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Heavy monsoon rains pose risks for slum dwellers in capital ISLAMABAD: The current monsoon heavy rains pose many risks for slum dwellers located in different areas of the federal capital, where the concerned authorities have done very little in this regard to avoid any untoward incident.Different slums are located in sectors F-6/1, F-6/2, F-7/4, G-7/1, G-7/2, G-7/3, I-9, G-8/4 and I-10/3 fearing that their houses could collapse during these heavy rains.Most of the slums comprise mud houses and dwellings made from logs, straws, dry grass and tattered clothes and plastic sheets. These houses also have no proper drainage system and prone to threat of collapse due to dripping roofs during rain. Street water also enters the rooms making the temporary mud walls weaker.Afshan Faisal a slum inhabitant at G-7/1 while talking to APP said that heavy rain had flooded their slum dwelling, and her husband was trying hard to save their house from collapse.Basiran Bibi in a choked voice and ...


Low floods recorded in KP rivers PESHAWAR: Low level floods were recorded in most of the rivers of Khyber Pakhtunkhwa on Tuesday as rain spell continued to hit upper parts of the province causing a surge in river waters. According to the Flood Warning Cell, River Kabul was in low flood at Warsak, where water discharge was recorded as 39810 cusecs while at Nowshera the total discharge of the River Kabul water was 58700 cusecs. Similarly, the river Sindh was also ...

Shipping activity at Port Qasim KARACHI: Brisk shipping activity has been observed at the Port where six ships carrying container, cement, chemical, furnace oil and edible oil were berthed at Qasim International Container Terminal, Multi Purpose Terminal, Engro Vopak Terminal, FOTCO Terminal and Liquid Cargo Terminal on Monday.Meanwhile three more ships carrying containers and edible oil also arrived at outer anchorage of Port Qasim during last 24 hours.Berth occupancy was 65% at the Port on Tuesday where a total seven ...

Pak will overcome energy crisis shortly: Shahbaz LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said that Pakistan would overcome energy crisis with the assistance of China and experience of Chinese experts. Talking to delegations of Chinese investors here Monday, the chief minister said that China has helped Pakistan in every crisis and will also cooperate in resolving energy problem. He said that during his visit to China, he held meetings with the heads of Chinese companies generating electricity from solar energy ...

SC issues notice to ECP, HEC in MNA Ghulam Sarwar Khan, others fake degree case  ISLAMABAD: A three-member bench of the Supreme Court headed by Chief Justice Iftikhar Muhammad Chaudhary issued notice to Election Commission of Pakistan (ECP) and the Higher Education Commission (HEC) in MNA Ghulam Sarwar Khan and others and adjourned the hearing of the majority of cases for July 18, 2013. The three-member bench comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Ijaz Ahmed Chaudhry and Justice Gulzar Ahmed heard the cases regarding alleged fake degrees of various ...

Eleven people including policeman shot dead in Karachi KARACHI: At least eleven people, including a policeman, were killed in ongoing violence cross the city on Monday.According to police, five persons were killed in just one hour time.ISI Aijaz Ahmed and two others were gunned down in New Karachi while two others were shot dead near APWA School. A tortured dead body of an unidentified man was found from DHA Phase 2 while another body was recovered from Lee Market.A man was gunned down ...

Prime Minister condemns Hungu blast ISLAMABAD: Expressing shock and grief, Prime Minister Muhammad Nawaz Sharif Monday strongly condemned the bomb blast in Hungu that resulted into the loss of precious human lives and injured several innocent people.The Prime Minister prayed to Almighty Allah to bless those martyred with eternal peace and give courage to the bereaved families to bear this irreparable loss with fortitude.He also prayed for the early recovery of those injured in the blast.Copyright APP (Associated Press of ...


 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln