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Birth anniversary of Quaid-e-Azam Muhammad Ali Jinnah on Tuesday  ISLAMABAD: The 136th birth anniversary of the Father of the Nation, Quaid-e-Azam Muhammad Ali Jinnah will be celebrated with national spirit and enthusiasm across the country on 25th December (Tuesday).   National flag will be hoisted at all government buildings across the country. The day will dawn with special prayers in mosques for Quaid-e-Azam Muhammad Ali Jinnah and prosperity and development of the country.   Quaid-i-Azam Muhammad Ali Jinnah was born on December 25, 1876 in Karachi.Quaid e Azam was a lawyer, politician and the founder of Pakistan. Jinnah is honoured in Pakistan as Quaid E Azam.   He got his early education at Karachi and at the age of 16 he went to England for further studies. In 1896, Jinnah qualified for the Bar and in 1897 was called to the Bar. It was his struggle that despite stiff opposition from the Hindu Congress and the British Govt.   Muslims of Sub continent managed to get their ...


‘Infrastructure issues are hindering Indo-Pak trade’  RECORDER REPORT LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) and Federation of Indian Export Organisations (FIEO) Saturday agreed that the infrastructure issues were hindering the growth of the trade between Pakistan and India.   The consensus was developed at a meeting between LCCI and FIEO here at the Lahore Chamber of Commerce and Industry where the President of FIEO Rafiquee Ahmad spoke on behalf of Indian exporters while LCCI President presented the case of Pakistani businessmen.   Both ...

LCCI hails decision on adding more power to national grid  RECORDER REPORT LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Saturday fully endorsed, backed and welcomed CCI’s decision that power supply to the national grid be increased to the extent of 350 MW.   LCCI President Farooq Iftikhar, in a statement said the trade and industry had already been facing hardships due to power crisis and consequences of the Karachi Chamber of Commerce and Industry (KCCI) petition against the CCI decision would devastate national growth that ...

Prices of eggs, other poultry items at record high  AMJAD ALI SHAH PESHAWAR: With increasing demand of eggs and other poultry products in winter, prices were registered a record high in wholesale and retail markets, according to survey conducted by Business Recorder here on Saturday.   It was noted in the survey that the egg prices witnessed a 30 to 40 percent increase during last one week. The egg is being sold at Rs140 per dozen against the prices of Rs. 130 in the preceding week, which ...

CJ forms bench to hear 90 important cases  KHUDAYAR MOHLA ISLAMABAD: Chief Justice Iftikhar Muhammad Chaudhry has constituted a two-member bench at the principal seat to hear 90 important cases next week, starting December 24.   According to the cause list, no application received through fax will be placed before the court for adjournment. If the concerned counsel is unable to appear before the court for any reason, the Advocate-on-Record will argue the case on his behalf.   A two-judge bench of Justice Tassaduq Hussain Jilani and Justice ...

Only 53pc youth literacy rate in Pakistan: HAYAT  QUETTA: Due to poverty and lack of awareness and education, youth literacy rate (age 15/24) is estimated to be only 53 percent in Pakistan.   According to a press release issued here on Saturday, this was said in a seminar organized by non-governmental organization HAYAT in collaboration with SHEED Society in connection with campaign intends to design a study based curriculum to create political Will at federal and provincial level amid policy makers, opinion leaders and education ...

Bukhari, Baloch condemn Bashir Bilour ISLAMABAD: Senate Chairman Syed Nayyar Hussain Bukhari and Deputy Chairman Sabir Ali Baloch have condemned the suicide attack on the workers of Awami National Party in Peshawar in which Khyber Pakhtunkhwa Senior Minister Bashir Ahmed Bilour was martyred on Saturday.   Terming it a cowadly act, the Senate Chairman and Deputy Chairman lauded the services of Bashir Ahmed Bilour and said that his stand angainst terrorism would be remembered for ever.   Nayyar Bukhari and Sabir Ali Baloch, in ...


 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln