Pakistan Federal Budget 2014-15 Complete PDF & Features

Federal Budget 2014-15 // // ISLAMABAD, June 3  Following are highlights of the Federal Budget 2014-15 presented by Finance Minister Ishaq Dar in the National Assembly here on Tuesday evening: •    Pakistan’s foreign exchange reserves likely to be US 15 billion by July this year. •    Foreign exchange reserves have now increased to US 13.5 ...

$100 Bill hi-tech features & facts you might not know

The Federal Reserve today began circulating a new $100 bill with a modern design and smarter security with hi-tech features. New design $100 plagued by creasing, ink and printing issues since 2010 Federal Reserve now says all problems have been resolved Bills will roll out in armoured trucks across the U.S. today They have a new ribbon and ...

Karachi Stock Exchange KSE – faces massive decline of 551.48 pts

KARACHI: The Karachi stock market witnessed a massive decline on Tuesday as decline in the local currency’s value against the dollar, futures rollover week and confusion over brokers’ net capital affected the investor sentiment. // // The Karachi Stock Exchange (KSE) 100-share index shed 551.48 points or 2.33 percent to close ...

Lessons From The Fall Of BlackBerry

The implosion at BlackBerry (BBRY) has been stunning. Back in 2008, the company had a market value of over $80 billion. As of now, it’s only $4.3 billion. In fact, over the past three years, the company’s market share in North America plunged from about 70% to a meager 5% ...

Nokia’s phones & patents Acquired by Microsoft

So the deal that should have been done 2 years ago is at last completed: Microsoft MSFT is buying most of Nokia to take control of its smartphone destiny. // // The 5.44 billion euros ($7.2 billion) deal announced late Monday marks a major step in Microsoft’s push to transform itself from a software maker ...

1 million cockroaches escaped – China farm

At least one million cockroaches have escaped a farm in China where they were being bred for use in traditional medicine, a report said. The cockroaches fled the facility in Dafeng, in the eastern province of Jiangsu, for surrounding cornfields earlier this month after an “unknown perpetrator” destroyed the ...

Islamabad eyes biggest wheat imports in 5 years

Pakistan is set to become a net wheat importer this year with purchases climbing to the highest in five years after delayed planting and reduced fertilizer use hit domestic output and drove up local prices. The South Asian nation, which has been exporting wheat for the last three years, joins a ...

Samsung overtake Apple as most profitable mobile maker

Apple's share of the smartphone market dropped in the second quarter to its lowest level in three years, research firm Strategy Analytics said. The share of the iPhone slipped to 13.6 percent in the quarter from 16.6 percent in the same quarter last year. The largest vendor Samsung Electronics, however, saw ...

what we should call this begging or what ? – IMF

ISLAMABAD: Despite obtaining a $5.3 billion bailout package from the IMF and multi billion dollars from other donors, Pakistan will be facing a financing gap of $1.2 billion during the current fiscal year that will result into drawing down of foreign current reserves continuously in 2013-14. Finance Minister Ishaq Dar and ...