Articles for tag: disembark, Funding, Medical, research, scientists, sharp

February 9, 2025

Scientists disembark the sharp funding of medical research

The patient’s entry into the National Institutes of Health is presented at Bethesda, Maryland on October 16, 2014 – Reuters The US Medical Research Service has announced a significant reduction in funding in universities and research centers, a move strongly condemned by scientists and academics who say that work on cancer and other diseases will suffer. The National Institutes of Health (NIH) said late Friday that it set a 15% threshold in funding for “indirect” or general costs linked to research. This represents a dramatic decline, amounting to billions of dollars, from indirect bills to 60% now charged by some

February 9, 2025

News Desk

Business

Inflation of health care bites as PBS records a sharp increase in medical expenditure

A man sorts and organizes medications in a Phashawar pharmacy store. – Reuters/file Healthcare services are becoming increasingly accessible to inflation consumers, as the Pakistani Statistics Office (PBS) for January 2025 show a sharp increase in medical expenses. The latest data released by PBS earlier this month showed that medical fees increased by 5.36% in January compared to December, composing an already sharp increase of 15.16% annually. General doctors as well as special clinics have also become 4.28% more expensive in January, while dental services saw 2.22% monthly rise – an imposing 26.16% increase compared to the same period last

January 26, 2025

News Desk

Featured Pakistan

FDA gives the nod to the first drug Schizophrenia “Game Changer” after 30 years

The US Food and Drug Administration (FDA) approved an innovative drug, Cobenfy (Xanomeline and Trospium Chloride), to treat schizophrenia in adults. Unlike traditional antipsychotic drugs targeting dopamine receptors, Cobenfy focuses on cholinergic receptors, offering a new approach to management of this impairment. Schizophrenia, a serious chronic disease, affects about 1% of the American population and is one of the top 15 causes of disability worldwide. The disorder is known for causing psychotic symptoms such as illusions, illusions and reduced thinking, significantly affecting the quality of life. In Pakistan and worldwide, schizophrenia is a serious concern, with patients often facing social

September 27, 2024

News Desk

Business

The sharp drop in LNG demand is hurting PSO financially

File photo of a ship carrying liquefied natural gas (LNG). — Reuters/File Electricity sector, PSO should “urgently” reach an agreement. Locally refined products only meet Euro-2 standards: MD. Without upgrading, refineries have no future, OGRA chief says. ISLAMABAD: Financial woes for Pakistan State Oil (PSO) have multiplied following operational disruptions in its supply chain as demand for liquefied natural gas (LNG) plummets in the country. The News reported on Friday. PSO, which has a long-term contract with Qatar to buy LNG, is currently facing an overstock problem — not because of increased imports, but because the power industry has drastically

March 15, 2024

News Desk

Business

In a sharp turn, stocks turn bullish

KARACHI: The Pakistan Stock Exchange (PSX) took a sharp turn on Thursday as the KSE-100 index surged over 1,000 points, breaching the 65,000 mark in a huge jump that came amid optimism over the International’s latest assessment of $3 Monetary Fund. billion standby agreement (SBA) and reducing bond yields. The stock market rallied as soon as trading began and the upward trend continued steadily almost throughout the day after the government’s talks with the IMF began. The Treasury Department’s assurance that the country is well positioned to finalize the SBA and negotiate a new bigger and bigger loan package lifted

February 11, 2024

News Desk

Business

PDM’s financial management led to a sharp increase in per capita debt

Photo: Tribune Creative Islamabad: A new legally mandated fiscal policy statement has revealed the worst financial management by Pakistan’s Democratic Movement coalition government, resulting in spending over Rs2.2 trillion over budget and a 25% increase in the debt burden for every citizen. The Finance Ministry’s Fiscal Policy Statement 2024 showed a sharp increase in debt in the fiscal year 2022-23, the period when the PDM ruled Pakistan. The debt of each citizen rose by 25.2% to Rs 271,624 by the end of the previous financial year. In absolute terms, each person’s debt rose by Rs 54,500 in a year, the

February 2, 2024

News Desk

Entertainment

Jodie Foster takes a sharp view of Hollywood: ‘This is now’

Jodie Foster pulls double duty as actress and executive producer on newest season of ‘True Detective’ Photo: Jodie Foster takes a sharp view of Hollywood: ‘This is now’ Jodie Foster analyzed the future of streaming in media True detectivethe last release of the season. Recently, the American director, who has blessed Hollywood with several critically acclaimed works, sat down for a confessional with ABS-CBN News. In this chat, the 61-year-old star got candid about her dual roles as star and executive producer on the hit show’s just-released season. True Detective: Night Country. When asked about her thoughts on the global

January 25, 2024

News Desk

Business

Petrol and diesel are likely to see a sharp hike in the next revision on January 31

The expected increase is due to a rise in international oil prices amid escalating tensions in the Middle East, officials say A worker at a gas station fills the gas tank of a motorcycle. — AFP/File Petrol and HSD are expected to increase by Rs 7 per liter each on January 31, 2024. Domestic prices have fallen several times in the past three months. Expected jump based on global prices of HSD, petrol and crude oil. ISLAMABAD: After the continuous relief in fuel prices, the caretaker government is likely to increase the prices of petrol and high speed diesel (HSD)

November 7, 2023

News Desk

Business

SoftBank’s WeWork files for U.S. bankruptcy amid sharp drop in shares

A WeWork logo is seen outside its offices in San Francisco, California, U.S., September 30, 2019. — Reuters WeWork, a popular co-working space provider founded by Japanese conglomerate SoftBank, sought US bankruptcy protection on Monday after its investments in companies that use more of its shared office space have soured. The move marks an admission by SoftBank that the company cannot survive without renegotiating its expensive bankruptcy leases as it has invested billions in its turnaround. According to a WeWork spokesperson, as part of a restructuring support agreement, about 92% of the company’s lenders had agreed to convert their secured

Scientists disembark the sharp funding of medical research

Inflation of health care bites as PBS records a sharp increase in medical expenditure

FDA gives the nod to the first drug Schizophrenia “Game Changer” after 30 years

The sharp drop in LNG demand is hurting PSO financially

In a sharp turn, stocks turn bullish

PDM’s financial management led to a sharp increase in per capita debt

Jodie Foster takes a sharp view of Hollywood: ‘This is now’

Petrol and diesel are likely to see a sharp hike in the next revision on January 31

SoftBank’s WeWork files for U.S. bankruptcy amid sharp drop in shares

Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success

Munir and Naqvi Join Makkah Pact Talks in Tehran

Iran Says the Border Is Open as Pakistan Ships LPG by Sea