February 2, 2006	Thursday	Muharram 3, 1427

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PM wants timely, accurate statistics ISLAMABAD, Feb 1: Prime Minister Shaukat Aziz on Wednesday directed the statistics division to ensure production of timely and accurate statistics to facilitate sound decision-making....		Govt strives for accord on NFC formula KARACHI, Feb 1: Quiet moves are being made to convene a formal or informal meeting of the National Finance Commission (NFC) and to strive for a consensus of the political leadership...
Nine engineering products may get incentives ISLAMABAD, Feb 1: The government has identified nine major engineering products which are likely to be offered additional incentives and concessions in order to substantially enhance their exports....		WPI up by 11pc in 6 months KARACHI, Feb 1: During the first half (July-Dec) of the current fiscal year 2005-06, inflation measured by the wholesale price index (WPI) went up by 11 per cent....
Stock market undergoes mild correction KARACHI, Feb 1: After initial run-up on active dividend-related support on Tuesday, stocks later came in for fresh selling and finished further lower barring leading bank and cement shares....		Dullness prevails on cotton market KARACHI, Feb 1: Physical activity on the cotton market on Wednesday failed to pick up as spinners remained conspicuous by their absence apparently awaiting some positive developments on the export front....
Companies’ results pouring in KARACHI, Feb 1: As the results announcement season is in full bloom, more than a dozen companies have unveiled financial figures in the last two days: Fertilizer sector has completed the...		SBP’s advice on re-pricing of loans by banks KARACHI, Feb 1: State Bank of Pakistan has taken notice of the banks using longer tenor benchmark rate for shorter tenor loans and advised them to follow the rules....
Onion, potato, sugar prices up KARACHI, Feb 1: Consumers are paying higher prices to buy onion, potato, sugar, etc. This, however, was compensated to an extent by stability in prices of pulses and some vegetables and a major drop in poultry products’ rates....		Setting up of TDAP draws resistance ISLAMABAD, Feb 1: The prime minister’s decision to establish Trade Development Authority of Pakistan (TDAP) in place of the Export Promotion Bureau (EPB) is facing stiff resistance from the officers and...
Talent moot KARACHI, Feb 1: An international talent management conference with a theme ’discovering the organizational human fortune’ will be held in Karachi on Feb 23. Speakers from Australia, UAE, Sri Lanka and...		Trade with Kyrgyzstan KARACHI, Feb 1: President of the Karachi Chamber of Commerce and Industry Haroon Farooki has called for efforts to explore opportunities for expansion of trade between Pakistan and Kyrgyzstan Republic....
PSO ratings maintained LAHORE, Feb 1: The Pakistan Credit Rating Agency (Pacra) has maintained the long-term and short-term entity ratings of the Pakistan State Oil (PSO) at “AAA” (triple A) and “A1+” (single A one plus)....		Karachi Port operations KARACHI, Feb 1: Four ships carrying soyabean meal, crude oil and containers are due to arrive at the outer anchorage on Thursday, according to KPT sources....