Abuzar Usama, Author at Abb Takk News

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PSX turns bearish after staying bullish for consecutive 7-day in morning session

Abuzar UsamaJuly 8, 2025July 8, 2025

July 8, 2025July 8, 20250464

Karachi: After seven days of consecutive bullish trend The Pakistan Stock Exchange (PSX)turned to bearish on Tuesday witnessing a sharp pullback as the benchmark KSE-100...

Abdul Sattar Edhi death anniversary being observed today

Abuzar UsamaJuly 8, 2025July 8, 2025

July 8, 2025July 8, 20250325

Web Desk: The 9th death anniversary of prominent philanthropist and humanitarian Abdul Sattar Edhi is being observed on Tuesday. Abdul Sattar Edhi was born on...

Texas flood: Toll climbs to 100 as more bodies recovered

Abuzar UsamaJuly 8, 2025July 8, 2025

July 8, 2025July 8, 20250381

Austin: The death toll from catastrophic flooding in Texas rose to more than 100 as rescuers continued their grim search for people swept away by...

White House happy with Pakistan’s Peace Prize recommendation for Trump

Abuzar UsamaJuly 8, 2025July 8, 2025

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Washington:The White House has responded to Pakistan’s decision to nominate US President Donald Trump for the 2026 Nobel Peace Prize, calling it a recognition of...

Pakistan warns UN of Afghanistan becoming breeding ground for terror

Abuzar UsamaJuly 8, 2025July 8, 2025

July 8, 2025July 8, 20250238

New York: Pakistan has urged the United Nations to prevent the war-torn country from becoming a hub for terror, while terming the Tehreek-e-Taliban Pakistan (TTP)...

Naqvi assures Karachi business community to resolve all issues on priority basis

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250369

KARACHI: Federal Interior Minister Mohsin Naqvi on Monday assured the business community of Karachi that the government was actively working to resolve all their issues,...

Kamal presides DRAP review meeting over progress on bar coding on medicines

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250345

Islamabad: Federal Minister for Health Syed Mustafa Kamal on Monday, today, presided a review meeting regarding progress on bar coding of medicines, mobile app and...

Flash floods alert issued across Pakistan amid severe rainfall forecast

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250281

Islamabad: The National Emergency Operations Center (NEOC) of the National Disaster Management Authority (NDMA) has issued a countrywide alert for severe rainfall and potential flooding...

PSX bullish trend continues on consecutive 7th day as 100 Index gains historic 1421 points

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250260

Karachi:The Pakistan Stock Exchange’s (PSX) on first day of business week continued bullish trend consecutively on 7th day as benchmark KSE-100 Index witnessed bullish trend...

Sindh high level meeting suspends DG SBCA over building collapse incident in Lyari

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250250

Karachi: A high level meeting chaired by Chief Minister Sindh Murad Ali Shah on Monday, today, suspended Director General (DG) Sindh Building Control Authority (SBCA)...

FBR introduces AI-based Customs Clearance & Risk Management System

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250265

Islamabad: On the directives of Prime Minister Shehbaz Sharif, Federal Board of Revenue (FBR) has, for the first time in Pakistan’s history, introduced an Artificial...

Field Marshal reiterates any misadventure to undermine Pak sovereignty to be met with swift, resolute response

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250224

Rawalpindi: Field Marshal Syed Asim Munir, Chief of Army Staff (COAS), visited the National Defence University (NDU) Islamabad today, where he addressed the graduating officers...

At least eight Turkish soldiers die from methane gas exposure in Iraq cave

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250347

Baghdad: At least eight Turkish soldiers died after being exposed to methane gas during a search operation in a cave in northern Iraq, the defence...

DC South launches inquiry into building collapse in Karachi’s Lyari that claims 27 lives

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250248

Karachi:The Deputy Commissioner South has formed a three-member investigation committee to probe of residential building collapsed in the Baghdadi area of Lyari, resulting in the...

ICC appoints Sanjog Gupta as it’s new ICC chief executive officer

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250438

Dubai: The International Cricket Council (ICC) has appointed Sanjog Gupta as its new chief executive officer. He will assume charge on July 7, 2025, becoming...

Death toll from Texas floods reaches 78 including 28 children

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250303

Austin: The death toll from catastrophic floods in Texas reached at least 78 on Sunday, including 28 children, as the search for girls missing from...

PSX achieves another milestone crosses 133,000 points

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250271

Karachi: The new business week began with a new record as the Pakistan Stock Exchange (PSX) surged to an all-time high on Monday. For the...

BRICS nations express grave concerns on Gaza violence, demand immediate ceasefire

Abuzar UsamaJuly 7, 2025July 7, 2025

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Rio di Jnneiro: The BRICS Nations expressed grave concern over the ongoing violence in Gaza, calling for an immediate ceasefire b and the establishment of...

First session of indirect Hamas-Israel ceasefire talks ends without progress

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250280

Doha: The opening round of indirect ceasefire talks between Hamas and Israel in Doha ended inconclusively, according to two Palestinian sources familiar with the negotiations....

Martyrdom anniversary of Havaldar Lalak Jan ,NH being commemorated today

Abuzar UsamaJuly 7, 2025July 7, 2025

July 7, 2025July 7, 20250308

Rawalpindi:The 26th martyrdom anniversary of Havaldar Lalak Jan Shaheed, who sacrificed his precious life in defence of the motherland during Kargil war,is being commemorated today....

Pak’s young karate star secures gold medal at SA Karate Championship

Abuzar UsamaJuly 6, 2025July 6, 2025

July 6, 2025July 6, 20250481

Colombo: Pakistan’s young karate star Aina Noel secured a gold medal at the South Asian Karate Championship held in Colombo. Aina Noel clinched the top...

Dozens missing as Texas flash floods leave at least 51 dead

Abuzar UsamaJuly 6, 2025July 6, 2025

July 6, 2025July 6, 20250454

Austin:At least 51 people, including 15 children, have been confirmed dead following flash floods in central Texas, authorities said on Saturday as rescuers continued a...

Lyari bulilding collapse, toll increases to 26

Abuzar UsamaJuly 6, 2025July 6, 2025

July 6, 2025July 6, 20250308

KARACHI: The death toll from the collapse of a five-storey Karachi residential building in Lyari Baghdadi area has climbed to 26, with rescue teams recovering...

Karachi to remain cloudy and humid: Met Office

Abuzar UsamaJuly 6, 2025July 6, 2025

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KARACHI: The city is expected to continue with largely cloudy and humid weather conditions that may lead to drizzle during the night or morning over...

Main 10th Muharram processions taken out in Karachi, Lahore, Rawalpindi, other cities

Abuzar UsamaJuly 6, 2025July 6, 2025

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Karachi:The main procession on occasion of yome Ashur, 10th Muharram, in Karachi was taken out from Nishtar Park after Majalis that continued through the night...

PM pledges to uplift country’s rural citizens

Abuzar UsamaJuly 6, 2025July 6, 2025

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Islamabad:Prime Minister Shehbaz Sharif has renewed the government’s pledge to uplift the country’s rural citizens and support them as equal partners in shaping a stronger,...

World Rural Development Day being observed today

Abuzar UsamaJuly 6, 2025July 6, 2025

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Web Desk: World Rural Development Day is being observed on Sunday. In September last year, the United Nations General Assembly had unanimously passed a resolution...

Elon Musk launches “America Party”

Abuzar UsamaJuly 6, 2025July 6, 2025

July 6, 2025July 6, 20250269

Washington: Elon Musk, an ex-ally of US President Donald Trump, said he had launched a new political party in the United States to challenge what...

Heavy rain, flooding likely from today

Abuzar UsamaJuly 6, 2025July 6, 2025

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Karachi: Pakistan’s Meteorological Department issued an alert for heavy rains in the upper and lower parts of the country, including Karachi. The alert said that...

President, PM pay tribute to Hazrat Imam Hussain (RA)

Abuzar UsamaJuly 6, 2025July 6, 2025

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Islamabad: President Asif Ali Zardari and Prime Minister Shehbaz Sharif have paid rich tribute to the supreme sacrifice of Hazrat Imam Hussain (RA) and his...

Youm-e-Ashur being observed today with due solemnity under tight security

Abuzar UsamaJuly 6, 2025July 6, 2025

July 6, 2025July 6, 20250238

Karachi/Lahore/Islamabad/Peshawar/Quetta:Youm-e-Ashur, the tenth of Muharram-ul-Haram, is being observed on Sunday today, across the country with due solemnity and respect to pay homage to the supreme...

Death toll in Lyari building collapse climbs to eight

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250333

Karachi: Death toll in the collapse of a five storey building in Baghdadi area of Lyari in Karachi has climbed to eight while all the...

PSX reaches new high of 131,949 points after gaining 1262 points

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250291

Karachi: Pakistan Stock Exchange (PSX) on last day of business week continued to set a record as the benchmark Karachi 100 Index crossed a new...

Abbtakk special Business News Ticker

Risk management and underwriting professional, Imran Raza Jaffry, launches his 2nd book

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250360

Web Desk: Imran Raza Jaffry, a seasoned professional with over 20 years of experience in risk management and underwriting, is making waves in Pakistan’s insurance...

Pakistan win Asian Youth Girls Netball Championship

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250475

Jeonju, South Korea: Pakistan have won the Asian Youth Girls Netball Championship 2025, defeating Maldives with a commanding 60-35 score in Jeonju, South Korea. Pakistan...

Death anniversary of renowned folk singer Allan Faqir observed

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250599

Web Desk: The 25th death anniversary of renowned folk singer Allan Faqir was observed on Friday. Allan Fakir was born in 1932 in village of...

ECP issues notification for holding of elections on senate seats from KP

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250296

Islamabad: The Election Commission of Pakistan (ECP) on Friday issued a notification for holding of elections on Senate seats from Khyber Pakhtunkhawa after a hiatus...

Pakistan keen to work with UNSC members to promote united action: FO

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250261

Islamabad: Pakistan looks forward to working closely with all members of the United Nations Security Council to promote timely and united action in line with...

PM urges ECO countries deepen colloboration for pressing regional and global challenges

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250227

KHANKENDI: Prime Minister Shehbaz Sharif on Friday urged the Economic Cooperation Organization (ECO) member states to deepen collaboration in response to pressing regional and global...

Six killed as passenger car fell into deep gorge at Neelum Highway in Muzaffarabad

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250383

Muzaffarabad: In a tragic incident, a passenger car fell into a deep gorge near Chalhana spot at the Neelum Highway in Muzaffarabad killing six people...

Moonson winds entering Southern part of Sindh to cause rains today

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250279

Karachi: The moonson winds are entering the Southern parts of Sindh owing to which rains are likely to lash from tomorrow, Saturday. The meteorological department...

CM Sindh takes notice of building collapse incident in Lyari

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250301

Karachi: Chief Minister Sindh Murad Ali Shah has taken notice of the building collapse in Liyari area of Baghdadi. The CM Sindh has called a...

Residential building in Lyari Karachi collapses killing four injuring 6 others

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250413

KARACHI: A residential building collapsed in the Baghdadi area of Lyari on Friday, leaving at least four dead and six injured, according to rescue officials....

President, PM commend security forces for eliminating 30 Indian backed terrorists in NW

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250265

Islamabad: President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Friday commended security forces for eliminating thirty Indian-backed terrorists in Hassan Khel area of...

UN chief ‘appalled’ by worsening Gaza crisis as civilians face displacement, aid blockades

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250359

UNITED NATIONS: UN Secretary-General Antonio Guterres is “appalled” by the worsening humanitarian crisis in Gaza, as civilians face yet another wave of mass displacement with...

Pakistan, Russia agree on establishing rail, road network, providing CA states direct access to warm waters

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250324

Tianjin Pakistan and Russia have agreed to collaborate on establishing a robust rail and road network to link Pakistan with Central Asia and Russia, providing...

Security forces kill 30 fitna al Hindustan Khawarij in North Waziristan: ISPR

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250265

Rawalpindi: Security forces killed 30 Indian-sponsored Khawarij while foiling an infiltration attempt in the Hassan Khel area of North Waziristan District. According to the ISPR,...

Gaza death toll reaches 101 in single day as Hamas seeks guarantees for Gaza ceasefire truce

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250367

Gaza: The death toll since dawn has risen to 101, Qatar based news channel reported citing the Gaza hospital sources. Of that number, at least 51...

Security measures taken in Karachi for Muharram processions

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250299

KARACHI: Authorities in Karachi have barricaded key sections of the city’s main Muharram procession route and tightened security across sensitive areas ahead of mourning processions...

PM to address ECO Summit today being held in Khankendi, Azerbaijan

Abuzar UsamaJuly 4, 2025July 4, 2025

July 4, 2025July 4, 20250248

Baku:Prime Minister Sharif will attend and address the ECO Summit today being held in Khankendi, Azerbaijan. In addition, the Prime Minister will hold bilateral meetings...

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Gold price surge slightly in Pakistan

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Author : Abuzar Usama

Risk management and underwriting professional, Imran Raza Jaffry, launches his 2nd book