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Archive - 2020-07-06
Four killed in US plane crash
USA

Four killed in US plane crash

UTAH: Former Philadelphia Phillies pitcher Tyson Brummett was among four killed when a small plane he was piloting...
Updated 07 Jul, 2020 03:20am
US stocks open stronger, continuing rally
Stocks

US stocks open stronger, continuing rally

  • The tech-rich Nasdaq, coming off a record-setting Thursday close, climbed 1.6 percent to 10,367.20, while the broad-based S&P 500 rose 1.3 percent to 3,172.93.
Published 06 Jul, 2020 08:05pm
JS Bank crosses $2.3bn in deposits
Money & Banking

JS Bank crosses $2.3bn in deposits

  • JS Bank has been recognized by the State Bank of Pakistan as the best performer under the Rozgar Refinance Scheme, a concessional credit scheme for SME’s that ensure zero job layoffs.
Published 06 Jul, 2020 03:41pm
First batch of Pakistan made ventilators handed over to NDMA
Industry

First batch of Pakistan made ventilators handed over to NDMA

  • As per details, SafeVent SP 100 is FDA/CE approved economical and reliable ventilator. The National Radio and Telecommunication Corporation (NRTC) has already produced 15 units of SafeVent SP 100 and has a production capacity to manufacture 250 –300 units per month.
Published 06 Jul, 2020 02:10pm
Too big to learn?
BR Research

Too big to learn?

Facebook is in the eye of the storm again. The online behemoth is caught up in a backlash against social media...
Published 06 Jul, 2020 09:13am
The Weather
Pakistan

The Weather

KARACHI: The weather report on Sunday (July 5, 2020) and the forecast for Monday (July 6, 2020)....
Updated 06 Jul, 2020 03:41am
WB censures power sector

WB censures power sector

ISLAMABAD: Pakistan's power sector has swallowed Rs 5 trillion ($ 45 billion) of national exchequer due to poor...
Updated 06 Jul, 2020 03:32am
Civilian injured in Indian shelling

Civilian injured in Indian shelling

ISLAMABAD: Indian Army initiated unprovoked ceasefire violation in Battal Sector along the Line of Control targeting...
Updated 06 Jul, 2020 03:26am
India puts back Taj Mahal reopening

India puts back Taj Mahal reopening

AGRA: India has withdrawn a planned reopening of the Taj Mahal, citing the risk of new coronavirus infections...
Published 06 Jul, 2020 03:03am
UK historian quits Cambridge
World

UK historian quits Cambridge

LONDON: A British royal historian who said slavery was not genocide has quit his honorary position at Cambridge...
Published 06 Jul, 2020 03:03am
Sher Khan Shaheed remembered
Pakistan

Sher Khan Shaheed remembered

ISLAMABAD: The 21st martyrdom anniversary of Kargil War hero, Captain Karnal Sher Khan Shaheed was observed here on...
Published 06 Jul, 2020 03:03am
Sugar: pumping 'poison'
Opinion

Sugar: pumping 'poison'

ARTICLE: Indeed a highly commendable step by Prime Minister Imran Khan of initiating a detailed inquiry into the...
Published 06 Jul, 2020 03:03am
Your rupee last week
Currency

Your rupee last week

KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (June 29 to July...
Published 06 Jul, 2020 03:03am
Preparing for Eidul Azha
Editorials

Preparing for Eidul Azha

EDITORIAL: As Eidul Azha approaches, noted Karachi-based religious figures have suggested precautionary measures to...
Published 06 Jul, 2020 03:03am
Futures spread down by 739bps
Stocks

Futures spread down by 739bps

KARACHI: The futures spread declined by 739bps to negative 8.34 percent on the last day of the outgoing week....
Published 06 Jul, 2020 03:03am
MQM’s Hammad Siddiqui masterminded Baldia factory fire that killed 289: JIT report
Exchange

MQM’s Hammad Siddiqui masterminded Baldia factory fire that killed 289: JIT report

  • MQM's Tanzeemi Committee head Hammad Siddiqui had asked for PKR 200 million as extortion money from factory owner.
  • After factory owners refused to pay money, MQM members burned the factory down.
  • Incendiary chemicals were used to burn down the factory that caught fire quickly.
  • Gates were shut down to prevent workers from escaping the factory, JIT report reveals chilling details.
Published 06 Jul, 2020 12:10am