June 25, 2024
Daily Archives: June 25, 2024
Karachi heatwave: 1592 people admitted to Jinnah Hospital during last 24 hours
June 25, 2024
KARACHI: As many as 1,592 people were admitted to Jinnah Hospital during the past 24 hours due to a heatwave in Karachi, ARY News reported, quoting the hospital’s emergency ward in-charge. According to Dr Nosheen, 1,592 heat-affected people were moved to the hospital during the last 24 hours out of which 20 lost their lives during treatment, while 29 were …
Read More »PCB Chairman Naqvi approves promotion of ‘quality domestic’ cricket
June 25, 2024
Pakistan Cricket Board chairman Mohsin Naqvi on Monday approved the promotion of “quality domestic” cricket on all levels, calling for tournaments to be organised from the club level to the national level. A stunning super-over humiliation for the Green Team at the hands of the United States was followed by a six-run loss to bitter rivals India in a game where they failed …
Read More »Polarising Warner bows out with Australia World Cup exit
June 25, 2024
David Warner’s 15-year international career came to an anti-climactic end on Tuesday as Australia were dumped out of the T20 World Cup in excruciating fashion. Australia and Warner could only watch on powerless as Afghanistan instead reached the semi-finals by beating Bangladesh by a nail-biting eight runs. Australia’s fate had hung in the balance after India defeated them by 24 runs in …
Read More »T20 World Cup: Rohit-inspired India beat Australia to make semis
June 25, 2024
GROS ISLET: India marched into the T20 World Cup semi-finals on Monday after skipper Rohit Sharma’s blistering 92 set up their 24-run victory over Australia, who are now on the brink of elimination. Right-handed Rohit clobbered eight sixes in his 41-ball blitz to lay the foundation for India’s imposing total of 205-5, their highest score in the tournament, in Gros Islet, …
Read More »Afghanistan make history, beat Bangladesh to reach T20 World Cup semi-final
June 25, 2024
Afghanistan advanced to their first-ever T20 World Cup semi-final after completing a dramatic eight-run victory over Bangladesh in a rain-affected clash at the Arnos Vale Stadium in St Vincent on Monday. Defending a modest total of 115 for five on a bowler-friendly surface, Afghan captain Rashid Khan belied three rain stoppages, a slippery ball and a revised target of 114 …
Read More »KSE-100 index termed as Asia’s best performing market: report
June 25, 2024
Pakistan Stock Exchange’s benchmark KSE-100 index has been termed Asia’s best performing market, outperforming Asian peers with a 27 per cent surge in dollar terms this year. Bloomberg, in a report, said, “The case for more gains is strengthening on the back of one of the cheapest valuations in Asia and the budget laying the groundwork to secure a new …
Read More »Oil industry rejects budgetary measures
June 25, 2024
ISLAMABAD: Claiming that the proposed federal budget 2024-25 practically cancelled the recently announced policy for setting up new and upgrading existing refineries, the oil industry has asked the government to revive the existing taxation regime, including continuing customs duty on diesel and sales tax laws on all petroleum products. In a representation to the federal ministers for finance and petroleum, …
Read More »Govt asked to allow export of surplus wheat
June 25, 2024
KARACHI: As the outcome of the caretakers’ wheat import scandal is still pending, traders are now urging the government to allow export of wheat and its related products. Cereal Association of Pakistan (CAP) Chairman Muzammil Chappal claimed that the country has a surplus of 3.9 million tonnes of wheat, and the association has asked Prime Minister Shehbaz Sharif to allow …
Read More »Govt borrowing exceeds two-year combined figure
June 25, 2024
KARACHI: The government’s borrowings in the first 11 months of the outgoing fiscal year have exceeded the combined figure of the two preceding fiscal years. This huge borrowing from banks was made when the interest rate was unprecedentedly high, at 22 per cent, indicating the size of debt servicing will enormously increase and exceed the budget estimates for the upcoming …
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