| 18 May 2004 | Tuesday | 27 Rabi-ul-Awwal 1425 |
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Sindh govt examining legal options: Resources distribution
KARACHI, May 17: Sindh is examining legal and constitutional options in case the National Finance Commission fails to reach any consensus on resources distribution and the federal government decides ... 
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SPI increases by 0.52pc
ISLAMABAD, May 17: The inflation, in terms of Sensitive Price Indicator, passed into double digit figure of 10.35 per cent during the week ending May 13, 2004 over the past year as a result of increase of 0.52 per cent over the previous week. ...
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Inflation to move further up
KARACHI, May 17: The private sector received an all-time large bank credit of about Rs259 billion in 11 months to May 2004 - more than three times the target of Rs85 billion set for fiscal year July/June 2003/04. ...
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Total budget outlay estimated at Rs1trn
ISLAMABAD, May 17: The government is estimating a Rs1,000 billion (Rs1 trillion) federal budget for fiscal year 2004-05, up by around 23 per cent from current fiscal's budget estimate of Rs813 billion. ...
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PTA against inclusion of tea in ATT list
KARACHI, May 17: The government's decision to include black tea in the Afghan Transit Trade (ATT) list two months back has started making an impact as 345 containers of Kenyan black tea weighing 5.17 million kgs find way into Pakistani market via Bara in April. ...
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SBP to sell Rs30bn PIBs in June
KARACHI, May 17: The State Bank will sell Rs30 billion worth of 15-year and 20-year Pakistan Investment Bonds on June 9, 2004. Head of Treasury of SBP Zafar M. Shaikh informed primary dealers or the banks ...
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LCCI for measures to check smuggling
LAHORE, May 17: The Lahore Chamber of Commerce and Industry has urged Islamabad to approach the Afghan government to bring it home to Kabul to take tariff measures to control smuggling, under-invoicing ...
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GDP likely to grow by over 6pc this fiscal
ISLAMABAD, May 17: Pakistan is expecting to achieve a GDP growth rate of 6.3 per cent during the current fiscal year against its budgeted target of 5.3 per cent, Dawn has learnt. ...
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Trading picks up on cotton market
KARACHI, May 17: Physical trading on the cotton market on Monday modestly picked up as a section of spinners resumed covering purchases after the release of final crop figures by the Pakistan Cotton Ginners Association (PCGA). ...
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Stocks fail to extend rally, lose 42 points
KARACHI, May 17: Stocks on Monday failed to extended the weekend rally as follow-up support turned shy in the absence of leading investors who remained busy with the Bank Al-Falah issue ...
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