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The United States says reduction in tension between Pakistan and India is important for regional stability. At a daily briefing in Washington, State Department spokesman John Kirby said reduction in tension suited all parties. He said relations between the two countries were important to the United States and Secretary of State John Kerry would continue to talk to his Pakistani and Indian counterparts to ensure regional stability.

Prime Minister Nawaz Sharif will leave for Norway on Tuesday to participate in the Oslo Summit on Education for Development, Foreign Office said here on Friday. According to Foreign Office spokesperson Qazi Khalilullah, the Prime Minister is visiting Norway at the invitation of his Norwegian counterpart Erna Solberg. This will be the first official visit by a Pakistani leader to Norway in over a decade. During this visit, the Prime Minister will be addressing the Education Summit and interact with several world leaders.
India's army killed three suspected militants on Friday in held Kashmir during a gun battle near the de facto border that divides the restive territory between India and Pakistan, police said. Soldiers confronted a group of armed men in a forested area in Uri, 100 kilometres (60 miles) north-west of the main city of held Srinagar, triggering the shoot-out, Javid Gillani, inspector general of police, said.
The Atal Bihari Vajpayee government suspected Peoples Democratic Party (PDP) leader Mehbooba Mufti of having links with the Hizbul Mujahideen and of even accepting "help" from the Kashmiri group during the 2002 elections," says former RAW chief A.S Dulat in his soon-to-be-released memoir. In the book titled Kashmir.
Chairperson Peace & Culture Organisation (PCO) Kashmiri Hurriat Leader Yasin Malik's wife Mushaal Hussein Mullick has declared Amnesty International report regarding "Armed forces special power acts" as another proof against the inhuman acts committed by the Indian army in occupied Kashmir.
Chief of Army Staff (CoAS) General Raheel Sharif on Friday vowed to continue counter-terrorism operations to clean Pakistan from terrorism. Major General Asim Bajwa, director general of ISPR, said that army chief visited forward most areas close to Pakistan-Afghan border in North and South Waziristan Agencies and got a briefing on the progress of operations.
Pakistan on Friday summoned Afghan Ambassador Janan Mosazai and handed over a demarche regarding the arrest of a Pakistani official from Consulate General in Kandahar as well as 'unprovoked' firing by the Afghan Border Police at Angoor Adda Gate injuring two security officials. "The Ambassador of Afghanistan was called to the Foreign Office and a demarche was made regarding detention of an official of Pakistan Consulate General at Kandahar by Afghan authorities," said Foreign Office spokesperson Qazi Khalilullah.
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln