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132 locomotives made operational to improve PR performance ISLAMABAD: Pakistan Railways has made operational around 132 D.E locomotives during last seven months to improve its performance by enhancing number of freight and passenger trains.As per details, of the total five locomotives were rehabilitated, 22 specially repaired, 30 new locomotives were inducted while 75 locomotives were overhauled during the period.Sources at Pakistan Railways on Monday said at present the total number of operational DE locomotives is 253 while around 189 number of DE Locomotives are non-operational.The sources said the Gross Earning of the department has been increased by 32.76pc and Working Expenses increased by 13.89pc during 2014.The deficit/shortfall has witnessed increase by 2.71pc as compared to figures of corresponding period of 2012-13.The main reasons for deficit are non-availability of locomotives, passenger coaches and rolling stock resulting in decrease of freight and passenger trains.The other reasons are increase in salary and pension of employees as per government orders, increase in ...

Fesco issues shutdown programme FAISALABAD: The Faisalabad Electric Supply Company (FESCO) has issued shutdown programme for necessary repair, maintenance and expansion of electricity lines.According to the programme, power supply from Muslim Town feeder emanating from 132-KV Chiniot Road grid station, TM-I and TM-II feeders originating from 220-KV Jaranwala Raod grid station, Sammundri, Saloni Jhal, Sharif Abad, Garh and Jalal Abad feeders emanating from 132-KV Sammundri grid station, all feeders of 132-KV AA-Spinning Mill grid station, Lahore Road and Canal ...
IESCO issues power suspension programme ISLAMABAD: The Islamabad Electric Supply Company (IESCO) on Friday issued a power suspension programme for various areas of its region due to annual transformer maintenance and routine development work.According to an IESCO spokesman, the power supply of the feeders / grid stations would remain suspended as under:On 17 February From 09:00am to 02:00pm From Khoi Ratta Grid Station, Khoi Ratta City, Charoie, Dongi, Dana Behal, Saree, Charohi feedersMoreover Due to electricity maintenance/development work Power supply ...
Steps being taken to improve gas pressure KARACHI: An overall shortfall of 40 mmcfd was recorded in Sui Southern Gas Company (SSGC) system due to curtailed gas supply from Bhit and Naimat Basal gas fields.Due to this shortage, the supplies have also effected and the utility has been receiving calls from Karachi city and interior Sindh, complaining of low gas pressure, a statement of SSGC said here on Friday.The SSGC management putting its all efforts to improve the supply situation has taken ...
Chinese company to set up a steel mill at Chiniot ISLAMABAD: Member National Assembly (MNA), Qaiser Ahmed Sheikh said that Chinese company MCC would set up a steel mill of 3 million tons production capacity at Chiniot.Addressing a press conference out side the Parliament here Friday, he said that 28 square kilometer iron and copper deposits have been discovered adding that these deposits could be spread around 2000 square kilometer.He said the discovery of deposits would help generate jobs for the people besides strenthening the ...


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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln