Pakistan

Principals demand delay in biannual system and shift to semester format

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The Pakistan Cricket Board (PCB) on Thursday stated that “agenda-driven fake news targeting the character of our players is unacceptable and will not be tolerated”. The development comes after several Indian media outlets reported that an unnamed member of Pakistan’s squad for the ICC Men’s T20 World Cup “misbehaved” with a female housekeeper at a hotel, ahead of their Super Eight match with Sri Lanka in Kandy. A similar report was also carried by ARY News, which alleged that the player in question was Salman Mirza. The report has since been taken down. However, the PCB’s statement did not make specific mention of any news reports or the allegations. “Agenda-driven fake news targeting the character of our players is unacceptable and will not be tolerated,” it said. “The reporter must publicly apologise without delay; failing which, the PCB will take all necessary steps to ensure such malicious conduct is dealt with firmly and nipped in the bud,” the board said, without specifying which reporter it was referri...

Heritage trails planned at Bhati, Mori, Lohari, Mochi, Yakki and Masti gates

Lahore records nine degrees higher temperature than past March average

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Minor girl beaten with iron rods, tied up inside house before rescue

Home dept says celebrations allowed only with safety compliance

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Petition says man, sister were allegedly detained for three days without warrants

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ISLAMABAD: The government on Thursday decided in principle to start weekly revisions for petroleum prices effective from March 8 and to implement measures such as distance learning and work-from-home for the conservation of fuel amid possible oil supply disruptions due to the ongoing conflict in the Middle East. The national action plan was crystallised in consultation with the provinces at a meeting of the cabinet committee formed by Prime Minister Shehbaz Sharif for monitoring petrol prices due to the regional situation. The action plan will be presented to PM Shehbaz on Friday. Subject to his clearance and fine-tuning, it will then be taken up by the federal cabinet’s Economic Coordination Committee for formal approval and implementation. Back-to-back meetings of the three forums are scheduled for Friday, in that order, given the urgency of the matter. According to informed sources, the contingency measures had also been discussed with the International Monetary Fund (IMF). During the meeting of the cabine...

Turmoil in the Middle East has sent investors scrambling for safety once more, reigniting a debate over which assets truly offer protection in times of stress. The choice is complicated, as traditional refuges behave unpredictably. Gold has swung sharply, and the dollar — which has been out of favour in the past year — has bounced back. Here’s a look at how some of the favourites stack up: Greenback passes a test The dollar has arguably performed the best among safe havens this week. The dollar index, which tracks the US currency against six others, is up 1.5 per cent. The dollar has even gained against the Swiss franc and yen, which both typically outperform at times of market stress. That’s particularly notable as the dollar weakened when stocks fell following last April’s tariff turmoil, raising questions about its safe haven status. It’s short-term dollar cash that’s in demand, not other dollar assets, flow data shows. Of course, the US is a net energy exporter, so a crisis like this that sends benchmark ...

The Government of Punjab has appointed grade-20 officer Dr Shehanshah Faisal Azeem as Director General of the Social Welfare and Bait-ul-Mal Department.

Prime Minister Shehbaz Sharif held separate telephone discussions with Malaysian Prime Minister Anwar Ibrahim and Indonesian President Prabowo Subianto amid rising tensions in the Middle East following Israeli strikes on Iran and other Gulf nations.