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Karachi weather to remain fair/partly cloudy in next 24 hours KARACHI: According to Met office forecast on Sunday, the weather in Karachi is expected to remain fair/cloudy in the next 24 hours.The maximum temperature in the metropolis is expected to remain between 32 to 34 degrees Centigrade during the period.The maximum temperature in Karachi on Sunday was recorded as 32.5 degree Centigrade. Humidity was 69 percent.Copyright APP (Associated Press of Pakistan), 2015

'Business community plays pivotal role in textile industry' FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) president Engineer Rizwan Ashraf said on Sunday said the business community played a pivotal role in making the city a hub of textile industry. Addressing a seminar organized by Rastgar on Compressed Air for Economy and Efficiency, he said the business community, engineering and allied sectors had to work hard to develop a strong industrial base and due to their collaborated efforts the city was internationally known.He ...

Five killed, nine injured in road mishaps KARACHI: Five people were killed and nine others injured in different road mishaps in the metropolis on Saturday.A man, aged about 35, was killed when a speeding vehicle hit him near Edhi Center in Sohrab Goth. The body was shifted to Abbasi Shaheed Hospital (ASH) for an autopsy.In another accident, a man, Noor Rahman, 32, son of Shairwan, was killed when two trucks collided in Post Qasim area.The body was shifted to Jinnah Postgraduate Medical ...

Pakistan to respond India strongly: Defence Minister SIALKOT: Federal Minister for Defence, Water and Power Khawaja Muhammad Asif has said Pakistan will respond India strongly if it does not stop its hostilities along the Sialkot Woking Boundary.He said this while talking to newsmen at CMH here on Saturday after inquiring about health of those injured by the Indian shelling.He added that now Pakistan would respond effectively against violation of ceasfire by India.The minister said it seemed Modi government had become so confused ...

CM reviews NAP progress KARACHI: Under the National Action Plan (NAP) 18 terrorists have been executed whereas black warrants issued for the execution of four other terrorists have been stayed by courts.This was disclosed in a joint presentation given to the Sindh Chief Minister Syed Qaim Ali Shah by Sindh Chief Secretary, Muhammad Siddique Memon, Home Secretary Mukhtiar Soomro and Sindh Inspector General of Police Ghulam Hyder Jamali here on Saturday, said a press release .They said that under ...

KU announces dates for LL.B Part I &II Annual Exam 2015 KARACHI: University of Karachi on Saturday announced the dates for the annual examinations 2015 of the LL.B. Part I and II. According to the University's Controller Examinations, Prof. Dr. Arshad Azmi, the examinations would be held from September 5 to 22. For male candidates the examination centers would be established at the Department of Physics and General History while for the female students at Department of Islamic History. The timings would be 2:00 pm to ...

FBR seeks two-month transaction record from banks ISLAMABAD: Federal Bureau of Revenue has directed all banks to submit details of two-month transaction record till September 15.It sought transaction record of more than Rs 50,000 from all the banks that had been done in the past two months, a private news channel reported Saturday.Names, identity card numbers, quantity of transactions would also be provided by the banksThe record of those who are not paying withholding tax, will be checked and processed in this ...


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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 $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln