Beyond Today, Into Tomorrow
Karachi: Silver prices in Pakistan experienced a modest pullback today, with the chandi ka rate settling at Rs. 11,730 per tola—down roughly 2% from yesterday’s levels in line with international corrections. Despite the dip, silver remains significantly higher than earlier in the month, supported by strong underlying demand and its close tie to gold’s performance. Current…
Saim Ayub delivered a resounding all-round performance to help Pakistan open the T20I series on a winning note against Australia here at the Gaddafi Stadium on Thursday. Set stiff 169, Australia fell short of the target by 22 runs and could only muster 146-8 at the end of their 20 overs. Skipper Travis Head was…
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has expressed concern over the government’s move to aggressively recover super tax following the recent decision of the Federal Constitutional Court (FCC) upholding its legality. The chamber cautioned that demanding large tax payments in a single tranche would disrupt business operations and further strain the country’s…
ISLAMABAD: Amid the government’s narrative of returning to macroeconomic stability, the country’s textile exporters upped the ante against uncompetitive energy costs, high tax rates and challenging financial costs and demanded broad-based fiscal space to compete globally. A large delegation of the All Pakistan Textile Mills Association (Aptma) on Wednesday had an urgent meeting with a…
ISLAMABAD: Amid the alleged waste of public funds on managing imported wheat stocks since 2021-22, the Economic Coordination Committee (ECC) of the Cabinet on Wednesday decided to offload 800,000 tonnes of wheat — less than half of the total stock — and approved more than Rs66 billion in supplementary grants. The meeting of the ECC,…
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday challenged the Power Division’s circular debt report, calling it technical adjustments, accounting reclassifications, and changing goal posts without a material improvement in power sector efficiency. The apex trade body also alleged the parking of financial liabilities outside balance sheets, particularly in the…
ISLAMABAD: Pakistan and Sri Lanka on Wednesday established a Joint Working Group on IT and Digital Economy to collaborate in emerging technologies and digital transformation. During the 13th Session of the Joint Economic Commission (JEC) held in Colombo, both countries reaffirmed their commitment to strengthening bilateral economic relations further and expanding cooperation across multiple sectors….
Trade speculation surrounding Artemi Panarin continues to grow, with signs pointing toward the veteran player nearing the end of his tenure with the New York Rangers. According to Elliotte Friedman of Sportsnet, the Rangers are expected to hold Panarin out of the lineup for trade related reasons until the Olympic break begins on February 6…
Five players — including Pakistan’s T20I captain Salman Ali Agha — have been promoted to Platinum category LAHORE: The Pakistan Cricket Board (PCB) on Wednesday announced the category renewals of 89 local players for the 11th edition of the Pakistan Super League (PSL). Five players — including Pakistan’s T20I captain Salman Ali Agha, Sahibzada Farhan,…
“We notified them [of the travel burden] before the tournament started,” says Bashar KARACHI: The Bangladesh Cricket Board (BCB) on Wednesday slammed the International Cricket Council (ICC) over what it called an “unfair” schedule for the ongoing Men’s U19 World Cup, saying it hindered the national team’s performance and led to an early exit. The…
