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PM directs to bring down cost of inputs of agriculture ISLAMABAD: A high level meeting held here on Wednesday with Prime Minister Nawaz Sharif in the chair discussed issues and problems faced by the agriculture sector in the wake of downward trends in the international commodity markets.It was informed that surplus stocks of agricultural products in international and domestic markets have put pressure on the support price mechanism and profitability of the agricultural production.The meeting deliberated in detail on the recommendations of the forum on agriculture held last month with regard to problems faced by the producers of major crops like Rice, Sugar-cane, Cotton, Wheat and vegetables.The participants analysed and evaluated implications of the government interventions to manage the price fluctuations while keeping the interests of both the producers and consumers in view not to adversely affect any segment of the society.The Prime Minister directed to devise proposals to bring down the cost of inputs to improve per acre yield ...

SC dismisses bail pleas of four accused in murder case LAHORE: A two-member bench of the Supreme Court on Wednesday dismissed post arrest bail applications of four accused involved in killing of a women and two minor girls in Gujranawala.The division bench comprising Justice Ijaz Ahmad Chaudhry and Justice Umar Ata Bandial heard the bail applications filed by accused, including Muhammad Noor, Khurram, Asif and Iftikhar. The bench heard the matter at Supreme Court Lahore Registry.During the hearing, the accused's counsel arguing before the bench ...

Abid Sher directs HESCO to ensure 100 pc recovery; end to power theft HYDERABAD: Minister of State for Water and Power Abid Sher Ali has directed the Hyderabad Electric Supply Company (HESCO) to ensure 100 percent recovery of the utility bills and an end to the power theft with the help of Rangers. According to HESCO's spokesman Sadiq Kubar, Minister Abid Sher Ali issued these directives while chairing a meeting with the officials of HESCO at the company's head office here on Wednesday. The minister also asked the ...

Markets remain under pressure after oil's sharp drop DUBAI: Middle East stock markets fell on Wednesday after oil prices plunged again, although steadier global equities and some positive corporate news softened the blow.Oil futures, which have been the main influence on equities in the oil-exporting Gulf during the last few weeks of market turmoil, tumbled 8 percent on Tuesday, erasing all gains made on the previous day.But global stock markets were in better shape, with Asian bourses edging down only modestly on Wednesday ...

Britain's FTSE rallies in tandem with Wall Street LONDON: Britain's leading share index rallied on Wednesday, buoyed by results from industrial equipment hire group Ashtead and by opening gains on Wall Street. The FTSE 100 was up 70.96 points, or 1.2 percent, at 6,129.50 by 1400 GMT, ahead of European indexes, mirroring Wall Street's opening gains.Stocks were more upbeat as investors bet that the US Federal Reserve might delay a much-anticipated rate hike and by the news that the Chinese government had intervened ...

European stocks wobble on China jitters LONDON: Europe's main stock markets wobbled on Wednesday in volatile trade as investors were rattled by ongoing Chinese economic jitters after slender losses in Shanghai.The region's equities had earlier rebounded -- but turned mixed on the back of the falling Chinese market and sliding oil prices.London's benchmark FTSE 100 index of top companies fell 0.11 percent to stand at 6,052.50 points nearing midday as the energy sector was hit by falling oil prices.Frankfurt's DAX 30 ...


Index Closing Chg%
Arrow DJIA 16,351.38 1.82
Arrow Nasdaq 4,749.98 2.46
Arrow S&P 1,948.86 1.83
Arrow FTSE 6,083.31 0.41
Arrow DAX 10,048.05 0.32
Arrow CAC-40 4,554.92 0.30
Arrow Nikkei 18,095.40 0.39
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,453.56 0.95

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln