PM's address to focus on five areas
KARACHI, Nov 18: Prime Minister Shaukat Aziz's much-awaited address to the nation on Friday, as he approaches the 100th day in the coveted office, would focus on (1) employment generation
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Trade gap widens by 248pc
KARACHI, Nov 18: Trade data released by the Federal Bureau of Statistics (FBS) for the month of October shows that trade deficit is continuing to expand. It has increased 248pc year-on-year and 121pc month-on-month.
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Private sector gets board's membership: Textile City
KARACHI, Nov 18: The government has removed three federal secretaries from the board of directors of the Textile City in Karachi and has replaced them with representatives from the private sector.
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India seeks talks on gas pipeline
NEW DELHI, Nov 18: The Indian government has revived the idea of a gas pipeline linking the country with Pakistan, Bangladesh and Iran, but analysts remained sceptical, saying the mutual distrust between Pakistan and India made success unlikely.
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Premium on new cars on rise
LAHORE, Nov 18: Premiums being charged on the purchase of new cars in the provincial capital soared further when the market opened on Thursday after Eidul Fitr holidays.
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Venture capital fund for SMEs
LAHORE, Nov 18: The Working Committee on Finance, formed by the National SME Development Task Force, has proposed the establishment of a venture capital fund to encourage new SMEs in the country.
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Chicken price surges to Rs82
KARACHI, Nov 18: Price of poultry live bird has surged to Rs82 from Rs62 per kg soon after Eid. As a result, the rate of its meat is now being quoted at Rs130 as compared to Rs110 per kg.
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Ratings of FWBL upgraded
KARACHI, Nov 18: The Pakistan Credit Rating Agency (PACRA) has upgraded the long and short term credit ratings of First Women Bank Limited to "AA" (Double A) and "A1+" (A One Plus), respectively.
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Cotton market rules firm
KARACHI, Nov 18: Trading on the cotton market resumed on a firm note after eid holidays as pent-up mill demand figured prominently at the current levels.
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Stocks cross 5,500-point barrier on sell-off news
KARACHI, Nov 18: The KSE 100-share index on Thursday confidently breached through the psychological barrier of 5,500 points, signalling its upward march would continue in the coming sessions also on the strength of privatization news.
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