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I take oath on Quran I never received a penny from Malik Riaz: Imran

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Brushing aside allegations of receiving money from real estate tycoon Malik Riaz, Pakistan Tehrik-e-Insaf Chairman Imran Khan said;  I take oath on Quran I never get even a penny from Malik Riaz. Imran Khan categorically denied that any of his party member had taken money, reasoning if it happened he must have known that. The cricketer-turned politician said he would not let the judiciary to be toppled. He said a politician, sitting in Rawalpindi, should be ashamed of leveling baseless allegations. Imran Khan further said President Asif Ali Zardari had appointed Husain Haqqani as ambassador to US and he was also involved in the memo conspiracy. The PTI chief also spoke against war against terror, saying no issue could be resolved through war. Imran Khan said that he will stand by the Supreme Court of Pakistan. He said that conspiracies against the apex court Read More »I take oath on Quran I never received a penny from Malik Riaz: Imran

Malik Riaz claims spending Rs 342m on Dr Arsalan

Islamabad:Former owner of Behria Town Malik Riaz submitted written statement in SC against Dr Arsalan, statement says he spent a total amount of Rs 342 million on chief justice’s son Dr Arsalan.

The written statement of real estate tycoon Malik Riaz, which he submitted in the Supreme Court on Tuesday, stated that he spent a total amount of Rs 342 million on chief justice s son Dr Arsalan Iftikhar.
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Pakistan economic survey 2011-12

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Agriculture sector posts 3.15 percent growth 

The agriculture sector posted a growth of 3.1 percent during 20110-12 mainly due to positive growth in agriculture-related sub-sectors, except for the minor crops.

According to the Economic Survey of Pakistan 2011-12 on Thursday, major crops accounted for 31.9 percent of agriculture sector and experienced a growth of 3.2 percent in fiscal year 2011-12 as against the negative growth of 0.2 percent in 2011. The significant growth in major crops was contributed by rice, cotton and sugarcane by 27.7 percent, 18.6 percent and 4.9 percent, respectively.
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QS Ranking 2012: 5 Pakistani universities among 300 top Asian universities

Investment in higher education in the country continues to reap dividends as according to QS World Universities Rankings 2012, five Pakistani universities have won a place in the list of top 300 universities in Asia.

Quacquarelli Symonds (QS) UK is the world’s most renowned and prestigious ranking agency.

National University of Science and Technology (NUST-108), Karachi University, AKU, Lahore University of Management Sciences and Lahore University are now in top 300 Asian universities.

It speaks volumes of the hard work put in by the management and faculty of these universities and consistent support of the Higher Education Commission (HEC).Read More »QS Ranking 2012: 5 Pakistani universities among 300 top Asian universities

Pakistan heading for new financial crisis

* Analysts say miniscule tax revenues, mismanagement and overgenerous subsidies mean country faces major financial crisis

Miniscule tax revenues, mismanagement and overgenerous subsidies mean Pakistan is heading for a new financial crisis, say diplomats and analysts, with this week’s budget unlikely to offer any respite.

The budget deficit stood at 6.6 percent of GDP last year, according to the State Bank of Pakistan (SBP), which warned that government borrowing was crowding out the private sector from access to credit.Read More »Pakistan heading for new financial crisis

The Case for Education in Balochistan

By Bushra Zulfiqar

Education is not only the path towards economic development and social progress but it essentially is also the push factor towards human excellence and intellectual liberation. It is the art of knowledge creation and the pursuit of unraveling the ultimate truths of universe, which intensely captivates human intellect. Education, if looked at objectively is the only way to achieve the God gifted potential of human mind, the brain power. Through education, and importantly the right kind of education, a process of openness of heart, mind and soul takes root. Moral consciousness, human sensitivity, social justice, tolerance, pluralism and an equality of all beings are some of the seeds it sows, in the fertile and raw brains. Keeping that process directed and goal oriented is a lifelong course, and ironically very few remain focused on the self exploratory path and that too by default and not by design. The system fails to comprehend, excite and facilitate education as a lifelong process of discovery, starting from self and gradually encapsulating all, all under the sun. A right kind of education is the undisputable solution to all human, social and economic problems. It is the not just a solution but it is a means to achieving the highest levels of civilization comprising of intellectual and technological advancement.Read More »The Case for Education in Balochistan

Pakistan’s struggling economy

Abdul Wajid Khan

Pakistan’s economy is facing the worst time of its history and witnessing some serious jolts. Pakistan is struggling to counter its current economic instability. The major problems of our economy are the result of increasing inflation, constant depreciation of the rupee against the dollar, mismanagement, corruption and bad governance. The increasing prices of petroleum products, low growth rate, energy crisis, menace of terrorism, worsening law and order situation add insult to injury.
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