News Archives for Latest - 2024-05-11

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Archive - 2024-05-11

Pakistan

PIA to restore direct flights to Paris next month

KARACHI: Pakistan International Airlines (PIA) is gearing up to restore its direct flight operations to Paris next...

Updated 11 May, 2024 11:05pm

World

New field hospital established in Gaza, Israeli military says

JERUSALEM: Israel’s military said on Saturday that a new field hospital had been established in the central Gaza...

Published 11 May, 2024 10:56pm

Travel

Pakistan highlighted as ‘core part’ of Emirates’ strategy as Dubai’s annual Arabian Travel Market event concludes

DUBAI: Pakistan was highlighted as a “core part” of Emirates’ growth strategy as the annual Arabian Travel Market...

Updated 11 May, 2024 10:52pm

Middle East

Hamas releases video of Israeli-British hostage held in Gaza

GAZA STRIP: Hamas’s wing, the Ezzedine al-Qassam Brigades, on Saturday released a video of a man held hostage in...

Updated 11 May, 2024 10:02pm

Middle East

Israel army says about 300,000 Gazans have ‘evacuated’ east Rafah

OCCUPIED JERUSALEM: The Israeli army said on Saturday about 300,000 people have left eastern Rafah for a...

Updated 11 May, 2024 10:00pm

Pakistan

PM Shehbaz invites UK to invest in Pakistan’s diverse sectors

In meeting with British High Commissioner to Pakistan Jane Marriott, premier highlights investment opportunities in agriculture, food security, information technology, tourism, and mining

Updated 11 May, 2024 09:59pm

Europe

Russia claims gains in ground offensive in Ukraine’s Kharkiv region

UKRAINE: Russia on Saturday said it had captured six villages in Ukraine’s east during a surprise ground offensive...

Published 11 May, 2024 08:26pm

Middle East

UAE hits out at Netanyahu for saying Gulf state could help run Gaza

CAIRO/DUBAI: The United Arab Emirates hit out at Israeli Prime Minister Benjamin Netanyahu on Saturday after the...

Updated 11 May, 2024 08:10pm

IMF delineates steps to curb gas circular debt

Fund suggests price adjustments should continue to move toward the full phasing out of captive power usage this year

Updated 11 May, 2024 08:10pm

IMF for taking agreed contingency revenue measures

ISLAMABAD: The International Monetary Fund (IMF) has urged the Pakistani authorities to take agreed contingency...

Updated 11 May, 2024 08:10pm

Energy

‘Cost-side reforms’: IMF says Pakistan needs to revisit terms of power purchase agreements

Remarks come in staff report for the second and final review under $3-billion Stand-By Arrangement

Updated 11 May, 2024 08:08pm

Sports

Sultan Azlan Shah Cup final: Japan prevail over Pakistan on penalties

The scoreline remained 2-2 in the stipulated time

Published 11 May, 2024 07:27pm

Energy

Iraq hopes oil reserves will exceed 160bn barrels: minister

BAGHDAD: Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion...

Published 11 May, 2024 06:34pm

Sports

Nadal falls to Hurkacz in Rome Open second round

ROME: Rafael Nadal was knocked out of the Rome Open in the second round on Saturday with a 6-1, 6-3 loss to Poland’s...

Published 11 May, 2024 06:31pm

Sports

England’s Anderson to retire from Tests after Lord’s match

LONDON: England’s James Anderson will retire from Test cricket after the first match of the series against West...

Published 11 May, 2024 05:55pm

Markets

IMF welcomes SBP's decision to keep key policy rate unchanged

The International Monetary Fund (IMF) has welcomed the State Bank of Pakistan’s (SBP) Monetary Policy Committee...

Updated 11 May, 2024 05:17pm

USA

US says Israel's use of weapons may have violated international law

WASHINGTON: The Biden administration on Friday said Israel’s use of US-supplied weapons may have violated...

Updated 11 May, 2024 05:13pm

Sports

Enrique is proud of Mbappe, understands decision to leave PSG

Paris St Germain coach Luis Enrique said he was proud to have had Kylian Mbappe in his team and understood the...

Published 11 May, 2024 05:12pm

Sports

Swiatek battles into Rome last 16, Djokovic ‘fine’ after bottle strike drama

ROME: Iga Swiatek fought past Yulia Putintseva 6-3, 6-4 to reach the last 16 of the Rome Open on Saturday, as Novak...

Published 11 May, 2024 05:07pm

Movies & Music

Actors playing Mohammed Ali Jinnah, Fatima revealed by SonyLIV

Indian streamer SonyLIV unveiled the actors playing the founder of Pakistan, Mohammed Ali Jinnah, and his sister...

Published 11 May, 2024 04:59pm

Over 10 years and beyond: PPIB proposes 10pc duty on solar PV modules import

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has proposed 10 percent duty on import of solar PV...

Updated 11 May, 2024 04:01pm

Commodities

Gold price per tola decreases Rs300 in Pakistan

Gold prices decreased in Pakistan on Saturday in line with their decline in the international rate. In the local...

Updated 11 May, 2024 03:59pm

South Asia

More than 200 dead in Afghanistan flash floods: UN

LAQAYI: More than 200 people were killed in flash floods that ripped through multiple Afghan provinces, the United...

Published 11 May, 2024 03:05pm

Movies & Music

‘Pakistan Crescent Collective’ set to debut at Cannes Film Festival

The festival will take place from May 14-20

Published 11 May, 2024 02:59pm

World

Elon Musk’s Starlink satellites disrupted by major solar storm

Starlink, the satellite arm of Elon Musk’s SpaceX, warned on Saturday of a “degraded service” as the Earth is...

Published 11 May, 2024 02:44pm

Movies & Music

Beach Boys book covers 60 years of sun, surf and Good Vibrations

LONDON: Beach Boys share their story in a new book chronicling their rise from a small garage band formed in a Los...

Published 11 May, 2024 02:20pm

SBA: performance against end-Dec benchmarks satisfactory

ISLAMABAD: The Pakistani authorities’ overall performance against end-December quantitative performance criteria...

Updated 11 May, 2024 01:43pm

Sports

Ireland hand Pakistan a reality check before T20 World Cup

Pakistan were handed a sobering reality check ahead of next month’s 20-overs World Cup, following their first ever...

Published 11 May, 2024 01:11pm

South Asia

India poll watchdog’s inaction lets PM Modi commit ‘brazen’ violations, opposition says

NEW DELHI: India’s opposition said the nation’s election commission was allowing Prime Minister Narendra Modi to...

Published 11 May, 2024 01:03pm

Sports

Pep Guardiola expects Man City to be pitch perfect against Fulham

LONDON: Pep Guardiola insists Manchester City will be prepared for whatever conditions come their way at Fulham on...

Published 11 May, 2024 12:33pm

Sports

Kylian Mbappe confirms he will leave PSG at end of season

PARIS: Kylian Mbappe confirmed on Friday that he will leave French champions Paris Saint-Germain at the end of the...

Published 11 May, 2024 12:28pm

Life & Style

A superstar, not a challenger: Zendaya

WASHINGTON: From film to fashion, former teen actor Zendaya has emerged as one of the few bona fide A-list...

Published 11 May, 2024 12:15pm

Sports

No.1 Scheffler prepares to face fatherhood as PGA looms

LOUISVILLE: Top-ranked Scottie Scheffler has been golf’s hottest sensation over the past two months, but he’s about...

Published 11 May, 2024 12:03pm

Sports

Vasiliy Lomachenko unruffled by brash Kambosos ahead of world title fight

PERTH: Ukrainian boxing great Vasiliy Lomachenko brushed aside rival George Kambosos’ taunts of sending him into...

Published 11 May, 2024 12:00pm

Sports

BCCI hunting for new India cricket coach after T20 World Cup

NEW DELHI: India’s cricket board will hunt for a new coach to take charge after the T20 World Cup in June, but left...

Published 11 May, 2024 11:58am

USA

First ‘extreme’ solar storm in 20 years brings spectacular auroras

WASHINGTON: The most powerful solar storm in more than two decades struck Earth on Friday, triggering spectacular...

Published 11 May, 2024 11:53am

Europe

Ukraine ground force commander expects Russian push ahead of arms supplies

The commander of Ukraine’s ground forces, in an interview published on Friday, said he expected the 26-month-old war...

Published 11 May, 2024 11:35am

World

US energy secretary to visit Saudi Arabia, UAE next week, officials say

US Energy Secretary Jennifer Granholm will visit Saudi Arabia and the United Arab Emirates next week to work on...

Published 11 May, 2024 10:41am

World

Australia says Palestinian UN membership bid builds peace momentum

SYDNEY: Australian Foreign Minister Penny Wong said on Saturday the country’s support for a Palestinian bid to...

Published 11 May, 2024 10:34am

Business & Finance

China’s consumer prices rise for third month, signalling demand recovery

BEIJING: China’s consumer prices rose for a third straight month in April, while producer prices extended declines,...

Published 11 May, 2024 10:16am

World

Australia to ban controversial live sheep exports by sea from May 2028

SYDNEY: Australia’s government said on Saturday it would ban live sheep exports from the country by sea from May...

Published 11 May, 2024 10:10am

Downside risks ‘exceptionally high’: IMF

ISLAMABAD: The International Monetary Fund (IMF) has stated that the risks to debt sustainability remain acute given...

Updated 11 May, 2024 09:46am

Budgeted allocation for PSDP projects: Planning ministry authorises Rs507.98bn

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has authorised Rs507.98 billion (54...

Updated 11 May, 2024 09:45am

Home-grown economic uplift: PM constitutes committee

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a six-member committee to be headed by the finance minister...

Updated 11 May, 2024 09:44am

11MFY24: KP PA passes over Rs1.360trn surplus budget

PESHAWAR: The provincial assembly of Khyber Pakhtunkhwa passed a surplus budget of Rs 1,360.37 billion for 11 months...

Updated 11 May, 2024 09:02am

Upcoming debt obligation: EPTL asks CPPA-G to pay at least Rs32bn by month-end

ISLAMABAD: Engro Powergen Thar Limited (EPTL) has asked Central Power Purchasing Agency-Guaranteed (CPPA-G) to pay...

Updated 11 May, 2024 09:00am

Gross external financing needs: IMF lowers projection to $21.044bn

ISLAMABAD: The International Monetary Fund (IMF) has lowered the projection of Pakistan’s gross external financing...

Updated 11 May, 2024 08:41am

Import of galvanised coils, sheets from China: LHC dismisses plea against definitive anti-dumping duties

ISLAMABAD: The Lahore High Court (LHC) has dismissed a petition filed against the imposition of definitive...

Updated 11 May, 2024 08:40am

BR’s refresher: your morning briefing for the day

Important updates from May 10, 2024

Published 11 May, 2024 08:37am

Opinion

The wheat woes

I would love to live in the utopian world of the neoliberal economist, where the market determines the exchange...

Updated 11 May, 2024 06:45am

Opinion

Diverting traffic

There are suggestions that all the heavy vehicular traffic that passes through main arteries of Karachi be diverted...