Stories about market

In a sea of faces, she was the anomaly

She got off from an old rickshaw and paid the driver in small bills. The driver counted the money twice and left without even looking at her. Some would have called the driver rude, but for her this was routine. She started heading towards the crowded market. Such places troubled her, but it’s impossible to find a secluded vegetable market these days. She wore simple clothes, a plain black shalwar kameez and a shawl that covered her head while also slightly covering the left side of her face. She was not someone who would look good in fancy clothes, or ...

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What will happen to the stock market if the PM resigns?

In 2007, I underwent a six-hour-long marathon panel interview at the London office of one of the (then) largest hedge funds in Europe called XYZ Capital*. A senior partner – perhaps a PhD holder – drew the entire map of the Middle East, East Asia and Europe, and tested my knowledge about the current affairs of each country turn by turn. After a gruelling session, the partner remarked, “An investor may have the best of quantitative minds but markets don’t make sense if the political factors don’t make sense.” I engraved it then but have only felt it now. Surviving through the minor speed breakers ...

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This year is Arsenal’s year

During the 2014 World Cup, a picture of Arsene Wenger went viral across social media in which he was caught playing football on a beach in Rio de Janeiro. The moment it caught the public’s eye, there was a wave of anger and disgruntlement amongst the Arsenal supporters (including myself), because by that time their rival clubs, Manchester City, Chelsea and Manchester United were active in the market and signing some talented, quality players. No doubt you saw this yesterday but here's Arsene Wenger playing beach football. Never lost it. https://t.co/LySYrJLJK8 — Coral (@Coral) June 28, 2014 Christian Karembeu & Arsene Wenger are playing ...

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How we went wrong with Rawalpindi

The history of Rawalpindi is one, which is scattered across a vast area. To draw a complete picture of our history, one has to collect the scattered pieces and put them together. No doubt, it’s quite a difficult task but with time and patience, all can be achieved. Most of us know Rawalpindi as a convenient route taken by the invaders, when coming from the north-western regions. It also served as one of the most important cantonments established by the British Army in the north-western region of British India, in days of the The Great Game. Before the partition, Rawalpindi was an urban centre ...

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Pak sarzameen shaadbaad

“Pak sarzameen shaadbaad” (Blessed be the sacred land) The old, rusty metal door made a creaking sound when the hunched attendant with crooked teeth and clubbed, callous fingers with dirty nails, opened it with a push of his shoulder. He took a drag from the cigarette hanging between his beetle nut stained lips and exhaled. The smoke made strange shapes before disappearing into the thick air. A lone, low wattage energy saver hung from the ceiling with a wire, the light it emitted made everything look ghastly. Not that there were many things worth seeing. The smell of tobacco got mixed with the strong ...

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Is the iPad mini all that great?

The global market is responding to the seven inch mini tablets better than to any of the 10-inch standard tablets and are flooding the stores worldwide. While Apple’s Ipad 4G is still the best tablet by a mile, it is the mini tablet that is proving to be the game changer in the business. The mini tab is a cross between a smart phone and a tablet, more portable and makes a better eBook reader than a standard tablet. So grab some pop corn and come along with me as I take you to a trip inside the mini tablet world and ...

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God works in mysterious ways

As you drive down the road connecting Zamzama with Khayaban-e-Shujaat, you come across a market, at the border of Defence and Clifton Cantonment. The road itself winds down into Shujaat and if you are of the ilk, it shall take you down to the Sunday Bazaar in Defence Phase VIII. In front of this market are a set of fruit and vegetable thela walas (street vendors), lined up against the wall of Zamzama Park. That section of the road is peppered with cars buying fruits according to their purchasing power. Inside the park, oblivious to their proximity, a legion of affluent ...

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Takaful: Rules of Islamic insurance

With the recent launch of Takaful rules, 2012, the Securities and Exchange Commission Pakistan (SECP) has allowed conventional insurance companies to roll out Takaful, or Islamic insurance, products through window operations. Irked by the SECP’s move, existing Takaful operators went to court and got a restraining order over the implementation of the new rules from the Sindh High Court on August 2. Takaful operators say, the decision to allow conventional insurance companies to launch Islamic products will “distort” the segment, as window operators will conduct the Takaful business “in a manner against the principles of Sharia”. Insurance is undervalued in Pakistan. ...

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Pakistan: Where life can be a blast

The ‘enlightened moderation’ mantra from the Musharraf era prompted Pakistan’s oft-quoted ‘soft image.’ Seen as a much-needed leap beyond archetypal vistas of K-2 and the Lahore Fort (think 1970s photographs issued by PIA and the Ministry of Tourism), well-meant consultants were hired for the purpose of promoting a progressive image for the country—or at least, that’s what the aim was in flying out designers and models to put on fashion shows at Pakistani Consulates around the world. One can almost imagine spectators gawking: “Gosh, they have women in their country who don’t wear a burka and aren’t getting stoned for ...

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Fire haunts Shah Alam

A (read another) fire broke out in a shop at a market in Shah Alam Market at about 2:15pm on Friday that later spread to other shops and warehouses. A shopkeeper said it was quiet worrying. A lot of people were running for their lives. But this time the fire service was absolutely “out of this world;” the Rescue 1122 officials reached almost immediately. But narrow and densely-populated alleys impeded their efforts to douse the fire. This is the second `big fire’ that has gutted goods worth millions of rupees at the Shah Alam Market this year. On February 7, a ...

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