GDP growth may exceed 6.6 per cent target
KARACHI, Dec 3: Pakistan expects to meet or exceed the growth target of 6.6 per cent, and inflation would be at single digit this year, said Prime Minister Shaukat Aziz at the Top Companies Awards-2002& 2003 ceremony
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10 to 25 years energy perspective under way
KARACHI, Dec 3: Prime Minister Shaukat Aziz on Friday said that he had asked the Planning Commission to come up with a 10 to 25 years energy perspective of Pakistan.
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Pakistani rice has access to Chinese market
KARACHI, Dec 3: Pakistani rice will soon find a place in Chinese market as Beijing is reported to have given consent to include it in the list of about 777 odd items that are being given preferential treatment.
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India asked to remove tariff barriers
ISLAMABAD, Dec 3: Pakistan and other members of Saarc have strongly urged India to remove unnecessary tariff barriers; otherwise there is absolutely no hope for improved trade and business environment in the region.
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Pakistan to discuss gas project with Iran in Jan
KARACHI, Dec 3: Federal Minister for Petroleum Amanullah Khan Jadoon has said that Pakistan is making all out efforts to make the gas pipeline project from Iran to India a success.
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PTCL earning lifts rupee
KARACHI, Dec 3: The rupee, on Friday, shot up to 59.47 a US dollar in the inter bank market from 59.59 on Thursday, showing a gain of 12 paisa or 0.2 per cent in a single session.
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Royalties on oil, gas earn Rs29bn
ISLAMABAD, Dec 3: The federal government has collected Rs29 billion revenue on account of surcharge and royalties on oil and gas and defence earnings during the first quarter of the current fiscal year
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New cars import fails to address premium issue
KARACHI, Dec 3: The clearance of over 700 cars under the gift and transfer of residence scheme (TRS) during July-November 2004 from ports has not made any major impact on the market as majority of cars
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Changes in quota policy hit genuine exporters
KARACHI, Dec 3: Frequent changes in quota policy by the Export Promotion Bureau to face the US embargo on some fast running categories have deprived genuine exporters of their own quotas.
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US creates only 112,000 jobs in Nov
WASHINGTON, Dec 3: A weaker-than-anticipated report on the US labour market on Friday, showing just 112,000 jobs added in November, disappointed some but confirms a still-sluggish pace of US economic growth, analysts said.
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Prices remain steady on cotton market
KARACHI, Dec 3: Lint prices on Friday stayed stable around the overnight levels as both ginners and spinners awaited the release of phutti arrival figures for the fortnight ended Nov 30, 2004.
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Stocks recover 25 points on active short-covering
KARACHI, Dec 3: A snap weekend rally put the market back on the rails on Friday amid an actively traded session but opinions about its future outlook were divided owing to the presence of some psychological depressants
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