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Met Office predicts rain for Hazara division PESHAWAR: The Meteorological Department on Wednesday predicted rain-thundershower at isolated places in Hazara division during next 24 hours that would hopefully bring the existing hot and humid temperature down.According to Met office here, Hazara, Rawalpindi, Gujranwala and Lahore divisions besides Kashmir are likely to receive rain due to seasonal low lie over Northwest Balochistan and adjoining areas.Weak monsoon currents from the Arabian sea are also penetrating into upper parts of the country up to 3000 feet whereas a shallow westerly wave is also prevailing over Kashmir and adjoining areas.As result, rain is expected in one or two places in Bannu, Kohat, Peshawar divisions and Parachinar during tonight/Thursday. Scenic touristic areas of Abbottad district such as Thandyani, Nathia Gali, Donga Gali and Ayubia are likely to receive rain during next 24 hours. However, mainly hot and humid weather is expected in most parts of the country.Weather remained hot and humid in ...

Election Tribunal disposes of appeal against Maulana Fazlur Rehman DERA ISMAIL KHAN: Election Tribunal Tuesday disposed of an appeal against Jamiat Ulema-e-Islam-Fazl (JUI-F) Ameer Maulana Fazlur Rehman filed by his rival Pakistan Peoples’ Party (PPP) candidate Senator Waqar Ahmed Khan for want of evidence. Senator Waqar Ahmed Khan had challenged his defeat in NA-24 Dera Ismail Khan, leveling different sort of charges on the JUI-F chief, in the Election Tribunal set up by the Election Commission of Pakistan (ECP). In the elections, the PPP ...

Democracy gradually taking roots in country: President ISLAMABAD: President Asif Ali Zardari Tuesday said smooth and peaceful transition of power from one democratic government to another reflects that democracy has gradually taken roots in the country.The President called upon all the political forces to work together towards further strengthening democracy and democratic institutions.The President said for the first time in the country's history, an elected civilian President would be handing over charge to the next elected civilian President in a smooth and ...

Wheat price to flour mills fixed at Rs 1,330 per 40 kg LAHORE: Punjab Law Minister Rana Sanaullah said the government had fixed the release price of wheat to flour mills at Rs 1330 per 40 kg.Addressing a press conference here on Tuesday, he said that a 20 kg flour bag would be available in the market at Rs 785. He said that 3.4 million metric ton wheat would be released and the government would give a subsidy of Rs 18 billion on it.He said that the ...

Import of Gold for export of Jewellery restored ISLAMABAD: Import of Gold for export of Jewellery has been restored by Ministry of Commerce, a statement of Trade Development Authority of Pakistan issued on Tuesday (TDAP) said.The new procedure has been issued vide SRO - 760 (I) /2013 dated September 2, 2013, the same has been posted on the website of Ministry of Commerce / Trade Development Authority of Pakistan (TDAP).It may be recalled that the import of Gold under the defunct SRO 266 ...

SC issues notices to respondents in barring women from votes in NA-5 ISLAMABAD: The Supreme Court on Tuesday issued notices to respondents in an appeal against the Peshawar High Court's suo-moto notice regarding barring women from casting votes during the by-elections in NA-5, Nowshera.The case was heard by a two-judge bench comprising Justice Khilji Arif Hussain and Justice Ejaz Ahmed Chaudhry.During the course of proceeding, Athar Minallah, counsel for the appellant argued that the Peshawar High Court took suo-moto over a complaint that women were not allowed ...

Govt top priority to maintain law, order in Karachi: Mushahid ISLAMABAD: Central Secretary Information Pakistan Muslim League-Nawaz Mushahid Ullah Khan on Tuesday said maintaining law and order in Karachi was the top priority of the government.The people who were saying that the government had lost the opportunity to maintain law and order in Karachi were undermining its efforts to restore peace in the metropolis, Mushahid Ullah said in a statement issued here.The PML-N spokesman said it was vital to take all political parties into confidence ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln