Economic and Finance News
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Cut in interest rate settles badla rate in 14 percent range
KARACHI (November 25 2002) : The badla rate at the Karachi Stock Exchange (KSE) was in the range of 14…
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Saudi aide denies money link to September 11 hijackers
WASHINGTON (November 25 2002) : An aide to Crown Prince Abdullah denied on Saturday that the Saudi government had sent…
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Pak-Afghan trade relations becoming tense
ISLAMABAD (November 24 2002) : Trade relations between Pakistan and Afghanistan have become tense as Kabul has refused to welcome…
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O'Neill says poverty, terror a challenge in Asia
NEW DELHI (November 25 2002) : Wrapping up a tour of three South Asian nations plagued by poverty and terrorism,…
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Pakistan, UNDP, ILO launch poverty reduction project
ISLAMABAD (November 24 2002) : Pakistan, United Nations Development Programme (UNDP) and International Labour Organisation (ILO) have launched a joint…
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CBR launches tea traders' registration drive for general sales tax
ISLAMABAD (November 23 2002) : Taking a major step to broaden the general sales tax (GST) base, the federal tax…
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Balloting of Income Tax returns for total audit on November 27
ISLAMABAD (November 23 2002) : The Central Board of Revenue (CBR) would hold computer balloting on November 27, 2002 for…
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Karachi Electric Supply granted power generation licence
ISLAMABAD (November 21 2002) : The National Electric Power Regulatory Authority (Nepra) has granted generation licence to Karachi Electric Supply…
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Borrowing for budgetary support stays at Rs 3.16 billion
ISLAMABAD (November 21 2002) : The government borrowing for budgetary support remained at Rs 3.16 billion, which had federal government…
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Dollar targeted at Rs 57.20
KARACHI (November 21 2002) : In the inter-bank market, the wobbly dollar, after hitting 22-month low at Rs 58.35 made…