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Statutory liquidity requirement: Share of bonds increased
State Bank raises limit from 10% to 15% of banks’ time and demand liabilities.
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SECP to finalise company regulations soon
Rules dealing with investments in associated companies being revised.
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Market Watch: Bourse gets into festivity mood
KSE’s benchmark 100-share index surges 150 points.
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Pakistan Railways: Management of three more trains to be privatised
Ticketing and sales to be auctioned to private companies.
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Power sector, commodity operations: Govt brings Rs391b debt on budget books
Term certificates issued to banks replaced with less expensive bonds and T-bills.
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Caste and literature: From Ameer Hamza to Alif Laila, editor talks about social inequality
Literature was not meant to disturb upper caste Muslims.
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Mummy and me: US donates incubators to JPMC, Civil hospitals
Health minister wants USAID to help rebuild 270 hospitals.
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Science & engineering: Intel ISEF science fair closes, six move on to nationals
Finalists compete for more than f$4m and international scholarships. The next ISEF will be held in Pittsburgh.
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Feared kidnapped: Sick baby disappears from NICH nursery
Police question hospital staff.
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Home safe: Businessman freed, kidnappers arrested
The businessman was abducted on October 21 from near the airport, demanded a ransom of Rs2 million from his family.