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Archive for the January 12, 2016

    • News Desk
    • Jan 12th, 2016
    • Comments Off on Understanding current account balance

    There is a general perception among economic reporters and economic analysts in both print and electronic media that surplus in current account is highly desirable and a sign of economic prudence. Even a low current

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  • Until the Soviet invasion of Afghanistan, and the US-Saudi strategy of creating the Mujahidin as their proxy to confront the Soviet Union, history of terrorism was different. The Indian National Army, Maoist, and the Naxalite,

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    • News Desk
    • Jan 12th, 2016
    • Comments Off on Control over Gwadar port: APC has gone too far

    The smaller provinces concerns over the implementation of China-Pak Economic Corridor (CPEC) are beginning to spill over into the broader political arena, bringing into question even settled constitutional issues. As expected, Sunday's All-Party Conference in

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  • Auditor General of Pakistan (AGP) disturbingly revealed in a special audit that the total stock of power sector circular debt is more than 690 billion rupees at present. The report further maintains that the incoming

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    • News Desk
    • Jan 12th, 2016
    • Comments Off on India sentences 35 crew of US anti-piracy ship

    An Indian court Monday sentenced 35 sailors, including several from Britain, Estonia and Ukraine, for illegally entering Indian waters carrying weapons aboard a US-operated anti-piracy boat in 2013. A judge in India's southern state of

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    • News Desk
    • Jan 12th, 2016
    • Comments Off on India sentences 35 crew of US anti-piracy ship

    An Indian court Monday sentenced 35 sailors, including several from Britain, Estonia and Ukraine, for illegally entering Indian waters carrying weapons aboard a US-operated anti-piracy boat in 2013. A judge in India's southern state of

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    • News Desk
    • Jan 12th, 2016
    • Comments Off on PRISM fund transfers facility: SBP urges instant steps to ensure availability

    In order to promote the third party fund transfers through Pakistan Real-time Interbank Settlement Mechanism (PRISM), the State Bank of Pakistan (SBP) on Monday asked participant institutions to take immediate measures for ensuring availability of

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    • News Desk
    • Jan 12th, 2016
    • Comments Off on PRISM fund transfers facility: SBP urges instant steps to ensure availability

    In order to promote the third party fund transfers through Pakistan Real-time Interbank Settlement Mechanism (PRISM), the State Bank of Pakistan (SBP) on Monday asked participant institutions to take immediate measures for ensuring availability of

    Read More

    • News Desk
    • Jan 12th, 2016
    • Comments Off on PRISM fund transfers facility: SBP urges instant steps to ensure availability

    In order to promote the third party fund transfers through Pakistan Real-time Interbank Settlement Mechanism (PRISM), the State Bank of Pakistan (SBP) on Monday asked participant institutions to take immediate measures for ensuring availability of

    Read More

    • News Desk
    • Jan 12th, 2016
    • Comments Off on Legendary British rock star David Bowie dies

    Legendary British rock star David Bowie, who framed hits such as "Ziggy Stardust" with daringly androgynous displays of sexuality and glittering costumes, has died of cancer aged 69. A chameleon visionary, Bowie straddled the worlds

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