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Editor’s Choice

IMF & monetary policy of Pakistan

MUHAMMAD NADEEM BHATTI Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the money supply, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. Further goals…
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Do we have any roadmap for higher education in Pakistan?

DR SAEED AKHTAR Pakistani universities have been positioned at the bottom in the performance table in 2019 global ranking of 1,250 universities by Times Higher Education (THE) with only three national universities viz COMSAT University Islamabad placed at601-800, University of Agriculture Faisalabad and National University of Sciences and…
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Italian Kariba, Fiore launch products in Pakistan

Irfan Athar Qazi / M J Hayat: Italian companies, Kariba and Fiore Rubinetterie have launched their top products of Kevon, Katana, Kayama and Series in Pakistan in collaboration with Sagheer & Co here at the Fallet’s. Large numbers of dealers of centenary products were present on the occasion. "Mainly we have launched mixture for kitchen…
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Pakistan’s Defence Day and upcoming security challenges

FAISAL ALI GHUMMAN The people and Armed Forces of the Islamic Republic of Pakistan are going to celebrate the 53rd Defence Day on September 6 with a renewed commitment and ray of hope. The day remembered in the history of armed forces as a victorious day when our soldiers fought fearlessly against Indian forces in 1965 and pushed them back from…
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NBP shareholders denied dividend, amid 47 pc growth in profit

M J Hayat LAHORE: Despite earning a huge profit of Rs 12.73 billion for the half year ended on June 2018, the board of directors of the National bank of Pakistan have not declared any cash dividend, Bonus issue, right share or any other entitlement. According to the financial accounts for the period under review the NBP earned huge profit…
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MCB Bank board of directors okays half yearly accounts

By M J Hayat LAHORE: The Board of Directors of MCB Bank Limited, met under the chairmanship of Mian Mohammad Mansha on Wednesday to review the performance of the Bank and approved the financial statements for the half year ended June 30, 2018. During the six months period ended June 30, 2018, MCB Bank Limited reported Profit Before Tax (PBT) of…
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