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Monthly Archives: June 2024

Berrington ‘frustrated’ after rain ruins chance of upset victory


June 6, 2024

BRIDGETOWN (Barbados): Scotland captain Richie Berrington said that his side were frustrated at missing out on an opportunity to beat England after their opening T20 World Cup fixture was washed out on Tuesday. Scotland openers George Munsey and Michael Jones gave England a fright before rain spared the defending champions a potentially tough chase. They batted superbly to take Scotland …

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India-Pakistan showdown in NY thrills Shahid Afridi


June 6, 2024

NEW YORK: Former Pakistan all-rounder Shahid Afridi is thrilled at the prospect of an India-Pakistan showdown in New York during this edition of the T20 World Cup. Comparing it to the famous Super Bowl, Afridi said that America’s cricket-loving crowd will witness the ‘greatest cricketing rivalry’ at the Nassau County International Cricket Stadium. “For those Americans discovering the tournament, they …

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Sharma plays down injury scare after India rout Ireland


June 6, 2024

NEW YORK: Indian captain Rohit Sharma allayed fears about an injury after making 52 before retiring hurt as his side thrashed Ireland by eight wickets in the teams’ T20 World Cup opener in New York on Wednesday. India only required 97 to win after a dominant display by their attack, with left-arm quick Arshdeep Singh striking twice in the third …

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Premier League charges ‘frustrating’, says Manchester City chairman


June 6, 2024

LONDON: Manchester City chairman Khaldoon Al Mubarak has admitted it is “frustrating” that the club’s success is constantly tempered by reminders of the 115 Premier League charges against them. City are facing charges for alleged breaches of regulations and financial rules between 2009 and 2023 — charges they strongly deny. Khaldoon said it was “frustrating” to hear repeated references to the charges …

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Babar confident as Pakistan open title bid


June 6, 2024

DALLAS: Captain Babar Azam on Wednesday said Pakistan held an edge over other teams in unfamiliar conditions in the United States for the ongoing ICC T20 World Cup, underlining that some of the current team members had already played cricket in the US. “[All-rounders] Imad Wasim, Shadab Khan and [fast bowler] Haris Rauf have featured in [league] cricket in the …

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T20 World Cup: India coach says batters have the tools to solve New York pitch challenge


June 6, 2024

India’s batters have the skills and experience needed to navigate the challenge of playing on a tricky pitch in New York, batting coach Vikram Rathour said after their Twenty20 World Cup victory over Ireland on Wednesday. India captain Rohit Sharma led from the front with an impressive half-century to guide his team to an eight-wicket victory over Ireland in their opening group match. However, …

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PSX seeks rationalisation of high taxation


June 6, 2024

ISLAMABAD: The Pakistan Stock Exchange (PSX) and the Pakistan Stock Brokers Association (PSBA) have expressed concerns over high capital market taxation and demanded its rationalisation in their budget proposals. The PSX has said that the bourse has recently seen an upsurge in its performance and the market capitalisation has increased by almost Rs4 trillion in the outgoing fiscal year. Foreign inflows amounting …

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Power consumers will have to pay 14pc markup on instalments


June 6, 2024

ISLAMABAD: Braving the highest-ever electricity tariff, hapless consumers seeking instalments to pay heavy bills because of financial difficulties are now legally bound to pay a 14 per cent markup on delayed payments and will be disqualified from subsequent part-payment facilities for a year. This is in addition to a 10pc late payment surcharge (LPS) if a bill is not paid …

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Bank funding to three priority sectors discussed


June 6, 2024

LAHORE: State Bank of Pakistan (SBP) Gov­ernor Jameel Ahmed chaired the first Steering Committee meeting on Wednesday to implement priority sector initiatives recommended by the Pakistan Banks’ Association (PBA). The meeting focused on enhancing support from the banking industry in three key sectors: agriculture, small and medium enterprises (SMEs) and digital technology. The meeting followed an earlier discussion chaired by Finance Minister …

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32 MoUs signed with Chinese firms


June 6, 2024

ISLAMABAD: Pakistan and China have signed 32 memorandums of understanding (MoUs) to promote trade and investment between the two countries. The MoUs were signed during Prime Minister Shehbaz Sharif’s visit to China. He is leading a team of 100 businessmen to explore the potential for promoting bilateral trade and investment. An official announcement of the Commerce Ministry released on Wednesday said …

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