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 "President Alvi set to announce election date, sparking potential crisis in Pakistan." Arif Alivi President of Pakistan  In meeting with Dr Alvi, caretaker law minister expresses his view that election date announcement is ECP's prerogative By Web DeskSeptember 11, 2023 President Arif Alvi in this undated image. — APP President Arif Alvi in this undated image. — APP The country is likely to plunge into chaos as President Arif Alvi is expected to announce the date for the general elections anytime soon, sources said on Monday, as the differences among the political circles on the timing of polls continue to grow. The sources privy to the development also said that President Alvi met the interim law minister to discuss the matter of polls. However, the interim minister was of the view that the announcement of the election date is the Election Commission of Pakistan's (ECP) prerogative. However, sources within the Presidential Palace claimed that the idea of Dr Alvi...

 "Govt weighs law for digital economy boost " Caretaker PM Kakar Aims for Digital Economy Boost In a bid to digitize the economy, the interim government is exploring legislative changes, empowering the Ministry of Information Technology to play a central role in data collection, and expanding the tax base beyond 4.2 million filers. Sources reveal that discussions on increasing income tax return filers were held, involving Caretaker Prime Minister Anwaarul Haq Kakar and the Special Investment Facilitation Council (SIFC). The Federal Board of Revenue (FBR) presented suggestions during a briefing to the prime minister, which were further discussed at the SIFC meeting. The Ministry of Information Technology proposed a central role in data collection to boost the tax base, which was approved by the SIFC. Minister Umar Saif emphasized the digitization of the economy and taxation system, aiming to bring more people into the tax net and collect due taxes. While the formal and informa...

 "Colombo's Weather Today: Super 4 Asia Cup 2023 - India vs. Pakistan Match CANCELLED on Reserve Day. Details Below." "India vs. Pakistan, Asia Cup 2023 Super 4: The MET department predicts ongoing rain in Colombo for Monday's Reserve Day. Incessant rain on Sunday limited India's innings to 24.1 overs. The match resumes at 3 pm IST, requiring a minimum of 20 overs in each innings for an ODI status. The weather forecast for Monday in Colombo remains grim with a 97% chance of rain, 81% humidity, and 99% cloud cover. Around 17.9mm of rain is expected in the afternoon, decreasing to 80% chance by evening. India will restart their innings at 147 for 2. Rohit Sharma and Shubman Gill's partnership of 121 runs set the stage before rain intervened. Shaheen Afridi and Shadab Khan claimed key wickets, and play was halted for nearly four hours on Sunday."

 "G20 reveals ambitious economic corridor, connecting India to Europe via Middle East." "Yesterday, on September 9, 2023, some of the world's most prominent leaders came together in New Delhi for an important session during the G20 Summit. Among those in attendance were Japan's Prime Minister, Fumio Kishida, Italy's Prime Minister, Giorgia Meloni, and European Commission President, Ursula von der Leyen. They were joined by Saudi Arabia's Crown Prince, Mohammed bin Salman, India's Prime Minister, Narendra Modi, and of course, the U.S. President, Joe Biden. On September 9, 2023, during the G20 Summit in New Delhi, leaders from various nations, including Japan, Italy, the US, and the UAE, revealed an ambitious plan. They aim to establish a modern-day "Spice Route," connecting Europe, the Middle East, and India. This initiative goes beyond trade, as it involves railways, ports, electricity, data networks, and hydrogen pipelines. The significance...

"Colombo's forecast: Rain threatens Asia Cup final. Stay tuned to see which teams make it!  #AsiaCup #RainDelay" Green Shirts are enjoying after taking wicket  Super 4 matches are currently surrounded by uncertainty due to prediction of rain in the next 15 days in Colombo Share Next Story >>> Pakistans players celebrate after the dismissal of Nepals Gulshan Jha (not pictured) during the Asia Cup 2023. — AFP/File Pakistan's players celebrate after the dismissal of Nepal's Gulshan Jha (not pictured) during the Asia Cup 2023. — AFP/File The Super 4 matches of the ongoing Asia Cup 2023 are currently surrounded by uncertainty due to the bad weather and prediction of rain in the next 15 days in Colombo, Sri Lanka. On top of that, the Asian Cricket Council (ACC) has announced to keep all the matches in Colombo despite knowing that the weather will disrupt the matches. Keeping that in view, if the remaining Super 4 matches are washed out, Pakistan — which defeate...

 "Skyrocketing Loan Rates: A Financial Challenge!" "Central Bank's Q1-FY22 Report Shows Private Sector Credit Surge." Commercial banks have raised lending rates to a record high of 24.62%, suggesting the central bank may increase its benchmark policy rate to a new all-time high next week. This surge in lending rates has negatively impacted the government, the largest borrower from commercial banks in recent years. Additionally, it continues to discourage the private sector from borrowing funds for their businesses, prolonging economic challenges. Market speculation indicates the central bank may raise the policy rate by 1.5 percentage points to 23.5% on September 14 to address high inflation caused by rising power and petroleum prices. The central bank reported that commercial banks increased the benchmark six-month Karachi Inter-bank Offered Rate (Kibor) by 1.02 percentage points to 24.62% on Thursday compared to 23.60% on Wednesday. This surge in Kibor followe...