Islamabad: President Asif Ali Zardari has reiterated that it was shared responsibility of the international community to assist Pakistan in its fight against militants as this ‘Frankenstein’ was once created [...]
Read More »Daily Archives: October 5, 2011
President directed to form a committee comprising of secretaries of agriculture departments of Punjab and Sindh
Islamabad: President Asif Ali Zardari today directed to form a committee comprising of secretaries of agriculture departments of Punjab and Sindh to recommend measures for meeting the seed requirements of [...]
Read More »AKD Quotidian about —: PSMC: Reinitiating Coverage
Karachi: AKD Securities reinitiates coverage on Pak Suzuki Motor Company (PSMC) with a target price of PkR8O/share and a Buy rating. According to AKD Securities, while lower interest rates may not revive auto financing just yet, AKD Securities believes PSMC is poised to deliver bumper earnings growth across CYIIF/CYI2F courtesy …
Read More »Morning Call about Inflation and Monetary Policy Expectation – Arif Habib Limited
Karachi: Declining CPI Inflation warrants a 50-100bps cut in the reference rate CPI headline Inflation rose by 1.03% MoM According to Arif Habib Securities, the headline inflation continues to surprise the market expectations, which remained weak for the month of Sep’11, falling to 10.46%YoY against a consensus median forecast: 10.7%. …
Read More »PkR 400bn bank advances to convert into PIBs and T-bills – Alfalah Securities Limited
Karachi: The government has finally been successful in yielding a win-win situation with the banks on account of resolving the circular debt of the power sector as the banks agreed to convert their sovereign notes into Pakistan Investment Bonds (PIBs) and Market treasury bills (T-Bills) of worth PkR 400bn, offered …
Read More »Prime Minister Approves Up-Gradation of the Posts of Teachers, Under Federal Directorate of Education
Islamabad: Prime Minister Syed Yusuf Raza Gilani has approved the up-gradation of the posts of all teachers, including PTIs, working in BS-16 prior to 01-01-2011 under Federal Directorate of Education, [...]
Read More »Pakistan’s support for Kashmiri people is unwavering: Prime Minister Azad Jammu and Kashmir Budget for 2011-12 approved
Islamabad: While addressing the AJ and K Council Session, which met here today under the chairmanship of the Prime Minister to approve the AJ and K budget for the year [...]
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