Daily Archives: September 1, 2020

Two new polio cases emerge in Punjab; 8-month-old victim dies


September 1, 2020

LAHORE: Two new cases of wild poliovirus have been detected in Punjab, bringing the number of children affected by the crippling disease in the province so far this year to eight. According to the Punjab anti-polio programme, an eight-month-old boy affected by the virus in Dera Gazi Khan passed away. All his limbs were crippled by the disease. In Bahawalpur, …

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COVID-19 often goes undiagnosed in hospital workers


September 1, 2020

A high proportion of COVID-19 infections among U.S. healthcare personnel appear to go undetected, according to a report on Monday in the Morbidity and Mortality Weekly Report of the U.S. Centers for Disease Control and Prevention. Between April and June, among more than 3,000 frontline workers in 12 states, roughly 1 in 20 had antibody evidence of a previous COVID-19 …

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Cell phone activity may predict COVID-19 spread


September 1, 2020

Cell phone use patterns suggest that when people stay home, coronavirus infection rates go down, researchers say. For a study published on Monday in JAMA Internal Medicine, they analyzed publicly available de-identified cell phone activity and location data collected between January and May from 2,740 counties across the United States. After mid-February, when the coronavirus outbreak began, cell phone activity …

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Twitter complied with 35pc legal requests from Pakistan in 2019


September 1, 2020

KARACHI: According to the latest biannual transparency report, micro blogging website Twitter has started complying with content removal requests from Pakistan — a marked departure from previous years of non-compliance. The total compliance rate, released for the first time by the company, refers to the percentage of requests where Twitter took a specific action to remove content (e.g, Tweet or …

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Stocks drift higher on foreign buying


September 1, 2020

KARACHI: The stock market remained generally bullish though several spells of profit-taking forced it to move sideways. In the end, the KSE-100 index recorded minor gains of 54.71 points (0.13 per cent) and settled at 41,110.93 on Monday. The index opened on a positive note and quickly climbed to intraday high by 255 points. But at that point, it succumbed …

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The future of digital banking


September 1, 2020

‘Digital’ has become one of the most commonly used words these days. Everything now has the precursor ‘digital’ attached to it, and digital banking is no exception. With the advent of Covid-19, articles claiming a “digital financial revolution” and Pakistan’s sleeping commercial banking sector turning the corner were seen in abundance. Unfortunately, the reality is far from these rosy pictures …

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Rupee recovers Rs1.2 against dollar


September 1, 2020

KARACHI: The dollar continued to fall against the local currency as it slipped by Rs1.20 to Rs166.23 in the interbank market on Monday while total decline in the last three sessions was 1.3 per cent. The State Bank of Pakistan reported the dollar closed at Rs166.23 but bankers dealing in the currency market said the greenback was sold as low …

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Revenue collection falls 2pc in August


September 1, 2020

ISLAMABAD: Revenue collection in August fell two per cent or Rs5 billion year-on-year to Rs294bn, data released by the Federal Board of Revenue (FBR) showed on Monday. The FBR also missed the month’s collections target by 4.5pc or Rs14bn. The board had projected revenue collection of Rs308bn for August. The heavy rainfall badly affected customs clearance of imported cargo during …

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Govt mulls private managers, forensic audit of SOEs


September 1, 2020

ISLAMABAD: The government is examining the options of involving private managers through management contracts and forensic audit of loss-making state-owned entities (SOEs) as it prepares to submit a progress report to the International Monetary Fund (IMF) by Sept 30. Presiding over a meeting of the Cabinet Committee on State-Owned Enterprises (CCSOEs), Adviser to the Prime Minister on Finance & Revenue …

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Johnny Depp accused of running ‘smear campaign’ against ex-wife Amber Heard


September 1, 2020

Hollywood star Amber Heard is pointing her guns at ex-husband Johnny Depp once more, accusing him of ‘organising and orchestrating’ a smear campaign against her. According to US court documents, the Pirates of the Caribbean actor made attempts to sully his ex-wife’s name and cause damage to her social repute and career. The Aquaman star and her lawyer Adam Waldman allege Depp …

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