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Daily Archives: November 7, 2021

PSX index gains over 1,100 points in a week


November 7, 2021

KARACHI: The benchmark index of the Pakistan Stock Exchange (PSX) closed at 47,296 points on the last day of the week, up 1,111 points or 2.4 per cent, on a week-on-week basis. According to Arif Habib Ltd, trading commenced on a positive note on Monday because the government was able to convince the Tehreek-i-Labbaik Pakistan to call off its protests. …

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Roshan Digital Account attracts $2.7bn in 14 months


November 7, 2021

KARACHI: Inflows through Roshan Digital Account (RDA) reached $2.7 billion in October since its launch in September 2020 reflecting the growing confidence of overseas Pakistanis despite Covid-19 related slowdown across the globe. Of the total over 68 per cent or $1.834bn was invested in high-return Naya Pakistan Certificates (NPCs) during this period. In dollar terms, the three-, six- and 12-month …

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Wary of Afghan spin threat, New Zealand back their own strengths


November 7, 2021

ABU DHABI: New Zealand are aware of the threat posed by Afghanistan’s spin attack, but the Black Caps are confident of sealing a semi-final spot in the Twenty20 World Cup with a win in Abu Dhabi, leg-spinner Ish Sodhi said on Saturday. A win in their final Super 12 match on Sunday will see New Zealand join Pakistan in the …

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Wrong to judge India by two bad matches, says Jadeja


November 7, 2021

DUBAI: India deserve more respect despite their faltering campaign at the Twenty20 World Cup, all-rounder Ravindra Jadeja said after the team’s comprehensive victory against Scotland on Friday. The 2007 champions risk early exit after being thrashed by Pakistan and New Zealand, the top two teams in Group II, in their first two matches. They snapped their losing streak against Afghanistan earlier this week. However, …

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World Cup 2021: 5 reasons why Pakistan fans should not celebrate prematurely


November 7, 2021

Pakistan have been quick off the blocks in T20 World Cup 2021, winning all four of their opening matches with style. That said, it’s still too early to get excited and assume that the World Cup trophy is coming home, and here is why: 1- There is a team called England England team celebrate winning the 3-match T20 series against …

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Afghanistan opt to bat against New Zealand in key T20 World Cup clash


November 7, 2021

New Zealand lost the toss against Afghanistan and will field in their must-win final group game at the T20 World Cup on Sunday. New Zealand will seal the last semi-finals spot without going into the complexities of net run-rates if they beat Afghanistan. “It’s a day game, so we want to post a decent total on the board,” said Afghanistan …

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Pakistan, Iran set $5bn trade target by 2023


November 7, 2021

ISLAMABAD: Pakistan and Iran have agreed to take measures to expand the annual trade exchanges to $5 billion by the year 2023. “Understanding of the new trade target was reached during the ninth meeting of Iran-Pakistan Joint Trade Committee held in Tehran,” said a commerce ministry official announcement released on Saturday. Iranian Minister of Industry, Mines and Trade Reza Fatemi …

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Pompeii dig yields rare window on daily life of enslaved


November 7, 2021

MILAN: Archeologists in Pompeii excavating a villa amid the ruins of the 79 AD volcanic eruption that destroyed the ancient city have discovered a room offers a very rare insight into the daily life of slaves, officials said on Saturday. Italy’s culture minister, Dario Franceschini, said the find was an important discovery that enriches the knowledge of the daily life …

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Those responsible for crimes against civilians in Myanmar will be brought to account: UN


November 7, 2021

UNITED NATIONS: The head of the UN body investigating the most serious crimes in Myanmar said that preliminary evidence collected since the military seized power on Feb 1 shows a widespread and systematic attack on civilians amounting to crimes against humanity. Nicholas Koumjian told UN reporters that the Independent Investigative Mechanism for Myanmar, which he heads, has received over 200,000 communications since …

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