Latest news with #PSB


Business Recorder
7 hours ago
- Business
- Business Recorder
PSB issues results for Bodybuilding, Tenpin Bowling, Alpine Club elections
The Pakistan Sports Board (PSB) has issued official notifications following the successful conclusion of elections for three national sports federations, the Pakistan Bodybuilding Federation, Pakistan Tenpin Bowling Federation, and the Alpine Club of Pakistan. According to the PSB Election Commission, Muhammad Tariq Hassan has been elected President of the Pakistan Bodybuilding Federation, with Sohail Anwar appointed as Secretary General. Other elected office bearers include Muhammad Irshad and Khanzeb as Vice Presidents I and II, respectively, while N. Kashif Asif Najeeb, Maqsood Siddiqui, Hafiz Sheikh Muhammad, Hamza Farooq, Asif Butt, Sheikh Sabar, Javed Butt, and Umair have been elected as Vice Presidents. Armugham Muqeem was elected Finance Secretary and Muhammad Fayyaz as Associate Secretary. The elections were conducted at the PSB Coaching Centre in Lahore, in accordance with the Constitution of the Pakistan Sports Board (2022), the Revised National Sports Policy (2005), and the Sports Election Regulations (2024). Meanwhile, PSB also issued notifications for the unopposed election of officials for the Pakistan Tenpin Bowling Federation and the Alpine Club of Pakistan. Ijaz ur Rehman has been elected President of the Tenpin Bowling Federation, Kamran Khalid as Secretary General, and Aleem Agha and Asif Aurakzai as Senior Vice Presidents. Mehboob ur Rehman and Muhammad Mohsin were elected as Vice Presidents, along with a slate of Joint, Social, and Lady Secretaries. For the Alpine Club, Major General Irfan Arshad (HIM) has been elected President, with Ayaz Ahmed Shigri as General Secretary and Hayatullah Khan Durrani as Senior Vice President. Vice Presidents include Faiz Ali, Rehmatullah Quraishi, Saad Tariq Siddiq, Karrar Haidri, Muhammad Zubair Farooqi, Ali Raza Rizvi, Muzaffar Faizi Awan, and Najeeb Ullah. Sajjad Hussain was elected Treasurer, and five others were named Executive Members. The electoral process was supervised by Chief Election Commissioner Waseem Majid Malik and Members Babur Suhail and Zohaib Hassan Gondal. The PSB hailed the peaceful and transparent conduct of the elections as a significant milestone toward improved governance and reformation in Pakistan's sports structure.
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Business Standard
14 hours ago
- Business
- Business Standard
Sensex, Nifty snap 3-day losing streak; PSU banks lead broad rally
Snapping the three-day losing streak, Indian equity markets are witnessing a broad-based rally on Friday despite the persistent concerns around the ongoing Israel-Iran tensions showing no signs of improvement. Last checked, the benchmark BSE Sensex was trading at 82,110.67, up 748.80 points or 0.92 per cent, and the NIfty50 was up 224.55 points, or 0.91 per cent at 25,017.80 levels. All the major sectoral indices were trading higher, led by the PSU Bank index up over 2 per cent. The public sector bank (PSB) stocks were rallying after the Reserve Bank of India (RBI) released final guidelines on project finance loans that were less strict than previous suggestions. All 11 constituents of the Nifty PSU Bank index were trading higher led by Punjab National Bank, Union Bank of India, Bank of India, Canara Bank, Central Bank, and State Bank of India up over 1 per cent each. Among others, the Nifty Realty index, Bank, Energy, Metal, Auto IT, Oil & Gas, and Consumer Durables rose up to 2 per cent. Following a sharp plunge in Thursday's session, the Nifty Midcap 100 witnessed a rebound rising over 1 per cent and the Nifty Smallcap index around 0.8 per cent. Prashanth Tapse, senior vice president for research at Mehta Equities, investors should not expect a quick end to the Middle-East conflict, while volatility and wild swings are likely to become a new normal. According to Srikant Chouhan, head of equity research at Kotak Securities, as long as the market is trading between 24,700/81200 and 24,900/81600, range-bound activity is likely to continue. On the higher side, a successful breakout above 24,900/81600 could take the market to 25000-25050/82000-82200. On the other hand, breaking out of 24,700/81200 could increase the selling pressure. Below this level, the market could retest the levels of 24,500–24,475/80500-80300. "The strategy should be to take a long trade if Nifty crosses 25000. Keep a stop loss at 24800 for the same. On the other side, expect further weakness below 24700, however, in that case, we need to keep a stop loss at 24900 for the same. However, a close below 24700 would be negative in the short term," Chouhan said.


Express Tribune
3 days ago
- Business
- Express Tribune
'Lack of funds from govt, PSB is crippling for snooker'
The Pakistan Billiards and Snooker Association (PBSA) is facing a severe financial crisis due to lack of any funding from the government or the PSB during the past one year which has jeopardised the survival of snooker as a sport and has put the participation of national players in the upcoming international competitions at serious risk. The PBSA has urgently appealed to the government and the Pakistan Sports Board (PSB) to take notice of the situation and immediately release funds for the federation which is not only one of the most efficient and hardworking federations in the country, but has also brought a huge number of laurels to Pakistan through the untiring efforts of its cueists and its officials. Highlighting the gravity of the financial crisis, the association stated that both the domestic circuit and Pakistan's international representation in snooker are under serious threat if the funds are not released by the PSB. "Since July 2024, the Pakistan Sports Board has not provided any financial support, despite Pakistani players delivering exceptional performances on the world stage last year," the PBSA said in its appeal. In 2024, Pakistan won a gold medal at the World Snooker Championship held in Doha, Qatar, and added to its achievements with a silver and bronze at the World 6-Red and World Cup Snooker Championships, another gold medal at the World Men's Snooker Championship, a gold and bronze at the 3rd SAARC Snooker Championship, and a bronze at the Asian Men's and U-21 Championships. The PBSA emphasized that all expenses for these events were borne by the association through its own limited resources - an arrangement that is no longer sustainable. Due to the current lack of financial support, Pakistan's participation in several major upcoming international events is now uncertain. These include: Asian Team & 6-Red Championship (SL, June 2025) Commonwealth Games (Mauritius, Jul 2025) World U-17, U-21, and 6-Red Championships (Bahr, Jul 2025) World Games (Chi, Aug 2025).

Time of India
13-06-2025
- Entertainment
- Time of India
Iran's Army Chief, IRGC Boss, Nuke Scientists KILLED In Israel Attack
Deepika Padukone launches badminton school to celebrate father's legacy on his 70th birthday To celebrate her father Prakash Padukone's 70th birthday, Deepika Padukone unveils a powerful tribute to Indian sports, the Padukone School of Badminton (PSB). This visionary initiative aims to make badminton accessible across the country, with 75 centers in 18 cities already active and plans to expand to 250 by 2027. In a heartfelt message, Deepika thanked her father for his discipline, resilience, and passion. With Prakash Padukone joining as a mentor, PSB also certifies over 100 coaches and focuses on grassroots talent. A true game-changer, this school is built to nurture India's next badminton champions. 1.3K views | 2 days ago


Gulf Today
11-06-2025
- Entertainment
- Gulf Today
Bollywood star Deepika Padukone talks about how badminton shaped her life
As her Padukone School of Badminton aims to 75 Centres in a year, actress Deepika Padukone talked about how the sport has shaped her life as she grew up playing the sport. Deepika took to Instagram, where she shared a picture posing with her father Prakash Padukone, a former star badminton player. She wrote: 'As someone who grew up playing badminton, I've experienced firsthand how much this sport can shape one's life — physically, mentally, and emotionally.' The star also shared a note about how the Padukone School of Badminton expands to 75 centres in a year. She added: 'Through Padukone School of Badminton(PSB), we hope to bring the joy and discipline of Badminton to people from all walks of life, and build a generation that is healthier, more focused, and inspired by sport.' The press note read: 'The Padukone School of Badminton (PSB), founded and funded by Deepika Padukone and mentored by former World No. 1 and All England Champion Prakash Padukone, has achieved a significant milestone by establishing over 75 grassroots coaching centres across 18 Indian cities-including Bengaluru, NCR, Mumbai, Chennai, Jaipur, Pune, Nashik, Mysuru, Panipat, Dehradun, Udaipur, Coimbatore, Sangli, and Surat-within its first year of operations.' With its mission of 'Badminton for All,' PSB now aims to scale to 100 centres by the end of this year and 250 within the next three years, the note added. The note further stated that the academy's vision is to democratize access to quality and affordable badminton coaching, providing opportunities for people of all ages and skill levels. 'Through its standardized, scalable coaching methodology, developed under the guidance of Prakash Padukone, the organization seeks to introduce a nationwide community of school children and working professionals to the sport. It also aims to empower aspiring coaches with certified training and sustainable career paths.' Meanwhile, the makers of Telugu star Allu Arjun's upcoming film with director Atlee, being tentatively referred to as AA22 X A6, on Saturday welcomed Deepika onboard the film's unit. The production house shared a video of Atlee meeting Deepika Padukone and narrating the script to her. The clip also gives a glimpse of Deepika Padukone's motion capture portions in the film. The visuals give the impression that Deepika Padukone plays a queen, who rides a horse and wields a sword in the film. The film, which has already triggered huge expectations as it is believed that it will be like no other film that has ever been done before, will have world class experts working on it. Well known VFX supervisor James Madigan, who is known for having worked in films like 'Iron Man 2' and 'Transformers: Rise of the Beasts,' had said, 'I just got done reading the script and I got to say, my head is still spinning.' Indo-Asian News Service