Just in:  

You are here: Home»Articles & Letters»Letters

Articles and Letters: Letters


It is good to learn that the federal government and cellular industry have reached an understanding on phase-wise blocking of subscriber Identification Modules (SIMs), not verified through Biometric Verification System (BVS).

It is apropos to 'Ministry claims: 67pc of imported edible items contain Haram ingredients' carried by Business Recorder on Tuesday. It is quite shocking to learn that the Ministry of Science and Technology officials have claimed that about 67 percent of imported edible items available in Pakistani markets contain Haram ingredients.
A columnist for Business Recorder has passionately argued: "Pathetic show by Pakistan at the ICC World Cup 2015 has saddened the whole nation so much so that in an unprecedented wave of anger and anguish all segments of society voiced concerns - politicians, economists, media and people on the street. One entity which opted to exercise official silence on the subject is the PCB governing board and its chairman.
It is heartening to note that Afghan Taliban have signalled their readiness for peace talks. According to a report, Taliban representatives are to meet US officials in Qatar soon for possible peace talks on Afghanistan. Other reports said senior Pakistani army and diplomatic officials have said the Afghan Taliban have signalled through the Pakistani military that they are willing to open peace talks.
The truth has finally come out from the horse's mouth about India's destruction of a boat in the Arabian Sea during last New Year's Eve. It may be recalled that at the time the country's defence minister, Manohar Parrikar, had claimed that the boat was laden with explosives, and that on being intercepted by the Coastguard its occupants had blown up the vessel themselves, going down with it.
Dr Ashfaque H Khan interestingly in his article titled "Pakistan's economy lands in deflation" carried by Business Recorder on February 17, has stated that inflation is continuously declining and termed it the stage of deflation. It may be noted that in his earlier article, he commented that downward inflation numbers are defective.
I painfully regret to express that pension payable to EOBI pensioners has been stagnant at Rs 3600 per month as on 01.07.2012. It did not increase in both the budgets announced by the PML-N government for fiscal years 2013-14 and 2014-15 while the pension of federal and all provincial governments' pensioners was increased on both the occasions. It has now Rs 6000 per month.


Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln