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Cool night, hazy morning likely in Karachi KARACHI: Dry weather with cool night and hazy morning is expected in the city during the next 24 hours, the Met office forecast on Thursday.Minimum temperature is expected to remain between 11 to 13 degrees Centigrade, weather forecast said.Mainly cool or very cold and dry weather is likely to prevail in the Sindh and Balochistan region, it added.Copyright APP (Associated Press of Pakistan), 2015

Government focusing on infrastructure development in Balochistan: PM ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Thursday said the PML-N government was focusing on developing infrastructure in all parts of the country and would provide increased funding for this purpose.He was talking to Sardar Sana Ullah Zehri Minister for Mines and Minerals Balochistan, who called on him here at the PM House.Matters relating to party and development in Balochistan came under discussion, a statement from the PM House said.Sardar Zehri apprised the Prime Minister of ...

LSE looses 91.47 points       LAHORE: Lahore Stock Exchange here Wednesday witnessed bearsh trend by losing 91.47 points, as the LSE Index-25 opened with 6612.05 points and closed at 6520.58 points. The market's overall situation also did not correspond to an upward trend as it remained at 1.444 million shares to close against previous turnover of 2.243 million shares, showing a downward slide of 779,200 shares. While, out of the total 105 active scrips 20 moved up, 20 shed values ...

Senate session summoned on Jan 30 ISLAMABAD: President Mamnoon Hussain on Wednesday summoned the Senate to meet here at the Parliament House on January 30 (Friday) at 10 a.m.The President, on a summary initiated by the Ministry of Parliamentary Affairs, approved the Prime Minister's advice for summoning of the Senate session.Copyright APP (Associated Press of Pakistan), 2015

President approves appointment of Imran Aziz as Deputy AG ISLAMABAD: President Mamnoon Hussain on Wednesday approved the appointment of Imran Aziz Khan, Advocate as Deputy Attorney General at Lahore.The President, on a summary initiated by Law, Justice and Human Rights Division, approved the Prime Minister's Advice for the appointment of Imran Aziz Khan, Advocate.Meanwhile, on a summary initiated by the Ministry of Law, Justice and Human Rights, the President also approved the Prime Minister's Advice for dispensing with the services of Dr Syed Muhammad ...

Banks disburse Rs 219.5bn agri loan in 6 months: SBP KARACHI: During the first half of current fiscal year (July-Dec. 2014) the banks have disbursed agricultural credit of Rs 219.5 billion which is 44% of the overall annual target of Rs 500 billion.This is 38% higher than disbursement of Rs 159.4 billion made during the corresponding period of last year. The outstanding portfolio of agricultural loans has increased by Rs 34.7 billion from Rs 276.7 billion to Rs 311.4 billion at the end December 2014 ...

IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Wednesday issued power suspension programme for various areas of its region due to girder launching for Metro Bus Project and necessary maintenance and routine development work.According to IESCO Spokesman, the power supply of the following Feeders/Grid Stations would remain suspended as under:On 23 and 25 January night 23:00pm to next morning 07:00am, From I-10 Grid Station Islamabad Banni feeder, From Chaklala Grid Station Rawalpindi Tehmasibabad feeder, From ...


Index Closing Chg%
Arrow DJIA 17,652.60 0.79
Arrow Nasdaq 4,757.88 0.16
Arrow S&P 2,051.82 0.55
Arrow FTSE 6,832.83 0.53
Arrow DAX 10,649.58 2.05
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Arrow Sensex 29,278.84 0.94

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 22, 2015
Reserves $10.331 bln