Raheem

Dec 112011
 

11-12-2011

Increasing utility expenses and record depreciation in Pakistani rupee, which in last month only has depreciated by almost 5 percent against Japanese Yen (from 1.0980 to 1.152) and 4 percent US$ (from 86 to 89) has forced the Indus Motor Company (IMC) to marginally increase the retail prices of Corolla, Cuore and Hilux variants with immediate effect.

According to the IMC statement, prices have been increased by around 1.5 percent only on account of very steep decline in Pak Rupee against US$ and Japanese Yen, which is making the imported CKD kits and local vendor parts more costly as the raw materials of vendors are also imported. Continue reading »

Dec 092011
 

By Muhammad Akram

The Pakistan Muslim League (PML-N) has decided to tread cautiously on the path, it chose for itself last month, to bring the PPP-led coalition government to its knees following the emergence of volatile and uncertain political situation in the country in the wake of ‘sudden’ travel abroad of President Asif Ali Zardari, ostensibly on his deteriorating health condition, informed party sources confided to Daily Times on Thursday.

The sources said that PML-N President Nawaz Sharif’s wish for an early recovery of President Zardari was a well-thought move aimed at easing out the tension on the national horizon as rumours are rife of the latter’s feeling tremendous pressure owing to the ‘memogate’ scandal that has reported strained ties between the democratic government and the powerful military establishment. Continue reading »

Dec 082011
 

Dr. Syed Ghulam Nabi Fai

Washington, D.C.

December 7, 2011

(The statement was issued at the Alexandria Court House, Virginia)

 

The Kashmir issue is simply this: the people of a large territory which is not part of any existing sovereign state were assured by the entire international community represented by the United States that they would be enabled to decide their future by a free vote. Until now, this assurance has not been honored.

 

I, as an American of Kashmiri origin am profoundly grateful to the Administration for upholding the position of principle which the United States has sustained throughout the existence of the contentious issue relating to the status of Kashmir. When the Kashmir dispute erupted in 1947-1948, the United States championed the stand that the future status of Kashmir must be determined by the will of the people of the territory and that their wishes must be ascertained through an impartial plebiscite under the supervision and control of the United Nations. The U.S. was a principle sponsor of the resolution # 47 which was adopted by the Security Council on April 21, 1948 and which was based on that unchallenged principle. It was also upheld equally by both India and Pakistan when the Kashmir dispute was brought before the Security Council in 1948. The commitment of the U.S. was indicated by a personal appeal made by President Harry Truman that differences over demilitarization be submitted to arbitration by the Plebiscite Administrator, a distinguished American war hero: Admiral Chester Nimitz. Continue reading »

 Posted by at 9:07 pm
Dec 062011
 

LONDON: Jemima Goldsmith has said that she loaned Imran Khan money in 2003 but he return all after selling the flat in London, in order to pay for his house outside Islamabad.

In a message via social networking site, Jemima clarified that she initially paid the money for the house until he sold his flat and then paid her back.

She said, “Can’t believe we’re divorced and I’m still Imran’s Achilles’ heel. He has faults but greed is not one of them, unlike many in Pakistani politics.” Continue reading »

Dec 042011
 

SAN JOSE, California: Apple failed to convince a U.S. judge to block Samsung Electronics from selling Galaxy smartphones and tablets in the U.S. market, depriving the iPhone and iPad maker of crucial leverage in a global patent battle between the two companies.

In a ruling released late on Friday, U.S. District Judge Lucy Koh in San Jose, California denied Apple’s request for a preliminary injunction against Samsung.

The two companies are engaged in a bruising legal battle that includes more than 20 cases in 10 countries as they jostle for the top spot in the smartphone and tablet markets. Continue reading »

Nov 302011
 

Pakistan’s nuclear programme has made some extraordinary progress by developing one of the world’s smartest nuclear tactical devices, it has been learnt.

According to a western diplomat, the former dictator and the then President General Pervez Musharraf, during one of his meetings with US officials, had deemed it proper to convey it to the Americans what Pakistan possessed and how the country’s nuclear scientists had secured the defence of Pakistan.

The diplomatic source said that New Delhi also knows what Pakistan has produced and what is really unmatched. The Indians got this source said and believed that Musharraf intentionally conveyed this to the Americans so that the country is not treated by the US like Afghanistan and Iraq Pakistan is neither a signatory to NPT nor CTBT, however, it has unilaterally decided to use its nuclear programme only as deterrence against any foreign aggression.

After becoming the target of the Western capitals particularly Washington, which have been unleashing all sorts of propaganda against Pakistan’s nuclear programme, Islamabad has developed one of the most credible and foolproof command and control systems for its nuclear programme. The US authorities have acknowledged the credibility and security of Pakistan’s nukes.

Wikipedia quotes a Washington-based science think tank as saying that Pakistan is increasing its capacity to produce plutonium at its Khushab nuclear facility. The website said that the estimated Pakistani nuclear weapons were probably in the neighbourhood of more than 200 by the end of 2009.

It, however, adds that the actual size of Pakistan’s nuclear stockpile is hard for experts to gauge owing to the extreme secrecy, which surrounds the programme. Pakistan’s nuclear programme was started by Zulfikar Ali Bhutto while the country conducted its nuclear test on May 28, 1998 during Nawaz Sharif’s tenure.
www.thenews.com.pk

 Posted by at 10:13 am
Nov 302011
 

TOKYO: Toyota’s president unveiled a futuristic concept car resembling a giant smartphone to demonstrate how Japan’s top automaker is trying to take the lead in technology at the upcoming Tokyo auto show.

Toyota Motor Corp. will also be showing an electric vehicle, set for launch next year, and a tiny version of the hit Prius gas-electric hybrid at the Tokyo Motor Show, which opens to the public this weekend.

But the automaker’s president, Akio Toyoda, chose to focus on the experimental Fun-Vii, which he called “a smartphone on four wheels” at Monday’s preview of what Toyota is displaying at the show. Continue reading »

 Posted by at 10:11 am
Nov 282011
 

By Afshan Subohi

The attendance of educated youth in Lahore meeting of Imran Khan is seen generally to reflect their distrust of the mainstream politics. The goodwill for Tehreek-i-Insaf in a segment of the business community can be explained probably by its concern about the future amid economic difficulties.

While it is too early to reach any conclusion, the support in elite class for the former cricketer skipper seems to have been generated more by the perceived patrons rather than his own credentials. Continue reading »

 Posted by at 11:23 am
Nov 282011
 

Asif Ezdi -The writer is a former member of the Pakistan Foreign Service

Monday, November 28, 2011

In his first public comment after removal from the post of ambassador last Tuesday, Husain Haqqani asserted that he had resigned to “bring closure” to a “meaningless controversy” over an “insignificant memo written by a self-centred businessman” that was “threatening the country’s fledgling democracy”. He also claimed self-importantly that he had always striven to empower the country’s elected leaders “as per our constitution” and promised to continue his services to the promotion of democracy and the building of a country free of bigotry and intolerance.
Continue reading »

 Posted by at 11:21 am
Nov 282011
 

Farrukh Saleem

ISLAMABAD: President House spending Rs13 lakh a day is not sustainable. Prime Minister’s Secretariat spending Rs15 lakh a day is not sustainable. The Cabinet Division spending Rs80 lakh a day is not sustainable. None of this is sustainable for as long as three out of four Pakistanis make Rs125 a day or less.

Pakistan Railways (PR), Pakistan International Airlines (PIA), Pakistan Steel Mills, Pakistan Agricultural Storage and Services Corporation (Passco) and Utility Stores Corporation (USC) collectively end up losing Rs360 billion a year, Rs100 crore a day every day of the year. This must end. Pakistan Electric Power Company (Pepco) has lost Rs90 billion over the past 12 months. That must end. Continue reading »

 Posted by at 11:19 am
Nov 262011
 

Thar coal project will become operational in December 2013, member of the Science and Technology Planning Commission, Dr Samar Mubarakmand, said on Thursday. Talking to a private news channel, he said that the project would bring prosperity in the country. “Pakistan has enough coal reserves that can provide electricity to the country for more than 500 years,” he said.

He said that development work is in progress and the first 50 megawatts (MW) gasified project has almost been completed. He said that the project is to cost Rs8.898 billion with a foreign exchange component of Rs 5.847 billion that was approved by the Executive Committee of the National Economic Council last year. Dr Mubarakmand said that the success of the Thar coal project would lead to investment from leading international companies. Continue reading »

 Posted by at 3:33 am
Nov 252011
 

Development work is underway in sector I-11/1 and I-11/2, while fund worth of Rs 320 has been approved for the development project. The development of the sector was on hang fire for last 20 years due to land dispute between victims of Bokra Saraheen and Capital Development Authority (CDA). Sources said that 850 plots were allotted to CDA employees in the sector in 1989, while 2,300 plots were allotted to the employees Continue reading »

 Posted by at 11:32 pm
Nov 252011
 

The Capital Development Authority (CDA) has completed more than 90 percent of the development work in Sector I-16 and the allottees have started construction of their houses in the area, said CDA Chairman Imtiaz Inayat Elahi on Thursday.

He was briefing members of Senate Standing Committee headed by Senator Kulsoom Parveen during their visit to inspect the development work in the Sector I-16 on Thursday.

Member Engineering, Syed Ibrar Hussain Shah, Member Estate, Khalid Mehmood Mirza and other senior officers of the authority were also present on the occasion along with worthy officials of other relevant government departments including IESCO and SNGPL. Continue reading »