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Few human resource policies receive as much hype as Marissa Mayer, CEO of Yahoo’s recent decision to ban telecommuting at the Company did. Employees are enraged at her decision, as are many critics and commentators.
If elevated interest rates were the only impediment in the way of private sector development and its appetite for credit, the countrys industry would have traversed a long way since the discount rate reductions kicked in.
Categorically, violence and bloodshed have turned Karachi into a city of fright which is being lampooned all across the globe. With ambulance sirens roaring all day long and half the City shut down every other day, shopping and retail business have taken several leaps backwards, among other misfortunes.
The Hurun Global Rich List of 2013 goes to show how the global economic picture is changing. From the rising power of emerging economies, to the greater role of women in business and economy today, the global rich list gives a glimpse of all.
While it seems that with the growing broadband internet and services alike have kept the technology companies at its toes, unfortunately, it is also true that the internet download speeds in the country come nowhere close to the peaks reached elsewhere in the world. Compared to the nascent stages where the country is in terms of internet and broadband technology, the whopping progress of some countries truly sets up a challenging benchmark.
Immediately after the much awaited budget was announced by Indian Finance Minister P Chidambaram, Indian shares went up by 0.35 percent or 67.7 points. Why? Because of some unexpected policy measures that he announced, also dubbed as flexible measures by some analysts.
What does Pakistan want from its food producing sector? Some 20 years ago, answering the question would have been relatively simple. But changing times, a pressing need to look after issues such as rural development, and ensuring sustainability in an environment where resources are rapidly depleting, have all distorted the previously simple equation. Ensuring cheap food for the masses just is not as simple -or even enough- anymore.


Index Closing Chg%
Arrow DJIA 16,102.38 1.66
Arrow Nasdaq 4,683.92 1.05
Arrow S&P 1,921.22 1.53
Arrow FTSE 6,042.92 2.44
Arrow DAX 10,038.04 2.71
Arrow CAC-40 4,523.08 2.81
Arrow Nikkei 17,792.16 2.15
Arrow H.Seng 20,840.61 0.45
Arrow Sensex 25,201.90 2.18

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln