Business Monetary policy: Interest rate left unchanged at 12% Our Correspondents The State Bank of Pakistan (SBP), while stressing the need for fundamental reforms to turn around the economy, has kept the benchmark interest rate – called the policy rate – unchanged at 12% in the face of high inflation and unchecked government borrowing from banks. Planning Commission: Body steers clear of LNG import project Zafar Bhutta The liquefied natural gas (LNG) import project has hit a stumbling block as the Planning Commission has refused to extend blind support and asked the government to hire an independent consultant to assess the feasibility of the $30 billion project before moving ahead. _______________________________________________ Sports Europe tour: Pakistan aim to make Ipoh amends Our Correspondents The Pakistan hockey team, following a dismal bottom-place finish in the Azlan Shah Cup is hoping for a quick turnaround on the training tour of Europe that the team is scheduled to leave for today. Wild-card takes Pakistan to London's pools Our Correspondents Pakistan swimmers will travel to London for this year's Olympics after the sport's governing body Fédération Internationale de Natation (FINA) gave Israr Hussain and Anum Bandey wild cards based on their performance at the World Championships in Shanghai last year. _______________________________________________ Life & Style Truck art: A slow ride Hani Taha While truck art has become a hot design commodity gracing fashion runways and receiving international acclaim, there are only five shops stocking most of the truck art wares in the handicraft bazaar inside Zainab Market's eclectic lanes. 'Lack of brickbats would have surprised me' Our Correspondents Actor and producer Aamir Khan says he would have been extremely surprised if he didn't receive criticism for the issues he highlights on his debut TV show "Satyamev Jayate". _______________________________________________ |