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Pakistan's cash-strapped national carrier has grounded 11 aircraft, including three of its Boeing 777s, due to unavailability of funds to carry out replacement of parts. An official in the Pakis-tan International Airlines (PIA) said the top management has grounded 11 planes in the last three years as there was a financial crisis prevailing in the airline and the increase in dollar rates and petroleum products had not helped the situation. The official, who didn't want to disclose his name, said that 11 out of 31 aircraft operated by the PIA on international and domestic routes were grounded at the Karachi and Islamabad airports. «The financial crisis has meant the airlines are not in a position to purchase spare parts since last year leading to the grounding of these aircraft gradually,» he disclosed. The previous government led by Shahbaz Sharif had appointed a new MD in PIA and unveiled its plans to privatise the national airline, an announcement which has been met with fierce resistance from the various unions in the airline. Some of the unions have gone on a strike and the official said this had not helped matters as well. Two of the three wide-body Boeing 777 aircraft were grounded in 2020 and one in 2021.

COVID-19 pandemic. The BRICS group was formed in 2009 by Brazil, Russia, India and China. South Africa was added in 2010.

Canada’s largest pension fund has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region.

Chiranjeevi, beloved by fans for his legendary role in 'Jagadeka Veerudu Athiloka Sundari,' is all set to dazzle the Telugu film industry with another fantasy extravaganza. After a significant hiatus from the genre, the megastar has signed on for a new fantasy movie, directed by Vassishta, the visionary filmmaker behind the captivating 'Bimbisara.' The forthcoming film, 'Mega157,' is not just an ordinary project; it is poised to be a grand spectacle of unprecedented proportions.

By Luc Cohen

sting operation at a London hotel helped authorities recover a 15th-century Chinese vase worth about 2 million pounds ($2.5 million) and break up the criminal ring believed to have stolen the artifact from a Swiss museum, British police said Saturday. The vase, which dates to the Yongle period of the Ming Dynasty, was one of three items stolen from the Museum of Far Eastern Art in Geneva in 2019. The Metropolitan Police Service made the announcement after a London court on Friday found two men guilty of charges related to the gang's effort to sell the vase. A third man pleaded guilty to similar charges earlier this year, and two other men who were arrested in London are awaiting trial in Switzerland for their alleged role in the burglary.

reality for thousands of European startups, many of which have had to scale back expansion plans as venture-capital funding plunges following sluggish economic growth and rising interest rates. Improved returns now offered by bonds and other relatively safe investments have drawn many European investors away from riskier, less familiar asset classes such as startups. Venture-capital funding has dropped significantly in the U.S.

prostate cancer screening emerges as a recent study suggests that a brief 10-minute MRI scan could potentially revolutionize the diagnostic landscape for men. In contrast to blood tests seeking elevated levels of the protein PSA, these scans demonstrated superior accuracy in identifying cancer. The MRI scans even captured some aggressive cancers that would have gone unnoticed by PSA tests alone.

Like most of Pakistan's failures, the failure of its space programme too can be traced to its biggest malady — a military-theocratic state. Both India and Pakistan began their space programmes in early 60s but Pakistan got well ahead of India when it launched a sounding rocket into space in 1962, becoming the third such country in Asia.

Barclays PLC is boosting its price targets on most Canadian bank stocks, saying expectations are so low that fiscal third-quarter results may bring some upside surprises.

A significant shift is happening in the pool of bidders for BHP’s multibillion-dollar sale of its Queensland coal mines Blackwater and Daunia.

An exchange-traded fund that aimed to track CNBC anchor Jim Cramer’s stock picks is planning to shutter just five months after launching.

Sam Bankman-Fried, founder of the now-bankrupt cryptocurrency exchange FTX, is due back in court on Tuesday for the first time since a US judge revoked his bail and sent him to jail, and is expected to plead not guilty to a new indictment alleging fraud and conspiracy charges. The 31-year-old former billionaire has been behind bars since Aug. 11, when US District Judge Lewis Kaplan in Manhattan revoked his bail for allegedly tampering with witnesses at least twice.

terrorism were arrested in Jammu and Kashmir after the abrogation of Article 370, marking over five times increase in such arrests compared to the four-year period from 2015-2019, official data said.

New Delhi: DBS Bank India has announced its partnership with five of India's top badminton stars –- Lakshya Sen, Satwiksairaj Rankireddy, Chirag Shetty, Treesa Jolly, and Gayatri Gopichand –- to enhance its brand presence in the country and connect with its diverse audience, the company said in a statement here today. “Badminton is gaining popularity across India, and this partnership provides a great opportunity for us to extend our support to five young athletes who truly have the potential to be the stars of tomorrow!" said Shoma Narayanan, Managing Director - Group Strategic Marketing & Communications at DBS Bank India.

Childcare giant G8 Education had to turn away parents from its centres because it was unable to find enough staff to care for their children, stifling earnings growth.

The children were using the chairlift to cross the valley to get to school when a cable broke at a height of up to 1,200 feet (about 365 metres) midway through its journey in a remote, mountainous part of Khyber Pakhtunkhwa province. «For God's sake help us,» Gulfraz, a man stuck in the cable car, told Pakistan television channel Geo News by phone, confirming eight people were on board. «It has been nearly five hours since we are stuck mid-air. The situation is so bad that one man has already fainted.

The government will roll out the Bharat New Car Assessment Programme (NCAP) on October 1. Under the programme, which is on the lines of the Global NCAP and European NCAP, new vehicles will be checked for safety and assigned star ratings based on their performance in crash tests.

One way to demonstrate your language proficiency in English and gain a competitive edge is by taking the Pearson Test of English (PTE), which is now recognized and accepted by Australia, Canada, the US and the UK across all visa categories. PTE is a computer-based English language test for those who wish to study, work or migrate abroad. It tests the reading, writing, listening, and speaking skills of the candidates in a single two-hour assessment. It offers candidates a fast fair and flexible way of proving their English language proficiency. Here’s five ways in which English language proficiency can improve your life:

Multibagger stock: Patel Engineering shares are one of the multibagger stocks that Indian stock market has produced in 2023. This circuit to circuit stock has investments from Bank of Baroda and Vijay Kedia. In fact, ace investor Vijay Kedia raised his stake in this multibagger stock during April to June 2023 quarter.

I expect to receive around Rs 75 lakh from the sale of an apartment. I do not intend to invest in another property. How do I invest this lump sum in financial instruments? I am 47 years old and want to adopt an aggressive style of investing. Naveen Kukreja, CEO and Co-Founder, Paisabazaar.com: You should first check for possible long-term capital gains (LTCG) tax liability arising from the sale of your apartment.