Tag: Rising

A global food survey Wednesday raveled that due to high food prices in Pakistan most people do not always have enough food to eat...

The construction of the Diamer Bhasha Dam is expected to be a particular blessing for the cement sector as the process will involve the...

The federal cabinet meeting, scheduled to be held on Friday (tomorrow) would be given a presentation on the consumer price index in the country...

A Bin Qasim Association of Trade and Industry (BQATI) delegation called on Sindh Governor Dr Ishratul Ebad at the Governor’s House and informed him...

Pakistan’s external accounts are set to improve further, as oversees Pakistanis continue to send back home over $1.0 billion every month for the last...

FAISALABAD - The Government College University (GCU) Faisalabad that was having 51st position in the 72 national universities of the country has quickly elevated itself to the 19th position over a short span of just six months. The new vice chancellor, Professor Dr Zakir Hussain's vision is the major difference seen behind this landmark achievement.
"With the contribution of my faculty members and the students, I have a dream to move the institution further upward making it the

KARACHI - Being cheered by strong growth in exports during eight months of the current financial year, the country's economic managers also may like to keep an eye on the shipping freight on exports that fluctuates in accordance with international oil prices.
It is feared that increasing political unrest in the oil-rich Middle Eastern and North African (MENA) region will give impetus to rising international oil prices with Brent crude and New York light sweet crude standing,

LAHORE - Sajida Mir is the kind of no-nonsense person that does not take no for an answer and pursues what she wants until she gets it. This characteristic has pushed her straight from the grass root level into the halls of the Punjab Assembly. Surrounded by an aura of mischief and liveliness, she is not the person one would expect to be after. Born in 1967, in the low socioeconomic areas of Lunda Bazaar, Lahore, this woman, in her forties, says she has never hidden her background,

KASUR - Chunian Bar Association observed a strike against the rising crime in the area and the lawyers boycotted the courts' proceedings completely. Tehsil Bar Secretary General Muhammad Akram said police had failed to control the crime in the district as the robbery incidents had increased. The lawyers demanded higher authorities take concrete steps to control crimes and ensure proper patrolling of police in the tehsil.
FAMILY DEPRIVED OF CASH, GOLD ORNAMENTS: Bandits deprived a

WASHINGTON - A top International Monetary Fund official expressed concern about overall inflation in emerging countries beyond the current spike in food and commodity prices. Naoyuki Shinohara, IMF deputy managing director, highlighted signs of a broadening upward pressure on prices in a speech to Asian central bankers in Colombo, Sri Lanka on Wednesday. "Prices for both oil and non-oil commodities rose considerably in 2010, partly in response to strong global demand, but also because

PARIS - World Bank President Robert Zoellick warned leaders of the top global economies that the world is reaching a danger point where soaring food prices threaten further political instability. "I mentioned that we are reaching a danger point," Zoellick said, adding that he had urged G20 finance ministers and central bank chiefs meeting here to put food first in 2011.
Zoellick said rising prices would eventually result in increased food supplies but in the intervening couple of

KARACHI - Pakistan Telecommunication Authority (PTA) has received a total of 294 complaints of alleged porting of SIMs without consent of the individual involved in the last six months of the previous year. This shows the gravity of the threat posed to rights of mobile phone subscribers.
According to details provided by PTA to Pakistan Today, the authority has received complaints regarding the illegal change of network after Mobile Number Portability (MNP) was introduced and

LAHORE - Citizens of Lahore, mostly the youth, gathered at the Liberty Chowk and later walked to the Kalma Chowk, rallying for 'peace and against religious extremism' on Sunday. This rally, titled 'rally to restore sanity and conscience', was organised over Facebook and the participants of this walk said that they did not want Pakistan to be 'hijacked by irrational hate mongers'.
People from all walks of life protested against intolerance and disharmony in the society and

ISLAMABAD - International anti-poverty agency ActionAid has raised concerns about growing hunger, food insecurity and gender-based violence in Pakistan's flood affected areas.
According to a press release issued on Saturday, ActionAid Pakistan 's country representative Jemal Ahmed said, "Through our close interaction with flood affected communities, we are much concerned about growing incidents of violence against women, including harassment and domestic violence.
Moreover,

DEHLI - Bhola Nath does not care much for India's growth story. Not when the 65-year-old migrant brick kiln worker has stopped buying onions and garlic, key food staples for Indian families, and manages to save just 1,000 rupees ($22) per month. Five of his fellow workers whose 12 hour shifts heating bricks at the kiln earn them 150 rupees ($3) per day seconded the remark.
This group of migrant labourers represent a microcosm of the country's vast underprivileged, who feel they

QUETTA - Provincial ministers in Balochistan Assembly on Tuesday expressed their concern over the deteriorating law and order situation in the province, particularly the growing incidents of abductions for ransom, including that of Hindus.
They suggested equipping Levies Force and police force by giving them a free hand to bust kidnapping gangs. Balochistan Inspector General of Police Malik Mohammad Iqbal, Chief Secretary Ahmed Bakhsh Lehri and Home Secretary Akbar Hussain

MUMBAI - Rising oil prices present a new inflationary headache for Asia and further complicate the task of policymakers grappling with broader price pressures, an uneven growth outlook and surging dollar inflows.
Central bankers in Asia are reluctant to stifle growth by raising rates and are wary of exacerbating yield differentials with western economies and Japan that would further attract potentially destabilising capital flows. At the same time, rising prices are politically