InvestPak opens Rs82tr market to small investors

SBP’s digital platform lets individuals buy govt bonds; aims to boost financial inclusion KARACHI: The State Bank of Pakistan (SBP) launched InvestPak, a digital platform that allows individuals to invest directly in government securities, opening the Rs82 trillion sovereign debt market to ordinary citizens for the first time, according to a statement issued on Monday….

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Vehari achieves 90% cotton target

. VEHARI: The district has achieved 90 per cent of its cotton cultivation target. The first cotton picking is under way, with yields ranging between eight and 12 maunds per acre. Seasonal cotton harvesting is expected to begin by the end of August. Officials said the expansion of maize and other crops on traditional cotton-growing…

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Microsoft to cut 4,800 jobs, overhaul Xbox unit

Microsoft Xbox expansion, including Activision deal, still trails Sony and Nintendo in gaming market A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS Microsoft said on Monday it would cut 4,800 jobs, or ​about 2.1% of its global workforce, overhauling its Xbox gaming business and divesting…

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Ruthless Osaka dispatches Sabalenka

LONDON: Naomi Osaka began her Wimbledon week wearing a kimono-style walk-on outfit inspired by her favourite character from the Quentin Tarantino movie ‘Kill Bill’ and she ended it by ​taking out top seed Aryna Sabalenka in brutal fashion. The Japanese 14th seed produced the kind of tennis that took her to four Grand Slam titles as she blazed ‌to a…

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West Indies trail Sri Lanka by 231 runs

Shai Hope of West Indies celebrates his half-century. Photo: AFP LONDON: Shai Hope and Justin Greaves steadied the West Indies first innings reply with an unbroken fifth-wicket partnership of 174 as the home side reached 318 for four at the close of the third day of the second and final Test against Sri Lanka at…

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