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Thursday, 23 May 2013 1:02 am
High 14 oC - Low 7 oC
News for Thursday, 1 Jan 1970
Sindh Bank posts pre-tax profit of Rs 628.32 million
Sindh Bank Limited posted an operating profit of Rs. 628.32 million and an after-tax profit of Rs. 408.57 million during the period from 29th October 2010 to 30th June 2011....
China and Pakistan agree to look into launching joint social sector projects
Federal Minister and Chairperson Benazir Income Support Programme (BISP), Madame Farzana Raja, during her current visit to China met Chairperson China Women Federation (CWF), Ms. Meng Xiaosi in Beijing and...
Euro struggles versus dollar
The euro fell broadly on Tuesday after it broke below a key technical level against the dollar and as it continued to be affected by bickering between euro zone countries...
Bank of America to sell China bank stake for $8.3 billion
Bank of America Corp is selling about half its stake in China Construction Bank for $8.3 billion, in its latest effort to shed assets and boost capital. A group of...
Establishing trust in ICT’s
The world has moved from stand alone desktop computers to interconnected, decentralised global networks. The phenomenal growth of the internet and the advent of mobile phones has reinforced the economic...
ATMs a recurring Eid disappointment
Despite strict warning from the State Bank of Pakistan (SBP) commercial banks failed to keep their automated teller machines (ATMs) functional on the eve of Eid-ul-Fitr, which caused severe problem...
Non traditional avenues of revenue
With our traditional revenue generators – tax receipts and export earnings – failing to provide the economy with the necessary fiscal space to snap out of the current stagflation cycle,...
Aggregate deposit growth increases, credit offtake down
Recently released sector data shows aggregate deposit growth are up 4.1 per cent YTD (till Aug 19, 2011) driven by high NDA (Net Domestic Assets), while credit offtake remained subdued,...
Sindh Bank posts pre-tax profit of Rs628m
Sindh Bank Limited posted an operating profit of Rs628.32 million and an after-tax profit of Rs408.57 million during the period from 29th October 2010 to 30th June 2011. A spokesman...
Latest News
- FBI shoots, kills man linked to Boston bomb suspect
- China to be Pakistan’s friend, come rain or shine
- Karachi re-polling: PTI leads as MQM condemns ‘fake’ re-balloting
- Sherry Rehman resigns as ambassador to US
- Sit-ins across country over ‘polls rigging’
- Emergency imposed in Karachi
- Protest erupt over rigging allegations
- Eight killed as LDA plaza goes up in flames
- Gunmen abduct Gilani’s son, kill his two aides
- Injured Sanaullah succumbs to injuries
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