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Crackdown against profiteers; 200 fined, 09 arrested KARACHI: The divisional and district administration Karachi has challaned 200 shopkeepers and imposed fine of Rs.30,9900 while 9 shopkeepers were arrested for continuous profiteering.According to a statement issued here on Thursday, during crackdown the administration fined 21 milk sellers, 14 grocers, 23 chicken sellers, 55 fruits sellers, 70 vegetables sellers, three meat vendors and 14 flour sellers.The action against profiteers were taken in the areas including Saddar, Civil Line, SITE, Garden, Baldia, Ferozabad, Jamshed Quarters, Gulshan Iqbal, Gulzar Hijri, Liaquat Abad, Nazimabad, North Nazimabad, Orangi, Ibrahim Hyderi, Model Colony, Landhi, Korangi, Bin Qasim and New Karachi.Commissioner Karachi Shoaib Ahmed Siddiqui has said that the operation against profiteers will continue till the sale of essential items is not ensured according to officially approved price list.Copyright APP (Associated Press of Pakistan), 2014 ...

ISE-10 index witnessed bearish trend ISLAMABAD: Islamabad Stock Exchange witnessed bearish trend here on Tuesday as the ISE-10 index was down by 6.00 points and closed at 4,553. 80 points.A total of 488,500 shares were traded, which were up by 327,000 shares when it compared with previous day's trading of 161,500 shares.Out of 130 companies, share prices of 59 companies recorded increase while share prices of 71 companies registered decrease where as one company remained stable in today's trading.The share ...
223 profiteers fined, 15 jailed KARACHI: City administration in its ongoing campaign against profiteers collected a fine amount worth Rs 2,99,000 from 223 retailers, said a report issued from Commissioner office on Monday.During their routine visits to different retail markets in the city, the concerned vigilant teams challaned 42 milk sellers, 22 retailers of chicken, 67 vegetable merchants and 82 fruits retailers.15 shopkeepers were arrested and sent to jail for their persistent violation of officially approved price list and overcharging ...
Ramazan Bazars providing commodities at subsidized rates KOTLI: District administration have setup Sasta Ramzan Bazars at different locations to provide basic commodities including food items and dates to the citizens at subsidized rates during the holy month of fasting.This was stated by Deputy Commissioner Ch. Mukhtar Hussain while talking to APP here on Monday. Flour, dates, beef, mutton, pulses, beverages, vegetables, fruits and sugar are available in these Bazaars at subsidized rates.Rate list is issued daily from Assistant Commissioners offices, he said. ...
240 shopkeepers fined for overcharging in Karachi KARACHI: Commissioner Karachi Shoaib Siddiqui has said that crackdown against profiteers and adulterators continued unabated during which 240 shopkeepers including milk, flour, pulses, fruit, vegetables, meat and chicken sellers were challaned on Friday last and Rs. 513,300 were collected from them as fine.The areas where action was taken included Saddar, Civil Lines, Garden, SITE, Baldia, Ferozabad, Jamshed Quarters, Gulshan-e-Iqbal, Gulzar-e- Hijri, Liaquat abad, Nazimabad, North Nazimabad, Orangi,Bin Qasim, Ibrahim Hyderi, New Karachi, Landhi, Korangi and ...


Index Closing Chg%
Arrow DJIA 17,001.22 0.22
Arrow Nasdaq 4,538.55 0.14
Arrow S&P 1,988.40 0.20
Arrow FTSE 6,775.25 0.04
Arrow DAX 9,339.17 0.66
Arrow CAC-40 4,252.80 0.93
Arrow Nikkei 15,539.19 0.30
Arrow H.Seng 25,112.23 0.47
Arrow Sensex 26,419.55 0.23

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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