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The government failed to prepare Standard Operating Procedures (SOPs) for persons whose thumb verification is not possible even though it included re-verification of Subscriber Identification Modules (SIMs) through Biometric Verification System (BVS) in the National Action Plan (NAP), it is learnt.

Federal Minister for Water and Power Khawaja Muhammad Asif Sunday called on Prime Minister Muhammad Nawaz Sharif here and apprised him of power supply situation in the country in the backdrop of a massive shutdown that started on Saturday night.
Without naming Baloch insurgents, the secretary water and power Younas Dagha on Sunday said that the nation-wide power breakdown occurred due to a terrorist attack in Balochistan where "miscreants" destroyed two power supply towers on Och-Sibi transmission line. Speaking at a press conference, he said it was the third attack on two power supply lines in the same areas in about 12 days by militants.
K-Electric issued a statement in which the company has clarified that the breakdown of 500KV transmission line of National Transmission Dispatch Company (NTDC) was the reason of the breakdown in the country's major cities, including Karachi. K-Electric explained that tripping of NTDC transmission line had a cascading effect; it resulted in tripping of KE's generation plants.
In the docks in Aberdeen, oil workers put a brave face on hundreds of job cuts linked to sinking crude prices while union leaders warn that the worst is yet to come. "It has happened before and it will happen again. There will probably be job losses but that's the way the industry works," said Tony Maguire, a rig worker.
The government is working on more attractive incentives to promote housing finance schemes in Pakistan including a proposed income tax exemption/tax incentive on income earned from such projects, income tax relaxation for long term finance and reduction in capital value tax (CVT), stamp duty and registration fee to make houses sale/ purchase transactions more affordable, especially in case of low value properties.
Last week saw the sentiments-driven Karachi stocks market remaining in a tight grip of investors' positive speculation about a significant rate-cut in Saturday's monetary policy announcement. The otherwise record-breaking KSE 100 index lost its upward momentum in the latter half of the week when the central bank hinted about its monetary intentions through keeping the rate of return on T-bills in the range of nine percent.
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Index Closing Chg%
Arrow DJIA 17,652.60 0.79
Arrow Nasdaq 4,757.88 0.16
Arrow S&P 2,051.82 0.55
Arrow FTSE 6,832.83 0.53
Arrow DAX 10,649.58 2.05
Arrow CAC-40 4,640.69 1.93
Arrow Nikkei 17,511.75 1.05
Arrow H.Seng 24,850.45 1.34
Arrow Sensex 29,278.84 0.94






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln