Islamabad: Pakistani police conducted an overnight joint operation in the metropolis’ area of Clifton and arrested at least 24 suspects in Karachi.
According to sources, police seized arms and ammunition from their possession. Police and paramilitary forces have been conducting searches since the end of last March in Karachi, which is the commercial capital of Pakistan.
They have arrested hundreds, but the security situation in the city is still deteriorating with increasing violence rates, especially targeted assassinations.
Islamabad sets provident fund investment rules
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) would finalise the companies’ investment of provident fund rules during the current week.
It would become clear after the new rules of the provident funds of the companies worth billions of rupees where the companies would be able to invest the funds and which parameters the companies would follow while investing the funds in the stock market.
In 2008 when the stock market witnessed a historic crash, the banks and companies whose provident funds were invested in the stock market had to face a big loss and the members of the provident funds (employees) had to suffer a lot.
Install vehicles jammers: Official
ISLAMABAD: Candidates for Pakistan’s upcoming general elections should install jammers in their vehicles to foil attacks against them by improvised explosive devices, according to officials.
“We have alerted all law-enforcement agencies to terrorist threats to candidates and voters, and directed them to take concrete steps for the security of contestants and the electorate across the province and reorganise the district security branches to ensure timely information about terrorist activities,” provincial home minister Fayyaz Ahmad Toru said at a news conference.
Toru said the reports of intelligence agencies had suggested that terrorists could target election campaigns of the candidates, but the government was taking all possible steps to create conducive atmosphere for elections.
Agencies
