Katrina wins best entertainer award at Star Screen Awards

Katrina Kaif won the best entertainer of the year award at the recently held Star Screen Awards 2010.

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Happy Birthday Hrithik Roshan

The most handsome hunk of Bollywood turns 36 years old today on 10th January. Hrithik’s birthday bash was attended by high profile Bollywood celebrities.

The Bachchan parivaar and SRK headed straight for Hrithik’s birthday party from the Star screen awards ceremony. Others seen at the bash included Saif, Kareena, Kangana, Arjun Rampal and Vivek Oberoi.

We wish Hrithik Roshan a very happy birthday and a great year ahead.

Salman: Zarine doesn’t look like Katrina

Salman Khan who will be seen back on the silver screen with Veer alongside Zarine Khan, and denies that her leading lady resembles with Katrina Kaif.

Salman says, “Except being fair and having a sharp nose, I don’t see any similarity between them. Give god that credit for not making two people identical.”

Talking about Zarine’s character in the flick, Salman says, Throwing light on how his co-star Zarine Khan joined the cast, Salman said: “The film is of a different genre, so we needed a young fresh look. More than that we needed somebody with a yesteryear look. How our grandmothers and great grandmothers used to look, we needed someone like them.

“Just two weeks were left to start the film and we didn’t have anyone who would fit the role. We were searching left, right and centre and met her by coincidence on the set of Subhash Ghai’s ‘Yuvvraaj’.”

Veer releases this Friday. Do you think it will be a hit?

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Liyari Committee not linked with PPP: Malik

ISLAMABAD: Federal Interior Minister Rehman A Malik said the government will take action against anyone who challenges the writ of the government, Geo News reported Tuesday. Addressing National Assembly, he said the Interior Ministry is performing its duties in accordance with the Law. No Blackwater is operational in Pakistan and no visa has been issued in this connection, he maintained adding no diplomat would be allowed to carry out any illegal and clandestine activities in the country. He continued to say there are at least 411 US nationals residing in various sectors of the federal capital, of them, 289 are diplomats with 118 vehicles in their use. A group named Aman Committee based in Liyari also takes extortion money, the federal minister said the Committee has nothing to do with Pakistan People’s Party (PPP). He said the Liyari Aman Committee is working since the time of Rehman Dacoit. Earlier talking to journalists outside the Parliament, he said the law and order situation in Karachi has been brought under control, as no untoward incident occurred during the last 48 hours, adding issue in Karachi is not a political one; nor is it factional. The Interior Minister said the surgical operations have been ordered in specific areas of the provincial capital. On query regarding his differences with PPP MNAs over government measures, he said these MNAs have right to protest; but, he will keep on performing his duties as interior minister. He also vowed to provide every support to the Sindh government at all cost, which it wants.

Wasim advises PCB to introduce new cricketers

KOLKATA: Former captain Wasim Akram severely criticizing Pakistani cricketers playing in Australia, has advised the Pakistan Cricket Board (PCB) to give chance to new cricketers. Wasim Akram, who is present in India for coaching of the Kolkata Knight Riders (KKR), said that senior players are the cause of chaos in the Pakistan team and they are scoring less runs. Therefore, they should be replaced by such young players who by learning in a year may be able to serve the country for the next two decades. Wasim understands that Test cricket is the only game of cricket and it is like a long race for which every team requires special talent, mental fitness and spirit. Presently, Pakistan cricket team lack all these qualities. Wasim Akram termed Mohammad Yousuf an inexperienced captain but added that he has the potential of looking a better captain in coming days.

SBP report expects inflation by 12 pc in first quarterly

ISLAMABAD: State Bank of Pakistan (SBP) said the tax revenues will stand low owing to the ongoing war against terrorism. The central bank issued its report for the first quarterly, which anticipated that inflation rate will remain between 10 and 12 percent. However, at the time of budget 2009-10, the Government was expecting that inflation would come down to a single digit at the end of the year and it pursued a tight monetary policy throughout the year. However the Government’s expectations were not met due to rising prices of food items, which accelerated the inflation. Inflation declined from a record high level of 25.3 percent in August 2008 to a 22-month low in October 2009 of 8.87 percent. However due to soaring oil prices and increase in electricity tariff during the last couple of months, inflation once again entered into double digits and went up to 10.51 percent in November and 10.52 percent in December 2009. Inflation recorded at 10.52 percent in the last month (December) of previous year as against of 23.34 percent of December 2008. Inflation would further go up in the current month (January) and in the coming months, as the Government has increased the power tariff (gas and electricity prices) with the start of New Year 2010. The prices of electricity would be further enhanced from March, which would further accelerate the inflation so it might be feared that inflation would remain in double digits in the second half (Jan-July) of the financial year 2009-10. The report also said the rate of economic growth is expected to stay at 3.3 percent during the current fiscal year; while, the foreign remittances are expected to remain between $7.80 billion to $8.80 billion. The first quarterly reports said the export volume will remain between $18.50 billion $19 billion; while the volume of imports is expected to remain between $30.50 billion and $31 billion during the first quarter. The fiscal deficit account is expected to remain between 4.7 and 5.2 percent and the current account deficit will range between 3.7 and 4.7 percent. The Agricultural and industrial sectors have been expected to show recovery; however, the biggest challenge would be to improve tax and GDP rate.

China tests anti-missile defense system

BEIJING: Amid rising tension between Beijing and Washington over the US weapons delivery to Taiwan, China test fires a system for intercepting missiles. A successful test report of "ground-based midcourse missile interception technology" was released on Monday by the official news agency. "The test is defensive in nature and is not targeted at any country," it said, adding that the test was conducted within Chinese territory and achieved the expected objective. The report follows repeated complaints in recent days by Beijing over the US-Taiwan weapons deals. Though, China split with Taiwan amid civil war in 1949, it continues to regard Taiwan as part of its territory. In recent weeks, the US awarded a 969-million-dollar contract to Lockheed Martin for the provision of 263 PAC-3 air defense missiles to Taiwan. A USD1.1 billion contract was also awarded to Raytheon Co. for production of the Patriot Air and Missile Defense System for Taiwan. The sale rounds out a USD 6.5 billion arms package approved under then US President George W. Bush in late 2008. China has reiterated objection to the US arms sales to Taiwan, calling it interference in Beijing's internal affairs that could undermine relations with Washington.

Power crisis intensifies across country

LAHORE: No sigh of relief for people of Pakistan as the ongoing power impasse has intensified even further, surging the 11 to 18 hours-long laodshedding in many parts of state located in four provinces with no exception whatsoever including the federal capital Islamabad, Geo news reported. According to details, most of the small factories have been shut down due to unavailability of electricity and low gas pressure. The thermal powerhouses have testified abject cut in electricity generation after decline in hydel generation, worsening the already torturing electricity shortfall to 4000 megawatt per day, knowledgeable sources said. PEPCO officials were noticed to have claimed generation of 9000 megawatt of electricity through making operational all Independent Power Producers (IPPs) but merely around 7500 megawatt electricity could be generated through them thus far whereas the overall demand ligers around 11,500 megawatt, sources further said. Consumers have lodged many complaints against unannounced long hours power cuts, along voicing serious questions of sky-high claims made by federal water and power minister which stated that government would overcome power outages by the end of 2009.

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