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| October 11, 2006 | Wednesday | Ramazan 17, 1427 |
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Growth in car sales slowing down
KARACHI, Oct 10: Sales of locally-assembled cars surged by 10 per cent to 40,044 units during the first quarter of this fiscal year as compared to 36,242 units the same period... 
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CBR expects to receive 1.75 million tax returns
ISLAMABAD, Oct 10: The Central Board of Revenue expects to receive 1.75 million income tax returns by the end of the current fiscal year out of 2.28...
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Four firms announce results
KARACHI, Oct 10: The corporate results announced on Tuesday included those of Faysal Bank; Telecard; Attock Petroleum; Pakistan Cement Company and a few others. Glimpses of some of those are presented...
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Oil dips on scepticism over Opec output cut
LONDON, Oct 10: World crude prices dropped below $59 in New York trade on Tuesday, as traders cast doubt on the likelihood of an output reduction by the Opec....
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Govt mulls import duty on sugar
KARACHI, Oct 10: The government is contemplating steps to restrict sugar imports, including a proposal to raise import duty, a senior agriculture ministry official said on Tuesday....
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WB assures help in oil sector reforms
ISLAMABAD, Oct 10: The World Bank fully supports Pakistan''s Petroleum Sector Reform Programme and would continue to provide assistance in realising full benefits of the oil and gas sector liberalisation and reforms....
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Pakistan gains economic stability
ISLAMABAD, Oct 10: With the successful implementation of first generation structural reforms and gaining economic stability, Pakistan entered international capital markets through the issuance of the debt instruments....
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More exports to Germany stressed
KARACHI, Oct 10: There is a need to diversify Pakistani exports to Germany since 80 per cent of the trade is restricted to textile and leather....
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Inflation
TEHRAN, Oct 10: Iran’s president Mahmoud Ahmadinejad has blamed the media for rising inflation, after the supreme leader Ayatollah Ali Khamenei urged him to control surging prices, a press report said on Tuesday....
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Duty relief on cement export restored
ISLAMABAD, Oct 10: The Economic Coordination Committee of the cabinet on the recommendation of the ministry of industries and production decided to restore exemptions on central excise duty, sales tax and...
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KSE 100-share index posts fresh gain of 17 points
KARACHI, Oct 10: Stocks on Tuesday recovered from the overnight lows on active short-covering in bank shares but the rally was too feeble to put the market back on sound footing....
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Lamy urges unlocking of talks within six months
GENEVA, Oct 10: World Trade Organisation chief Pascal Lamy on Tuesday urged governments to do all they can within the next six months to revive stalled talks on reducing barriers to global commerce....
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‘Alitalia heading to bankruptcy’
MILAN, Oct 10: Alitalia will go bankrupt unless a rescue plan is put in place within three months, Prime Minister Romano Prodi said on Tuesday, describing the finances of Italy’s flag-carrier airline as “completely out of control.”...
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Prices ease further on cotton market
KARACHI, Oct 10: The cotton market remained under pressure for the further consecutive session as prices further eased by Rs25 per maund on hasty selling by the ginners....
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Karachi Port operations
KARACHI, Oct 10: Five ships carrying chemicals, containers and coal are due to arrive at the outer anchorage on Wednesday, according to KPT sources....
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Port Qasim
KARACHI, Oct 10: Brisk shipping activity was observed at the port where five ships scheduled to load and offload containers, rice, diesel oil and chemicals were arranged berthing at various terminals...
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Japan flays US dumping measures
TOKYO, Oct 10: Japan, seeking to protect its steel industry, said on Tuesday that it would appeal a World Trade Organisation finding that certain US anti-dumping measures were not in breach of its rules....
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Asian stocks bounce back
HONG KONG, Oct 10: Asian stocks rallied on Tuesday, led by Tokyo which hit a five-month high as investors recovered their nerve after North Korea''s announcement of its first atom bomb explosion....
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European stocks rise
LONDON, Oct 10: European equities climbed on Tuesday after Tokyo and New York markets shrugged off investor concerns over North Korea''s first atom bomb test, dealers said....
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Palm oil up
BANGKOK, Oct 10: Malaysian crude palm oil futures ended higher on Tuesday, a day before the release of key data, dealers said....
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