Pakistan skipper Shan Masood celebrates his hundredth birthday during the first Test against England in Multan on October 7, 2024. — PCB MULTAN: Pakistan captain Shan Masood on Monday led the national team from the front, scoring a crucial century on the opening day of the first Test against England. After winning the toss and … Read more
A representative image showing Pakistani and Indian cricket fans holding their national flags during a match. — AFP/File LAHORE: Right-handed batter Mohammad Haris will lead Pakistan Shaheens in the Asian Cricket Council Men’s T20 Emerging Teams Cup, where the national team is expected to face arch-rivals India. Before leaving for the tournament, which is scheduled … Read more
Federal Minister of Energy (Energy Department) Awais Leghari on Sunday said there is consensus between the government and independent power producers (IPPs) to reduce electricity prices, as financially challenged consumers struggle with unaffordable tariffs and little hope of immediate relief. Legari, along with sector officials and an economist, addressed the controversial issue of agreements with … Read more
Stock brokers watch news on TV in a booth, during a trading session at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023. – Reuters Stocks on Monday surpassed a record high of 84,900, driven by a massive rally in the energy sector and growing optimism about potential interest rate cuts, traders said. The … Read more
A broker takes a picture of the trading screen at the Pakistan Stock Exchange. – Reuters/File After a day of flat close, stocks jumped on Thursday, testing the 83,000 resistance level as easing inflation pressures and hopes of further interest rate cuts, coupled with improving economic indicators, prompted investors to snap up high-yielding stocks. … Read more
A power transmission tower in Karachi on January 24, 2023. — Reuters IPPs must terminate contracts once the modalities are finalized. The government will provide up to Rs 150 billion in terms of capacity payments. The current administration is negotiating the dues owed to independent energy buyers. ISLAMABAD: At a time when the current … Read more