KARACHI: Pakistan’s expected rate of inflation for the fiscal year 2009-10 has been revised upwards to 11 percent from an earlier projection of 9 percent on higher energy costs, the International Monetary Fund (IMF) said. Read More »Pakistani inflation seen at 11% for FY ’09-10
British High Commission has lost passports of many Pakistanis
By Muhammad Saleh Zaafir
ISALMABAD: Pakistan and the United Kingdom will discuss their strategic relationship during the visit of the British Foreign Secretary David Milliband, who is reaching here today (Saturday) for a day-long stay in the capital. Read More »Islamabad to take up visa issues with UK
An amazing Vintage car, Buick 1938, is available for sale at Karachi.
It was previously owned by the State of Bhwalpur.
Associated Press of Pakistan
ISLAMABAD: Unless Pakistan starts using coal directly as a substitute for gas consumption in the power plant and other industries, it may not be able to meet the growing demand of gas which has a major role in national economy.Read More »Use of indigenous coal reserves must to overcome energy crisis in Pakistan
Ahmad Rafay Alam
The Supreme Court and the High Courts have always been the protectors of parks and green spaces. Recently, the Supreme Court had a wholesale shopping market in Karachi agree to relocate after finding that the land it occupied was originally meant for public space. The Supreme Court is also hearing cases regarding commercial activities in a park in Islamabad.Read More »New thinking on public parks
Some details about newly introduced Suzuki Swift in Pakistan Features The new Suzuki Swift is a compact car that’s based on a fresh approach to design and development, delivers a driver and passenger experience that’s… Read More »Suzuki Swift specifications and prices in Pakistan
From anticipated default to vulnerable economic recovery
By M. Sharif
During the year under review, the economy has moved away from a precarious state of sovereign default on account of depletion of hefty forex reserves of more than $16.5 billion in October 07 to $6.0 billion by November 08, because of steep increase in prices of oil and other commodities in the international market during 2008 that negatively affected the domestic market. An added factor was indiscrete fiscal expansion that increased to Rs688 billion during the period of interim government. Read More »Pak Economy: ECONOMIC REVIEW 2009
By Zafar Iqbal
Recent statement of Indian, External Affairs Minister S M Krishna about the development activities of China in Pakistan administered Kashmir has triggered growing antagonism between China and India. Indian Minister Krishna described Chinese activities in Pakistani side of Kashmir as “illegal” and said that ‘India has conveyed its concern over this as well as supply of Chinese weapons to Pakistan’. Reiterating India’s longstanding stance, he elucidated that “neither Pakistan nor China have a ‘locus standi’ in Kashmir”.Read More »Indo-China diplomatic war over Kashmir
ALI SUKHANVER
Innocence and sincerity are no more admirable traits of a human character; they are simply a sin and a crime. A sincerely innocent person is always rewarded with the violation of his basic human rights. This world of modern temperament never lets an innocent and sincere person live a life of calm and peace; he is always exploited and abused. The people of Pakistan are also being punished and penalized for the sins of innocence and sincerity.Read More »INNOCENCE IS A CRIME : SINCERITY IS A SIN
KARACHI: The government has notified the rules for the National Saving Bonds, which could also be traded in the stock exchange and could be pledged as securities in Pakistan.Read More »Pakistan National Saving Bonds: new rules