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CM condoles with MNA Capt. Safdar PESHAWAR: Chief Minister Pervez Khattak Friday expressed heartfelt grief over on demise of Muhammad Ishaq Masroor, father of MNA Capt. Muhammad Safdar who breathed his last the other day. The Chief Minister also condoled the death of mother of Muhammad Haleem Bacha, Ameer JI Buner, religious scholar of Mardan Hafiz Maulana Muhamamd Yousaf, Tableeghi Ameer of Mardan, Muhammad Tariq and patron of Swabi literary organization Qam Qalam Khursheed Alam Jan who also expired the other day. Pervez Khattak prayed for eternal peace of the departed souls and expressed deep sympathies with members of the bereaved families. Copyright APP (Associated Press of Pakistan), 2014

FPCCI's second Achievement Awards on Sept 8 KARACHI: FPCCI's 2nd Achievement Awards ceremony will be held here on September 8.The FPCCI's Achievement Awards are the highest awards of private sector which are conferred to those leading organisations and individuals who have made outstanding achievements in socio-economic sector as well as in corporate social responsibilities (CSR) activities, said a press release here on Friday.These awards will be presented by a well known personality of the country at a prestigious function which is to ...

SBP's directives for financial consumer protection KARACHI: State Bank of Pakistan (SBP) has asked banks, development finance institutions (DFIs) and micro- finance banks (MFBs) to develop and implement their own frame- work on fair treatment of the consumers.This should be duly approved by their board of directors (BOD) and implemented by July 1, 2015, SBP directed to the above organisations through a circular released here on Friday.It is expected that the Banks/ DFIs/ MFBs will inculcate a conducive culture enduring fair ...

RECORDER REPORT: KSE close of day KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Friday having 28567.74 shares with a positive change of 793.31and volume of 143,744,610 shares.High and Low were 28838.11 and 27774.43 respectively. Total volume traded in the market was 187,806,410 shares with 342 total traded companies out of which 265 were up, 54 were down and 23 were unchanged.Construction and Materials (Cement) were the top traded sector with total traded volume of 34,917,300 shares. It was ...

SBP injects Rs19,700mn into market KARACHI: State Bank of Pakistan (SBP) Friday injected Rs. 19,700 million into market for seven days during its open market operation (OMO).The bids offered amounted Rs. 24,700 million. The rate of return is 9.92 percent, said an SBP release issued here. Copyright APP (Associated Press of Pakistan), 2014

Pilgrims flight from Lahore from Sept 1 LAHORE: Passports and tickets will be given to pilgrims under the government scheme from tomorrow.According to a press release issued by Pakistan Hajj and Umrah Service on Friday, Lahore Hajj Director Saeed Ahmad Malik said the first Hajj flight of pilgrims under the government scheme from Lahore will leave for Saudi Arabia on September 1 at 5:40 pm.Each pilgrim would be allowed to carry 30 kg luggage with them. He said that pilgrims suffering from ...

Residents opt for picnic spots to have recreation amid sit-ins ISLAMABAD: People of twin cities of Rawalpindi and Islamabad are now opting for recreation and a number of residents were seen at picnic spots on Friday despite sit-ins by Azadi and Inqalab marchers.A number of people, along with families, came out to have recreation at public parks, Lake View Park and other spots.Sanwal, a musician, said "Sit-ins of marchers in the capital have totally suspended cultural and musical activities in the twin cities for the ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln