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Daily Archives: May 6, 2024

Punjab CM launches program of home delivery of medicines


May 6, 2024

LAHORE: Punjab Chief Minister (CM) Maryam Nawaz Sharif inaugurated Free Medicines Delivery to patients of various diseases like TB, Hepatitis, and Cardiovascular across the province.   Addressing the ceremony in Lahore, CM Maryam Nawaz said that the program is part of the government’s efforts to provide quality healthcare facilities to the people. She said her government launched this landmark welfare project …

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Pakistan aims high as Saudi investors arrive


May 6, 2024

ISLAMABAD: A key Saudi delegation comprising dozens of investors has arrived in Islamabad on a three-day visit to explore investment opportunities, as Pakistan aims to court foreign investors to boost its exports in collaboration with Saudi companies. The delegation led by Saudi Deputy Investment Minister Ibrahim Almubarak was welcomed by Commerce Minister Jam Kamal and Petroleum Minister Musadik Malik at …

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Liverpool shatter Spurs’ top-four bid as Villa eye Champions League


May 6, 2024

LONDON: Liverpool shattered Tottenham Hotspur’s hopes of finishing in the Premier League’s top four with a 4-2 win that left Aston Villa on the brink of Champions League qualification despite their 1-0 defeat at Brighton & Hove Albion on Sunday. Needing a win at Anfield to close the gap on fourth-placed Villa, Tottenham slumped to a fourth successive loss to …

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Saim, Azam remain upbeat despite struggles


May 6, 2024

LAHORE: Saim Ayub and Azam Khan have been box office in franchise Twenty20 leagues over the past two years, but both big-hitters have failed to translate their potential on the international stage. They will be on the plane to Dublin along with the Pakistan squad for a three-match T20I series against Ireland and the following four-game tour to England. But …

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Pakistan hit four past South Korea to extend winning start


May 6, 2024

IPOH: Pakistan extended their impressive start at the Sultan Azlan Shah Cup, winning their second successive game by overwhelming South Korea in a dominant 4-0 victory on Sunday. A day after overcoming Malaysia 5-4 in the opener, Pakistan had four different scorers against Korea including last game’s hat-trick hero Sufyan Khan. Abdul Hanan Shahid opened the scoring with a solo effort …

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McLaren’s Norris wins Miami Grand Prix for first F1 win


May 6, 2024

McLaren’s Lando Norris capitalised on a bit of good fortune to win the Miami Grand Prix on Sunday, holding off Red Bull’s triple world champion Max Verstappen for his first Formula One victory. It was a long overdue triumph for the Briton who held the record for most podiums without a win — 15 — having finished runner-up an agonising …

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PSX’s benchmark KSE-100 index rises by 860 points on back of Saudi visit


May 6, 2024

The Pakistan Stock Exchange’s benchmark KSE-100 index rose by 860 points on Monday amid a visit by a Saudi investment delegation. According to the PSX website, the KSE-100 index gained 862.15 points, or 1.2 per cent, to close at 72,764.24 from the previous close of 71,902.09. The index has surged 73.4pc over the past year and is up 12.9pc year-to-date. …

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Provinces unlikely to deliver promised Rs600bn to Centre


May 6, 2024

ISLAMABAD: While the markup and dividend earnings of the federal government from the state-owned enterprises (SOEs) more than doubled in the first three quarters (July-March) of the current fiscal year, the provinces are unlikely to deliver the promised Rs600 billion cash surplus to the Centre if past trends are any indication. The government has collected about Rs227bn on account of …

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Wheat’s tricky procurement


May 6, 2024

The ongoing protests by farmers against the government’s wheat procurement policy have triggered a debate. Some question why the government persists with a controlled wheat marketing system despite its widespread recognition as a failure, particularly in supporting smallholders, who make up over 90 per cent of the total farmers. It is pertinent to mention that this large-scale procurement, often relying on unsustainable …

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