Islamabad, Oct 23: Manchester United Approaches Former Barcelona Captain for Coaching Role According to reports, Manchester United has contacted former Barcelona manager and player Xavi Hernandez about a potential managerial comeback as Erik Ten Hag’s future at Old Trafford remains uncertain. Their current 12th-place finish in the Premier League table raises concerns about the club’s management, since the Dutch manager has failed to turn things around since taking over the illustrious club in 2022. Xavi has reportedly received two messages from United’s middlemen in recent months, which has fueled rumors regarding his future and United’s preparations in the event that…
Author: Mawadat Fatima
Islamabad, Oct 23: A person cannot serve as an independent director of a listed business if they directly or indirectly own more than one percent of the voting rights in that firm. To propose changes to the Listed Companies (Code of Corporate Governance) Regulations, 2019, the Securities and Exchange Commission of Pakistan (SECP) released S.R.O.1639(I)/2024 on Wednesday. The notification states that unless there are exceptional circumstances, which should be communicated in writing to the company secretary or board chairman beforehand, it will be mandatory for the chief executive officer and the directors of a company, who together make up one-third…
Islamabad, Oct 23: Pakistan Finance Minister Advocates for Multilateral Financing Solutions to Address Economic Challenges Muhammad Aurangzeb, the Federal Minister of Finance and Revenue, was present at the G-24 Ministers and Governors Meeting in Washington, DC. In order to address the urgent problems of population increase, child stunting, and climate change that developing nations—particularly Pakistan—face, the Minister called on all development partners to collaborate together. The finance minister stressed the importance of addressing issues such as the heavy debt loads on developing nations, the need for climate action, and increased representation of developing nations in the Bretton Woods institutions in…
Islamabad, Oct 23: Finance Minister Optimistic on Securing Major Energy Debt Relief from China Finance Minister Muhammad Aurangzeb said Pakistan’s request to extend energy sector debt payments has been met with an encouraging response from China, reported Bloomberg. As the nation struggles with high electricity rates that have risen for some households in recent years, the extension, if authorized, will offer financial respite. With new tax policies aimed at industries like retail and agriculture anticipated to go into force shortly, the finance minister underlined once more the necessity of increasing Pakistan’s tax-to-GDP ratio to 13.5%. The federal government’s strategy to…
Islamabad, Oct 23: PM Office Will Now Receive Summaries Digitally Only The federal government has made it mandatory for all ministries to forward summaries and files to the Prime Minister’s office through E-Office starting from November 1, 2024. The PM Office Will Now Receive Summaries Digitally Only has issued directions to the Cabinet Division and Establishment Division regarding the operationalization of the E-Government Module (E-Office) within the federal government. The Cabinet Division must ensure that all summaries and files will only be received through E-Office starting from November 1, 2024. The government has been working towards implementing the E-Office system…
Islamabad, Oct 23: Saeed Anwar Turns Down PCB Coaching Role Former Pakistani leg-spinner Mushtaq Ahmed has disclosed the real reason behind Saeed Anwar’s refusal to return to cricket despite a valid coaching offer from the Pakistan Cricket Board (PCB). With performances that defined a period of cricket in the 1990s and early 2000s, the graceful left-hander solidified his status as one of the best openers Pakistan has ever produced. However, in August 2003, Anwar made the decision to retire from the sport at the age of 34, and what followed was an unexpected silence from the cricketing legend. In a…
Islamabad, Oct 23: Pakistan Shaheens vs UAE Emerging Teams Asia Cup Pakistan A will take on UAE in their final Group B match of the 2024 ACC T20 Emerging Teams Asia Cup in what is shaping up to be a riveting contest at the Oman Cricket Academy Ground in Muscat, Oman. The match will be being at 2:00 PM (PST) with a semi-final spot on the line for both teams. Pakistan will be in a strong position to guarantee their qualifying for the next round as they presently hold the second spot in Group B, ahead of the United Arab…
Islamabad, Oct 23: The IMF Forecasts has been expecting a GDP growth of 3.2 percent in Pakistan for the upcoming fiscal year of 2025. This forecast is given at the backdrop of gradually recovering economy where Pakistan is focusing on the stabilization of its economy after getting hit by a series of financial crises. The IMF’s outlook is viewed in a positive manner as it unlocks means for a bounce back amid the key challenge facing the country in the form of inflation, fiscal deficits, and pressures from external debt. IMF’s Forecast and Its Implications At present, Pakistan’s GDP was…
Islamabad, Oct 23: The provincial government of Sindh plans to introduce double decker buses in Karachi in a bid to offer a modish public transport to the people of Karachi. This idea forms part of a much larger plan by the government to bring about infrastructural change in Karachi to try and solve the continually arising transport woes faced by the expanding populace in the city. This announcement has created a buzz, as a lot of people believe that the newly introduced service will enhance both effectiveness and access of public transportation. The Need for Improved Public Transport It is Karachi…
Islamabad, Oct 23: One of Australia’s premier batsmen, David Warner, has formally announced his readiness to return to the Test squad against India. This has created a lot of joy among cricket lovers since Warner hopes to regain the lost glory as he rejoins the international team. Warner’s return, after the brief break, could boost Australia’s batting arsenal ahead of the closely contested Test series. Warner’s Test Career So Far David Warner is one of the mainstays of Australian cricket for over a decade now and has the stats to back the prowess. Aggressive batsman among them, Warner has scored…
