November 22, 2024
Business

Dollar-to-rupee exchange rates have fallen for five sessions in a row

KARACHI: For the sixth session in a row, the Pakistani rupee appreciated versus the US dollar on Thursday during intraday day activity in the interbank market. In relation to the dollar, the rupee increased by 5.79 and closed at Rs. 223, down from Rs. 228.80 on Wednesday. The dollar dropped by 9.8 or 4.19 percent […]

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Sport

Nooh Dastagir Butt, a gold medallist in CWG 2022, receives accolades from Pakistan

KARACHI: Late on Wednesday, Pakistan had great delight. Nooh Dastagir Butt, a weightlifter from Pakistan, won the nation’s first gold medal at the current Commonwealth Games in Birmingham. Soon after the Gujranwala-hailed weightlifter claimed his record lift, Pakistanis flooded social media with congratulations for the 24-year-old athlete and showered him with admiration. Butt lifted a […]

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Business

Pakistan moves closer to the IMF programme, sending PSX soaring

KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) increased by about 900 points during Wednesday’s intraday trade as Islamabad fulfilled the final need to restart the International Monetary Fund’s (IMF) loan programme. By 1:10 p.m., the benchmark KSE-100 index had risen by 895.43 points to reach 41,087.04 points. It had started the […]

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Sport

PCB names Pakistan’s team for ODIs against the Netherlands and the 2022 Asia Cup

LAHORE: A 15-person team for the ACC T20 Asia Cup and a 16-person squad for the matches against the Netherlands in the ICC Men’s Cricket World Cup Super League were both released by the Pakistan Cricket Board (PCB) on Wednesday. While the ODI series against the Netherlands will take place from August 16–21, the Asia […]

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Business

For the fourth day in a row, the dollar is down against the rupee

KARACHI: As Pakistan’s import pressure decreased in July, the US dollar lost ground versus the rupee for the fourth session in a row during intraday activity on the interbank market. The dollar dropped Rs0.38 during Wednesday’s intraday session, trading at Rs238 to the rupee, down from 238.38 at Tuesday’s interbank close. The rupee, one of […]

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PAKISTAN

Pakistan announces nine fatalities as the COVID-19 positive rate approaches 4%

ISLAMABAD: According to the National Institute of Health’s (NIH) data, Pakistan has reported 806 new COVID-19 cases and nine deaths due to the coronavirus in the previous 24 hours. The institution’s data revealed that a total of 20,949 COVID-19 diagnostic tests were performed over the previous 24 hours, of which 806 samples returned positive results. […]

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Sport

Shajar’s exit from the 100-meter semifinals is devastating for Pakistan

BIRMINGHAM: Shajar Abbas’ personal best of fourth place in his heat wasn’t good enough. On Tuesday, the 22-year-old Pakistani sprinter was cruelly eliminated from the men’s 100-meter semifinal event at the Commonwealth Games. At the Alexander Stadium, Shajar ran in heat eight and finished in 10.38 seconds, trailing Jamaica’s Conroy Jones (10.28), Scotland’s Adam Thomas […]

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Sport

On August 28, Pakistan will play India in the Asia Cup

DUBAI: The schedule for the next Asia Cup 2022 has been released, and Pakistan-Group India’s A matchup is set for August 28 in Dubai. The competition will start on August 27 and conclude on September 11. As Sri Lanka previously declared, the Asia Cup would take place in the United Arab Emirates. The event was […]

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Sport

September will see England’s T20 visit of Pakistan

The Pakistan Cricket Board (PCB) announced on Tuesday that England will visit Pakistan in September for the first time in 17 years to play seven Twenty20 matches. In December, they will play three Test matches against the Men in Green. The following year, just after New Zealand cancelled their trip to the South Asian nation […]

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Business

The IMF plans a meeting as Pakistan completes its previous task after raising the oil tariff

The International Monetary Fund (IMF) said on Tuesday that Pakistan has fulfilled the final prerequisite for the combined seventh and eighth reviews. The IMF further stated that a board meeting is tentatively set for late August once enough financial assurances are secured. The most recent move was confirmed in a statement by Esther Perez Ruiz, […]

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