March, 22 2005	Tuesday	11 Safar 1426

Please Visit our Sponsor (Ads open in separate window)

Impact of food, POL prices on inflation: SBP report released KARACHI, March 21: The State Bank’s second quarterly report released on Monday has established a link between increase in petroleum prices and soaring inflation. Quoting data from the Federal Bureau of...		Fear of market collapse ruled out KARACHI, March 21: Many analysts and most players at the Karachi Stock Exchange still believe it to be a major correction. They dispel investors’ fear of an imminent collapse of the...
New oil pricing formula shortly ISLAMABAD, March 21: The federal government is expected to change the oil pricing formula shortly to reduce the consumer prices of petroleum products by 65-90 paisa per litre, it is learnt....		Unemployment rate declines to 7.7 per cent KARACHI, March 21: The national unemployment rate has come down from 8.3 per cent in 01-02 to 7.7 per cent in 02-03 but employment opportunities in Sindh and Balochistan has shrunk...
Fiscal deficit up by 136pc in July-Dec 2004 KARACHI, March 21: The State Bank says that fiscal deficit during the first half of the current fiscal year rose by Rs79.6 billion or 136 per cent year on year. It...		Petroleum products import may decline KARACHI, March 21: The State Bank has predicted that imports of petroleum products are expected to decline somewhat in the second half of 2004-05. Not only are international oil prices expected...
Please Visit our Sponsor (Ads open in separate window)
Draft initial offers ready: Foreign service providers ISLAMABAD, March 21: The ministry of commerce in consultation with federal secretaries has finalized a draft of Pakistan’s initial offers to be submitted to the World Trade Organization (WTO) in due...		PPIB to take up new power projects ISLAMABAD, March 21: The Private Power and Infrastructure Board (PPIB) will consider proposals of various power projects to be set up in Punjab and Sindh by the local and foreign investors...
Rules for opening bank branches abroad KARACHI, March 21: The State Bank has asked all banks incorporated in Pakistan to follow a set of guidelines issued on Monday along with some other guidelines contained in its Branch...		External account deficit at $1.2bn KARACHI, March 21: Pakistan recorded a large external account deficit of $1.2 billion in the first half of this fiscal year i.e. during July-December 2004, according to the State Bank’s second...
Index sheds 401 points on Balochistan unrest KARACHI, March 21: Stocks on Monday resumed trading on a terribly bearish note as leading bulls continued to liquidate long positions amid fresh panic selling by all and sundry followed by...		Active buying on cotton market KARACHI, March 21: Cotton prices on Monday eased modestly from the weekend levels as some of the ginners offered to sell odd lots held by them at much cheaper rates. Fine...
Karachi Port operations KARACHI, March 21: Five ships carrying containers and soyabean meal are due to arrive at the outer anchorage on Tuesday, according to KPT sources. Berthing activity at the wharves was active...		Port Qasim KARACHI, March 21: Brisk cargo handling activity was observed at the port where a total tonnage of 99,124 tons comprising 80,594 tons of import and 18,530 tons of export tonnage was...