VIS upgrades BMR of ASL

KARACHI:VIS Credit Rating Company Limited has upgraded Broker Management Rating of Adam Securities Limited to ‘BMR2+’ from ‘BMR2’. Outlook on the assigned rating is stable. Previous rating action was announced on Jan. 18, 2021, said a release on Monday. The rating signifies strong external control framework. Client services, internal controls, risk management, and financial management […]

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SC dismisses petition seeking readmission of expelled student

ISLAMABAD:The Supreme Court on Monday dismissed a petition seeking readmission of a student expelled from a private school over misbehaviour. A three-member SC bench comprising Chief Justice of Pakistan Umar Ata Bandial, Justice Qazi Muhammad Amin Ahmed and Justice Munib Akhtar heard the petition filed by Rayyan Ahmad (Minor Student) against Beacon House School System, […]

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38 died, 3338 more test COVID-19 positive during past 24 hrs

ISLAMABAD:The national tally on Monday of total active COVID-19 cases recorded 89192 with 3338 more people tested positive for the deadly virus while 38 more people died from the disease during the last 24 hours. Out of total 38 corona patients died in the hospital during past 24 hours, while 11 patient among them were […]

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Speakers urge for 33 pc representation of Women in LG system

KARACHI:Chairperson of the National Commission on Status of Women (NCSW) Nilofar Bakhtiar and Women Speakers on Monday urged for ensuring 33 percent representation of women in the Local government (LG) system. While exchanging views and putting forward multiple recommendations including increase in the number of Local Councils, in a seminar on ‘Role of Women in […]

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PSX loses 68 points to close at 45,841 points

ISLAMABAD:The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed slight bearish trend on Monday, losing 68.40 points, a negative change of 0.15 points, closing at 45,841.25 points against 45,909.65 points on the last working day. A total of 150,102,543 shares, valuing Rs6.251, were traded during the day compared to the trade of 192,479,209 shares […]

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Gas pressure improves in Karachi after removal of illegal compressors: Hammad

ISLAMABAD:Minister for Energy Hammad Azhar Monday said the Karachi city had started witnessing improved gas pressure after the SSGC launched an effective operation against the elements depriving other consumers of the commodity through pumps and compressors. The minister, in a tweet, said there was a “dramatic improvement in the gas pressure in Karachi after the […]

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Saudi Interior Minister arrives in Islamabad

ISLAMABAD: Saudi Interior Minister Prince Abdul Aziz bin Saud bin Naif along with his six-member delegation on Monday arrived here on a day long visit. Interior Minister Sheikh Rasheed Ahmed welcomed the Saudi Interior Minister and his delegation at Noor Khan Airbase. Secretary Interior Yousaf Naseem and other senior officials were also present on the […]

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KPL franchises grow to seven as GB Markhors becomes new induction

ISLAMABAD:Kashmir Premier League’s (KPL) family grew to seven with the induction of a new franchise, GB Markhors at an impressive ceremony at Convention Centre Islamabad on late Sunday. Previously, the league consisted of six outfits that featured in its inaugural edition, held at picturesque Muzaffarabad Cricket Stadium from August 6-17, 2021. Bagh Stallions, Kotli Lions, […]

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