New wave of price spiral on its way
As the falling rupee has already made imports costlier, consumers are set to pay Rs0.50 to Rs2 per kg more as the direct outcome of over nine per cent increase in petroleum prices for this month.
The rupee stood at Rs80 to a dollar in January 2009 which slipped to Rs84.50 in January 2010 and on [...]
Our source of National Pride
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Nationalism is best understood in contrast to patriotism. Patriotism is simply love for one’s country, whereas nationalism is the sense that one’s nation is the best, often because it is more sacred than other nations. For the past few months, ‘Wake Up Pakistan’ – a campaign targeting this country’s youth – has been [...]
Loans WriteOffs
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The State Bank informed the Supreme Court on Tuesday that commercial banks had written off loans of up to Rs256 billion of more than 669,000 people over a period of about 40 years.
After taking suo motu notice of press reports that the central bank had quietly allowed commercial banks to write off loans [...]
Afridi’s Fiasco
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Just when we thought Pakistan cricket had hit rock bottom, along comes another shocker. No, this time round it wasn’t spineless batting, appalling captaincy or dreadful catching that made the nation hang its head in shame. No less a person than Shahid Afridi, Pakistan’s stand-in ODI skipper who has been in the team [...]
Indian goods being taken to Nato troops via Pakistan
Despite Pakistan’s refusal to let Indian products be taken to Afghanistan through its territory under the Afghan Transit Trade (ATT), Indian goods are being taken to the country via Pakistan under the tags of Isaf and Nato.
Documentary evidence placed in the National Assembly library may have failed to catch the attention of honourable parliamentarians, [...]
Committee on Oil Price
The committee of experts constituted by the government on the instructions of Supreme Court to revise the oil pricing mechanism has decided to present a two-point report to the court for guidance, or decision, as all its computations require increase in prices to offset the ‘negative margins’ of refineries.
Members of the committee and representatives of [...]
Water Problem
Estimates vary but experts believe that the current rabi cultivation season could see a water shortfall of anywhere between 30 and 45 per cent. Some believe that the region hardest hit by this shortage will be southern Punjab, which is said to account for nearly 50 per cent of the country’s wheat production.
Making matters worse, [...]
Man uses RTI to recover stolen phone
Lost your mobile phone? If you’ve given up all hope of ever getting it back, here’s a last-ditch idea that might just work — filing a Right to Information (RTI) application.
Maneet Singh Bakshi lost his Motorola L-9 to a pickpocket at a roadside eatery in Rohini, west Delhi. He went to the local police to [...]
Apple CEO unveils new tablet computer
Apple Inc Chief Executive Steve Jobs took the wraps off the “iPad” tablet on Wednesday, looking to define a new category of wireless device that will play video, games and all sorts of other media.
Jobs, who returned to the helm last year after a much-scrutinized liver transplant, is hoping to sell consumers on the value [...]
Talibans are Invited to Join Afghan Army
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The commander of US forces in Afghanistan said in an interview published on Monday that senior Taliban leaders could join a new government in Kabul. Although US leaders started talking publicly about including the Taliban in a political solution earlier this month, Gen Stanley McChrystal went a step ahead when he spoke [...]
