Category archives for: Pakistan

Aitzaz Ahsan submits UN report on immunity in Supreme Court

Counsel for Prime Minister Syed Yousaf Raza Gilani, Advocate Aitzaz Ahsan on Thursday submitted UN report on immunity for Heads of States to the Supreme Court. A seven-judge bench of the Supreme Court with Justice Nasirul Mulk in the chair resumed the hearing of the contempt of court case against the premier. The Preliminary report […]

Sialkot: Sights & Sounds of the Export Capital of Pakistan Part-3

  Sialkot: Sights & Sounds of the Export Capital of Pakistan Part-3   Besides other sports good, Sialkot makes headlines all over the world for its very high quality footballs. As per an estimate approximately 80-85% high-quality hand-stitched inflatable balls production of the world originates from Sialkot. The local football industry earned $164 million in […]

Nawaz Sharif criticizes point-scoring tactics of the government

Pakistan Muslim League- Nawaz Chief, Nawaz Sharif in his latest criticism said that the government was only interested in political point scoring, adding the issue of new provinces should be done with consensus. Addressing a news conference during his visit to Sakardu, the PML-N chief accused the government of not being interested in addressing public […]

Imran Khan missed, Iftikhar Chaudhry, Sharmeen Chinoy among Times’ 100 most influential people

Despite holding a great number of votes , Pakistan Tehreek-e-Insaf (PTI) Chief Imran Khan unable to bag a place in Times’ 100 top most influential people. Contrary to the cricket-turned politician, Chief Justice of Pakistan Iftikhar Muhammad Chaudhry and Oscar winning Sharmeen Obaid Chinnoy listed in most influential people of the world, sorted out by […]

Senator John McCain raises finger at ISI

Senator John McCain, the prominent US Republican expressed disappointment at Pakistan’s spy agency’s continued cooperation with Haqqani network, saying it is reprehensible that Inter Services Intelligence (ISI) maintains a close relationship with the militant outfits. Addressing at an American think-tank Carnegie Endowment for International Peace in Washington, Senator McCain said he had sympathy for Pakistan’s […]

Supreme Court discards Vienna Convention in defence of presidential immunity

The Supreme Court discarded blanket immunity to President Asif Ali Zardari, saying Vienna Convention provides exemption to diplomats and counselor staff, not head of the states. A seven-member bench of the apex court was hearing the contempt of court case against Prime Minister Syed Yousaf Raza Gilani. Aitzaz Ahsan, the prime minister’s counsel attempted to […]

KAPCO profits plunge by 17 percents due to rise in circular debts

KAPCO profits plunge by 17 percents due to rise in circular debts Wednesday, April 18, 2012: KAPCO (Kot Addu Power Company) has seen its profits decline in current fiscal year. As per calculations, the company’s profits have plunged by 17% to Rs4.36 billion due to rise in circular debts. The country’s second largest power producer’s […]

Rehman Malik shoots down Nawaz Sharif’s proposal to unilaterally withdraw from Siachin

Rehman Malik shoots down Nawaz Sharif’s proposal to unilaterally withdraw from Siachin  Interior Minister Rehman Malik on Wednesday said that every inch of the country is sacred and Pakistan will never withdraw its army from Siachin unilaterally. Talking to media after chairing a high level meeting, he castigated Pakistan Muslim League Nawaz (PML-N) Chief Nawaz Sharif for suggesting […]

Kayani calls for lesser spending on defence

Kayani calls for lesser spending on defence Skardu: (Wednesday, April 18, 2012) Pakistan’s Chief of Army Staff, General Ashfaq Parvaiz Kayani, during his visit to Skardu, said today that development of the impoverished people was as important as security of the national border. He said that instead of diverting its resources to fuel an endless […]

Foreign Investment goes down by 65pc in first 9 months of the fiscal year

Foreign Investment goes down by 65pc in first 9 months of the fiscal year Karachi: (Wednesday, April 18, 2012) The ongoing fiscal year has been worst in terms of attracting foreign investment to Pakistan as from July 2011 to March 2012, in the first 9 months of the year, it has drastically fell by 65 […]

Earning hopes drive KSE towards a positive trend

Earning hopes drive KSE towards a positive trend Karachi: (Wednesday, April 18, 2012) After witnessing a negative trend at the shares market and KSE 100-index, the Karachi Stock Exchange finally exhibited a hope among the investors to expect strong corporate earnings in the quarter that closed on March 30. Recovering from yesterday’s declining trend, the […]

Pakistan and U.S relationship should be based on realistic expectations says Sherry Rehman

Pakistan wants its relationship with the United States to be based on realistic expectations, mutual respect for sovereignty and appreciation of each other’s legitimate security interests, Islamabad’s envoy in Washington said. Ambassador Sherry Rehman said Pakistan wants the important relationship to be mutually cooperative. She was addressing a reception held in honour of a visiting […]

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