Prime Minister Imran Khan on Tuesday hailed the $99 million current account surplus posted in October — after a gap of more than four years — saying the country’s economy was finally heading in the right direction. “Pakistan economy finally heading in right direction as more of our economic reforms bear fruit: Pak’s current account turned into surplus in Oct 2019, for …

KARACHI: The foreign direct investment (FDI) in the first four months of current fiscal year jumped by 238 per cent to $650 million from $192m during the same period last fiscal year, reported the State Bank of Pakistan (SBP) on Monday. The government is struggling to increase foreign investment in the country but the size of inflows continues to remain …

WASHINGTON: The United States on Monday granted another 90 days for companies to cease doing business with China´s telecoms giant Huawei, saying the move would allow service providers to continue to offer coverage in rural areas. President Donald Trump in May effectively barred Huawei from American communications networks after Washington found the company had violated US sanctions on Iran and …

Pakistan’s scrabble champ Imad Ali on Tuesday won five out of the six titles in the World Junior Scrabble championship which was held in England town, Torquay. The 13-year-old became the youngest junior world champion and maintained his first position in all of the three days of the tournament. He won 17 matches out of the 20 he played. “I …

The Asian Football Confederation (AFC) has extended their support to the normalization committee of Pakistan Football Federation (PFF) following “fruitful discussions” between the officials of the federations. The two-member delegation of the PFF normalization committee — comprising of Chairman Hamza Khan and  Col (rtd) Mujahidullah Tareen — met with the secretary-general of AFC, Dato Windsor John and other officials in …

Fast bowler Usman Shinwari has revealed that his dream would be to dismiss Indian skipper Virat Kohli and in an international match. Speaking to media, Shinwari said that there are two players whom he would like to bowl out, namely Kohli and South Africa’s former  international cricketer AB de Villiers. “These two are legendary figures in cricket and known for …

England’s women hockey team Army on Wednesday arrived in Pakistan for a six-day tour, arranged by Pakistan Army Sports Directorate, in which they will play against several local and national teams. The guests had a practice session in Rawalpindi’s Army Hockey Stadium today. The team is scheduled to play against Pakistan’s women teams Army, WAPDA, Railway as well as the …

Pakistan’s Test off-spinner Bilal Asif said he did not modify his bowling method as the International Cricket Council (ICC) cleared him of any charges after match officials had reported him in 2015 in Chennai. Bilal Asif was reported for suspected illegal bowling action during Pakistan’s third ODI against Zimbabwe in Harare in 2015 after the off-spinner took 5-25. After being …

NEW DELHI: Indian police fought street battles in New Delhi on Monday with thousands of students who stepped up protests over fee increases at one of the country´s top universities. Police baton charged some groups of demonstrators and media reports said dozens of students from Jawaharlal Nehru University were detained. The university is one of India´s most prestigious and counts …

WASHINGTON: The United States announced Monday it will lift sanctions waivers on Iran´s Fordow nuclear plant, citing the resumption of enrichment activities at the site. “President (Hassan) Rouhani recently announced that Iran will begin uranium enrichment activities at the Fordow facility,” Secretary of State Mike Pompeo told a news conference. “Therefore the United States will terminate the sanctions waiver related …