ISLAMABAD: Despite obtaining a $5.3 billion bailout package from the IMF and multi billion dollars from other donors, Pakistan will be facing a financing gap of $1.2 billion during the current fiscal year that will result into drawing down of foreign current reserves continuously in 2013-14. Finance Minister Ishaq Dar...
MELBOURNE: Former Pakistani cricket star Wasim Akram, Sunday confirmed media reports that he was remarrying an Australian born Shaniera Thompson four years after the death of his first wife Huma. According to sources, Akram, 47, had proposed Ms. Thompson, 30, in Manchester during Champions Trophy 2013. The couple had first met...
Media and Doctors are considered two important technical pillars of the society and their profession demands utmost professionalism and realism of ethics in performance of their duties. Whereby doctors community is the messiah of the society, giving their services to the ailing humanity, the media is also a responsible segment...
The Government of Pakistan is keen to launch wind farm projects to meet national energy requirement through renewable energy technologies. A spokesman of Alternative Energy Development Board said wind energy is cost effective and can become a substitute to thermal power generation with investments from private sector. He said the...
Lahore: An explosion occurred at an eatery situated in Lahore's old Anarkali area a while back, killing at least three persons and injuring more than a dozen others.Nearby buildings and parked vehicles were damaged as a result of the blast, DCO Lahore, said - Nasim Sadiq, around 37 victims were shifted...
The provincial forest department set a new world record on Saturday by planting 750,000 mangrove saplings at Kharo Chan, Thatta, in a little over 12 hours. This is the highest number of saplings planted within a day. To achieve the feat, 300 volunteers toiled from dawn till the time the...
Sindh Chief Minister (CM) Syed Qaim Ali Shah presented the budget in Sindh Assembly. In his budget speech, the CM said the budget making is always a daunting task especially when the global economy is suffering from years of recession and uncertainty, and when there are serious resource constraints.But we,...
Honda has the big name in the Car Brands and it better knows that how to fool loyal customers, the company did this only because of consistent deal of maintaining the standard of its brand. It is providing luxurious cars with best quality and specification to the Pakistani customers.That’s why it is continuously going...
Finance Minister Ishaq Dar announced the federal government's budget for 2013-14 in the National Assembly with a record outlay of Rs3.5 trillion. It reflected a difficult and ambitious fiscal adjustment of about Rs580 billion — 2.5 per cent of the GDP (gross domestic product) — by reducing subsidies and introducing...
Congratulations to Mountaineer Samina Baig & her brother Mirza Ali to scale Mount Everest, the world's highest mountain with a peak at 8,848 metres. Samina has become the first Pakistani woman to scale Mount Everest and Mirza Ali is the third and youngest Pakistani male to scale the mountain on...
Khan and his seven team members – all of them final-year mechanical engineering students – make up one of the 13 student teams from eight Pakistani universities, which have registered to compete in the Shell Eco-marathon in Malaysia in July. The Eco-marathon, an annual event which takes places in Asia,...
The announcement comes just weeks after the Afghan government launched a new campaign to immunise more than eight million children between six months and five years old throughout the country. It said it had trained 46,000 volunteers to conduct the campaign which is funded by the American aid agency USAID,...
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