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Administration arrests three profiteers, fines 113 KARACHI: In compliance to the directives of Karachi Commissioner, the assistant commissioners pertaining all districts raided different markets on Monday and arrested three profiteers besides imposing fine of Rs.1,45,600 on 119 retailers fleecing people under different pretext.A spokesman of the divisional administration on Tuesday said the arrests made and fine imposed was in context of the ongoing campaign against profiteers, adulterators and hoarders of food goods in the city.Those fined included nine flour millers, 27 chicken sellers, 21 grocers, 20 green grocers, nine fruit sellers, 33 milk sellers and three meat sellers for violating the officially approved price list for the mentioned items.Areas where the raids were conducted were said to include Gulshan e Iqbal, Jamshed Quarters, Civil Lines, Liaqutabad, North Nazimabad, Landhi and Korangi.Copyright APP (Associated Press of Pakistan), 2014 ...

LSE looses 4.82 points LAHORE: Lahore Stock Exchange here Monday witnessed bearsh trend by losing 4.82 points, as the LSE Index-25 opened with 5113.86 points and closed at 5109.04 points. The market's overall situation also did not correspond to an upward trend as it remained at 2.620 million shares to close against previous turnover of 2.824 million shares, showing a downward slide of 203,800 shares. While, out of the total 93 active scrips 22 moved up, 23 shed values ...
113 shopkeepers fined, four arrested KARACHI: As many as 113 shopkeepers were challaned and a fine of Rs 1,28300 were imposed for overcharging in violation to the price list of essential commodities while four were arrested.Commissioner Karachi Shoaib Ahmed Siddiqi has said that an operations against profiteering is underway in the city by the Karachi Divisional and districts administrations, said a statement on Friday.The actions against profiteers were taken in different areas including Korangi, New Karachi, Jamshed Quarters, Landhi, North ...
Cotton association urges free cotton trading KARACHI: Karachi Cotton Association (KCA) has once again asserted its demand for free market policy in cotton trading and rejected any kind of intervention."KCA has always advocated free trading policy in cotton that is, free export and import of cotton without any quantitative and qualitative restrictions to ensure international price of cotton to the growers and provide a level-playing field to all sections of the cotton sector of the country ," said a KCA statement ...
Rates of commodities in Lahore LAHORE: Agriculture Marketing Information Service Punjab (AMISP) issued rates of agriculture products (100 kg) in local market on Tuesday.Rice (Super Karnal Basmati New) minimum Rs 11500 and maximum Rs 11600, white sugar minimum 5060 and maximum Rs 5060, white gram minimum Rs 5500 and maximum Rs 6000, Red Chili Whole (Dry) minimum Rs 17000 maximum Rs 18000.Potato fresh minimum Rs 4600 and maximum Rs 4800, Onion minimum Rs 2200 and maximum Rs 2400, Tomato minimum ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln