Pakistan to set up three power projects: Bidding next month
ISLAMABAD, Dec 10: Pakistan has decided to start next month the international competitive bidding (ICB) for the setting up of three thermal power projects with a total capacity of 1,400 mw to overcome increasing power shortages
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Govt asked to reduce OMCs' margin: Impact of high oil prices
ISLAMABAD, Dec 10: The Planning Commission and Financial Advisors' Organization (FAO) have asked the government to reduce distribution margin of the oil marketing companies and dealers' commission on petroleum products
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China will be persuaded to cut tariff: Thar coal power project
ISLAMABAD, Dec 10: The Economic Coordination Committee (ECC) of the cabinet on Thursday authorized Prime Minister Shaukat Aziz to persuade Chinese leadership during his visit to Beijing
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Unctad-ITC to give technical training: WTO requirements
KARACHI, Dec 10: The United Nations Conference on Trade and Development (Unctad) and International Trade Centre (ITC) have joined hands to provide technical assistance to the developing countries
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Egyptian duty on matches to be challenged
ISLAMABAD, Dec 10: The government has decided to challenge the decision of Egyptian Investigation Authority (EIA) to levy 29 per cent duty on Pakistani matches in the dispute settlement body (DSB) of WTO.
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Talks with foreign firms under way: Sindh coal mining
KARACHI, Dec 10: Provincial Minister for Mines and Mineral Development Irfanullah Khan Marwat has that talks are being held with five foreign companies regarding use of coal reserves in Sindh.
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Carpet exports decline in Nov
LAHORE, Dec 10: Carpet exports showing an upward trend during the past few months declined sharply in November both in terms of value and volume. The exports declined by 37 per cent in Dollar terms
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Dollar gains on good US economic data
NEW YORK, Dec 10: The dollar rose on Friday as strong US economic data gave a fundamental underpinning to a technical rally built on traders' desire to tap into profits after riding months of euro gains against the US currency.
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Active lint buying on TCP export plan
KARACHI, Dec 10: Physical activity on the cotton market on Friday expanded modestly as spinners made active covering purchases at the prevailing rates amid fears of pressure on ready supplies.
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Profit selling sets in on stock market
KARACHI, Dec 10: The bull-run on the stock market was halted on Friday as stocks finished the weekend session on an easy note followed by active profit-selling by investors at the inflated levels in a terribly overbought market.
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