Karachi

Pak Government can bring back Aafia in a day

Karachi, Sep 20 : Pak Government can bring back Aafia in a dayOne day is enough to bring American educated Pakistani neuroscientist and terror suspect, Dr Aafia Siddiqui, back to Pakistan if the government takes the issue up seriously, her sister Dr Fauzia has said.

She was talking to reporters after her arrival in Karachi along with Aafia’s son Muhammad Ahmed, who was recently released from custody in Afghanistan.

Dr Fauzia said that they would approach the International Court of Justice if the American courts did not provide a just decision in Aafia’s case.

Pakistan rupee hits new low against the dollar

Karachi - The Pakistan rupee plunged Friday to a new record low of 78 against the US dollar on global financial jitters and domestic economic woes, traders said.

The rupee closed at 78.00-05 against the dollar in both the open and inter-bank markets as compared with 77.70-80 on Thursday.

Traders said lack of inflow of foreign currency and import pressures were the main reasons for creating a shortage.

They said the weakness in major global financial markets would further decrease foreign investors' interest in small emerging markets such as Pakistan, which is facing a myriad of economic problems.

Sindh Govt asks Arts Academy to vacate Hindu Gymkhana building

Karachi, Sept 19 : The Sindh Government has reportedly served a notice on the National Academy of Performing Arts (NAPA) in Karachi to vacate the Hindu Gymkhana, and hand over its possession to the Sindh government without any compensation.

According to The News, the NAPA has been directed to vacate the Hindu Gymkhana premises within three months of the receipt of the notice.

Once the NAPA vacates the premises, the provincial Culture Department would allow the Hindu community to use a certain portion for their cultural and social activities, while the other portion would be used for setting up a centre for Sindh arts and crafts, added the paper.

Pakistan human rights body asks UN help to avert humanitarian crisis

Pakistan human rights body asks UN help to avert humanitarian crisis Karachi  - Pakistan's leading human rights body on Wednesday called for an immediate United Nations intervention to avert an unfolding humanitarian disaster in the country's north due to a prolonged war with Islamic militants.

Pakistan plans energy sales to avoid default

Karachi - Amid rising rumors of an imminent financial default, the government of Pakistan recently laid out an ambitious emergency plan to dispose of its multibillion-US-dollar energy assets to raise money.

Among the first in line is the sale of rich Qadirpur gas field in southern Sindh province, just 260 miles north-east from the port city Karachi.

With whopping reserves of around 2.9 trillion cubic feet, the gas field is considered worth more than 3 billion dollars in international markets and is also regarded as a vital strategic asset.

Pakistan rupee slides to record low on border tension

Karachi -Pakistan rupee slides to record low on border tension The Pakistan rupee on Wednesday plunged to a new record low of 77.66 against the US dollar amid rising tension with the United States over military operations inside Pakistani territory, traders said.

The rupee finally closed at 77.40 to a dollar in the open market but traders said it would slump to 78 by Friday as worsening relations with the US, the biggest donor, could cloud prospects of Pakistan receiving urgent financial aid from multilateral agencies to boost fledging foreign currency reserves.

Pages