The rupee, somehow, managed to stop sharp erosion in its value against dollar on interbank market at the weekend, dealers said. The rupee shed 20 paisa against the dollar for buying at 76.60 and it also lost 15 paisa for selling at 76.65 amid expectations that the State Bank of Pakistan (SBP) may enter with the preventive measures to stop the dollar’s berserk following the unforeseen uncertainties, money experts said.
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By Anwar Syed
WE have all heard of environmental degradation. The ozone layer of the earth’s upper atmosphere is becoming thinner and there is the danger that one day it may develop a hole, which will admit radiation and other influences from the outer space hazardous to life on this planet. Continue reading »
Some idea of the frivolity that now marks most of what passes for leadership these days has been the utterly absurd tug of war that has been going on for about a month between which of the two, the president or the prime minister, would officially celebrate the nation’s independence day. Continue reading »
Dr Sania Nishtar
August 14 is as august as a day can get, both for Pakistanis who have witnessed the perils of partition and experienced the anguish of being in a subservient role as well as those of us born after independence; the latter can be attributed largely to ‘temporal depth’ – the characteristic understanding in nations of the past forming part of the present – and our collective consciousness, both of which we hope, will cascade to the next generation. Most of us would like to believe that the ‘nation’, as a territorial community and ‘patriotism’, as a commitment to the well being of our country, constitutes an important aspect of our lives. Continue reading »
Ghazi Salahuddin
We may detect some similarities between commando culture and cowboy culture. After all, there always seemed something personal in the bond between Pervez Musharraf and George W Bush. And this thought may remind us of Hollywood’s classic John Wayne westerns. One similarity could be the tendency to shoot from the hip. In cowboy culture, it would be to shoot first and ask questions later. Well, are you thinking of March 9, 2007? Continue reading »
While Al Qaeda has a problem with things elongated, where the length is always roughly three times that of the width, Hindus in India trek through the roughest terrain to go to Amarnath to offer prayers before an ice lingam Continue reading »
Brother Bush hasn’t been returning calls for the past three weeks. The Custodian of the Two Holy Mosques is willing to offer safe custody but no more. The Mayor of Greater Istanbul is in no mood to attract Al Qaeda to Anatolia. In Islamabad, the five-foot-one-inch tall woman, the very face of American awe in this country, is trying to secure security for Uncle Sam’s most supple of nephews. An ex-high commissioner, Mark Lyall Grant, the grandson of Sir Lyall (Lyallpur was named after this lieutenant-governor of Punjab), is also trying to jump-start his long-lost colonial sway to get Musharraf legal immunity. Sadly, Chak Shahzad isn’t secure to secure a mortal with a thousand suicidal foes. Then, the chateau at the Chak Shahzad farm isn’t ready yet either. Continue reading »
The Federal Board of Revenue has explained that the rate of withholding tax under Section 231A has been increased from 0.2 to 0.3 per cent on more than Rs25,000 cash withdrawal from the banks. Continue reading »
* Chillers and air-conditioning cabinets allow comfortable outdoor events
By Hasan Ali
LAHORE: Lahoris are no longer concerned about organising outdoor events in the city’s hot and humid weather as a new trend of renting chillers and air-conditioning cabinets (run by generators) has been introduced this summer. Continue reading »
remember the time when one would hear the complaint that Pakistan does not receive much coverage in the American press. That prayer the Almighty undoubtedly heard at a propitious hour and willed it be answered in full measure. The results are now splashed across the pages of American newspapers every other day Continue reading »
The army wants the political leaders to fully own the war on terrorism. Naturally, this will not be possible if the former sides with Musharraf and acts in a manner that weakens the political forces Continue reading »
* PM or federal cabinet likely to send a summary to president
* Law Ministry to notify decision after president signs summary
* Article 248 gives immunity to president: Afgan
By Irfan Ghauri
ISLAMABAD: The government is considering a proposal to protect all acts of President Pervez Musharraf if he resigns, sources privy to the developments told Daily Times. Continue reading »
LONDON, Aug 15: General (retd) Pervez Musharraf has found a most unlikely supporter in this hour of trial in Fatima Bhutto, niece of assassinated former prime minister Benazir Bhutto, trashing the democratic and moral credentials of Asif Ali Zardari and Nawaz Sharif to impeach the president. Continue reading »Akhlaq-ur-Rahman
The impeachment document is going to be a significant historic document; a record important to professional historians and scholars, who, in future, would wish to understand Pakistan, its politics and of course its politicians, and will make it the subject of their doctoral researches. Continue reading »
5pc of power will be generated by 2030 through alternative sources
Load-shedding will end by year’s end
Javaid-Ur-Rahman
ISLAMABAD: The National Assembly was Friday told that windmills would be introduced for energy generation by the end of August for the first time in the country’s history.
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