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News for Saturday, 9 Apr 2011

Remittances cross $1b benchmark in March

KARACHI - Overseas Pakistani workers remitted a historic $1,052.88 million in March, 2011 compared to $763.72 million in the same month of the last fiscal year (March 2010), showing a...

KSE jittery, fails to reach 12,000 points

KARACHI - Investors seemed skeptical about the benchmark index performance; hence average daily volumes remained at lower levels of 73 million shares in contrast with the current average daily volume...

Weekly inflation increases by 0.48pc

ISLAMABAD - The Sensitive Price Indicator (SPI), for the week ended 07 April, for the lowest income group up to Rs.3,000, has registered an increase of 0.48 percent over the...

Agriculture based exports rise sharply

ISLAMABAD - Agro-based exports from the country including fruits, vegetables, rice, wheat, wheat flour and others have registered a tremendous increase during last three years.
The country exported about 5.552...

The economy

Projection, in many cases, is reality. The expectation of inflation can drive inflation as much as all the factors that cause inflation in the first place. That is why much...

Innocence lost

The story told by a wannabe suicide bomber who failed to detonate his explosives laden belt is both harrowing and instructive. It is significant because it helps to understand the...

Kalamity Kirkit

Our aversion to reality is incredible. Few accept that we lost the semi-final to India fair and square. Most believe that it was fixed, else how on earth could they...

Yemen toll up as general denies eyeing Saleh seat

SANAA - Protesters kept up the heat on President Ali Abdullah Saleh on Saturday as deaths mounted in the flashpoint city of Taez, even as a dissident general denied aiming...

Bookies and the bathwater

Would you be outraged if someone whispered that Mahendra Singh Dhoni had wagered Rs one crore on an Indian victory in the World Cup? The sententious answer is yes; the...

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