| 13 April 2004 | Tuesday | 22 Safar 1425 |
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Body to investigate crimes on cards: Banking sector
ISLAMABAD, April 12: A new organization with the mandate to investigate exclusively the banking sector crimes is on the anvil for which a draft law has been submitted to the government for approval. ... 
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Crucial NFC moot today
KARACHI, April 12: Will the governors and chief ministers of the four provinces change their positions on resource distribution formula after their scheduled meeting with President Musharraf on Tuesday in Islamabad? ...
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EU agrees to review duty on bedlinen, Senate told
ISLAMABAD, April 12: The government told the Senate on Monday that the European Union had agreed to review its decision to impose a 13.1 per cent anti-dumping duty on Pakistani bedlinen. ...
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Dealers accuse assemblers of holding Rs50bn: Booking of cars
ISLAMABAD, April 12: Motor dealers on Monday alleged that car assemblers were currently holding over Rs50 billion through booking of cars but would not be able to clear their current orders for over 18 months. ...
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Inflation belittles low interest rates
KARACHI, April 12: Consumer inflation or inflation measured by the Consumer Price Index shot up 5.33 per cent year-on-year during the last month belittling the benefits of the low interest rates. ...
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Indian envoy for enhancing trade with Pakistan
PESHAWAR, April 12: The Indian high commissioner to Pakistan, Mr Shiv Shankar Menon on Monday said that the most favoured nation (MFN) status and South Asia Free Trade Area (Safta) agreement can be vital means to raise the volume of trade between India and Pakistan. ...
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Hedge trading in cotton opposed
MULTAN, April 12: Pakistan cotton ginners association has urged the government to turn down all efforts of some 'vested interests' who want to reopen hedge trading in cotton market of the country. ...
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Consumer index up by 3.70pc in July-March
ISLAMABAD, April 12: The Consumer Price Index recorded the highest increase of 3.70 per cent during the period July- March, 2003-04, as compared to the corresponding period of previous two years. ...
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Paper sack units seek protection
ISLAMABAD, April 12: National Tariff Commission chairman Dr Faizullah Khilji, while chairing a public hearing for tariff protection here on Monday, advised the local industry to learn to survive in an environment increasingly less protective. ...
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SECP may set up corporate ombudsman
ISLAMABAD, April 12: The Securities and Exchange Commission of Pakistan may set up a "corporate ombudsman" as part of its administrative structure to protect people from the abuse of power, negligence or mismanagement. ...
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Spinners and exporters cover forward position
KARACHI, April 12: Active trading was witnessed on the cotton market on Monday after several lean sessions as both spinners and exporters covered their forward positions. ...
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KSE 100-share index breaks 5,400-point barrier
KARACHI, April 12: Trading on the Karachi bourse on Monday resumed on a bullish note as investors made fresh heavy covering purchases under the lead of financial institutions amid brisk trading. ...
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