Fawad blasts fellow PSL franchises

KARACHI: The owner of the PSL’s newest franchise has lashed out at the league’s existing team owners during a meeting of the league in London a few days ago. One franchise owner also called for a review of cricketers’ fees, citing their poor performances. “You did not do anyone a favour by buying a team….

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Govt holds line on CSS age limit

ISLAMABAD: The government has rejected recommendations to raise the upper age limit and increase the number of attempts for the Central Superior Services (CSS) examination, deciding to retain the existing policy. The Establishment Division and Federal Public Service Commission (FPSC) have submitted their written positions on the matter to the parliamentary committee, opposing the proposed…

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$16b fossil fuel import bill strains reserves

KARACHI: Pakistan’s growing dependence on imported fuel is putting severe pressure on its foreign exchange reserves, making immediate investment in renewable energy essential, said Federal B Area Association of Trade and Industry President Sheikh Muhammad Tehseen. He said Pakistan’s oil imports had increased by 5.76% annually, while the country spent more than $16 billion on…

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Mbappe misses penalty as Betis past Real Madrid

Real Betis’ Spanish goalkeeper Alvaro Valles reacts after Real Madrid’s French forward Kylian Mbappe failed a penalty kick during match between Real Betis and Real Madrid. Photo: AFP SEVILLA: Kylian Mbappe missed a late penalty as Troy Parrott scored his first goal for Real Betis in a 1-0 win over Real Madrid on Friday, ending…

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Asif says he sees ‘something more’ behind PPP’s ‘two-faced policy’, calls devolution of powers ‘inevitable’

Defence Minister Khawaja Asif. PHOTO: APP/ File Defence Minister Khawaja Asif has said he saw “something more” behind the Pakistan Peoples Party’s (PPP) “two-faced policy”, adding that he would explain it “when the time comes” and that “the devolution of powers is inevitable”. In a post on X on late Saturday night, Asif said, “When…

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Efforts on to cut civil govt, debt servicing expenses

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday said the government was committed to maintaining macroeconomic stability and steering the economy from stabilisation towards sustainable growth. He also stressed the need to stay on course in structural reforms and strengthen the private sector’s role through privatisation and public-private partnerships (PPPs). Addressing…

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‘Fertilizer bag may get Rs700 costlier’

ISLAMABAD: The price of a fertilizer bag could increase by up to Rs700 following a proposed amendment to the Gas Infrastructure Development Cess (GIDC) law, officials told the Senate Standing Committee on Petroleum on Friday. The committee, which met under the chairmanship of Syed Mustafa Mahmood, was considering the Natural Gas Development Surcharge Amendment Bill…

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