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Eid-ul-Azha brings good business to blacksmiths ISLAMABAD: For the blacksmiths in the adjoining city of Rawalpindi the period ahead of Eid-u-Azha is a time of lucrative earnings as sale of their hand-made knives and choppers has soared while there is also a rush for sharpening the old ones.Purana Qila (old fort), a centuries old area with cluster of narrow lanes and old buildings, is the hub of the artisans.A hustle and bustle is witnessed these days in the area with customers preparing their tools for performing `Qurbani' - the religious obligation and Sunnah of the Holy Prophet Hazrat Ibrahim (AS) on the eve of Eid-ul-Azha."Finding a butcher on first two days of Eid is a very difficult task so people give preference to sacrifice animals themselves to follow the Sunnah and avoid inconvenience. People buy the required tools, while many get their old knives and choppers sharpened," said blacksmith Muhammad Bashir.Bashir spoke about the business to ...

Sports goods exports post 8.3pc increase in two months ISLAMABAD: Sports goods exports from the country registered an increase of 8.30 percent during the first two months of current financial year as compared to the same period last year.During the period from July-August, 2014, sports goods worth US$ 55.013 million were exported as compared to US$ 50.79 million exports of the corresponding period of last financial year.According to the data of Pakistan Bureau of Statistics (PBS), about 617 thousand dozen footballs valuing US$ 27.957 ...
Pakistan and Japan can become business partners: Envoy ISLAMABAD: Pakistan's Ambassador to Tokyo Farukh Amil has said that Pakistan and Japan could become business partners as the present elected government was focusing on enhancing relations with countries in the South Asian region.He was talking to governor of Aichi Hideaki Ohmura during a call on the latter here Monday. They discussed ways to boost relations between the industrial heartland of Japan and Pakistan. The Governor welcomed the Ambassador after a gap of 10 years ...
Petroleum group exports up by 53.53pc in two months ISLAMABAD: Petroleum group and coal exports from the country during the first two months of current financial year registered an increase of 53.53 percent as compared to the same period of last year.Petroleum products worth US$ 194.982 million exported during the period from July-August, 2014 as compared to the exports of US$ 127.00 million of corresponding period of last year, said the data of Pakistan Bureau of Statistics (PBS).During the period under review about 66,864 ...
Exports of bedwear, readymade garments go up in two months ISLAMABAD: The exports of bedwear, readymade garments, cotton and yarn have increased during the first two months of the current fiscal year compared to the corresponding period of last year.According to the latest data released by Pakistan Bureau of Statistics (PBS), the exports of yarn (other than cotton yarn) increased by 8.80 percent by going up from $7.174 million during July-August (2013-14) to $7.805 million during July-August (2014-15).The exports of knitwear increased by 9.25 percent ...
Pakistan produces prime quality honey in the world: Rashid ISLAMABAD: National Agriculture Research Center's (NARC) Honey Bee Research Institute, Senior Scientific officer Dr. Rashid Hussain has said that Pakistan was producing prime quality of honey in the worldTalking to APP Dr. Rashid Hussain said that despite the fact Pakistan has great potential to get itself listed in the major honey producers in the world, the country still falls at number 20th in terms of production.Dr. Rashid Hussain said Pakistan producing 298,000 metric tons annually, ...
Weekly inflation witnesses nominal increasepp ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on September 18 for the lowest income group up to Rs. 8,000 registered nominal increase of 0.20 percent as compared to the previous week.The SPI for the week under review in the above mentioned group was recorded at 209.70 points against 209.28 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base 2007-2008=100, ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 10, 2014
Reserves $13.401 bln