Latest Pakistan News
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Pakistani Bishops Decry Discrimination in Textbooks
Curriculums Continue Despite Ongoing Appeals to Foster PeaceBy StaffROME, May 30, 2013 (Zenit.org) - The Pakistani bishops are reiterating an appeal to their government to form young people in a mentality of justice and peace and remove religious discrimination from textbooks.According to the Fides agency, the episcopal conference's Justice and Peace Commission submitted a report on ...
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Kashmir court orders reopening of Kunan Poshpora mass rape case
A court in Kashmir on Tuesday ordered the reopening of Kunan Poshpora mass rape case.The Chief Judicial Magistrate Kupwara, J. A. Geelani, while dismissing closure report of Jammu and Kashmir police in the case, asked police to "further investigate to unravel the identity of those who happen to be perpetrators."The court said the investigation would be conducted by an officer not below ...
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Seven people were killed and four others were wounded following night-long ethnic clashes in Karachi…
Seven people were killed and four others were wounded following night-long ethnic clashes in Karachi ISLAMABAD - Ethnic violence killed seven people in Karachi province of Pakistan on Tuesday.Mirza Adem, a senior police officer, stated that seven people were killed and four others were wounded following night-long clashes in ethnic-sensitive areas of Karachi.Police staged operations on some ...
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Karzai boycotts US-backed talks with Taliban because of Pakistani hand
Hamid Karzai suspended negotiation with Washington on Wednesday over a bilateral security agreement, angered by the perceived betrayal of Kabul by the Americans, who in turn appeared to have been suckered by Taliban. The terrorist group, given political stamp of approval by the Obama administration on Tuesday, killed four US soldiers in an attack hours after the talks agreement, despite ...
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Pakistan to address energy with IMF
Pakistan said it would brief the International Monetary Fund on plans to address the energy crisis as part of a financial bailout package. Pakistan started talks Wednesday with IMF delegates on its request for a $5 billion bailout package. Pakistani newspaper Dawn reported the government was working to cut its fiscal deficit from 8.8 percent to 6.3 percent of gross domestic production for the ...
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Investors to gain access to Pakistan with imminent fund launch
The first Pakistan fund, the Melchior Selected Trust Pakistan Opportunities Fund (MSTPOF), will be launched on 19 June by Dalton Strategic Partnership LLP, advised by KASB Funds in Karachi. At launch, it is believed that MSTPOF will be the only Luxembourg UCITS Fund dedicated to investing in Pakistan equities. Dalton Strategic Partnership LLP believes that Pakistan warrants particular ...
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Pakistan violates ceasefire after Army foils another infiltration bid
As the infiltration bid was foiled, Pakistani troops opened heavy firing on Indian posts in Mandi, Krishna Ghati and Chakan-Da-Bagh in Poonch ...
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Pakistani community gives envoy fond send-off
The event, at Grand Midwest hotel in Dubai Media City on Friday, was attended by Pakistan Association Dubai members and dignitaries from the wider Pakistani community in the ...
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Pakistan closes university and hospital after fatal attacks
Pakistani have authorities closed Sardar Bahadur Khan Women's University and Bolan Medical Complex in Quetta after terrorist attacks killed nearly 90 ...
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Pakistan cricket board ordered to name new chief
Zaka Ashraf speaks at a press conference in Dubai last year. A Pakistani court Wednesday ordered the government to appoint an interim head of the cricket board, after the current chairman was suspended over a legal challenge to his ...
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Pakistan discovers new gas reserves
Islamabad, June 19/Nationalturk- In what could be termed as a good news for the country facing energy crisis, a huge reserves of natural gas have been discovered in Southern Pakistan. "Huge reserves of natural gas have been discovered in Sindh province of Pakistan. 39 million cubic feet gas reserves have been discovered during the drilling of wells in Sanghar area in Sindh," ...
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Pakistan seeks IMF bailout
Pakistan and the International Monetary Fund (IMF) are opening on Wednesday week-long discussions on Islamabad's latest fiscal and macroeconomic adjustments and its request for a possible US$5 billion bailout package for repayment of the fund's outstanding loans. A senior official of the ministry of finance said the government had made a fiscal adjustment of about 2.5 percent of GDP ...
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Five More Killed in Karachi Violence
Islamabad, June 19 (BNA) - Five more persons were killed in overnight firing and violence incidents in different parts of this mega-metropolis city, Pakistan's Geo News reported Wednesday morning. Police said that unknown persons opened fire on a vehicle killing van driver Imran at sector 5-C2 of North Karachi in the vicinity of Khawaja Ajmernagri police station. One person was shot ...
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Pakistan funeral bombs death toll rises
THE death toll from a suicide attack at a funeral in Pakistan has risen to 34 after seven victims died overnight in hospital, police ...
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Pakistan’s new government delivers pro-business budget
Pakistan's newly-installed government of Nawaz Sharif's Pakistan Muslim League (PML-N) announced its first budget amid slow economic growth, a massive fiscal deficit and dangerously depleted foreign reserves. The government also faces declining foreign investment, a chronic power crisis and double digit inflation. The budget is a desperate attempt to encourage investment, while cutting ...
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Pakistans Champions Trophy defeat prompts Whatmores exit
Islamabad, June 18 : Pakistan's defeat in the Champions Trophy has prompted calls from former players, media and fans to overhaul the system and ditch coach Dav Whatmore and under-performing ...
Karachi Feature
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Karachi reaching for sky with high-rise developments
There is more to Karachi than factional violence and political strife, as is seen in the recent major realty developments taking place in the city.
All residents of Karachi are aware that the city contributes some 20% to the total GDP of the entire country, it is the financial center of Pakistan and is also Pakistan’s most famous city. Since the political crises of the 1980s and the resultant economic backlash the city and the country has struggled with much capital leaving the city. Since the global downturn the city has seen another wave of economic stagnation, but as the world recovers and the local and national government build international integrity, the future fortunes of the city look promising. Read more
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