Gold steady as Fed hints at rate hike

Says central bank has ‘work to do’ on inflation; local rates stay flat despite 1% global drop KARACHI: Gold prices in Pakistan remained unchanged on Friday even as international bullion reversed course and fell more than 1% after Federal Reserve Chairman Kevin Warsh signalled the US central bank may still have “work to do” on…

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Namibia shock South Africa

Namibia produced a strong all-round performance to defeat South Africa by 18 runs in the opening match of the Namibia T20I Tri Series in Windhoek on Friday. After being invited to bat first Namibia posted 163-9 from their 20 overs. Jan Frylinck led the way with a fluent 60 off 38 balls, including six fours…

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Deportations expose Gulf job reliance

KARACHI: For Pakistani families, a job in the Gulf can mean the difference between financial security and economic hardship. But the sudden loss of that job can send a worker back to the same weak labour market that pushed him abroad in the first place – exposing a vulnerability that is increasingly visible as thousands…

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Sarfaraz admits batting crisis

Pakistan red-ball Head Coach Sarfaraz Ahmed was addressing a press conference in Lahore. Photo: PCB/File Pakistan head coach Sarfaraz Ahmad admits his side’s batting remains a major ‘concern’ after another collapse against England, but insists the team can still salvage something from the series if it improves its performance at crucial moments. Pakistan’s batting has…

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Pakistan’s ambassador to US urges India to comply with Indus Waters Treaty, rescind unilateral measures

Warns undermining treaty poses threat to peace, stability in already volatile region Five vignettes narrate the tensions between Indus River and its people. Photo: File The Ambassador of Pakistan to the United States Rizwan Saeed Sheikh noted that in an article written by India’s Ambassador to the United States Vinay Kwatra, entitled A Treaty Pakistan…

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Rs450b ML-1 upgrade faces financing hurdle

399 train derailments in 10 years highlight urgent need for railway modernisation ISLAMABAD: Pakistan’s railway infrastructure is in urgent need of modernisation, with 399 train derailments and 158 accidents reported over the past decade due to deteriorating track conditions, Planning Minister Ahsan Iqbal said on Friday as he reviewed financing options for the Rohri-Multan section…

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Marquinhos secures draw for PSG

Paris Saint-Germain’s Marquinhos celebrates scoring during the Ligue 1 match against Lille. Photo: AFP LILLE: Captain Marquinhos headed in a dramatic last-gasp equaliser as Paris Saint-Germain scored twice in stoppage time to snatch a 2-2 draw at Lille in Ligue 1 on Friday. It looked as though the reigning French and European champions were heading…

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