CENTURION: Virat Kohli bruised from being fired as India’s One-day International captain bids to rebound by leading his country to an historic triumph in South Africa in a three-match Test series which starts at the SuperSport Park in Centurion on Sunday. South Africa is the only regular Test-playing nation where India have yet to win a series. “We have worked …

KARACHI: It was only the second over and defending champions Khyber Pakhtunkhwa were reeling in the Quaid-e-Azam Trophy final. Northern pacer Waqas Ahmed was getting early afternoon swing at the National Stadium on Saturday and uprooted Fakhar Zaman’s off-stump with a delivery that swung back into the left-hander. The very next ball, Sahibzada Farhan was trapped lbw with a delivery …

LAHORE: Fast bowler Zeeshan Zemeer’s five-wicket haul backed by a fine 81-run knock by Mohammad Shehzad steered Pakistan to a nail-biting two-wicket victory over arch-rivals India in their group ‘A’ match of the U-19 Asia Cup in Dubai on Saturday. Chasing 238 for victory, Pakistan achieved their target off the very last ball when Ahmed Khan drove Indian pacer Ravi …

Sports in Pakistan had been in a state of disrepair for years but it showed more than a few signs of life in 2021 — and not just in cricket either. During the outgoing year, national athletes did not make too many additions to the trophy cabinet but they came quite close and certainly did better than what was expected …

HONG KONG: China’s plan to tighten scrutiny over mainland companies’ overseas share sales is likely to ease the regulatory uncertainty that roiled financial markets this year and stalled offshore listings, bankers and analysts said. But the securities regulator’s new filing-based system, designed to rein in once freewheeling Chinese listings in the US market and elsewhere, leaves open questions about rule …

LAHORE: Following grave concerns expressed by the Boards of Directors (BoDs) and fearing resistance during a scheduled meeting, the Ministry of Energy (Power Division) has delayed signing of agreements among the Power Planning and Monitoring Company (PPMC), all power distribution and generation companies (Discos and Gencos) and the National Transmission and Despatch Company (NTDC). The Power Division also started reviewing …

KARACHI: Producers have warned that the flooding of cheap smuggled Iranian cooking oil is not only affecting the market share of the local edible oil industry but also causing revenue losses to the exchequer. A number of market players or middlemen, using social media platforms, have been offering Iranian cooking oil and canola oil at Rs240-325 per litre saying “the …

ISLAMABAD: Pakistan’s top tax machinery has almost finalised a comprehensive strategy for broadening tax base that may be put into motion along with a documentation drive in January, Dawn has learnt from knowledgeable sources. The Federal Board of Revenue (FBR) has collected information about 7.2 million individuals from various sources — banks, utility organisations, and excise and taxation departments — and shared …

KARACHI: The Pakistan Stock Exchange (PSX) is determined to promote retail trade in the debt securities market through its platform in 2022, PSX CEO Farrukh H. Khan said. Speaking to Dawn in a recent interview, the head of the country’s only bourse said the PSX has brought on board 12 banks as market-makers to ensure retail investors have easy access to the …

WASHINGTON: Three general licences issued by the US Treasury this week allow US government officials and international agencies to conduct “official business” with the Taliban and Haqqani Network. An official statement issued by the Treasury’s Office of Foreign Assets Control (OFAC) explains how this “official business” can be conducted. “General Licence 17 authorises all transactions and activities involving the Taliban …