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Print - 2006-03-01
'Montenegro independence vote on May 21'

'Montenegro independence vote on May 21'

Montenegro will hold a referendum on independence from Serbia on May 21, opposition parties said on Tuesday. The ruling parties declined to say officially that the date had been agreed but sources in the government confirmed it. Earlier reports had foreca
Published 01 Mar, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 28, 2006).

Published 01 Mar, 2006 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 01 Mar, 2006 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 01 Mar, 2006 12:00am
Travelling via Wagah cheaper

Travelling via Wagah cheaper

Thar Express, the dream train of divided families, is running appallingly under-utilised. Reason: Non-existence of Indian Consulate General in Karachi to facilitate issuance of visa to the intending visitors to India, particularly those living in Sindh an
Published 01 Mar, 2006 12:00am
The Weather

The Weather

The weather report on Tuesday (February 28, 2006) and the forecast for Wednesday (March 01, 2006).
Published 01 Mar, 2006 12:00am
Pakistani troops leave for Liberia

Pakistani troops leave for Liberia

The second phase of relief-rotation process of Pakistani troops deployed in Liberia on UN peace keeping mission has started with the departure of more than 178 soldiers from Quad-e-Azam International Airport on Monday evening.
Published 01 Mar, 2006 12:00am
'Lahore Book Fair' opens on March 2

'Lahore Book Fair' opens on March 2

The 20th Lahore International Book Fair will be inaugurated by its chief patron, Punjab Governor Lieutenant General Khalid Maqbool (Retd) on March 2 at the Expo Centre, Fortress Stadium, Lahore Cantt.
Published 01 Mar, 2006 12:00am
Call for revival of value system

Call for revival of value system

Punjab University vice-chancellor Arshad Mahmood has stressed the need for the revival of value system to counter the negative agenda of West about Islam.
Published 01 Mar, 2006 12:00am
Jamaat-i-Islami demands action against profiteers, hoarders

Jamaat-i-Islami demands action against profiteers, hoarders

The Jamaat-i-Islami (JI) Sindh President Dr Mumtaz Memon on Tuesday criticising the attitude of rulers towards taking on the sensitive issue of price hike said instead of hollow slogans, firm and serious efforts were needed to resolve this issue.
Published 01 Mar, 2006 12:00am
PPPP meeting

PPPP meeting

Pakistan Peoples Party Parliamentarian (PPPP) has called a meeting of its parliamentary group in the Punjab Assembly on March 4, 2006 (2:00pm). Qasim Zia head of PPPP Punjab will chair the meeting.
Published 01 Mar, 2006 12:00am
Private members' session wasted by opposition MPA

Private members' session wasted by opposition MPA

The private members' day at Sindh Provincial Assembly, which should have been gainfully utilised by the opposition to its advantage, was wasted due to the disorderliness initiated by PPP MPA Zahid Bhurgari and supported by his colleagues on Tuesday when D
Published 01 Mar, 2006 12:00am
'Utility stores help avert sugar crisis'

'Utility stores help avert sugar crisis'

The availability of the sugar at subsidised rates averted possible sugar crisis resulting in bringing stability in the price of the commodity at the level of retail market in the country, said Utility Stores Corporation (USC) Regional Manager Jehanzeb Kha
Published 01 Mar, 2006 12:00am
PPCBL to disburse Rs 2.7 billion loans for Rabi

PPCBL to disburse Rs 2.7 billion loans for Rabi

The Punjab Provincial Co-operative Bank Limited (PPCBL) is disbursing loans of over Rs eight billion per annum and for the current Rabi 2005-06 the bank is providing loans of Rs 2.7 billion to small farmers through the co-operative societies.
Published 01 Mar, 2006 12:00am
Chicken prices decline in Multan

Chicken prices decline in Multan

Rates of beef and mutton increased by Rs 20 per kg in Multan. However, chicken prices declined to Rs 70 per kg after reports of discovery of H5 type bird flu virus traces at two NWFP poultry farms. Butchers are fleecing the consumers taking advantage of t
Published 01 Mar, 2006 12:00am
UK issued over 8,500 student visas last year

UK issued over 8,500 student visas last year

Britain issued over 8,500 students visas last year. This was stated by the British Deputy High Commissioner in Karachi, Hamish St. Clair Daniel. Talking to APP here, he said that the issuance of students visas depends on the number of people who apply for
Published 01 Mar, 2006 12:00am
400 percent rise in domicile fee

400 percent rise in domicile fee

The Sindh Government fee for applying the domicile certificate has been increased from rupees 40 to rupees 160, which is 400 per cent increase, reports UPP correspondent.
Published 01 Mar, 2006 12:00am
ICIP 2006 conference on March 9

ICIP 2006 conference on March 9

The engineering session of International Conference on Investment Opportunities in Pakistan (ICIP)- 2006 Conference at Karachi Expo Centre will be held on March 9 and 10 in conjunction with third ITIF Asia 2006.
Published 01 Mar, 2006 12:00am
Pakistan emerging market for investment: US chamber

Pakistan emerging market for investment: US chamber

US Chamber of Commerce (USCC) South Asia, Middle East and Africa Department Vice President Dr Herbert J Davis said that Pakistan was an emerging market rich with exciting opportunities for US direct investment.
Published 01 Mar, 2006 12:00am
Free land to Iranian investors offered

Free land to Iranian investors offered

Punjab Minister for Industries Ajmal Cheema has offered free land to Iranian investors at the Sunder Industrial Estate. Talking to 10-member Iranian business delegation, he said Iranian investors would be welcomed to set up industry, a private TV channel
Published 01 Mar, 2006 12:00am
New Pakistani envoy explores business scope in Zimbabwe

New Pakistani envoy explores business scope in Zimbabwe

Newly appointed Pakistani Ambassador to Zimbabwe Rifat Iqbal on Monday met Regional Vice-President of Matabeleland Chapter of the Zimbabwe National Chamber of Commerce Obert Sibanda to exchange information on business opportunities.
Published 01 Mar, 2006 12:00am
China World Press publishes Musharraf's biography

China World Press publishes Musharraf's biography

A book on President Pervez Musharraf's biography was formally launched by the China World Affairs, a publisher and an attached pertinent of Chinese Foreign Ministry, at a ceremony held here on Tuesday at the Great Hall of the People.
Published 01 Mar, 2006 12:00am
Three tax defaulting firms penalised

Three tax defaulting firms penalised

Three tax defaulter firms have paid a total of Rs 41,312,130 to the government exchequer on action taken by the National Accountability Bureau (NAB).
Published 01 Mar, 2006 12:00am
One killed as bomb near rail track explodes

One killed as bomb near rail track explodes

One Gauhar Abbas (21) has died and another two injured seriously when a bomb exploded near railway track in Kherpur Tamewali (Bahawalpur) on Tuesday.
Published 01 Mar, 2006 12:00am
PSDP funds: non-utilisation dilemma

PSDP funds: non-utilisation dilemma

The present dispensation in the country, like many of its discredited predecessors, seems to be rather long on plans and promises, but disappointingly short on implementation, particularly as far as the Public Sector Development Programme (PSDP) is concer
Published 01 Mar, 2006 12:00am
Time to brace for avian flu pandemic

Time to brace for avian flu pandemic

According to a Recorder Report (February 28), massive culling of farm chickens is feared after a mild avian influenza strain (H5) hit and killed thousands of birds in two NWFP cities, namely, Abbottabad and Charsadda, in the first-ever onslaught of the le
Published 01 Mar, 2006 12:00am
Flexible labour laws in textile industry

Flexible labour laws in textile industry

The garment and knitting units in Pakistan are abundant in the small and medium sector, primarily labour-intensive, with workers generally under the labour contract system. A designated contractor is the primary employer and these units are secondary empl
Published 01 Mar, 2006 12:00am
Militias, armed gangs rule streets of Iraq

Militias, armed gangs rule streets of Iraq

Look in the pockets of Iraqis whose jobs take them around Baghdad every day and you are likely to find a clutch of passes and identity cards, one for every police, military or militia checkpoint they may run into.
Published 01 Mar, 2006 12:00am
Korea to be the world's ninth largest economy

Korea to be the world's ninth largest economy

Korea will be the world's ninth largest economy by 2025 with its GDP expanding to $2.63 trillion, according to a report by Goldman Sachs, a global investment bank. Currently, Korea's GDP is $680 billion and 11th largest in the world.
Published 01 Mar, 2006 12:00am
Insurance companies

Insurance companies

The insurance companies of Pakistan are fleecing their clients. The premium for car insurance is galloping each year towards new heights (considering even the number of thefts). In case of accident, the inspectors are a very hard nut to crack.
Published 01 Mar, 2006 12:00am
The sugar crisis

The sugar crisis

There is no shortage of sugar in the country. The mill-owners and hoarders have stored sufficient quantity of the sugar in secret stores.
Published 01 Mar, 2006 12:00am
An advice to Bush!

An advice to Bush!

Bush follows, Jesus (a Muslim son of Mary), and turns to peace (Islam). Bush, you are not welcome in Pakistan until you turn to eternal non-invasive peace (Islam). Turning towards peace (Islam) based on non-invasive and denouncing terror washes away all s
Published 01 Mar, 2006 12:00am
Pakistan offers help to Syria in mineral sector

Pakistan offers help to Syria in mineral sector

Minister for Petroleum and Natural Resources Amanullah Khan Jadoon on Tuesday said with vast technical expertise and know-how Pakistan could help Syria to promote its mineral sector.
Published 01 Mar, 2006 12:00am
Half-yearly accounts of EIBL approved

Half-yearly accounts of EIBL approved

The Escorts Investment Bank Limited (EIBL) Board of Directors (BoD) has approved the half-yearly accounts for the period ended December 31, 2005. According to a bank's spokesman here on Tuesday, the approval was given during a Board of Directors meeting h
Published 01 Mar, 2006 12:00am
Half-yearly accounts of EIBL approved

Half-yearly accounts of EIBL approved

The Escorts Investment Bank Limited (EIBL) Board of Directors (BoD) has approved the half-yearly accounts for the period ended December 31, 2005. According to a bank's spokesman here on Tuesday, the approval was given during a Board of Directors meeting h
Published 01 Mar, 2006 12:00am
Plot to assassinate Musharraf: ATC summons news director of TV channel

Plot to assassinate Musharraf: ATC summons news director of TV channel

An anti-terrorism court in Karachi on Tuesday summoned news director of satellite TV channel in whose interview federal interior minister Aftab Ahmed Khan Sherpao disclosed the arrest of banned Harkatul Mujahideen Al Alami's activist in conspiracy to assa
Published 01 Mar, 2006 12:00am
Interaction programme for new diplomats arranged

Interaction programme for new diplomats arranged

The foreign affairs ministry on Tuesday arranged an introductory programme for the new foreign diplomats to familiarise them about Pakistan's culture, history, heritage, traditions, customs and living standards.
Published 01 Mar, 2006 12:00am
Hiring of controversial lobbyist firm in US opposed

Hiring of controversial lobbyist firm in US opposed

The Sub-Committee of the Parliament's Public Accounts Committee was told on Tuesday that Pakistan has the fastest growing country caucus in the US Congress with 75 Congressmen as its members.
Published 01 Mar, 2006 12:00am
'Fate of Pak-US ties would be no different to the past'

'Fate of Pak-US ties would be no different to the past'

International affairs experts here said on Tuesday that Pakistan-US relations were based on the latter's interests and ultimately their fate would probably be no different than the past.
Published 01 Mar, 2006 12:00am
US pledges 46,000 tonnes wheat for quake victims

US pledges 46,000 tonnes wheat for quake victims

United States will provide 46,000 tons of wheat worth $12 million to Pakistan for the earthquake survivors. US Ambassador Ryan C. Crocker and Economic Affairs Division Secretary Khalid Sayeed signed an agreement to this effect here on Tuesday.
Published 01 Mar, 2006 12:00am
Railways plans to deliver tickets at doorsteps

Railways plans to deliver tickets at doorsteps

Pakistan railways were finalising a plan to deliver tickets at the passenger's doorsteps, State Minister for Railways Ishaq Khan Khakwani said on Tuesday.
Published 01 Mar, 2006 12:00am
Swiss envoy appreciates Pakistan's economic reforms

Swiss envoy appreciates Pakistan's economic reforms

Consul General of Switzerland Julius Anderegg has appreciated the economic reforms, and liberalisation and consistency of policies in Pakistan resulting in significant growth of industries and trade over last couple of years.
Published 01 Mar, 2006 12:00am
Igatex Pakistan exposition to open on April 26

Igatex Pakistan exposition to open on April 26

The Igatex Pakistan, the largest show of textile and garment machinery in the region, will showcase the latest technology of the textile manufacturing machinery.
Published 01 Mar, 2006 12:00am
US MIDDAY: gold steadies

US MIDDAY: gold steadies

Gold firmed early Tuesday, with buying tied partly to a softer dollar, and analysts and traders continued to put a positive spin on the investment outlook for precious metals, despite the recent shakeout.
Published 01 Mar, 2006 12:00am
US MIDDAY: soyabeans choppy

US MIDDAY: soyabeans choppy

The Chicago Board of Trade soyabean market was up and down early Tuesday, caught between reminders of large US soya stocks and a technical bounce as prices were below all key moving averages, traders said.
Published 01 Mar, 2006 12:00am
US MIDDAY: copper rebounds

US MIDDAY: copper rebounds

US copper futures rebounded at the open on Tuesday from the previous session's 3.47 percent sell-off amid some short covering and bargain buying, though some traders were still questioning if the price correction would continue further this week.
Published 01 Mar, 2006 12:00am
US MIDDAY: corn mixed

US MIDDAY: corn mixed

Corn futures at the Chicago Board of Trade were narrowly mixed early on Tuesday amid bird flu concerns and plentiful stocks of corn, traders said. At 10:20 am CST (1620 GMT), CBOT corn was up 1/4 cent to down 1/2 cent, with March up 1/4 at $2.27-3/4 per b
Published 01 Mar, 2006 12:00am
US MIDDAY: wheat firmer

US MIDDAY: wheat firmer

Wheat futures on the Chicago Board of Trade were mostly firm at midday on Tuesday after rising to contract highs on concerns about drought in the southern US Plains, traders said. Spillover weakness from a downturn in soybeans pushed wheat futures off the
Published 01 Mar, 2006 12:00am
US MIDDAY: sugar higher

US MIDDAY: sugar higher

Raw sugar futures relied on late speculative short-covering to finish higher Tuesday as prices bounced from a five-week low, while deliveries in the spot March contract were said to be very modest, brokers said.
Published 01 Mar, 2006 12:00am
US MIDDAY: coffee futures rally

US MIDDAY: coffee futures rally

US benchmark coffee futures climbed 3.1 percent on Tuesday, boosted by funds and speculators buying amid positive technical signals on the price charts, traders and analysts said.
Published 01 Mar, 2006 12:00am
US MIDDAY: cocoa moves up

US MIDDAY: cocoa moves up

US benchmark cocoa futures ended up 1.7 percent on Tuesday, with a late round of fund buying helping the market recover from a three-month low hit earlier in the session, traders said.
Published 01 Mar, 2006 12:00am
Gold moves higher in Europe

Gold moves higher in Europe

Gold rose to a relatively narrower band on Tuesday in thin trading which dealers said contrasted with the volatility of recent weeks. Other precious metals markets were also quiet, except platinum, which rose 1.7 percent from its close in the US market th
Published 01 Mar, 2006 12:00am
Copper recovers

Copper recovers

London Metal Exchange (LME) copper recovered nearly three-quarters of the previous day's losses by Tuesday's close as investors bet a wave of fresh money would hit the market at the start of March, dealers said. Copper ended the day at $4,798 a tonne, up
Published 01 Mar, 2006 12:00am
London sugar sharply up

London sugar sharply up

London white sugar futures ended sharply higher on trade buying after a seesaw session on Tuesday, with attention focused on expiry of the NYBOT raw sugar futures front-month March contract, traders said.
Published 01 Mar, 2006 12:00am
New York cotton rises on trade buying

New York cotton rises on trade buying

Cotton futures rebounded to end higher Tuesday on trade buying, with most of the trade uncertain about the market's direction over the next few sessions, brokers said.
Published 01 Mar, 2006 12:00am
Biofuels drive up global oilseeds crush: Oil World

Biofuels drive up global oilseeds crush: Oil World

Biofuel demand will generate a five percent rise in global oilseed crushings in October 2005/September 2006 on the season to 318.93 million tonnes but extra oilmeal output may be hard to sell, Hamburg-based oilseeds analysts Oil World said.
Published 01 Mar, 2006 12:00am
World oil firms over $61 after steep slide

World oil firms over $61 after steep slide

Oil steadied over $61 on Tuesday as Algeria renewed its call for Opec to keep the taps open when it meets on March 8 and analysts forecast another rise in US crude oil inventories.
Published 01 Mar, 2006 12:00am
Asian sugar demand strong

Asian sugar demand strong

Sugar demand in Asia is expected to remain strong and the fall in raw sugar futures could trigger more buying, a leading exporter said on Tuesday. "Right now, we are on the correction and the correction is broad based across all the commodities," said Rob
Published 01 Mar, 2006 12:00am
France raises biofuel targets with new tender

France raises biofuel targets with new tender

France confirmed on Tuesday it intends to remain among the top European biofuel producers as Prime Minister Dominique de Villepin announced he will launch a new tender to raise the country's use of "green fuels".
Published 01 Mar, 2006 12:00am
Yen pauses from rally

Yen pauses from rally

The yen steadied against the dollar and fell versus the euro on Tuesday in a pause from the previous session's rally on expectations for a near-term end to the Bank of Japan's ultra-easy monetary policy.
Published 01 Mar, 2006 12:00am
Sterling gains versus dollar

Sterling gains versus dollar

Sterling gained against a broadly weaker dollar and traded with a firmer bias against the euro on Tuesday, shrugging off soft data on the UK retail sector and property market.
Published 01 Mar, 2006 12:00am
Indian rupee rises

Indian rupee rises

The rupee ended higher on Tuesday, after the federal budget raised the cap on foreign investment in debt and renewed a push for fiscal prudence, moves that could eventually lead to a ratings upgrade, dealers said.
Published 01 Mar, 2006 12:00am
FTSE slides under 5,800 as oil giants, Vodafone fall

FTSE slides under 5,800 as oil giants, Vodafone fall

Britain's top share index shed almost 1.5 percent on Tuesday, with lower oil prices knocking oil heavyweights and analysts forecasting a gloomy outlook for the direction of stocks like Vodafone and Alliance & Leicester.
Published 01 Mar, 2006 12:00am
Seoul shares down

Seoul shares down

South Korean shares fell for the first session in four on Tuesday, as investors locked in gains in recent gainers such as steel maker POSCO Co Ltd amid worries that valuations had risen too high.
Published 01 Mar, 2006 12:00am
US Stocks: Tuesday's unofficial close

US Stocks: Tuesday's unofficial close

US stocks fell on Tuesday, as investors sold equities after reports indicated a slowdown in growth of both the Web search company Google Inc and the US economy.
Published 01 Mar, 2006 12:00am
Indian shares at record high

Indian shares at record high

Indian share prices closed at a record high Tuesday as investors welcomed proposals to boost the economy in the budget for the next fiscal year starting April 1, dealers said.
Published 01 Mar, 2006 12:00am
'China poised to attain superpower status'

'China poised to attain superpower status'

The US Director of National Intelligence, John Negroponte, warned Tuesday that China's steady military and economic expansion may ultimately lead to Beijing attaining superpower status on a par with the United States.
Published 01 Mar, 2006 12:00am
Violence flares again at riot-hit Afghan jail

Violence flares again at riot-hit Afghan jail

Violence flared at Afghanistan's main jail again Tuesday, ending a brief calm following two days of rioting which killed four inmates and which police blamed on al Qaeda and Taleban inmates.
Published 01 Mar, 2006 12:00am
Thousands stage anti-Bush rally

Thousands stage anti-Bush rally

Several thousand Muslim protesters, some waving "Bush go Home" placards, staged a rally in Mumbai on Tuesday on the eve of the US president's visit to India.
Published 01 Mar, 2006 12:00am
Indian media banned from using tapped conversations

Indian media banned from using tapped conversations

India's Supreme Court has ordered the media not to print or broadcast contents of any tapped telephone conversations, reports said Tuesday. The court passed the order in connection with a case involving a leading politician who says his phone was tapped,
Published 01 Mar, 2006 12:00am
Israel softens criticism of Russia on Hamas talks

Israel softens criticism of Russia on Hamas talks

Israel backed off its harsh criticism of Russia on Tuesday ahead of Moscow's talks with leaders of Hamas following the Islamist militant group's victory in Palestinian elections.
Published 01 Mar, 2006 12:00am
Landmine blast kills 55 in Chhattisgarh

Landmine blast kills 55 in Chhattisgarh

Maoist rebels set off a landmine under a truck on Tuesday in the Indian state of Chhattisgarh, killing 55 people and wounding at least 20 who belonged to a government-backed anti-Maoist group, police said.
Published 01 Mar, 2006 12:00am
Suu Kyi awarded Olof Palme Prize

Suu Kyi awarded Olof Palme Prize

Myanmar's imprisoned pro-democracy leader Aung San Suu Kyi was Tuesday awarded the Olof Palme Prize in absentia at a ceremony in Stockholm marking the 20th anniversary of the murder of the Swedish prime minister after whom the award is named.
Published 01 Mar, 2006 12:00am
Russia link counters mistrust raised by UN report: Tehran

Russia link counters mistrust raised by UN report: Tehran

Iran said on Tuesday a possible joint venture with Russia would ease world mistrust about its nuclear aims mirrored by a UN watchdog report saying Tehran is accelerating a fuel programme with potential to make atom bombs.
Published 01 Mar, 2006 12:00am
Iran has right to civil nuclear power: Chirac

Iran has right to civil nuclear power: Chirac

Iran has the right to civil nuclear power as long as it respects its commitments to the cause of non-proliferation, French President Jacques Chirac said Tuesday.
Published 01 Mar, 2006 12:00am
China approves UN code on financing of terrorism

China approves UN code on financing of terrorism

Chinese lawmakers on Tuesday ratified an international convention to fight financing of terrorism, adding to the legal arsenal China may use to fight the unrest it says threatens its west.
Published 01 Mar, 2006 12:00am
Arroyo gives eight percent hike in state salaries

Arroyo gives eight percent hike in state salaries

Philippine President Gloria Macapagal Arroyo said on Tuesday she ordered an 8 percent average rise in state workers' salaries, even though Congress has yet to pass the government's 2006 budget.
Published 01 Mar, 2006 12:00am
Assam renamed to Asom

Assam renamed to Asom

India's north-eastern state of Assam has been renamed Asom to cast off its British-era label, a state minister said Tuesday. The move is the latest in a series of name changes in India in which Mumbai, Chennai and Kolkata (formerly Bombay, Madras and Calc
Published 01 Mar, 2006 12:00am
Brown did not copy Da Vinci Code: lawyer

Brown did not copy Da Vinci Code: lawyer

Author Dan Brown did not copy material from an earlier book when he came to write "The Da Vinci Code," his best-selling religious thriller at the centre of a London copyright case, a lawyer said on Tuesday.
Published 01 Mar, 2006 12:00am
Uganda opposition to challenge election in court

Uganda opposition to challenge election in court

Uganda's main opposition Forum for Democratic Change (FDC) party said on Tuesday it would mount a legal challenge to election results that extended President Yoweri Museveni's two-decade rule.
Published 01 Mar, 2006 12:00am
Czech Greens set sights on 10 percent in June election

Czech Greens set sights on 10 percent in June election

The Czech Green Party hopes to win up to 10 percent of votes in June's election on an agenda mixing environmental issues with a push for lower payroll taxes and anti-corruption measures, party chief Martin Bursik said.
Published 01 Mar, 2006 12:00am
Ivory Coast factions hold peace talks

Ivory Coast factions hold peace talks

Ivory Coast's rival faction leaders met on home territory for the first time on Tuesday since the start of a three-year-old conflict, for talks aimed at reviving a stagnant peace process in the divided nation.
Published 01 Mar, 2006 12:00am
Gold firms in Asia as Tokyo futures rebound

Gold firms in Asia as Tokyo futures rebound

Gold rose on Tuesday as Japanese futures rebounded after the yen's rally against the dollar fizzled out, but dealers remained cautious and expected the metal to trade in a tight range in coming days.
Published 01 Mar, 2006 12:00am
Tokyo gold moves narrowly, seeks fresh direction

Tokyo gold moves narrowly, seeks fresh direction

Tokyo gold futures hovered narrowly on Tuesday in the absence of fresh incentives to provide direction after prices opened lower due to a decline in the New York market.
Published 01 Mar, 2006 12:00am
July-February tax collection exceeds target

July-February tax collection exceeds target

The Central Board of Revenue (CBR) has so far collected Rs 409.2 billion for July-February (2005-06) period against the target of Rs 408.7 billion, reflecting an increase of Rs 0.5 billion.
Published 01 Mar, 2006 12:00am