NEWS UPDATE

BUSINESS UPDATES: 

Loss During Lock down: Top groups of Pakistani retailers have claimed that whole sector has faced a collective loss of PRs. 900 Billion during 45 days of Lock-down due to the Covid-19 Universal. The epidemic which has disrupted the businesses across the world, has also marked every sector of Pakistan's economy and massive losses are being born by businessmen. Though the government of Pakistan is making full efforts to provide facility of concession to different sectors, the organized retail sector is still awaiting for incentives.

Economic Crisis: One of the badly affected segments of Pakistani society are the daily workers and self-employed who have not only lost their daily earnings to feed their families but also cannot pay rents, utility bills, school fees, or medical expenses.
People fears "the looming hunger more dangerous than the coronavirus."

Prime Minister and his team are taking different measures ranging from domestic to international level, to win the war against the COVID-19 disease, but the fear and consternation forced investors to bind themselves to a limited investment in government and private sectors. Recently, government announce a state of emergency which again left harmful impacts on supply chain and flow of goods. Due to emergency, most companies and businesses are performing from home, but they are in deep fiscal crisis. All the Businesses across the state are badly affected including travel Industry. While crisis become more intense, investors choose different way to save their investment.

Ramadan and Covid-19: Ramadan is a month when more Muslims offer prayers in mosques and visit markets. Many people were expecting that Prime Minister Imran Khan's government would announce a strict ban on prayers including the special Ramadan prayers in mosques to control the increasing of COVID-19. But Khan, a traditional politician who enjoys right-wing support and decided against shutting down the mosques. The government, although, appeal Islamic clerics to make sure social distancing rules during Ramadan prayers.

Top Paistani doctors alert that social group prayers will be harmful for the country.

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Attack on Pakistan Stock Exchange in Karachi, all terrorists killed

Police: 4 terrorists attack stock exchange in which one policeman, 4 security guards and 2 civilians were also killed

KARACHI: Terrorists attacked the Pakistan Stock Exchange (PSE), killing seven people, including a policeman, while forces retaliated by killing four terrorists.

According to reports, around 10 am on Monday, four terrorists first hurled a grenade at the gate of the stock exchange and then opened fire indiscriminately. As soon as the incident was reported, a heavy contingent of police and Rangers reached the spot and launched the operation.

According to the police, two civilians were killed in the attack while four security guards of the stock exchange, including a police sub-inspector, were martyred and seven others, including a policeman, were injured.

Police: The attackers were armed with modern weapons and ammunition.

According to police, police and Rangers personnel entered the stock exchange and in retaliation killed three terrorists while one terrorist was killed in the hall of the stock exchange.

According to rescue officials, the attack has so far claimed six lives, including two civilians and four terrorists.

Security sources said the terrorists were armed with sophisticated weapons and had explosives-laden jackets.

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COVID-19

The number of people infected with the corona virus worldwide has risen to more than 10 million and 500,000 people have died due to this deadly epidemic.

Last week, the World Health Organization (WHO) warned that the number of people infected with the corona virus worldwide could reach 10 million by next week.

According to the World Health Organization, half of all coronavirus cases occur in the two continents of North and South America.

The death toll from the virus has risen to more than 120,000 in the United States, the country most affected by Corona, and the number of patients has risen to nearly 2.6 million.

After the United States, Brazil is the country most affected by Corona, with more than 1.3 million patients and more than 57,000 deaths.

 Russia ranks third with more than 600,000 cases and nearly 9,000 deaths, while India ranks fourth with more than 500,000 cases and 16,000 deaths.

In the UK, more than 43,000 people have died from the corona virus, compared to more than 310,000.

It may be recalled that while the number of cases of Corona virus is increasing rapidly, the number of patients recovering from this deadly virus has also increased to 5.4 million.

Despite the WHO's explanation, the burning of Muslim bodies continues in Sri Lanka

 

Muslims in Sri Lanka are not allowed to bury their dead, despite new guidelines from the World Health Organization on the burial of coroners.

The bodies of Muslims are being cremated at the official level, which has caused great grief, anger and fear among the local Muslims.

Muslims in Sri Lanka say authorities are taking advantage of the Corona virus epidemic to discriminate against them by forcing them to burn their dead in an un-Islamic way instead of burying them.

Dr Sogat Samaraweera, the government's chief epidemiologist, says it is the government's policy to burn the bodies of all those who have died or are suspected of having died from the corona virus. Will go because burial can contaminate groundwater.

Dr Samaraweera says the health ministry's medical experts have adopted the policy for the "good of society". However, Muslim and social leaders and politicians have called on the Sri Lankan government to reconsider its policy.