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MusaPak Express train restored LAHORE: Pakistan Railways has restored MusaPak Express train from Lahore to Multan here on Monday to facilitate citizens.The train started its operation here at 12:30 am on Monday from Lahore for Multan after a gap of three years.The train will leave for Lahore from Multan at 4:00 pm daily. The train has been allowed to make stopover at Kot Lakhpat.The fare of AC Parlour class will be Rs 1000, AC Business class Rs 1500, Economy class birth Rs 450 and fare for Economy class seat will be Rs 400. This train will complete its journey in four hours and thirty minutes, said railway sources.Copyright APP (Associated Press of Pakistan), 2014 ...

IRSA releases 125,729 cusecs water from various rim stations ISLAMABAD: The Indus River System Authority (IRSA) Friday released 125,729 cusecs water for various rim stations with inflow of 86,255 cusecs.According to the data released by IRSA, water level in the Indus River at Tarbela Dam was 1529.07 feet, which was 148.07 feet higher than its dead level 1378 feet.Water inflow in the dam was recorded as 40,300 cusecs while outflow was recorded as 70,000 cusecs.The water level in the Jhelum River at Mangla Dam ...
IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Thursday issued a power suspension programme for various areas of its region due to necessary maintenance and routine development work. According to an IESCO spokesman, the power supply of the following feeders/grid stations would remain suspended as under: October 17 from 09:00 am to 11:00 am, Jinnah Camp, Muslim Town, Service Road, CDA, FSH feedersFrom 08:00am to 03:00pm, From Mirpur Grid Station OPF, A.Spining Mill, Pioneer Steel ...
Warid Telecom to invest $470mn in network: CFO DUBAI: Warid Telecom will invest $470 million over five years to bolster its network, following a failed attempt by its owners to sell the mobile operator this year, the firm's chief financial officer told Reuters on Monday.Warid Telecom, wholly owned by privately-held Abu Dhabi Group (ADG), has seen its mobile subscriber base slump from 17.9 million in 2008-9 to 13.1 million in May 2014, according to data from Pakistan's telecom regulator.That is barely half the ...
Illegal gateway exchange raided in Karachi ISLAMABAD: Pakistan Telecommunication Authority (PTA) in its ongoing efforts to control grey trafficking unearthed another illegal gateway exchange in Karachi.According to details, a successful raid against the grey operators was carried out alongwith FIA team at North Nazimabad.During the raid, an illegal exchange comprising 18 illegal gateways, hundreds ports, 2 PCs, 2 laptops, a wi-tribe modem, seven network switches, and hundreds of SIMs were confiscated. One person was arrested from the spot and was in ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln