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Daily Archives: October 14, 2021

Stocks tumble 661 points on political noise


October 14, 2021

KARACHI: The Pak­istan Stock Exchange (PSX) witnessed another bloodbath on Wednesday amid political noise, with the benchmark index shedding 661.30 points (1.51 per cent) to 43,221.78 points. According to Topline Securities, the selling spree continued on the PSX as the market opened on a positive note and made an intraday high of 44,172 points (up 0.66pc). However, the controversy around the …

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KSE-100 soars 1,112 points buoyed by cement sector


October 14, 2021

Shares at the Pakistan Stock Exchange soared on Thursday as the benchmark KSE-100 index gained 1,111.90 points, or 2.57 per cent, to close the day at 44,333.68. Remaining in the green almost throughout the session, the index saw the addition of 769.37 points during intra-day trading by 12:48pm. The day’s high was recorded at 44,431.65 points, while 43,046.25 was the …

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Man using bow and arrow kills four in Norway


October 14, 2021

OSLO: A man using a bow and arrow killed four people and wounded several others in attacks in the Norwegian town of Kongsberg on Wednesday. “The man has been apprehended … from the information we now have, this person carried out these actions alone,” police chief Oeyvind Aas told reporters. He said police were investigating the incident from all angles, …

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Kim Kardashian called out for ‘insensitive’ O.J. Simpson joke during SNL


October 14, 2021

Kim Kardashian is facing the wrath of Nicole Brown Simpson’s sister after her SNL O.J. Simpson joke. The 40-year-old, who hosted an episode of Saturday Night Live over the weekend, said that her first ever interaction with a black person was due to her father Robert Kardashian’s friendship with O.J. Simpson. “Wanna take a stab in the dark at who …

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Bajwa, Bagheri agree on response to terrorism


October 14, 2021

ISLAMABAD: In a sign of growing defence ties, Pakistani and Iranian militaries on Wednesday agreed on training exchanges and enhanced counterterrorism cooperation. The understanding was reached during a meeting between Chief of the Army Staff (COAS) Gen Qamar Bajwa and visiting Iranian Chief of General Staff Maj Gen Mohammad Bagheri at the General Headquarters. The two commanders held one-on-one talks …

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Qatar advises West not to isolate Taliban


October 14, 2021

DUBAI: Qatar’s foreign minister said isolating Afghanistan and its new Taliban rulers will never be an answer and argued on Wednesday that engaging with the former insurgents could empower the more moderate voices among them. Sheikh Mohammed bin Abdulrahman Al Thani spoke amid a flurry of diplomatic meetings taking place in Qatar, where the Taliban have maintained a political office …

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PIA fires over 1,500 employees recruited on forged documents


October 14, 2021

RAWALPINDI: Pakistan International Airlines (PIA) has fired over 1,500 employees recruited on forged documents. The airline is also simplifying and reforming its human resource processes by inducting e-PIA workers portal. This was revealed during a meeting of the Senate Standing Committee on Aviation held under the chairmanship of Senator Hidayatullah at the Old PIPS Halls, Parliament Lodges, on Wednesday. Aviation …

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SC asks KP govt to recover Rs33m in Karak temple case


October 14, 2021

ISLAMABAD: The Supreme Court on Wednesday issued directives to the Khyber Pakhtunkhwa government to collect Rs33 million from culprits involved in vandalising and torching of a century-old Samadhi (shrine) of a Hindu saint in the Teri village of Karak district. A three-judge SC bench, headed by Chief Justice of Pakistan Gulzar Ahmed, issued the directive to the provincial government while hearing the …

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Alvi hails collaboration with Malaysia in vehicle production


October 14, 2021

KARACHI: President Dr Arif Alvi has said it is a matter of pride that Pakistan is collaborating with Malaysia to produce top quality vehicles in the country. The president expressed these views at a ceremony held to inaugurate the Al-Haj Automotive Assembly Plant of Proton SAGA here on Wednesday. Dr Alvi said Pakistan was on the path of development as …

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NAB offices stopped from processing white collar crime cases


October 14, 2021

ISLAMABAD: The National Accountability Bureau (NAB) has written to all its regional bureaus to stop the process on all white collar crime cases until the law ministry interprets or elaborates on some crucial clauses of the newly promulgated NAB (second amendment) Ordinance 2021. According to the letter, dated Oct 12, available with Dawn, all regional heads of the anti-graft watchdog were asked …

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