Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
It was recently revealed from Karachi that the State Bank of Pakistan is almost on the verge of making the new monetary policy and it is going to reveal it as soon as May 16, 2014. Analysts claim that all expectations regarding the cutting of discount rates have died down. Since currently Pakistan has a […]
Foreign Investment goes down by 65pc in first 9 months of the fiscal year Karachi: (Wednesday, April 18, 2012) The ongoing fiscal year has been worst in terms of attracting foreign investment to Pakistan as from July 2011 to March 2012, in the first 9 months of the year, it has drastically fell by 65 […]
Financial position of Punjab stabilizes Lahore: (Wednesday, January 04, 2012) despite considerable spending of around 145 billion on development projects, Punjab’s financial position has stabilized during the past one year. The province had been under pressure since 2009 when its overdraft from State Bank of Pakistan reached Rs 51 billion, which reduced the pace of […]
The State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% (150 bps) in a bid to kick-start economic activity in the country. However, how far this move will help in facilitating the aim is still not certain. This cut, the biggest of its kind in over […]
The State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% (150 bps) in a bid to kick-start economic activity in the country. However, how far this move will help in facilitating the aim is still not certain. This cut, the biggest of its kind in over […]
The State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% (150 bps) in a bid to kick-start economic activity in the country. However, how far this move will help in facilitating the aim is still not certain. This cut, the biggest of its kind in over […]
The State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% (150 bps) in a bid to kick-start economic activity in the country. However, how far this move will help in facilitating the aim is still not certain. This cut, the biggest of its kind in over […]
The State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% (150 bps) in a bid to kick-start economic activity in the country. However, how far this move will help in facilitating the aim is still not certain. This cut, the biggest of its kind in over […]
The State Bank of Pakistan announced its monetary policy today, but did not change the discount rate, keeping it unchanged at 12-percent. This was largely expected due to talks of rupee getting depriciated and rising inflation. Earlier, the State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by […]
The State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% (150 bps) in a bid to kick-start economic activity in the country. However, how far this move will help in facilitating the aim is still not certain. This cut, the biggest of its kind in over […]
Major shareholder abandons Hubco; 140 million shares sold for $60 million The rumours finally materialised last week when Xenel industries of Saudi Arabia actually sold out its entire holding in the Hub Power Company, Pakistan’s Largest Independent Power Plant, to quit its investment from Pakistan. Xenel sold its 140 million shares in Hubco for $60 […]
