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  • India’s Modi readies for third term after securing coalition

    India’s Modi readies for third term after securing coalition

    Indian Prime Minister Narendra Modi was preparing Thursday to be sworn in for a third term after an unexpectedly close election that forced his party into a coalition government.

    Modi’s Hindu-nationalist Bharatiya Janata Party (BJP), which ruled for the past decade with an outright majority, had been expecting another landslide win.

    But results of the six-week election released Tuesday ran counter to exit polls, seeing the BJP lose its majority and sending it into quick-fire talks to lock in a 15-member coalition that would allow it to govern.

    That grouping — the National Democratic Alliance (NDA) — announced late Wednesday that they had agreed to form a government.

    “We all unanimously choose respected NDA leader Narendra Modi as our leader,” a BJP-issued alliance statement said.

    The alliance holds 293 seats in parliament, giving it control of the 543-seat body.

    Indian media reports said Modi would be sworn in as prime minister on Saturday.

    Modi’s new reliance on “the minefield of coalition politics” means he faces the prospect of a far tougher-than-expected third term, the Hindustan Times warned in its Thursday editorial.

    “Consensus building will have to be the bedrock of governance,” it added, noting the right-wing BJP will have to “recalibrate its expansion plans”.

    ‘New chapter of development’

    While Modi faces a more complicated political environment at home, he won the plaudits of leaders around the world.

    US President Joe Biden congratulated Modi on his coalition’s victory, and the State Department said the United States hoped to work with the Hindu nationalist leader on a “free and open” Asia.

    “The friendship between our nations is only growing,” Biden wrote, while French President Emmanuel Macron congratulated his “dear friend”.

    China congratulated Modi and said it was “ready to work” with its neighbour, while the coalition’s win was also applauded by Britain, the European Union, Japan and Russia.

    Modi, 73, insisted on Tuesday night that the election results were a victory that ensured he would continue his agenda.

    “Our third term will be one of big decisions and the country will write a new chapter of development,” Modi told a crowd of cheering supporters in the capital New Delhi after his win. “This is Modi’s guarantee.”

    ‘Play the coalition game’

    Commentators and exit polls had projected an overwhelming victory for Modi, who critics have accused of leading the jailing of opposition figures and trampling on the rights of India’s 200-million-plus Muslim community.

    But the BJP secured 240 seats in parliament, well down from the 303 it won five years ago and 32 short of a majority on its own.

    The main opposition Congress party won 99 seats in a remarkable turnaround, almost doubling its 2019 tally of 52.

    “Today’s masters are not as strong as they were,” Christophe Jaffrelot, a professor at King’s College London, wrote in The Hindu daily on Thursday.

    “For the first time in his political career, Narendra Modi will have to play the coalition game.”

    Congress party president Mallikarjun Kharge said the result was a vote against Modi “and the substance and style of his politics”.

    “It is a huge political loss for him personally, apart from being a clear moral defeat as well,” he told party leaders at an opposition alliance meeting.

    In a personal sting, Modi was re-elected to his constituency representing the Hindu holy city of Varanasi with a far lower margin of 152,300 votes. That compared with nearly half a million votes five years ago.

    “Elections expressed a yearning for the defence of constitutional values and citizen dignity,” Ashutosh Varshney, a political scientist at Brown University, wrote in the Indian Express on Thursday.

    Varshney argued Modi’s setback reflected concerns about what the “idea of India” meant to voters — against a backdrop of a “rise of animosities and polarisation in society, people’s concern about rights and the steeply rising inequalities”.

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    © Agence France-Presse

  • Mohsin Naqvi gets team’s hotel changed

    Mohsin Naqvi gets team’s hotel changed

    Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi took strict notice of the national team’s stay at a New York hotel located 90 minutes away from the stadium, leading to a change in hotel.

    Earlier the hotel where the team had to stay was a 90-minute drive from the stadium, but the changed hotel is just five minutes away from the stadium.

    The Indian cricket team is housed just 10 minutes away from the ground in New York, while other teams’ hotels are more than an hour away.

    South Africa and Sri Lanka have already expressed concerns over the facilities provided during their stay in New York.

    According to Geo sources, PCB Chairman Mohsin Naqvi made it clear to the International Cricket Council (ICC) that if the Pakistani team’s hotel has not changed, he would shift the team to a better and more convenient place at PCB’s expense.

    The national team will leave for New York immediately after the match against USA today, to play a highly-anticipated match against India on June 9 and one against Canada on June 11. The last match of the first round will be against Ireland on June 16.

  • T20 World Cup: Uganda’s Frank Nsubuga creates history

    T20 World Cup: Uganda’s Frank Nsubuga creates history

    Ugandan bowler Frank Nsubuga has created new history in the ongoing T20 World Cup in America and West Indies on Thursday.

    Chasing the target of 78 runs, Uganda lost five wickets against Papua New Guinea at just 26 runs, but thanks to Riazat Ali Shah’s excellent knock of 33 runs, Uganda achieved the target in the 19th over.

    This success was not only historic for Uganda, but the country’s 43-year-old spinner also made history in the match.

    He bowled the best spell in T20 World Cup history, taking two wickets for just four runs in four overs.

  • Budget 2024-25: Pakistan Stock Exchange proposes tax reforms for economic growth

    Budget 2024-25: Pakistan Stock Exchange proposes tax reforms for economic growth

    Pakistan Stock Exchange (PSX) has forwarded a series of significant tax proposals to both the Ministry of Finance (MoF) and the Federal Board of Revenue (FBR) for potential inclusion in the upcoming federal budget for the fiscal year 2024-25.

    These proposed measures are designed to not only bolster revenue but also to incentivise the allocation of resources towards sectors of the economy that are both productive and officially documented. This move is deemed critical for fostering economic growth and generating employment opportunities across Pakistan.

    Notably, PSX has experienced a marked upswing in its performance, largely attributed to recent stability measures implemented within the broader macroeconomic landscape. In the outgoing year alone, the market capitalisation has surged by nearly Rs4 trillion, signifying a substantial boost to economic prosperity.

    Furthermore, foreign investments totaling approximately $132 million have flowed into the country through the stock market since July 2023, underscoring the significance of the stock market in attracting foreign capital.

    It is imperative that both the Ministry of Finance and the FBR carefully evaluate the proposals put forth by PSX to ensure that the stock market remains a vital contributor to economic growth, tax revenues, foreign investment inflows, and the formalisation of the economy. This strategic move is crucial for sustaining the positive momentum witnessed in both the capital market and broader economic recovery efforts.

    PSX stresses the importance of prioritising comprehensive documentation of all economic activities, with capital markets representing one of the most meticulously documented sectors within the economy. A robust capital market ecosystem not only aligns with key economic and social objectives but also serves as a catalyst for expanding the taxpayer base, augmenting savings and investment rates, and mitigating wealth disparities.

    To realise these overarching objectives, investors necessitate a conducive and predictable tax regime. As such, Pakistan Stock Exchange has articulated a range of proposals to the Ministry of Finance and the Federal Board of Revenue, all aimed at fostering a favorable environment for investment and economic growth in the fiscal year 2024-25.

  • T20 World Cup 2024: India defeat Ireland by 8 wickets

    T20 World Cup 2024: India defeat Ireland by 8 wickets

    In the eighth match of the Men’s T20 World Cup, India started the tournament victoriously by defeating Ireland by 8 wickets.

    Indian captain Rohit Sharma won the toss and invited Ireland to bat first.

    Ireland’s inning

    Ireland’s batting line failed miserably in front of India’s brilliant bowling and the entire team was bowled out for 96 runs in 16 overs.

    For Ireland, Gareth Delaney was outstanding with 26 runs while Joshua Little scored 14 runs and Curtis Kumfer scored 12 runs. Apart from this, Tucker was dismissed for 10 runs.

    On behalf of India, Hardik Pandya dismissed 3 players, Arsdeep Singh and Bumrah took 2 wickets each.

    India’s inning

    India easily achieved Ireland’s target of 97 runs for the loss of 2 wickets in 12.2 overs. Captain Rohit Sharma stood out with 52 runs while Rishabh Pant remained unbeaten with 36 runs.

    Virat Kohli and Surya Kumar Yadav were dismissed for 2 runs, captain Rohit Sharma retired hurt.

  • Business community seeks budgetary reforms to promote industry growth

    Business community seeks budgetary reforms to promote industry growth

    The business community has called for comprehensive reforms and increased facilities in the upcoming 2024-25 budget to promote industry growth by broadening the tax base.

    According to APP, Ahsan Zafar Bakhtawri, President of the Islamabad Chamber of Commerce and Industry (ICCI), revealed that consultations with the business community have concluded, and their budget proposals have been submitted to the relevant ministry.

    Bakhtawri emphasised the importance of incorporating these proposals into the Federal Budget 2024-25, stating that their implementation would address critical trade and industry issues, enhance business growth, improve government tax revenue, and aid in economic revival.

    He noted that, as in previous years, the ICCI had forwarded its budget recommendations to the Finance Ministry with the expectation of their acceptance.

    He urged the government to engage with the business community and form joint committees at the district level to expand the tax net.

    He also stressed the necessity of enforcing penalties against tax evaders. Furthermore, Bakhtawri suggested that the National Tax Number (NTN) should be mandatory for opening bank accounts and for property and vehicle transactions.

    In a related statement, Karim Aziz, Chairman of the FPCCI Capital Office, echoed these sentiments. Aziz indicated that the chamber had proposed tax reforms to broaden the tax base, aiming to rejuvenate the country’s businesses. He urged the government to consult with all stakeholders in preparing the federal budget.

    Aziz confirmed that the FPCCI had finalised its budget proposals and submitted them to the relevant ministries, advocating for their inclusion in the Federal Budget 2024-25. He reiterated that implementing these proposals would address key trade and industry challenges, facilitate business growth, boost tax revenue, and support economic revival.

    He called for a reformed and simplified taxation system developed in consultation with genuine stakeholders. Aziz also highlighted the need for the upcoming budget to focus on ease of doing business, which would attract much-needed investment and stimulate economic growth.

    Additionally, Aziz stressed the need to enhance exports, reduce imports, and incentivise expatriates to invest in Pakistan.

    The business community’s recommendations reflect a concerted effort to foster an environment conducive to industrial and economic growth, urging the government to consider these proposals seriously in the upcoming budget.

  • Gandapur once again has meltdown about Governor Kundi

    Gandapur once again has meltdown about Governor Kundi

    Chief Minister of Khyber Pakhtunkhwa (KP) Ali Amin Gandapur once again used ugly words while lashing out at Governor KP Faisal Karim Kundi during talks with journalists saying, “You [Kundi] yourself are a thief, so is your leader. To hell with your alliance.”

    “He [Kundi] has crossed the limits many times and uses my name often so I call out his name and he gets some views on TikTok,” exclaimed the CM KP.

    Gandapur used uncouth language during the tirade against the PPP leader and stated, “You’re worth nothing, I can kick you out of the Governor House today.”

  • ‘Agar ye yari dosti team hai to mein kiyo bahir hu’; Imam shuts down Ahmed Shehzad

    ‘Agar ye yari dosti team hai to mein kiyo bahir hu’; Imam shuts down Ahmed Shehzad

    Former opener Ahmed Shahzad criticized national cricket team skipper Babar Azam for allegedly including his friends in the squad.

    On the YouTube channel ‘Harna Mana Hai’ there was a debate between national team opener Ahmed Shahzad and Imam ul Haq over Babar Azam’s captaincy, in which Imam was seen defending Babar while Ahmad Shahzad took exceptions with his decisions.

    Shehzad alleged that Babar Azam included his friends in the team who were not performing to which Imad replied, “I am counted among Babar’s friends, but I am out of the T20 team.”

    Talking about Babar’s captaincy, Imam said, “The Pakistan Cricket Board (PCB) made him captain again. He did not ask the board to give me leadership duties. The authority to give and take captaincy is with the board.”

    Program host Tabish Hashmi asked, “Imad Wasim and Mohammad Amir are not friends with Babar Azam, everyone knows, but they are back in the playing XI today.” To which Shahzad replied, “They are playing because both have connections with the board’s top officials. They invited Imad and Amir back to the team.”

    The Pakistan team is currently playing in the T20 World Cup in the USA.

  • Tokyo govt to launch dating app to boost birth rate

    Tokyo govt to launch dating app to boost birth rate

    Japan’s capital will launch its own dating app as early as this summer as part of government efforts to boost the plunging national birth rate, a Tokyo official said Tuesday.

    Users will be required to submit documentation proving they are legally single and sign a letter stating they are willing to get married.

    Stating one’s income is common on Japanese dating apps, but Tokyo will require a tax certificate slip to prove the annual salary.

    “We learned that 70 percent of people who want to get married aren’t actively joining events or apps to look for a partner,” a Tokyo government official in charge of the new app told AFP.

    “We want to give them a gentle push to find one,” he said.

    It’s not unusual for municipalities to organise matchmaking events in Japan, where births dropped to a new low in 2023, but it is rare for a local government to develop an app.

    An interview will be required to confirm a user’s identity as part of the registration process for the Tokyo app, which has been on a test run for free since late last year.

    Many social media users expressed scepticism over the plans, with one saying, “is this something the government should be doing with our tax?”

    Others wrote they were interested as they would feel safer.

    Last year Japan recorded more than twice as many deaths as new babies.

    Births fell for the eighth consecutive year to 758,631, a drop of 5.1 percent, preliminary government data showed. The number of deaths stood at 1,590,503.

    The nation is facing growing labour shortages, and Prime Minister Fumio Kishida has promised policies including financial aid for families, easier childcare access and more parental leave.

  • Kya Ali Sethi bhee Indian elections contest kar rahay thay?

    Kya Ali Sethi bhee Indian elections contest kar rahay thay?

    Ali Sethi’s doppelganger may have lost the election in India, but the singer is winning the internet with his hilarious response.

    Yesterday Sethi shared a screenshot of an election contestant on Instagram and captioned it, “Apparently I lost some votes in India.”
    The screenshot has gone viral on social media.

    India’s elections, which took place from April 19 to June 1, are now being tallies. The results are generating widespread interest and media coverage, both in India and around the world.
    Here are some comments with fans joking about Ali Sethi being an Indian citizen and asked him when wouldhe perform in New Delhi.