The Karachi leg of the Pakistan Super League (PSL) 2022 is over, which means we’re halfway through the longstanding quest of holding a complete and uninterrupted PSL in the country it bears the name of. With the Lahori brethren eagerly waiting to give the tournament a greater reception than their port city rivals did, this is an apt time to look back at who the best performers are up until this point. Below, we’ve highlighted a group of five that outperformed all others while the tournament was still in Karachi. 5- Imran Tahir The man who was born in the 70s, has…
Author: Hasnain Abid Khanzada
KARACHI: Stock prices leapt up on Wednesday as investors celebrated the drop of international oil prices from their seven-year high. Oil prices slid more than two per cent from their recent peak as the indirect talks between the United States and Iran resumed, according to Arif Habib Ltd. The latest development could revive the international nuclear agreement and allow more oil exports from the member of the Organisation of the Petroleum Exporting Countries. However, the cement sector stayed under pressure owing to higher international coal prices. In the banking sector, Bank AL Habib hogged the limelight for announcing earnings that…
ISLAMABAD: The government has decided in principle to implement the Textile and Apparel Policy 2020-25 after reaching consensus among stakeholders over cash subsidy for lower utility rates with the aim to boost production and exports of value-added textile products. A formal decision in this regard was taken in the Economic Coordination Committee (ECC) of the Cabinet. The policy is expected to be presented in the next cabinet meeting for approval. An official source privy to the meeting told Dawn that it was decided that concessionary tariff on electricity and gas will be provided to processing industries only. However, it was decided that…
ISLAMABAD: As the government’s efforts to roll out 5G mobile phone connectivity pick up, telecom companies are reluctant to enter the race for a paradigm shift. On Wednesday, the government constituted an advisory committee to auction 5G telecom services across the country. The high-level committee — headed by Finance Minister Shaukat Tarin — would consist of 13 members, including Minister for IT and Telecommunications Syed Aminul Haque, Minister for Science and Technology Shibli Faraz, and Minister for Industries and Production Makhdoom Khusro Bakhtiar. Other members include the adviser on trade and investment, secretaries of finance, IT and law, Pakistan Telecommunication…
ISLAMABAD: The government has decided to facilitate trade activities for war-torn Afghanistan by granting a temporary waiver of Electronic Import Form (EIF), a mandatory process of banking transactions for trade purpose. The decision was taken on Wednesday during a meeting of the Afghanistan Inter-Ministerial Coordination Cell presided over by National Security Adviser Dr Moeed Yusuf. An official press release said the waiver, initially granted for 45 days, comes in compliance with the directions of Prime Minister Imran Khan to assist Afghanistan in addressing the impending humanitarian and economic crisis. The meeting was attended by Pakistan’s Special Envoy to Afghanistan Mohammad…
ISLAMABAD: The government on Wednesday approved pricing guidelines for the supply of Regasified Liquefied Natural Gas (RLNG) to K-Electric along with amendments to the existing legal framework and extended agreement with Saindak Copper-Gold Project with existing Chinese contractors for another 15 years. These decisions were taken at a meeting of the Economic Coordination Committee (ECC) of the Cabinet presided over by Finance Minister Shaukat Tarin that also authorised the issuance of a sovereign guarantee or standby letter of credit (SBLC) worth Rs6.944bn as operational Viability Gas Fund for construction of Sialkot-Kharian Motorway on build-own-transfer basis. The ECC approved a summary…
TEHRAN: Iran’s Revolutionary Guard announced on Wednesday the development of a surface-to-surface missile whose stated range would put Israel within reach. The Sepahnews website said the missile was named Khaybarchekan after a victorious battle fought by Holy Prophet Mohammed (peace be upon him) in the seventh century. Armed forces chief of staff Mohammad Bagheri described it as a strategic, “long-range” missile. The Sepahnews said the missile has a range of 1,450 kilometres, runs on solid fuel and is capable of penetrating anti-missile systems. It was unveiled during a visit to a surface-to-surface missile base of the Guards’ air force, with the chief of the…
NEW DELHI: Global automaker Toyota Motor and fast food chain Domino’s Pizza are among half a dozen companies that have apologised to India for social media posts from their Pakistani partners expressing support for held Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after a rare diplomatic escalation between South Korea and India on Tuesday over social media posts by Hyundai Motors’ Pakistani partner, which caused an uproar in India and calls to boycott the carmaker. Japan’s Suzuki Motor, majority owner of India’s biggest carmaker Maruti Suzuki, Honda Motor and Isuzu Motor, South Korea’s Kia Motors…
UNITED NATIONS: Pakistan has urged the international community to focus on combating the rising phenomenon of Islamophobia, which now forms part of far-right and neo-fascist parties’ manifestos in several countries. “We are witnessing the global resurgence in intolerance, discrimination, racism, negative stereotyping, and violence against persons, on the basis of religion or belief,” warned Ambassador Aamir Khan, Pakistan’s deputy permanent representative to the UN. Addressing a meeting of UN Alliance of Civilisation (UNAOC) in New York on Tuesday afternoon, Ambassador Khan said while no religious community was “immune from such discrimination, a particularly alarming trend is the global resurgence in…
KOLKATA: The outrage and resentment over a ban on wearing of hijab at schools in an Indian state is spreading, not just in India itself but abroad as well. At least one Indian parliamentarian has objected to the ban as has a Nobel laureate. Pakistan’s foreign minister has also weighed in on the matter. For their part, hundreds of students in Kolkata on Wednesday chanted slogans and blocked roads in protest against the ban. MP Shashi Tharoor of Congress party said there is no law banning religious forms of dress in India. “(T)here is no law banning religious forms of dress like…
