Historical chart of Pakistan rupee exchange rate vs US dollar

Following is the chart of rupee exchange rates against US dollar. It is interesting to see that between 2001 and 2007, the exchange rate remained almost the same but with the start of rise in oil prices and lawyers movement in Pakistan, the rupee totally collapsed.   In my personnel opinion, …

OH NO, NOT AGAIN

Tanvir Ahmed Siddiqui   Mostly we are not afraid to try again, we are usually afraid of getting hurt again for the same reason. Here we go again with mixed signals of those uniformed extra ordinary minds perusing their same old ambitious minds under camouflaged helmets to settle their personal scores. …

Chinese technology can identify you by your walk

BEIJING: A new biometric identification technology developed by Chinese scientists allows the identification of people by the way they walk, without the need to look at their faces. The gait recognition system includes a camera that is functional within a distance of 50 meters from its target and capable of …

Pakistan’s treasure chest of rubies

AFP The people of Azad Jammu and Kashmir (AJK) are sitting on a treasure chest: millions of rubies, estimated to be worth up to half a billion dollars, are lying beneath them. But archaic tools and a lack of investment in infrastructure and techniques are hampering efforts to transform the …

DISAPPOINTMENT ALONG LOC

ALI SUKHANVER  Indian army’s unprovoked firing on innocent children, girls and old men and women living peacefully along the Line of Control seems a result of a feeling of loss, a sense of defeat or something like depression on the part of the Indian soldiers. On 6th of this October, …

CDA declares two housing schemes illegal

  cancels NOC of another three The Capital Development Authority’s (CDA) Housing Societies’ Directorate on Thursday declared two housing schemes illegal and cancelled no objection certificates (NOCs) granted to three others. The two housing schemes declared illegal by CDA’s Housing Societies Directorate are: Tele Town Housing Scheme, Mauza Gora Mast, …

Energy Charter Treaty and Chairmanship of Turkmenistan: A Befitting Proposition for Pakistan

Mehmood Ul Hassan Khan Energy is life and Energy Charter Conference [ECC] is striving hard to maintain life easy and smooth by achieving the desired goals of energy efficiency, diversification, investments and above all uniformity of the legal framework among the members countries. Central Asian Counties [CACs] are blessed with …

Real Estate business is booming in Pakistan

UBS report predicts collapse of house prices in West Bahria Town says annual production capacity stands at around 350000 units against the demand of 800000 which provides better than ever investment opportunity  By Sabir Shah  Contrary to the situation in globally-renowned Western cities like Amsterdam, Toronto, London, Munich, Stockholm, Vancouver, …

Two M Pakistanis suffer from Alzheimer’s disease

 The fast growing population of elderly people in the country is increasing the incidence of Alzheimer’s alarmingly with around two million Pakistanis suffer from the preventable condition and their numbers are mounting, warned health experts on Tuesday. Alzheimer’s is a type of dementia that causes problems with memory, thinking and …