ISLAMABAD: The differences among provinces over the distribution of water have intensified even further due to rising water scarcity in country, Geo news reported.
Meanwhile, the Sindh province has barred share of Balochistan water. Also, IRSA has failed to get Balochistan its due share of water.
Sources told Geo news, the province of Sindh has kept Balochistan?s share of water blocked for last 10 days. Only 1800 cusec of water is being released for Balochistan instead of 3000 cusec, which becomes 40 percent of its share.
The Chief Engineer Irrigation of Balochistan Ahmed Ibrahim Rind Monday lodged strong protest over the blockage of Balochistan?s 40 percent share of water and called upon IRSA for its help to resolve the issue.
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TOKYO: The euro edged higher in Asian trade Tuesday as Europe’’s debt woes eased slightly, dealers said.
The euro firmed to 1.3653 dollars in Tokyo morning trade from 1.3648 in New York late Monday, and to 121.92 yen from 121.86. The dollar was flat at 89.29 yen.
The euro added gains after “the cost of insuring government debt in Greece, Spain and Portugal eased a little and European equity markets posted modest gains,” noted NAB Capital strategist John Kyriakopoulos.
But he warned that concerns over Europe’’s debt problems “are still simmering away” as eurozone finance chiefs at a weekend Group of Seven meeting in Canada failed to produce strong signals over a rescue plan.
“While European policy makers are adamant the situation in under control, market participants are very still sceptical,” he added.
In recent weeks, the euro has been hammered by worries that debt-ridden countries such as Greece, Spain and Portugal may be unable to restore stability to their public finances, having spent heavily to combat recession.
Greece has a public debt of more than 294 billion euros (412 billion dollars).
In thin trade investors had their eyes on Chinese exports and new loan data out on Wednesday to gauge prospects for fresh measures by Beijing to prevent its economy overheating, dealers said.
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Pakistan News
ISLAMABAD: The government is planning to take fresh steps in the federal budget for 2010-11 in an attempt to enhance tax collection target to Rs1,711
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KARACHI: Another Pakistani bank on Monday expressed desire to buy local operations of once-mighty Royal Bank of Scotland (RBS) which has been up for s
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Pakistan News
LAHORE: The Lahore stock market on Monday recorded some fresh buying which pushed the LSE 25-share index up by 19.11 points to 3,067.66.
In the
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ISLAMABAD: Inflation, measured by the Sensitive Price Index (SPI), covering 53 kitchen items of daily use rose by 18.18 per cent in the week which end
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NEW YORK: Oil rose toward $72 a barrel on Monday, as a weaker US dollar and cold weather provided support after three straight losing sessions. Unusua
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KARACHI: Federal Minister for Production and Industries Mir Hazar Khan Bijarani on Monday said the country was continuously in the grip of low product
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KARACHI: The ongoing financial results announcement season and fundamental change in a couple of leading stocks invited extended buying on the Karachi
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KARACHI: The Karachi Stock Exchange (KSE) has invited bids for its membership right (seat) from eligible individuals, corporate bodies, financial inst
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