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Federal Minister for Climate Change Senator Mushahid Ullah Khan has said the result of NA-246 by-elections shows that the people have rejected the Pakistan Tehreek-e-Insaf (PTI). Talking to media on Friday outside Parliament House, he said if they were trying to break into somebody's home-ground, they should have returned successful, adding they should not have faced a humiliating defeat.

The Election Commission of Pakistan (ECP) on Friday announced the official results of by-elections on NA-246 constituency, declaring Muttahida Qaumi Movement (MQM) candidate as victorious. According to the official results, the MQM's Kanwar Naveed bagged 95,644 votes followed by Imran Ismail of Pakistan Tehreek-e-Insaf (PTI), who bagged 24,821 votes.
Pakistan Peoples' Party Co-Chairman Asif Ali Zardari has grieved the death of Malik Ahmed Saeed Awan who died in Faisalabad on Thursday. He was buried in his ancestral graveyard in Bhakkar. Ahmed Saeed Awan had been with the party since the time of late founder Zulfikar Ali Bhutto.
At least six persons were killed and three others sustained injuries when a van plunged into a ravine here on Friday. According to the police sources, the pickup van was travelling towards Kohistan from Beshaam when it plunged into a ravine near Lahore Nala as it went out of control due to break failure, killing six people on the spot and injuring three others.
Two persons were killed and one sustained severe injuries when a tractor trolley collided with a landmine here on Friday. According to police sources, the incident occurred near Bahu stream area of Sindh-Balochistan border. The injured and the dead bodies were shifted to local hospital whereas the security forces have cordoned off the area and have initiated search operation. Meanwhile, enraged mob in Sahiwal's Pakpattan Chowk set a bus on fire after it hit a man and killed him.
A joint investigation team (JIT) on Friday investigated Moazam Ali, the key suspect in the Imran Farooq murder case, and is due to submit its findings in one week. Moazam Ali was presented before the JIT headed by Deputy Inspector General (DIG) South Dr Jamil and comprises members of intelligence institutions. The committee will send its findings to the Interior Ministry in one week.
An anti-terrorism court (ATC) on Friday reissued fresh death warrant for the execution of condemned prisoner Shafqat Hussain after an executive inquiry by the Federal Investigation Agency (FIA) concluded that he was 23 years of age when the punishment was handed down. As per the death warrant issued on the request of the Home Department, Shafqat is set to be executed on May 6.


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln