Sindh govt to install solar panels in 10 districts

KARACHI: Sindh government’s solar home system project will be inaugurated in 10 districts of the province next month. While chairing a meeting on Saturday Chief Minister Syed Murad Ali Shah said under the solar home system project, solar panels will

SECP approves framework for ‘Direct Listing’ at stock market

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has approved a framework for ‘Direct Listing’ of companies at the Pakistan Stock Exchange (PSX). Securities and Exchange Commission of Pakistan (SECP) in a statement on Friday said that the move

Pakistan reports first case of Indian COVID-19 variant

KARACHI: Pakistan has detected its first case of a highly infectious coronavirus variant first identified in India, a health ministry spokesperson said on Friday. According to a statement issued by health ministry spokesperson Sajid Shah, the Indian variant case was detected

BlueEX partners with Finja to offer credit collections

KARACHI: Universal Network Systems Limited (BlueEX) has partnered with Finja Lending Services Limited (FLSL), a subsidiary of Finja Inc to offer credit collections from FLSL’s customers. With a proven record of the highest quality of services by both entities, the

KSE-100 touches near 4-year high, gains 335 points

KARACHI: The Pakistan Stock Exchange (PSX)  shed the gloom of previous sessions on the last trading day of rollover week  (Friday) as the benchmark KSE-100 index rose 335 points, climbing to a near four-year high and surpassing the 47,000-point mark.

PPP raising water issue to switch attention from lawlessness: Haleem Adil

KARACHI: Pakistan Tehreek-e-Insaf (PTI) Vice President and the leader of opposition in Sindh Assembly Haleem Adil Sheikh has said that the leaders of Pakistan People’s Party  (PPP) are raising artificial water issue to distract the attention of masses from worrisome

KE rejects allegations levelled by certain industrial groups

KARACHI: The private electricity supplying company  Karachi-Electric (KE) has rejected the allegations levelled against the company by certain industrial groups. In a statement, the utility expressed its concerns over the recent exaggerated statements made by certain industrial groups in an

Interior minister reaches Karachi to review law and order situation

ISLAMABAD Interior Minister Sheikh Rashid Ahmed has arrived in Karachi to review the law and order situation following the directions of Prime Minister Imran Khan. Sources said Sheikh Rashid will preside over an emergency meeting at the Rangers Headquarters regarding

PSX stays bullish for 3rd consecutive day, gains 511 points

KARACHI: The Pakistan Stock Exchange (PSX) continued to head north for 3rd consecutive day on Wednesday, with the indices accumulating gains all day long amid positive sentiments. The KSE 100-index of the PSX today continued with a bullish trend, gaining

Parents who delay marriage of 18-year-olds will be fined: Sindh assembly

KARACHI: Sindh’s Provincial Assembly has proposed a new draft law on making the marriage of 18-year-olds mandatory as soon as possible. The bill has been submitted to make marriage compulsory for 18-year-olds. MPA Syed Abdul Rashid submitted the draft law

UBL, Akhuwat Islamic to offer exclusive low-cost housing finance solutions

KARACHI: United Bank Limited (UBL) has signed an agreement with Akhuwat Islamic Microfinance (AIM) in order to offer exclusive Housing Finance Solutions to the customers of Akhuwat. Furthermore, UBL will provide Housing Finance solutions on Low-Cost Housing variants under Islamic

Bull run continues as stocks jump over 203 points

KARACHI: The Pakistan Stock Exchange (PSX) continued to head north on Tuesday, with the indices accumulating gains all day long amid positive sentiments. The KSE 100-index of the PSX maintained a bullish trend, gaining 203.55 points, with a positive change

EFU Life, JS Bank join hands to strengthen partnership for health protection solutions

KARACHI: EFU Life Assurance and JS Bank have joined hands and reached new heights by launching innovative offerings to protect individuals and their families from any and all financial risks when it comes to their lives and health. An agreement

Faysal Bank issues its first Shariah-compliant alternate

KARACHI: The fastest-growing Islamic bank of Pakistan, Faysal Bank Limited has teamed up with IDEMIA, the global leader in Augmented Identity, to launch its first Shariah-compliant alternate to conventional credit cards by the name of Faysal Islami NOOR. The Republic’s

Sindh govt ramps up COVID-19 restrictions as cases surge

KARACHI: The Sindh government has ramped up the COVID-19 restrictions as the provincial government had announced a day earlier that no unnecessary movement would be permitted after 8 pm. The decision to tighten the COVID-19 curbs was taken during a

Will vaccinate all police officials on priority: CM Murad

KARACHI: Sindh Chief Minister Murad Ali Shah has announced to vaccinate all police officials across the province on a priority basis as the provincial government took severe steps to manage the spread of Covid-19. Murad Ali Shah while chairing a

Chaos in Sindh Assembly as PPP, PTI lawmakers scuffle over water crisis

KARACHI: A session of the Sindh Assembly on Monday descended into chaos Pakistan People’s Party Parliamentarian (PPP) and Tehreek-e-Insaaf (PTI)  lawmakers shouted slogans and shoved each other over water distribution. According to sources, the house witnessed chaos when Pakistan Tehreek-e-Insaf (PTI) opposed

Police arrest tribal chief, sons in Karachi for patronizing criminals

KARACHI: Shikarpur police claimed to have apprehended a tribal chief along with his two sons in Karachi on charges of patronizing bandits in the kutcha area of the Shikarpur district. As per details, Shikarpur police in a joint operation with

PSX stays bullish, gains over 182 points

KARACHI: The Pakistan Stock Exchange (PSX) today (Monday) witnessed a bullish trend, with the benchmark index gaining 182.13 points, with a positive change of 0.40 percent and closed at 46,097.11 points Earlier, trading began with a spike and the market

Sindh govt issues fresh COVID-19 rules as cases surge

KARACHI: In view of surging COVID-19 cases across the province, the Sindh government on Sunday issued a revised set of safety rules in order to control the rapid spread of the virus. With stress on implementation of all essential and

Sindh schools to remain closed until further notice, announces Ghani

KARACHI: Sindh Education and Labour Minister, Saeed Ghani has announced that all public and private educational institutions in Sindh will remain closed in view of the current coronavirus situation in the province. Saeed Ghani said during the suspension of the

Bilawal asks PM Imran to step down over ineffective policies for economy

KARACHI: Pakistan Peoples Party (PPP) chairman Bilawal Bhutto Zardari has asked Prime Minister Imran Khan to step down for unleashing skyrocketing inflation and ineffective policies for the economy in the country. Prime Minister Imran Khan should take responsibility for not

Gang using social media to sell drugs busted in Karachi

KARACHI: Police on Saturday claimed to have busted a gang involved in selling drugs through social media from Shireen Jinnah Colony of the metropolis. On a tip-off, a five-member gang was apprehended by police, who used to sell drugs through

FPCCI demands equitable, fair export refinance mechanism to support SMEs

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded the federal government and State Bank of Pakistan to ensure the provision of Export Refinance Scheme funds to diversified sectors particularly SME and Solar power sectors. FPCCI President,

Sindh govt extends virus restrictions amid rise in COVID-19 cases

KARACHI: The Sindh government has announced to extend the current Covid-19 restrictions in the province for another two weeks amid a surge in the cases. Chairing the coronavirus task force meeting on Saturday, Sindh Chief Minister Murad Ali Shah said

Dawlance, WWF Pakistan sign MoU for environmental conservation

KARACHI: Dawlance has recently signed a Memorandum of Understanding (MoU) with the World Wide Fund for Nature- Pakistan (WWF-Pak) to contribute towards environmental sustainability. This collaboration is a part of the organization’s “Dawlance for Humanity” initiative that propagates environmental and

KE normalises power supply in four hours after gusty winds, dust storm

KARACHI: Power supply in the metropolis was brought to the routine levels in a record time of almost four hours despite gusting winds and a severe dust storm, which hit the port city on Tuesday. As per details, K-Electric’s rapid

Five dead, several injured as massive dust storm rain hits Karachi

KARACHI: At least five people were dead and several others injured in massive dust storms and rain-related incidents in Karachi on Tuesday. According to sources, a couple died in the Daba colony area of Baldia Town as the roof of

Premier Group allocates grant to setup scholarship endowment fund for IBA students

KARACHI: The Premier Group, Pakistan’s leading business conglomerate and the Institute of Business Administration, Karachi, have joined hands to financially support deserving students to pursue their higher education. The Premier Group allocated a special grant to set up a scholarship

Local tobacco companies luring youth with low priced cigarettes: Experts

KARACHI: Industry experts have said the tax-evading local cigarette manufacturing companies are wreaking havoc with the youth in Pakistan by luring them with low-priced cigarette brands and at the same time offering the sellers and consumers, incentives including cash prizes