Early history[ edit ] Islamabad Capital Territory , located on the Pothohar Plateau of the Punjab region , is considered one of the earliest sites of human settlement in Asia. Rudimentary stones recovered from the terraces of the Soan River testify to the endeavours of early man in the inter-glacial period. Abdul Ghafoor Lone reveal evidence of a prehistoric culture in the area. Relics and human skulls have been found dating back to BCE that indicate the region was home to Neolithic peoples who settled on the banks of the Swaan River ,  and who later developed small communities in the region around BCE. Later the area was an early settlement of the Aryan community which migrated into the region from Central Asia. The caves at Shah Allah Ditta , on Islamabad’s outskirts, were part of an ancient Buddhist monastic community The restored village of Saidpur predates the surrounding city of Islamabad. Construction and development[ edit ] Islamabad’s urban form was designed to be radically different from typical South Asian cities, and features spacious avenues in a forest-like setting. Developments in Islamabad When Pakistan gained independence in , the southern port city of Karachi was its first national capital. In the s, Islamabad was constructed as a forward capital for several reasons.
What are the tourist sites in Karachi
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Central Karachi features several buildings dating from the colonial era. The city first developed around the Karachi Harbour, Karachi’s first public university’s date from the British colonial era. The Sindh Madressatul Islam founded in , was granted university status in
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Lahore’s Wazir Khan Mosque is considered to be the most ornately decorated Mughal-era mosque. Sher Shah Suri continued to rise in power, and seized Lahore in , though Humayun reconquered Lahore in February Jahangir[ edit ] During the reign of Emperor Jahangir in the early 17th century, Lahore’s bazaars were noted to be vibrant, frequented by foreigners, and stocked with a wide array of goods.
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It is a trimmed average of inter-bank deposit rates offered by designated contributor banks, for maturities ranging from overnight to one year. LIBOR is calculated for 10 currencies. There are either eight, twelve or sixteen contributor banks on each currency panel and the reported interest is the mean of the middle values the interquartile mean. The rates are a benchmark rather than a tradable rate, the actual rate at which banks will lend to one another continues to vary throughout the day.
Contributions must represent rates formed in London and not elsewhere. Contributions must be for the currency concerned, not the cost of producing one currency by borrowing in another currency and accessing the required currency via the foreign exchange markets. They are the world’s most heavily traded short term interest rate futures contracts and extend up to ten years. Shorter maturities trade on the Singapore Exchange in Asian time.
Interest rate swaps Interest rate swaps based on short LIBOR rates currently trade on the interbank market for maturities up to 50 years. Reliability On Thursday, 29 May the Wall Street Journal released a controversial study suggesting that banks may have understated borrowing costs they reported for LIBOR during the credit crunch.
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Islamabad (/ ɪ z ˈ l ɑː m ə ˌ b ɑː d /; Urdu: اسلام آباد Islāmābād [ɪsˌlɑːmɑːˈbɑːd]) is the capital city of Pakistan, and is federally administered as part of the Islamabad Capital as a planned city in the s to replace Karachi as Pakistan’s capital, Islamabad is noted for its high standards of living, safety, and abundant greenery.
It is closer to Gadani Beach. Science College was built between and The Eduljee Dinshaw Charitable Dispensary. It was commissioned by the famous philanthropist Eduljee Dinshaw in A church was initially built on the grounds of this cathedral in , and was called St. The little old church also continued to function until it was destroyed by a storm in
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Late Palaeolithic and Mesolithic sites discovered by a team from Karachi University on the Mulri Hills constitute one of the most important archaeological discoveries made in Sindh during the last 50 years. The earliest inhabitants of the Karachi region are believed to have been hunter-gatherers , with ancient flint tools discovered at several sites. A sea port called Barbarikon by the Greeks was situated in Karachi. The Karachi region is believed to have been known to the ancient Greeks.
The region may be the site of Krokola , where Alexander the Great once camped to prepare a fleet for Babylonia , as well as Morontobara which may possibly be Karachi’s Manora neighbourhood. Under his rule, fortifications in the region acted as a bulwark against Portuguese incursions into Sindh.
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The hub of a sprawling metropolitan area, Karachi is the nation’s largest city and its chief transportation, financial, commercial, and manufacturing center. Most of the international trade of Pakistan and landlocked Afghanistan pass through the city’s busy modern port, centered on the island of Kiamari. Major highways and railroads focus on the city, and the modern airport here is a stopover and refueling point for intercontinental flights.
Among the many products of Karachi are steel, textiles, chemicals, refined petroleum, footwear, machinery, handicrafts, and processed food. The city also is an important banking center and has a stock exchange. The tomb of Muhammed Ali Jinnah, founder of Pakistan, is a landmark. An old settlement, Karachi was a small fishing and trade center when captured by the British in and annexed three years later. Under British rule, it became the chief outlet for Indus Valley cotton and grain exports.
Karachi was the capital of newly independent Pakistan from until , when it was replaced by the provisional capital of Rawalpindi Islamabad became Pakistan’s permanent capital in During the early years of independence Karachi grew rapidly as the chief port and industrial center of West Pakistan, and many Muslim refugees from India settled here. Since the s the city has been the site of violent eruptions between the rival political, religious, and ethnic groups.
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In Karachi, Hamdard University is the largest private research university with a campus area of over acres. Hamdard University’s central library Bait-ul-Hikmah is one of the largest research libraries in South Asia with a collection of over half a million books, some of them dating back to the 17th century.
Murder of 8-year-old highlights violence in Jammu, Kashmir The horrific torture, rape and murder of an eight-year-old girl highlights the violence going on between Pakistan and India in the volatile areas of Jammu and Kashmir. Five days later her mutilated body was discovered — visibly tortured, with both legs broken. Asifa Bano, an eight-year-old Muslim belonging to a nomadic tribe and living in a Hindu-majority area of India-occupied Kashmir, was brutally gang-raped and murdered this year.
Bano Family Bano was allegedly drugged and raped for days inside the confines of a local temple, before being strangled and stoned to death, according to investigators. Her family have since claimed that even in their distraught efforts to bury Bano, they were met with protests and violent threats from Hindu activists. Eight men — including a former government official and several police officers — were arrested for the crime.
Their trial began in April, but was suspended after a court-ordered change of venue. In Asifia’s case, we had to struggle to gather the witnesses and evidences corrobrating what happened,” Talib Hussain, 29, a lawyer and activist from Jammu University, who was one of the first to raise Bano’s case in the media and claims to have been subsequently arrested by Indian authorities on January for protesting.
Yet most of the crimes have historically gone unpunished, perpetuating an environment of impunity.
They come to bathe in a hall where they are charged Rs 3 US 5 cents and Rs 5 US 8 cents for children and adults, respectively. Hot- and cold-water springs run side by side at Manghopir, whose waters are known for their healing properties, particularly for skin diseases. Another attraction are the crocodiles that live in a pond which people visit with animal sacrifices.
Many legends surround the shrine of Hazrat Manghopir and the crocodiles.
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They come to bathe in a hall where they are charged Rs 3 US 5 cents and Rs 5 US 8 cents for children and adults, respectively. Hot- and cold-water springs run side by side at Manghopir, whose waters are known for their healing properties, particularly for skin diseases. Another attraction are the crocodiles that live in a pond which people visit with animal sacrifices. Many legends surround the shrine of Hazrat Manghopir and the crocodiles.
Some people believe that the saint came from Saudi Arabia while others believe that he hailed from Khurrasan and arrived here in the 13th century. Muslims and Hindus refer to him as Jaraj. The government has embarked on the beautification of Karachi’s coastline by building a Beach park in Clifton that will eventually be connected to the Jehangir Kothari parade and Bagh Ibn- Qasim. There are other beaches near the city such as Sandspit, Hawke’s Bay, the French Beach, Russian Beach and Paradise Point a sandstone rock promontory with a natural arch that are frequented by visitors every day.