| 28 April 2004 | Wednesday | 07 Rabi-ul-Awwal 1425 |
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Sindh sticks to 'multiple factors': NFC formula
KARACHI, April 27: The Sindh Finance Minister Syed Sardar Ahmad on Tuesday declared in clear terms that his government did not recognise in any way the "six or seven options" offered by the federal government for a consensus agreement of all the provinces on resources distribution. ... 
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Import duty on lab equipment may go
ISLAMABAD, April 27: The government is likely to remove 10 per cent duty on the import of laboratory equipment, plant and machinery, used by the pharmaceutical industry in the next budget. Official sources told Dawn that the existing 10 per cent import duty on raw material ...
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Revenue collection stands at Rs353bn
ISLAMABAD, April 27: The revenue collection has declined by 8.97 per cent to Rs39.958 billion during the month of March 2004 against the month's budgeted target of Rs43.9 billion. ...
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State Bank blocks rise in treasury bills rate
KARACHI, April 27: After making way for a modest increase in treasury bills yields in the past few auctions, the State Bank is now jealously guarding against a further rise ahead of the 2004- 05 budget. ...
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Pakistan for check on illegal money transfer
NEW YORK, April 27: Pakistan has called upon the developed countries to take an effective steps aimed at curbing the illegitimate flight of capital from developing countries to theirs. ...
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EU expansion: compensation claimed
ISLAMABAD, April 27: Pakistan has filed a provisional claim in the World Trade Organization (WTO) for seeking compensation to cover possible losses to be incurred due to the joining of 10 new countries in the European Union (EU) club by May 1, 2004. ...
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Trade policy review
ISLAMABAD, April 27: The Board-in-Council (BIC) will review on Wednesday the progress of the implementation status of trade policy 2003-04 during the last eight months. ...
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Pakistan State Oil
KARACHI, April 27: On Tuesday morning, Pakistan State Oil (PSO) announced financial figures for the third quarter ended March 31, 2004. The company posted after tax profit amounting to Rs897 million for 3QF04 and Rs3.02 billion for nine-months July-March 2003-04. ...
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SBP advice on loan settlements
KARACHI, April 27: Banks should not enter into any agreement with the borrowers in the cases that have already been referred to National Accountability Bureau without first obtaining permission from NAB. ...
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Americans have $1bn investment
KARACHI, April 27: US Consul General in Karachi Douglas C. Rohn said on Tuesday that American business community's investment in Pakistan is over $1 billion. ...
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Active buying on cotton market
KARACHI, April 27: Cotton market on Tuesday showed firm trend as spinners were not inclined to take even a technical pause and lifted all the lots offered by the ginners at the higher asking prices. ...
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Unloading in energy sector clips gain on stock market
KARACHI, April 27: Stocks on Tuesday failed to extend the early run-up as follow-up support turned shy in the absence of fresh guiding factors and heavy unloading in the energy sector, notably Hub-Power. ...
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