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Articles for tag: Gaza, increases, Israel, Latest, Military, northern, pressure, pushes, Rafah

May 12, 2024

News Desk

Israel pushes back into northern Gaza, increases military pressure in Rafah

RAFAH: Israel sent tanks into eastern Jabalia in the northern Gaza Strip early Sunday after a night of heavy aerial and ground shelling, killing 19 people and wounding dozens more, health officials said. Jabalia is the largest of Gaza’s eight historic refugee camps and is home to more than 100,000 people, most of whom were descendants of Palestinians expelled from towns and villages in present-day Israel during the 1948 Arab-Israeli war that led to the creation of the state of Israel. Late Saturday, the Israeli military said forces operating in Jabalia were preventing Hamas, which controls Gaza, from reestablishing its

May 7, 2024

News Desk

Investor optimism pushes the PSX to new highs

KARACHI: The Pakistan Stock Exchange (PSX) on Monday surged over 850 points to a new all-time high on investor confidence on falling inflation and the government’s talk of privatizing troubled state-owned enterprises (SOEs). After opening trading, the KSE-100 hit an intraday low of 72,462.49 points in the very first hour. However, the market quickly began its recovery, driven mainly by the increase in foreign exchange reserves and speculation surrounding the upcoming loan talks between Pakistan and the International Monetary Fund (IMF). Additionally, discussions with a Saudi Arabian trade delegation on potential investment avenues also contributed to the notable uptrend. As

March 15, 2024

News Desk

PWSMA pushes for digital tax fix

Islamabad: Plastic bag manufacturers have accused the Federal Board of Revenue (FBR) of billions of rupees in annual tax evasion by major producers of the commodity due to malfunctioning production monitoring systems. Industry players have sought the intervention of new finance minister Muhammad Aurangzeb, who is also advocating end-to-end digitization of the tax system to eliminate leakages. The Polypropylene Woven Sack Manufacturers Association (PWSMA) has proposed mandatory printing of codes on plastic bags and code readers on production lines — a move it claims could increase the size of the formal economy by 20%. The association has sought the intervention

February 3, 2024

News Desk

Mir Hamza pushes for extended Test calendar, shifts focus to white-ball cricket

Reflecting on the gap between Test series, particularly after their recent clash with Australia, Pakistan’s Test fast bowler Mir Hamza highlighted the challenges of regaining momentum in four or five days’ cricket after a prolonged break. In a recent exclusive interview with Cricket Pakistan, Hamza highlighted the need for increased focus on Test cricket throughout the year. “In my opinion, we should have more Test cricket. The Test series we played against Australia in December-January. The next Test series we have is probably in August, so there is a big difference. Four-day or five-day cricket is such that when you

February 3, 2024

News Desk

Kylian Mbappe pushes PSG past Strasbourg in Ligue 1 clash

PSG picked up three crucial points, staying top of the Ligue 1 table with 47 points from 20 games Kylian Mbappe penalty drama unfolds as PSG triumph over Strasbourg in Ligue 1 clash. — x/PSG_English Paris Saint-Germain (PSG) emerged victorious against a strong Strasbourg side, earning a 2-1 victory in their last Ligue 1 encounter. The match started with high stakes as Kylian Mbappe faced a moment of uncertainty. Strasbourg debutant goalkeeper Alaa Bellaarouch showed early brilliance to deny Mbappe’s fifth-minute penalty attempt. The young shot-stopper’s agility briefly left the PSG superstar stunned. However, the unpredictability of football came into

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