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14 killed as truck plunges into dry canal in Sargodha fog

Victims were travelling from Islamabad to Faisalabad for a funeral, rescue officials say SARGODHA: At least 14 people were killed and several others injured on Saturday after a truck crashed due to dense fog in Punjab’s Sargodha district, rescue officials said. The accident occurred near Ghalapur Bangla in Kot Momin tehsil, where visibility was extremely … Read more

Norway jails Pak man for 30 years

. Security forces stand at the site where several people were injured during a shooting outside the London pub in central Oslo, Norway June 25, 2022. REUTERS OSLO: A Norwegian court on Friday found an man guilty of orchestrating a deadly shooting at a gay bar during Oslo’s 2022 Pride celebrations, sentencing him to the … Read more

Power sector sees Rs800b equity hole

[ To cover losses, successive governments have increased electricity prices and imposed a Rs3.23 per unit surcharge to service debts taken for power distribution companies, pushing energy prices to the highest levels in the region. Photo: file ISLAMABAD: The power sector equity turned negative by Rs800 billion in the last fiscal year due to a … Read more

Easing tensions lift PSX by over 3,600 points

[ KARACHI: The Pakistan Stock Exchange (PSX) enjoyed a strong bullish session on Friday as easing geopolitical concerns and renewed institutional buying triggered a broad-based rally, lifting the benchmark KSE-100 index decisively above the 185,000 mark. Investor sentiment improved after the US president signalled reduced chances of further escalation with Iran, encouraging risk-on positioning across … Read more

John Mellencamp shares update on daughter’s cancer battle

teddi mellencamp photo file

Teddi Mellencamp. photo: file John Mellencamp has shared an update on his daughter Teddi Mellencamp’s health, saying he hopes she will move back to Indiana as she continues treatment for stage 4 cancer, according to TODAY. The 74-year-old singer appeared on TODAY on January 16, where he spoke candidly about his 44-year-old daughter’s ongoing battle … Read more

2022 flood pledges largely soft loans, Senate told

Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry addressing the National Assembly during Wednesday’s session. Photo: X ISLAMABAD: Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry on Friday informed the Senate that more than 80 per cent of international pledges made during the 2022 floods were in the form of soft loans rather than grants. … Read more

SBP launches WE-Finance Code with 23 banks

[ Central bank, ADB begin national action plan to expand credit for women-led enterprises State Bank of Pakistan. Photo: File KARACHI: The State Bank of Pakistan (SBP) has reaffirmed its commitment to promoting women entrepreneurship and improving women’s access to finance through the adoption of the Women Entrepreneurship Finance (WE-FI) Code. Addressing the inaugural Women … Read more