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ATC acquits five accused over insufficient evidence RAWALPINDI: An Anti-terrorist Court on Monday acquitted five accused in hate speeches case. During a hearing in ATC court No 2, Judge, Asif Majeed Awan acquited Maulvi Muhammad Umer, Muhammad Hafaz, Khalil Nawaz, Fakhar Hussain and Ch Arshad Hussain in the case, saying the evidence against them was not sufficient for further proceedings. The case had been registered against them at police station in Attock and were arrested on charge of delivering hate-speeches and inciting to violence. Meanwhile ATC adjourned the hearing of Raja Bazar firing case till April ,21 as counsel of the accused did not appear. Copyright APP (Associated Press of Pakistan), 2015


Three bills moved to National Assembly ISLAMABAD: The government on Monday moved three bills to National Assembly for legislation on important issues. The bills were moved to the House by Minister of State for Parliamentary Affairs Aftab Sheikh on behalf of Minister for Law, Justice and Human Rights Pervaiz Rashid and Minister for Defence Khawaja Muhammad Asif. These bills include the Criminal Law (Amendment) Bill 2015; the National Commission on the Rights of Child Bill 2015; and the National University of ...

PAF's JF-17 Thunders escort Chinese President's aircraft ISLAMABAD: A formation of eight JF-17 Thunder aircraft of Pakistan Air Force (PAF) escorted the Chinese President, Xi Jinping, who arrived in Pakistan on a two-day official visit on Monday.The Thunder formation, led by Wing Commander Nauman Khalil, escorted the VVIP aircraft of the Chinese President, the moment it entered the Pakistani airspace and remained with it till it landed at PAF Nur Khan Airbase.Later during the welcome ceremony at Nur Khan Airbase, eight JF-17 ...

Chinese president's visit to strengthen Sino-Pak ties: Ashrafi LAHORE: Pakistan Ulema Council central chairman Hafiz Muhammad Tahir Mehmood Ashrafi has said that visit of Chinese president to Pakistan will further strengthen Pak-China relationship.In a statement on Monday, he said that China and Saudi Arabia friendship had significant importance in the foreign policy of Pakistan.He said the visit and agreements in different sectorsincluding energy and transport showed a sound relationship of China and Pakistan.Ashrafi said Saudi Arabia and China always supported Pakistan in hard ...

LSE downs by 37.23 points LAHORE: Lahore Stock Exchange here Monday witnessed bearish trend by loosing 37.23 points, as the LSE Index-25 opened with 5639.16 points and closed at 5601.93 points. The market's overall situation, however, slightly corresponded to an upward trend as it remained at 1.434 million shares to close against previous turnover of 1.413 million shares, showing an upward move of 20,500 shares. While, out of the total 96 active scrips, 21 moved up, 13 shed values and ...

ISE-10 index stays bearish ISLAMABAD: Islamabad Stock Exchange here on Monday witnessed bearish trend as the ISE-10 index was down by 9.76 points and closed at 3683.05 points.A total of 32,300 shares were traded, which were down by 27,600 shares when it compared with previous day's trading of 47,700 shares.Out of 154 companies, share prices of 62 companies recorded increase while share prices of 92 companies registered decrease where as no company remained stable in trading.The share price of ...

73 new passports offices being set up: NA told ISLAMABAD: Parliamentary Secretary for Interior and Narcotics Control, Marriyum Aurangzeb on Monday apprised the National Assembly that setting up of 73 new passport offices have been approved which would be operationalized by November to facilitate the masses. Replying to a supplementary question during a Question Hour, she said that out of these new passport offices, 15 would be set up in various districts of Khyber-Pakhtunkhwa. She said that the ministry was actively working on proposal ...


 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln