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India delivered a commanding performance to secure a 295-run victory over Australia on the fourth day of the first Test at Perth Stadium on Monday, taking a 1-0 lead in the five-match series. After setting a formidable target, India bowled out Australia for 238 in the final session, extending their dominance in Australian conditions. This victory underscores India’s recent success down under, having won five of their last nine Tests in Australia since their triumphant 2018-19 tour. Resuming the day at a precarious 12-3, Australia’s batting lineup faltered against India’s pace duo of Jasprit Bumrah and Mohammed Siraj. Early breakthroughs…

Federal Minister for Finance Muhammad Aurangzeb has said the ongoing protests by the opposition Pakistan Tehreek-e-Insaf (PTI) are resulting in a daily loss of Rs190 billion (USD 688.2 million) to the federal government. In a statement, Aurangzeb stated that the Ministry of Finance has compiled a report which states that the country’s GDP is suffering a daily loss of Rs140 billion due to the protests, with losses to the IT and telecom sectors not included in this assessment. Aurangzeb’s remarks came amid calls of protests from PTI, which sent the top federal government functionaries into a frenzy as the ruling…

ISLAMABAD :Foreign Minister and Deputy Prime Minister Ishaq Dar on Monday met his Belarusian counterpart Maxim Reznikov and discussed regional issues with him. Dar warmly welcomed Reznikov and his delegation when they arrived at the Foreign Office. Later, they discussed bilateral and regional issues during their meeting. Belarusian President Alexander Lukashenko will reach Islamabad on Monday on a three-day official visit to Pakistan. Foreign Office in a statement said the President Lukashenko will hold extensive talks with Prime Minister Shehbaz Sharif and discuss areas of bilateral cooperation and engagement. Several agreements and Memorandums of Understanding will also be signed during…

Iran’s supreme leader Ayatollah Ali Khamenei said on Monday that death sentences should be issued for Israeli leaders and not arrest warrants. His remarks came after the International Criminal Court issued arrest warrants on Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defence chief and a Hamas leader, Ibrahim Al-Masri.

As the world turns its attention to the 29th United Nations Climate Change Conference (COP 29), Azerbaijan stands poised to take on a leadership role in the global movement toward sustainability and climate resilience. With its rich natural resources, strategic initiatives, and commitment to sustainable development, Azerbaijan is uniquely positioned to leverage COP 29 as a transformative opportunity to enhance its environmental and economic future. Under the leadership of President Ilham Aliyev, Azerbaijan has made significant strides in promoting environmental sustainability and addressing climate change. President Aliyev has consistently emphasized the importance of integrating environmental considerations into the country’s development…

By Cheng He, chief editor, Business News Department, CGTN In a comprehensive document from the latest meeting of the Politburo of the Communist Party of China at the end of July, two terms caught my attention: gazelle companies and unicorns. The decision-making body expressed its strong commitment to supporting the development of these entities, reflecting a strategic focus on fostering high-growth and innovation-driven firms in China’s economy. Gazelle companies, defined as start-ups founded in the 2000s, with a value exceeding US$500 million, are most likely to achieve ‘unicorn’ status within three years. On the other hand, unicorns typically refer to…

By: Maarij Farooq In a pivotal address at the third plenary session of the 20th CPC Central Committee, President Xi Jinping emphasized the critical need for comprehensive reforms to further Chinese modernization. This session, held from July 15-18, 2024, marked a significant moment in China’s socio-economic trajectory, as the Central Committee adopted a resolution to deepen reforms across various sectors. President Xi’s speech highlighted several core areas: economic development, high-quality growth, innovation, talent development, and macroeconomic governance. The resolution sets forth ambitious goals for building a high-standard socialist market economy. By 2035, China aims to have fully realized socialist modernization,…

At the invitation of Premier Li Qiang of the State Council of the People’s Republic of China, Prime Minister Muhammad Shehbaz Sharif of the Islamic Republic of Pakistan will start his official visit to China tomorrow. It will be Prime Minister Shehbaz’s first visit to China since the inauguration. We hope and believe the visit will inject strong impetus to upgrade the China-Pakistan all-weather strategic cooperation, provide constant boost to Pakistan’s economic and social development, send strong signal of solidarity and cooperation between our two countries to the international community. The strategic communication between leaders of the two countries guides…

By:Maarij Farooq In the evolving tapestry of global societies, where knowledge economies drive progress and innovation reigns supreme, the imperative for educational reform in Pakistan is undeniable. With a vibrant youth demographic and an array of socio-economic challenges, the role of educational liberalism emerges not merely as a progressive ideal but as a fundamental necessity for societal growth and development. Pakistan’s educational landscape has been shaped by its colonial legacy, socio-political upheavals, and varying degrees of policy engagement. The country inherited an education system that was elitist and exclusionary, serving only a minuscule portion of the population. Post-independence efforts to…

By: Ambassador Jiang Zaidong This year marks the 75th anniversary of the founding of the People’s Republic of China and is a critical year for achieving the goals and tasks of China’s 14th Five-Year Plan. Facing a new wave of technological revolution and industrial transformation, we adhere to the path of Chinese-style modernization, comprehensively promote high-quality development, accelerate the development of new quality productive forces, transform and upgrade traditional industries, cultivate and strengthen emerging industries, and lay out the construction of future-oriented industries, so as to achieve a series of new developments. In 2023, exports of China’s “new trio”, namely…