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Weekly inflation goes down ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on July 26, for the lowest income group up to Rs.8,000, registered decrease of 0.83 per cent as compared to the previous week. The SPI for the week under review in the above mentioned group was recorded at 177.50 points against 178.99 points registered in the previous week, according to provisional figures of Pakistan Bureau of Statistics (FBS). The weekly SPI has been computed with base 2007-2008=100, covering 17 urban centers and 53 essential items for all income groups and combined. The SPI for the combined group decreased by 0.79 per cent as it went down from 184.99 points in the previous week to 183.53 points in the week under review. As compared to the corresponding week of last year, the SPI for the combined group in the week under review witnessed increase of 6.71 percent. As compared to the last week, the SPI for ...

SC allowed railways to purchase Chinese locomotives: LHC told  LAHORE: The Lahore High Court was informed on Thursday that the Supreme Court had examined the purchase of Chinese locomotives through a suo motu case and allowed railways to proceed further in accordance with PPRA rules. These submissions were made by Pakistan Railways counsel while submitting a reply in petition challenging purchase of 79 Chinese railway engines from a blacklisted company.      The Single bench comprising Chief Justice Umar Ata Bandial was hearing the matter. The counsel ...
Efforts being made to promote livestock in Balochistan  ISLAMABAD: Livestock and Dairy Development Department of Balochistan has taken a number of steps for the promotion of livestock sector in the province. "A number of projects worth millions of rupees have been either completed or ongoing to increase the productivity of livestock, through interventions of modern technologies, husbandry animal health , research and management for poverty alleviation in the province", Muhammad Naseem Lahri Secretary Livestock Development Balochistan told APP. Highlighting mission of the department, he said ...
Exports of sports goods stay positive at 0.47pc ISLAMABAD: Exports of sports goods from the country stayed positive at 0.47 percent during the fiscal year (2011-12) as against the same period of last year. The overall exports of sports goods from the country reached to UA$331.542 million during 2011-12 against the exports of US$329.999 million recorded during previous year (2010-11), Pakistan Bureau of Statistics reported. Footballs contributed a major share in ensuring positive growth of sports goods as its exports increased by 8.13 percent by ...
Pakistan, Indonesia trade increased 34pc during 2011 ISLAMABAD: Trade between Indonesia and Pakistan has increased by 34 per cent from $787 million in 2010 to $1.142 billion in 2011. This was stated by Pakistan Ambassador to Indonesia, Sanaullah during his meeting with Chairman of Indonesian Chamber of Commerce and Industries (KADIN), Mr. Suryo B. Sulisto here on Tuesday, according to a message received here from Ambassy of Pakistan Jakarta. The Ambassador emphasized that there was enough potential in various fields between the two countries to ...
Demand of Islamic products double in Ramadan ISLAMABAD: The demand for CDs, DVDs and audio cassettes of Naats, Durood Sharif, Qawalis, Quranic verses and Islamic Ringtones has increased in the markets of twin cities of Islamabad Rawalpindi. The sales of CDs, DVDs and cassettes of various renowned Naatkhawans have gone up in Ramadan, and music outlets have started playing fresh naats to attract customers. Kashaf Rashid, a resident of sector F-6/1, said that she had purchased two DVDs of various Naats. "I purchase DVDs ...
Pak, Afghan Joint CCI for improving trade ties KARACHI: Pakistan, Afghanistan Joint Chamber of Commerce & Industry PAJCCI called for rejuvenating bilateral trade and business ties between the two neighboring countries. This was stated in PAJCCI Board members meeting attended by Secretary Commerce Munir Qureshi, visiting Afghan delegation,  representatives of British High Commission & Afghan Consulate here. President PAJCCI M. Zubair Motiwala said strategies devised by business communities of both countries will be presented to their governments to be inculcated in Strategic Business Framework. He ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 06, 2015
Reserves $18.201 bln