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ISLAMABAD: The black box report for the Pakistan International Airlines (PIA) ATR42 operating as PK661 that crashed near Havelian confirms engine failure, the Civil Aviation Authority (CAA) revealed on Wednesday.

updated 19 hours ago

Investigative Reports

KARACHI – Significant developments were made during the interrogation of Lyari gangwar head Uzair Baloch Thursday. Baloch revealed the names of 10 key operatives of Lyari gangwar’s women wing.

March 08, 2017
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PSX: How high can you fly with broken wings

By noon the benchmark 100 index at the Pakistan Stock Exchange (PSX) was flirting with the 49,700 level, gaining 241 points. Volumes, however, were low as only 10 million shares had exchanged hands by then.

“With these volumes crossing 50,000 seems difficult," says Taurus securities researcher, Komail Chevelwalla, but he thinks the market sentiment is positive as Chinese management would soon take control of the market.

Currently mutual funds are providing liquidity to the market, but after 20th March FTSE global will include six PSX companies which will bring some more liquidity and May onwards inclusion in MSCI’s emerging markets would bring further liquidity.

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ISLAMABAD: The 78th Pakistan Day is being celebrated nationwide today with traditional zeal and fervour.


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