Author: newsdesk

  • Pakistan Stock Exchange closes above 80,000 mark for the first time in history

    Pakistan Stock Exchange closes above 80,000 mark for the first time in history

    Bulls dominated the Pakistan Stock Exchange (PSX) on Wednesday, propelling the benchmark KSE-100 index to a record-breaking high above the 80,000 mark.

    The KSE-100 index closed at an unprecedented 80,233.67 points, up 680.79 points or 0.86 per cent from the previous session.

    Throughout the trading day, the index fluctuated within a range of 707.98 points, reaching an intraday peak of 80,405.23 points and dipping to a low of 79,697.25 points. The total volume of shares traded in the KSE-100 index was 280.09 million.

    Out of the 100 companies on the index, 65 ended the day in positive territory, 31 closed lower, and 4 remained unchanged.

    This surge comes as Pakistan seeks to finalise a staff-level agreement for a $6 billion International Monetary Fund bailout, having met all the lender’s requirements in its recent budget, according to the junior finance minister, Reuters reported.

    Key sectors driving the index higher included Commercial Banks (+274.44 points), Oil & Gas Exploration Companies (+161.35 points), Power Generation & Distribution (+87.90 points), Cement (+87.45 points), and Oil & Gas Marketing Companies (+68.34 points).

    Conversely, the index faced headwinds from the Fertilizer sector (-102.98 points), Tobacco (-32.38 points), Engineering (-29.42 points), Automobile Assembler (-12.75 points), and Automobile Parts & Accessories (-6.91 points).

  • Candidate who failed matriculation in 1988 passes in 2024

    Candidate who failed matriculation in 1988 passes in 2024

    In a startling revelation, a candidate who reportedly failed matriculation exams back in 1988 managed to obtain a passing result in 2024, raising questions on the integrity of educational records and administrative oversight.

    The candidate, originally from Karachi, appeared in matriculation board’s records from 1988 to have failed the exam. However, documents show that the same individual was later issued a degree, indicating a successful completion.

    According to official records, degrees were issued to students who had previously failed under the signature of Secretary Matric, Naveed Gujjar.

    In response to inquiries, he stated that a fake certificate of matriculation was issued to the candidate and that he has nothing to do with it.

  • Fawad Khan makes Bollywood comeback after eight years

    Fawad Khan makes Bollywood comeback after eight years

    Actor Fawad Khan, who captured Bollywood’s heart with his debut in ‘Khoobsurat’ (2014) and ‘Kapoor & Sons’ (2016), is finally making a highly-anticipated return to Indian cinema films after a break of eight years.

    As per filmfare sources, Fawad has been cast alongside Vaani Kapoor in an upcoming project. The pre-production is complete while the shoot will start in London.

  • Video: Teenaged Chinese badminton player dies of heart attack while playing

    Video: Teenaged Chinese badminton player dies of heart attack while playing

    A 17-year-old Chinese badminton player died of a heart attack while playing during the Asian Badminton Tournament in Yogyakarta, Indonesia.

    Zhang Zhi suddenly fell down in the middle of the match against Japan’s Kazuma Kawano last Sunday.

    A video of the last moments of the player has emerged on social media. He was taken to the hospital after collapsing, where his death was confirmed. Zhang Zhi won many championships during his short career.

  • Girl 6, brother 2, raped and killed in Karachi

    Girl 6, brother 2, raped and killed in Karachi

    The bodies of a six-year-old girl and her two-year-old brother were recovered, along with their mother’s, from a drain near their home in Mauripur, Karachi.

    The children were subjected to sexual assault before being killed, an investigation into the matter has revealed.

    The bodies of the missing 25-year-old woman, her six-year-old daughter and two-year-old son were found in a drain close to their home in Sher Muhammad Village, Mauripur, on Saturday, June 29.

    The father of the children, the complainant, told the police that his wife and two children went out of the home to meet Mehran Bibi for ‘religious and spiritual treatment’ on June 28 but disappeared for more than 24 hours and were found dead inside a drain.

    Dawn’s Imtiaz Ali reported that Police Surgeon Summaiya Syed, after a post-mortem examination, ‘confirmed’ that both the minor girl and her brother were raped, adding that the girl was subjected to a ‘brutal’ sexual assault.

    She also asserted that they had not ruled out the possibility of the mother being raped till the receipt of chemical reports, etc.

    The police surgeon also ensured that it was not a natural death, but the exact cause of death had been reserved till receipt of reports.

    However, DIG South Syed Asad Raza told Dawn that the case had been registered even though it appeared that the woman’s husband was not ‘interested’ in pursuing the murder case of his wife and children seriously.

    He seemed ‘aware’ of something but was hiding it from the investigators. Thus, the police were interrogating him, his cousin and other relatives to get clues about the real culprits but so far, no one has been formally arrested.

  • Mere Humsafar duo Farhan Saeed, Hania Aamir back together in web series

    Mere Humsafar duo Farhan Saeed, Hania Aamir back together in web series

    The wait is finally over. The talented duo from Mere Humsafar, Farhan Saeed and Hania Aamir, are reuniting on screen again, bringing back the magic of their unforgettable chemistry.

    The duo are coming together for a thriller web series on Express TV, alongside Kinza Hashmi, directed Wajahat Rauf and written by Asma Nabeel.

    Hania is currently starring in ‘Kabhi Main Kabhi Tum’ alongside Fahad Mustafa on ARY Digital, while Farhan Saeed’s last drama was  ‘Jhok Sarkar’.

  • Married man pretending to be bachelor taken to court

    Married man pretending to be bachelor taken to court

    A case has been registered against a married man who pretended to be single to remarry at the request of his wife.

    The second wife of the accused, Wajid Mansoor, filed a case at Sadiqabad police station in Rawalpindi, alleging that he is already married and the father of a daughter.

    The suspect reportedly entered into a second marriage to pursue his vested interests through lies, fraud, and deception. Mansoor has also been accused of stealing sixteen tolas of gold from his second wife.

  • Moeed Pirzada lashes out at Imran Riaz for silence on his cases

    Moeed Pirzada lashes out at Imran Riaz for silence on his cases

    Self-exiled journalist Moeed Pirzada strongly criticised YouTuber Imran Riaz Khan for his silence on Moeed and other journalists’ alleged sufferings, saying, “People consider Imran Riaz very brave, but he didn’t even upload a single Vlog when fake cases were made against us.”

    Wajahat S. Khan, who is currently in the United States, hosted a YouTube show named Gang of 4 Debate comprising Sabir Shakir, Moeed Pirzada, Pakistan Tehreek-e-Insaf’s (PTI) Shahbaz Gill and himself. Gill pointed out that “Nobody in Pakistan spoke for us when cases were registered against us and the last time someone did it was by Pakistan Press Foundation in June 16, 2023.”

    “I did more than 10 Vlogs for Imran Riaz, took Riaz’s case [when he disappeared] to then Chief Justice Umar Atta Bandial, gathered the media for him when nobody dared to speak; Imran Riaz was released before Eid because of me,” Pirzada exclaimed in a state of intense frustration.

    Pirzada spoke vehemently against the “Pakistani Vloggers”, saying that he knew their reality.

    In June 2023, Islamabad police filed sedition charges against two anchorpersons – Sabir Shakir and Moeed Pirzada – for their alleged involvement in May 9 violence incidents. While cases were filed against Wajahat Saeed Khan for “abetting mutiny” related to the same incident.

  • Meta to end ban on word ‘Shaheed’

    Meta to end ban on word ‘Shaheed’

    Meta Platforms have announced that they will lift its blanket ban on the word shaheed after a year-long review by its oversight board. The social media giant found out that its approach was “overboard”.

    Meta, the parent company of Facebook and Instagram, has been criticised for years over its handling of content involving the Middle East. A 2021 study Meta itself commissioned said that its appr­oach had an “adverse human rights impact” on Palest­inians and other Arabic-speaking users of its services.

    Those criticisms have escalated since October 7.

    Meta funded the oversight board, but it works independently. It started its review last year because the word accounted for more content removals on the company’s platforms than any other single word or phrase.

  • Islamabad Police foil major terror plot ahead of Muharram

    Islamabad Police foil major terror plot ahead of Muharram

    Islamabad Police conducted an intelligence-based operation (IBO) overnight in the Sangjani area last night, recovering a significant amount of weapons and explosives, including hand grenades, a suicide jacket, and an AK-47 rifle, potentially thwarting a major terrorism incident ahead of Muharram processions.

    An exchange of fire between the law enforcement agencies (LEAs) and the suspects ended when they managed to flee the scene.

    The area was quickly secured, and a comprehensive search operation is underway with increased personnel strength.

    Authorities have initiated an FIR at the CTD police station, and special teams have been mobilised to track down the absconding suspects.