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Bomb recovered near FC Fort CHAMAN: Frontier Corps Chaman recovered a bomb placed near FC Fort in border town of Chaman.Station House Officer, City Police, Shahid Saleem told that unknown men had placed explosives near gate of FC Fort in order to detonate it."The FC personnel took the notice of suspected thing and called Bomb Disposal Squad which defused the explosives," he said.The Bomb Disposal Squad said that the defused bomb weighted five kilogram and it was Improvised Explosive Device.Further probe was underway.Copyright APP (Associated Press of Pakistan), 2014

Police arrest five suspects QUETTA: The police arrested five suspects and recovered illegal weapon from their possession in Kechi Baig area, here on Wednesday. Police said that acting on tip-off, Station House Officer, Kechi Baig Police Station raided a place in Killi Kamalo area and arrested five accused."Kechi Baig police arrested five suspects and recovered illegal TT pistol and rounds from their possession," police said, adding that the accused were shifted to police station where they were being interrogated ...

Cop injured in firing QUETTA: A policeman sustained injuries in firing in Brewery road area of the provincial capital, here on Wednesday.Police said that unknown armed men opened indiscriminate fire at a police personnel, leaving him injured in Easa Nagri, Brewery road area."Policeman, Ghulam Ali received bullet wounds when he was on way in Easa Nagri, Brewery road area," police said, adding that the assailants managed to escape from the scene.The injured cop was rushed to Bolan Medical Complex ...

18th SAARC Summit begins KATHMANDU: The 18th South Asian Association of Regional Cooperation (SAARC) summit kicked off Wednesday as leaders of the eight members states got together here at the capital of Nepal to find ways to make the regional grouping more viable and effective.The heads of states and governments arrived at the venue in alphabetical order and were warmly greeted by the Prime Minister of Nepal Sushil Koirala. Prime Minister Nawaz Sharif and his spouse had a photograph ...

Reduction in power tariff- welcomed SUKKUR: President, Pakistan Muslim League- Nawaz (PML-N) Sukkur chapter Younis Rajput and activists of PML-N Youth Sukkur have welcomed the announcement of the federal government regarding reduction in power tariff.Rajput said that after substantial decrease in the prices of petroleum products, reduction in the price of electricity is a gift for the masses by the PML-N led government.Speaking in a gathering here on Tuesday he said that the present government is committed to provide relief ...

President for speedy construction of dry port in Sargodha ISLAMABAD: President Mamnoon Hussain on Tuesday stressed for construction of a dry port and establishment of an industrial estate in Sargodha for enhanced economic activities in the city.Talking to a delegation of Sargodha Chamber of Commerce and Industry here at the Aiwan-e-Sadr, the President called for speedy measures to construction of the dry port to increase the export of Kinnow abroad.He asked the Sargodha Chamber of Commerce to finalize the feasibility report of dry port ...

NA panel asks PAL to play due role for promotion of national integrity, inter-provincial harmony ISLAMABAD: The National Assembly's Standing Committee on Information, Broadcasting and National Heritage on Tuesday asked the Pakistan Academy of Letters (PAL) to play its due role in promotion of national integrity, inter-provincial harmony and fight against extremism.The committee, which met here with Chairperson Marvi Memon in the chair, reviewed the performance of Pakistan Academy of Letters and Department of Archeology and Museums.Marvi Memon regretted said that the PAL was not serving the purpose for which ...


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Banking Review 2013

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