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Four terrorists killed in encounter SHEIKHUPURA: Four terrorists were killed in a shootout with police and other law enforcement agencies near Ferozewala, in the wee hours on Monday. According to police, law enforcement agencies along with police raided a house at Royal city, Ferozewala to arrest the terrorists. Seeing police, a terrorist who was wearing a suicide jacket blew himself up while his three accomplices were killed in a cross firing with the personnel of law enforcement agencies. The raiding teams arrested their two accomplices who received bullet injuries in the encounter. On information, Addl IG CTD Rai Muhammad Tahir, RPO Sheikhupura Shehzad Sultan, DPO Sheikhupura Sohail Zafar Chatha, Addl SP Jawad Tariq, SP Investigation Rana Mumtaz Ahmad and security Incharge Mian Manzoor Ahmad along with heavy contingent of police reached the spot and cordoned off the area. The terrorists have yet to be identified.The police have sent the bodies to District headquarters hospital for ...

Three power projects of 55.6MW to be completed by Dec 2015 PESHAWAR: The Government has expedited work on Ranolia Kohistan, Machi Mardan and Dararkhwar Swat with generation capacity of 55.6 megawatt power projects that would be completed by December 2015 to provide inexpensive electricity to consumers.A senior official in Energy and Power Department KP told APP on Monday that three power projects including Machi Mardan with generation capacity of 2.6 MW and Ranolia Kohistan with 17 MW and Swat Dararkhwar with 36 MW capacity would be ...
ANP expresses sympathies with Upper Dir flood victims PESHAWAR: Provincial President Ameer Haidar Khan Hoti and Parliamentary leader of ANP, Sardar Hussain Babak Friday expressed grief and sorrow over deaths of eight persons at Upper Dir due to flash flood and lighting and prayed for their eternal peace.The ANP leaders said it was a natural disaster and their party would not leave the victims families alone in this hour of difficlty and expressed sympathies with them. They demanded of the PTI government to ...
Karachi desperately needs more teaching hospitals Karachi: Recent heatstroke crisis in Karachi has showed that longstanding demand of Pakistan Medical Association (PMA) and Pakistan Islamic Medical Association (PIMA) regarding opening a government-run teaching hospital in each of 18 towns of Karachi was a just and realistic demand but sadly it fell on deaf ears. Karachi is amongst the biggest cities of the world; however, its civic infrastructure including healthcare centers are not up to the mark to serve 25million plus population ...
Expatriate Pakistanis meet President Mamnoon in Saudi Arabia MAKKAH: A delegation of Pakistanis residing in Saudi Arabia met President Mamnoon Hussain here and discussed various matters including educational facilities and investment opportunities for them in Saudi Arabia.The Pakistanis from Makkah tul Mukarramah, Taif and Jeddah appreciated various developmental projects initiated by the present government in Pakistan, says a press release issued by Pakistan embassy in Jeddah on Thursday.The expatriate Pakistanis hoped that the Economic Corridor project would have far reaching impact on the ...
Lawyer locks AD&SJ in courtroom SHEIKHUPURA: A lawyer on Wednesday locked additional district and sessions judge Khyzer Hayat Gondal in the courtroom over bail issue of an accused.According to official sources, a counsel of plaintiff Atiq Shah advocate appeared before the court of AD&SJ Khyzer Hayat Gondal in a case No. 1108/14, under section 406 PPC registered with the B-Division police station. Atiq Shah advocate flared after the AD&SJ accepted the bail application of an accused Zainul Abaideen and he ...
PM lauds SPD's role in national security and safety ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Wednesday said the Strategic Plans Division (SPD) was playing an important role in strengthening the country's defence capabilities and appreciated its mechanism of national security and safety.The Prime Minister stated this in a meeting with the newly appointed Director General of Strategic Plans Division (SPD), Lt. Gen. Mazhar Jamil here at the PM House.The matters relating to Pakistan's nuclear, missile and space programs came under discussion.Lt. Gen. Mazhar ...


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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 01, 2015
Reserves $18.5 bln