Islamabad, Oct 25; Maria Sharapova Tennis Hall of Fame Induction Celebrates a Legendary Career in Tennis Maria Sharapova and the American doubles duo Bob and Mike Bryan have been inducted into the 2025 Class of the International Tennis Hall of Fame. In recognition of their outstanding achievements to the sport, Sharapova, a five-time Grand Slam champion, and the Bryans will be formally honored on August 23 in Newport, Rhode Island. “Incredibly grateful to receive this honor,” Sharapova, wrote on X (formerly Twitter). “A big thank you to The Hall of the Fame, and to all the voters. “Most importantly, this…
Author: Mawadat Fatima
Islamabad, Oct 25: FBR Lowers Minimum Value of Locally Produced Steel Goods for Tax Purposes In order to lower the incidence of sales tax on various locally produced steel commodities, the Federal Board of Revenue (FBR) has significantly reduced the minimum value of supply for these goods. To re-fix the minimum value of supply of locally made steel commodities for the purpose of paying sales tax on an ad valorem basis, the FBR issued SRO.1636(I)/2024, superseding SRO 501(I)/2022. The previous minimum value of Rs. 225,000 per metric ton (PMT) for steel bars and other long profiles has been lowered to…
Islamabad, Oct 25: At the Al Amerat Cricket Ground in Oman, the Pakistan vs Sri lanka play in the opening semifinal of the ACC T20 Emerging Teams Asia Cup 2024. The winner will reserve a ticket for the Sunday final. The game is scheduled on October 25 at 2:00 PM. While Sri Lanka advanced to the knockout stages as group winners after recording a higher net run-rate than Afghanistan, Shaheens will enter as the runners-up in Group B. Mohammad Haris’ team recovered from an early defeat in their debut match against India to continue defending their title with two straight…
Islamabad, Oct 25: NCERT Warns Fake CAPTCHA Pages Exploit PowerShell Vulnerability to Hack Windows Systems A cybersecurity advisory has been released by the National Computer Emergency Response Team (National CERT) alerting users to a new malware campaign that uses phony CAPTCHA verification sites to trick users. Dubbed “Fake CAPTCHA Pages Leveraging PowerShell for Malware Delivery,” the advisory details how cybercriminals are exploiting social engineering techniques to trick users into compromising their systems. The attack has already targeted users within the region, with a specific focus on those seeking free online content. The advice claims that threat actors trick users into…
Islamabad, Oct 25: England Wicket-Keeper Warns of Rawalpindi Pitch After 13 wickets were lost on a wild opening day of the last Test, England batsman Jamie Smith has cautioned his teammates that the highly anticipated Rawalpindi wicket will only get worse. “I can only see it getting worse from here” replied Jamie when asked about the playing conditions which suited the home team’s spinners once again. The wicket-keeper batter believes the decisive third Test, and the series itself will come down to “small margins”. The 24-year-old scored 89 of his team’s 276 runs with six sixes and five fours, making him the…
Pakistan to Host Commonwealth Handball Championships 2025 An important milestone for the Pakistan Handball Federation (PHF) has been reached when Pakistan was awarded the hosting rights for two major Commonwealth handball competitions. The first Commonwealth Universities Women’s Handball Championship and the first Commonwealth Men’s Senior Beach Handball Championship will be held in Pakistan next year, according to confirmation from the Commonwealth Handball Association (CHA). It is anticipated that the Men’s Beach Handball Championship would be held in Karachi; precise dates will be revealed shortly. In order to get confirmation of their teams’ participation by November 15, 2024, CHA has already…
Islamabad, Oct 25: Direct Flights Between Lahore and Central Asian Destination to Begin Next Month Alisher Tukhtayev, the ambassador of Uzbekistan to Pakistan, declared that direct flights between Lahore and Tashkent would likely start operating next month. The Senate Standing Committee on Foreign Affairs Chairman, Senator Irfanul Haque Siddiqui, met with him in Islamabad and he disclosed this information. The goal of this project is to increase connectivity between the two countries, which should greatly increase trade, tourism, and cultural exchanges. Additionally, Ambassador Tukhtayev mentioned plans to extend the airline network to other important Pakistani cities. Senator Siddiqui stressed that…
Islamabad, Oct 25: Punjab Cash Surplus Deficit Puts IMF Agreement at Serious Risk After Punjab’s contribution in the first quarter of the current fiscal year fell short of the required Rs. 342 billion cash surplus requirement from its province governments, Pakistan has failed to meet a crucial demand of the International Monetary Fund (IMF). According to early federal figures, the combined provincial surplus was Rs. 160 billion, representing a 53 percent deficiency of Rs. 182 billion. According to Express Tribune, this has cast doubt on the government’s capacity to adhere to the conditions of its $7 billion IMF Extended Fund…
Islamabad, Oct 25: Pakistan Investment Potential Promoted by FM at IMF/WB Meetings to Attract Global Investors On the fourth day of his trip to Washington, DC, to attend the World Bank Group and IMF Annual Meetings 2024, Minister of Finance and Revenue Muhammad Aurangzeb continued his meetings. The finance minister participated in several investment forums hosted by JP Morgan, Standard Chartered, and Citibank. He gave investors an update on the state of the economy over the previous fiscal year and conveyed his delight that all economic indicators were trending upward. In particular, Aurangzeb discussed the importance of provincial governments in…
Islamabad, Oct 25: Pakistan stock exchange Makes History as It Crosses 90,000 Mark, Setting a New All-Time High Compared to the previous closing of 89,373.82 points, the benchmark KSE-100 index increased 1142 points to reach an all-time high of 90,087.41 points. With a 125 percent increase in just 18 months, this is among the highest rises ever seen by stocks on the main exchange. Even though the day is still early, at the time of filing, 163,785,619 shares were trading on the exchange, with a share price of Rs. 8.485 billion. Of the 380 firms that traded their shares on…
