Economy, Happenings, National, National Development, Stock Exchange

Foreign investment is back in Karachi Stock Exchange

As soon as government ensured the improvements in the energy sector, this have increased the confidence of foreign investors and Karachi stock exchange have observed good investment by foreigners. In last month, Aug 2009 the money foreign buyers bought shares of about $95.3 million and this month on alone 1st Sep, 2009 the investment of 21.29 million was observed from the foreign investors. More over KSE-100 index was ended on its highest of the year at 8,878.64 today. This is big improvement and if the political parties and country’s leadership don’t come up with any other issue this confidence by foreign buyers will further strengthen and loads of foreign investment is expected. As this year KSE-100 index already gained 51.38% […]

Crimes, Extremism, National

Gun attack on federal minister for religious affairs

Islamabad, near melody food Park the federal minister for religious affairs was attacked by armed men and was wounded in the incident. His driver was shot dead in the incident, however he just got some serious wounds. Also a bullet caused the compound fracture in lower leg of federal minister for religious affairs Hamid Saeed Kazmi. His vehicle was attacked by two armed men, who were riding a motorcycle, as soon as they came across Hamid’s vehicle they opened fired killing the driver of car and causing serious injuries to minister. Also minister’s guard was seriously injured in the incident. Minister Hamid himself is now out of any life risk now.

Infrastructure, National

PTCL operations go on halt, strike continues

After having my land-line phone dead from several days, when I just visited the nearby PTCL exchange I came to know that strike by PTCL employees is still continued. The people who are really on strike are the line-men, means no one can have their phone-line fixed if you get the problem in these days. I had visited the exchange after there was no response by PTCL on my complaints from last few days, but came to know can’t get my phone-line fixed till strike by line-men get over. Not only me there were few other people complaining same thing that they need to get their lines fixed as soon as possible. Reminding that this strike was started few days […]

Happenings, National, Sports

PCB denies attending the World Cup organizing committee meeting

Pakistan cricket board have denied to take part in any organizing committee meeting for Cricket World Cup 2o11. One of such meetings is scheduled for tomorrow in Mumbai, India. Pakistan Cricket Board was invited to that meeting earlier and PCB agreed to take part in this. But they have now declined to take part in this and any such meetings. Also PCB added that as Pakistan is no more hosting the cricket world cup 2011 so they must not be invited to any kind of Organizing Committee meetings, in fact remove them from the organizing committee. As previously the Cricket world cup 2011 was to be hosted by Pakistan but considering the security conditions at the country the world cup […]

Happenings, National

Pakistani dies in a reality show organised by unilever

Just wondering how easy it is to play with the lives of other people in this country. Unilever Pakistan was recording a reality TV show for promotion of their product “Clear Shampoo” few days ago in Thailand. Contestants were given the task of swimming, during that Saad Khan who was 32 years old drowned and called for help. The other contestant and the rescue staff tried to help him but he drowned in unclear water to depth that despite six minutes of search he was not found and died in the incident. The question is when Unilever was organizing this reality show why did they neglected the need for properly trained rescue staff and proper rescue equipment. When you are […]