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Asif Khanzada

‘Political uncertainty’ sees PKR hit new low, close at Rs215.2 in interbank


July 18, 2022

The dollar continued its relentless upward march against the rupee on Monday with the greenback gaining Rs4.25 in interbank trade. According to the Forex Association of Pakistan, the dollar was trading at a record Rs216 against the local currency at 3:12pm, up Rs5, or 2.4 per cent, from Friday’s close of Rs210.95. The dollar eventually closed at Rs215.2, with the local currency …

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Pandya, Pant star as India thump England in final ODI to seal series


July 18, 2022

MANCHESTER: Rishabh Pant’s maiden ODI ton and Hardik Pandya’s glittering all-round performance steered India to edge the series 2-1 against England after a comprehensive five-wicket victory n the final game, here at Old Trafford on Sunday. Pant blasted an astounding 125 not out to chase down a 260-run target set by England in the first innings after India elected to …

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MARBURG: GHANA CONFIRMS FIRST OUTBREAK OF HIGHLY INFECTIOUS VIRUS


July 18, 2022

Ghana has officially confirmed two cases of the Marburg virus, a highly infectious disease similar to Ebola, its health service said on Sunday, after two people who later died tested positive for the virus earlier this month. Tests conducted in Ghana came back positive on July 10, but the results had to be verified by a laboratory in Senegal for …

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Philipsen wins Tour de France stage 15 as Vingegaard hits the deck


July 18, 2022

CARCASSONNE: Belgian Jasper Philipsen claimed his maiden victory on the Tour de France when he won a bunch sprint in the 15th stage as overall leader Jonas Vingegaard suffered a bad day on Sunday. Alpecin-Deceuninck rider Philipsen timed his effort to perfection to beat compatriot Wout van Aert and Dane Mads Pedersen, who were second and third respectively. Vingegaard retained …

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Shahzad beats Indian opponent to bag gold in Asian Bodybuilding event


July 18, 2022

MALDIVES: Pakistan’s bodybuilder Shahzad Qureshi clinched a gold medal at the 54th Asian Bodybuilding Championship after defeating the Indian opponent. According to the details, Shahzad beat Uzbekistan’s Umar Omar Zakopol and India’s Naresh Nagdev in the competition to bag a gold medal in the masterclass 80kg plus category. Meanwhile, Umar Shahzad and Arsalan Baig claimed silver and bronze medals, respectively …

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Cruel food inflation


July 18, 2022

When media reports about rising food inflation, the numbers don’t tell how difficult the lives of financially poor people become with prices of food items increasing day by day. But that doesn’t mean poor Pakistanis, in particular, and others, in general, have found a magic wand to fight food inflation. In fact, mere survival continues to become more and more …

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KSE-100 plummets by more than 700 points


July 18, 2022

The benchmark KSE-100 index plunged by more than 700 points on Monday, with analysts attributing the development to the political uncertainty arising out of the outcome of the Punjab by-polls held a day earlier and the rupee losing ground against the dollar. Stocks plunged more than 600 points shortly after trading began and lost 713.19 points against the previous day’s close of 42,074.91 to …

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Indian traders, shopkeepers plan nationwide protest against tax hikes


July 18, 2022

Indian traders and shopkeepers will hold a nationwide protest next week against a hike in taxes on a range of products and services, including food grains and household items, that went into effect on Monday, a top official of a leading traders’ group said. “The five per cent tax on a range of food products — which remained tax-free so …

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Gunman kills 3 in US shopping mall before being shot by armed bystander


July 18, 2022

A gunman killed three people when he opened fire in the food court of a shopping mall outside the US city of Indianapolis on Sunday before a bystander fatally shot the assailant, Greenwood Police Chief Jim Ison said. Two other people were injured in the incident, which took place in the early evening at Greenwood Park Mall, the Indianapolis Star reported. “The …

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US terms Imran’s claim disturbing, looks ahead to strong ties


July 18, 2022

WASHINGTON: Former prime minister Imran Khan’s conspiracy claims are ‘very disturbing,’ says a US State Department official while underlining Wash­ington’s desire to rebuild a strong partnership with Pakistan. Addressing a convention of Pakistani physicians in Atlantic City, New Jersey, Director Pakistan Desk Neil W. Hop described US-Pakis­tan relations as “a partnership we cannot do without”. “We have to work with Pakistan in …

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