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Indian stocks fall nearly 3% on opening
The benchmark 30-share Sensex on the Bombay Stock Exchange lost 505.89 points.
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Govt to create deputy MD post in oil, gas companies
They will take charge in absence of managing directors.
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Investment in productive sectors urged
Government to consider setting up economic zone in Rawalpindi.
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Gold prices hit new peak
Prices per tola (11.7 grams) of the precious metal rose to Rs54,850 from Saturday’s level of Rs53,500.
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Tariff Hike: Industries criticise water board
Business lament how despite regular payments, their water supply remains irregular.
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Thirteen new seed varieties approved
Seeds give better yield and are resistant to diseases.
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Corporate results: Bank Alfalah profits skyrocket
Alfalah profits rose 76% after higher net interest income on the back of better returns on assets.
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Traders see 10% increase in exports in FY12
Exporters asked to increase trade with India.
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Business community: Local bodies system cautiously welcomed
Political uncertainty causes concern.
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Defensive stocks in times of uncertainty
Topline Securities identifies firms immune to global market shocks.
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Market watch: Stock market makes gains against odds
Benchmark KSE-100 index rises 29 points.
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Swelling circular debt: Power plants may shut down in 10 days
Immediate injection of Rs150b needed to keep the lights running.
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US stocks plummet as uncertainty grips world markets
Dow fell 500 points, and world markets plummeted even as President Obama announced plans for new financial measures.
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Only 13% of Pakistanis 'dissatisfied' with telcos: Poll
Minority dissatisfied with their service, 45% express high satisfaction.
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Mobile handset imports close to Rs45b in 2010-11
70% growth registered for fiscal year 2010-11, more than 80% handset imports carried out from China.
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S&P says Asia-Pacific sovereign ratings safe
Nations vulnerable to disruptions were listed as Pakistan, Sri Lanka, Fiji, Australia, New Zealand, Indonesia.
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The week in focus
Central bank’s decision to cut its policy rate seems to be a good step, but it wont make much of a difference.
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Boeing unveils first Dreamliner for delivery
Jet promises operators 20% greater fuel efficiency.
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At the crossroads: China remodels Silk Road city but scars run deep
Kashgar has been designated a special economic zone.
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Quota for disable goes unfulfilled
People with disabilities being ignored by govt and private sector alike.
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Guarantees rejected: $775m deal between BP and UEG at risk
‘Cartel of companies lobbying to scrap the deal’.
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Agricultural credit falling short of demand
Institutions continue to allocate minimal resources to this key sector.
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Reverberations continue: Selloff expected to continue at KSE today
Analysts, however, say that now is a good time to start buying blue-chip stocks on the cheap.
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Soft loans: ‘State Bank needs to increase access for SMEs’
Banks should provide soft credits and initiate special schemes.
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Second Straight Day: Gold prices hit new peak
Gold prices have hit new peaks seven times in the last 26 days on the back of high global prices.
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Epic fail: ‘Factors fuelling food inflation beyond govt’s control'
Shortages and high grain rates in global market behind price rise: monitoring body.
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Ogra to announce gas price increase tomorrow
Tariff will rise by 13.55% for all categories of consumers.
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Market suffers worst slide in two years
KSE-100 index shed 6.7%, amid massive global sell-off.
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US loses AAA rating for first time
Standard and Poor lowers US rating from triple-A to AA+, citing looming deficit burden, weak policy-making process.
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LPG prices go up 8.5%
Ogra bumps up LPG price by Rs9 per kg.
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Korean firm to invest $200m in Tuwairqi Steel
Posco and Al Tuwairqi to sign deal by next month.
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President for speeding up work on Yamaha plant
Venture will ease pressure on public transport.
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Intellectual property: Pakistani ripoff of Australian game tops among Blackberry users
Pepper.pk’s game is exactly the same as an iPhone game.
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For sale: Govt to let go of two state-owned companies
Cabinet panel decides to sell entire stake in National Power Construction Corporation, Heavy Electrical Complex.
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Analysis: Local investors confused and concerned
Investors in Pakistan are confused as to what will happen if local bourses see similar selling by foreigners
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Analysis: Fear of a second global recession hits KSE
Friday’s sell-off in stock markets is a stark reminder of global linkages that continue to bind.
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Peer pressure: Stock market nosedives amid global sell-off
KSE benchmark index falls 4%.
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Smart Card solution for transparent BISP funds transfer
Success of pilot project in four districts encouraged implementation of smart cards and ATM access across the country.
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Pakistan IT firm tops world ranking with BlackBerry game
Lahore-based Pepper.pk makes it to the number one spot with Ninja Fruit Bash.
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Railways gets bailout, but with strings attached
Of the Rs11 billion about Rs6 billion will be arranged as loans from commercial banks backed by a sovereign guarantee
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Chartered Accountants: Amendments to ordinance approved
Changes include empowering the council to make a final decision instead of referring matters to the high court
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All dividend warrants to be cross-checked: SECP
All listed companies to issue dividend warrants only in the name of the registered members crossed as “A/C payee only”
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Government delays monetisation plan
Provinces input is awaited, plan may come into force in Sept.
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WTO standards: Ministry official urges production reform
Technical standards are a matter of great significance: expert.
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SSGC recovers Rs1b from defaulters
Drive against default and gas theft will continue.
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Market watch: Bourse continues downward trend
KSE benchmark index falls 95 points.
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Banks achieve 97% of agri credit target
Loans worth Rs263b given to farmers in 2010-11.
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Forex reserves rise to record $18.31b
Loans, exports and remittances provided support.
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Why did State Bank cut interest rate?
Inflation may rise again in second half due to base effect.
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Gold and copper: Compromise in sight for Reko Diq mines
Chinese firm offers to build smelting and refining facility, leaving mining to Tethyan.