The Express Tribune Newsletter: May 08, 2012 ~ Mera Pak Watan

The Express Tribune Newsletter: May 08, 2012

Today's Headlines

'US should provide information on Zawahiri's presence in Pakistan'

Zahid Gishkori

Reacting to US Secretary of State Hillary Clinton's claim about the presence of Ayman al Zawahiri in Pakistan, the foreign minister has asked Washington to share with Islamabad if it knows the whereabouts of the al Qaeda kingpin.

Post-Bin Laden: New tiff over Zawahiri

Aditi Phadnis

The United States ups the ante, again. Secretary of State Hillary Clinton has said that her country believes al Qaeda kingpin Ayman al Zawahiri is hiding somewhere in Pakistan.

Taxmen eye marriage expenses, school fees

Shahbaz Rana

The country's upper-middle and elite classes may have to pay almost Rs100 billion in the form of an advance income tax in the next financial year, as tax authorities have put forth a new policy of taxing expenditure.

Results of PP-243 withheld following reports of rigging, violence at by-elections

Owais Jafri

After reports emerged of some polling stations in PP-243 experiencing law and order situation, where ballot papers were snatched, and the presiding officers were threatened in Dera Ghazi Khan, the acting Chief Election Commissioner ordered that results be withheld.

Business

Raising funds: Government opens doors to private lenders

Shahbaz Rana

The government has decided, in-principle, to allow individual depositors to invest in government securities through commercial banks; a move aimed at boosting declining savings and ensuring almost double returns to investors against what they currently receive from banks.

Neelum Jhelum: WAPDA spends billions to speed up hydropower project

Zafar Bhutta

The Water and Power Development Authority (Wapda) has agreed on a controversial multi-million dollar deal to buy two tunnel boring machines for the Neelum Jhelum Hydropower project.

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Sports

Stadium finally approved: PCB, city administration sign MoU

Peer Muhammad

The federal capital could be home to the newest international-level cricket stadium in the country after 35 acres were allocated for the purpose in Shakarparian. A Memorandum of Understanding (MoU) to this effect was signed between the Capital Development Authority (CDA) and Pakistan Cricket Board (PCB) on Monday for a state-of-the-art sport facility.

Cricket: Pakistan players unhappy with the board

Our Correspondents

Several senior Pakistan players, including captain Misbahul Haq and former captain Shahid Afridi, are reportedly unhappy with the Pakistan Cricket Board (PCB) after the board's refusal to award them permission for an exhibition Twenty20 in Toronto on May 12.

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Life & Style

Alamgir: Of music and legends

Saadia Qamar

Legendary singer Alamgir, popularly known as the 'Elvis of the East', was paid a musical tribute by many artists at an event held at the Karachi Expo Center on Saturday. The event titled 'Dekha Na Tha' was an ode to the artist's dogged devotion to his art and his vocal prowess which kept on improving during his 40-year-long career. Alamgir's career started in 1972 through the state-run channel PTV and 40 years later, he was awarded the Lipton PTV Lifetime Achievement Award.

The Designers take it up a notch

Hani Taha

If there's one thing Asad Tareen of The Designers is good at, it's taking risks on young blood, fresh out of fashion schools that razzle dazzle on the ramp. Last year, he took a chance with newbies like Akif Mahmood and Mohsin Ali, who many assumed would be nothing more than one-hit wonders. Yet, Tareen not only stocked but 'bought' their collections for his store, effectively transforming his role from a mere stocker to a full on fashion buyer.

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Opinion