Betting on the settlement of circular debt that will relieve the entire energy chain, shareholders in Karachi Electric Supply Corporation are feeling perkier than ever before. The firms stock has been rallying of late, mostly on the pretext of expected reforms by the incoming government in both generation and distribution sector.
Punjabs third-time Chief Minister Shahbaz Sharif is not known for mincing his words. His can-do approach and affinity for personally leading the charge in government initiatives is familiar to all; but then so is the fact that he often promises the moon in his enthusiasm.
Nawaz Sharif made history yesterday by taking charge of the country for the third time. Investors and businesses are expecting the seasoned politician to spur economic activities by channeling the right policies.
You may as well call it the coolest metal; silver boasts the highest thermal and electrical conductivity among all known metals. In simple words, its distinguishable as the metal that would heat up least for a given measure of heat passed through it.
Despite massive under utilisation of PSDP funds during FY13 so far, cement dispatches in the country have stayed firm. Recall that the PSDP funding went beyond 100 percent of the total allocation in FY12, whereas for 10MFY13, the PSDP release has so far been only 57 percent.