Pakistan's main stock market index KSE 100 has fallen nearly 5% to close at 13,279.60 as investors reacted to the emergency rule imposed by President Pervez Musharraf on Saturday. The fall was the biggest one-day decline on the Karachi Stock Exchange 100-share index for 16 months.

The century-old building of Radio Pakistan located in the heart of Karachi city on M. A. Jinnah Road was badly damaged in a blaze on Sunday at around 10.45 am (PST). The transmissions were suspended for several hours due to the fire. A number of children, who were present for recording of a weekly children's programme, along with others were safely evacuated, officials said. (Karachinews.net)

The Election Commission of Pakistan has asked political parties to desist from criticizing the army or the judiciary ahead of assembly elections. (BBC World)

Karachi police release a photograph of the suicide bomber who killed at least 130 people in the 2007 Karachi bombings. (BBC)

Pakistan Cricket Board (PCB) banned controversial fast bowler Shoaib Akhtar from playing 13 international matches and fined him a whooping Rupees 3.4 million rupees (56,000 US dollars) for hitting his teammate, Mohammad Asif, with a bat.(Karachinews.net)

Pakistan (ⁱ/ˈpækɨstæn/ or ⁱ/pɑːkiˈstɑːn/; Urdu: پاکستان) (Urdu pronunciation: [paːkɪˈst̪aːn] ( listen)), officially the Islamic Republic of Pakistan (Urdu: اسلامی جمہوریۂ پاکستان), is a sovereign country in South Asia. It sits at the crossroads of the strategically important regions of South Asia, Central Asia and the Middle East. It has a 1,046-kilometre (650 mi) coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by India to the east, Afghanistan to the west and north, Iran to the southwest and China in the far northeast. It is separated from Tajikistan by Afghanistan's narrow Wakhan Corridor in the north, and it shares a marine border with Oman.

The territory of modern Pakistan was the site of several ancient cultures, including the Neolithic Mehrgarh and the Bronze Age Indus Valley Civilisation, and has undergone invasions or settlements by Hindu, Persian, Indo-Greek, Islamic, Turco-Mongol, Afghan and Sikh cultures. Thus the area has been ruled by numerous empires and dynasties, including the Indian Mauryan Empire, the Persian Achaemenid Empire, the Arab Umayyad Caliphate, the Mongol Empire, the Mughal Empire, the Durrani Empire, the Sikh Empire and the British Empire. As a result of the Pakistan Movement led by Muhammad Ali Jinnah and India's struggle for independence, Pakistan was created in 1947 as an independent nation for Muslims from the regions in the east and west of India where there was a Muslim majority. Initially a dominion, Pakistan adopted a new constitution in 1956, becoming an Islamic republic. A civil war in 1971 resulted in the secession of East Pakistan as the new country of Bangladesh.

Sachin Ramesh Tendulkar ( pronunciation (help·info); born 24 April 1973) is an Indian cricketer widely considered to be one of the greatest batsmen of all time. He is the leading run-scorer and century maker in Test and one-day international cricket. He is the first player to score a double century in ODI cricket. In 2002, just 12 years into his career, Wisden ranked him the second greatest Test batsman of all time, behind Donald Bradman, and the second greatest one-day-international (ODI) batsman of all time, behind Viv Richards. Tendulkar was a part of the 2011 Cricket World Cup winning Indian team in the later part of his career, his first such win in six World Cup appearances for India. He is currently nominated for receiving the Bharat Ratna award.

Sourav Chandidas Ganguly ( pronunciation (help·info); born 8 July 1972) is a former Indian cricketer, and captain of the Indian national team. Born into an affluent family, Ganguly was introduced into the world of cricket by his elder brother Snehasish. He is regarded as one of India's most successful captains in modern times. He started his career by playing in state and school teams. Currently, he is the 5th highest run scorer in One Day Internationals (ODIs) and was the 3rd person in history to cross the 10,000 run landmark, after Sachin Tendulkar and Inzamam Ul Haq. Wisden ranked him the sixth greatest one day international batsman of all time, next to Viv Richards, Sachin Tendulkar, Brian Lara, Dean Jones and Michael Bevan.

After a series of playing in different Indian domestic tournaments such as the Ranji and Duleep trophies, Ganguly got his big-break while playing for India on their tour of England. He scored 131 runs and cemented his place in the Indian team. Ganguly's place in the team was assured after successful performances in series against Sri Lanka, Pakistan and Australia, winning the Man of the Match awards. In the 1999 Cricket World Cup, he was involved in a partnership of 318 runs with Rahul Dravid, which remains the highest overall partnership score in the World Cup tournament history.