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Asif Khanzada

Bowlers shine as Pakistan restrict Sri Lanka on 102/6 in the first innings


May 26, 2022

KARACHI: Pakistan women’s team’s bowlers displayed combined bowling effort as the side restricted the Sri Lanka women’s cricket team on 102/6 in the first innings of the second T20I, here at Southend Club Cricket Stadium. Pakistan bowlers displayed brilliance with the ball as Sri Lanka could only manage to post 102/6 in the allotted 20 overs in the first innings …

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‘The hospitality was second to none’ Warner recalls historic Pakistan tour


May 26, 2022

MELBOURNE: The left-handed Australian opener David Warner opened up about his experience of the historic Pakistan tour and praised the hospitality of the nation. Warner recalled his visit to Pakistan for the Australia cricket team’s historic tour to the country after a 24-year gap on a Fox Cricket programme, describing the hospitality as “second to none.” “The hospitality was second to none …

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Govt reduces urea price to Rs1,769 per bag


May 26, 2022

KARACHI: The government has reduced the urea prices to Rs1,769 per 50 kg bag from the existing Rs1,900-2,000 till July 7. Provinces and federal agencies are allowed to add an allowance to the notified prices for extra transportation costs in remote or distant areas as per the notification. Sunny Kumar of Topline Securities said the concerned producers, dealers or importers are …

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Pakistan, France agree to strengthen trade ties


May 26, 2022

ISLAMABAD: Pakistan and France agreed on Wednesday to strengthen and diversify bilateral trade and economic ties in the coming years. The understanding was reached during the meeting of Pakistan Commerce Minister Naveed Qamar with France’s Minister for Foreign Trade and Attractiveness, Franck Riester. Pakistan Charge d’Affaires Amjad Aziz Qazi was also present during the meeting. In the wake of the …

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Pakistan, IMF can’t reach deal on economic bailout


May 26, 2022

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) failed on Wednesday to reach an agreement on an economic bailout mainly because of the government’s indecision on fuel and electricity subsidies and resultant next year’s budget uncertainties. Informed sources said that in the absence of a decision on fuel and electricity subsidies, it was unclear how the overall fiscal and external …

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Dollar climbs to Rs202.40 in interbank trade after IMF Doha talks bear no fruit


May 26, 2022

The rupee continued to lose ground against the US dollar on Thursday and depreciated by 50 paisa in the interbank market as talks between the government and the International Monetary Fund (IMF) remain inconclusive. According to the Forex Association of Pakistan (FAP), the dollar was trading at Rs202.40 at around 1:30pm after appreciating against Wednesday’s close of Rs201.90, according to …

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India caps sugar exports to check domestic prices


May 26, 2022

MUMBAI: India has imposed restrictions on sugar exports for the first time in six years by capping this season’s exports at 10 million tonnes, a government order said on Wednesday, to prevent a surge in domestic prices after mills sold a record volume on the world market. The government also asked exporters to seek its permission for any overseas shipments …

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Abbott apologises for baby formula shortage in US


May 26, 2022

WASHINGTON: A top Abbott official apologised on Wednesday to US families affected by the baby formula shortage, telling them the manufacturer of the essential supply “let you down”. “We are deeply sorry and are committed to making sure that a shortage like this never happens again,” said Christopher Calamari, the senior vice president of nutrition, in prepared testimony for a …

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US negotiator terms Iran deal ‘tenuous’, warns of Plan B


May 26, 2022

WASHINGTON: The US point man on Iran warned on Wednesday of uncertain prospects for reviving a nuclear deal and said Tehran would face a new pressure campaign if it clung to its demands. Rob Malley, who has led more than a year of indirect talks with Iran in Vienna, nonetheless told Congress that President Joe Biden’s administration still supported the …

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Israel, Turkey looking to expand economic partnership


May 26, 2022

JERUSALEM: Turkish and Israeli foreign ministers said on Wednesday their countries were hoping to expand economic ties as they seek an end to more than a decade of strained relations. Turkish Foreign Minister Mevlut Cavusoglu is on the second-day of a two-day trip to Israel and the Palestinian territories, the first such visit by a senior Turkish official in 15 …

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