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Print - 2004-01-24
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
Hizb-e-Islami activist arrested

Hizb-e-Islami activist arrested

Indian occupation police have arrested a suspected freedom fighter in New Delhi with a cache of explosives days ahead of the Republic Day celebrations, a report said on Friday.
Published 24 Jan, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
Hizb-e-Islami activist arrested

Hizb-e-Islami activist arrested

Indian occupation police have arrested a suspected freedom fighter in New Delhi with a cache of explosives days ahead of the Republic Day celebrations, a report said on Friday.
Published 24 Jan, 2004 12:00am
NJLI Mutual Fund Rates

NJLI Mutual Fund Rates

New Jubile Life Insurance Mutual Fund Rates on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
Export containers miss vessel due to slow movement

Export containers miss vessel due to slow movement

A number of export containers missed the vessel twice at Qasim International Container Terminal (QICT) on Wednesday and Friday last due to slow movement of export cargo inside the gates.
Published 24 Jan, 2004 12:00am
Export containers miss vessel due to slow movement

Export containers miss vessel due to slow movement

A number of export containers missed the vessel twice at Qasim International Container Terminal (QICT) on Wednesday and Friday last due to slow movement of export cargo inside the gates.
Published 24 Jan, 2004 12:00am
Dollar may need to weaken further: IMF economist

Dollar may need to weaken further: IMF economist

The International Monetary Fund's new chief economist said a further depreciation of the dollar may be necessary to help unwind imbalances in the global economy, according to excerpts of an interview published on Friday.
Published 24 Jan, 2004 12:00am
50 killed in Indian wedding hall fire

50 killed in Indian wedding hall fire

At least 50 people died on Friday when fire swept through a wedding hall, turning the building into an inferno, in the southern Indian state of Tamil Nadu, police said.
Published 24 Jan, 2004 12:00am
50 killed in Indian wedding hall fire

50 killed in Indian wedding hall fire

At least 50 people died on Friday when fire swept through a wedding hall, turning the building into an inferno, in the southern Indian state of Tamil Nadu, police said.
Published 24 Jan, 2004 12:00am
Five killed in occupied Kashmir

Five killed in occupied Kashmir

Suspected freedom fighters killed four people, including a pro-India political worker in occupied Kashmir, while occupation troops shot dead a freedom fighter, occupation police said on Friday.
Published 24 Jan, 2004 12:00am
Five killed in occupied Kashmir

Five killed in occupied Kashmir

Suspected freedom fighters killed four people, including a pro-India political worker in occupied Kashmir, while occupation troops shot dead a freedom fighter, occupation police said on Friday.
Published 24 Jan, 2004 12:00am
KSE at par with world bourses: Fudda

KSE at par with world bourses: Fudda

Daily volume and values changed hands at the Karachi Stock Exchange (KSE) are at par with developed international stock markets because of strict regulatory measures, economic turnaround and good corporate governance.
Published 24 Jan, 2004 12:00am
KSE at par with world bourses: Fudda

KSE at par with world bourses: Fudda

Daily volume and values changed hands at the Karachi Stock Exchange (KSE) are at par with developed international stock markets because of strict regulatory measures, economic turnaround and good corporate governance.
Published 24 Jan, 2004 12:00am
India tests Prithvi missile

India tests Prithvi missile

India on Friday tested a short-range nuclear-capable ballistic missile at a test range on the country's eastern coast, a defence source said.
Published 24 Jan, 2004 12:00am
India tests Prithvi missile

India tests Prithvi missile

India on Friday tested a short-range nuclear-capable ballistic missile at a test range on the country's eastern coast, a defence source said.
Published 24 Jan, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
MMA to table Hasba Act in NWFP Assembly

MMA to table Hasba Act in NWFP Assembly

In what could be called a major step towards implementation of Shariah, the Muttahida Majlis-i-Amal-led (MMA) NWFP government has decided to table the much-talked about Hasba Act draft in the provincial assembly next week.
Published 24 Jan, 2004 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
Microsoft pumps $1 billion into UN computer aid

Microsoft pumps $1 billion into UN computer aid

US software giant Microsoft said on Friday it would pump $1 billion of cash and software into a computer training programme it has set up with the United Nations Development Programme (UNDP).
Published 24 Jan, 2004 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
Microsoft pumps $1 billion into UN computer aid

Microsoft pumps $1 billion into UN computer aid

US software giant Microsoft said on Friday it would pump $1 billion of cash and software into a computer training programme it has set up with the United Nations Development Programme (UNDP).
Published 24 Jan, 2004 12:00am
German construction orders fall

German construction orders fall

German construction orders at medium-sized and large firms fell 7.9 percent in the year through November in real terms, statistics office data showed on Friday.
Published 24 Jan, 2004 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
No need to change Sindh chief minister: Jamali

No need to change Sindh chief minister: Jamali

Prime Minister Mir Zafarullah Khan Jamali has said that there is no need to change Sindh chief minister neither there is any need to change the provincial government.
Published 24 Jan, 2004 12:00am
Businessmen criticise NWFP government

Businessmen criticise NWFP government

The government of Muttahida Majlis-i-Amal (MMA) in the NWFP is only making announcements and has failed to take any practical steps in order to solve problems confronted by the industrialists and trading communities of the province.
Published 24 Jan, 2004 12:00am
Ground-breaking of two small dams after Eid

Ground-breaking of two small dams after Eid

Ground-breaking ceremony for two small dams in Potohar region will be held after Eid-ul-Azha, while work on remodelling of barrages and other irrigation structures in the province is also expected to be launched soon.
Published 24 Jan, 2004 12:00am
Ground-breaking of two small dams after Eid

Ground-breaking of two small dams after Eid

Ground-breaking ceremony for two small dams in Potohar region will be held after Eid-ul-Azha, while work on remodelling of barrages and other irrigation structures in the province is also expected to be launched soon.
Published 24 Jan, 2004 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
New incentives provided under DTRE scheme

New incentives provided under DTRE scheme

On the recommendations of different collectorates, the Central Board of Revenue (CBR) has announced new incentives under the Duty and Tax Remission of Export (DTRE) Rules, removing some problems faced by exporters during transactions on daily basis.
Published 24 Jan, 2004 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
New incentives provided under DTRE scheme

New incentives provided under DTRE scheme

On the recommendations of different collectorates, the Central Board of Revenue (CBR) has announced new incentives under the Duty and Tax Remission of Export (DTRE) Rules, removing some problems faced by exporters during transactions on daily basis.
Published 24 Jan, 2004 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
Bulls take control of ISE

Bulls take control of ISE

Bulls continued to stay on the driving seat at the Islamabad Stock Exchange (ISE) where fresh buying spree in heavyweights moved the entire ready-board in upward direction amid increase in index.
Published 24 Jan, 2004 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 24 Jan, 2004 12:00am
Bulls take control of ISE

Bulls take control of ISE

Bulls continued to stay on the driving seat at the Islamabad Stock Exchange (ISE) where fresh buying spree in heavyweights moved the entire ready-board in upward direction amid increase in index.
Published 24 Jan, 2004 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 24 Jan, 2004 12:00am
Share prices remain stable on LSE

Share prices remain stable on LSE

Despite week-end selling pressure in blue chips, share prices remained stable in the local stock market, where the index ended with a slight decline.
Published 24 Jan, 2004 12:00am
Share prices remain stable on LSE

Share prices remain stable on LSE

Despite week-end selling pressure in blue chips, share prices remained stable in the local stock market, where the index ended with a slight decline.
Published 24 Jan, 2004 12:00am
French wheat subdued mood on EU decision

French wheat subdued mood on EU decision

French wheat ended the week in a subdued mood on Friday with prices under light pressure from the EU's decision to sell off almost 700,000 tonnes of stocks from intervention stores next month, traders said.
Published 24 Jan, 2004 12:00am
Weekend considerations prune gains on KSE

Weekend considerations prune gains on KSE

Weekend considerations forced the day traders at Karachi Stock Exchange to book available profits, eroding the share values, but support from financial institutions averted larger decline.
Published 24 Jan, 2004 12:00am
CBOT wheat ends down on profit-taking

CBOT wheat ends down on profit-taking

Chicago Board of Trade wheat futures closed lower on Thursday on speculative profit taking, with extra pressure coming from the European Union's announcement it opened tenders to sell almost 700,000 tonnes of wheat in its domestic markets, grain sources s
Published 24 Jan, 2004 12:00am
Weekend considerations prune gains on KSE

Weekend considerations prune gains on KSE

Weekend considerations forced the day traders at Karachi Stock Exchange to book available profits, eroding the share values, but support from financial institutions averted larger decline.
Published 24 Jan, 2004 12:00am
Oil shipping resumes at Algerian port

Oil shipping resumes at Algerian port

Shipping operations will resume at Algeria's oil-exporting port at Skikda on Friday after better weather allowed the port to reopen, a shipping agent said.
Published 24 Jan, 2004 12:00am
Port of Novorrosiisk reopens

Port of Novorrosiisk reopens

Russia's main Black Sea oil port of Novorrossiisk reopened on Friday after severe weather closed the port for five days, local shipping agents said.
Published 24 Jan, 2004 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 80,925 tonnes of cargo including 73,555 tonnes import and 7,370 tonnes export cargo during last 24 hours ending at 0700 hours on Friday.
Published 24 Jan, 2004 12:00am
Hurriyat team meets Vajpayee

Hurriyat team meets Vajpayee

A five-member team of All Parties Hurriyat Conference (Ansari-led faction) calls on Indian Prime Minister Atal Behari Vajpayee here on Friday.
Published 24 Jan, 2004 12:00am
Heavy rain heads south in Brazilian coffee belt

Heavy rain heads south in Brazilian coffee belt

Heavy rain is expected to spread south from coffee farms in Minas Gerais into Sao Paulo state and northern Parana over the next five days, independent forecaster Somar said on Friday.
Published 24 Jan, 2004 12:00am
Hurriyat team meets Vajpayee

Hurriyat team meets Vajpayee

A five-member team of All Parties Hurriyat Conference (Ansari-led faction) calls on Indian Prime Minister Atal Behari Vajpayee here on Friday.
Published 24 Jan, 2004 12:00am
EU grain harvest heads for revival in 2004

EU grain harvest heads for revival in 2004

Europe's grain crop in 2004 is set to rebound strongly from last year's weather-hit levels but farmers will still be anxiously watching the skies over the coming months, analysts said on Friday.
Published 24 Jan, 2004 12:00am
CIA names Duelfer to replace Kay in Iraq arms hunt

CIA names Duelfer to replace Kay in Iraq arms hunt

David Kay has quit his post as leader of the hunt for weapons of mass destruction in Iraq, which so far has failed to find any actual arms, and will be replaced by former UN weapons inspector Charles Duelfer, the CIA said on Friday.
Published 24 Jan, 2004 12:00am
Oil cake market rates

Oil cake market rates

The January vaida again opened and closed at Rs 446.
Published 24 Jan, 2004 12:00am
Scientists may have sold nuclear secrets: President

Scientists may have sold nuclear secrets: President

President General Pervez Musharraf said on Friday it appeared scientists had sold nuclear secrets abroad, but reiterated Islamabad's position that there had been no official involvement.
Published 24 Jan, 2004 12:00am
Scientists may have sold nuclear secrets: President

Scientists may have sold nuclear secrets: President

President General Pervez Musharraf said on Friday it appeared scientists had sold nuclear secrets abroad, but reiterated Islamabad's position that there had been no official involvement.
Published 24 Jan, 2004 12:00am
Danish milling wheat prices stable

Danish milling wheat prices stable

Danish milling wheat prices were stable this week and a surprise move by the European Commission on Thursday to offer intervention wheat was expected to keep prices steady, brokers said on Friday.
Published 24 Jan, 2004 12:00am
5.5 million tonnes wheat procurement target set

5.5 million tonnes wheat procurement target set

An inter-provincial meeting on Friday finalised wheat procurement policy and set buying target of 5.5 million tonnes wheat for the current year for Passco and provincial food departments, against 5.3 million tonnes of last year.
Published 24 Jan, 2004 12:00am
Dyes mixed on Jodia Bazar

Dyes mixed on Jodia Bazar

Some changes in dyes items were marked as other commodities maintained steady trend amid low demand on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
5.5 million tonnes wheat procurement target set

5.5 million tonnes wheat procurement target set

An inter-provincial meeting on Friday finalised wheat procurement policy and set buying target of 5.5 million tonnes wheat for the current year for Passco and provincial food departments, against 5.3 million tonnes of last year.
Published 24 Jan, 2004 12:00am
Guwar up on grain market

Guwar up on grain market

Grain varieties and guwar underwent changes on the wholesale commodity markets on Friday (January 23, 2004).
Published 24 Jan, 2004 12:00am
New York coffee bounces back strong on fund buying

New York coffee bounces back strong on fund buying

CSCE coffee futures rallied late on Thursday to reach a new high close in its nine-week rally, driven by additional fund buying and reduced producer selling, brokers said.
Published 24 Jan, 2004 12:00am
New York cocoa up on arbitrage, fund buying before data

New York cocoa up on arbitrage, fund buying before data

CSCE cocoa futures finished higher on Thursday for the second straight day on arbitrage and speculative fund buying ahead of the release of the quarterly grind data for the US chocolate industry, brokers said.
Published 24 Jan, 2004 12:00am
GST on train, air and telecom services can't be transferred to provinces

GST on train, air and telecom services can't be transferred to provinces

The Central Board of Revenue (CBR) has conveyed to the National Finance Commission (NFC) that collection of general sales tax (GST) on air/train travel, inland carriage of goods by air and telecommunication services cannot be transferred from federation t
Published 24 Jan, 2004 12:00am
USDA considers stricter rules for medicine crops

USDA considers stricter rules for medicine crops

The US Agriculture Department on Thursday announced plans to broaden its regulatory authority and impose stricter guidelines on plants engineered solely for the development of medicines and industrial goods.
Published 24 Jan, 2004 12:00am
GST on train, air and telecom services can't be transferred to provinces

GST on train, air and telecom services can't be transferred to provinces

The Central Board of Revenue (CBR) has conveyed to the National Finance Commission (NFC) that collection of general sales tax (GST) on air/train travel, inland carriage of goods by air and telecommunication services cannot be transferred from federation t
Published 24 Jan, 2004 12:00am
South African sugar estimate up

South African sugar estimate up

South Africa has slightly raised its estimate for 2003/04 sugar production to 2.410 million tonnes from a previous estimate of 2.404 million, still well down on last year's record crop.
Published 24 Jan, 2004 12:00am
Economy on path of robust growth: Musharraf

Economy on path of robust growth: Musharraf

President General Pervez Musharraf has asked investors attending the World Economic Forum here to benefit from Pakistan's investment-friendly climate which includes robust economic growth, aggressive privatisation policy, improved governance and strong co
Published 24 Jan, 2004 12:00am