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Government on Tuesday executed a man convicted of killing a child, brushing aside a storm of protests from rights groups that his confession had been extracted by torture and he was a minor at the time of the crime. Shafqat Hussain was hanged shortly before dawn at a jail in Karachi for killing a seven-year-old boy in the city in 2004, his brother and a prison official told AFP.

The Supreme Court on Tuesday stayed the execution of a murder convict till further order and sought help from the Punjab Prosecutor General to ascertain whether a punishment under the anti-terror law could be commuted after a compromise between the parties. Before the court's stay order, Shahzad Ahmad, the convict Allah Ditta's son, challenged the execution of his father, claiming they had reached an agreement with the complainant.
The Supreme Court has dismissed a pre-arrest bail of a cleric charged with a hate speech case that also involves anti-Shahdara police incitement. The police booked Maulana Ashraf Shakir under section 7 of the Anti-Terrorism Act and other provisions of law for his hate speeches and an attack on a police raiding team on March 25, 2013. His counsel, present in the court, said his client was admitted to the Mayo Hospital following an accident.
The Sindh High Court (SHC) on Tuesday issued notices to Sindh's Home, Finance and local government secretaries, Director General Sindh Building Control Authority (SBCA) and other respondents in response to a petition seeking to provide alternative places to the people living in dangerous buildings. The petitioner stated that SBCA had already declared 288 buildings of the metropolis as dangerous. The petitioner said that over 6,000 people were living dangerously in those shabby buildings.
At least two terrorists were killed in a joint operation of Frontier Corps (FC) and intelligence agencies in Noushki on Tuesday. Khan Wasey, the spokesperson for Frontier Corps, said a search operation was conducted in the district after a tip-off regarding the presence of miscreants in the area was received. "Two miscreants were killed during the search operation," he said. Security forces also claimed to have recovered a large quantity of arms and ammunition during the operation.
Pakistan Rangers, Sindh has conducted a surgical action in Lyari area and arrested a couple involved in extortion. The extortionists from Lyari Gangwar were demanding Rs 5 lac from a local trader, the Rangers spokesman said here on Tuesday. The Rangers personnel laid a trap and asked extortionists to collect the money. After a long wait, a woman appeared to collect extortion money who was arrested.
"Security will remain on high alert and search operations will be continued besides, snap checking of vehicles having unauthorised blue lights, green number plates and tinted glasses across Punjab. Similarly, a serious crackdown will be started against the criminals, terrorists and their facilitators." These decisions were made by Inspector General of Police Punjab Mushtaq Ahmad Sukhera during video linked Regional Police Officer (RPO) Conference held at Chief Police Office (CPO) here on Tuesday.

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune-July
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln