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LHC upholds death penalty of three terrorists LAHORE: A Lahore High Court division bench on Wednesday upheld death penalty of three terrorists who were convicted for attacking and blowing up police checkpost in Mianwali.The division bench comprising Justice Abdul Sami Khan and Justice Sadqat Ali Khan announced the decision while dismissing appeals filed by terrorists Abdullah Ghazali, Abdul Hai and Saleem Zaman.During the hearing, the defendant's counsel pleaded the bench to acquit the accused being innocent. He submitted that the accused were not nominated in the case and they were arrested after one month of the incident. He further submitted that identification parade was not held in accordance with the law.However, Deputy Prosecutor General Punjab Khurram Khan opposed the request and submitted that the convicts were arrested after a police encounter and heavy arms were recovered from them. He contended that the trial court had awarded punishments in accordance with law on the basis of witnesses' statements ...

Multilateral institutions laud govt economic policies: Pervaiz ISLAMABAD: Information Minister Pervaiz Rashid on Wednesday said that the economic policies of the government have been appreciated by credible multilateral institutions.Reacting to the remarks made by PTI leader Imran Khan in his news conference on Wednesday, the Minister said that appreciation of rupee against dollar and increase in GDP growth and foreign exchange reserves were indicative of the prudent economic policies of the government. He said the problem of petrol shortage was addressed through ...

Interior minister takes notice of killing of MQM worker ISLAMABAD: Minister for Interior and Narcotics Control Chaudhry Nisar Ali Khan on Wednesday took notice of killing of worker of Muttahida Qaumi Movement (MQM) Sohail Ahmed.The minister sought a report from Director General Rangers Sindh and Inspector General Police Sindh about the incident.He condoled with MQM over the incident and said no action beyond limit of law will be allowed. Copyright APP (Associated Press of Pakistan), 2015

SBP revises Microfinance Credit Guarantee Facility guidelines ISLAMABAD: The State Bank of Pakistan (SBP) has issued revised Microfinance Credit Guarantee Facility (MCGF) Guidelines offering higher risk coverage of up to 60% to Commercial Banks/ Development Finance Institutions (DFIs) for lending to smaller Microfinance Banks (MFBs)/ Microfinance institutions (MFIs).The facility is expected to graduate smaller MFBs/ MFIs to avail credit lines from commercial banks/ DFIs for onward lending to microfinance clients, says a statement issued here Wednesday.It may be recalled that the Microfinance ...

IHC again seeks complete record of lakhvi ISLAMABAD: The Islamabad High Court again sought complete record of all registered cases against Zakiur Rahan Lakhvi the main accused of Mumbai terrorist attack from Interior Ministry within a week.A one Judge bench comprising Justice Noor ul Haq Qureshi resumed hearing of the petition filed by Federal Investigation Agency (FIA) to suspend bail orders of Zakiur Rehman Lakhvi.During the proceedings, Jahangir Jaddon counsel for Interior Ministry submitted details of registered cases against Lakhvi which was ...

LSE downs by 38.64 points LAHORE: Lahore Stock Exchange here Wednesday witnessed bearish trend by loosing 38.64 points, as the LSE Index-25 opened with 6348.22 points and closed at 6309.58 points. The market's overall situation, however, corresponded to an upward trend as it remained at 1.949 million shares to close against previous turnover of 1.916 million shares, showing an upward move of 32,400 shares. While, out of the total 101 active scrips 10 moved up, 33 shed values and 58 ...

ISE-10 index witnessed bearish trend ISLAMABAD: Islamabad Stock Exchange here on Wednesday witnessed bearish trend as the ISE-10 index was down by 24.67 points and closed at 4,004.89 points.A total of 333,000 shares were traded, which were up by 283,500 shares when it compared with previous day's trading of 49,000 shares.Out of 155 companies, share prices of 44 companies recorded increase while share prices of 111 companies registered decrease where as one company remained stable in today's trading.The share price ...


Index Closing Chg%
Arrow DJIA 17,191.37 1.13
Arrow Nasdaq 4,638.00 0.93
Arrow S&P 2,002.16 1.35
Arrow FTSE 6,825.94 0.21
Arrow DAX 10,710.97 0.78
Arrow CAC-40 4,610.94 0.29
Arrow Nikkei 17,795.73 0.15
Arrow H.Seng 24,861.81 0.22
Arrow Sensex 29,559.18 0.04

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