Tag: cautions

UN cautions world is using too much water

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article image STAFF REPORT ISB: The world will struggle to keep up with increasing demands for water if things don’t change, warned the United Nations (UN). At the current pace, only 60 percent of the water needed globally will be available. Major steps must be taken to reduce water usage to minimize the growing problem, according to the UN’s water body in a new report. "Over the past century, the development of water resources has been largely driven by the demands of expanding…Read More

Pak mobile banking set to exp and amid cautions

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article image STAFF REPOR ISB: The Branchless Banking is rapidly gaining ground in Pakistan with the overall turnover during the Jan-March period of the financial year 2011-12 remained high registering over 25 million transactions worth Rs. 85 billion capital through branchless banking thus posting about 23 per cent increase, reports State Bank of Pakistan in its quarterly statistics.It said that the number of registered m-wallets reached 1.03 million by March 2012 showing 53 per cent active m-wallets. In…Read More

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