City Karachi Financial News

10.01 / 13:05
markets Digital Strategy Experts PAM country travelers 258 Pakistanis deported from seven countries, 16 arrested in Karachi
A spokesperson of the Immigration department at Karachi's Jinnah International Airport said, among them, 14 had Pakistani passports, while 244 were deported on emergency travel documents. «We arrested 16 deportees at the Karachi airport, including one with a suspicious identity, while the rest were released after questioning,» he said.
24.12 / 12:31
markets Digital FLEX Experts ICC Champions Trophy schedule announced, India to play Pakistan on February 23 in Dubai
Champions Trophy 2025 fixtures and groupings have been announced by the ICC on Tuesday, with the tournament set to begin on 19 February in Karachi with the final on 9 March.
09.12 / 02:09
markets Extreme Sustainability Research Experts Universities reports From Zara to Nike, H&M, and Levi’s, garment makers feel the heat under EU sustainability laws
extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have to help address. New European Union regulations make retailers selling in the bloc, like Inditex, H&M and Nike, legally liable for conditions at their suppliers, putting pressure on them to help fund improvements to cool factories they source from. In Dhaka, Hanoi, Ho Chi Minh City, Phnom Penh and Karachi, the number of days with «wet-bulb» temperatures — a measurement that accounts for air temperature as well as humidity — above 30.5 degrees Celsius jumped by 42% in 2020-2024 compared to 2005-2009, researchers at Cornell University's Global Labor Institute found.
05.12 / 12:41
Aviat Airlines Southern country 2020 International Pakistan's state-run airline to resume flights to Europe in January after EU agency lifted ban
Pakistan’s state-run airline says it is preparing to resume direct flights to European countries early next month
04.12 / 02:47
markets Digital Landmark Experts War Celebrity innovations Indian Navy Day 2024: Know its theme, significance, history and more
Indian Navy Day, observed annually on December 4, commemorates the valor and commitment of India’s naval forces. This year marks the anniversary of Operation Trident, a landmark naval mission carried out during the 1971 Indo-Pak war that showcased the strategic brilliance of the Indian Navy. In 2024, the Navy Day celebrations are set to take place in Puri, Odisha, with President Droupadi Murmu as the chief guest. Admiral Dinesh K. Tripathi, the Chief of Naval Staff, will host the event. The ceremony will feature a grand display of the Indian Navy's technological advancements and operational capabilities, reaffirming its critical role in safeguarding India’s maritime borders. Indian Navy Day 2024 theme This year’s theme, “Strength and Power through Innovation and Indigenisation,” emphasises the Navy’s focus on enhancing defense capabilities through self-reliance and cutting-edge technology.
16.11 / 11:09
markets Citi Strategy reports travelers cricket ICC begins Trophy Tour for Champions Trophy in Pakistan, POK cities dropped
Champions Trophy tour unveiled by the ICC on Saturday as the world body moved in swiftly to have them dropped from the host country's itinerary following India's strong objection. The Trophy Tour will now comprise Karachi, Rawalpindi and Islamabad, apart from Abbottabad in the Khyber Pakhtunwala Region. The Trophy Tour starts in Islamabad, the capital city of Pakistan, and will travel to other cities of the nation — Taxila and Khanpur (November 17), Abbottabad (November 18), Murree (November 19) and Nathia Gali (November 20) before concluding in Karachi (November 22-25). Most of these cities are tourist attractions, Earlier, on November 14, the PCB had announced the Trophy Tour, which included cities like Skardu, Hunza and Muzaffarabad, which fall in the PoK region, a disputed territory between India and Pakistan.
08.11 / 12:49
Citi Election WhatsApp country Hindus facing atrocities in Jkharkhand; JMM-led coalition converted Ranchi into Karachi: MP CM
Madhya Pradesh Chief Minister Mohan Yadav on Friday accused the ruling JMM-led coalition of converting the Jharkhand capital Ranchi into Pakistani city Karachi as, he claimed, Hindus are facing atrocities in Jharkhand. Yadav also alleged that the JMM and Congress were responsible for the decline of the Hindu population in Jharkhand due to infiltration from Bangladesh.
03.11 / 10:33
markets Digital Airlines reports Schools International Pakistan's Punjab Govt shows bidding interest in PIA, considers launching 'Air Punjab'
Pakistan International Airlines (PIA), the Punjab government, led by Chief Minister Maryam Nawaz, has also expressed interest in either purchasing the national carrier or establishing a new provincial airline, tentatively named "Air Punjab." On Saturday, Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif confirmed that his daughter and Punjab Chief Minister Maryam Nawaz had sought his advice on whether the provincial government should pursue the acquisition of PIA or launch a new airline, Dawn reported. «Maryam proposed that the Punjab government launch a new airline, Air Punjab, and I advised her to proceed with further consultations on the potential acquisition of the PIA,» Sharif shared from New York.
20.10 / 04:19
markets COST Citi Digital Strategy Experts Modern pressures burden Pakistan's donkey business
Jittering donkey carts have long been essential for aftermarket transport from southern Karachi's wholesale bazaars, nested in narrow streets preventing regular vehicles from accessing their trove of wares. For low-income workers, the beasts of burden provided a path to financial stability — their resilience, low overheads and integral role guaranteeing a modest and stable profit to live off.
18.10 / 13:23
markets Digital film Actor Experts BABA PAM Web series on Lawrence Bishnoi soon. Check title and actors
web series on the life and times of one of the most notorious gangsters is underway. Noida-based producer Amit Jani has revealed plans for a new web series centered around the life of gangster Lawrence Bishnoi. In an interview with India Today, sources confirmed that the project will be titled 'Lawrence — A Gangster Story'. The series has received the green light from the Indian Motion Pictures Association and will be produced under Jani's home banner, Firefox Film Production. According to the source, Amit Jani plans to share more details, including the cast, after Diwali. A poster for the series is also expected to be released following the festival. Fire Fox Productions is currently involved in other projects, including 'A Tailor Murder Story', which is based on the murder of tailor Kanhaiya Lal Sahu in Udaipur, Rajasthan, and 'Karachi to Noida', a story inspired by the lives of Pakistani national Seema Haider and Indian resident Sachin. Lawrence Bishnoi, who is currently held at Sabarmati Central Jail in Punjab, gained notoriety for issuing death threats to Salman Khan in connection with the Blackbuck case. The gangster also claimed responsibility for the killing of politician Baba Siddique, a close friend of Khan, in Mumbai on Saturday, October 12.
14.10 / 22:07
Target FIVE security Investigations China's premier inaugurates a Beijing-funded airport at the start of a Pakistan trip
China’s Premier Li Qiang has inaugurated a Beijing-funded airport built in restive southwestern Pakistan as he arrived for a regional security meeting in the capital, Islamabad
04.10 / 17:33
markets Digital Extreme Action country reports Controversial Islamic preacher Zakir Naik's 'X' account withheld in India amid controversial Pakistan visit
India has moved to withhold Zakir Naik's 'X' account, restricting access to the controversial Islamic preacher's social media in the country. This action followed hours after Pakistan warmly welcomed Naik, who is wanted by Indian authorities for charges related to money laundering and promoting extremism through hate speeches. Naik's presence in Pakistan has triggered fresh diplomatic responses from India, with sharp criticism directed at Islamabad for hosting him.
04.10 / 16:31
markets Digital Food Experts reports Schools Swiggy launches new service Bolt to deliver food in 10-15 minutes
Swiggy has rolled out a 10-minute food delivery service Bolt, the company said Under Bolt, Swiggy is offering deliveries of a limited set of items from select restaurants that will be delivered within 10 to 15 minutes. «Ten years ago, Swiggy revolutionised food delivery by cutting average wait times to 30 minutes. Now, we’re reducing that wait even further for frequently ordered items like coffee, burgers, ice cream, and biryani, partnering with trusted restaurants to deliver the best food in just 10 minutes,» Rohit Kapoor, CEO, Swiggy Food Marketplace, said in a statement.
15.09 / 03:55
markets reports isolate travelers symptoms International Pakistan: Another case of mpox reported at Karachi Airport
Jinnah International Airport have reported another suspected case of monkeypox on Saturday, ARY News reported. According to the details, a traveller who arrived on a PIA flight from Jeddah had symptoms that resembled monkeypox. The traveller was taken away to a government-run isolation ward in Sindh for additional assessment and care.
05.09 / 01:35
markets Coca-Cola PepsiCo War country Coca-Cola and PepsiCo lose popularity to local Cola brands due to boycott over Gaza in Muslim countries
Coca-Cola and rival PepsiCo spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countries including Egypt to Pakistan. Now, both face a challenge from local sodas in those countries due to consumer boycotts that target the globe-straddling brands as symbols of America, and by extension Israel, at a time of war in Gaza. In Egypt, sales of Coke have cratered this year, while local brand V7 exported three times as many bottles of its own cola in the Middle East and the wider region than last year. In Bangladesh, an outcry forced Coca-Cola to cancel an ad campaign against the boycott. And across the Middle East, Pepsi's rapid growth evaporated after the Gaza war started in October. Pakistani corporate executive Sunbal Hassan kept Coke and Pepsi off her wedding menu in Karachi in April. She said she didn't want to feel her money had reached the tax coffers of the United States, Israel's staunchest ally.
02.09 / 08:25
Action security Dreams film country social Videos 'Dream Bazaar' turns into a nightmare: Mob loots Karachi mall in minutes; Video goes viral
Karachi, Dream Bazaar Mall, experienced chaos on its opening day when a large mob of people surged into the building, leading to vandalism and looting. The incident, which occurred on September 1, 2024, was marked by the apparent absence of police, leaving mall staff helpless in managing the unruly crowd. Videos of the chaos have since gone viral on social media. Dream Bazaar Mall, located in the Gulistan-e-Johar area of Karachi, was an ambitious project initiated by a Pakistani businessman living abroad. The mall's opening had generated significant anticipation due to special discounts offered to attract customers. The excitement quickly turned into disorder shortly after the mall opened its doors at 3pm. As soon as the gates were unlocked, a massive crowd surged forward, overwhelming the security personnel and forcing their way into the mall. According to videos circulating on social media, the frenzied crowd began vandalizing property and looting stores. They were seen attacking the security personnel who were attempting to control the situation.
01.09 / 15:51
Virus country reports patient infection symptoms Authorities in Pakistan confirm fourth case of mpox virus
Pakistan on Sunday reported another case of monkeypox (mpox) virus amid the confusion about the total number of cases confirmed so far in the country. The fourth case was detected in Khyber-Pakhtunkhwa (KP) province where authorities confirmed three previous infections of the virus. «The medical team at Peshawar airport transferred the patient (fourth case) to the Police and Services Hospital (PSH) after detecting symptoms of the virus during the screening,» KP Health Director Dr Irshad Ali Roghani said. Roghani said the rapid response team took samples from the patient's wound in the hospital and sent it to the laboratory which confirmed mpox in the patient, who was reported in a stable condition.

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