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Two security men injured in blast at Mohmand Agency PESHAWAR: Two security personnel were injured on Thursday in a bomb blast near the Pak Afghan border in Mohmand Agency.According to official sources, the security forces' vehicle was targeted with a remote-controlled Improvised Explosive Device (IED) near the Elbow Kandaow area of Mohmand Agency.Sources also confirmed that the vehicle was damaged in the blast and that two personnel were injured as a result of the attack.Following the explosion, security forces launched a search operation in the area.Mohmand Agency is one of Pakistan's seven tribal agencies near the Afghan border affected by insurgency.Copyright APP (Associated Press of Pakistan), 2014

KE Sends Letter to the Government as Receivables from Defaulting KWSB Touch PKR 31 Billion KARACHI: K-Electric (KE) has sent a letter to the Chief Minister of Sindh, members of the Ministry of Water & Power as well as to members of the Government of Sind in which the company has appealed that the Sindh Government should clear KWSB’s dues as per the understanding between KE members and Chief Minister Sindh, Mr Qaim Ali Shah. Giving details KE’s press statement said that a meeting was held almost 2 months back ...

Bilateral trade with UK to be enhanced up to 3bn pounds: Khurram ISLAMABAD: Federal Minister for Commerce, Engineer Khurram Dastgir Khan Wednesday expressed the government's resolve to enhance bilateral trade with United Kingdom up to 3 billion pounds in the coming years saying that currently, Pakistan's trade with England stands at 2 billion pounds out of which Pakistan's exports are 1.4 billion pounds.He said that the Ministry of Commerce was looking for new high-growth sectors of exports to give a new boost to Pak-Britain trade."The Ministry is ...

LSE downs by 20.49 points LAHORE: Lahore Stock Exchange here Wednesday witnessed bearish trend by losing 20.49 points, as the LSE Index-25 opened with 4948.35 points and closed at 4927.86 points. The market's overall situation, however, corresponded to an upward trend as it remained at 953,840 shares to close against previous turnover of 932,700 shares, showing an upward move of 21,140 shares. While, out of the total 78 active scrips six moved up, 31 shed values and 41 remained equal. ...

LSM output grows 4 percent in FY 2013-14 ISLAMABAD: The country's Large-Scale Manufacturing (LSM) output grew by 3.95 percent during the fiscal year 2013-14 compared to last year.The Quantum Index Numbers (QIN) of LSM stood at 121.66 points during July-June (2013-14) as compared to 117.04 points in July-June (2012-13), according to the latest data of Pakistan Bureau of Statistics (PBS).Meanwhile, on year-on-year basis, the LSM grew by 0.25 percent in June 2014 compared to the production of June 2013. The data showed that ...

Textile policy 2014-15 to be announced next month ISLAMABAD: Ministry of Textile and Industry would announce new textile policy 2014-15 in first week of September 2014 to plan the future strategy for textile industry and to facilitate the small industry for the economic development of the country.Talking to APP here Wednesday, Spokesman of Textile Ministry Kanwar Usman said that new textile policy would be comprehensive which would provide facility and benefit the small industries.He said that an amount of Rs.82 billion has been ...

PM striving to shun negative politics: Saira Tarar ISLAMABAD: Minister of State for Health Services, Regulation and Coordination, Saira Afzal Tarar on Wednesday appreciated the positive approach of Prime Minister Muhammad Nawaz Sharif to shun negative politics in the country.Commenting on Prime Minister address at the National Assembly today, the minister said that the PM rightly said that the parliament was representative of 200 million people and majority was supporting democracy which was unprecedented.She said that Nawaz Sharif has said that the government ...


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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