Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Irsa delays assessment of water till March 26 Saturday, March 17, 2012: Irsa (Indus River System Authority) has delayed its evaluation of water availability for the upcoming crop season. Irsa’s technical committee were scheduled to meet on Saturday and give their judgment about the condition of water in the country. But the committe has decided […]
Farmers in Sindh likely to face water shortage of around 40 to 50 per cent in April Friday, March 16, 2012: As per commendable sources, Water levels in Mangla and Tarbela reservoirs have reached an alarming level. If the problem persists, the farmers in Sindh will face a water shortage of around 40 to 50 […]
Federal Reserve picked the brain of a wise man when they started taking the US banking system seriously. Oh! Or was it the 2008 economic crisis that forced them to think straight? Whatever the case was, the US central bank has taken a serious notice of the US banks and late in 2011, laid out […]
Bank of America BofA cleared the stress test with 5.9% capital ratio. It is not believed to have proposed any additional capital returns after proposed dividend hike was rejected in 2011. Capital One Financial The institute passed stress test with 7.8% capital ratio. Regions Financial The bank passed stress test with 6.6% capital ratio, announced […]
JPMorgan Chase One of the too big to fail, passed stress test with 5.4% capital ratio under stressed scenario, including proposed captal actions through 2013. Increased its dividend 20% to 30 cents per share, from 25 cents, authorized a $15 billion stock buyback. US Bancorp With a margin US Bancorp passed stress test with 5.4% […]
General Tyres considering production of motorcycle tyres Thursday, March 15, 2012: Pakistan’s leading tyre manufacturers, General Tyres, is considering the production of motorcycle tyres as it looks to expanding its production line. The company has already entered the market of tyres for CNG rickshaws. It is estimated that General Tyres will invest somewhere around Rs500 […]
Why Pakistan needs 40 hour Work Weeks After the division of United India, Pakistan and Hindustan were two countries that basically based all their principles and civil workings the way the British had created them to be. The only thing the people of the subcontinent failed to implement were, proper working hours in the civil […]
Economic Coordination Committee seeks new funding options for Pak-Iran gas pipeline Wednesday, March 14, 2012: Pak-Iran gas pipeline has received yet another setback, as the Chinese bank (Industrial and Commercial Bank of China) backed off from financing for the project due to increasing pressure from the United States of America (USA). For the very reason, […]
Women employability in post war scenario After the fall of twin-towers in New York, USA, the undisputed leader of the then uni-polar world, blaming Alqaeda leaders for the incident, decided to engage in pursuit of the guilty in Afghanistan. The decision to uproot the potential terrorists’ nursery and to make this world a safer place […]
Farmers growing Sugar Cane discouraged by low prices Monday, March 12, 2012: Farmers growing Sugar Cane in Pakistan (mostly Punjab) are considering a shift to some other commodity in next season after the product fetched low prices in the commodity markets. Farmers produced Sugar cane in large numbers more than the demand for the […]
Dubai is getting back on the track and last year, it departed the lone and dreary junction of financial crisis with a long honk. The once business and tourism hub of the United Arab Emirates fell victim to the devouring 2008 crisis. That year and the following two saw the city’s economy go into free […]
Moreover, Dubai is also continuing to invest in infrastructure to finish what it started. Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum approved a $7.8 billion expansion plan for Dubai’s two airports to boost annual capacity to 75 million travellers by 2012 and to 90 million by 2018, Paul Griffiths, chief executive officer of Dubai […]
