Stocks around the world, have been in a free-fall for some time now due to worries about the impact of the coronavirus outbreak on the global economy. Pakistan wasn’t safe either as another massacre was seen during the first day of the week with last week’s negative sentiment continuing into this week.
PSX’s benchmark index, KSE-100 index declined by 2375 points in today’s session which was the highest ever decline in history in terms of points. It touched an intraday low of 2,442 points on Monday.
The market closed at 33,664 points, declining 6.59%, which is the highest decline in percentage terms since 20th May 2002, according to Arif Habib Ltd.
Over Rs. 383 billion was wiped off from the market during today’s session, according to Capital Stake.
Shortly after the stock market opened Monday, the market went in the red zone. For the fourth time in six working days, trading was halted at the Pakistan Stock Exchange after the KSE-30 index fell by more than 5%.
The activity was halt..
Category: News
This Guy Will be a Better Batsman Than Babar Azam: Shoaib Akhtar
Former speed star Shoaib Akhtar has named a Pakistani cricketer who, according to him, has the potential to become even a better batsman than Babar Azam.
Akhtar heaped praised for the teenage sensation Haider Ali who was drafted for Peshawar Zalmi this year under the Emerging category. With his fearless approach, game sense, stroke-making abilities, Haider became the talk of the town just after his first few innings. Since then, he has become a regular feature in Zalmi’s star-studded squad.
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This is the reason why the Rawalpindi Express was all praise for the young batsman in his YouTube vlog. Haider’s scintillating performance with the bat not only gained Akhtar’s attention but has every cricket guru talking.
From Ramiz Raja to foreign Michael Slater, every PSL 2020 commentator, admired his hitting abilities and batting skills.
Before the beginning of the league, Haider was chimed as a batsman at par with Ba..
CAA Bans Entry of Visitors at All Airports
In an attempt to contain the spread of coronavirus, the Civil Aviation Authority (CAA) has imposed a ban on the entry of visitors coming either to receive or see off passengers at the airports.
According to details, no visitor will be allowed to enter the airport with the passengers. The ban, which comes into effect immediately, will be applicable on all airports.
Only the drivers will be allowed to enter the airport, but they too will not be allowed to go beyond parking spots. Passengers will have to move their luggage themselves from the parking space.
CAA officials state that the decision has been taken to provide a safe environment for all passengers and lower the risk of coronavirus.
At the same time, CAA has requested citizens not to make unnecessary visits to airports as they could contract the disease.
So far, Pakistan has reported 106 confirmed cases of COVID-19, with Sindh accounting for 88 of the cases.
Take These Safety Precautions Against Coronavirus If You’re Traveling
The outbreak of the coronavirus, also known as COVID-19, has had devastating effects all around the world with over 180,000 people infected and thousands of fatalities. It has led to a blood-bath in the stock markets and even halted the global auto industry.
At the time of when this article was being written, over 90 cases of COVID-19 had been confirmed in Pakistan and we thought to put together a list of preventive measures that you can take to help stop spread the virus.
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How to Clean Your Phone to Avoid Coronavirus [Guide]
Social Distancing This is the single biggest factor that can prevent the virus from spiraling out of control. Experts around the world have urged people to stop going to public spaces unless it is an emergency such as buying medical supplies or grocery. Cut down on unnecessary commute, and we have seen a lot of people disregard this.
We would like to point towards the case of South Korea, where the government had the situation under control with 30 c..
Nokia Launches its Most Affordable Smartphone Yet
HMD Global has quietly unveiled its latest Android Go smartphone under the moniker Nokia C2. The smartphone, as compared to its predecessor, comes with slight upgrades in almost all the categories. Since it is a budget smartphone, the company did not give it a dedicated event or announcement, which makes complete sense.
Design and Display Design-wise, the Nokia C2 does not look much different from its older counterpart. The only visible difference is the larger display size. Like most of the Nokia budget smartphones, this one also comes with a plain matte back and thick bezels around the display.
It is built around a large 5.7-inch LCD with HD+ (720p) resolution. The earpiece and selfie camera sit in the thick forehead bezel.
Internals and Storage Internally, the Nokia C2 comes with a 1.4GHz quad-core Unisoc processor at the helm, topped with 1 GB RAM, and 16 GB of onboard expandable storage.
On the software front, it runs on Android 9.0 Pie Go Edition.
Cameras Since the Nokia C2 ..
![How to Clean Your Phone to Avoid Coronavirus [Guide]](https://news.masscommunicationtalk.com/wp-content/uploads/2020/03/5c1d59e8ad9571587e132fb3.jpg)
How to Clean Your Phone to Avoid Coronavirus [Guide]
At this point, where COVID-19 or coronavirus cases are increasing by the day, most of us are frantically washing our hands and trying not to touch our faces. However, do you think that is enough? What about our phones that are almost like an extension of our hands?
According to experts, smartphones are nothing less breeding ground for germs. They are much dirtier than you might think.
The U.S. Centers for Disease Control and Prevention and the World Health Organization are continually asking users to disinfect frequently touched surfaces. Our Smartphones are one of them.
On January 17, ZDNet took to Twitter to ask a simple question: How often do you disinfect your phone? The results were mind-boggling. A whopping 60 percent of the audience admitted that they never cleaned their phone. Only 18.5 percent of the people said they clean their phones weekly, and 7.4% inferred they would clean it after being sick.
Daniel R. Kuritzkes, chief of the Division of Infectious Diseases at Brigha..
Ufone Conducts an Awareness Session on Coronavirus for its Employees
Amidst the growing threats of Coronavirus, Pakistani telecom operator Ufone in collaboration with National Institute of Health (Pakistan) conducted a public awareness session on Coronavirus (COVID-19) at the Ufone Tower in Islamabad to educate its employees about the pandemic, its symptoms and key preventative measures that should be taken on an individual level to avoid any risk.
Dr. Mumtaz Ali Khan, Senior Scientific Officer and Focal Person for Infection Prevention, Control and Patient Safety (NIH, Pakistan) was invited to deliver the session. He highlighted some crucial global and local statistics related to the number of people being affected by the virus.
Ufone’s GM Human Resources presents a shield to Dr. Mumtaz Dr. Mumtaz stressed on the adoption of preventive measures such as regular washing of hands, avoiding close contact and covering mouth & nose while coughing and sneezing, in order to avoid the risk of contracting the disease. Demonstrations about certain safety precaut..
Sindh Education Minister Announces New Exam Schedule
Sindh Education and Literacy Department has rejected rumors on social media that students across the province will be promoted without exams.
In a clarification on Monday, the Sindh Education Minister Saeed Ghani said that the exams for the classes 1st to 8th will be taken from 1st to the 15th of June when the schools reopen.
“Exams for the classes 1st to 8th will be held from the 1st of June to the 15th of June. After the results, students will be promoted to the next courses,” said Ghani, adding that this is when the new academic year in the province will start.
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Addressing a press conference in Karachi, the minister said that all steps have been taken to contain the spread of coronavirus. The decision was made in the Steering Committee, convened ahead of the press conference.
The minister added that the exams of 9th and 10th grades will start from the 15th of June, continuing until the 30th of June. The result will be out by the..
Excise Dept Working on Rules for Re-Registeration of Vehicles in Punjab
There are media reports that the Punjab Excise and Taxation Department has started creating rules and regulation pertaining to the re-registration procedure of vehicles that are already registered in other provinces.
According to the information, the department carried this out in the past as well but the process wasn’t completely finished; the department issued new number plates after finishing the documentation and cancelling the old registration plates.
Sadly, due to limited use of information technology, the facility was put on hold after several cases of fraud were discovered in 2002. After that, under section 30 of the Motor Vehicle Act of 1963, the department was empowered through the finance bill in the 2016 financial budget to restart this with a condition that that a formal order would be signed by the Secretary Punjab Excise after the rules and regulation were drafted.
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The drafted rules show that only th..
Banking Industry’s Deposits Surge to Rs. 14.8 Trillion
Banking Industry continued to receive handsome inflows of deposits that have surged to Rs. 14.8 trillion and are likely to touch Rs. 15 trillion within the next month.
According to the State Bank of Pakistan (SBP), the banking industry recorded an addition of Rs. 142 billion, on the account of deposits thanks to higher interest rates which provided an opportunity for banks to attract customers with higher profit rates.
Some banks cashed in on the opportunity and offer profit rates of up to 14 percent on different saving products mainly Term Deposit Certificates for a period of one to five years. Besides the certificate, banks—Islamic and conventional—received healthy deposits in non-remunerative accounts from new customers and account holders including corporations and various associations which also added inflows in their deposits.
Among these banks, some have stopped their high-profit rate Term Deposit Certificate ahead of the announcement of the new policy rates, which is expecte..
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