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Asif Khanzada

Nawaz picks 4 as Pakistan beat West Indies to seal ODI series


June 11, 2022

All-rounder Mohammad Nawaz bagged four wickets as Pakistan defeated West Indies by 120 runs in the second one-day international on Friday to take an unassailable 2-0 lead in the three-match series. Chasing 276, the visitors were bundled out for 155 within 33 overs in Multan as Nawaz excelled with his spin bowling and finished with career-best ODI figures of 4-19. …

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Charles Leclerc ends opening day of Azerbaijan practice fastest for Ferrari


June 11, 2022

BAKU: Charles Leclerc pushed Red Bull rival Sergio Perez off the top of the timesheets to end Friday practice for the Azerbaijan Grand Prix with the fastest time for Ferrari. The Monegasque, who had trailed Perez at the end of the first session, pulled out a one minute, 43.224-second lap in the second hour of running to end the day …

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Daryl Mitchell, Tom Blundell help NZ take charge on first day at Nottingham


June 11, 2022

NOTTINGHAM: Daryl Mitchell led the New Zealand charge as the tourists powered to 318-4 against England by close of play on the first day of the second Test here at Trent Bridge on Friday. Mitchell’s aggressive 81 not out and an unbeaten 67 from Tom Blundell made England captain Ben Stokes pay for his decision to bowl first on a …

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BUDGET 2022-23: Rs3.47 billion allocated for sports sector


June 11, 2022

ISLAMABAD: The county’s sports sector on Friday received a budget of Rs3,472 million during the fiscal year 2022-23 for twelve ongoing and seven new development schemes with Rs400 million being set side for the Narowal Sports City project. The Narowal Sports City project, which is being built in the constituency of incumbent Federal minister for Planning and Development Ahsan Iqbal, …

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BUDGET 2022-23: Provinces to get 17pc more from federal divisible pool


June 11, 2022

ISLAMABAD: The provinces are set to receive 17 per cent more share from the federal divisible pool in the next financial year as the government has estimated to transfer Rs4.099 trillion to the four federating units as compared to Rs3.511tr last year. As usual, Punjab will get over 50pc of the share from the divisible pool, leaving behind the same …

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BUDGET 2022-23: Not entirely bad for stock market


June 11, 2022

KARACHI: The proposed budget for 2022-23 isn’t half as bad as the stock market players expected. The “dreaded forecasts” based on the chronic fear of the International Monetary Fund–imposed harsh pre-conditions proved wrong by and large on Friday. “My initial impression is that the budget is neutral for the stock market. The mix of measures introduced isn’t entirely positive or …

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Additional duties, taxes to stall telecom growth


June 11, 2022

ISLAMABAD: The new budget has imposed several duties and taxes on the telecom sector, which is likely to restrict several development projects related to the growth of telephony, internet services, and mobile set manufacturing in the country. The federal budget, which was unveiled here on Friday, raised the regulatory duty (RD) on optical fibre cable imports from 10 per cent …

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Record $28.4bn remittances


June 11, 2022

KARACHI: Pakistan received a record over $28 billion in remittances during the first 11 months of the outgoing fiscal year, showing an increase of 6.3 per cent over the same period last year. However, the inflow in May was much lower than in April while it was even less than the remittances sent in May 2021. The overseas Pakistanis remitted …

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