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Article Archive for March 2017

Economic conditions positive for growth: SBP

March 31, 2017 – 12:00 am | No Comment

Karachi: State Bank of Pakistan (SBP) Friday released its Second Quarterly Report for FY17 on the State of Pakistan’s Economy. The Report says that the overall economic environment remains conducive for growth, on the back of accommodative monetary policy, increase in development spending, and CPEC-inspired activities.
The Report has also …

Edhi commemorative coin unveiled

March 31, 2017 – 12:00 am | No Comment

Karachi: A Rs50 coin was unveiled at the State Bank of Pakistan Friday, 31st March, 2017 to commemorate the services of late Abdus Sattar Edhi. Faisal Edhi, son of Abdus Sattar Edhi, was also present on the occasion. Governor State Bank Mr. Ashraf Mahmood Wathra presented the commemorative coin …

Rangers recover huge cache of arms from Korangi graveyard

March 31, 2017 – 12:00 am | No Comment

KARACHI: The Pakistan Rangers Sindh on Friday claimed to have recovered a huge cache of arms from a graveyard in Korangi area of the metropolis.
Rangers claimed that the raid was carried out after receiving reliable information from their intelligence sources regarding the presence of arms buried in Bagh Korangi …

Anti-KE sit-in: Police arrest JI Karachi leader

March 31, 2017 – 12:00 am | No Comment

Karachi: Police arrested Jamaat-e-Islami (JI) Karachi leader Hafiz Naeemur Rehman from Idara Noor e Haq here on Friday.
The JI Karachi chapter had planned a sit-in against alleged anti-conusmer behavior of the Karachi-Electric (KE); however, the police uprooted the protest camp of the JI at Shahra e Faisal and arrested …

Man’s body recovered from Clifton

March 31, 2017 – 12:00 am | No Comment

KARACHI: The body of man, who was shot dead, was founded from Clifton area of the metropolis on Friday.
According to rescue sources, three days old body of a man,Hakeem ali aged, 60 was found in a house in Punjab Chowrangi area of Clifton.
It was shifted to Jinnah Postgraduate Center …

Cannot shut eyes to what intelligence agencies doing with missing persons, observes SHC

March 31, 2017 – 12:00 am | No Comment

KARACHI: We cannot shut our eyes to what intelligence agencies are allegedly doing with the missing persons as legal proceedings are not being followed regarding whoever is held by the agencies, observed the Sindh High Court while hearing six-year old case of a missing student.
A division bench, headed by …