Archive for March, 2010

PCB opens fire!

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In short, breaking news we have is that the PCB has axed Muhammad Yousuf and Younis Khan from all forms of international cricket while not explictly calling it a ban. Shoaib Malik and Rana Naveed-ul-Hasan have also been banned for one year each while heavy fines have been imposed on Shahid Afridi, Kamran Akmal and Umar Akmal.

This has to be by far the biggest shake-up of the Pakistan cricket team in recent history. A Cricinfo.com report follows: (more…)

e-Banking Grows in pakistan

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By Haris Waheed

Electronic payments continued to show a rising trend as both the number and value of such transactions increased in the second quarter (Oct-December) of the current 2009-10 fiscal year (FY10).

According to State Bank’s Second Quarterly Report on Retail E-Payments and Paper Based Instruments released late last month, the volume and value of E-Payments transactions in the country during the second quarter of FY10 reached 46.4 million and Rs 4.1 trillion respectively showing an increase of 0.2 percent in number and 6.1 percent increase in value as compared to 4.0 percent increase in number and 0.3 percent increase in value in the previous quarter. (more…)

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