July 25, 2005	Monday	Jumadi-us-Sani 17, 1426

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Replacing ‘badla’ with margin financing SINCE the stock market meltdown in March this year, SECP has intensified its efforts to prevent excess liquidity from flowing into stock markets because it allows shares being traded at artificial prices...		Pace and pattern of industrialization INDUSTRIALIZATION has started gaining momentum as a consequence of a series of structural reforms and effective...
Competition, not crackdown THE new official policy is not to crack down on profiteers, cartels and monopolists in business dealing in essential goods...		Fodder crop cultivation ALL official statistics are distrusted by design and premeditated approach. But some of ‘facts and figures’ so brazenly contradict incontrovertible facts or make crude deliberate efforts to ignore what does not...
Mobilization of forest resources FORESTS are a valuable source for getting various products and by-products including timber, charcoal, firewood, pulp...		Mites as biocontrol agents MITES, the microscopic creatures have four pairs of legs. These are cosmopolitan in distribution associated with all kinds...
Milk products — beyond the bone health MILK is regarded as a complete food. It contains protein, fat, carbohydrates, all the known vitamins, various minerals and all the food ingredients considered essential for sustaining life and maintaining health....		Creeping consumerism CONSUMERISM is manifested in the purchasing of goods and services, with little care for their true need, durability...
Gushing well water in Thar desert ONE can hardly believe his eyes on seeing water oozing out from the delivery pipe of a drilled well in the shape of a fountain with pressure in a desert and...		Revisiting Wapda’s corporatization WAPDA, being a mega department, has always been in the lime light-more so because it provides electricity...
Unemployment — an indicator of economic imbalance UNEMPLOYMENT is measured by the number of people seeking jobs. The unemployment rate is unemployment as a percentage of the labour force. It is a form of instability in an economy...		The drying up of foreign assistance IN the new up-and-coming global state of affairs, trade has become the prime consideration of the domestic and foreign policies of the nation states....
Greening the urban environment “GEEEN Cities: Plan for the Plant,” the theme for the World Environment Day (June 5, 2005), was most appropriate in today’s urban environments in the fast growing cities....		Major crops outlook after heavy rains THE country is facing abnormal weather conditions. The prolonged low temperature till may delay wheat harvesting...
How to ‘make poverty history’ VERY recently, a part of the world converged on one platform to “make poverty history” for Africa primarily through aid...		Reforms and district uplift programmes SWEEPING changes were carried out in June, 2005 in the Local Government Ordinances, 2001, provoking a national controversy. The ordinances issued by the governors of the provinces were almost identical and...
Limited liquidity affects normal trading at KSE LIQUIDITY problem again limited the normal trading on the Karachi Stock Exchange last week as investors played on both sides of the fence in an apparent effort to keep the wheel moving amid light activity....		Rs36,014m fall recorded in demand and time liabilities AT the auction on July 20, the yield on Treasury Bills remained unchanged. The cut-off yield on the benchmark six-month bills remained at 7.9869 per cent and remained unchanged on three-month and 12 months bills, also....
Euro gains strength in local market THE official rupee-dollar parity fluctuated slightly in the local currency market this week due to the lack of dollar-buying interest. However, downtrend was observed in the rupee-dollar value in the inter-bank...		Commodities enjoy steady conditions THE Karachi wholesale commodity markets lacked normal trading interest last week as retailers were not inclined to make fresh buying at high rates....