| 29 September 2004 | Wednesday | 13 Shaban 1425 |
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National Savings to be made corporation: Draft law finalized
ISLAMABAD, Sept 28: The ministry of finance has finalized a draft law to convert the Central Directorate of National Savings (CDNS) into an autonomous corporation. ... 
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TCP to borrow Rs13bn from five banks: Wheat import continues
KARACHI, Sept 28: Trading Corporation of Pakistan or TCP is borrowing money from five major commercial banks at a market-based rate for financing import of wheat, using Karachi inter-bank offered rate or KIBOR as the benchmark. ...
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Govt borrowed Rs32.8bn in July
KARACHI, Sept 28: The federal and provincial governments borrowed Rs32.8 billion from the banking system in July 2004, the first month of this fiscal year, against the full year target of Rs45 billion. ...
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Rupee down six paisa
KARACHI, Sept 28: The rupee lost six paisa in the inter-bank market on Tuesday to close at 59.20 a US dollar, down from 59.14 on Monday. Senior bankers said the central bank did not intervene in the market to lift the rupee. ...
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Another insider trading case for SECP: 10pc rise in PTCL share
KARACHI, Sept 28: In the last two sessions of the previous week (Thursday & Friday), the price in the Pakistan Telecommunication Company Limited (PTCL) stock shot up by Rs3.85, which was an incredible rise of 10 per cent ...
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LPG price raised by 62pc in nine months
KARACHI, Sept 28: Producers of liquefied petroleum gas (LPG) have increased the price of LPG by 62 per cent in nine months from January to September 2004 in contrast to meagre increase in prices of petroleum products. ...
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Afghan trade team due today
ISLAMABAD, Sept 28: An Afghan trade delegation is arriving here on Wednesday to start negotiations with Pakistani authorities for the withdrawal of infrastructure cess levied by the Sindh government on goods imported under Afghan Transit Trade (ATT). ...
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Humayun woos US investors
WASHINGTON, Sept 28: Federal Commerce Minister Humayun Akhtar Khan, who arrived here Monday from New York on a week-long visit said that Pakistan offers lucrative investment and trade opportunities ...
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Sugarcane crushing from Oct 15
KARACHI, Sept 28: Sindh Chief Minister Dr Arbab Ghulam Rahim on Tuesday announced that sugarcane crushing would start from October 15. ...
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Returns: office hours extended
KARACHI, Sept 28: All the income tax offices will remain open beyond their official working hours during the last two days i.e. Sept 29 and 30 to receive income tax returns. ...
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Growers selling stocks below official price
KARACHI, Sept 28: The cotton market on Tuesday remained under pressure throughout the session amid reports of steady arrivals of phutti into ginneries and panic selling by the growers. ...
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Late profit selling clips gains on stock market
KARACHI, Sept 28: Stocks on Tuesday suffered mild pruning at the higher levels under the lead of PTCL but underlying sentiment remained uppishly inclined thanks to active buying at the dips. ...
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