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KSE 100-Index halts after military operation

KSE 100-Index halts after military operation

Ongoing military operation against militants in North Waziristan halts the progress of Karachi Stock Market. KSE 100-Index on Monday lost 79.82 points ending the trading day at 29651.04 points. High and Low were 29651.04 and 29626.57 respectively. Total volume traded ...

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Power shortfall comes down to 3,000MW in country

Power shortfall comes down to 3,000MW in country

Electricity shortfall came down to 3,000MW on Saturday following Prime Minister Nawaz Sharif’s directives to reduce duration of power outages across the country. According to Ministry of Water and Power, electricity generation stands at 11,600 megawatt against the demand of ...

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Pakistan oil & gas summit to start on Wednesday

Pakistan oil & gas summit to start on Wednesday

ISLAMABAD: Officially endorsed by the Ministry of Petroleum and Natural Resources of Pakistan, the Pakistan Oil & Gas 2014 Summit will take place on 19th-20th March in Islamabad. Shahid Khaqan Abbasi, Minister of Petroleum and Natural Resources; Jam Kamal Khan, ...

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MasterCard, Visa form group to enhance payment security

MasterCard, Visa form group to enhance payment security

Visa Inc and MasterCard Inc, the world’s two largest payment networks, have formed a new cross-industry group to improve payment system security following a number of high-profile data breaches. The new group, which will include banks, credit unions, retailers and ...

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Network router caused WhatsApp’s ‘biggest’ outage

Network router caused WhatsApp’s ‘biggest’ outage

WhatsApp founder Jan Koum on Sunday issued an apology and blamed a network router for Saturday’s outage of the mobile messaging app. “We are sorry about the downtime,” wrote Koum. “It has been our longest and biggest outage in years. ...

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