8 April 2005	Friday	28 Safar 1426

Please Visit our Sponsor (Ads open in separate window)

Agriculture to grow 5pc this year: PM SHEIKHUPURA, April 7: Prime Minister Shaukat Aziz said here on Thursday that the current growth rate of the agriculture sector would be at least five per cent as against the targeted...		TCP yet to dispose of purchased cotton ISLAMABAD, April 7: The commerce ministry has yet to develop a strategy for the disposal of cotton purchased by the Trading Corporation of Pakistan in the year 2004-05. ...
Banks free to lend more to NBFCs KARACHI, April 7: Non-bank financial companies (NBFCs) including investment banks, leasing companies and modarabas may now find it easier to raise funds from the inter-bank market — thanks to a new...		KSE 100-share index recovers 171 points KARACHI, April 7: Stocks on Thursday resisted fresh fall aided by active short-covering in most of the blue chips under the lead of energy shares and showed good rallies but there...
ECB, BoE keep rates on hold FRANKFURT, April 7: The European Central Bank held its key rates steady at the historically low level of 2.0 per cent for the 22nd month in a row on Thursday as...		Oil price steady on supply concerns LONDON, April 7: World oil prices steadied on Thursday amid scepticism over the ability of refineries to deliver adequate stocks of gasoline during the US summer driving season, as London said...
Presence of Australian firms increases KARACHI, April 7: The presence of Australian companies in Pakistan has surged to 76 from 66 last year and more companies are planning to enter sectors like infrastructure development, engineering, pharmaceuticals,...		Transmission line being installed in Site area KARACHI, April 7: The supply of power to the Site industrial area will become normal following the completion of 132 KV overhead transmission line within next 20 days. The Site area...
Exports to Nigeria KARACHI, April 7: Pakistan’s High Commissioner to Nigeria Ikram K. Fazli suggested on Thursday that Pakistani exporters should enter the Nigerian market in a big way. He said that Nigeria annually...		Listless trading on cotton market KARACHI, April 7: Cotton market on Thursday lacked normal trading interest as both buyers and sellers kept to the sidelines apparently awaiting who will set the ball rolling, brokers said. The...
WLL service KARACHI, April 7: Telecard Limited has commenced GO CDMA wireless local loop telephone service nationwide after receiving commencement certificate from Pakistan Telecommunication Authority (PTA). The company is also in final stages...		Govt to extend importation scheme ISLAMABAD, April 7: The government is likely to further extend the temporary importation scheme allowed under SRO 410 on the persistent demand of importers, well-placed sources said on Thursday. They...
Sell-off process reviewed ISLAMABAD, April 7: The Privatization Commission Board should ensure extending benefits of privatization to maximum possible people particularly the workers and employees of the entities being privatized. Privatization and Investment...		Drawback ISLAMABAD, April 7: The Central Board of Revenue has revised downward the rates of duty drawback on export of two different kinds of items. The new rates will be effective from...
Wheat import plan dropped BANGKOK, April 7: Pakistan has dropped plans to import more wheat after timely rains boosted prospects of a bumper domestic harvest this year, a senior government official said on Thursday. ...		China slams US, EU moves on textile imports BEIJING, April 7: China on Thursday reacted furiously to new measures taken by the European Union and the United States against imports of Chinese textiles, calling the move a potential blow...
Karachi Port operations KARACHI, April 7: Eight ships carrying containers, palm olein and to load cement are due to arrive at the outer anchorage on Friday, according to KPT sources. Berthing activity at the...		Port Qasim KARACHI, April 7: Two container ships were accommodated berths at Qasim International Container Terminal during the last 24 hours, said a PQA press release on Thursday. Berth occupancy remained on higher...