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PSX tumbles by 634 points on investor caution

September 22, 2024

Infant among 3 people fatally shot at Utah carnival after argument
WEST VALLEY CITY, Utah — Three people, including an 8-month-old infant, were fatally shot at a Utah carnival after two groups got into an argument, police said. Police officers working at WestFest at Centennial Park in West Valley City saw the two groups Sunday night. “As they approached to break up the altercation, a 16-year-old…
State Bank keeps Policy Rate steady at 11pc to maintain economic stability
State Bank keeps Policy Rate steady at 11pc to maintain economic stability State Bank of Pakistan (SBP) announced to keep benchmark interest rate unchanged at 11pc, as inflation trends and economic recovery remain broadly aligned with projections. The decision was made during a scheduled meeting of the State Bank of Pakistan’s Monet Policy Committee (MPC),…
Sean ‘Diddy’ Combs trial judge dismisses juror over ‘concerns about his candor’
The federal judge overseeing Sean “Diddy” Combs’ racketeering and sex trafficking trial dismissed one of the jurors Monday morning, saying he had “concerns about his candor and whether he shaded answers to get on and stay on the panel.” Combs’ lawyers had made a last-ditch appeal Sunday to keep Juror No. 6, a 41-year-old Black…
Rs200 prize bond winner list announced today – June 16, 2025
Rs200 prize bond winner list announced today – June 16, 2025 QUETTA – al Savings Centre, Quetta, has announced the top winners of the Rs200 prize bond draw on Monday, 16 June 2025. The first prize winner of Rs200 Prize Bond takes home Rs750,000, while five second prize winners receive Rs250,000 each, and third prize…
Up to $20K reward offered amid ongoing search for 2 escaped NJ detainees
Federal officials continue Monday to search for two detainees who went missing from an immigration detention center in New Jersey last week and are offering a reward up to $10,000 for the arrest of each. A total of four initially escaped Newark’s Delaney Hall facility, where ICE has been holding individuals facing possible deportation, on…
Amazon prepares Major Satellite launch to challenge Starlink
Amazon prepares Major Satellite launch to challenge Starlink Amazon is set to launch the second batch of its Project Kuiper satellites on Monday, June 16, as it ramps up efforts to rival Starlink in the satellite internet market. This mission plays a crucial role in Amazon’s plan to deliver global, high-speed internet through space-based infrastructure.…
Israel-Iran conflict shows no signs of ending as it enters its fourth day
Speaking to Parliament on Monday, Iranian President Masoud Pezeshkian said Iran is not seeking nuclear weapons but has the right to pursue nuclear energy and research, repeating its long-standing official claim. The escalating conflict is looming over President Donald Trump, whose administration had urged Israel to hold off on the attack as it pursued nuclear…
Salaries Up 10% and Pensions increased by 5%
Punjab Budget 2025: Salaries Up 10% and Pensions increased by 5% Punjab government on Monday announced considerable sal increase for its employees, with 10% hike in pay and a rise in pensions by 5% as part of the provincial budget for the fiscal year 2025-26. Alongside this, the minimum wage across the region has been…
Supreme Court orders reconsideration of religious objection to N.Y. abortion care requirement
WASHINGTON — The Supreme Court on Monday ordered a lower court to take a second look at a religious challenge to a New York state requirement that employers provide health care plans that include abortion coverage. The justices said the case should be reviewed again in light of their ruling last week that Wisconsin had…