May 8, 2024 - Page 2 of 4

Pakistan Stays on Top in Sultan Azlan Shah Cup After Triumph Over Canada

Posted May 8, 2024 by newsfeed.pk

Pakistan Hockey team has edged one step closer to the final with a 5-4 triumph against Canada in the fourth match of the group stage which keeps them in the top 2 spots of the group. The Green Shirts made a comeback from a 2-0 deficit to clinch a victory…

Usman Qadir Blames Mohammad Hafeez For Ruining His Career

Posted May 8, 2024 by newsfeed.pk

Pakistan's leg-spinner Usman Qadir has openly blamed former PCB technical director Mohammad Hafeez for his exclusion from the national team. Speaking on a local YouTube channel, Usman claimed that former T20 captain Shaheen Afridi had assured him of selection for the New Zealand series in January based on his recent…

Quetta’s Bugti Stadium to Get Floodlights Within Next 3 Months

Posted May 8, 2024 by newsfeed.pk

Pakistan Cricket Board (PCB), Chairman Mohsin Naqvi, visited the Nawab Akbar Ali Khan Bugti Stadium in Quetta, where he announced plans to install floodlights within three months to improve the stadium's facilities. The chairman was accompanied by Balochistan Chief Minister Sarfaraz Bugti and former caretaker Prime Minister, Senator Anwar-ul-Haq Kakar.…

Pakistan’s Unique Record in T20 Cricket Will Shock You

Posted May 8, 2024 by newsfeed.pk

Pakistan cricket team has a unique place in T20I history when it comes to defending totals in low-scoring matches and also when they put up a total in excess of 200 on the board. Recent statistical analysis reveals that Pakistan is the only team to have successfully defended 150 or…

Dairy Association Urges Govt to Exempt Dairy Exports from Taxation

Posted May 8, 2024 by newsfeed.pk

Finance Minister Muhammad Aurangzeb held a meeting with the Pakistan Dairy Association (PDA), led by CEO Fauji Foods Ltd Usman Zaheer at the Finance Division today. While addressing the delegation, the minister underscored the significant role the dairy industry played in increasing agricultural GDP and fostering economic development. He highlighted…

France Offers Technical Assistance to Pakistan for Sustainable Economic Growth

Posted May 8, 2024 by newsfeed.pk

The Ambassador of France to Pakistan Nicholas Galey called on Finance Minister Muhammad Aurangzeb at the Finance Division today. The minister welcomed the French Ambassador and appreciated the support extended by the French government for renewal of GSP Plus status to Pakistan. He briefed the envoy on the steps taken…

IMF Wants Pakistan to Increase Tax Burden on Salaried Class

Posted May 8, 2024 by newsfeed.pk

The International Monetary Fund (IMF) wants Pakistan to rationalize tax rates for individuals by removing the salaried/non-salaried distinction and reducing the number of rate slabs to no more than four. The IMF has urged Pakistan to unify taxation by reducing the highest taxable income limit for salaried workers, setting a…

Dubai Islamic Bank Inks Agreement to Join International Finance Corporation’s Trade Program

Posted May 8, 2024 by newsfeed.pk

Dubai Islamic Bank Pakistan Limited (DIBPL) has signed an Issuing Bank Agreement (IBA) with the International Finance Corporation (IFC) to support international trade in Pakistan. Under the agreement, IFC will guarantee payment of DIBPL obligations to support their trade finance transactions with tenors of up to one year. This will…

Attock Refinery Resumes Production At Main Distillation Plant

Posted May 8, 2024 by newsfeed.pk

Attock Refinery Limited (PSX: ATRL) has resumed production at its main crude distillation unit with immediate effect, the company informed the main bourse on Wednesday. Recently some improvement has been observed in the uplifting of High Speed Diesel (HSD). Accordingly, ARL has restarted its main unit, however, the situation is…

WorldCall’s Holding Company Commences Trading on NASDAQ

Posted May 8, 2024 by newsfeed.pk

Worldcall Telecom Limited (PSX: WTL) has been informed by Worldcall Services (Private) Limited (WSL) that GlobalTech Corporation (GTC), a US Company, has commenced trading under the symbol GLTK, the tech firm informed the main bourse on Wednesday. With the commencement of trading of GTC, all terms and conditions mentioned in…

PM Seeks Report on Electricity Issues with AJK Govt

Posted May 8, 2024 by newsfeed.pk

Prime Minister Shehbaz Sharif has sought a report regarding electricity issues with Azad Jammu and Kashmir (AJK) government. According to sources, talks with the AJK government over future tariff determination of Neelum-Jhelum Hydropower Plant. The talks are being held to finalize the new tariff after which an agreement would be…

Govt Imported Wheat Worth Rs. 7 Billion in April Alone

Posted May 8, 2024 by newsfeed.pk

The federal government is poised to continue importing wheat as procurement from the international market continued without delay during its second month in power, sources informed ProPakistani. Sources said 86,800 metric tons of wheat worth Rs. 7 billion were imported in April alone. In the two tumultuous months of the…

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