Business Oil purchase: Power companies reluctant to make advance payments Zafar Bhutta A persistent tussle between power companies and a major oil supplier on advance payments may aggravate the energy crisis as power producers have so far been reluctant to buy petroleum products by opening letters of credit which will ensure prompt payments for oil supplies, sources say. Start-up seeks to tap $1b Pakistani restaurant market Farooq Baloch With conservative estimates suggesting that Pakistanis spend close to $1 billion a year on dining out, a number of technology start-ups are seeking to cash in on this highly lucrative market, seeking gains from a consumer market of 180 million people. _______________________________________________ Sports Drogba confirms Chelsea departure Our Correspondents Ivory Coast striker Didier Drogba confirmed yesterday that he will leave newly crowned European champions Chelsea when his contract expires at the end of June. Hockey: Pakistan placed in tough Olympics group Our Correspondents Pakistan's only realistic medal-winning chance at this year's London Olympics took a hit after the hockey event's draws were announced yesterday. _______________________________________________ Life & Style Unlike Pakistan, Afghanistan supports artists: Hamayoon Khan Rafay Mahmood He was invited as a state guest by Afghan President Hamid Karzai, given the best singer award in Pakistan and Afghanistan and recently won everyone's hearts with his rendition of "Larsha Pekhawar Ta" in "Coke Studio". 'Back to Life': Fighting back Saadia Qamar More often than not, disasters strike unexpectedly — anytime, anywhere. Whether it's the devastating earthquake in Haiti and Japan, the deadly tornados in the Midwest, US, or severe flooding in Pakistan, the impact — both environmental and psychological — of these catastrophes continues for many years. _______________________________________________ |
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