Pakistan Financial News

Pakistan has decided to dispatch a fresh arms consignment to Kiev coinciding with Ukrainian foreign minister Dmytro Kuleba's «emergency visit to Islamabad» this week amid depleting stockpiles slowing down the counteroffensive against Russia. ET has learnt that a merchant vessel has been berthed at the Karachi Port since last week to load nearly 200 containers of defence stores by Pakistan Ordnance Factories.

India and Pakistan will play the Asia Cup matches at the neutral venue of Kandy in Sri Lanka. The decision was taken after the cricket regulators of the two sides failed to reach a compromise on the issue. The two neighbors have bitter relations and they have fought a few wars. The political and diplomatic ties between them worsened after 2013. Pakistan and Sri Lanka are the co-hosts of the tournament that will be held from July 30 to August 17. The final match will be held in Sri Lanka. Afghanistan, Bangladesh, and Nepal will be the other contenders in the six-team 50-over competition. Nepal, India, and Pakistan have been put in group A. Two teams from each group of three teams will advance to the Super Four stage to decide the teams that will play the final. The first Super Four match will be held in the Pakistani city of Lahore before it moves to the Sri Lankan city of Colombo. But the groups are made in such a way that India will not have to play in Lahore. The only group match between India and Pakistan will be played in Kandy on September 2. The inaugural match of the Asia Cup cricket will be held on August 30 in the Pakistani city of Multan between Nepal and Pakistan. Bangladesh will take on Sri Lanka on August 31 in Kandy whereas Afghanistan will take on Bangladesh on August 3 in Lahore. Nepal will meet India in Kandy on September 4 and Afghanistan will take on Sri Lanka on September 5 in Lahore.

Seema Haider's husband reiterates plea for her to return, says ‘still love you’ Haider had entered India via Nepal, even staying with her partner for a week in a Kathmandu hotel. According to an ANI report the duo had stayed in the hotel under false names for about seven or eight days in March this year.

Uttar Pradesh Police on Wednesday said it would not be appropriate to say if Pakistani citizen Seema Haider, who entered India illegally in May and is staying with her partner in Noida, is a spy «unless we have enough proof». Seema (30) and her Indian partner Sachin Meena (22) were questioned by the Uttar Pradesh Police's Anti-Terrorist Squad on Monday and Tuesday. They were first arrested by the local police in Greater Noida on July 4 but were granted bail by a court on July 7.

India and Pakistan will lock horns on September 2 in Kandy in the 2023 Asia Cup, scheduled to start on August 30, according to ESPNcricinfo. A total of 13 matches will be played in the tournament. Pakistan is grouped with India and Nepal in Group A, while Sri Lanka, Bangladesh, and Afghanistan are in Group B.

Asia Cup 2023. "Pakistan will take the stance at the ACC meeting that with a rainy weather forecast for venues in Sri Lanka which is to host nine games of the Asia Cup, Pakistan should be allowed to host more than four games at home," said a PCB source.

Lok Sabha elections. The group announced that the upcoming polls would see the BJP ‘fight against INDIA’.  “Abu Azmi of SP says: I won't say Vande Mataram, I won't bow my head as my religion doesn't allow it. Is this idea of I.N.D.I.A? Or is this anti-India? SP is a part of this alleged I.N.D.I.A," BJP national spokesperson Shehzad Poonawalla tweeted.

J&K govt terminates job of 3 employees for working with Pakistani terror outfits While Wani - a resident of Mohnu, Charar-i-Sharief  - sustained a bullet injury in the thigh, Chadoora resident Chechi was discharged after receiving first aid.

Imran Khan on Wednesday again apologised for his controversial remarks against a female judge, saying he was sorry if he crossed the line. Just months after his ouster in April 2023, Khan in a fiery speech threatened Islamabad's top police officials and judge Zeba Chaudhry and said he would not «spare» them and file cases against them for «torturing» his party leader Shahbaz Gill. Khan, 70, Wednesday issued an apology, again, in the district and sessions court in connection with the case, Geo News reported.

Bajaj Allianz General Insurance has launched a new motor insurance offering called V-Pay. The add-on cover is only for private car owners, not for commercial vehicles. Under this add-on, the insuree can report multiple minor paint chips and/or scratches anytime during the policy period.

macroeconomic outlook and highlights the need for further financial support to address the country's cash-strapped situation, PTI reported this citing The Dawn newspaper. The report is founded on the Memorandum of Economic and Fiscal Policies (MEFP), which was signed by Pakistan's Finance Minister Ishaq Dar and State Bank Governor Jameel Ahmed. The fund said, “Resolving Pakistan’s structural challenges, including long-term BOP [balance of payments] pressures, will require continued adjustment and creditor support beyond the current programme period." Last week, the IMF approved the USD 3 billion bailout program for Pakistan.

Asia Cup will witness the clash between warring cricket giants India and Pakistan on September 2. The thrilling encounter is scheduled to take place at the Pallekele International Cricket Stadium in Kandy, as confirmed by reports. ESPNcricinfo revealed that the tournament will kick off with a match between Pakistan and Nepal.Schedule Finalization: ACC approves unique hybrid model The Asian Cricket Council (ACC) is currently working diligently to finalize the schedule for the upcoming Asia Cup.

Several people were wounded in an explosion near a paramilitary force vehicle in Peshawar, Pakistan, on Tuesday. The blast in Peshawar was a suicide attack, said police official. 

Pakistan, helping shore up the South Asian country's foreign exchange reserves on the back of an IMF deal, Prime Minister Shehbaz Sharif said on Tuesday. This was in addition to over $5 billion in loans that longtime ally China has rolled over for Pakistan in the last three months, Sharif said last week, helping Pakistan avert a default as negotiations to secure the IMF bailout dragged on.

The largest reptile sanctuary in the US, based in Arizona, wants to import six gharials and mugger crocodiles from Tamil Nadu to help conserve these endangered species. As per a notification issued under the Endangered Species Act (ESA), the Phoenix Herpetological Society has requested permission from the US Fish and Wildlife Service.

Pakistan's former prime minister and top opposition leader Imran Khan, dozens of his followers quit his party on Monday to launch their own ahead of parliamentary elections expected later this year. The dramatic development — described as a «political rebellion» within Khan's Pakistan Tehreek-e-Insaf party — came two months after violent protests shook the country in early May.

Anti-Terrorist Squad (ATS) of Uttar Pradesh Police on Monday questioned Pakistani citizen Seema Haider, who entered India illegally in May and is now living with her Indian partner Sachin Meena in Greater Noida, officials said. The development comes a day after UP ATS arrested a suspected agent of Pakistan's intelligence agency Inter-Services Intelligence (ISI) in Lucknow on charges of supplying «vital information about defence establishments» to his handlers in the neighbouring country.

Pakistan Defence Minister Khawaja Asif has rebuked Afghanistan for disregarding vital obligations made in the Doha agreement, Pakistan-based ARY News reported. ARY News is a Pakistnews channel. This comes after the armed forces of Pakistan voiced their serious concerns regarding the safe havens and freedom of movement enjoyed by the outlawed Tehrik-i-Taliban Pakistan (TTP) within Afghanistan.

Pakistan are likely to be held in November, three months after the dissolution of the National Assembly, Dawn reported. Dawn is a PakistEnglish-language newspaper. This comes as Pakistan Prime Minister Shehbaz Sharif has said that he will hand over the reins to the caretaker set-up next month before the completion of the assembly's tenure.

India to live with a Hindu man whom she befriended through an online game platform, a media report said on Monday. Seema Ghulam Haider from Karachi in Sindh province and Sachin Meena in India got in touch while playing PUBG in 2019 and a dramatic love story unfolded between the two living more than 1,300 km apart, in countries not too friendly to each other. Seema, 30, and Sachin, 22, live in the Rabupura area of Greater Noida, near Delhi, where he runs a provision store, according to Uttar Pradesh Police.

Seema Ghulam Haider from Karachi in Sindh province and Sachin Meena in India got in touch while playing PUBG in 2019 and a dramatic love story unfolded between the two living more than 1,300 km apart, in countries not too friendly to each other. Haider's husband, Ghulam Haider had earlier requested the intervention of Prime Minister Narendra Modi in sending his wife and four children back to Pakistan.  In a recent interview with a Youtuber, Ghulam Haider, who lives in Saudi Arabia, told his estranged wife, "I still love you the same and will continue to do so...please come back".  "You know very well how much I love you.