Pakistan refuses to accept IMF’s demand of increase tax rate

ISLAMABAD: According to sources, Pakistan refused to accept demands of an increase in tax rate and electricity prices by the International Monetary Fund (IMF) in the first round of talks for a financial bailout that ended today, Finance Minister Asad Umar said. Umar said that disagreements with the IMF continue on certain issues, which include an increase in electricity prices...

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PCB looses case to BCCI over damages sought for violating bilateral series contract

DUBAI: On Tuesday, the International Cricket Council’s Dispute Committee  dismissed the Pakistan Cricket Board’s (PCB) case against the Board of Control for Cricket in India (BCCI) over India’s refusal to play a bilateral cricket series. “The Dispute Panel formed under the Terms of Reference of the ICC Disputes Resolutions Committee (DRC), the International Cricket Council (ICC) has announced the outcome...

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Five narrowest wins in Test cricket

ABU DHABI: New Zealand´s dramatic win over Pakistan in the first Test in Abu Dhabi on Monday was one of the most unpredictable and exciting in living memory as the fortunes of the two sides appeared to swing with every session. The winning margin of just four runs was also the fifth narrowest in the history of Test cricket which...

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Pakistan summons US Charge d’affaires, lodges protest over Trump’s statements

ISLAMABAD: On Tuesday,  the Foreign Office summoned the United States charge d'affaires in Pakistan to lodge a protest over the “unnecessary and baseless” allegations levelled against the country by US President Donald Trump. Foreign Secretary Tehmina Janjua handed a letter of protest to Ambassador Paul Jones when he arrived at the Foreign Office. The letter  states, “No other country has sacrificed...

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