However, experts believe inflationary pressures could see the CPI begin to edge upwards in December.
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TOP STORIES
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India PM invites world to invest in economy
Outlining a medium term target of 8-9pc growth, Singh vowed to open up insurance and other financial sectors. -
23 entities on list of privatisation
A senate committee raised concerns with the privatization process, with the KESC’s performance being singled out. -
Oil refining capacity to reach 713,506 bpd
Three more refineries will be set up at Port Qasim and in Balochistan to meet growing energy needs. -
Europe urged to review tariff regime for exports
The statements were issued by business leaders at a roundtable called by the Swiss Business Council in Karachi. -
FBR agrees to revise e-filing system
The changes were made after the current system led 10,000 companies to be declared ‘risky’ or ‘inactive.’
MORE TOP STORIES
HIGHLIGHTS
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Who completed Pakistan’s first book building?
AKD Securities and BMA Capital are warring over the most unlikely issue. -
Lack of funds turns textile policy futile
Sources say that of the total Rs40bln package, only Rs5bln have been released. -
NCCPL concept paper on Margin Financing
MF is not being met with enthusiasm by many brokers who want ‘margin trading.’ -
World unemployment up despite economic recovery
Unemployment is touching 10 pc in Europe and the US, and is unlikely to fall soon. -
NSS achieves Rs60bn investment target
Since Nov 07, the National Savings has secured investment worth Rs400b.
WEATHER - PAKISTAN
Cities
DAMPENED CELEBRATIONS
A large part of the spending goes on gold jewellery, but sales are down partly because of rising global gold prices.
ECONOMIC REPORT 2009
The province’s economy expanded by 2.7 times in Balochistan, 3.6 times in the NWFP and Sindh and four times in Punjab.
FINANCIAL DYNAMICS
Despite the many virtues of markets, it is not necessary that they serve everyone all the time.
LOCALISATION
The Federal Industries Minister was highly concerned over the premium being charged on locally-assembled cars.
NEED TO CONSERVE
Pakistan faces serious water shortages for Rabi crops due to insufficient rainfall and inadequate water reservoirs.
SWEET NEWS
Sindh mills will begin crushing by the middle of the month, while mills in Punjab will begin in the last week of November.



