KARACHI: The stock market remained directionless on the last day of the year 2019 with the KSE-100 index closing down by 152.55 points (0.37 per cent) at 40,735.08 after trading in a narrow band between the intraday high and low of 110 and 119 points. The market mimicked the performance of a day earlier, moving at a slow pace and …

ISLAMABAD: The government on Tuesday increased fuel prices for January, raising the petrol price to Rs116.60 per litre with the increase of Rs2.61, while app­roving the recommendations made by the Oil and Gas Regulatory Authority (Ogra). A notification issued by the finance ministry says that the new rate for the most widely used fuel consumed in large vehicle engines and …

ISLAMABAD: The Federal Board of Revenue (FBR) missed revised revenue collection target for the first half year of current fiscal year by a wide margin of Rs287 billion against the target of Rs2.367 trillion despite several measures and double-digit consumer inflation. The FBR has collected Rs2.080tr during the first half year as against the target of Rs2.367tr projected for the …

Stocks began the new year in the green, with the benchmark KSE-100 index up 442 points, a 1.09 per cent increase, to reach 41,117 points at midday. However, the market has since shed some of its gains as it continues its directionless trend from the previous day. At around 2pm on Wednesday, the benchmark index stood at 41,089 points – …

The Pakistan Cricket Board (PCB) has decided to withdraw teen pace sensation Naseem Shah from next month’s U19 Cricket World Cup to be played in South Africa from January 17 to February 9. The National Junior Selector Committee, which is headed by Saleem Jaffar, has named Khyber Pakhtunkhwa’s Mohammad Wasim Junior as Shah’s replacement. Wasim Junior took three wickets each …

IF anything the year gone by can be portrayed as a mixed bag of everything for Pakistan cricket. While their lack of wins on the Test fields of South Africa and Australia yet again endured painful memories, the huge disappointment was failure to make the knockout phase of the ICC 50-over World Cup in the summer. But as 2019 neared …

LONDON: England will be ‘cautiously’ backing a proposal to make four-day Tests mandatory from 2023 under the World Test Championship, joining a growing push to shorten the game’s longest format. The International Cricket Council (ICC) cricket committee is set to discuss the issue next year as the game looks for ways to free up a crammed international calendar and reduce …

LAHORE: The year 2019 was a prolific one for batting sensation Babar Azam who stamped his authority on the international circuit across the three formats with some scintillating display of stroke-play that left fans in awe across the cricketing world. Be it the bouncy tracks of South Africa and Australia, the high-octane ICC World Cup 2019 matches, Twenty20 Inter­nationals or …

PAKISTAN snooker witnessed two contrasting scenarios in a span of almost one year — from Dec 2018 to Nov 2019. Celebrated cueist Mohammad Asif, who was a persona non grata and barred to travel with the Pakistan team to Egyptian city of Marsa Alam to compete in World 6-Reds and Team Event by the Pakistan Billiards and Snooker Federation (PBSF), …

LAHORE: Becoming the first ever batsman to score a century, both on One-day International and Test debuts, was not enough for Pakistan opener Abid Ali to be recognised by the team’s head coach-cum-chief selector Misbah-ul-Haq in his year-ender statement issued by the Pakistan Cricket Board (PCB) on Tuesday. Abid, after toiling hard and performing consistently in the domestic cricket circuit …