KSE-100 gains 750 points reaching 35,379 points

On Thursday the stock market continued its bullish run as the investors remain optimistic after the approval for an equity bailout fund for the Pakistan Stock Exchange and news of Saudi Arabia activating the deferred oil payment for Pakistan. The KSE-100 index jumped 750 points to reach 35,379 points, registering an increase of 2.18%. The market capitalization has also increased...

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Naveed Kamran Baloch appointed as finance secretary

ISLAMABAD: On Thursday Mohammad Younus Dagha was removed as the secretary finance, said a notification issued by the Cabinet Secretariat/Establishment Division. A separate notification announced the transfer of Naveed Kamran Baloch, who was posted as cabinet division secretary, to the role of finance secretary. Naveed Kamran Baloch has previously served as Khyber Pakhtunkhawa Chief Secretary. He joined the civil services...

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Heatwave alert issued for Karachi

KARACHI: Karachi is expected to be hit by another heatwave, leading to an alert being issued by the MET office on Thursday. According to MET official, the heatwave in Karachi will last from Saturday till Monday. Temperatures during these days are expected to be 39 to 41 degrees Celsius. Sarfaraz further said the temperature for Thursday and Friday was expected...

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Armed security personnel to be deployed at Indo-Pak World Cup match

British authorities have decided to deploy armed security personnel for the ICC Men's Cricket World Cup clash between Pakistan and India, in Manchester, UK, British media reported. Pakistan and India are set to face off at Old Trafford Ground in Manchester on June 16 in the forthcoming World Cup 2019, for which immense enthusiasm prevails among fans of both the...

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PM orders strict actions against police officers negligent in Farishta case; DG ISPR offers support in investigation

ISLAMABAD: Prime Minister of Pakistan Imran Khan on Wednesday has ordered action against the police officials for negligence in a case pertaining to alleged rape and murder of a 10-year-old girl, Farishta, in Islamabad, according to a statement issued from PM office. The PM ordered registration of cases against concerned station house officer (SHO) and other relevant officials, and departmental...

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Pakistan Army conducts successful training launch of ballistic missile Shaheen-II: ISPR

According to the press release of ISPR, Pakistan Army  on Thursday successfully conducted the training launch of surface to surface ballistic missile Shaheen-II. Shaheen-II is capable of carrying both conventional and nuclear warheads up to a range of 1,500 kilometres. According to ISPR, Shaheen-II meets Pakistan’s strategic needs towards the maintenance of desired deterrence stability in the region. The training...

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Indian elections 2019: Modi close to be elected PM consecutively

NEW DELHI/KOLKATA: India began counting hundreds of millions of votes in its general election on Thursday, with a coalition led by Prime Minister Narendra Modi’s party taking an early lead, TV channels and India’s Election Commission said. The National Democratic Alliance (NDA), led by Modi’s Hindu nationalist Bharatiya Janata Party (BJP), is expected to surpass the 272 seats needed to...

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