However there are reports of power failures in industrial units located near the residential areas, but fewer in numbers.
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TOP STORIES
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CDWP approves 74 projects of Rs510 billion
The Central Development Working Party approved projects in power, infrastructure, and agriculture sectors. -
Prices of Honda cars increased, premium exists
While there is no let up in premiums on locally assembled cars, companies have raised prices due to yen appreciation. -
Only 14pc of allocated funds released in 6 months
Despite the country facing a severe water and power crisis, development projects in the sector have lacked funding. -
Rs1.44 per unit hike sought in power tariff
The govt has also made a commitment to IMF and the World Bank to raise electricity rates by another six per cent in April. -
E&T proposes withdrawal of tax exemptions
The Sindh Excise and Taxation Dept seeks to withdraw tax exemptions because incentives are being misused.
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HIGHLIGHTS
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Unsettled futures of Rs2bn cause concern
Liquidity crunch and risk aversion raise fears about the current open interest position. -
New model of branchless banking
Branchless banking can boost financial services outreach to un-banked communities. -
NFC award
The task ahead is to reverse a declining tax-to-GDP ratio which has undermined Pakistan's finances. -
Oil reserves still at comfort level: OCAC
Petrol and diesel stocks are adequate but furnace oil stocks are mildly concerning. -
NA, PAs approval mandatory for VAT enforcement
The VAT is being deemed crucial for increasing revenue but it still faces much critique.
WEATHER - PAKISTAN
Cities
FINANCIAL INCLUSION
In a major move, the State Bank has launched two schemes to improve flow of credit to businesses in troubled areas.
NEWLY-FURBISHED
The market that was reduced to rubbles in the Ashura blast violence, has bounced back with an unusual rush of buyers.
‘MONEY LAUNDERING’
Foreign equity inflow into the share market has been extraordinarily high this month, fuelling conflicting theories.
ECONOMIC UNCERTAINTY
Foreign investors earned more during 2009 but shifted their entire profits abroad instead of reinvesting in Pakistan.
SWEET MANIPULATION
Prices in the domestic market continue to be on higher side and even today it is being sold at Rs63 to Rs65 per kg.
HIGH INFLATION
Falling demand of gold due to high prices is shrinking incomes and forcing jewellers to slash workforce or switch trade.



