Inflation set to rise as target bursts: Money supply
KARACHI, March 10: Monetary assets have grown 11.07 per cent in less than eight months of this fiscal year leaving behind the full year target of 11.06 per cent.
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Govt wants premium cost reduced: Car makers meet Shaukat
KARACHI, March 10: The government does not appear to be inclined to allow import of reconditioned cars but definitely wants to effectively curb the premium cost
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Machinery import jumps by 23.68pc
ISLAMABAD, March 10: Imports of machinery group jumped by 23.68 per cent to nearly $2201.33 million during the period July-February, 2002-04, as compared to corresponding period of previous year.
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Balochistan registers Rs1bn shortfall: Federal revenue receipt
QUETTA, March 10: The Balochistan government has registered a shortfall of Rs1 billion in federal revenue receipts in first six months of the current financial year.
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'Big' money blamed for hoarding: Wheat, rice
KARACHI, March 10: Big money coming from neighbouring country via Dubai along with locally available cheap finance has given traders an opportunity to hoard essential grains like wheat and rice thereby creating artificial shortages resulting in unprecedented price spiral.
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Companies Easy Exit Scheme relaunched
ISLAMABAD, March 10: The Securities and Exchange Commission of Pakistan (SECP) announced here on Wednesday the re launching of the Companies Easy Exit Scheme (CEES) to provide another opportunity to dormant companies to get themselves de-registered.
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Hydel power generation goes up by 18.9pc
KARACHI, Mar 10: Hydel power generation during the first five months of the current financial year (July-November) stood at 1,736mw, which represented 18.9 per cent increase over 1,460mw of power generated through that natural and cheaper source.
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Govt calls cement industry meeting
ISLAMABAD, March 10: The federal government has convened a meeting of the cement industry here on Thursday to combat a rising trend in the prices of cement, sources in the industries ministry told Dawn.
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NWFP budget deficit stands at Rs4bn
PESHAWAR, March 10: The NWFP government's financial crisis deepened as its budgetary deficit stood around at Rs4 billion at the end of the first seven months of the current financial year, according to official sources.
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Revenue target
ISLAMABAD, March 10: The outgoing chairman, CBR, Riaz Ahmed Malik on Wednesday said the CBR was Rs14 billion ahead of its target upto February 2004 and it was hoped that by the end of the current financial year this increase would possibly cross the figure of Rs18 billion.
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Prices fall sharply on cotton market
KARACHI, March 10: Cotton prices on Wednesday fell sharply partly in sympathy with limit-loss in New York cotton futures and partly to slack mill demand.
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Bearish spell continues on stock market
KARACHI, March 10: The KSE 100-share index on Wednesday fell below the barrier of 4,900 points followed by renewed profit-selling on the blue chip counters triggered by fears of law and order situation
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