PCB’s search for foreign coach faces new setback as Darren Sammy, Peshawar Zalmi’s coach, declines offer due to ongoing contract with West Indies team. Earlier, efforts to hire Shane Watson as head coach failed as he returned home after discussions. Watson, also Quetta Gladiators’ coach, rejected offer due to leak of PCB’s proposed package to…
Roof collapse in South Waziristan kills 6, including 2 kids, 1 woman, and 3 men. 4 others hurt, taken to hospital. Similar incident in Swat on March 4 left 7 dead, 2 injured. Rescue teams saved all from debris. Over 30 died in Pakistan due to heavy rains, many schools closed. In Kalam’s Nazimabad village,…
IMF suggests Pakistan expand Capital Gains Tax to cover cryptocurrencies, real estate, and securities. In talks for a $3 billion standby arrangement, IMF wants FBR to ensure taxation of all gains, not just on assets held for a certain time. They propose penalties for property developers who don’t report transfers before property completion. These measures…
Experts estimate TikTok’s US operations at $100 billion, but this value may drop to $40 billion if its addictive algorithm isn’t included in a buyout. Despite revenue between $16-20 billion, heavy spending has left TikTok in the red. With 170 million monthly users in the US, it’s a sought-after platform. But its profitability is uncertain,…
Saudi Arabia, a close friend of Pakistan, has launched a gift program during Ramadan, distributing high-quality dates as gifts to 30,000 people. Named the “Custodian of the Two Holy Mosques’ Gift Programme,” it was initiated at the Saudi embassy in Islamabad. Ambassador Nawaf bin Saeed Al-Malkyi and other officials attended the event. The program, directed…
The rupee’s stability against the US dollar next week depends on how well talks with the International Monetary Fund (IMF) go. Analysts say if the IMF review goes well and interest rates stay the same, the rupee should stay steady. Currently, the rupee is doing slightly better against the dollar, closing at 278.74 on Friday,…
Peshawar Zalmi captain Babar Azam spoke out about their loss to Islamabad United in PSL 9. He blamed their weak bowling performance in the second half of the innings for the defeat. Babar admitted they were in a good position initially but faltered later, allowing United to take control. He praised Imad Wasim and Haider…
A boy named Abdul Rehman from Tharparkar, Sindh, was found dead in Hyderabad. Police are investigating the cause of death through a postmortem. In a tragic incident in 2020 in Abdul Hakeem town, Khanewal district, neighbors discovered the bodies of three siblings in a house after a day of silence. The siblings’ parents had a…
The State Bank of Pakistan (SBP) has refuted rumors about the introduction of polymer banknotes, stating that there are currently no plans to switch from paper to polymer currency. This clarification comes after a bank in Karachi received misprinted banknotes. The SBP explained that such errors can occur due to the large-scale printing of currency….
A new government and cabinet in Islamabad are expected to keep petrol prices the same for the next two weeks starting March 16, 2024, as reported by The News. This decision may be influenced by stable international fuel costs. However, considering possible exchange rate adjustments, petrol prices might increase by Rs1.07 per litre to Rs280.82,…
