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Daily Archives: February 12, 2024

Maxwell blasts ton as Australia beat West Indies in second T20


February 12, 2024

ADELAIDE: Big-hitting Glenn Maxwell slammed a 50-ball century as Australia beat the West Indies by 34 runs in the second Twenty20 international to seal the series in Adelaide on Sunday. The 35-year-old was in ominous touch, blasting eight sixes and 12 fours in a blistering 120 not out from 55 deliveries. It propelled Australia to 241-4 and the visitors could …

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Kenyan marathon world record-holder Kelvin Kiptum killed in car crash


February 12, 2024

Tributes flowed on Monday for Kenyan running sensation Kelvin Kiptum after the marathon world record-holder was killed in a car crash at the age of 24 in his home country. The favourite for the Paris 2024 Summer Olympics was driving from Kaptagat to Eldoret in western Kenya around 11 pm on Sunday when his car rolled. Kiptum and his Rwandan …

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Bears dominate PSX as KSE-100 index loses 1,800 points over political uncertainty


February 12, 2024

The Pakistan Stock Exchange (PSX) on Monday was dominated by bears that dragged its benchmark KSE-100 index down by 1,800 points, with analysts attributing the losses to “political uncertainty”. The KSE-100 index closed at -1878.43, or -2.98 per cent, to stand at 61,065.31 from the previous close of 62,943.74 points. The highest point today was noted to be around 9:40am …

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Rybakina cruises past Kasatkina to claim Abu Dhabi title


February 12, 2024

ABU DHABI: Top seed Elena Rybakina powered to a 6-1, 6-4 win over Russian Daria Kasatkina in the final of the Abu Dhabi Open on Sunday to lift her second trophy of the season and seventh overall. The 2022 Wimbledon champion began the contest on Stadium Court in typically dominant fashion to grab an early break, but seventh seed Kasatkina …

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Sri Lanka thrash Afghanistan to secure 2-0 series win


February 12, 2024

KANDY: Sri Lanka secured a convincing 155 run win over Afghanistan in the second One-day International on Sunday, taking an unassailable 2-0 lead in the three-match series. Afghanistan, set a target of 309 to level the series, were shot out for 153 inside 34 overs as leg-spinner Wanindu Hasaranga starred with four wickets. Afghanistan were well placed at 128 for …

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Australia outplay India to clinch fourth U-19 World Cup title


February 12, 2024

BENONI: Australia clinched their fourth Under-19 World Cup title with a dominant 79-run victory over India at the Willowmoore Park on Sunday. Opting to bat first, Australia set a challenging target of 253-7. India, tasked with the highest chase in tournament’s final history, struggled, managing only 174. Mahli Beardman (3/15) and Raf MacMillan (3/43) led Australia’s bowling attack, dismantling India’s …

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A tightrope of fiscal balancing


February 12, 2024

Presently, Pakistan’s economy is grappling with the formidable challenge of achieving fiscal sustainability. During FY23, the government generated a total revenue of Rs9.64 trillion, equivalent to 11.4 per cent of GDP. In contrast, its consolidated expenditure soared to Rs16.2tr, accounting for 19.1pc of GDP, resulting in a substantial fiscal deficit of Rs6.5tr, or 7.7pc of GDP. Notably, a significant portion …

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President Alvi blocks move to neutralise Irsa’s powers


February 12, 2024

ISLAMABAD: President Arif Alvi has blocked promulgation of an ordinance, moved by the caretaker government just before the end of its term that apparently sought to neutralise the powers of the Indus River System Authority (Irsa) bypassing the Council of Common Interests (CCI). Informed sources said the president rejected the proposed amendments to the 1991 Irsa Act on the grounds …

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