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Indian troops martyr nine Kashmiris in November ISLAMABAD: Indian troops in their continued acts of state terrorism in occupied Indian occupied Kashmir (IoK) martyred nine Kashmiris in the last month of November.   According to the data issued by the Research Section of KMS, today, during the month, 115 people were critically injured when Indian police personnel and paramilitary troopers used brute force against peaceful demonstrators in the occupied territory.   Sixty-nine civilians, mostly youth, were arrested during the period.   Copyright APP (Associated Press of Pakistan), 2012

FPCCI, LCCI welcome LHC decision on Kalabagh Dam  RECORDER REPORT LAHORE:  The Lahore Chamber of Commerce and Industry and the Federation of Pakistan Chamber of Commerce and Industry have welcomed the Lahore High Court’s decision on the Kalabagh Dam and termed it inevitable because of an acute shortage of energy, fast-depleting irrigation water resources and frequent occurrence of floods in the Indus basin.   The LCCI President Farooq Iftikhar, Senior Vice President Irfan Iqbal Sheikh and Vice President Mian Abuzar Shad in their joints statement said ...

Pulses’ import dips by 52pc in Oct  RECORDER REPORT KARACHI: Pakistan’s import of pulses declined by 52 percent or $19.279 million in October this year, as importers are expecting bumper crop in the coming season.   “In October 2011, pulses were over-imported as the local crop had been damaged by the cold frost, resulting in a panic like situation in the country for commodity’s shortage,” said a leading importer, Anis Majeed, on Thursday.   The country imported $18.050 million in October this fiscal year as compared to ...

Confiscation of ‘tampered vehicle’ FBR introduces cash reward  RECORDER REPORT ISLAMABAD: The Federal Board of Revenue (FBR) for the first time has introduced cash reward of Rs 30,000 to customs official on confiscation of each tampered smuggled vehicle exceeding engine capacity of 1800cc.   In this connection, the FBR has issued Customs Reward Rules, 2012 to specify rewards on confiscation of tampered smuggled vehicles.   When contacted, officials said that notification of cash reward during on-going national drive against non-duty paid smuggled cars would result in payment of ...

Cotton output may touch 150mn bales mark  ANWAR KHAN KARACHI: The country’s cotton production is likely to touch 150 million bales mark this year to provide the textile sector with sustainable stocks for fiscal output, industry sources said on Friday.   “Cotton supplies to markets are starting from Dec 1 [today] which the textile sector estimate about 150 million bales,” they said, adding that the crop report is due on December 3.   Last year the cotton yield was about 148 million bales despite torrential rains that ...

Four members of a family die as passenger van plunges in ravine near Astur GILGIT: Four members of a family died on the spot and three others sustained serious injuries when a van, hired by them to attend a wedding ceremony, plunged in a deep ravine near Astur last night.   The family was coming from Nasirabad, a mountain village. The accident took place as the vehicle slipped due to snow.   The deceased were identified as Muhammad Shafi son of Karim Khan, Farooque son of Abdul Rauf, Hadi son of Mir Aman ...

Pakistan stresses end to illegal settlements: says Palestinians deserve sympathy, not reprisals  UNITED NATIONS: Pakistan has said the Palestinian's success in getting non-member observer state status should not incur any reprisals as Islamabad's ambassador to the United Nations called for an end to illegal settlements on the occupied territories for progress towards Middle East peace.   Pakistan's Permanent Representative Ambassador Masood Khan also voiced the hope that the new status for the long-suffering Palestinians would pave the way for Palestine's recognition as full member.   The landmark vote through a resolution, ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln