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| September 03, 2006 | Sunday | Sha'aban 9, 1427 |
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Political uncertainty puts many economic schemes on hold
KARACHI, Sept 2: A lull seems to have set in the functioning of the government at all levels in last ten weeks or so following in quick succession a few landmark events in Pakistan’s history.... 
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KSE-30 index to overshadow KSE-100
KARACHI, Sept 2: Now that the KSE-30 index was born on Friday, most market participants hope that it will grow up to overshadow the KSE-100 index. But cynics think otherwise....
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City govt asks traders to submit price lists: Fixing of rates for Ramazan
KARACHI, Sept 2: The City government has asked the retailers and wholesalers of various essential items to provide the last three months’ price list so that it could help in the fixing of prices for Ramazan....
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Sindh allows two new sugar mills
KARACHI, Sept 2: The Sindh government has sanctioned two new sugar mills to be set up at Ghotki and Nausharoferoze. This will take the number of mills in the province to 34, including two sick mills at Thatta and Dadu....
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NWFP fails to utilise soft loans for ADP
PESHAWAR, Sept 2: The project executing agencies of the NWFP province kept showing dismal performance after they failed to utilise over Rs4.4 billion under the foreign project assistance component of the...
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Two-stream structure for taxes proposed
ISLAMABAD, Sept 2: The Central Board of Revenue has proposed new two-stream structure for taxes -– Inland Revenue Service (IRS) and Pakistan Customs Service (PSS) -- by reducing the number of federal tax authorities as part of tax reforms....
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Financing under CFS rises to Rs23.6bn
KARACHI, Sept 2: The share financing under the CFS on the Karachi Stock Exchange last week showed a sharp increase as a section of investors covered positions on selected counters in a rising market....
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BD export shipments suspended
CHITTAGONG, Sept 2: Bangladesh''s trade shipments ground to a virtual halt on Saturday as shipping companies refused to use the nation''s main port in a protest over container fees....
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Awards for leading taxpayers
KARACHI, Sept 2: The Large Taxpayer Unit (LTU) Karachi has presented first-ever awards to leading taxpayers from 17 sectors in the country....
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Lint prices stay firm on active buying
KARACHI, Sept 2: Cotton market on Saturday maintained firm outlook as reports of damage to crop continued to haunt spinners and mills some of them are indulging in panic-buying....
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Iran sees $2bn Japan oil deal in two weeks
TEHRAN, Sept 2: Iran expects a $2 billion deal with Japan to develop its Azadegan oilfield to be finalised in the next two weeks after differences were overcome, a top energy official said on Saturday....
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BD eyes $15bn textile exports by 2011
DHAKA, Sept 2: Bangladesh manufacturers forecast on Saturday that textile exports would double to more than $15 billion in five years as the country profits from a quota-free global trade regime....
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Soyabean oil base prices increased
NEW DELHI, Sept 2: India raised the base import price of crude soyabean oil on Saturday by $7 to $579 a ton but left the base prices of palm oils unchanged, a government statement said....
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Poultry rates
KARACHI, Sept 2: Following are Sunday’s poultry rates....
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Crude oil prices tumble, metals shine
LONDON, Sept 2: Crude futures tumbled this week as supply fears eased in the United States, though there were some strong gains for metals prices, notably silver....
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Moscow overtakes Riyadh in crude production
RIYADH, Sept 2: Moscow has overtaken Riyadh, for present at least, in crude production. Opec figures are confirming. A new equation seems to be emerging in the oil markets....
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RBI sees inflation contained at 5-5.5pc
HYDERABAD, Sept 2: India''s headline inflation will be contained in a range of 5.0-5.5 per cent in the financial year to March 2007, its central bank governor said on Saturday....
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India lays out plan to freer rupee convertibility
NEW DELHI, Sept 2: India should make the rupee more freely convertible over the next five years to realise the country’s `maximum’ economic potential, a central bank committee has urged....
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