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Rain spell from next week LAHORE: Another rainy spell is likely to set in from the first week of February, though the province would have Sunny days till Sunday.A spokesman of the Met office said that foggy conditions would continue in plain areas of Punjab (Lahore, Gujranwala, Sargodha, Sahiwal and Faisalabad), while average minimum temperature is likely to remain 7 degree celsius during the next five days."Mainly very cold and dry weather is expected in most parts of the country including the provincial capital during next 24 hours", daily weather report said.In the city maximum temperature was recorded as 12 degree celsius, whereas minimum remained 6.5 degree centigrade on Tuesday.Copyright APP (Associated Press of Pakistan), 2015

Sindh police chief visits different areas of city KARACHI: Inspector General of Police Sindh Ghulam Haider Jamali paid visit to different areas of the metropolis to review the security measures taken for anti-polio campaign.According to a press release issued here on Tuesday, IGP visited Nazimabad, Paposh Nagar, Manghopir and other areas.Jamali on the occasion directed the concerned officials to ensure implementation of Section-144 of CrPC in the city and to strengthen the snap checking, patrolling and intelligence sharing and collection.The police chief also ...

Govt to launch 15 hydro power projects: Shahid LAHORE: Chief Minister Punjab's Coordinator on Energy Shahid Riaz Tuesday said the provincial government will launch 15 hydro power projects during the next two years."Meanwhile, 1320 megawatt coal-based power plant will help minimize load shedding in the province", he said. Talking to reporters here, he said, "Chief Minister Shahbaz Sharif led Punjab government is striving hard to get rid of energy crisis within minimum possible time. All the resources are being tapped to generate ample ...

39 profiteers fined KARACHI: The divisional and district administration Karachi has challaned 39 shopkeepers and a fine of Rs 81,000 was imposed for violating the officially approved price list.According to a press release issued here on Tuesday, during crackdown, the administration fined 12 milk sellers, one vegetable seller, 2 grocer, 8 fruit sellers and 16 chicken sellers.The action against profiteers were taken in the areas including Liaquat Abad, Gulberg, Nazimabad, North Nazimabad, New Karachi, Murad Memon Goth, Model ...

PTEA calls for early approval of textile policy FAISALABAD: Pakistan Textile Exporters Association called for early approval of new textile policy as it would be beneficial for the major export-oriented sector. These views were expressed by Chairman Sohail Pasha and Vice Chairman Rizwan Riaz of Pakistan Textile Exporters Association here on Monday. They said the government announced several schemes including settlement of outstanding refund claims, rationalization of refund regime, establishment of Exim bank, duty free import of textile machinery and reduction of mark ...

SBP Governor asks banks to ensure operational efficiency KARACHI: Governor State Bank of Pakistan (SBP) Ashraf Mahmood Wathra has stressed upon the banks to focus on private sector lending and deposit mobilisation.In this context he said that the average spread of all banks continues to remain high and should be reasonably rationalised."SBP shall review the position by the end of June 2015 and may take regulatory measures to lower the spread," he said while addressing a meeting of Presidents/CEOs of all commercial Banks ...

Gunmen kill cop deputed on polio workers security KARACHI: A policeman deputed on polio workers' security was shot dead by unidentified gunmen in Paposh Nagar during the door to door polio immunisation campaign.IG Sindh police spokesman said the policeman died on the spot. The incident took place near the Abbasi Shaheed Hospital.The deceased was identified as Shah Meer, son of Ameer Khan. His body was shifted to the Abbasi Shaheed Hospital. Copyright APP (Associated Press of Pakistan), 2015


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln