14.06.2024, 05:05
Yrmw In Pakistan textile mills demand five-year policy
KARACHI:On Tuesday, Askari Bank reported a loss of R yeezy 500 s4.1 billion for the semi-annual period ended June 30 2013, which was down from profit of Rs1 billion for the corresponding period last year, pulled down mainly by a gargantuan increase in provisions for bad loans that the bank made out.According to a notice sent by the company to the Karachi Stock Excha yeezy 700 nge, bank s core business which is represented by net interest income 鈥?the difference between the interest earned by the bank and the interest expensed 鈥?fell to Rs3.8 billion in the period under review compared to Rs4.6 billion in the corresponding half-year period of last year as the central bank continues to slash interest rates in successive monetary policies, therefore shrinking banking spreads.Askari Bank s Achilles heel was the enormous amount it provisioned against non-performing loans. The provisions rose nine times in the semi-a yeezys 700 nnual period to Rs6.58 billion, compared to a meagre Rs0.727 billion in the corresponding period o LAHORE/PAKISTAN:A chronic fuel crisis has started rearing its head in the Pakistan Railways (PR) owing to multiple reasons, including lack of revenue, as the state entity continues to take another beating in terms of finances in the wake of floods.Several stations have fallen short of the required quantity of fuel for the engines to run.PR sources said that the Lahore engine shed administration had only 90 thousand litres of diesel at its disposal, while as of Tuesday, the fuel at Faisalabad station was not even expected to even last a day.The issue is far more severe in Multan and Sukkur divisions. However, as for the onl nb 550 y dedicated freight train and two passenger trains still running on the entire network, they were being provided the much-needed diesel f airmax rom the Lahore administration.However, Additional General Manager Amir Baloch denied there was any diesel crisis a stanley cup nd said that the PR was outsourcing diesel from a private firm. He added that the railways will continue taking the die
KARACHI:On Tuesday, Askari Bank reported a loss of R yeezy 500 s4.1 billion for the semi-annual period ended June 30 2013, which was down from profit of Rs1 billion for the corresponding period last year, pulled down mainly by a gargantuan increase in provisions for bad loans that the bank made out.According to a notice sent by the company to the Karachi Stock Excha yeezy 700 nge, bank s core business which is represented by net interest income 鈥?the difference between the interest earned by the bank and the interest expensed 鈥?fell to Rs3.8 billion in the period under review compared to Rs4.6 billion in the corresponding half-year period of last year as the central bank continues to slash interest rates in successive monetary policies, therefore shrinking banking spreads.Askari Bank s Achilles heel was the enormous amount it provisioned against non-performing loans. The provisions rose nine times in the semi-a yeezys 700 nnual period to Rs6.58 billion, compared to a meagre Rs0.727 billion in the corresponding period o LAHORE/PAKISTAN:A chronic fuel crisis has started rearing its head in the Pakistan Railways (PR) owing to multiple reasons, including lack of revenue, as the state entity continues to take another beating in terms of finances in the wake of floods.Several stations have fallen short of the required quantity of fuel for the engines to run.PR sources said that the Lahore engine shed administration had only 90 thousand litres of diesel at its disposal, while as of Tuesday, the fuel at Faisalabad station was not even expected to even last a day.The issue is far more severe in Multan and Sukkur divisions. However, as for the onl nb 550 y dedicated freight train and two passenger trains still running on the entire network, they were being provided the much-needed diesel f airmax rom the Lahore administration.However, Additional General Manager Amir Baloch denied there was any diesel crisis a stanley cup nd said that the PR was outsourcing diesel from a private firm. He added that the railways will continue taking the die