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Daily Archives: June 15, 2024

Houston Hosts Key Business Meeting with Pakistani Trade Delegation: HKSC and GHP Discuss Trade Relations, Sialkot Companies Participate


June 15, 2024

By: Raja Zahid A Khanzada Houston: The Greater Houston Partnership (GHP), in collaboration with the Houston-Karachi Sister City Association (HKSCA), hosted a business luncheon meeting with a Pakistani trade delegation consisting of 11 significant companies from Sialkot, Pakistan. This event was sponsored by the Trade Development Authority of Pakistan and held at the Partnership Tower in Houston. Vice President of …

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Pakistan’s T20 World Cup hopes washed out as rain cancels US, Ireland match


June 15, 2024

Pakistan were eliminated from the T20 World Cup on Friday after the match between the United States and Ireland was washed out. The match was delayed by over three hours as ground staff battled to remove standing water in the outfield. South Florida has suffered heavy rain and flooding and the game on Tuesday at Lauderhill between Sri Lanka and …

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Hummels leaves Dortmund, Sahin named head coach


June 15, 2024

BERLIN: Central defe­nder Mats Hummels will leave Borussia Dortmund immediately, the Bund­esliga club said on Friday, ending a partnership that stretched back to 2008 with a three-year spell at Bayern Munich. Only hours later, Dort­mund announced assistant coach Nuri Sahin as their new head coach, replacing Edin Terzic who left the Champions Lea­gue finalists on Thursday. Sahin, a German-born former …

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Palestinian swimmer hopes to lift spirits of Gazans at Paris


June 15, 2024

DUBAI: Palestinian swimmer Yazan Al Bawwab, who is training for the 2024 Olympic Games, has a mission. He wants to represent Palestinians suffering from Israel’s bombardment of Gaza by making a splash on the international stage. These Olympics, which kick off in Paris on July 26, are perhaps more important than the last games in 2021 when Bawwab competed in …

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Wood says Hazlewood’s remarks ‘sign of respect’


June 15, 2024

NORTH SOUND: England fast bowler Mark Wood believes Australia will play “hard and fair” in their T20 World Cup clash against Scotland in a game which could lead to the defending champions’ elimination. Australian quick Josh Hazlewood caused a stir when he said “it’s in our best interest” to see bitter rivals England suffer a first round exit. He even …

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BUDGET 2024-25: Power, defence and election expenses overshoot allocations


June 15, 2024

ISLAMABAD: At least 38 government departments exceeded the amounts allocated to them during the fiscal year 2023-24, receiving additional funds through supplementary and technical grants, details of current expenditure released by the Finance Division for the outgoing fiscal year show. Apart from debt servicing (both local and foreign), the Power Division was the biggest spender, utilising Rs769.7 billion against an allocation …

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Budget shows ‘irreversible damage’ being caused to Pakistan: PTI


June 15, 2024

ISLAMABAD: The Pakistan Tehreek-i-Insaf (PTI) alleged on Friday that the incumbent government was causing irreversible damage to the country, citing the recently announced budget as evidence. Leader of the Opposition in the National Assembly Omar Ayub made these remarks during a press conference in Islamabad. He was flanked by PTI leader Raoof Hasan. Ayub claimed that complete budget documents were not presented …

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PM Shehbaz relieves finance minister from key economic forum


June 15, 2024

ISLAMABAD: In a rare but apparent downgrade, Prime Minister Shehbaz Sharif will personally head the Executive Committee of the National Economic Council (Ecnec), instead of Finance Minister Muhammad Aurangzeb, as he notified the newly formed eight-member centre-provincial forum. This marks the first time in decades that a finance minister will not chair Ecnec, a subordinate committee of the constitutional forum traditionally led …

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Nepra hikes national power tariff by 20pc


June 15, 2024

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday announced an increase of almost 20 per cent in the uniform national tariff to ensure about Rs3.8 trillion in funding for the 10 ex-Wapda electricity distribution companies (Discos) during the fiscal year 2024-25. The Rs5.72 per unit increase, which will come into force from July 1 after formal notification by …

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