Sanie Khan
MAJOR NEWS TODAY
1. PM gives another chance to talks with Taliban
2. India still interested in Pak-Iran gas project
3. Finance Minster says foreign exchange reserves will be in double digits by March 2014 and to USD16bn by the end of current year
4. Privatization of four PSEs by June 30; three banks and OGDC won’t be sold to IFC through process of sole offering
5. Finance Minster asks ministries to send PSDP plans within 3 days
6. FBR provisionally collects Rs1.156trn in 7MFY14, up 17%YoY
7. SBP allows trading of government securities on bourses
8. Consultants paint bleak picture for the auction of 3G/4G auction
9. Finance Minster seeks proposals from OMCs and refineries on the present pattern of oil import and steps to streamline it
10. NEPRA raises power tariff by Rs1.08/unit for DISCOs
11. Government raises Rs199bn through PIBs; cut-off yields decline by 0 to 0.38bps
12. Ministry expecting Rs627mn from release of imported cars
13. EDB displeased with local assemblers
14. Telenor LDI Communications exits ICH
15. Grey trafficking thrives; as Pakistani and Saudi operators yet to solve rates issue
16. PTC to invest in largest submarine cable system
Syed Zaki Hussain
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