Business ADB report: Low investment, power cuts adding to rich-poor gap Our Correspondents The Asian Development Bank (ADB) has singled out power outages and falling investment as the biggest challenges to Pakistan's economic growth, cautioning that these factors can further widen the gap between rich and poor. 3G spectrum: Auction body rejects firms selected for consultancy Shahbaz Rana In a major blow to government's efforts to auction 3G telecom licences, the Auction Supervisory Committee (ASC) of 3G has refused Pakistan Telecommunication Authority's (PTA) selected companies for consultancy services due to alleged dubious selection process. _______________________________________________ Sports Cricket: 'Laziness, queries led to fixing accusations' Nabeel Hashmi Laziness and post-match queries was what 'convinced' Karachi Zebras' manager that his senior players – including captain Hasan Raza and former captain Danish Kaneria – were involved in wrongdoings in the team's must-win match against Peshawar Panthers in the Super Eight T20 Cup. ICC suspends its grant to the US: Report Our Correspondents The International Cricket Council (ICC) has suspended its funding grants to the USA Cricket Association (USACA) due to poor governance, according to a report on ESPNcricinfo. _______________________________________________ Life & Style Meera: Gravitating towards a spiritual path Saadia Khan Before Veena Malik became the talk of the town — due to her alleged photo shoot for FHM and later an item song "Channo", revealing her signature sleaze — we had our ever notorious Meera. New people may come and go but Meera's popularity doesn't seem to fizzle out and the actor continues to grab headlines. Make way for Bridal Couture Week four Hani Taha If there's one thing Sultana Siddiqui, the CEO of Hum TV, has perfected, it is the art of performance. As expected, when her company held a press conference recently to announce the fourth instalment of their Bridal Couture Week (BCW ), to be held in Karachi from April 13-15 showcasing the work of 19 designers, there was obviously rhythm, dance and festivity surrounding the whole affair. It was quite fitting really since weddings in this part of the world are all about theatrical extravaganza. _______________________________________________ |