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Home Dept imposes ban on pillion riding in city for nine days KARACHI: Sindh Home Department, has imposed a complete ban on pillion riding on motorbike / scooter in Karachi division for a period of 9 days with effect from September 11, to 19.According to a notification issued here on Wednesday, the ban shall not be applicable on women, children below the age of 12 years, senior citizens, journalists, the personnel of law enforcement agencies/ security agencies in uniform and employees of essential services. Copyright APP (Associated Press of Pakistan), 2014


SECP allows companies to circulate annual reports via e-mail ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has allowed electronic transmission of annual reports along with notices of annual general meetings in order to reduce the cost of compliance with regulatory requirements for companies through effective use of technology.The SECP, in a notification, permitted companies to send their annual reports along with notice of annual general meetings to their members through e-mail provided they have given their consent in advance and registered their ...

PM holds meeting with parliamentary leaders ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Wednesday held a meeting with a number of parliamentary leaders, belonging to different political parties.The parliamentary leaders included Syed Khursheed Shah, Chaudhry Aitzaz Ahsan, Raza Rabbani, Haasil Bazenjo, Sadruddin Rashdi, Farooq Sattar, Ijaz ul Haq, Maulana Fazlur Rehman, Mahmood Khan Achakzai, Aftab Ahmed Khan Sherpao, Sahibzada Tariqullah, Amir Haider Hoti, Abbas Khan Afridi and GG Jamal.Minister for Finance Senator Ishaq Dar was also present, said a press release ...

PM convenes cabinet meeting on Friday ISLAMABAD: Prime Minister Muhammad Nawaz Sharif has convened cabinet meeting on Friday morning.During the meeting, important legislation will be placed before the cabinet for approval.According to PM's media office, the meeting will also review in details flood situation in the country and take into account the relief and rescue efforts as well as the damages to life and property caused by the floods. Copyright APP (Associated Press of Pakistan), 2014

LSE downs by 4.93 points LAHORE: Lahore Stock Exchange here Wednesday witnessed bearsh trend by losing 4.93 points, as the LSE Index-25 opened with 5401.44 points and closed at 5396.51 points. The market's overall situation also did not correspond to an upward trend as it remained at 675,800 shares to close against previous turnover of 1.436 million shares, showing a downward slide of 760,400 shares. While, out of the total 97 active scrips 12 moved up, 16 shed values and ...

ISE-10 index stays bullish ISLAMABAD: The Islamabad Stock Exchange (ISE) on Wednesday witnessed bullish trend as the ISE-10 index was up by 0.96 points to close at 4642.78 points.According to the ISE data, a total of 20,000 shares were traded, which showed a positive growth of 10,500 shares, when compared with previous day's trading of 9,500 shares.Out of 154 companies, share prices of 64 companies recorded increase while those of 90 companies witnessed decrease.The share price of Atlas Battery ...

SBP auctions PIBs of Rs 152.5920991bn KARACHI: State Bank of Pakistan (SBP) on Wednesday auctioned Pakistan Investment Bonds for 3, 5,10 and 20 years maturity with total realised amount of Rs 152.5920991 billion which includes the accrued interest of Rs 2,713.904 million.The face value of these PIBs is Rs 156,951.400 million, said a SBP statement here.The coupon rates are 11.25 %, 11.50 %, 12.00 % and 13.00% for 3, 5, 10 and 20 years maturity bonds respectively.The settlement date is September ...


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln