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ECONOMYNEXT – Sri Lanka has sold 2,500 million rupees of treasury bills offered on tap at average rates of 9.44 percent and 9.95 percent, the public debt management office said, bringing the total of bills sold in the week to 88.983 billion rupees. Total market subscription was 2,500 million rupees.…
Oil and gas major paying off debt with windfall while competitors hand more cash back to shareholders
Pakistan's recurring floods, chronic water shortages and increasingly unpredictable river flows are often cited as evidence that the country needs more dams – a perception which is being reinforced by the Indus Waters Treaty being held in abeyance by India. Storage is certainly important. But…
Can women achieve economic independence through skills alone when institutional inequalities and entrenched misogyny continue to stifle their progress? When discussions turn to women's economic liberation, the conversation often begins with skills. It must also address the systems that determine…
Sindh's water problems are usually framed as scarcity caused by upstream issues - too little snowmelt, too little rainfall, or too little water released downstream. However, some criticis have noted that this line of argument conveniently absolves the Sindh government of fault in the problem -…
Cylinder explosions have become a disturbingly familiar occurrence across Pakistan. The latest tragedy occurred in Tharparkar where nine people perished after an oxygen cylinder reportedly exploded inside an ambulance. That a vehicle meant to save lives could itself become an instrument of death…
A deeply divided Israel might see Benjamin Netanyahu stay on as Prime Minister. The October 27 ballot has returned a hung parliament with neither the Likud-led bloc nor the opposition alliance led by former military chief Gadi Eisenkot securing a simple majority. The composition of the 120-seat…
Seamer Prasidh Krishna has been ruled out of the one-day international leg of India's ongoing tour of New Zealand with a hamstring injury, the Indian cricket board said on Friday. Right-arm bowler Krishna will need additional time to build up the workload required to be ready for matches. The…
Bayern Munich host long-time foes Borussia Dortmund on Saturday after a rollercoaster week punctuated by coach Vincent Kompany's hospitalisation and Harry Kane's Ballon d'Or triumph. Germany captain Joshua Kimmich, a mainstay in Bayern's midfield, has missed three games on compassionate leave due to…
The biggest weekend in Kimi Antonelli's motor racing life so far began in silence on Thursday when he was excused from media duties at the Mexico City Grand Prix due to a viral illness. Instead of attending news conferences and talking to reporters at the Autodromo Hermanos Rodriguez, the…
All eight franchises in the Pakistan Super League (PSL) have unanimously approved the operational framework for the 12th edition of the tournament, agreeing on player retention rules, auction regulations, squad structures and salary caps, the league said on Friday. The agreements were reached at a…
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