March 28, 2006	Tuesday	Safar 27, 1427

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Cement price up by Rs50 amid fears of crisis KARACHI, March 27: While consumers are paying Rs50 more on a 50 kg cement bag, cement makers and dealers trade charges for jacking up the rates....		Banks recover 82pc farm loans KARACHI, March 27: During the current fiscal year, banks are making faster recovery of agricultural loans as they are making loans more prudently and employing better techniques of credit recovery....
Heavy withdrawals from NSS KARACHI, March 27: Low return on National Saving Schemes has widely discouraged investors as they have started withdrawing their savings from most of the schemes except the widows’ Bahbood scheme....		OGDC symbolizes ‘buy on rumour sell on news’ KARACHI, March 27: The rise and fall of the price of share in Oil and Gas Development Company Limited (OGDC) during last week and on Monday symbolized what could be construed...
KSE 100-share index declines by 57.47 points KARACHI, March 27: Active profit-selling in OGDC triggered by reports of an increase in its wellhead gas prices by the Oil and Gas Regulatory Authority (Ogra) drove the entire market into...		Modest trading on cotton market KARACHI, March 27: Trading activity on the cotton market on Monday remained modest as spinners lifted only those lots which were offered below Rs2,500 per maund by ginners....
Credit Suisse targets Pakistan HONG KONG, March 27: Credit Suisse is pursuing new opportunities in Vietnam and Pakistan while it keeps up its search for a securities joint venture partner in China, its top Asia Pacific executive said on Monday....		Probe into dumping of ceramic tiles ISLAMABAD, March 27: The National Tariff Commission (NTC) on Monday initiated an anti-dumping investigation into alleged dumping of ceramic tiles in Pakistan by exporters from China....
43 marble units start production KARACHI, March 27: As many as 43 marble units started production during the last six months while 33 units are in the last stage of completion at the Marble City developed on 100 acres of land....		State Bank sucks in Rs6bn KARACHI, March 27: State Bank on Monday mopped up Rs6 billion from the inter-bank market but the rates remained in moderate range. The money market was slightly liquid during the day...
Petrol pumps’ strike KARACHI, March 27: As many as 11,000 petrol pumps across the country will observe a one-day token strike on March 29 to protest against the reduction in their commission margin by 20 per cent by the government....		Greenback falls again below Rs60 KARACHI, March 27: Rising inflows of US dollars once again pushed the greenback below Rs60 in the inter-bank market on Monday. Currency dealers said that the rupee gained 3 to 5...
Pakistan, Lesotho to boost trade relations ISLAMABAD, March 27: Commerce Minister Humayun Akhtar Khan on Monday invited the trade minister of Lesotho to visit Pakistan in the near future to explore opportunities of trade and investment between the two countries....		Indian tea exports KOLKATA, March 27: Tea exports from India, the world’s largest producer, fell 29 per cent in January to 11.17 million kg from 15.83 million kg in the same month a year ago, the state-run Tea Board said on Monday....
Oil prices fall LONDON, March 27: World crude oil prices dropped on Monday after Nigerian separatist guerrillas had released three kidnapped oil workers, analysts said. However oil prices remained above $64 per barrel in...		ITBAK president KARACHI, March 27: Ali A. Rahim and Syed Rehan Hasan Jafri have been elected as president and general secretary of the Income Tax Bar Association Karachi (ITBAK) for the year 2006, respectively....
Karachi Port operations KARACHI, March 27: A record number of vessels sailed out from the port after unloading and loading cargoes on Monday, according to KPT sources. Never before in the KPT history about...		Port Qasim KARACHI, March 27: Two container ships were berthed at QICT during the last 24 hours, said a PQA press release on Monday. Meanwhile, one more ship carrying edible oil also arrived at the outer anchorage....
Asian stocks close higher HONG KONG, March 27: Asian stocks closed higher on Monday with Australia, New Zealand and India heading into uncharted territory after closing at record highs, dealers said....		Palm oil lower KUALA LUMPUR, March 27: Malaysian crude palm oil futures ended flat on Monday, held back by weaker-than-expected export data for the first 25 days of March, traders said....
Karachi market rates KARACHI, March 27: The following were Monday’s commodity market rates in rupees....		Gold up LONDON, March 27: Silver reached a new 22-year peak on Monday on persistent hopes that a proposed exchange-traded fund will prompt significant demand for the precious metal....