ISLAMABAD: The government of Pakistan has slashed interest rates on various products of National Savings Schemes (NSS) in line with the reduction in the discount rate unveiled by the State Bank of Pakistan (SBP).
According to an announcement made by CDNS yesterday, as a consequence of reduction in the discount rate by SBP, the government has revised downward interest rates on NSS for investment made on or after July 1, 2013.
The revision comes in the backdrop of current market scenario and in accordance with the government’s policy to provide market based competitive rate of return to the investors of national savings.
Domestic helps to be registered
ISLAMABAD: The National Database and Registration Authority (Nadra) of Pakistan has prepared a plan for registration of servants working in houses in the federal capital, Nadra sources said.
The Interior Ministry yesterday gave a nod to Nadra’s proposal and directed its implementation. A large number of people are working as domestic servants in the capital. These servants come from different parts of the country and pose a potential risk of theft and robbery due to lack of identification.
British era coins found
ISLAMABAD: Silver coins believed to be over a century old were found in the rubble of a house in a village in the Pakistani district of Layyah in the south of Punjab province, it was learnt yesterday.
The coins were found in a centuries-old locality, Basti Malana, where resident Khuda Bakhsh had demolished his ancestral mud house to build a new one.
Bakhsh dumped the rubble on the banks of Bhagal canal. Some villagers who were bathing there found the coins.
Agencies
