We all have come across the recent headlines relating to inflation in Pakistan that our Consumer Price Index (CPI) based inflation increased to 9% on year on year basis. However, CPI is not the only inflation index, there are other indices as well through which inflation is being measured. Let’s see what these indices are and when are they used.
In Numerology, Number 9 is known as the number of Universal Love, though in the International Financial Reporting Standards, IFRS 9 ‘Financial Instruments’ was certainly not welcomed with much love. After the financial crisis of 2007 and 2008, the accounting standard bodies were blamed for not adequately catering the impairment provisions of financial assets. The... Continue Reading →
For all those small investors who have invested their limited savings in stock exchange directly or indirectly (through mutual funds, etc.) have been wondering and asking their stock brokers is it the right time for investment or disinvestment or not? More often or not stock brokers come up with lollipop statements that its just a... Continue Reading →