Date archive forFebruary 18th, 2012
By admin On Saturday, February 18th, 2012
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Parent-child bonding vital

Alarming results have been revealed in a study conducted in the UAE to review child protection standards: drug and alcohol addictions are on the rise. The increasing use of such destructive substances often leads More...

By admin On Saturday, February 18th, 2012
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Rates for conversion of FCD, DBC/ FCBC, US dollar bonds

KARACHI: The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profits thereon More...

By admin On Saturday, February 18th, 2012
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Fool’s Gold? Reko Diq rift exposes investor risk

ISLAMABAD: Reko Diq, an untapped copper and gold mine of fabulous potential, was meant to be the biggest foreign investment in the country’s mining sector, but it’s beginning to look more like fool’s gold More...

By admin On Saturday, February 18th, 2012
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Current account deficit widens to $305mn

KARACHI: Pakistan’s current accountdeficit widened to a provisional $305 million in January 2012, compared with an $118 million shortfall in January 2011, the State Bank of Pakistan said on Friday. The current More...

By admin On Saturday, February 18th, 2012
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Karachi stocks scale a 7-1/2-month high

KARACHI: Stocks at the local capital market ended on a seven-and-a-half month highyesterday, and in healthy turnover, led by Engro Corp after it announced a higher than expected full year result, dealers said. Engro More...

By admin On Saturday, February 18th, 2012
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Farooq H. Naek presiding over a Senate House Business Advisory

ISLAMABAD: Chairman Senate Farooq H. Naek presiding over a Senate House Business Advisory Committee meeting at Parliament House.    More...

By admin On Saturday, February 18th, 2012
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NBP leads in agri credit financing

ISLAMABAD: National Bank of Pakistan (NPB) has disbursed Rs42.5 billion among nearly 252,000 farmers, against a target of Rs41 billion in 2011-12 leading in terms of agricultural credit among the financial institutions. National More...

By admin On Saturday, February 18th, 2012
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Cross-Loc traders threaten to suspend trade

POONCH: In occupied Kashmir, dissatisfied with the functioning of Customs and Custodian departments, the Cross-LoC Trade Association has threatened to suspend the trade across the Line of Control. According to More...

By admin On Saturday, February 18th, 2012
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Weekly inflation witnesses nominal increases

ISLAMABAD: The Sensitive Price Indicator (SPI), for the week ended on February 16, for the lowest income group up to Rs8,000, has registered nominal increase of 0.11 per cent over the previous week. The SPI for More...

By admin On Saturday, February 18th, 2012
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SBP injects Rs342 bln in market

KARACHI: State Bank of Pakistan (SBP) in its reverse repo open market operation in treasury bills and Pakistan Investment Bond injected Rs 342 billion on February 17, 2012. According to SBP here Tuesday, the offered More...

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