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Asif Khanzada

Haris credits Babar for his success as Pakistan mainstay


March 6, 2023

KARACHI: Running in and bowling with raw pace was never a problem for Haris Rauf. After all, he had done it all his life with the tape ball and replicated the ability at HBL Pakistan Super League franchise Lahore Qalandars’ trials. But after proving his mettle as a Qalandars product at club level in Australia, the Big Bash League and …

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Australia’s Carey wants to contribute with bat


March 6, 2023

NEW DELHI: Australia wicket-keeper Alex Carey’s neat glovework in the third Test against India has earned him praise from coach Andrew McDonald and the 31-year-old wants to be equally effective with the bat in the ongoing series for the Border-Gavaskar Trophy. McDonald said Carey put on “an absolute cli­nic” in Nagpur, where Australia triumphed by nine wickets to bounce back …

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Mbappe beats PSG record as champions extend lead


March 6, 2023

PARIS: Kylian Mbappe became Paris St Ger­m­ain’s all-time top scorer when he helped his side extend their Ligue 1 lead to a provisional 11 points in a 4-2 home win against Nantes in Ligue 1 on Saturday. Mbappe found the back of the net two minutes into stoppage time for his 201st goal in all competitions with PSG, improving the …

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Beggars cannot be choosers


March 6, 2023

On the insistence of the International Monetary Fund (IMF), the federal government and the State Bank of Pakistan (SBP) did something last week that will deepen the ongoing political and administrative chaos, cripple the economy and multiply the miseries of 230 million Pakistanis. But they had to. Beggars cannot be choosers. The federal government slapped a permanent debt servicing surcharge …

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PKR jumps 54 paise in interbank in anticipation of IMF agreement


March 6, 2023

The rupee continued to recover in the interbank market on Monday, closing at Rs277.92 per dollar, data shared by the State Bank of Pakistan showed. This equates to an appreciation of 54 paise, or 0.19 per cent, from Friday’s close of Rs278.46 a dollar. Tresmark’s Head of Strategy Komal Mansoor said the rupee appreciated on market expectations that a staff-level …

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China increases military spending in face of ‘escalating’ threats


March 6, 2023

KYIV: Kyiv said on Sunday it was holding off attacks from Russian troops still attempting to surround Bakhmut, a now-destroyed eastern Ukrainian city that Moscow has been trying to capture for months. Ukraine has vowed to defend “fortress Bakhmut” but has faced Russian troops determined to take the city which has turned into a political prize as the battle drags …

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Stocks gain 97.3 points on expected IMF deal, rupee recovery


March 6, 2023

Shares at the Pakistan Stock Exchange (PSX) rose on Monday, with analysts attributing it to expectations of a deal with the International Monetary Fund (IMF) this week as well as the rupee’s recovery. The benchmark KSE-100 index closed at 41,434.33 points, up 97.33 points or 0.24 per cent. It reached an intraday high of 460.71 points or 1.11 points around …

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Pakistan has to give assurances on financing balance of payments deficit: IMF


March 6, 2023

Pakistan will be required to give an assurance that its balance of payments deficit is fully financed for the remaining period of an International Monetary Fund (IMF) programme, the lender’s resident representative said. The external financing is one of the last in a string of prior actions the lender wants Islamabad to complete before it clears funding stalled since late …

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Al Qaeda confirms killing of top commander in Yemen


March 6, 2023

DUBAI: Al Qaeda on Sunday confirmed the death of a senior figure in the network’s Yemen branch in a suspected US air strike last month, SITE Intelligence Group reported. Security and local government sources said on Wednesday Hamad bin Hamoud al Tamimi had been killed, identifying him as a top leader of Al Qaeda in the Arabian Peninsula (AQAP), which …

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Efforts on to renew Black Sea grain deal, says Turkiye


March 6, 2023

ISTANBUL: Turkish Foreign Minister Mevlut Cavusoglu said on Sunday that Ankara is working hard to extend a UN-backed initiative that has enabled Ukraine to export grain from ports blockaded by Russia following its invasion. The Black Sea Grain Initiative brokered by the United Nations and Turkiye last July allowed grain to be exported from three Ukrainian ports. The agreement was …

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