Author: newsdesk

  • Weather update for third T20 match between Pakistan and England

    Weather update for third T20 match between Pakistan and England

    The third T20I of the four-match series between Pakistan and England will be played today at Sophia Gardens in Cardiff, England. According to ‘The Weather Channel’ rain could spoil the game during the match as there is a 50 percent chance of showers during the day and 40 percent during the night. The match will start at 10:30 PM Pakistan Standard Time (which is 6:30 PM local time).

    England took a 1-0 lead in the series with a 23-run victory in the second T20 on Saturday. The first match at Leeds on Wednesday ended without a ball being bowled. The final match of the series will be played at The Oval on Thursday.

  • Salman Khan’s ‘Sikandar’ likely to star popular actor as villain

    Salman Khan’s ‘Sikandar’ likely to star popular actor as villain

    Bollywood superstar Salman Khan is gearing up for his new film ‘Sikandar’, rumoured to star a ‘Baahubali’ actor in the villain role.

    Directed by AR Murugadoss, ‘Sikandar’- planned for release next year- will commence shooting in June.
    Producer Chithra Laksmanan has announced that South Indian star Sathyaraj will play the villain.
    “Sathyaraj, who played the role of Kattappa in ‘Baahubali’, will be up as villain against Khan in Sikandar,” she confirmed.

    Rashmika Mandanna has been confirmed to play the female lead opposite Salman Khan.

    She wrote her on Instagram story “You guys for a long time have been asking me for the next update and here it is… Surprise!! I am truly grateful and honoured to be a part of #Sikandar,”
    After eight years away from the screen since Akira in 2016, AR Murugadoss is about to return to Hindi cinema.

  • Erica Robin and Mashal Khan condemn assault on Christian man in Sargodha

    Erica Robin and Mashal Khan condemn assault on Christian man in Sargodha

    Earlier in the week, a Christian man was injured in Sargodha by a violent mob, while his house and factory were set on fire on allegations of blasphemy. While police were able to control the situation before it spiralled out of control, the situation was reminiscent of Jaranwala riots for many people.

    Miss Universe Pakistan 2023 Erica Robin and Pakistani actor Mashal Khan have talked about the attempted lynching, asking authorities to protect minority rights.

    Robin posted a powerful message on her Instagram about how minorities in Pakistan face difficulties and why things must change. She said, “It’s sad that minorities in Pakistan aren’t treated the same as the majority. If it wasn’t for the votes of minorities in 1947, Pakistan wouldn’t be here today.

    Even Quaid-e-Azam recognized that minorities played a big part in making Pakistan. But what’s happening in Pakistan now is terrible and has been happening for a long time.”

    Robin spoke up after the terrible attack in Sargodha, saying that this isn’t just one incident. She said, “The recent sad event in Sargodha, where an innocent person was killed, shows how minorities are treated badly. This isn’t the only time it’s happened; there have been other incidents like the Gojra riots, where Ahmadis were targeted, and attacks on Hindu and Christian communities for many years.”

    She also talked about how Pakistan’s blasphemy laws are sometimes used unfairly against minorities. She said, “The blasphemy law in Pakistan has been used unfairly against minorities many times. Most Pakistanis need to speak up and say we should get rid of this law. Minorities are a big part of our country and deserve to be treated fairly and protected.” Robin also shared her love for Pakistan and her hope for things to get better. “We care about our country and are an important part of it. It’s time for things to change.”

    Mashal also used Instagram to speak out against the attacks and highlight the important role minorities played in Pakistan’s history. “I keep having to say the same thing over and over. Minorities helped build Pakistan, and it was meant to protect them too. Muslims were a minority before Pakistan was made and faced hate because of their religion. We can’t let this keep happening in our own country,” Mashal said. The Suno Chanda actor added, “If we let these terrible people get away with this, they’ll feel more powerful. We need to stand up for minorities.”

    The victim, Nazir Gill, was critically injured despite police saving his life. He’s being treated at a hospital. When the angry mob attacked, they wrecked Nazir Gill’s house and factory. Scared, many Christian people ran away from their homes, some taking shelter in churches nearby.

  • Nawaz Sharif set to take PML-N reins after six years

    Nawaz Sharif set to take PML-N reins after six years

    Former Prime Minister Nawaz Sharif is set to take the reins of the Pakistan Muslim League-Nawaz (PML-N) today once again after more than six years.

    Nawaz Sharif will be elected the president of the party through intra-party polls rescheduled from the second week of May to May 28 aka Youm-e-Takbir.

    In 2017, Nawaz lost both the prime minister’s office and the presidency of PML-N after the ruling of the Panama Papers case. Hence, the catchphrase “Mujhy Kyun Nikala” (Why was I removed?) used by the party at that time.

    Rana Sanaullah previously stated that party leaders had a complete consensus on Nawaz being the leader of the party.

  • BCCI receives fake application from Narendra Modi for team coach

    BCCI receives fake application from Narendra Modi for team coach

    The Board of Control for Cricket in Indian (BCCI) has received fake applications for the position of head coach from Narendra Modi, Sachin Tendulkar, Mahendra Singh Dhoni and others.

    According to Indian media reports, the cricket board has received around 3,000 applications including fake ones, for the post.

    In 2022, BCCI received 5,000 applications, including fake ones sent in the name of many well-known personalities.

    The Indian board released an online Google form for head coaches earlier this month and the deadline for submission of applications was May 27.

    The tenure of Indian current head coach Rahul Dravid is ending when T20 World Cup finishes.

  • Israel PM Netanyahu says Rafah strike a ‘tragic accident’

    Israel PM Netanyahu says Rafah strike a ‘tragic accident’

    Israeli Prime Minister Benjamin Netanyahu said on Monday that a deadly strike that hit a displacement camp in Gaza’s Rafah was a “tragic accident” that his government was investigating.

    “In Rafah, we evacuated a million uninvolved residents and, despite our best efforts, a tragic accident happened yesterday,” Netanyahu told parliament.

    He added that “we are investigating the case and will draw the conclusions” after Gaza’s health ministry reported 45 dead as the strike late Sunday sparked a fire that tore through a tent city for displaced Gazans.

    The ministry in the Gaza Strip also said that 249 people were wounded.

    Israel faced a wave of international condemnation on Monday over the Rafah strike, including from across the region as well from the European Union, France, and the United Nations.

    The Israeli military said it had launched a probe into the strike which it said was carried out based on “precise intelligence information” about two Hamas militants who it said were killed.

    It also said “the strike did not occur in the humanitarian area in Al-Mawasi, to which the IDF (army) has encouraged civilians to evacuate” since the ground operation began in Rafah.

    Netanyahu struck a defiant tone in his Knesset address while being heckled by relatives of hostages held in Gaza, and vowed to keep up the battle to destroy Hamas.

    “There is no substitute for absolute victory” in Gaza, he told the chamber.

    Netanyahu denounced pressure, both internal and external, that he said his government has faced since the war in Gaza began.

    “They pressured us then,” said Netanyahu, before listing calls to refrain from military operations which Israel carried out anyway.

    “Don’t enter Gaza. We entered! Do not enter Shifa! We entered! Do not enter Khan Yunis! We entered! Do not enter Rafah! We entered!” he said.

    “I don’t give up and I won’t give up! I stand up to pressures from home and abroad.”

    Israel’s genocide in Gaza has caused the death of 36,050 Palestinians.

    © Agence France-Presse

  • Josh Buttler ruled out of third T20 against Pakistan

    Josh Buttler ruled out of third T20 against Pakistan

    The English captain and his wife are expecting their third child, due to which he will not be available for the team for the third match against Pakistan on Tuesday.

    After winning by 23 runs in the second T20I against Pakistan, English captain Buttler has left for home.

    In place of Butler, Moeen Ali will take the responsibility of captaining the English team.

    The third match of the 4-match T20 series between Pakistan and England will be played tomorrow. The English team has a 1-0 lead in the series.

    The first match between Pakistan and England was canceled due to rain.

  • Honda Atlas records over Rs2 billion profit despite sales decline

    Honda Atlas records over Rs2 billion profit despite sales decline

    Honda Atlas Cars (Pakistan) Limited (HCAR) has reported a remarkable 797 per cent increase in profit-after-tax (PAT), achieving Rs2.33 billion for the fiscal year ending March 31, 2024, despite experiencing a significant drop in sales.

    This is a substantial increase compared to the Rs260.14 million PAT recorded in the previous year.

    The financial statements, released at the Pakistan Stock Exchange (PSX) on Wednesday, show that HCAR’s earnings per share (EPS) soared to Rs16.34, up from Rs1.82 the previous year. 

    The company’s Board of Directors has also announced a final cash dividend of Rs6.5 per share, equivalent to 65 per cent, in contrast to the previous year’s nil dividend.

    The impressive rise in profit is mainly attributed to a significant reduction in other expenses and lower taxation during the period.

    Sales for the year fell by over 42 per cent, from Rs95.08 billion last year to Rs55.07 billion. As a result, the company’s gross profit declined by over 37 per cent, from Rs7.16 billion to Rs4.51 billion. Nevertheless, HCAR’s gross margins improved, rising to 8.2 per cent from last year’s 7.5 per cent.

    There was a 12 per cent increase in administrative expenses, which amounted to Rs1.48 billion, up from Rs1.32 billion in the previous year. However, other expenses saw a dramatic 92 per cent reduction, falling to Rs393.6 million from Rs4.93 billion.

    The finance cost also rose significantly by over 252 per cent, reaching Rs1.22 billion compared to Rs346.1 million last year.

    HCAR reported a profit before taxation (PBT) of Rs2.75 billion, a nearly 39 per cent year-on-year increase. Despite this higher PAT, the company’s tax payments dropped nearly 76 per cent, amounting to Rs418.85 million, down from Rs1.72 billion last year.

  • Gold price increases by Rs800 to Rs240,800 per tola

    Gold price increases by Rs800 to Rs240,800 per tola

    The domestic bullion market experienced a notable rebound on Monday, with the price of 24-karat gold rising by Rs800 to Rs240,800 per tola.

    This increase comes after a week of losses, reflecting a significant shift in the market dynamics.

    The recent surge in gold prices is attributed to a robust rally in the international market. Initially, local gold dealers underpriced the metal by Rs4,000 per tola due to a substantial reduction in purchasing power.

    However, the current rates are now aligned with transparent international pricing, factoring in the exchange rate fluctuations that influenced last week’s decline.

    According to the Karachi Sarafa Association, the price of 24-karat gold increased to Rs206,447 per 10 grammes, marking a rise of Rs686. Similarly, the price of 22-karat gold climbed to Rs189,243 per 10 grammes.

    In contrast, silver prices remained stable in the domestic market. The price for 24-karat silver held steady at Rs2,800 per tola and Rs2,400.54 per 10 grammes.

    On the international stage, gold is currently trading at $2,343.37 per ounce, up by 0.41 per cent or $9.8 compared to the previous close. Investors are closely monitoring the likelihood of U.S. interest rate cuts, particularly ahead of a key inflation report expected later this week.

  • Mukesh Ambani’s gift to son is mind-blowingly expensive

    Mukesh Ambani’s gift to son is mind-blowingly expensive

    Mukesh Ambani, the richest man in India and the tenth richest person worldwide, has the means to spoil his kids, twins Akash and Isha, as well as their younger brother Anant, according to India Today.

    Radhika Merchant and Anant Ambani’s bachelorette celebration cost the rich couple almost INR 1259 crore. Global superstar Rihanna was paid between between INR 66 to INR 74 crore. For the July wedding, the family is now planning to spend double that amount.
    Mukesh Ambani has purchased an opulent beachfront house in Dubai for Anant. The property isn’t just any old villa, but supposedly one of the priciest in all of Dubai, located on the Palm Jumeirah.

    In April 2022, Ambani bought a luxurious 3,000-square-foot home with 10 bedrooms and a private 70-meter beach. According to News18, he paid an astounding INR 640 crore for the mansion. Hindustan Times reported that this was the second-largest residential real estate deal in Dubai.