Karachi
Gold Prices Drop Sharply on First Day of New Year
Karachi (HRNW)- The price of gold saw a significant decline on the first day of the new year. Gold per tola fell by Rs 2,400 to Rs 454,562. Similarly, the price of ten grams of gold also fell by Rs 2,58 to Rs 389,713. It may be recalled that last Wednesday, gold per tola closed…
Karachi: Questions Raised Over Allocation of 40 Acres of KMC Land to Private Biogas Project
Karachi (HRNW)- The decision to allocate 40 acres of valuable government land belonging to the Karachi Metropolitan Corporation (KMC) to a private biogas project has raised serious concerns regarding transparency, use of authority and a possible conflict of interest. The approval was granted by Municipal Commissioner KMC Syed Afzal Zaidi, despite written objections from the…
Karachi: Pakistan Stock Exchange Kicks Off New Year with Historic Rally, KSE-100 Index Hits All-Time High
Karachi (HRNW)- The Pakistan Stock Exchange (PSX) witnessed a strong rally on Thursday at the start of the new year, as the 100 index reached an all-time high. The 100 index recorded a significant increase of 1,585 points during trading activities, after which the index reached 1,75,640 points. At one point during the day, the…
Karachi: Pakistan’s First Thalassemia Mobile Van Inaugurated, Health Minister Calls for Mandatory Pre-Marriage Screening
Karachi (HRNW)- The country’s first thalassemia mobile van has been inaugurated. Addressing the inauguration ceremony, Federal Health Minister Mustafa Kamal said that the increasing cases of thalassemia in Pakistan are worrying, and the main reason for this is the negligence of both the public and the government. The Federal Health Minister said that the only…
Karachi: 22 Injured in Indiscriminate Aerial Firing on New Year’s Eve, No Deaths Reported
Karachi (HRNW) – At least 22 people were injured in indiscriminate aerial firing in different areas of Karachi on the eve of the New Year. The injured were shifted to Civil Hospital, Jinnah Hospital, Abbasi Shaheed Hospital, Dow Hospital and other private hospitals with the help of the Chhipa Ambulance Service. According to Chhipa sources,…
Pakistan Stock Exchange Hits Historic High as KSE-100 Index Closes at Record Level
Karachi (HRNW)- Trading on the Pakistan Stock Exchange ended in a historic fashion today, with the 100 index closing at a record high of 174,472 points for the first time with an increase of 576 points. During the trading session, the 100 index rose by 908 points to reach 174,805 points for the first time….
Sindh Government Announces Major Transfers in Local Government Department
Karachi (HRNW)- The Sindh government has issued a notification of large-scale transfers in the Local Government Department, under which several officers have been given new postings and responsibilities. According to the important transfers: Allah Bachao Lakho has been appointed as Additional Director Local Government in Dadu. Farooq Ahmed Baloch has been transferred and given new…
Commissioner Reviews Major Road Rehabilitation and Traffic Management Plans
Karachi (HRNW)- A meeting chaired by Commissioner Karachi Syed Hassan Naqvi considered the repair and rehabilitation measures to rectify the current poor condition of various highways and internal roads of the city and a comprehensive plan to improve the traffic management system. It was informed in the meeting that PC-1s of most of the projects…
Dr. Syed Amir Ali Appointed CEO and President of Meezan Bank
Karachi (HRNW)- Dr. Syed Amir Ali, a 2004 alumnus of Hamdard University, has been appointed as the Chief Executive Officer and President of Meezan Bank. This was announced in a press release issued by the university on Tuesday. Dr. Syed Amir Ali completed his MBA from Hamdard University in 2002, where he was awarded a…
Senator Saifullah Abro Alleges Massive Corruption in Sindh Solar Energy Project
Karachi (HRNW)- Senator Saifullah Abro has revealed corruption worth billions of rupees in the Sindh solar energy project. According to him, the same solar panel, which was available in the market for Rs 21,000, was purchased for Rs 60,000 under the project. Senator Saifullah Abro alleged that the person involved in this corruption is the…