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Pakistan Stock Exchange Pakistan Stock Exchange is a cornerstone of the country's financial system, serving as a vital platform for capital formation and economic development. With its roots tracing back to the early 20th century, the PSX has evolved into a dynamic and sophisticated market, playing a crucial role in Pakistan's economic landscape. Historical Background The PSX's journey began with the establishment of the Karachi Stock Exchange (KSE) in 1947, soon after Pakistan's independence. Over the decades, the KSE grew to become the largest and most active stock exchange in the country. In 2016, the KSE merged with the Lahore Stock Exchange (LSE) and Islamabad Stock Exchange (ISE) to form the Pakistan Stock Exchange, aiming to streamline operations and enhance market efficiency. Structure and Operations The PSX operates as a modern electronic exchange, providing a transparent and efficient trading platform for investors. It offers a diverse range of financial instr...

Heatwave  The World Meteorological Organization (WMO) defines a heat wave as a period during which the daily maximum temperature exceeds for more than five consecutive days the maximum normal temper- ature by 9 degrees Fahrenheit (5 degrees Celsius), the normal period being defined as 1961–1990. Causes Of Heatwave Heat waves form when a high-pressure area in the upper atmosphere strengthens and remains over a region for several days up to several weeks. This traps heat near the earth's surface. It is usually possible to detect heat waves by using forecasting instruments Impect Of Heatwave  According to a study in 2022, in Europe alone, it was estimated that over 60,000 people died from heat-related stress.   Heatwaves impact human health and well-being, public safety and infrastructure, and the natural environment. Hot extremes including heatwaves have intensified in cities, where they have also worsened air pollution events and limited functioning of key infrastruct...

Cricket World Cup 2024 In the world of cricket, there's no event quite as thrilling as the Cricket World Cup. As 2024 unfolds,  for the next installment of this  tournament, where nations compete for glory, pride, and the chance to etch their names in cricketing history. Let's dive into the excitement, the narratives, and the fierce competition that make the Cricket World Cup a spectacle like no other. How many teams will play in the 2024 cricket world cup? The tournament has been expanded to include 20 teams for the first time, up from 16 teams in the 2022 edition. The top eight teams from the previous edition and the two host nations, USA and West Indies, earned direct entry. What are the rules for the 2024 T20 World Cup? Format of ICC T20 World Cup 2024 In the Super 8 round, eight teams will be divided into two groups of four teams each. The top two teams from each group in Super 8 round will qualify for the semifinals. The winner of two semifinal will lock horns in the T20...