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357 profiteers arrested during Ramazan KARACHI: As many as 357 shopkeepers were arrested and sent to jail during the crackdown against the illegal profiteering and violation of the officially approved price list of essential commodities, during the 25 days of Ramazan.This was said by Commissioner Karachi Shoaib Ahmed Siddiqi in a briefing on campaign against profiteering at Commissioner Office here, said a statement on Friday.He said that 5507 shopkeepers were challaned during the crackdown while over Rs 10.6 million were recovered in term of penalties imposed on the profiteers, hoarders, and violators of price list.He said total 1118 milk sellers, 1518 fruits vendor, 346 grocers of daily commodities, 33 meat merchant, 757 chicken sellers, 1644 retailers of vegetables and 81 vendors of flour were challaned for selling the commodities on the prices in violation to the notified price list.Shoaib Ahmed Siddiqi has directed the officials concerned to ensure the sale of essential commodities on prices ...

232 fined during crackdown against profiteering KARACHI: As many as 232 profiteers were challaned and an amount of Rs 490,700 was recovered in term of penalties from them during the ongoing crackdown to check the illegal profiteering through sale of essential commodities on excessive prices in violation of the officially approved price list.This was said by Commissioner Karachi Shoaib Ahmed Siddiqi, said a statement on Thursday.He said that the profiteers were challaned in the areas including Saddar, Civil Line, Garden, Site, ...
LSE gains 12.35 points LAHORE: The Lahore Stock Exchange here Wednesday witnessed bullish trend by gaining 12.35 points as the LSE Index-25 opened with 5490.05 points and closed at 5502.40 points.The market's overall situation, however, did not correspond to an upward trend as it remained at 777,100 shares to close against previous turnover of 1.517 million shares, showing a downward slide of 745,700 shares. While, out of the total 79 active scrips 14 moved up, 13 shed values and ...
ISE-10 index stays bullish ISLAMABAD: The Islamabad Stock Exchange (ISE) Wednesday witnessed bullish trend as the ISE-10 index was up by 18.22 points to close at 4782.74 points.A total of 81,040 shares were traded, which showed a positive growth of 78,040 shares, when compared with previous day's trading of 3,000 shares.Out of 128 companies, share prices of 63 companies recorded increase while those of 64 companies decreased in today's trading.The share price of ICI Pakistan increased by Rs 22.91 ...
Nine shopkeepers arrested, 199 fined for fleecing consumers KARACHI: City administration arrested nine retailers and fined another 199 profiteers from different parts of the metropolis for violating the officially approved price list and fleecing consumers under one or the other pretext.A concerned official sharing details of the camapign on Wednesday said the commissioner who has initiated the crackdown against profiteers, adulterators and those tampering with the weighing scale since long had on Tuesday imposed a fine of more than Rs.400,000 on those selling ...


Index Closing Chg%
Arrow DJIA 16,960.57 0.72
Arrow Nasdaq 4,449.56 0.50
Arrow S&P 1,978.34 0.48
Arrow FTSE 6,791.55 0.44
Arrow DAX 9,644.01 1.53
Arrow CAC-40 4,330.55 1.82
Arrow Nikkei 15,457.87 1.13
Arrow H.Seng 24,216.01 0.31
Arrow Sensex 26,126.75 0.55

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln