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Simon Taufel points out grave error in giving extra run to England against NZ in WC final

Five-time ICC umpire of the year award-winning Australian umpire Simon Taufel has pointed out a grave error for awarding six runs to England instead of five in the final of World Cup 2019. Taufel, who is currently a part of the MCC’s laws sub-committee that makes the rules governing cricket, told an Australian based news channel that England should have...

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SBP releases notification related to assets declaration scheme

KARACHI: The State Bank of Pakistan (SBP) issued a notification on Sunday related to the assets declaration scheme which said the repatriation of foreign assets can be done through conversion of 10 currencies into Pakistani rupee. A taxpayer should declare the value of their assets outside Pakistan on the Federal Board of Revenue (FBR) web portal in respective currency, said...

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Grieving Asif Ali rejoins Pakistan squad after daughter’s funeral

Grieving Pakistan cricketer Asif Ali on Saturday left for England to join up with his country's World Cup squad following the funeral of his daughter, who he said will continue to be his strength and inspiration. Asif left the team's tour of England and returned to Pakistan following the death last Sunday of 19-month-old Dua Fatima, who had been receiving...

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Pakistan Stock Exchange register highest weekly gain in a decade following record losses

KARACHI: The weekly update of the index of the Pakistan Stock Exchange stated that stocks gained 2,537 points during the outgoing week, recovering by 7.5% since fluctuations in the exchange rate and economic uncertainty wreaked havoc in the financial markets. The benchmark KSE-100 index closed the outgoing week at 35,703 points, gaining Rs 400 billion in share values and market...

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ICC warns off ‘corruptors’ from Cricket World Cup

The head of the International Cricket Council's (ICC) anti-corruption unit said on Friday he had been in direct contact with around 12 “corruptors” to warn them off the World Cup. Match fixing or spot fixing, where gamblers try to influence specific incidents in a game, remains one of the biggest problems facing cricket, particularly in countries such as India, the...

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IMF confirms over the staff level agreement with Islamabad

The International Monetary Fund confirmed reaching a staff level agreement with Pakistan, which is a $6-billion three-year extended Fund facility to support Pakistan’s economic reforms. According to IMF’s communication department official Gerry Rice, the programme is aimed at reducing public debt, and helping Pakistan get back on the path to sustainable and more inclusive growth. “We hope that the program...

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Farishta Case: As a society we have hit a new low

Men are made to behave like a civilized person. There is a very thin line between humanity and savagery. If crossed, a human is deemed to be called a beast. Hands are shaking, words don't suffice what I am going to write. Farishta, a ten years old girl was allegedly abducted and killed after being raped. She went out to...

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Armed security personnel to be deployed at Indo-Pak World Cup match

British authorities have decided to deploy armed security personnel for the ICC Men's Cricket World Cup clash between Pakistan and India, in Manchester, UK, British media reported. Pakistan and India are set to face off at Old Trafford Ground in Manchester on June 16 in the forthcoming World Cup 2019, for which immense enthusiasm prevails among fans of both the...

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Bullish Activity: Pakistan Stock Exchange gains over 1,100 points

KARACHI: On Wednesday the Pakistan Stock Exchange showed a bullish trend with the benchmark KSE-100 Shares index gaining 1195.04 points. The current index stood at 34,637.14 with a 3.45 per cent change since trading opened. Bullish activity was also witnessed at the stock market a day earlier with the KSE-100 gaining 191.56 points. The Pakistan stock market has performed well...

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Iconic Amjad Sabri’s third death anniversary being observed today

KARACHI: The 3nd death anniversary of eminent Qawwal Amjad Sabri is being observed today, 16th Ramazan, 2019. Sabri, 40, and an associate were travelling in a car in Liaquatabad 10 area, when unidentified gunmen fired at their vehicle, critically injuring him. The two were shifted to Abbasi Shaheed hospital immediately, where Sabri succumbed to his injuries. Both front side windows...

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Dollar surge non-stop, being traded at Rs 153 in open market

KARACHI: The dollar surge is not coming to halt, as the greenback hit a new low at the start of a trading day on Tuesday. In open market, the dollar was traded at the price of Rs 153, however the actual price in interbank market of US dollars was 151 rupees. The latest increase in Dollars price reaches to 9.60...

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Monetary Policy: SBP increases interest rate by 12.25 per cent

KARACHI: The State Bank of Pakistan announced the monetary policy on Monday increasing the interest rate by 12.25 per cent. The interest rate was increased 150 basis points and previously stood at 10.75 per cent. SBP said the current account deficit between July-March 2019 was decreased by 29 per cent. The current account deficit of first nine months of the...

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Pakistan Stock Exchange misery enhances as bench mark index falls by 800 points

Ahead of the State Bank's Monetary Policy, the benchmark index fell nearly 800 points by 11am on Monday to reach 32,408 ─ roughly the lowest in three years. Moreover, the rupee-dollar exchange rate in the interbank market rose by a single rupee to Rs149.25. The index has been suffering heavy losses since the start of last week, when investors were...

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Humans have become a robot immune from empathy in Technological era

By: |Muhammad Tabish| In a world that is globally connected through the internet and its vast social media platforms, it is truly remarkable to find a group of people just talking, with their phones in their pockets or either on the table. Even then, there will always exist a chance when someone might pick up their phone to answer a...

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PayPal not extending its market to Pakistan

KARACHI: Pakistan’s freelancer community, which is said to be the fourth largest in the world, has expressed disappointment over reports of PayPal not extending its services to the country. PayPal operates a worldwide online payment system that supports online money transfers refused to introduce its services in the country. The company operates in 190 markets across the world. There has...

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In first for Asia: Taiwan legalises same-sex marriage

TAIPEI: Taiwan became the first place in Asia to legalise same-sex marriage on Friday, as thousands of demonstrators outside parliament cheered and waved rainbow flags, despite deep divisions over marriage equality. Lawmakers of the majority Democratic Progressive Party (DPP) backed the bill, which passed 66 to 27, although the measure could complicate President Tsai Ing-wen's bid to win a second...

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Pakistani painter Jamil Naqsh passes away in London

Iconic Pakistani painter Jamil Naqsh passed away in London on Thursday after contracting "serious pneumonia" earlier this month. Naqsh, 79, who had been settled in London for the last 10 years, was admitted to St Mary's Hospital on May 7, where doctors did not appear optimistic about his chances of recovery. Jamil Naqsh is of a generation of artists such...

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