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Daily Archives: January 14, 2024

Australia outmuscle India at Asian Cup


January 14, 2024

DOHA: Graham Arnold warned his Australia team that they must be better despite launching their Asian Cup title charge with an ultimately comfortable 2-0 win over India on Saturday. In front of a vocal pro-Indian crowd of 36,253 at the Ahmad bin Ali Stadium in Doha, Australia made hard work of the first half, squandering a few decent chances while …

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Sri Lanka need to improve fielding for T20 World Cup, says Hasaranga


January 14, 2024

COLOMBO: Sri Lanka need to lift their game on fielding to have a shot at this year’s T20 World Cup title, newly installed short-format captain Wanindu Hasaranga said on Saturday. Hasaranga is riding high after a career-best 7-19 against Zimbabwe during Thursday’s ODI decider and will be making his debut as skipper on Sunday as the 20-over leg of the …

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Djokovic primed for more success in new era at Australian Open


January 14, 2024

MELBOURNE: Novak Djokovic begins his Australian Open title defence against qualifier Dino Prizmic when the expanded Grand Slam kicks off on Sunday with few betting against him adding a record-extending 11th crown to his trophy cabinet in just over two weeks’ time. The world number one also enters the tournament as the last of the ‘Big Three’ still standing, following …

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Pakistan look to bounce back in Hamilton


January 14, 2024

HAMILTON: Pakistan seek to make a comeback when they face New Zealand in the second Twenty20 International of a five-match series here at the Seddon Park on Saturday. After losing a high-scoring series opener by 46 runs in Auckland on Friday, the Shaheen Shah Afridi-led tourists will look to improve their record in Hamilton where they are yet to claim …

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New Zealand beat Pakistan by 21 runs to take control of T20 series


January 14, 2024

Pace bowler Adam Milne claimed four wickets as New Zealand beat Pakistan by 21 runs in the second Twenty20 international on Sunday to take a 2-0 series lead. The Green Shirts threw away a strong position in their run chase after Babar Azam and Fakhar Zaman scored half-centuries as they were dismissed for 173 in the final over, in response …

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Uncertainty dampens sales of election-related items


January 14, 2024

KARACHI: With the general elections just 24 days away, the sale of campaign-related items, such as panaflex, cloth banners, buntings, caps, and badges, has remained dull owing to the looming uncertainty regarding whether the polls will be held on the announced date, manufacturers said. They said, perhaps, the political parties and even the people are also uncertain about the February …

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Volatile period for exchange rate: experts


January 14, 2024

KARACHI: The election period is challenging for the government to maintain the exchange rate since the political uncertainty would cast its shadow over it, said financial experts. “Pakistan has somewhat salvaged the cash flow crises, courtesy of IMF’s fresh tranche, but navigating around the election period will prove to be a challenge,” said Tresmark CEO Faisal Mamsa. There are lots …

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Amendments proposed to NBFC regulations


January 14, 2024

ISLAMABAD: To ensure a more conducive regulatory framework, the Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to the Non-Banking Finance Companies (Establishment & Regulations) Rules 2003 to solicit public feedback. The proposed changes are based on a comprehensive review of the regulations, considering the advancements in the NBFC ecosystem and the effectiveness of mandatory approval requirements. The …

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Political turmoil mars economic positivity on PSX


January 14, 2024

KARACHI: Growing uncertainties amid renewed calls by lawmakers seeking a delay in general elections kept fuelling investor nervousness and overshadowed positive developments on the economic front in the outgoing week. However, the equities managed modest gains to close the second consecutive week of the new year on a positive note. After adopting a resolution by a thinly-attended Senate session on Jan 5 …

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