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October 22, 2006 Sunday Ramazan 28, 1427 Eid sales increase by 20pc KARACHI, Oct 21: Majority of market players and businessmen believe that the pre-Eid business this year has increased by 10-20 per cent as compared to the last year.... Textile exports may miss Q2 target KARACHI, Oct 21: Time is apparently running out for Pakistan’s textile exporters, who after having failed to achieve a proportionate export target of $3.83 billion in the first quarter of this... First AGM of CSIB under new management in Nov LAHORE, Oct 21: The new management of Crescent Standard Investment Bank Limited (CSIBL) is all set to convene the company’s annual general meeting (AGM) some time next month for seeking approval... Loan deal signed with WB ISLAMABAD, Oct 21: The World Bank and Pakistan on Saturday inked a grant agreement of $750,000 to help finance preparation activities for the Punjab Large Cities Development Policy Loan (DPL).... 10 per cent increase in CFS financing KARACHI, Oct 21: CFS financing on the Karachi Stock Exchange last week showed an increase of 10 per cent at Rs24.6 billion as compared to the previous Rs22.2... Prices of essential items up ISLAMABAD, Oct 21: The Sensitive Price Index (SPI) rose by 0.42 per cent during the week ending October 19, over the previous week, according to the weekly price data released by the Federal Bureau of Statistics (FBS) here on Saturday.... T-bills rates remain flat KARACHI, Oct 21: The State Bank has ignored the hope of banks to see an increase in treasury bills rates and picked up the targeted amount without any change in the rates.... Bank’s name changed KARACHI, Oct 21: The State Bank of Pakistan has allowed the change of name of Metropolitan Bank Limited as Habib Metropolitan Bank Limited with effect from October 26.... Zakat, donation inflow on rise KARACHI, Oct 21: Pakistan witnessed massive inflows of remittances from all over the world mainly because of organised collection of Zakat, charity and donations for earthquake victims, say bankers.... Tussle between Baghdad, Kurds over crude resources RIYADH, Oct 21: Temperatures are soaring. And the apples of discord are the energy riches of northern Iraq -– now firmly under Kurdish control. Stakes are getting higher as the issue enters a new, defining phase in the war-torn Iraq.... Holiday mood prevails on cotton market KARACHI, Oct 21: Pre-Eid holiday mood prevailed on the cotton market on Saturday as spinners kept to the sidelines most of the time and did not make fresh commitments owing to a long weekend ahead.... Certification of electronic goods ISLAMABAD, Oct 21: The Engineering Development Board (EDB) will finalise recommendations for certification of electronic goods as part of requirement for international quality standards.... Karachi Port operations KARACHI, Oct 21: Nine ships carrying raw jute, steel coils and coal are expected to arrive at the outer anchorage on Sunday, according to KPT sources.... Mexico plans to boost ethanol production MEXICO CITY, Oct 21: Mexico plans to wean itself off costly gasoline imports by boosting ethanol output with a government programme of incentives for the chemical and farming sectors, Energy Minister Fernando Canales said on Friday.... Poultry rates KARACHI, Oct 21: The following are the maximum retail rates for Sunday:... Base metals hit new peaks LONDON, Oct 21: Base metal prices notched up another record week on plunging stocks and keen demand, while crude oil prices headed lower as traders tracked Opec output news and US energy reserves.... US stocks mixed NEW YORK, Oct 21: Wall Street share prices ended mixed on Friday as investors mulled their holdings and the blue-chip Dow Jones index continued to hover near record highs.... New York gold slips NEW YORK, Oct 21: Gold fell back from $600/oz Friday, shadowing the decline in oil prices amid doubts about Opec''s pledge to cut 1.2 million barrels a day in output.... Nissan, Suzuki joint production TOKYO, Oct 21: Japanese carmakers Nissan and Suzuki are considering joint production in Russia and Brazil to expand their ties in emerging markets, a press report said Friday.... Indian shares MUMBAI, Oct 21: Indian shares closed up 0.22 per cent Saturday on retail buying, snapping four straight days of losses during a short ceremonial trading session to mark the festival of Diwali....

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