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Haripur win reflects people's confidence in PML-N policies PESHAWAR: Senior worker of PML-N and President Shahi Bagh Ward, Haji Sikandar Khan has said that triumph achieved by Pakistan Muslim League in Haripur by-election reflected people's confidence in progressive policies of Prime Minister Muhammad Nawaz Sharif and days were not far away when the country would become 'Asian Tiger'.Talking to mediapersons at his residence here, Sikandar Khan said the PM promoted culture of tolerance and foiled all bids of creating political instability in the country which was a clear proof of PM's far sighting capability.He said that Muslim League promoted the politics of principles, broadmindedness and democratic culture in the country.Copyright APP (Associated Press of Pakistan), 2015

Long absence of PTI representatives infuriates Swatis SWAT: The long absence of the representatives of Pakistan Tehreek-e-Insaf (PTI) have infuriated people of Swat to use social media as a source to remind them of the pledges they had made during 2013 elections.The area people have launched an interesting campaign over social media, especially FaceBook to find out the whereabouts of the PTI elected members who have not visited their constituencies, even once, after their election.They alleged that the elected members did not ...

Zardari condemns attack on MQM leader Godil ISLAMABAD: Former President and Co-Chairman Pakistan Peoples Party (PPP) Asif Ali Zardari Tuesday condemned a cowardly attack on Muttahida Quami Movement (MQM) leader Abdul Rashid Godil.Abdul Rashid Godil who is a Member of National Assembly (MNA) from NA-252 was injured in attack and is being treated in a local hospital in Karachi.In a statement issued here by PPP Media Office Asif Zardari prayed for early recovery of Godel.Copyright APP (Associated Press of Pakistan), 2015

LSE downs by 10.27 points LAHORE: Lahore Stock Exchange here Tuesday witnessed bearish trend by loosing 10.27 points, as the LSE Index-25 opened with 6279.26 points and closed at 6268.99 points. The market's overall situation also did not correspond to an upward trend as it remained at 1.121 million shares to close against previous turnover of 6.448 million shares, showing an upward move of 5.327 million shares. While, out of the total 98 active scrips, 12 moved up, 21 shed ...

No move to issue Rs 10,000 or other higher denomination Banknote: SBP KARACHI: State Bank of Pakistan (SBP) categorically on Tuesday denied the news item reported in a section of local media including social media regarding SBP plan to issue new banknote of Rs 10,000. The SBP had no plan whatsoever for issuance of any higher denomination banknote as seven denominations of existing banknotes are adequately meeting the business/transactional needs of the economy, SBP clarification here on Tuesday said. Copyright APP (Associated Press of Pakistan), 2015

CM constitutes committee to see performance of under trial cases KARACHI: Sindh Chief Minister Syed Qaim Ali Shah Tuesday decided to constitute a four- member committee to keep an eye on the performance of each and every under trial case in the courts.He took this decision while presiding over a meeting here to review progress of investigation and performance of prosecution.Chief Secretary Siddique Memon briefing the meeting said that in the month of June 2015, all 19 Anti-terrorists Courts (ATCs) disposed of 101 cases with ...

Rs 500,000 to be paid to intending pilgrim in case of death in Saudia ISLAMABAD: A total of Rs 500,000 would be paid to the heirs of an intending pilgrim in case of death and Rs 50,000 in case of accidental disability of one limb, said an official of Ministry of Religious Affairs and Interfaith Harmony.Talking to APP, he said Rs 100,000 would be paid on permanent disablement of more than one limb, Rs 300,000 in case of emergency evacuation of pilgrim from Saudia due to illness.More than 139 ...


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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