Karachi

Pakistan stocks plunge 4.5 per cent as market supports removed

Karachi - Pakistan stocks sank on Monday after a state corporate watchdog at the weekend lifted artificial measures which were keeping the market afloat for the last month, traders said.

Unclaimed radioactive material found near Karachi

Lahore, July 11: Two unclaimed sealed containers with radioactive material were reportedly found in the Korangi area of Karachi.

According to inspectors of the Pakistan Nuclear Regulatory Authority (PNRA), the containers were found buried in an area owned by the Oil and Gas Development Company (OGDC).

The PNRA is now making efforts for the safe disposal of the material, reported the Daily Times.

The Authority said that its nuclear inspectors had detected radioactivity from the containers, and that they were waxed and sealed so posed little risk, added the paper.

Inflation in Pak forcing Hindus to shun their customs and traditions

Karachi, July 10 : The prevailing inflationary trend in Pakistan has hit the Hindus badly, as they have been forced to shun their customs and traditions at weddings and festivals.

MQM describes Talibanization as a great threat to Pak

Karachi, July 8: The Muttahida Quami Movement (MQM), headed by Altaf Hussain, has condemned yesterday’s serial blasts in Karachi, saying it had warned about such attacks long ago.

Bombs used in Karachi blasts were locally-made, finds initial probe

Karachi, July 8: Initial investigation into last evening’s serial blasts in Karachi has found that locally-made bombs were used in carrying out the explosions which claimed one life and injured doz

Pakistan rupee hits record low at nearly 73 versus US dollar

Karachi - Pakistan's rupee currency continued its precipitous plunge to hit a record low at nearly 73 against the US dollar on Tuesday on rising economic and political woes, traders said.

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