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News for Tuesday, 31 Jan 2012

MNAs asked to stop pressurising for rural gas provision

A heated debate took place between the parliamentarians and officials of the petroleum ministry on Tuesday, with politicians demanding supply of natural gas to their constituencies while officials vehemently opposing...

Zia-ul-Mustafa Awan elected President ICMAP

National Council of the Institute has recently elected Mr Zia-ul-Mustafa Awan as President of the ICMAP for the period 2012-2014. He is the youngest ever president elected by the institute’s...

Financial constraints of Thar project in President’s notice

President Asif Ali Zardari, has taken notice of the financial constraints of the country’s only “Underground Coal Gasification” (UCG) project at Thar which is feared to collapse if the required...

Index ends flat after top stocks restrict movement

The benchmark raced towards the north and kissed a level of 11,977 level, but soon after selling in various top tier stocks restricted the benchmark movement. Once again volume slide...

Farmers urge govt to focus on research

Pakistan is blessed with the best possible natural resources and weather, but agriculture production of the country is almost 40 per cent less in comparison to neighbouring countries in the...

Agri forum for rice, oil barter with Iran

Agri Forum Pakistan has urged the government to import oil from Iran and export rice and kinnow under barter system to save precious foreign exchange as well as providing cheaper...

Pakistan 2nd on world’s worn-clothes importers list

Pakistan has become the second largest importer of the used clothes as a backbreaking double-digit inflation in the country continues to render even the higher income groups as cash-strapped. With...

Govt borrows 142pc more from banks

The funds-starved government’s budgetary borrowings from the banking system, continued its northward journey, and marked a massive increase of 142 per cent during last six and half months of the...

LPG prices hit record high

The February Saudi Aramco Contract Price for LPG soared to a record high of $1028 per tonne yesterday. This represents an increase of $142 per tonne from the price of...

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