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  • Top UK universities face funding and foreign student shortage

    Top UK universities face funding and foreign student shortage

    Some of UK’s top universities could see their attractiveness decline due to hits to funding and tighter regulations on overseas students, the annual QS 2025 university rankings warned on Tuesday.

    Four British universities retained their spots in the top 10 of more than 1,000 universities ranked by Quacquarelli Symonds (QS), a benchmark ranking alongside the Times and Shanghai Jiao Tong University.

    Imperial College London, renowned for its science teaching, shot up from sixth to second place, dethroning for the first time the historically dominant “Oxbridge” duo, with Oxford and Cambridge ranking third and fifth respectively.

    More than half (52) of the UK’s universities were bumped down on the list, out of the 90 that were part of the ranking.

    “This year’s results suggest that British higher education has limited capacity remaining to continue excelling in the face of funding shortages, drops in student applications,” and restrictions affecting the intake of international students, said head of QS Jessica Turner.

    In the last few months, the Conservative government has introduced several measures to reduce regular migration which it judges to be too high.

    These including barring overseas students from bringing dependents and hiking the minimum salary needed for skilled workers visas.

    The policies have been criticised by universities, whose budgets are heavily dependent on the higher fees paid by international students.

    In the first four months of the year, 30,000 fewer student visa applications were made than in the same period in 2023, according to government statistics.

  • T20 World Cup 2024: Netherlands defeats Nepal by six wickets

    T20 World Cup 2024: Netherlands defeats Nepal by six wickets

    In T20 World Cup match, Netherlands defeated Nepal by six wickets in Dallas.

    Netherlands won the toss and put Nepal to bat first.

    First inning:

    Batting first Nepal bowled out for 106 runs in the last over. Rohit Poodle played a remarkable innings of 35 runs with the help of five fours.

    Van Beek and Tim Pringle took three each while McCrane and De Ledde dismissed two players each for the Netherlands.

    Second inning:

    In response, Netherlands achieved the target in the 19th over at the loss of four wickets.

    Max Dawood played an unbeaten innings of 54 runs, Vikramjit Singh scored 22 runs, Tim Pringle was declared the player of the match.

  • Bushra Bibi files petition for early hearing in Iddat case

    Bushra Bibi files petition for early hearing in Iddat case

    Bushra Bibi, the wife of former Prime Minister Imran Khan, has filed a petition for an early hearing in the Iddat case on Tuesday. This is the only case left as a hurdle for the couple to get out of Adiala jail. 

    The former first lady requested the district and sessions court to fix the case for hearing this week as petitions have already been filed.
    The court has set the hearing for June 7 following the plea filed by Bushra Bibi, onw day after the Islamabad High Court accepted District and Sessions Judge Shahrukh Arjumand’s request to transfer the iddat case to another court.

    After the judge’s request, the IHC transferred the case to the Additional District and Sessions Judge Muhammad Afzal Majuka.

  • Shaheen Shah Afridi withdraws from ‘The Hundred League’

    Shaheen Shah Afridi withdraws from ‘The Hundred League’

    Pakistan cricket team fast bowler Shaheen Shah Afridi has withdrawn from England’s ‘The Hundred League’.

    According to details, the fast bowler is in talks with Canada’s Global T20 League after leaving The Hundred League. Schedules of both the series are clashing. Welsh Fire had retained Shaheen for €100,000.

    The 24-year-old has explained to the England Cricket Board (ECB) that he wants to leave The Hundred to spend time with his family. The Hundred League will be played from July 23 to August 18, while The Global T20 League is expected to be played from July 25 to August 11. He already has a long contract with Desert Vipers in the ILT Twenty.

    Shaheen said, “I regret not playing with Welsh Fire this year. I enjoyed last season at The Hundred and was excited to be back in Cardiff. I wish him all the best for the upcoming season with Welsh Fire.”

    Welsh Fire has replaced Shaheen Afridi with New Zealand’s Matt Henry.

  • Imad Wasim ruled out of T20 match against USA

    Imad Wasim ruled out of T20 match against USA

    Pakistan all-rounder Imad Wasim has been ruled out of the first match of the World Cup against USA.

    Confirming his unavailability, captain Babar Azam said, “Imad Wasim is suffering from a side strain due to which he will not be able for the first match but I am hopeful that he will be available for the remaining matches.”

    Pakistan will play the first match in the World Cup against the USA on June 6, while the USA has won their first match against Canada.

  • Govt’s debt rises to Rs5.53 trillion with recent Rs35.4 billion borrowing

    Govt’s debt rises to Rs5.53 trillion with recent Rs35.4 billion borrowing

    The government of Pakistan has secured an additional debt of Rs35.4 billion during the week ending on May 24, 2024, bringing the total net borrowing for the ongoing fiscal year 2024 to Rs5.53 trillion, according to the latest estimates from the central bank.

    Government borrowings this fiscal year have consistently outpaced those of previous years, indicating a persistent reliance on external financing. The borrowing is classified into three primary categories: budgetary support, commodity operations, and other purposes.

    For the week in question, net borrowing for budgetary support amounted to Rs24.52 billion, while loans for commodity operations totaled Rs13.07 billion. Conversely, a net amount of Rs2.19 billion was repaid under the “others” category.

    Cumulatively, for fiscal year 2024, borrowings for budgetary support have reached Rs5.68 trillion. In contrast, there has been a retirement of Rs149.47 billion in loans for commodity operations and Rs5.48 billion for other categories.

    The principal sources of financing for budgetary support are the State Bank of Pakistan and scheduled banks. This fiscal year, the government has repaid a net total of Rs1.07 trillion to the central bank. This repayment includes Rs598.84 billion by the Federal Government, Rs423.28 billion by the Provincial Government, Rs38.19 billion by the AJK Government, and Rs5.16 billion by the GB Government.

    On the other hand, scheduled banks have lent a net total of Rs6.75 trillion. The Federal Government borrowed Rs6.9 trillion from these banks, while the Provincial Government retired Rs151.49 billion.

    This pattern of borrowing underscores the government’s heavy dependence on domestic financial institutions to meet its budgetary needs amidst ongoing economic challenges.

  • Gold price increases by Rs700 to Rs241,000 per tola

    Gold price increases by Rs700 to Rs241,000 per tola

    The price of gold in Pakistan saw a notable increase on Tuesday, with 24-karat gold reaching Rs241,000 per tola, marking a Rs700 rise from the previous session.

    This hike comes despite efforts to maintain prices below their actual value to accommodate the reduced purchasing power among consumers. Currently, gold prices are set Rs3,000 lower than their market cost.

    In a broader context, last week witnessed a mild recovery in Pakistan’s bullion market. The price of 24-karat gold edged up by Rs300, settling at Rs240,300 per tola.

    The Karachi Sarafa Association reported an additional increase this week, with 24-karat gold rising by Rs600 to Rs206,619 per 10 grammes. In comparison, 22-karat gold was priced at Rs189,400 per 10 grammes.

    Silver prices remained stable, with 24-karat silver selling for Rs2,900 per tola and Rs2,486.28 per 10 grammes.

    On the international stage, spot gold traded near $2,331.69 an ounce, experiencing a decline of 0.81 per cent from the previous close. The global gold market is currently influenced by uncertainties surrounding potential interest rate cuts by the Federal Reserve.

    This ambiguity has caused confusion among market participants regarding the future trend of inflation, contributing to the recent depreciation in gold prices.

    The fluctuating gold prices in Pakistan reflect a combination of local economic conditions and international market trends, illustrating the intricate balance between domestic fiscal strategies and global economic influences.

  • Sania Mirza: ‘Abhi love interest dhoondna hai’

    Sania Mirza: ‘Abhi love interest dhoondna hai’

    A video of Indian tennis player Sania Mirza is circulating on social media in the newly released teaser for the upcoming episode of ‘The Great Indian Kapil Show’ on Netflix, which features the tennis ace alongside fellow Indian female athletes Saina Nehwal and Mary Kom.

    Host Kapil Sharma said, “Shahrukh Khan once said he’d love to play Sania Mirza’s love interest in a biopic about her life.”
    Sania Mirza replied, “Abhi mujhe pehle love interest dhundna hai (I have to find a love interest first).”

    Sania was married to Pakistani cricketer Shoaib Malik from 2010 until 2024, when her father confirmed that she filed for a divorce (known as Khula) after Shoaib announced his third marriage to actress Sana Javed.

  • Netizens react hilariously to Behroze Sabzwari’s remarks about Khan’s drinking

    Netizens react hilariously to Behroze Sabzwari’s remarks about Khan’s drinking

    Renowned Pakistani actor Behroze Sabzwari recently appeared on a podcast with Adnan Faisal on his YouTube channel FHM Pakistan in which he defended Chairman PTI Imran Khan’s character by stating, “I’ve shared a drink with him [Imran Khan] on numerous occasions, and he has never consumed more than one.”

    As expected, the small clip has gone viral on social media websites and people have opinions.

    One user posted that the hilarious situation is like a friend defending him in front of his father.

    Many users pointed out the apparent hypocrisy in former Prime Minister Imran Khan’s speeches about developing “Riyasat-e-Madina” – a model of Islamic State founded on Islamic principles and laws.

    And then there were also PTI-supported accounts, some of whom claimed the video was “fake” and “propaganda”.

  • Bollywood actress Kangana Ranaut leads in Lok Sabha elections

    Bollywood actress Kangana Ranaut leads in Lok Sabha elections

    Bollywood actress Kangana Ranaut who contested from a BJP ticket in Himachal Pradesh for the first time, has taken a significant lead over her rival candidate. She had 325,925 votes while the Congress candidate Vikramaditya Singh had 283,101 votes.
    In an interview to Indian media, Kangana said, “I’m not going anywhere! I’m here to serve the people of Himachal Pradesh.”
    When asked about the trend of decreasing votes for Modi’s party, she laughed saying, “Maybe someone else will have to pack their bags and leave”