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323 profiteers arrested during Ramazan KARACHI: As many as 323 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 15 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 Wednesday.He said that 768 shopkeepers were challaned during the crackdown while Rs 7,275,200 were recovered in term of penalties imposed on the profiteers, hoarders, and violators of price list.He said total 719 milk sellers, 1,005 fruit vendors, 17 meat merchants, 502 chicken sellers, 1,245 retailers of vegetables and 68 flour vendors 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 in accordance with the officially approved price list ...

ISE-10 index stays bullish ISLAMABAD: The Islamabad Stock Exchange (ISE) Tuesday witnessed bullish trend as the ISE-10 index was up by 20.11 points to close at 4616.12 points.A total of 500 shares were traded, which showed a negative growth of 111,100 shares, when compared with previous day's trading of 111,600 shares.Out of 125 companies, share prices of 45 companies recorded increase while those of 80 companies decreased in today's trading.The share price of Siemens Pakistan Engineering increased by Rs ...
Operation against profiteers expedited during Ramazan: Commissioner SUKKUR: Commissioner Sukkur, Muhamamd Abbas Baloch Tuesday said that the operation against profiteers has been expedited in the holy month of Ramazan to provide relief to the masses.He said the process of charging fines and sending the profiteers to jail was being carried out. In the first 15 days of Ramazan 121 shopkeepers have been fined with Rs 37,500 and 13 sent to jail for selling commodities against officially approved price list.He stated this while ...
8,000 kg meat selling daily at Ramazan bazaars MUZAFFARGARH: District Officer Livestock Dr. Muhammad Anwar Khan said on Tuesday that 8,000 kg meat and 400 dozen eggs were being sold daily at eight Ramazan Bazaars in the district.He said that around 3,000 kg beef, 800 kg mutton and 4,200 kg chicken was sold every day at eight Ramazan bazaars in Muzaffargarh district.He added that all livestock products were being sold at a low price. Veterinary doctors, assistants and other staff are performing duties ...
181 shopkeepers fined: 5 profiteers sent to jail KARACHI: As many as 181 shopkeepers were challaned and a fine of Rs 344,000 were imposed for overcharging in violation to the price list of essential commodities while five profiteers were arrested and sent to jail.Commissioner Karachi Shoaib Ahmed Siddiqi has said that the operations against profiteering is underway in the city by the Karachi Divisional and districts administrations, said a statement on Tuesday.The actions against profiteers were taken in different areas including Saddar, Civil ...


Index Closing Chg%
Arrow DJIA 16,919.59 0.48
Arrow Nasdaq 4,527.52 0.43
Arrow S&P 1,981.60 0.50
Arrow FTSE 6,779.31 0.56
Arrow DAX 9,334.28 0.96
Arrow CAC-40 4,254.45 0.56
Arrow Nikkei 15,449.79 0.83
Arrow H.Seng 25,122.95 0.67
Arrow Sensex 26,420.67 0.11

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln