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Asif Khanzada

Babar rises to fourth position in latest ICC Test Batting Rankings


June 8, 2022

DUBAI: Following his sensational batting form, Pakistan’s captain and star batter Babar Azam has claimed the fourth position in the latest Test batting rankings announced by the International Cricket Council (ICC), here on Wednesday. Babar has been elevated from fifth to the fourth spot in the latest rankings released by the ICC, as he surpassed New Zealand’s skipper Kane Williamson with …

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West Indies win toss, elect to bat first against Pakistan in first ODI


June 8, 2022

MULTAN: West Indies have won the toss and elected to bat first in the first ODI against Pakistan, here at Multan Cricket Stadium. Playing Xls Pakistan: Babar Azam (c), Shadab Khan(vc), Imam-ul-Haq, Fakhar Zaman, Mohammad Rizwan (wk), Mohammad Haris, Khushdil Shah, Mohammad Nawaz, Haris Rauf, Shaheen Shah Afridi, Hasan Ali West Indies: Nicholas Pooran(c), Shai Hope (wk), Shamarh Brooks, Brandon King, Kyle …

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Dollar reverses slide, gains 50 paisa in interbank trade


June 8, 2022

The rupee lost ground against the dollar in the interbank market on Wednesday afternoon after it registered a modest gain in the morning. According to the Forex Association of Pakistan (FAP), the greenback was trading at Rs202.50 around 12:30pm after gaining 50 paisa against the previous day’s close of Rs202. (The FAP’s closing rate from the previous session is lower …

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PM Shehbaz decides to abolish taxes on raw materials for export industries


June 8, 2022

Prime Minister Shehbaz Sharif on Wednesday directed authorities to abolish all taxes on raw materials used in the export industry and form task forces to attract investment in multiple sectors. The Shehbaz government has been trying to set up a long-term plan to revive the ailing economy, with the premier yesterday repeating his call to boost exports to ease the burgeoning cash crunch. …

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KE seeks to charge consumers additional Rs27bn


June 8, 2022

ISLAMABAD: The K-Electric has sought about Rs4.86 per unit additional charges under monthly fuel cost adjustment (FCA) and Rs4.52 per unit under quarterly tariff adjustments (QTA) to mop up about Rs27 billion in additional revenues in next month’s billing. In its two separate petitions to the National Electric Power Regulatory Authority (Nepra), the Karachi-based power utility had sought Rs4.86 per …

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World Bank warns of ‘stagflation’ as Ukraine war chokes global growth


June 8, 2022

WASHINGTON: The global economy risks falling into a harmful period of 1970s-style “stagflation,” sparked chiefly by Russia’s invasion of Ukraine, the World Bank warned on Tuesday as it slashed its annual growth forecast. The toxic combination of weak growth and rising prices could trigger widespread suffering in dozens of poorer countries still struggling to recover from the upheaval of the …

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Western states submit censure motion against Tehran to IAEA


June 8, 2022

VIENNA: The United States, Britain, France and Germany have submitted a motion to the UN atomic energy watchdog to censure Iran over its lack of cooperation with the agency, two diplomats said on Tuesday. “The text was submitted overnight” from Monday to Tuesday, a European diplomat said. A second diplomat confirmed the news. The resolution urging Iran to cooperate fully …

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‘Dowry killings’ haunt India


June 8, 2022

JAIPUR: Before the three sisters and their children were found dead in a well, they left a message blaming the family they had married into. Kalu, Kamlesh and Mamta Meena were victims of a dispute over dowries, the often hefty sums Indian parents pay to marry off their daughters. The sisters had wed brothers from the same household and lived …

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Turkiye tells Russia it won’t tolerate instability in northern Syria


June 8, 2022

ANKARA: Turkish Defe­nce Minister Hulusi Akar told Russian counterpart Sergei Shoigu in a call on Tuesday that his country would respond to moves aimed at disrupting stability in northern Syria, his office said, as Ankara gears for talks with Moscow ahead of an expected offensive in the region. President Tayyip Erdogan announced two weeks ago that Turkiye would soon be …

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