Blog

  • Indian team likely to play all Champion Trophy matches in one city

    Indian team likely to play all Champion Trophy matches in one city

    It has been proposed by Pakistan Cricket Board (PCB) to schedule the matches of the Indian team in the same city in the first round of the Champions Trophy. This proposal aims to reduce the travel of the Indian team during their stay in Pakistan, Geo has reported.

    According to sources, the PCB has sent the initial draft schedule of the Champions Trophy to the International Cricket Council (ICC) on which the ICC will now take feedback from other countries.

    ICC Champions Trophy 2025 is scheduled to be held in Pakistan in February in three venues- Karachi, Lahore and Rawalpindi.

  • US Federal Reserve holds interest rates steady for sixth consecutive meeting

    US Federal Reserve holds interest rates steady for sixth consecutive meeting

    The US Federal Reserve has once again left interest rates unchanged, maintaining its current rate at 5.25 per cent to 5.5 per cent.

    This marks the sixth consecutive meeting where the central bank has opted to hold steady, reflecting a cautious approach amid persistent inflation concerns.

    In a statement released by the Federal Open Market Committee (FOMC) on Wednesday, the central bank acknowledged that while inflation has eased over the past year, it remains elevated.

    “In recent months, there has been a lack of further progress towards the Committee’s 2 per cent inflation objective,” the FOMC noted.

    The Committee indicated that it does not plan to reduce the target range until it has greater confidence that inflation is consistently trending towards the 2 per cent goal.

    This stance has kept interest rates at a 23-year high since July last year, suggesting the Federal Reserve’s focus on managing inflation risks.

    The decision to leave rates unchanged aligned with market expectations, which had largely anticipated a rate pause.

    In a related development, the Federal Reserve announced that it would slow its pace of quantitative tightening starting June 1.

    The Fed will reduce the cap on Treasury securities rolling off its balance sheet to $25 billion per month, down from the previous cap of $60 billion. However, the pace of runoff for mortgage-backed securities will remain at $35 billion per month.

    The FOMC’s decision did not significantly alter market expectations for the trajectory of interest rates in 2024.

    The market remains divided on whether a rate cut will occur by September, with about 50/50 odds. As of now, only one rate cut is fully priced in for the entire year.

    It’s worth noting that at the beginning of 2024, the market had priced in an 80 per cent chance of a rate cut starting in March, with a total of six cuts projected throughout the year.

    This shift in expectations underscores the uncertainty surrounding the Federal Reserve’s future policy decisions as it navigates the ongoing challenges of inflation and economic stability.

  • April was Bitcoin’s worst month since late 2022 as investors took profits

    April was Bitcoin’s worst month since late 2022 as investors took profits

    Bitcoin experienced a significant downturn for the third day in a row on Wednesday, capping off its worst monthly performance in April since late 2022.

    This downward trend comes as investors shifted their focus away from cryptocurrencies in anticipation of the Federal Reserve’s upcoming interest rate decision.

    The world’s most traded cryptocurrency fell nearly 16 per cent throughout April as investors cashed in their gains from a recent rally.

    Bitcoin had reached record highs, topping $70,000, but the recent slide has taken the price to $57,055, a 4.7 per cent drop and its lowest point since late February.

    Ether, the second-largest cryptocurrency by market cap, also saw a decline, falling 3.6 per cent to $2,857, its weakest level since February.

    The sharp downturn has pushed bitcoin into bear market territory, with its current price sitting 22 per cent below its March peak of $73,803.

    Despite this, Bitcoin has still achieved a 35 per cent increase so far in 2024 and has doubled its value compared to the same time last year.

    This surge in value was largely driven by significant investments in newly launched exchange-traded funds (ETFs) at the beginning of the year.

    According to Matteo Greco, a research analyst at Fineqia, the recent decline in bitcoin’s price is due to profit-taking by investors who entered the market during the downturns of 2022 and 2023.

    Additionally, ETF investors, who saw their shares appreciate significantly in early 2024, also contributed to the sell-off as they locked in profits.

    Looking at the broader economic landscape, the Federal Reserve is not expected to change interest rates later this week.

    However, a growing consensus among investors suggests that the central bank may refrain from cutting rates altogether in 2024.

    This uncertainty has cast a shadow over interest rate-sensitive assets, including cryptocurrencies, emerging market stocks, bonds, and even commodities. Investors are adjusting their portfolios accordingly.

    The 10 largest U.S. spot bitcoin ETFs have seen their biggest weekly outflow since their inception earlier this year, highlighting the impact of shifting investor sentiment on the cryptocurrency market.

    As the market reacts to both macroeconomic factors and investor behavior, the coming days will be crucial in determining whether this downtrend continues or stabilizes.

  • Avicenna College case: PMDC to initiate probe into girl’s death

    Avicenna College case: PMDC to initiate probe into girl’s death

    The Avicenna Medical College continues to spiral deeper into controversy with Pakistan Medical and Dental Council (PMDC) taking notice of the death of a female student, and launching a probe into the matter, reports Dawn.

    On the other hand, University of Health Sciences (UHS) has taken up the serious complaints of students about imposition of heavy fines, harassment, torture and physical punishments. It has directed all the affiliated public and private sector medical colleges of Punjab to establish ‘Students Counselling Cells (SCCs)’, to be constituted of senior faculty members, including teachers from the psychiatry departments, besides the students themselves to address the issues of harassment of any kind and other such complaints. It declared the setting up of cells mandatory to prevent incidents like the one that recently surfaced at the Avicenna Medical College in Lahore.


    The decision was made in a meeting chaired by UHS Vice Chancellor Prof Dr Ahsan Waheed Rathore, exclusively called after the mysterious death of a girl student, Mahnoor Nadeem, of the Avicenna Medical College, followed by a protest by its students.


    The students had alleged that the girl had died due to mental stress she had to suffer in the ‘toxic environment’ created by the college management. They condemned the college’s owner and the faculty for imposing heavy fines, ranging from Rs50,000 to Rs100,000, and strict punishments and humiliation.


    “It is our duty to ensure the holistic well-being of our students, particularly in light of the demanding nature of professional education in the medical and dental fields,” reads a letter issued by the Vice Chancellor to all the 12 public and 44 private medical institutes of Punjab. The letter was addressed to the principals of the medical colleges.


    “I am writing to emphasize the importance of paying special attention to the psychological well-being of our students. The rigors of professional education can often take a toll on their mental health, and it is imperative that we provide them with the necessary support and guidance to navigate through these challenges successfully,” reads the letter.


    The UHS VC urged the principals to consider establishing a dedicated students counselling cell at their institutions.


    Answer within 72 hours


    Additionally, the Avicenna Medical College has been directed to give its point of view within 72 hours so that responsibility could be ascertained.
    “The PMDC, as the apex regulatory body for medical and dental education in Pakistan, is deeply saddened by the loss of a promising medical student and extends its heartfelt condolences to the family and loved ones affected by this unfortunate incident.


    “In line with its commitment to upholding the highest standards of professionalism, ethics, and patient care, the PMDC has initiated a thorough investigation to ascertain the facts surrounding the incident,” the statement issued by the council stated.


    PMDC President Prof Dr Rizwan Taj stated, “We are deeply concerned about the circumstances leading to the untimely demise of a medical student and are committed to ensuring that justice is served. The welfare and well-being of students are of paramount importance to us, and any form of misconduct or mistreatment will not be tolerated.”


    He also added that Mahnoor’s family will be welcomed to reach the council to file the complaint.


    The PMDC will also collaborate with relevant authorities and stakeholders to implement measures aimed at preventing similar incidents in the future.

  • India’s ‘Don’t guess the age’ is the trend we want to see in Pakistan

    India’s ‘Don’t guess the age’ is the trend we want to see in Pakistan

    ‘Don’t guess the age’ is a new trend seen on Indian Twitter, and it has caught our eye. We sure want to see it in Pakistan.

    We despise the very common age-shaming in our desi culture, it is high time that we start embracing that age is just a number. It’s not creases on the face but the coolness of the spirit that matters the most.

    It all started with activist Viji Venkatesh posting an uber-cool and stylish picture of hers on X that prompted people to appreciate their own age and the coolness that comes with it.


    She captioned it, “Don’t guess the age, I’m 72 and killing it. #nofilterneeded”

    Her friends and other X users started posting pictures of themselves. Author Rana Safvi posted a picture with the caption, “Don’t guess the age, I’m 67 and trying to emulate dear Viji as far as the coolness quotient is concerned.” She also stressed it by adding #nofilterneeded

    Filmmaker and human rights activist Onir posted a picture of him smiling at an event and reiterated the point of no filter needed with the caption, “Don’t guess the age, I am 55.”

    The thread kept on expanding as an academician Latika posted a picture of hers playing basketball with the caption, “Don’t guess the age, I am 53 and some more.”

    Climate activist Natasha Ramaratham embraced the #nofilterneeded trend by posting a picture of her carrying a poster and telling the world that she is 52.

    AI product designer Subbakrishna Rao joined the trend, posted a picture of him receiving an award and smiling ear-to-ear. His caption was “53 and rocking it”.

    Sandeep Roy posted a picture of him holding the camera and quipped in the caption, “Don’t guess the age, but 56 in a few months. Mom would have sworn it was “Bao ki teo” (old bong joke)”.

    Humans grow, evolve, change and this should be considered an absolutely normal thing. While physicality isn’t in anyone’s control the spirit is very instinctual. We hope to see people embracing this in our own society.

  • Asim Azhar’s debut album features colabs with big names

    Asim Azhar’s debut album features colabs with big names

    Asim Azhar is getting ready to start a new part of his music career with his first album, ‘Bematlab’, releasing on May. The album will include seven songs, with five being collaborations with other artists.

    Asim Azhar cleared his Instagram feed last week, suggesting big changes in his career. He posted a mysterious message hinting at something new, leaving fans eager for more details. Then, as the countdown started, the 27-year-old revealed the songs on the album, teasing exciting collaborations with both big names in the industry and up-and-coming stars.

    Familiar names like Talha Anjum and Talhah Yunus, who worked on tracks like ‘Bematlab’and ‘Karma,’ are featured in there. But what really gets fans excited is the promise of new partnerships, especially the collaboration with Hasan Raheem on the song ‘You,’ while Nehaal Naseem will add energy to the album with ‘Mujhsa Na,’ and Umair will appear on ‘Kyun.’

    After being in the music business for 11 years, Asim caused a stir online when he deleted all his Instagram posts on Tuesday, similar to what Taylor Swift did once. Shortly after, he came back with an exciting teaser for his first album.
    The teaser gives a sneak peek into Asim’s life as a musician, from his childhood to his youth, making it clear that fans can expect a personal seven-track album. In the caption, he announced the release date, saying, “A new journey, a new beginning, Bematlab, my debut album.”


    Fans and colleagues from the entertainment industry rushed to the post to show their support and best wishes. Asim’s fiancée, Meerub Ali, also joined in, hyping him up with comments like “the most dramatic entry ever” “ap cha gaye hou” (you are everywhere)
    The story of ‘Bematlab’ goes back to Asim’s early days when he gained attention by singing heartfelt covers of Western songs on YouTube. But it was his standout performance in Coke Studio 9 that really put him in the spotlight, showing off his talent and making him a star. Since then, Asim has been delivering hit singles and captivating audiences with his versatile voice and emotional performances in popular dramas.


    As the release date gets closer, the excitement around ‘Bematlab’ grows, fueled by Asim’s mysterious teasers and the anticipation of fans around the world. May 1 isn’t just the debut of an album; it’s a big moment in Asim’s impressive career.

  • Istanbul police clash with May Day protesters

    Istanbul police clash with May Day protesters

    Turkish police on Wednesday fired tear gas and rubber bullets and detained dozens of protesters after authorities banned May 1 rallies at Istanbul’s historic Taksim Square.

    More than 40,000 police were deployed across Istanbul, blocking even small sidestreets with metal barriers in an attempt to prevent protesters gathering.

    Police clashed with demonstrators near city hall in the Sarachane district, firing tear gas and rubber bullets to stop protesters breaching barricades, AFP reporters said.

    According to media reports, at least 150 people had been detained by midday, but authorities did not confirm the figure. AFP reporters saw many people being arrested.

    Some were detained trying to enter Taksim Square.

    Tall metal barriers were put up around the square, where authorities have banned rallies since 2013, when it was the focus of demonstrations against President Recep Tayyip Erdogan’s government.

    Taksim was a rallying ground for May Day celebrations until 1977, when at least 34 people were killed during demonstrations. Authorities opened it up again in 2010, but it was shut again after the 2013 protests.

    In the Besiktas district, police detained at least 30 left-wing protesters who were shouting “Taksim cannot be banned”, an AFP journalist.

    One protester was dragged along the ground by police and his group detained.

    Another 30 people were detained in the Sisli district.

    The MLSA rights group said several journalists were pushed to the ground during the troubles.

    – ‘Taksim belongs to workers’ –

    Main roads across Istanbul were closed to traffic while public transport including ferries and subway trains were halted because of the security clampdown. Landmarks such as the Topkapi palace were cordoned off.

    Interior Minister Ali Yerlikaya said Taksim would be out of bounds for rallies to stop “terrorist organisations” using it for “propaganda”.

    Turkey’s main opposition Republican People’s Party (CHP) and unions had pressed the government to open the square for labour rallies but Erdogan warned on Tuesday against any provocation.

    CHP leader Ozgur Ozel, accompanied by Istanbul’s mayor Ekrem Imamoglu and labour unions, gathered at the Sarachane neighbourhood.

    “We will keep on fighting until Taksim is free,” Ozel said. “Taksim belongs to the workers.”

    Addressing the police, Ozel declared: “These workers are not your enemies Our only desire is for the day to be celebrated as a festival. We do not want conflict.”

    In 2023, Turkey’s top constitutional court ruled that the closure of Taksim Square for protests was a violation of rights.

  • US reassures Pakistan of its support to end terrorism

    US reassures Pakistan of its support to end terrorism

    The United States (US) has reassured Pakistan once again of its support to end terrorism in the country for the safety of citizens and protection of human rights, Geo reported on Wednesday.

    “We support Pakistan’s efforts to combat terrorism and ensure the safety and security of its citizens in a manner that promotes the rule of law and the protection of human rights,” US State Department Principal Deputy Spokesperson Vedant Patel said in a press briefing.

  • Mobile SIMs of over 500,000 tax evaders to be blocked under FBR directive

    Mobile SIMs of over 500,000 tax evaders to be blocked under FBR directive

    The Federal Board of Revenue (FBR) has identified 506,671 individuals who have not filed their income tax returns for the 2023 tax year and issued an order to block their mobile phone SIM cards.

    This directive, known as Income Tax General Order No. 01 of 2024, was released on Tuesday, mandating the Pakistan Telecommunication Authority (PTA) and all telecom operators to comply immediately.

    According to the FBR, these non-filers are required to file their income tax returns under the Income Tax Ordinance of 2001. The list of those affected is available on the FBR’s website. Those listed can check to confirm whether their mobile phone service will be disrupted.

    Under Section 114B of the Income Tax Ordinance, the FBR has the authority to take such measures to enforce compliance with tax regulations.

    The PTA and telecom operators must block the SIM cards of the individuals named in the order, and the SIM cards will remain deactivated until the FBR or the respective Commissioner of Inland Revenue restores them.

    The FBR has set a deadline of May 15, 2024, for telecom operators to report their compliance with the order. Failure to meet this deadline could result in further regulatory action.

    The FBR is taking this step to ensure that all those required to file income tax returns do so promptly, contributing to the country’s revenue base.

  • Shabana Azmi loves the smile of THIS Pakistani superstar

    Shabana Azmi loves the smile of THIS Pakistani superstar


    Indian icon Shabana Azmi recently shared a heartfelt compliment filled with love and admiration for our favourite Pakistani actress on Instagram.

    The post has created a buzz of anticipation among fans for Sajal Ali’s upcoming drama ‘Zard Patton ka Bunn.’

    In her comment section, Bollywood royalty Shabana Azmi expressed her affection for Sajal by writing, “Uff! Yeh muskurahat❤️❤️”

    The teaser for ‘Zard Patton ka Bunn’ has been released, heightening anticipation among viewers. The drama, starring Sajal Aly alongside Hamza Sohail, promises to be a captivating story written by Mustafa Afridi and directed by Saife Hasan.