By Mehmood-Ul-Hassan Khan The UAE being the world’s third-largest oil exporter is now rapidly moving towards greater diversification of the economy. Thanks to the constant policies of market liberalization along with effective banking reforms, the… Read More »UAE economy moving towards greater diversification
ISLAMABAD: CIA Director Leon Panetta told Pakistan’s army and intelligence chiefs that he was concerned about a reduction of US troops allowed in the country, but was bluntly told no American boots would be allowed on the ground, Pakistani military officials said on Saturday. Panetta arrived in Pakistan on Friday in an unannounced visit.Read More »No boots on the ground, Pakistan tells America
The salient features of the Khyber Pakhtunkhwa budget for year 2011-12 presented by Finance Minister KPK Hamyun Khan on Saturday, are as follows:Read More »The salient features of Khyber Pakhtunkhwa budget 2011-12
* Former president points out nexus between India and Afghanistan in creating unrest in Pakistan
WASHINGTON: Blaming “a strategic shift of US policy towards India” for an “acute deficit of trust” between Pakistan and US, former Pakistan president Pervez Musharraf has suggested open and frank talks to restore the trust immediately.Read More »US tilt towards India created trust deficit with Pakistan
Regulatory authorities to pay tax on income from fee, penalties
* Will be required to deposit surplus fund in FCF
All regulatory authorities would be required to pay income tax on their entire income from fee charges and penalties—and would be required to deposit this amount in Federal Consolidated Fund (FCF) afterward. Read More »ISLAMABAD: Finance Bill 2011 amendment
The Sindh Government announced a Rs 391.9 billion revenue-oriented budget here Friday for next fiscal, 2011-12, with revenue expenditures totalled to be around 283.14 billion.The budget was announced by Provincial Finance Minister Syed Murad Ali Shah in the Sindh Assembly.“Current budget estimates had been around Rs 340 billion in the previous fiscal,” he informed the House.The House was further informed that the current capital expenditure has been raised from Rs 44.96 billion to Rs 102 billion for next fiscal.Read More »Sindh Budget 2011-12
Associated Press of Pakistan
Lahore: The following are salient features of Punjab budget 2011-12 presented by Finance Minister Kamran Michal in the provincial assembly here on Friday.Read More »Highlights of Punjab Budget 2011-2012
The biggest threat to our economic security today is the non-availability of reliable and continuous power supply. We are fortunate enough to be blessed with unlimited sunshine that can easily meet the national energy needs. Solar energy, being reliable and affordable, will not only help in easing the power crisis but also diversify the energy portfolio by including more in-state resources Read More »The prospects of solar energy for power generation
PROFESSOR ALI SUKHANVER
Who is responsible for the recent worsening situation along the Pak-Afghan borders; Taliban, NATO forces, the Afghan government or the foreign sponsored miscreants ; surely not a difficult question to be answered. The so-called militant-attacks on a security check post in Upper Dir on the first of June, 2011 continued for more than thirty six hours and ended taking lives of many innocent local people as well as of people from security forces. The security forces of Pakistan did all their best to crush the insurgency and now the situation is under complete control. Meanwhile, a 5,000-strong lashkar consisting of the local people has been formed in Upper Dir which will conduct joint operations with the military against the insurgents. The members of the lashkar vowed to establish peace at all costs.Read More »FROM PNS MEHRAN TO UPPER DIR
By Zafar Iqbal
I found Ilyas Kashmiri relatively different from other radical commanders and fighters whom I managed to chat during my journalistic career. Kashmiri was the only prominent militant leader who was always in a commando uniform. He was not a perfect communicator. Most of his answers, which were embedded with traditional assertion of ‘fight against the infidels’, were supported and supplemented by his spokesperson and fellow guerillas. However, Kashmiri was an incredibly proficient militant and strategist and his future plans and actions proved this capability and tactical expertise. Read More »Reminiscences of Ilays Kashmiri