Author: K. Shahzad

Basic Needs, National

Promises just remain promises, electricity shortage hits four thousand megawatts in Pakistan

Its January 10th 2010 and we are living into the age when government had promised many times that we will have all our electricity shortages met. Many times in past being not able to fulfill their promises of meting electricity needs in Dec 2008 and according to  next promise June 2009, no w finally once again ruling party unable to met the third one which stated the discontinuation of load-shedding from Dec 2009 for forever. Not only this but just after Government’s dead line for itself to meat all energy challenges country is again pushed into the severe crises of its time. We are now again face the short fall of more than 4000 megawatts. This shortfall causing the load […]

Happenings, International, National

Shelling by India and Pakistan against each other at wagah last night

Pakistani and Indian forces exchanged fire near midnight last night at Wagah border. Four blasts were first heard near 11:30PM on Indian side of border first. Indian forces didn’t bother to do any investigation on it and BSF opened fire for across the border to the Pakistani territory. Firing from Indian forces was first light weapons but soon they shifted to the mortar shells, on this side of border Rangers returned the fire in response to keep the balance. This firing continued till 2:00am in the night and soon afterwords Rangers called the meeting with BSF to exchange thoughts. It was told that initially firing was not from Pakistan side of border and blast may have different causes. Both sides […]

Economy, Finance, National

Paypal’s availability in Pakistan

Paypal is an online merchant, an e-commerce network help people in paying each other online and withdraw money to their bank accounts. It is very easy to use and can be easily integrated with websites and also can be used by professional. Now this network is most widely used in the world and no other even come closer. Problem is Paypal still need to list Pakistan in the list of countries who can use this service. Pakistanis now suffering much from it. For IT services online most people like to pay professionals via paypal but due to they didn”t contracted with Government of Pakistan and also Government of Pakistan done no effort in this regard Pakistan is missing lots of […]

Economy, Inside Story, National

US dollar price hits all time high in Pakistan

Open market buying price of US dollar hit all time high of over 85 Rupees per unit. US Dollar is constantly declining in the international price but its price is Pakistan continued to rise. Also in the inter bank it was being sold at all time high of 84.92 Rs per unit. Dollar have actually risen up about 25 Rs in just in period of last two years by coming to price of 85 from just Rupees 60. It must also be kept in mind that before this US dollar price had taken about years to rise just Rupees 20 in the period of over 10 years when the USD price was on the way to 60 Rupees per unit […]

Economy

OGDCL Pakistan on the road to failure in achieving targets of 2009- 2010

OGDCL is  an oil and gas company which is ran by Government of Pakistan. It controls large amount of oil and gas reserves of the country totaling up to the 45% of gas and 35% of the oil reserves of the country. This company is also responsible for research and development in the sector. The company had a target of digging out 42 wells in current financial year 2009-2010 but is lagging well behind the target and will most likely will be unable to achieve the target. Company have been able to dig just 6 wells up till now in this year and need to dig up about 36 more in remaining period of less than 6 months to achieve […]