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DGA Sindh’s report reveals massive corruption, irregularities in government departments

DGA Sindh’s report reveals massive corruption, irregularities in government departments

  • The Director General Audit (DGA), Sindh’s report for the year 2016-17, has found massive irregularities worth billions in various government departments.
  • The province’s bureaucracy has failed to respond or comply with the Audit’s board recommendations.
  • Sindh’s provincial government has not taken action, fueling speculations of lawmaker’s involvement on the scandal.
Published 23 Sep, 2020 02:18pm
Check out this Japanese lamp can kill coronavirus
Technology

Check out this Japanese lamp can kill coronavirus

  • With the development of a vaccine still under trial, a Japanese lighting company Oshio has found another solution to the problem and has developed a device that emits ultraviolet rays that can kill the COVID-19 virus without harming humans.
Published 23 Sep, 2020 12:23pm
COVID-19 may wipeout Indian, Mexican and Brazilian economies, UNCTAD warns
World

COVID-19 may wipeout Indian, Mexican and Brazilian economies, UNCTAD warns

  • The developing world will be hit hard by the economic fallout as levels of informality are high in these regions.
  • The crisis may wipe over USD 6 trillion globally.
  • Any premature measures in the road to recovery may prompt a “double-dip recession a real possibility in many countries in 2022.”
Published 23 Sep, 2020 11:05am
Reliance says KKR to invest $755.1 million in retail arm
Business

Reliance says KKR to invest $755.1 million in retail arm

  • KKR's investment will translate to a 1.28% stake in Retail Ventures Ltd, according to Reliance. Reliance, controlled by Asia’s richest man Mukesh Ambani has been looking to expand rapidly online to take on the likes of Walmart Inc’s Flipkart and Amazon.com Inc’s Indian arm.
Published 23 Sep, 2020 09:57am
Exporters’ energy woes
BR Research

Exporters’ energy woes

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has shown its dismay and surprise on the...
Published 23 Sep, 2020 07:39am
Global trade: Not okay
BR Research

Global trade: Not okay

Globalization and international merchandise trade is down as predicted by relevant watchers—and all signs indicate...
Published 23 Sep, 2020 07:38am
Coal burning out?
BR Research

Coal burning out?

Coal prices have been falling over the past two years—recording their lowest in nearly five years after reaching a...
Published 23 Sep, 2020 07:36am
Security Papers Limited
BR Research

Security Papers Limited

Security Papers Limited (PSX: SEPL) was established in 1965 as a private company. It was converted into a public...
Published 23 Sep, 2020 07:36am
World

Blast rocks Hezbollah site

AIN QANA, (Lebanon): An explosion rocked a Hezbollah site in a village in southern Lebanon on Tuesday, residents...
Published 23 Sep, 2020 02:48am