02 February 2005	Wednesday	22 Zilhaj 1425

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GDP andinflation to rise by 7pc: Monetary targets revised KARACHI, Feb 1: The National Credit Consultative Council has revised key monetary targets for the current fiscal year anticipating that both GDP and inflation may grow faster than targeted. ...		January cement sales may touch 1.3m tons mark KARACHI, Feb 1: As the figures come rolling out in a couple of days, the market is expecting to see substantial increase in sales of cement during January '05 over both the figures for the same month last year ...
Pakistan, India urged to enhance trade LAHORE, Feb 1: The Confederation of Indian Industry (CII) on Tuesday said it was "ready to help Pakistan boost its exports" to India as well as other parts of the globe. ...		PM, Afghan minister discuss trade ties ISLAMABAD, Feb 1: An economically strong, politically stable and vibrant Afghanistan was not only good for its people, but also for its neighbours and the whole region ...
Oil import bill rises by $514m KARACHI, Feb 1: Pakistan imported $1.87 billion petroleum crude and its products in the first half of this fiscal year, up $514 million or 38 per cent from $1.356 billion import during the same period of last fiscal year. ...		Sugar moves up by Rs3 per kg KARACHI, Feb 1: Consumer took a sigh of relief in the last month as prices of most of the items, except for increase in sugar by Rs three, tomatoes by Rs4 per kg, arhar pulse by Rs2 per kg etc ...
Suzuki, Honda raise car prices KARACHI, Feb 1: Pak Suzuki Motor Company Limited and Honda Atlas Cars have also increased the prices by Rs5,000-15,000 and Rs 39,000-40,000 respectively on their different models from February 1, 2005. ...		Morocco seeks joint venture in textiles KARACHI, Feb 1: Morocco offers immediate potential to the Pakistani textile sector for the export of textile goods worth $1.2 billion to the US and other countries under free trade agreements (FTAs). ...
Firm conditions on cotton market KARACHI, Feb 1: Cotton market on Tuesday maintained firm trend as prices were firmly held at the overnight levels amid light trading mainly confined to fine lots. ...		Stocks recover 122 points on brisk short covering KARACHI, Feb 1: Brisk short-covering in PTCL and OGDC at the lower levels and higher dividend by Fauji Fertiliser and Pakistan Petroleum halted the market's downward drift ...