Islamabad—The
government would provide 69,272 metric tons
sugar at Rs. 38 per kg through Utility Stores
Corporation (USC) network for 30-40 days to
fulfill the domestic sugar consumption across
the country. The commodity would be available
for the masses at all utility stores outlets
across the country from November 15, from 1.00
p.m. to 3.00 p.m. daily, with separate counters
for women.
Lahore—All Pakistan CNG Association put off
strike call after receiving an offer from the
Petroleum Ministry for holding dialogue at
Islamabad on Friday to find a way out of the
issue. Ghiyas Abdullah Paracha Chairman All
Pakistan CNG Association announced this while
addressing a press conference here on Thursday.
Peshawar—Chief Manager State Bank Peshawar
Taslim Kazi Thursday visited union councils
Nawan Killi in Swabi and UC Charghulai in Mardan
Districts to monitor progress of the programme
regarding agriculture loans to the farmers under
one window operation for boosting Agri-production
Deputy Chief Manager Abid Hussain accompanied
the Chief Manager. They also visited agriculture
office, Hathian and Takht Bhai tehsil in this
connection.
Karachi —Despite rupee depreciation which forced
the automobile companies to increase price by
1-5 percent of their makes, the sales of locally
assembled cars and LCV has shown a surprise jump
of 24% to 12,287 units in October 2009. The fear
of another round of Rupee depreciation is
however haunting the nerves especially of those
industries which heavily rely on imported raw
material or parts like automobile sector.
London—Oil weakened on Thursday as traders
awaited the weekly update on US crude reserves,
and mulled the latest assessment of global oil
demand from the International Energy Agency. New
York’s main contract, light sweet crude for
delivery in December, shed 41 cents to 78.87
dollars a barrel. Brent North Sea crude for
December delivery dipped 30 cents to 77.65
dollars per barrel in London trading.
