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Military said it killed 76 militants in two separate air strikes on Tuesday as part of a major offensive against the Taliban and other insurgents in a tribal region near the Afghan border. The first air strike took place near Datta Khel area of North Waziristan tribal district while the second strike was focused on Datta Khel. At least 35 militants were killed in air strikes on Sunday in the same area.

Suspected militants in Indian held Kashmir on Tuesday killed an army colonel and a police officer during a gun battle outside the restive region's main city of occupied Srinagar, police said. Another police officer later died of injuries sustained in the firefight, while two suspected 'rebels' were also killed during the encounter, an officer said.
Pakistan on Tuesday warned that the US-India nuclear deal will have a detrimental impact on deterrence stability in South Asia and declared that it reserves the right to safeguard its national security interests. "We have taken a careful note of statements made and agreements reached between the United States and India on issues having global and regional impact during President Obama's visit to India," said Prime Minister's Adviser on National Security and Foreign Affairs Sartaj Aziz.
Appreciating the tribals for playing a significant role in expelling terrorists from their area, Chief of Army Staff (CoAS) General Raheel Sharif on Tuesday reiterated that Pakistan Army would not abandon the area without restoring functional normalcy. Speaking to officers and men during his visit to Mohmand Agency, the CoAS appreciated their professionalism, dedication and sacrifices in fighting terrorism and bringing stability in Mohmand Agency.
Non-Operational Military awards were conferred upon Officers, Airmen and Civilians of Pakistan Air Force (PAF) for their distinguished services at an Investiture Ceremony held at Air Headquarters, here on Tuesday. Vice Chief of the Air Staff, PAF, Air Marshal Sohail Gul Khan, was the chief guest on the occasion. In the ceremony, Chief of the Air Staff Commendation Certificates were conferred upon 86 PAF personnel including Officers, Airmen and Civilians.
Prime Minister Nawaz Sharif chaired an important meeting here on Tuesday which discussed important national issues, including energy situation and progress on the implementation of the National Action Plan (NAP) to combat terrorism. The meeting was attended by Chief Minister Punjab Shahbaz Sharif, Minister for Finance Ishaq Dar and Minister for Interior Chaudhry Nisar Ali Khan.
Chief Minister of Sindh, Syed Qaim Ali Shah has ordered strict disciplinary action against officials found absent from their seats during his surprise visit to Sindh Secretariat on Tuesday. Expressing his strong resentment against the officials' indifference towards their professional obligation, Qaim Ali Shah said this attitude was the major factor responsible for delay in completion of work.
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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln