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KARACHI: Pakistan's broad money (M2) grew by 15.89 percent year on year (YoY) to Rs 917.961 billion during FY11 as against 12.46 percent YoY to Rs 640.015 billion in FY10, State Bank of Pakistan (SBP) provisional data revealed.

ISLAMBAD: Large Scale Manufacturing (LSM) production grew 3.6 percent in 1QFY12. The major push came from the growth in 65 industries, according to the statistics released by Federal Bureau of Statistics (FBS).

NEW DELHI: India's economy grew at its weakest pace in more than two years in the quarter that ended in September, revealing the heavy toll that stubbornly high inflation, rising interest rates and crisis-hit global capital markets are having on Asia's third-biggest economy.

KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first nine months of the calendar year 2011 (9MCY11) with improved asset base. Net assets of the Islamic banking windows grew by 31.77 percent and stood at Rs 17.647 billion as on Sep 30, 2011 as against Rs 13.393 billion reported on Dec 31, 2010.

KARACHI: First Prudential Modaraba total comprehensive income for the year grew by meager 0.74 percent year on year (YoY) to Rs 33.674 million during the financial year 2011 (FY11). Earnings per share remained intact at Rs 0.38 per certificate, revealed in a notice issued by the company to Karachi Stock exchange on Friday.

ISLAMABAD: Fruit and vegetable export from the country during the first two months of current financial year grew by 60.46 per cent and 80.87 per cent respectively.

KARACHI: Kohinoor Energy Limited (KOHE) showed outstanding performance during the first quarter of financial year 2011 (1QFY11) as its profits surged by 137.26 percent year on year (YoY) to Rs 180.459 million as compared to Rs 76.061 million in the same period previous year, mentioned in a notice issued by the company to Karachi Stock exchange.

TOKYO: Riskier assets across the board from stocks, metals and commodity currencies fell on Thursday as investors grew wary about taking risks ahead of a key European leaders' summit on Sunday.

KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first half of the calendar year 2011 (1HCY11) with improved asset base. Total assets grew by 27.28 percent during the first half as the Islamic banking windows total assets stood at Rs 189.990 billion.