Author: thehighasia

Progressive student bodies launch pro-Palestine campaign

organized a protest rally and press conference at the National University of Modern Languages (NUML) in Islamabad on Monday, demanding immediate ceasefire and expulsion of ambassadors of the US, Germany and France for supporting Israel’s policies and occupation of Gaza.
They endorsed the Boycott Divestment Sanctions campaign, and advocated for closer alliances with anti-imperialist countries and opposed diplomatic relations with Israel.

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Faysal Bank posts strong financial results for Q1

Faysal Bank profit after tax doubled to Rs6.5 billion as compared to the corresponding period in 2023. Earnings per share increased from Rs2.12 to Rs4.29.

The total assets reached a new high of Rs1.5 trillion, with deposits increasing to Rs1.050 trillion and loan book exceeded Rs603 billion. Advance-to-Deposit Ratio (ADR) was at a healthy 55%, while its Capital Adequacy Ratio stood at 18.57%, well above the regulatory requirement.
 
The sound financial performance and the strong balance-sheet footing is reflective of the bank’s solid business fundamentals coupled with prudent risk management practices. 

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Collaborative growth: business leaders converge on capital

The 7th edition of the Leaders in Islamabad Business Summit (LIIBS), set to take place on April 23 and 24 at a local hotel, promises to be a significant event on Pakistan’s corporate calendar. The two-day event will serve as a convergence point for over 15 global experts and more than 1000 delegates representing diverse industries from both the public and private sectors. With such a diverse gathering, the primary focus will be on fostering dialogue and exploring avenues for potential partnerships at various levels

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Falak Noor case: a clarion call for justice and protection

The case of Falak Noor has revealed significant differences between medical assessments, legal interpretations, and the protection of minors’ rights.

It appears that both the medical board and the two-judge bench of the Chief Court were not sensitive enough or failed to fully consider the implications of child marriage and the legal definition of minors.

The core issue at hand revolves around a fundamental question: How can we, as a society, tolerate such ambiguity when it comes to establishing the age of a minor? The court disregarded the official Form B of the National Database and Registration Authority (NADRA) and the birth certificate issued by the hospital where the child was born, for reasons unspecified.

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