Author: Faisal Shahnawaz

  • Arsenal Stun Real Madrid to Reach Champions League Semi-Final

    Arsenal Stun Real Madrid to Reach Champions League Semi-Final

    Arsenal fans were treated to a European night for the ages as their team pulled off a stunning 2-1 victory over Real Madrid at the Santiago Bernabeu, securing a 5-1 aggregate win and booking a place in the UEFA Champions League semi-finals for the first time since 2009.

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  • CCP Slaps Rs25 Million Penalty on Hyundai Motors for Deception

    CCP Slaps Rs25 Million Penalty on Hyundai Motors for Deception

    Islamabad, April 16, 2025 – The Competition Commission of Pakistan (CCP) has imposed a hefty fine of Rs25 million on Hyundai Nishat Motors for deceptive marketing practices surrounding the highly anticipated 2020 launch of its Tucson SUV.

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  • Hailstorm Delays Islamabad United vs Multan Sultans PSL Clash

    Hailstorm Delays Islamabad United vs Multan Sultans PSL Clash

    Rawalpindi, April 16, 2025 – A sudden hailstorm in Rawalpindi caused a significant delay in the much-anticipated Pakistan Super League (PSL) 10 match between Islamabad United and Multan Sultans, originally scheduled to begin at 8:00 PM at the Rawalpindi Cricket Stadium.

    The hailstorm, accompanied by overnight rain, left the outfield drenched and unfit for immediate play. Officials confirmed that Islamabad experienced heavy rain a few hours prior to the match as well, adding to the wet conditions on the ground. The toss was officially delayed, though with the skies now clear and no rain in sight, fans remain hopeful that play will commence soon.

    The Rawalpindi pitch has delivered high-scoring encounters throughout the season, with several 200-plus totals already posted. However, it has proved difficult for teams chasing big targets, putting added pressure on the side batting second.

    Multan Sultans, despite boasting a powerful lineup, have had a shaky start to the tournament. In their opening game, they piled up a colossal 234 runs against Karachi Kings but still ended on the losing side. Skipper Mohammad Rizwan struck a brilliant century and was well-supported by Michael Bracewell. However, Multan’s bowling attack faltered in the face of James Vince’s explosive counterattack. Only Akif Javed managed to impress with the ball. Heading into this match, Multan will need a more cohesive bowling effort to challenge a confident Islamabad side.

    Meanwhile, Islamabad United have looked like a well-oiled machine, securing convincing wins against both Lahore Qalandars and Peshawar Zalmi. Currently leading the points table, Islamabad appear determined to defend their title. Sahibzada Farhan’s stunning century in the previous match set the tone, while contributions from Colin Munro and Salman Agha have strengthened their batting depth. With the ball, Jason Holder and captain Shadab Khan have been exceptional.

    As fans in Islamabad and Multan await updates, all eyes are on the ground staff to make the field playable. With stakes high, both teams are eager to resume action and gain vital points in their PSL campaigns.

  • KIBOR – Karachi Interbank Offered Rates on April 16, 2025

    KIBOR – Karachi Interbank Offered Rates on April 16, 2025

    The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Wednesday, April 16, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.

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  • P@SHA Recommends Continuation of Final Tax Regime

    P@SHA Recommends Continuation of Final Tax Regime

    Karachi, April 16, 2025: The Pakistan Software Houses Association (P@SHA) has urged the federal government to extend the Final Tax Regime (FTR) for the IT and IT-enabled services (ITeS) sector for another 10 years, emphasizing its critical role in maintaining growth momentum, attracting foreign investment, and supporting Pakistan’s digital economy.

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  • PKR vs USD, April 16, 2025: Interbank Rupee Strengthens

    PKR vs USD, April 16, 2025: Interbank Rupee Strengthens

    Karachi, April 16, 2025: The Pakistani rupee strengthened slightly against the US dollar on Wednesday, gaining 11 paisas in the interbank foreign exchange market.

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  • SBP Releases Foreign Currency Rates for April 16, 2025

    SBP Releases Foreign Currency Rates for April 16, 2025

    On April 16, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.

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  • Latest Bitcoin (BTC) Price Today – April 16, 2025

    Latest Bitcoin (BTC) Price Today – April 16, 2025

    On April 16, 2025, the latest exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:

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  • Latest Ripple (XRP) Price Today – April 16, 2025

    Latest Ripple (XRP) Price Today – April 16, 2025

    On April 16, 2025 the latest exchange rates of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:

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  • Latest Dogecoin (DOGE) Price Today – April 16, 2025

    Latest Dogecoin (DOGE) Price Today – April 16, 2025

    On April 16, 2025, the latest exchange rates of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:

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