| 13 August 2004 | Friday | 26 Jamadi-us-Saani 1425 |
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Inflation soars to 9.33pc in July
KARACHI, Aug 12: Consumer inflation i.e. inflation measured by Consumer Price Index rose by 9.33 per cent in July 2004 over July 2003 up from 8.45 per cent in June 2004. ... 
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Allocation criterion irks exporters: Textile quota
KARACHI, Aug 12: Exporters have criticized the Export Promotion Bureau for allocating the textile quota on 'first-come-first- served (FCFS) basis' for shipments starting from August 15. ...
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Import bill goes up by 37.24pc in July
ISLAMABAD, Aug 12: Growth in the imports of five major groups raised the import bill by 37.24 per cent to $1.372 billion during the first month of 2004-05 as against $0.999 billion during the same month of last year. ...
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Inflation to come down: Ishrat
KARACHI, Aug 12: The Governor, State Bank Dr Ishrat Husain on Thursday said inflation rate will come down in the country with correction in oil and wheat prices and the central bank will not revise its prediction of 5pc inflation during the year 2004-05. ...
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Pakistan among six seen ruling cotton trade
GOLD COAST, Aug 12: Six countries will control the global cotton industry within 10 years, with Brazil rising to be the third biggest exporter, leading cotton merchant Bill Dunavant said on Thursday. ...
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Corporate report awards
KARACHI, Aug 12: The joint committee of the Institute of Chartered Accountants of Pakistan (ICAP), Institute of Cost and Management Accountants of Pakistan (ICMAP) Thursday announced the final results for Best Corporate Report Awards 2003. ...
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Rupee gains 10 paisa against dollar
KARACHI, Aug 12: The rupee on Thursday gained 10 paisa against the US dollar to close at 58.79 from 58.89 on Wednesday as some leading importers delayed forward buyings hoping that the rupee would rise further. ...
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Dumping duty imposed on Uzbek acrylic tow
ISLAMABAD, Aug 12: National Tariff Commission (NTC) has imposed provisional anti-dumping duty on acrylic tow imported from Uzbekistan at the rate of 12.71 per cent ad val of C&F price for a period of four months. ...
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Indonesian envoy for increased trade ties
KARACHI, Aug 12: Indonesian Consul General Entjim Herrianto has stressed the need to work jointly for increasing the trade volume between the two countries and suggested that Pakistani businessmen should make more efforts to increase and diversify exports to Indonesia. ...
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Drawback rates lowered
ISLAMABAD, Aug 12: The Central Board of Revenue has revised downward the rate of duty drawback on export of polyester fusible interlining woven. The new rate will be effective from August 12, said a customs notification issued on Thursday. ...
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Lint prices ease on hasty selling
KARACHI, Aug 12: Cotton prices on Thursday eased from the current higher levels as ginners indulged in hasty selling followed by reports of steady arrivals of phutti into the lower Sindh ginneries. ...
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Bearish spell continues on stock market
KARACHI, Aug 12: Stocks on Thursday fell further on a wide front as investors were not inclined to take fresh positions at the lower levels despite higher corporate profits and sustained growth recorded by some of the leading banks. ...
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