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PTI caught red handed in stealing Senate elections, says Fazl ISLAMABAD: Chief of Jamiat Ulema-e-Islam F Maulana Fazlur Rehman Thursday said Pakistan Tehreek-e-Insaaf, the propagators of transparency in politics, have been caught red handed in stealing elections of the Senate in Khyber Pakhtunkhwa.Talking to media persons outside Parliament House, he said PTI has been exposed badly and their claims of fairplay in politics have proved wrong. The opposition parties of Khyber Pakhtunkhwa have successfully prevented rigging by PTI.Responding to a question he said, the Presidential Ordinance issued late night should have been avoided especially after the announcement of the election schedule.He said the issue of horse trading was being propagated unnecessarily. He told a questioner that he was in favour of direct elections of the Senate.Parliament's reforms committee constituted in August last should introduce election reforms. However (PML-N) was not introducing reforms while PTI is not serious in election reforms as they have failed to attend sessions of the Parliament's ...

President felicitates newly elected Senators ISLAMABAD: President Mamnoon Hussain while felicitating the newly elected Senators on Thursday said that with the elections of Senate, another phase of democratic stability has completed.He expressed his confidence that the newly elected Senators would continue to work for the country's development and stability. Copyright APP (Associated Press of Pakistan), 2015

ECP submits third revised local government polls schedule ISLAMABAD: The Election Commission of Pakistan (ECP) Thursday evening submitted third revised schedule for holding of local government elections in Punjab and Sindh provinces before the Supreme Court.The three-member bench of the apex court headed by Justice Jawwad S. Khawaja comprising Justice Sarmad Jalal Osmany and Justice Maqbool Baqar resumed hearing of the two different petitions for holding of LG polls in three provinces and in the cantonment areas.Earlier in the day the court adjourned ...

Election Commissioner announces unofficial results for senate polls KARACHI: Sindh Election Commissioner, S.M. Tariq Qadri here on Thursday evening announced results (unofficial) for seven senate seats (general) contested by eight members of the provincial assembly.Addressing a press conference, the provincial election commissioner said five seats have been won by Pakistan Peoples Party (PPP) whereas two by Muttahida Qaumi Movement (MQM).The sole candidate of Pakistan Muslim League (Functional), Imamdin Shaukeen could secure 13 votes, he said.Two of the MQM members Khush Bakht Shujaat and ...

PM performs Umrah; prays for sovereignty, peace in Pakistan MAKKAH: Prime Minister Muhammad Nawaz Sharif Thursday performed Umrah and prayed for sovereignty, prosperity and peace in Pakistan.The Prime Minister who is here on a three-day official visit was accompanied by Finance Minister Ishaq Dar and his special assistants on National Affairs Irfan Siddiqui, and Foreign Affairs Syed Tariq Fatemi.The Prime Minister after performing Umrah offered Zuhr prayers at Masjid ul Haram and later left for Jeddah. Copyright APP (Associated Press of Pakistan), 2015

Deutsche Bank says no major changes needed to universal model FRANKFURT: Deutsche Bank does not need to change its universal banking model dramatically, but faces pressure to cut costs like the rest of the banking sector, Co-CEO Juergen Fitschen said on Thursday. Germany's largest bank is carrying out a strategic review which is expected to see it trim overheads and sharpen its focus on profitable business niches. Some activities under its current strategy of providing a broad spectrum of financial services globally may be shed. ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $16.137 bln