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| June 09, 2007 | Saturday | Jamadi-ul-Awwal 23, 1428 |
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New power projects to overcome shortage
ISLAMABAD, June 8: Conceding the obvious power crisis across the country, the prime minister''s adviser on Finance promised on Friday to bring new power projects on stream shortly, including KESC''s $150... 
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Tax-to-GDP ratio rises to 9.5pc in 2006-07
ISLAMABAD, June 8: The tax-to-GDP ratio has increased to 9.5 per cent in 2006-07 from the 9.2 per cent of last year, says the Economic Survey released on Friday....
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Stock market boom fuelled by foreign interest
KARACHI, June 8: The Karachi Stock Exchange 100-index (KSE-100), the benchmark of Pakistan’s stock market rose by 24 per cent to 12,370 points until April 2007, from 9,989 points at the...
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Indian market grows faster
ISLAMABAD, June 8: The pace of growth in Pakistan’s capital market was just half of the Indian bourses this year despite existence of heavy capital gains tax in the neighbouring country...
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Cautious trading on cotton market
KARACHI, June 8: Pre-budget cautious trading mood prevailed on the cotton market on Friday as leading spinners and mills did not make fresh larger commitments awaiting the details of much-delayed textile package....
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Agriculture production expands by 5 per cent
ISLAMABAD, June 8: The agriculture sector has recovered well this year by registering 5pc growth compared to the last year’s 1.6pc despite marginally less production of rice and cotton and negative growth in maze, barley rapeseed and mustard....
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Rs11bn spent on import of 26,802 vehicles
KARACHI, June 8: The country has spent over Rs11.871 billion on import of 26,802 vehicles in complete built-up units (CBU) during the last 11 months of the current fiscal from July to May, official figures of the customs disclosed on Friday....
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Rising prices hit the poor most
ISLAMABAD, June 8: Price hike in Pakistan has hit hardest the poorest section of the population living on less than Rs3,000 per month, says Economic Survey 2006-07....
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CP denies foul play in aircraft deal
KARACHI, June 8: Cathay Pacific (CP) said in a statement that it has taken legal advice in the matter regarding NAB’s investigation into the lease and sale by the CP of six Boeing 747 300 to PIA....
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Stocks sustain overnight gains on active buying
KARACHI, June 8: The share market on Friday closed the pre-budget session on a optimistic note as market talk of corporate-friendly fiscal steps and incentives kept investors in an upbeat mood amid active trading....
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Executive Summary of Economic Survey 2006-07
ISLAMABAD, June 8: The government on Friday issued the Economic Survey 2006-07. Following is the text of the Executive Summary of the survey:...
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