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Saving Habit in minor

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When I was below the age majority - 18 years (Pakistan) - my parents used to say Beta don't spend all of your money rather you must save some of Rupees from your pocket money. They used to buy ceramic/clay pot  ( اردو:  غلّہ)  for me, so I can put some of my pocket money in the pot for future use. This was the move of my parents to inculcate saving habits in me. Today - in the technological era; strong financial system; Banking institutions - the use of those ceramic/clay pots is almost dying perhaps died. Many banks offer account services for the age group of new born upto the age of majority to motivate young generation to save for their future needs. In Pakistan following bank offers following accounts with different benefits and features: Bank Al Habib Young Savers account Bank Al Habib, one of the growing bank in the metropolitan city Karachi, with over 350 branches countrywide icluding more than 100 branhces alone in Krachi offers ac...
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Comparison of Karachi Stock Exchnage Indices

Pakistani stock market comprises of 3 stock markets namely; Karachi Stock Exchange (KSE), Lahore Stock Exchange (LSE), and Islamabad Stock Exchange (ISE). Karachi Stock market is the leading stock exchange in Pakistan. It comprises of 4 indices, i.e. All Share index, KSE-100 index, KSE-30 index, and KMI (KSE Meezan Index)-30 index. The KSE-100 was launched in 1991 with a base of 10,000 points. It is an index acting as benchmark to compare prices on the Karachi Stock Exchange over a period of time. The index comprises 100 companies selected on the basis of sector representation and highest market capitalization, which captures over 80% of the total market capitalization of the companies listed on stock exchange. Out of the 35 sectors, 34 companies are selected i.e. one company from each sector (excluding Open-End Mutual Fund Sector) on the basis of the largest market capitalization and the remaining 66 companies are selected on the basis of largest market capitalization in descending ...
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Entrepreneurship

Entrepreneurship is not only attached with starting a new venture. Entrepreneur is the one who absorbs the risk and turn that risk in making profit, building goodwill, getting contracts and making business more prosperous day by day. So what are the ingredients to be a successful entrepreneur. Is it Fund that make a business successful, marketing activities or something else? A Pakistani businessman, Majyd Aziz in seminar told the ingredients as follows: 1. Desire 2. Development. 3. Determination 4. Dignity 5. Dare 6. Discipline 7. Dedication He argued finance, marketing, human resource activities are important but 7 D's are the ingredients for a successful entrepreneur. As student of business I must say dedication is the most important for turning any business into a successful venture.
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