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Four policemen injured in an attack KARACHI: Four police personnel got injured when two motorcycle riders hurdled a hand grenade at a picket of Police Madadgar-15 beneath a bridge at Shahrah-e-Quaideen near Nursery Stop of Sharea Faisal here on Wednesday.The injured policemen including Nasir, Maqsood, Aslam and Mahiwal were shifted to Jinnah Post Graduate Medical Centre (JPMC), said police sources.One of the walls of the police picket was badly damaged while its windows, door and other walls were also damaged partly. Some five to six motorcycles which were parked nearby were also badly damaged by the blast.No casualty is reported and the condition of all injured is stable. Later the police and rangers personnel cordoned off the area and investigating agencies started collecting evidences from the scene of blast.Copyright APP (Associated Press of Pakistan), 2014

Rehman Malik optimist about end of political turmoil ISLAMABAD: Senator Rehman Malik of Pakistan Peoples Party Tuesday expressed the hope that the current political turmoil would soon end with a solution acceptable to all stakeholders.Talking to journalists here outside the Parliament House, he admired the government for showing patience till now, due to which, he said, he was confident that a consensus solution would be reached by the political parties.He said the deadlock in negotiations were part of politics, but he was optimist ...

ISE-10 index stays bullish ISLAMABAD: The Islamabad Stock Exchange (ISE) on Tuesday witnessed bullish trend as the ISE-10 index was up by 107.63 points to close at 4584.77 points.A total of 88,000 shares were traded, which showed a negative growth of 132,500 shares, when compared with previous day's trading of 220,500 shares.Out of 136 companies, share prices of 123 companies recorded increase while those of 13 companies decreased and no company remained stable in today's trading.The share price of ...

Parliament showed collective wisdom to tackle current situation: Marvi ISLAMABAD: Chairperson of National Assembly Standing Committee on Information and Broadcasting Marvi Memon Tuesday said the joint sitting of Parliament showed collective wisdom to tackle the current political situation and defuse the tension.Talking to a private television channel, she said seasoned lawmakers in their addresses to the joint sitting reaffirmed the resolve to ensure supremacy of the Constitution, Parliament, democracy and rule of law in the country.She said there was a clear divide between democratic ...

SBP reminds public to exchange decimal coins ISLAMABAD: Sate Bank of Pakistan (SBP) has reminded the general public to exchange the decimal coins of Paisa 1,2,5,10,25 and 50 from the field offices of SBP BSC and commercial/microfinance banks branches by last working day of September, 30.According to a statement of Central Bank for awareness of the general public, SBP has advised the Commercial/Microfinance Banks to display posters/banners at their branches for exchange of decimal coins.It may be recalled that the federal government ...

SECP to introduce concept of limited liability partnership ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is in the process of introducing the concept of limited liability partnership (LLP) in Pakistan."It is being done in collaboration with other stakeholders.In the initial stage, the SECP has approved a concept paper on LLP in Pakistan, which has been placed on its website to help raise awareness and solicit public and stakeholders comments", says a statement issued by the Commission here.Introducing the LLP as a ...

Compliance of SBP rules, regulations, correspondence with SBP KARACHI: State Bank of Pakistan (SBP) has asked its dealers to bring foreign exchange regulations to the notice of their customers and to ensure compliance in their day to day operations.SBP, through a circular on Tuesday, has invited the attention of the authorised dealers to the instructions contained in Paras 5 and 6 of Chapter I and Para 4 of Chapter II of the F.E. Manual (Eighth Edition-2002).The authorised dealers are also required to refer ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 02, 2014
Reserves $13.581 bln