| 26 August 2004 | Thursday | 09 Rajab 1425 |
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Fertilizer units fail to utilize quotas: Additional gas supply
ISLAMABAD, Aug 25: The petroleum ministry has complained that all fertilizer manufacturers except one have not utilized additional gas allocated to them as a special measure early this month for enhancing fertilizer production. ... 
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Urea demand picks up by 7pc in Jan-July
KARACHI, Aug 25: Urea demand during the first seven months of 2004 (January to July) stood at 2.47 million tons, showing an increase of 7 per cent over demand of 2.31 million tons during same time last year. ...
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Investment in NSS falls to Rs247m
KARACHI, Aug 25: Net investment in National Saving Schemes (NSS) fell to just Rs247 million in fiscal year July-June 2003-04 from about Rs136 billion in 2002-03. ...
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Indians for direct trade links with Pakistan
KARACHI, Aug 25: There is an urgent need to open up India-Pakistan border for trade between both the countries which are presently trading through a third country. Both the countries are paying higher freight. ...
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Insurance firms unwilling to offer Takaful
KARACHI, Aug 25: The private general insurance companies are showing their reluctance in introducing Islamic shariah compliance insurance products called "Takaful" for want of support from an Islamic reinsurer. ...
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Rupee gains eight paisa
KARACHI, Aug 25: The rupee on Wednesday made a third straight gain of three paisa against the US dollar in the inter-bank market. On Monday and Tuesday also the rupee had gained two paisa and three paisa, respectively, against the greenback. ...
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Banks, DFIs to have larger capital base
KARACHI, Aug 25: The State Bank said on Wednesday each bank and Development Finance Institution (DFI) was supposed to have minimum paid-up capital of Rs1.5 billion by December 2004 and of Rs2 billion by December 2005. ...
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Ginners to suspend clean cotton drive
RAHIM YAR KHAN, Aug 25: The Pakistan Cotton Ginners Association (PCGA) has decided to suspend the clean cotton drive from this year. The PCGA, which took the decision during its general body meeting here a few days ago ...
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Slow trading on cotton market
KARACHI, Aug 25: Trading activity on the cotton market on Wednesday was relatively slow as ginners and spinners remained locked in a price war amid light ready offtake. ...
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Short-covering averts major fall on stock market
KARACHI, Aug 25: Stocks on Wednesday resisted fresh decline as selected shares came in for active short-covering at the lower levels and finished partially recovered amid light trading. ...
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