Veteran all-rounder, Shahid Afridi is confident of a good showing with Quetta Gladiators ahead of the upcoming Pakistan Super League (PSL) 7. Afridi was full of praises for Quetta’s captain, Sarfaraz Ahmed and said that he is a fighter and has been a g…
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Ex Indian Cricketer Compares Indian Pace Attack With Pakistan’s Deadly Trio
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Former Indian cricketer turned commentator, Sanjay Manjrekar, has drawn parallels between India’s current bowling line-up of Jasprit Bumrah, Mohammed Siraj, and Mohammed Shami and Pakistan’s devastating pace trio of Waqar Younis, Wasim Akram, and Shoai…
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Renowned Fast Bowling Coach Says Hasnain’s Action Can Cause Him a Serious Injury
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Renowned fast bowling coach, Ian Pont has pointed out some serious flaws in young Pakistani pacer, Mohammad Hasnain’s action.Pont believes that Hasnain’s action should be rectified immediately otherwise the 21-year old can suffer a serious injury. Pont…
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FBR Orders Officers to Deposit Gifts Received During Official Visits to Other Countries
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The Federal Board of Revenue has bound the officers to declare and deposit the gifts received during official visits to foreign countries.According to the FBR that in its monthly meeting held at FBR (HQs), Board-in-Council (BIC) discussed various agend…
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FBR to Audit Hascol and Its Senior Management
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The Federal Board of Revenue (FBR) has decided to initiate an audit of income and sales tax along with related financial affairs of Hascol Petroleum Limited and its top management.According to a report by Business Recorder, the inspection or audit of t…
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Ministry of Finance Reveals Progress on IMF Loan Program
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The Ministry of Finance has issued an official clarification in response to a news article published in daily Dawn, titled “Govt in no hurry to pass mini-budget before IMF meeting.”In a short statement, the Finance Ministry remarked that the article is…
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Gas Shortfall Causes $250 Million Loss for Textile Sector in December Alone
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Pakistan’s natural gas shortfall is wreaking havoc on the country’s export industry, and has stripped off $250 million worth of textile exports in December alone, reported by Bloomberg.According to Bloomberg’s calculations, the amount of $250 million w…
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K-Electric Tariffs Expected to Rise by Rs. 4.8 Per Unit
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The cost of quarterly adjustments for Karachi is expected to be as high as Rs. 4.80 per unit.National Electric Power Regulatory Authority (NEPRA) reserved its decision after hearing K-Electric’s request for an increase in the per-unit price of electric…
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Finance Bill Likely to be Tabled Before Senate Tomorrow
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President of Pakistan, Dr. Arif Alvi, has convened a session of Senate at the Parliament House on Tuesday at 4:00 pm, according to a notification.It is expected that the Finance Supplementary Bill 2021 and the State Bank of Pakistan (Amendment) Bill 20…
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PSX Listed Companies Paid Highest Dividends in 2021
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The listed companies at the Pakistan Stock Exchange (PSX) paid the highest ever dividends of Rs. 499.84 billion in the calendar year 2021 (CY21), a staggering 87 percent higher than the CY20 figure of Rs. 267.608 billion.Finance Ministry spokesperson, …