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SC for 'energy emergency' to overcome loadshedding ISLAMABAD: The Supreme Court (SC) of Pakistan Thursday observed there is a dire need to put energy emergency to overcome loadshedding in the country as the country has a capacity to generate 21000 to 22000 Mega Watts while the production was less than the capacity. A three-member bench headed by Chief Justice Iftikhar Muhammad Chaudhry resumed hearing in a suo moto case regarding loadshedding and energy crisis in the country. The bench noted that even though the country has a capacity to generate electricity then what kinds of elements which were creating obstacles to do the needful. Chief Justice Iftikhar Muhammad Chaudhry remarked that no one was serious to tackle the issue which was the most crucial thing at the moment. "There is a need to put energy emergency in the country to meet the demands", the CJ stated. During the course of proceeding, Advocate Iftikhar Gilani apprised the court ...

Prime Minister phones Sindh Chief Minister ISLAMABAD: Prime Minister Justice (retd) Mir Hazar Khan Khoso Wednesday phoned Sindh Chief Minister Justice (retd) Zahid Qurban Alvi and discussed with him issues relating to holding of free, fair and transparent elections in the country. The Chief Minister apprised the Prime Minister about measures taken by the provincial government for maintaining cordial and peaceful environment in the province. The Prime Minister observed that the law and order situation had improved after effective measures taken ...
LHC dismisses petition for disqualification of Farooq Ghurki LAHORE: The Lahore High Court Wednesday dismissed, as being withdrawn, a petition for disqualification of former MPA Farooq Yousaf Ghurki.Justice Muhammad khalid Mehmood Khan was hearing the petition filed by Iftikhar Ahmad seeking disqualification of Farooq Yousaf Ghuki for having a fake degree.Earlier, Ghurki's counsel Aftab Ahmad Bajwa arguing the matter pleaded the court to set aside ex-parte order passed on March 20 for disqualification of the respondent ( Farooq Yousaf Ghurki) as his client ...
Zardari assures support to PRCS's humanitarian work ISLAMABAD: President Asif Ali Zardari has assured the Pakistan Red Crescent Society, of every possible support of the government in its humanitarian endeavors and towards making it a strong and a vibrant body.In his message on the World Red Cross (Crescent) Day today (May 8), the President said the Day is a reminder of the great value of selfless efforts, both at individual and communal levels, which can make the country and the world a ...
Governor Punjab meets Ishrat- ul- Ebad Khan KARACHI: The Governor of the Punjab, Makhdoom Ahmed Mahmood, met with the Governor of Sindh, Dr. Ishrat- ul- Ebad Khan.At the meeting held at the Governor House here on Tuesday, various matters of importance were discussed.A statement said that they also expressed sorrow on injury to the chief of the Pakistan Tehreek- i- Insaf (PTI) Imran Khan, sustained when he fell from a temporary lift while climbing on to the stage.They prayed for the early ...
Pervez Musharraf's plea referred to single bench LAHORE: A full bench of the Lahore High Court on Monday adjourning the hearing of a petition filed by Gen (retd) Pervez Musharraf for seeking permission to contest elections from NA-139, Kasur, ordered to fix it before any LHC single bench. The full bench headed by Justice Ijaz ul Ahsan was hearing the matter. During the hearing, the bench addressing Pervez Musharraf's counsel questioned that APML had boycotted elections then why petition was moved against ...
SC cannot order federation to register treason case: Musharraf's counsel ISLAMABAD: Qamar Afzal Counsel for former military ruler Gen. (R) Pervez Musharraf on Monday said that as per law only federal government could register a treason case but the court could not order the federation to register a treason case. The three-member bench of the Apex Court headed by Justice Jawwad S. Khawaja, was hearing five identical petitions seeking the initiation of a treason case against Musharraf. Justice Ijaz Afzal Khan remarked that ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln