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Passco paying high financing cost of surplus wheat stocks

By at April 2, 2012 | 3:42 pm | 0 Comment

Passco paying high financing cost of surplus wheat stocks

STAFF REPORT IBD: The Pakistan Agricultural Storage and Services Corporation Limited (Passco) is reportedly paying Rs 13.4 million per day as financing cost on surplus wheat stocks procured at an inflated price as compared to international prices, sources said. Passco argues that early disposal of one million tons of surplus wheat will not only forestall deterioration in more...

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Paying homage through rituals

By at February 22, 2012 | 11:04 am | 0 Comment

Paying homage through rituals

Dr. Abdus Salam & Dr. Pervez Hoodbhoy “Scientific development" has come to be virtually an article of faith, and paying homage to it is a familiar ritual in the third world countries. The incense, however, is frequently burned at the wrong altar because it is only certain particularized applications of science – not the absorption and internalization of its more...

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