With their 16-run win against the Netherlands in the first one-day international on Tuesday, Pakistan climbed to fourth place with 100 points in the ICC Men’s Cricket World Cup Super League standings. If Pakistan can win both of their remaining series against New Zealand and Afghanistan, they would have secured their spot in next year’s […]
Day: August 17, 2022
Orange Line Metro Train to go Solar
Lahore’s Orange Line Metro Train (OLMT), the city’s first urban rail system, will be converted to solar power in order to reduce its growing annual electricity consumption of more than Rs 1.9 billion. Since the Chinese contractor CR-NORINCO, a joint venture between China State Railway Group (CR) and China North Industries Corporation (NORINCO), handed over […]
Hasnain Thanks Shoaib Akhtar for Speaking Out on Stoinis’ Shamless Attitude
Pakistani bowler Mohammad Hasnain hailed Shoaib Akhter for his support after Australian all-rounder Marcus Stoinis seemed to accuse him of throwing during the current franchise tournament in England. The teenage bowler said, “Thank you Shoaib Bhai for supporting me” in response to a tweet by Akhtar, in which the former criticised Stoinis’s gesture and questioned […]
Bloomberg claims Pakistan will get IMF bailout by end of August
The likelihood that Pakistan will get a rescue from the IMF later this month and thereby avoid defaulting is growing among investors. According to a Bloomberg story, the Pakistani rupee, bonds, and equities are all on the rise as investors become more optimistic that their nation would get an IMF bailout. On Tuesday, dollar bonds […]
IMF, Pakistan come to Agreement on Letter of Intent
As stated in the signed Letter of Intent between the IMF and Pakistan (LoI). Recently, the government of Pakistan signed the LoI it got from the Fund and returned it. According to sources cited by Propakistani, the IMF has been promised a gradual rise in the petroleum charge to Rs. 50 per litre on petroleum […]