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Protected by unions: Police find dealers in stolen gold hard to stop
Anjuman Tajiran president says police also make their cut from gold heists.
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Innovation key to addressing food challenges
Speakers highlight role of GM crops in boosting productivity.
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Inflation: Index down 0.05% during week
During week under review, average prices of 9 items registered decrease.
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Not provisioning for WWF may cause capital erosion
Mutual funds’ negligence may result in increased risk exposure.
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Lifeline: CNG stations to shut down indefinitely
Association says will close stations from Wednesday against imposition of cess.
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Conergy onboard for largest solar project
To provide overall planning, engineering and design input.
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Agrarians: Pakistan, Afghanistan trade potential discussed
Both nations working with US on uplifting their agro-sectors.
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Hard Talk: CM faces harsh questions from industrialists
CM says the situation will improve as the government is developing policing in the area.
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Robotics lab: A place where five-year olds develop games
Silicon Valley experienced electrical engineers open science learning centre for kids.
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Despite corruption probe, PSO officers promoted
Board members say all promotions made in Feb violate merit principles.
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Cost of doing business surges 15%
Margin of textile businesses comes down.
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Market Watch: Bourse fails to lift off despite friendly budget
Decline in regional peers, foreign selling pull market down.
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All-out help: Iran offers to finance entire gas pipeline
US opposition has made it impossible for Pakistan to find a willing investor for its part of the pipeline.
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Iranian cell-phone carrier obtained banned US technology
MTN Irancell managed to obtain sophisticated US computer equipment despite sanctions.
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Adverse climatic conditions hit mango production
Pakistan’s recent inroads into US and Japan markets may be lost.
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Diversification in Saudi economy has a long way to go
Education, development spending will bode well for diversification.
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A ‘brighter’ Pakistan: microcredit for clean energy
Small loans may be one viable solution to Pakistan’s energy needs.
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Exploiting our untapped hydropower resources
In the words of Hafeez Shaikh, ‘when people demand electricity, they actually mean cheap electricity’.
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Rising incidents of bank robberies
Banks play an important role and their security should be ensured.
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Lucrative business: Natural gas - a multibillion dollar cash cow
Natural gas will be Pakistan’s safety net as we diversify our energy mix.
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Identity crisis: Islamic banking - in search of a lost soul
If reforms are not implemented, the idea of Islamic finance may die in infancy.
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Asia struggles to ward off impact of European crisis
Asian stocks have taken a further hit as Europe's debt crisis came back into sharp focus.
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Opposition critiques: PML-N rejects govt’s claims of economic stability
Ishaq Dar says national debt has doubled to Rs12 trillion during the govt’s tenure.
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Budget Reaction: ‘Use BISP funds to solve power crisis’
Businessmen say government had not provided any substantial solution to the power crises.
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Construction industry: Stakeholders reject govt’s growth claims
Industry grew by 6.46% against last year’s negative growth of 7.09%.
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Fire near Tarbela sparks calls for in-depth analysis
WAPDA chairman lays stress on safety and protection of project.
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Budget: The beneficiaries in the corporate world
Cement gets a good deal while fertiliser’s dark days continue.
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Budget: Energy crisis cause of all problems
Despite failing to address key issues, fixes for ailing departments, SCCI President says budget is balanced.
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Legal notice: PTA moves to end SMS-based prize winning schemes
Cellular operators ignore guidelines as regulator has no ruling on the subject.
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Weekly review: Market bucks tradition ahead of budget
Daily average value of shares traded increases 6% to $58 million.
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Budget: Allocation for water resources sees dip in next fiscal
13% of development budget set aside for water programmes.
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Triumph over inflation not yet within sight
Surges 12.3% in May; data indicates price pressure may continue next fiscal year.
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Govt earmarks Rs208.5b for subsidy in 2012-13
Power sector will receive a big chunk of Rs135b.
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Market watch: Stocks open June with hopes pinned on budget
Benchmark KSE-100 index gains 90 points.
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As elections approach, govt boosts development spending by a fifth
Development budget enhanced by Rs143 billion to Rs873 billion.
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Marginal taxation for salaried class - more work for FBR
Real estate sector brought into tax net; revenue targets enhanced 22%.
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Interest payments: Keeping tradition, more than a third goes to debt servicing
Foreign debt repayments of $2.3b due this year, local debt keeps getting shorter in tenure.
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Analysis: Politically confident, PPP manages to resist the ‘awami’ itch
Budget appears to be targeted towards satisfying not the average Pakistani voter but the executive board of the IMF.
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World growth at risk as US employment stumbles
US economy added just 69,000 jobs in May, less than half what analysts expected.
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Budget: Funds allocation for Public Sector Development Programme
Around Rs3.205 billion allocated to the Defence Division, Rs15.800 billion to Higher Education Commission.
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Budget 2012-13 speech: Tax base to be increased by Rs45 billion
Express News obtains copy of Budget speech. Tax base to be increased by bringing in new taxpayers.
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Boosting ties: Pakistan, EU to launch ‘strategic dialogue’ in coming week
The two sides will also debate Five-Year Engagement Plan concluded in January 2012.
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Global price decline: Govt brings petrol price back under Rs100
New mechanism implemented for revising oil prices on a fortnightly basis.
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PPL granted exploration licence in eastern Iraq
Pakistan Petroleum wins gas Block 8 in Diyala and Wasit provinces.
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SBP governor clarifies Wall Street Journal story
Says Pakistan faces no risk in making IMF repayments.
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Market watch: Stocks slide ahead of budgetary announcements
Benchmark KSE-100 index falls 85 points.
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Energy: Power crisis bites 2% off GDP annually
730,000 new consumers added despite electricity shortfall.
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Budget: Govt hopes to fetch revenues of Rs300b from oil, gas industry
Gas infrastructure cess likely to be increased to finance pipeline projects.
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Agreement to import 1,000MW from Iran inked
Project completion to take three years; Iran to provide 70% funding.
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Manufacturing: Growth in food and pharmaceuticals masks otherwise dismal year
While activity picked up slightly in 2012, most subsectors are still contracting.

















































