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Police fail to arrest Uzair Baloch KARACHI: City police on early Saturday morning raided the house of Uzair Baloch, head of banned People’s Amn Committee, but failed to arrest him.The raid was conducted at his house located at Sangu Lane in Lyari Town but the police returned empty handed.According to SP Lyari Najam Tarin, at least ten suspects were detained during raids in different areas.On the other hand, the residents of the area staged a protest against the police action saying that innocent people were arrested. The protesters threatened to block the Mauripur Road if the arrested people were not released.It may be recalled that Sindh High Court (SHC) had ordered for the arrest of Uzair Baloch after which police raided his residence in compliance with the court orders.Uzair Baloch was declared a proclaimed offender three months ago by an anti-terrorism court in the murder case of Lyari-based gangster Arshad Pappu.Copyright INP (Independent News Pakistan), 2013 ...

Balochistan power crisis triggered after pylons bombing far from over QUETTA: At least 16 districts of Balochistan have been facing up to 22-hour long daily power outages for the last eight days owing to ongoing repair of transmission line ,towers, which some unknown miscreants had bombed a week before.According to sources, large swathes of Balochistan had plunged into darkness when four power pylons of 220 and 132 KV were blown up in the Bibi Naani area of Machh in district Bolan on July 18. As ...

PM for building low-cost housing units in main cities' suburbs ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Friday said that vast swathes of land in the environs of major cities could be used by constructing low-cost buildings to overcome the acute shortage of housing units.The Prime Minister expressed these views in a meeting with a delegation of a Turkish construction company here at the Prime Minister's Office.The Prime Minister said Pakistan needs to learn from Turkey's experience in construction of housing sectors and the 0.6 ...

Yamaha motors urged to focus on Pakistani market ISLAMABAD: Ambassador Farukh Amil alongwith the economic team of the embassy visited Yamaha Motor Company in Shizuoka, Japan and review the scope of the company's trade partnership with Pakistan.The ambassador in a meeting with Yamaha President and CEO Hiroki Yanagi and other senior officers urged the Yamaha Motors to not only focus on Pakistan's domestic market but also plan for exporting Pakistan-made products to neighbouring Central Asian, Middle East and African countries.He also suggested President ...

PA lauds services of Aftab Joya LAHORE: Punjab Assembly on Friday adopted a unanimous resolution for Punjab Assembly Secretary Malik Aftab Maqbool Joya who died of a heart attack the other day.The Punjab Assembly session started some 2 hours behind its scheduled time of 9am with Deputy Speaker Sardar Sher Ali Gorchani in the chair.A unanimous resolution was adopted by the house after suspending the official business for Aftab Maqbool Joya. The resolution eulogized the services of the public servant who ...

PPP asks PML-N to play role in strengthening democracy LAHORE: Pakistan People's Party leaders said the PML-N should play its role in strengthening democracy in the country as a democratic political party.Commenting on presidential elections in their separate statements on Friday, PPP Punjab President Mian Manzoor Ahmad Wattoo, Lahore President Samina Khalid Ghurki and Lahore Information Secretary Abid Hussain Siddiqui said that all presidential candidates should have been provided ample time to run their campaign.They said the PML-N should take all parties on board ...

Chinese delegation meets IGP Sindh KARACHI: A three-member delegation led by the Consul General of China in Karachi, Ma Yaou, met and discussed matters of mutual interests with the Inspector General of Police (IGP), Sindh.The meeting held here at Central Police Office (CPO) on Friday.The DIG Headquarters Sindh was also present on the occasion, said a police statement.The statement said that the delegation was informed that under a contingency plan security measures are being ensured for the Chinese engineers, technical ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln