, Feb 26: The State Bank will reduce its dollar buying from banks in this quarter and in the next quarter of the current fiscal year. ...
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Italians for modernizing marble industry
KARACHI, Feb 26: About 400-450 businessmen, including some 50- 70 Italians, are expected to attend a conference on "Italian marble and granite machinery ...
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PC hands over Habib Bank to Aga Khan Fund
ISLAMABAD, Feb 26: Pakistan on Thursday handed over its second largest bank - Habib Bank Limited (HBL) - to Aga Khan Fund for Economic Development (AKFED) against a two-phased Rs22.409 billion ...
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Govt may slap duty on yarn export
KARACHI, Feb 26: The government is likely to impose duty on export of cotton yarn. The step is being taken to improve its supply in the local market and ensure its availability for the value-added textile sector. ...
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Eurobond raises reserves to $12.49bn
KARACHI, Feb 26: Pakistan's liquid foreign exchange reserves shot up by $488 million to $12.493 billion in the week ending on February 21 after the country raised $500 million from the international market through eurobonds. ...
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July-Jan collection up by 15pc
ISLAMABAD, Feb 26: The revenue collection registered a growth of 14.9 per cent to Rs274.174 billion during the July-January period of the current financial year, as against Rs238.637 billion during the same period last year. ...
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Sri Lankan traders for FTA with Pakistan
KARACHI, Feb 26: Sri Lankan Consul General Ms Manel De Silva has said that Pakistan-Sri Lanka free trade agreement (FTA) will be a reality soon and both the governments are moving on a fast track to achieve this purpose. ...
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Leather exporters seek incentives
ISLAMABAD, Feb 26: Leather exporters have asked the government to announce incentives aimed at improving the quality and standard of leather goods to make them competitive in the international markets. ...
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Trading picks up on cotton market
KARACHI, Feb 26: Active trading was witnessed on the cotton market on Thursday as leading spinners resumed their covering operations against forward sales of cotton yarn after ginners lowered their asking prices. ...
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Stocks maintain upward drive on higher dividend reports
KARACHI, Feb 26: Stocks on Thursday rose further across a broad front on active follow-up support aided by higher dividend and bonus share announcements by some leading companies, notably from the banking sector. ...
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