The Asian Development Bank (ADB) on Monday approved a $300 million policy-based loan to help strengthen Pakistan’s finance sector by supporting measures to develop competitive capital markets. ADB has supported the development of Pakistan’s financial markets through three policy-based loans over the past two decades. The third capital market development program will augment the size […]
Following the arrest of Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif, Maryam Nawaz has been authorized to lead the party, citing sources. In this context, guidelines have been issued by the former prime minister Nawaz Sharif from London to form an advisory board in the party for the future course of action. Well-informed sources said […]
Money laundering and assets case, Shehbaz arrested after LHC dismisses bail petition. The National Accountability Bureau (NAB) arrested on Monday PML-N President and Opposition Leader in the National Assembly Shehbaz Sharif in a money-laundering and assets beyond means case. Officials of the national graft buster arrested him from the Lahore High Court (LHC) premises; after […]
NEW DELHI- Forty-four Indian banks have been flagged in connection with transactions by Indian entities and individuals in a set of Suspicious Activity filed by US banks with the watchdog agency, the Financial Crimes Enforcement Network (FinCEN). A report of FinCEN reveals that 44 Indian banks – public, private, and foreign – were flagged for […]
At least five persons including two children were injured after a stray dog mauled them near Teen Talwar (Three Swords) monument in the Clifton area of Karachi The persons sustained injuries in stray dog attacks were immediately shifted to Jinnah Hospital for medical treatment. Executive Director Jinnah Postgraduate Medical College, Dr. Seemi Jamali, said that […]
Saudi Arabia has announced health protocols to prevent the spread of the novel coronavirus cases in the 2020 Umrah season, which is due to start from October 4, Sunday. Saudi Arabian Hajj and Umrah ministry, the pilgrims have to seek permission letter prior to performing Umrah from the authorities. The pilgrims are bound to get […]
Violence flares up in Nagorno-Karabakh, with militaries from both sides accusing each other for the major escalation. Armenia has declared martial law. Armeniaordered its military to mobilise after a major flare-up in violence with Azerbaijan over the disputed Nagorno-Karabakh region. Heavy fighting between the two arch-foes broke out on Sunday. They blamed each other for […]
Residents of Lake Jackson, Texas, have been warned about using tap water after a deadly brain-eating microbe was found in the city’s public water supply. Tests confirmed the presence of Naegleria fowleri in the system. The amoeba can cause an infection of the brain, which is usually fatal. Infections are rare in the US, with […]
A man suspected of injuring two people with a meat cleaver in Paris. He has admitted to deliberately targeting the former offices of the satirical Charlie Hebdo magazine. The suspect reportedly linked his actions to the magazine’s recent republication of cartoons of the Prophet Muhammad. Charlie Hebdo did this as a trial over the 2015 […]
At least 13 people were killed and seven others were injured as a passenger van caught fire after it overturned on Super Highway Saturday night, according to rescue workers. The van overturned because its tie rod broke, according to the M9 highway police. The police, however, has yet to identify the cause of the fire. […]
