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Maleeha Lodhi tipped to be next Pakistan envoy in India

     Islamabad: Pakistan's journalist-turned-diplomat Dr Maleeha Lodhi, who is currently the country's high commissioner to Britain, is among four candidates who are being shortlisted to take over as the next envoy to India. With Pakistan's incumbent High Commissioner to India, Aziz Ahmad Khan, set to complete his three-year diplomatic assignment in Delhi in the third quarter of this year, Lodhi and Pakistan's envoys to Canada, Japan and Germany are in the race for this prestigious assignment. Pakistan's High Commissioner to Canada Shahid Malik, its ambassador to Japan Kamran Niaz, its envoy to Germany Asif Aizadiee and Lodi are being considered by the Pakistan Foreign Office for the assignment, reports The News. In all, Islamabad has to clear the appointments of 12 new envoys and should Lodhi be shifted to New Delhi, then former Pakistan Foreign Secretary Riaz Ahmed Khokhar is likely to be posted to London. Dr. Maleeha Lodhi could be the best choice for the challenging assignment in New Delhi should Islamabad decide to opt for a non-career diplomat, as she is known for taking on challenging tasks, the paper quoted informed sources as saying. Lodhi has already served as Ambassador in Washington and prior to her diplomatic postings, she was the editor of several leading Pakistani dailies. The summary for posting of 12 new ambassadors has been sent to Prime Minister Shaukat Aziz for approval and as the same is received, the agreema would be sought from the respective countries, the paper quoted the sources as saying.

Indian diplomat's killer returns to Pak after 21 years (Go To Top)

     Islamabad: Raja Abdul Qayyum, one of the co-accused in the case of kidnapping and killing of an Indian diplomat Ravindra Mahatre in 1984, returned last evening to his home country Pakistan after spending 18 years of rigorous imprisonment (RI). The UK government expelled Qayyum following his completion of the jail term. He came in the British Airways flight BA-129, which landed at the Islamabad airport at 5:50am on Wednesday. Ravindra Mahatre was Indian assistant high commissioner in Birmingham at the time he was kidnapped and later murdered. There were a total of six accused in the case. They kidnapped Mahatre demanding the release of Kashmiri leader Maqbool Bhat. After the Indian government refused to yield to their demand and executed Bhat, the kidnappers killed Mahatree. Jammu and Kashmir Liberation Front (JKLF) Amanullah Khan actually killed Mhatre in Birmingham after the Indian government executed Bhatt on Feb 11, 1984. Bhat was hanged and his body was refused to his family. But, his memory lives, larger than life, in the minds of the Kashmiris.

Registrar of Companies issues notices on Anil Ambani's complaints (Go To Top)

     New Delhi: A move, which can be termed as the first direct intervention by the Government in the ongoing tussle among the Ambani brothers, it has asked the Registrar of Companies to issue notice on Anil Ambani's complaints. "We have asked Registrar of Companies to give a notice to Reliance," said Komal Anand, Secretary, Company Affairs. However, she refused to elaborate on the details of the notice to be served by Registrar of Companies, which is under administrative control of the Ministry. She also refused to give any details of Anil Ambani's complaints. Anil Ambani, Vice Chairman and Managing Director, on several occasions had raised the issues of corporate governance and absence of financial information and disclosures in Indian Petrochemicals Corporation Limited (IPCL), and Reliance Industries Ltd. (RIL), the Reliance group's flagship companies, headed by Mukesh Ambani. Incidently, Market Regulator Securities and Exchange Board of India had said yesterday that it would take appropriate action on complaints filed by Anil Ambani.

RBI allows Indian banks to operate in Pakistan (Go To Top)

     Karachi: The Reserve Bank of India (RBI) Governor Dr Y V Reddy has said that RBI has no reservations about allowing Indian banks to open and start business in Pakistan. Talking to journalists after his address on banking sector reforms in India at the Institute of Bankers Pakistan, he said RBI is extending full cooperation to relevant authorities in enhancing business and banking cooperation between the two countries. According to The News, governor of Indian central bank adopted very cautious approach in replying the questions raised by both journalists and Pakistani bankers. Replying to questions by Pakistani bankers, he said that RBI would seek cooperation of State Bank of Pakistan regarding promotion of Micro Finance Banking in India. He said that presently Micro Finance banking is available only in few Indian states. Dr. Ishart Hudssain, Governor State Bank of Pakistan who was sitting next to him intervened and said he faced the same pressures but decline to bow down. He said RBI is not in favour of using huge foreign exchange reserves for the uplifting of social sectors, at presently being controlled by RBI. He said RBI is using these foreign exchange reserves for meeting Indian imports and if these reserves are allocated for uplifting of social sector than a question would arise whether the work of uplifting should be undertaken under government controlled or under private sector.

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