| 21 April 2004 | Wednesday | 30 Safar 1425 |
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Govt plans to convert NSS into mutual fund
ISLAMABAD, April 20: The government plans to convert National Savings Scheme (NSS) into a mutual fund to provide market-based returns to millions of its account and certificate holders. ... 
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Disposal body to take stock of wheat situation: Meeting on 24th
KARACHI, April 20: The looming wheat crisis over Sindh will dominate the proceedings of the wheat disposal committee meeting in Islamabad on April 24. ...
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Pakistan swaps fixed Eurobond to floating rates
ISLAMABAD, April 20: Pakistan has swapped its recent $500 million Eurobond from fixed to floating rates, which marks the country's first-ever government deal in the international derivatives market. ...
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430 foreign exhibitors to participate: IGATEX 2004
KARACHI, April 20: Over 430 textile and garment machinery manufacturers from 29 countries and 70 local companies are participating in four-day International Garment and Textile Machinery (IGATEX 2004) exhibition being held from April 21-24, at Karachi Expo Centre. ...
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Steps needed to avoid pesticides' shortage Cotton sowing begins
MULTAN, April 20: Cotton sowing in Punjab is round the corner while in Sindh it has already been started but a lot is yet needed to be done on the front of pesticides ...
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S. Asian economy to grow 7.2pc: World Bank
ISLAMABAD, April 20: South Asia's GDP is bound to grow 7.2 per cent in 2004 owing to many reasons, including improved relations between India and Pakistan. ...
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11 labs to be upgraded to ensure standards
ISLAMABAD, April 20: The government has decided to upgrade 11 laboratories for ensuring quality and standards of Pakistani products to compete in international markets. ...
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SBP sucks in Rs5.5bn from inter-bank market
KARACHI, April 20: The State Bank on Tuesday drained out Rs5.5 billion from the banking system for one week through repo sale of treasury bills at 1.25 per cent. ...
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AHSL earns Rs1.3bn profit in 9 months
KARACHI, April 20: Arif Habib Securities Limited (AHSL) made an after tax profit of Rs1,306 million in the nine months to end March, 2004. Taxed profit was three times the earnings of Rs431 million in the corresponding period of the previous year. ...
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GDP growth projected at 8pc by 2007-08
ISLAMABAD, April 20: Pakistan has officially revised upward its future growth projections that now aim at achieving a formidable eight per cent GDP growth rate by 2007-08, says a senior government official. ...
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Ready offtake remains light on cotton market
KARACHI, April 20: The cotton market on Tuesday ruled steady but ready offtake remained light as spinners are extending guarded support hoping decline in prices. But lower-than-market arrival figures for the fortnight ended April 15 ...
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Buying at dips restricts fall on stock market
KARACHI, April 20: Stocks on Tuesday suffered a mild correction as a section of investors took profits at the inflated levels but the underlying sentiment remained uppishly inclined thanks to ready absorption of all the selling offers at the dips. ...
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