The State Bank has kept discount rates at rate 12.5% for the next two months.The Governor of State Bank, Saleem Raza announced the monetary policy for the next two months. He announced that the agriculture sector would improve and growth rate of large scale manufacturing was recorded at 0.7%. The recovery on global front...
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Archive for January, 2010
Monetary Policy: Discount rate kept constant at 12.5%
Sargodha: Trader injures servant in shooting practice
A trader in Kot Moman village of Sargodha injured a servant as a bullet hit his head while shooting practice on Saturday. The trader was doing a shooting practice putting bowl on his servant Sheikh Hasnain Bilals head. Dunya News team harassed when they reached General Hospital for reporting. The servants condition was critical...
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Bajaur: 16 killed in suicide attack in Khar
At least 16 persons including 2 officials have been killed and several others sustained injuries in a suicide attack in Khar area of Bajaur Agency on Saturday, Dunya News reported. According to sources, suicide attackers blew himself up near a check post in Khar area. Security forces imposed curfew and cordoned off the area....
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European leaders deny rumors of a Greek bailout by China
Top European officials said that there was no chance of a Greek default or an EU bailout, and the country’s prime minister promised to push ahead with plans to cut its sky-high debt. Greek Prime Minister George Papandreou told reporters at the World Economic Forum in Davos he was focussed on cutting the...
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France moves closer to Muslim face veil ban
French Prime Minister Francois Fillon asked France’s top court to help the government draft a law banning the full Islamic veil. The State Council is to submit its findings by the end of March. Fillon wrote to the State Council, the country’s highest administrative court, asking it to study the legal solutions enabling us...
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