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In July consumer price index is at 31 months low and is in single digit for the first time in this calendar year. With inflation arguably the paramount factor in fixing the policy rate; a cut of 50-100 bps in Fridays monetary policy announcement is echoing the market.
Corporate Social Responsibility is one of the widely used business terms, with various interpretations depending on social, environmental and business contexts. Thanks to its self-regulating and non-codified nature, the scope of CSR activities has continuously evolved since its emergence in the 60s.
Thriving on its vast pool of low cost deposits and higher operational efficiency, MCB Bank Limited the countrys fourth largest bank by asset size, rewarded its shareholders with fat bottom-line. The growth in profitability stems from a combination of higher non mark-up income and a significant decline in provisioning cost.
If theres one thing Greece should get adulations for, its the countrys ability to somehow make it to news headlines more frequently than any other Euro zone nation. This time, it was the transfer of Euro eight million of personal savings by the former head of a Greek State Bank to London that had international media abuzz.
The emergence of a plethora of television channels in Pakistan has come in tandem with a growing fixation among Pakistanis for TV. But at no time of the year is the nations love for TV more striking than during Ramazan.
Pounded by ambiguity surrounding the global economic outlook in various parts of the world, investors in gold are searching for clues to set the future direction for the price of the precious metal.
In a continued tussle between the judiciary and executive - the Supreme Court is one up. It outlawed the new contempt of court act passed by the parliament last month.


Index Closing Chg%
Arrow DJIA 17,031.14 0.26
Arrow Nasdaq 4,518.90 1.07
Arrow S&P 1,984.13 0.07
Arrow FTSE 6,804.21 0.04
Arrow DAX 9,659.63 0.09
Arrow CAC-40 4,428.63 0.29
Arrow Nikkei 15,948.29 0.25
Arrow H.Seng 24,356.99 0.97
Arrow Sensex 26,816.56 0.90

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln