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| November 19, 2007 | Monday | Ziqa’ad 08, 1428 |
Extending market exclusivity
 The side-effects of political transition are not likely to subside anytime soon. There is a strong possibility that the fate of the proposed amendment in the Drug Act, 1979 will hang in the balance all this while....
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Immisering monetary policy
 THE State Bank’s annual report 2007 shows that SBP Governor Dr Shamshad Akhtar is following in the foot steps of Dr Ishrat Hussain, who is primarily responsible for the institutionalisation of the market-based monetary policy....
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‘Uncomfortable’ facets of competition law
A toothless Monopoly Control Authority was finally laid to eternal rest on October 2 this year by the Competition Ordinance 2007....
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Stocks resist big fall on positive developments
 STOCKS resisted a larger fall at the fag-end of the last week on active short covering on the blue chip counters aided by some positive developments on the political front, including...
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Rupee falls as demand for dollar rises
 Political unrest after the imposition of emergency has negatively impacted economic activities in the country this week. There have been reports of decline in foreign investment....
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Nominal increase in bank credit
 According to the Statement of Affairs of the State Bank of Pakistan, for the week ended July 2November 3, 2007, both notes in circulation and those issued increased in the week....
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Prices of pulses and rice go up
 PRICES of essential items on the wholesale commodity markets rose further last week as pressure on ready supplies continued partly because of slow arrivals from upcountry markets and partly to reports of holding back of stocks by local commercial houses.......
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Relay cropping for timely wheat sowing
 DESPITE last year’s excellent wheat crop (about 23 million tones), the country is facing flour shortage. There are various factors responsible for this shortage;...
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Foliar feeding of crops
 FOLIAR feeding of crops is the process of spraying nutrients on pant parts including leaves and stem, where they get readily absorbed and reach the site of activity....
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Canker a serious threat to citrus fruits
 CITRUS stands as the second most important fruit worldwide after grapes in terms of area and production. Although citrus is very popular, its present status is threatened by a number of problems including low production due to pests....
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Saffron field of Pampore losing its sheen
 AS the time to reap the fruits of their hard labour nears, farmers in Pampore get worried because the yield of the saffron crop, which has brought glory to this part of the Kashmir Valley, has been falling year after year....
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Why poverty persists
Poverty alleviation has become a buzz word indicating universal concern for mass poverty and the urgent need to alleviate it. International financial institutions are more than willing to lend support to national efforts....
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World commodities
Oil prices fell after the International Energy Agency (IEA) said demand for crude this winter would be lower than previously forecast, due partly to the impact of record prices....
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Stronger rupee hurts textile exports
 WHILE Indian textile exporters are sustaining huge losses because of the strengthening rupee, cotton exporters are reaping a rich harvest as demand for the commodity is soaring....
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Self-assessment without documentation
 The universal self-assessment scheme (USAS) introduced in 2001 has minimised the taxpayer and the tax official interface and has brought a robust growth in voluntary payment of income tax....
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Seasonal row over cane pricing
 A CONTROVERSY has once again erupted over fixing minimum support price for the sugarcane with the arrival of crushing season in the NWFP....
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‘Collision’ of ideas: a recipe for growth
 Yes, submission to Divine Authority is a virtue. However, authorities that are not derived from the Divine do not command submission....
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Growth slides as inflation rises
 After a decade of sustained high growth and low inflation, the economy in the UK is being threatened with serious reversals. Midway through last week, the government revealed that the slowdown...
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Demand to abolish capital gains tax
 There has been a persistent demand from the directors of the Karachi Stock Exchange (KSE) and the far larger number of vociferous brokers that the capital gains tax (CGT) should be abolished for ever....
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Sovereign funds focused on few sectors
For capital-starved developing countries such as Pakistan the world of finance for decades was a simple one. They were not creditworthy to tap large amounts of capital from the international financial markets....
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