KARACHI: The State Bank of Pakistan (SBP) on Monday kept its benchmark policy rate unchanged at 11.5%, citing persistent inflationary pressures, uncertainty stemming from the US-Iran war and a broadly unchanged macroeconomic outlook. The decision was announced after a meeting of the Monetary Policy Committee (MPC), which noted that although global oil prices had eased…
The possibility of Babar Azam returning as T20 captain has been ruled out. Photo: PCB KARACHI: The possibility of Babar Azam returning as T20 captain has been ruled out. According to board sources, no such proposal is currently under discussion, and the focus remains on giving opportunities to new talent in modern cricket. According to…
Rick Adelman speaks during the 2023 Chuck Daly Lifetime Achievement Award press conference prior to Game Two of the 2023 NBA Finals between he Miami Heat and the Denver Nuggets. Photo: AFP LOS ANGELES: Hall of Fame coach Rick Adelman, who led the Portland Trail Blazers to two unsuccessful NBA Finals appearances during a 29-year…
Says there will be no additional cost for students while results release date of August 11 will remain unchanged Cambridge International Education (CIE) on Thursday announced the cancellation of the AS Level Mathematics (9709/12) exam for students in administrative zones 3 and 4, following the leak of the question paper. The leak, which breached examination…
Coco Gauff marched into the quarter-finals of the Stuttgart Open with straight-sets victory. PHOTO: REUTERS/FILE MADRID: Coco Gauff became the latest victim of the stomach virus that has been sweeping through the draw at the Madrid Open but the ailing American still found a way to beat Sorana Cirstea 4-6, 7-5, 6-1 on Sunday and…
‘What we’re witnessing is not just a displacement crisis; becoming a food security crisis,’ says WFP country director Emergency services operate at the site of an Israeli strike carried out on Wednesday, in Ain Al Mraiseh in Beirut, Lebanon, April 9, 2026. PHOTO: REUTERS Lebanon is facing a food security crisis as the Iran war…
PM expresses satisfaction over what he described as the ‘positive trajectory’ of Pakistan-China relations China’s Ambassador to Pakistan, Jiang Zaidong, calls on Prime Minister Shehbaz Sharif on Thursday. PHOTO: SCREENGRAB Chinese Ambassador to Pakistan, Jiang Zaidong, on Thursday lauded Pakistan’s diplomatic efforts for peace in the Middle East during a meeting with Prime Minister Shehbaz Sharif,…
Weak enforcement measures against illegal manufacturing, smuggling fuel revenue gap LAHORE: Effective control over tax evasion in the tobacco sector can significantly reduce the revenue deficit and enable the government to better withstand internal and external economic pressures. The evolving situation in the Middle East, coupled with the failure to meet tax targets, is putting…
Nikola Vlasic gave Torino a point from the penalty spot against Inter Milan on Sunday. Photo: AFP MILAN: Inter Milan’s charge to the Serie A title was held up on Sunday after they threw away a two-goal lead to only draw 2-2 at Torino, while a goalless draw between AC Milan and Juventus left the…
Says Pakistan has reaffirmed its position as responsible, pivotal state in international community A meeting between President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Tuesday. — PPP President Asif Ali Zardari tasked Prime Minister Shehbaz Sharif and Foreign Minister Ishaq Dar on Tuesday to remain proactively engaged with the United States and Iran to…