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Four killed in various areas of Karachi RECORDER REPORTKARACHI: At least four persons were killed in separate incidents of violence in the city here on Saturday.According to police and rescue sources, a body stuffed in a sack was recovered on the information of a person detained from Qayumabad area.Police said the deceased, who was identified as Azam Khan, 32, was helper in a Masjid in Korangi area. Police said that two persons namely Tahir and Ashfaq were taken into custody when the deceased father, Awal Khan, suspected their involvement in his missing. Police said the accused kidnapped Azam and killed him after severe torture. Tahir along with his friend killed Azam as a revenge as Azam took his job. Further investigation was underway.An activist of Sunni Tehrik, Imran, 42, son of Iqbal, was shot dead in PIB colony area. Police said that the deceased was resident of Jamsheed Quarters and was active worker of ST. A bullet-riddled ...

CM Balochistan condoles demise of Sardar Jamali QUETTA: Balochistan Chief Minister Dr Abdul Malik Baloch has expressed sorrow and grief over the demise of the tribal chieftain of Jamali tribe, Sardar Yar Muhammad Jamali. In his statement issued, here on Saturday, he said that Sardar Jamali has performed a positive and remarkable role as a tribal chief. He prayed to Almighty Allah to rest the departed soul in eternal peace and grant courage and fortitude to the bereaved family to bear this ...

KP Governor calls on Ishaq Dar ISLAMABAD: Khyber Pakhtunkhwa Governor Engineer Shaukatullah on Saturday called on Federal Minister for Finance Senator Muhammad Ishaq Dar here.The Governor appreciated the initiatives taken by the federal government for the revival of economy and said a positive improvement was being seen.He conveyed an invitation form the Khyber Pakhtunkhwa Chamber of Commerce to the Finance Minister for visit, which he accepted.The Finance Minister assured the Governor that despite financial constraints, all the legitimate financial requirements of ...

Energy crisis may lead to end of government: Liaquat Baloch LAHORE: Secretary General Jamaat-e-Islami Liaqat Baloch has said that the energy crisis could lead to the end of the present government.Addressing an Iftar dinner here, he said that the people had high expectations of the government but were being disappointed. Liaqat Baloch called for building new dams in order to solve the energy crisis on long term basis after evolving consensus. Appreciating the government campaign against theft of electricity and gas, he said that ...

Quetta, other parts of Balochistan still without electricity QUETTA: Seventeen districts of Balochistan, including Quetta, are still without electricity on Saturday.Furthermore, no security clearance hindering restoration of electricity to the 17 districts of the province has been given.Failure to achieve security clearance is hindering the restoration, repairs of recently destroyed electricity tower in Bolan, creating a 1380 MW shortfall in 17 districts of Balochistan.Unknown persons had blown four towers of 132 Kv, 220 Kv electricity tower at Bibi Nani, located between Sibi and ...

People of Sindh take sigh of relief as CNG stations reopened KARACHI: The motorists took a sigh of relief after Compressed Natural Gas (CNG) filling stations all over Sindh, including Karachi were reopened on Saturday morning at 8:00AM after 48 hours closure.Dozens of car users thronged the CNG station situation in different cities of Sindh soon after the gas supply was restored.However, they had to bear long queues of vehicles outside filling stations which awaited much before the scheduled reopening time.Motorists, transporters and commuters suffered equally ...

Rs173.086mn fined over water theft during Rabbi season MULTAN: The Irrigation department imposed a fine of Rs173.086 million to dozens of farmers on water theft during Rabbi season 2012-13.According to official sources, a fine of Rs173.086 million was imposed to farmers who were involved in water theft during the Rabbi season 2012-13 in the Multan zone.A strict monitoring policy had been made by the department to control water theft, sources added.Copyright APP (Associated Press of Pakistan), 2013


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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