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Imran’s lawyer highlight flaws in cypher verdict

ISLAMABAD:   While pointing out loopholes in a trial court’s verdict, the lawyer representing former prime minister Imran Khan contended on Thursday that Imran and former foreign minister Shah Mahmood Qureshi were sentenced in the diplomatic cipher case simply to appease a foreign power. A division bench of the Islamabad High Court (IHC), comprising Justice […]

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Global M&A picks up in Q1

NEWYORK: Mergers and Acquisitions (M&A) bounced back in the first quarter after a downbeat 2023, thanks to the return of mega deals, cheering investment bankers and lawyers waiting for a pick-up. Total M&A volumes globally climbed 30% to about $755.1 billion, according to the most recent data from Dealogic. The number of transactions worth more […]

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PM briefed on maritime environment

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday visited the naval headquarters wherein he appreciated the services of Pakistan Navy to safeguard the maritime interest of the country despite limited resources.The prime minister, who was accompanied by the federal ministers, especially lauded the professional response of the navy to foil the recent terrorist attack on a […]

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Mitchell Marsh booked for ‘offending Indian fans’

Following Australia’s emphatic victory over India in the World Cup final, claiming the trophy for the sixth time, a lingering sense of defeat has led to an unexpected controversy with some individuals across India, grappling with the pain of loss, have resorted to venting their frustration on inconsequential matters of little substance. According to a […]

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Govt okays conditional export of flour

ISLAMABAD:   The federal government has allowed the export of flour with the condition that it should be produced from imported wheat, it emerged on Thursday. A notification issued by the commerce ministry read that Export Policy Order 2022 had been amended for this purpose.Commerce ministry sources said there were satisfactory and abundant reserves of […]

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Tax exemptions of Rs50b defy IMF

ISLAMABAD: Pakistan has granted a Rs50 billion annual income tax exemption to two government departments, violating the International Monetary Fund (IMF) programme and its own tax law. This decision faced resistance from tax authorities despite being approved through two Acts of Parliament. Official documents show that the Pakistan Civil Aviation Authority (PCCA) and Pakistan Airports […]

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Cricketer credits consistency, hard work for success

KARACHI: For Kainat Fatima, the odds were always stacked against her. Growing up in Karachi, she had more opportunities than her counterparts in smaller cities and towns. However, for a girl to be out and about in the playground and pursue a sport considered a preserve for men in conservative Pakistan was never easy. “But […]

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Israel blocked from World Ice Hockey championship

PARIS: The International Ice Hockey Federation (IIHF) on Thursday barred Israel from its world championships to ensure the “safety and well-being” of all participants, including Israelis. “The IIHF Council took this decision after careful consideration and based on a risk assessment, discussions with the participating countries, and discussions with the hosts,” the federation said in […]