ISLAMABAD: The Fina­n­cial Action Task Force is set to give Pakistan another four months (until June 2020) to achieve full compliance with its 27-point action plan and secure exit from the FATF grey list. Informed sources told Dawn from Paris that Pakistan’s progressive performance vis-à-vis the action plan had been appreciated at the working group meetings, but all the members, barring a …

KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Thursday said the worst phase of economic stabilisation is now over and the country’s business sector has a bright future ahead of them. He made these remarks during his keynote address at the “CEO Summit Asia 2020” organised by the CEO Club Pakistan and Management House at a local …

ISLAMABAD: The federal cabinet on Thursday decided to keep gas and electricity prices unchanged for the next four months [till the announcement of next fiscal budget] and tasked the ministries concerned with reducing taxes on utility bills to provide some relief to the inflation-hit people. The prime minister, while presiding over a meeting of the cabinet, directed the Utility Stores …

KARACHI: Pakistan Cricket Board’s revamped cricket committee wants a tournament for departments in the next domestic season. “The committee, headed by former Test spinner Iqbal Qasim, in its first meeting held here on Thursday, recommended the Pakistan Cricket Board should explore a window in the 2020-21 domestic cricket to slot in a tournament for the departments,” a PCB press release …

  KARACHI: The opening fixture of the fifth HBL Pakistan Super League on Thursday had everything to entertain a rather disappointing crowd at the National Stadium after a lackluster music show. The night finally culminated in a blaze of fireworks on the back of a remarkable knock by Azam Khan as Quetta Gladiators launched their defence of the title with …

KARACHI: Just two victories in 10 matches brand Karachi Kings absolute underdogs against the powerful Peshawar Zalmi in their HBL Pakistan Super League 2020 encounter set to be held at the National Stadium on Friday. The first of eight all-day fixtures may sound mismatch on paper but make no mistake, Karachi Kings are far from being mediocre unit. A side …

PARIS: Roger Federer has undergone surgery to resolve a longstanding knee problem and said Thursday he would be out of action until after the French Open while his rivals backed the 38-year-old to return as strong as ever. The 20-times Grand Slam winner revealed on his Facebook account that he underwent surgery in Switzerland on Wednesday and would miss a …

Azam Khan turned out to be a hero for defending champions Quetta Gladiators as they started their quest for a second successive title with a smashing three-wicket win over Islamabad United in their opening match of HBL Pakistan Super League here at the National Stadium on Thursday night. Lavishing praise on the 21-year-old rookie cricketer, Pakistani showbiz star Bilal Ashraf …

LAHORE: All is set here for the second match of the 5th HBL Pakistan Super League (PSL) 2020 and the first to be played at the Gaddafi Stadium between Lahore Qalandars and Multan Sultans on Friday night. Both Multan Sultans and Lahore Qalandars had finished at the last two positions of 5th and 6th in the last edition of the …

Karachi Kings are 40-1 at the end of five overs in their match against Peshawar Zalmi in the second Pakistan Super League 2020 fixture at the National Stadium, Karachi. Earlier, Peshawar Zalmi won the toss and decided to bowl first against Karachi Kings. Speaking about his decision, Zalmi’s captain Darren Sammy said that their goal would be to restrict the …