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Forex reserves inch up to $17.28bBusiness

Forex reserves inch up to $17.28b

KARACHI - Liquid foreign exchange reserves, held by Pakistan, have exhibited a slight rise and reached $17.28 billion compared to $17.09 billion during the week ending on January 15. According to the

Jan 21, 2011
Pakistani millers oppose Indian sugar importBusiness

Pakistani millers oppose Indian sugar import

ISLAMABAD - Pakistani millers oppose sugar imports from India because of fears New Delhi may dump surplus product and hurt the domestic industry, an industry official has said. Pakistan imposes no imp

Jan 20, 2011
Editor's Mail

The poison of corruption

Corruption is the biggest social issue in Pakistan nowadays. It is increasing day by day which is not good for the development of our country. It would be pertinent to say that our country may not be

Jan 20, 2011
Voices from Jamshoro reach KarachiKARACHI

Voices from Jamshoro reach Karachi

KARACHI - A painting exhibition titled 'Tales from the Desert-4 - Voices from Jamshoro' opened at the IVS gallery on Wednesday, showcasing the works of four young artists from Jamshoro.The art pieces

Jan 20, 2011
Editor's Mail

PIA’s sell out

What is being projected as a code sharing arrangement between the PIA and Turkish Airlines is in reality a sell-out of existing PIA routes and slots to New York, Chicago, Amsterdam, Barcelona, Rome an

Jan 20, 2011
Editor's Mail

Poverty in Pakistan

Poverty is a curse. It is consistently on the rise around the globe. According to the latest report of the World Bank, global poverty ratio is on the rise and Pakistan is not an exemption. The ongoing global financial and banking crisis, especially in the USA and the EU has already pushed millions of people into deeper poverty.<br />According to the latest estimates of the World Bank, almost 40 percent of 107 developing countries are highly exposed to the poverty. Pakistan is ranked

Jan 20, 2011
Ministry says Pak EPA DG not sent on ‘forced leave’NATIONAL

Ministry says Pak EPA DG not sent on ‘forced leave’

ISLAMABAD - A spokesman of Ministry of Environment has refuted a news item regarding leave of Director General (Pak EPA) published in Pakistan Today and clarified that Asif Sujha Khan was never asked for any illegal acts and no body forced him for issuing any NOC for housing schemes.<br />The spokesman said the DG (Pak EPA) had proceeded on leave on his own and no hurdle was created in any mega project as the DG (Pak EPA) was fully authorized to exercise delegated powers.<br />He

Jan 19, 2011
From Lahore to Boston:’Culture Shock’KARACHI

From Lahore to Boston:’Culture Shock’

KARACHI - Saba Khan's work for her Master of Fine Arts degree was a journey between Lahore, her hometown, and Boston, where she was studying. The two cities are bipolar, and the shock of switching fro

Jan 19, 2011
Saudis in turmoil as another coach axedSports

Saudis in turmoil as another coach axed

DOHA - Saudi Arabia axed coach Nasser Al Johar after just two games on Tuesday and vowed to replace him with a high-profile international name as the fallout from their dismal Asian Cup intensified.Th

Jan 19, 2011
Mourinho needs to learn respect: BalotelliSports

Mourinho needs to learn respect: Balotelli

ROME - Jose Mourinho is impolite and disrespectful according to his former player Mario Balotelli. Speaking in a new sports pull-out in Tuesday's Gazzetta dello Sport called Extra Time, Manchester Cit

Jan 19, 2011