ISLAMABAD: With Punjab’s reluctance to finance subsidy, the Economic Coordination Committee (ECC) of the cabinet on Thursday allowed cancellation of a tender for import of 150,000 tonnes of wheat over suspicious activities of the bidders and ordered the Trading Corporation of Pakistan (TCP) to go for small tenders in a gradual manner. A meeting of […]
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ISLAMABAD: The K-Electric (KE) remained under attack on Thursday from consumers and the power regulator for prolonged load shedding in many parts of Karachi on the second day of public hearing on its request for Rs1.54 per unit increase in its electricity sale rates. The National Electric Power Regulatory Authority (Nepra) reserved the judgement and […]
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KARACHI: Foreign Direct Investment (FDI) jumped 23.5 per cent to $112.3 million in August, up from $90.3m in same month of 2019, reported the State Bank of Pakistan on Thursday. Month-on-month, the FDI edged lower by $2m or 1.75pc from July’s figure of $114.3m. In the first two months of FY21, the FDI surged 40pc […]
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LAHORE: The Pakistan Cricket Board (PCB) on Thursday terminated the contract of the HBL-Pakistan Super League (PSL) 2020 international media rights partner following a series of breaches, including matters relating to payments. According to a press release issued by the PCB: “Techfront International FZE had secured HBL PSL’s international media rights from 2019-2021, but due […]
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ISLAMABAD: After a long gap of seven years, the Pakistan Sports Board (PSB) met here on Thursday, during which several important decisions were made including the approval of the national anti-doping governing board. The 11-member PSB board headed by Federal Minister for Inter-provincial Coordination (IPC) Dr Fehmida Mirza held its first meeting after its restructuring […]
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MANCHESTER: The England and Wales Cricket Board (ECB)’s successful completion of their summer schedule inside bio-secure ‘bubbles’ is a blueprint for other countries to stage matches amid the Covid-19 pandemic, limited-overs skipper Eoin Morgan said. England returned to action following the Covid-19 stoppage in July with three Tests against the West Indies in bio-secure venues […]
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The Federal Board of Revenue (FBR) released its 2018 tax directory for parliamentarians on Friday. The directory details the amount of taxes paid by provincial and federal lawmakers in the year 2018, personally as well as by the associations of persons (AOPs) they are members of. Several parliamentarians have shared income as members of AOPs, considered a […]
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Young Doctors Association (YDA) Punjab chapter’s president Salman Haseeb on Friday railed against the government and health authorities after a medical professional was terminated for allegedly abusing and threatening a female doctor on social media. Addressing a press conference in Lahore, Haseeb said that the YDA “will not allow [anyone] to steal a person’s livelihood”. […]
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PML-N leader Hamza Shehbaz, who was diagnosed with the coronavirus last week, was taken to Lahore’s Jinnah Hospital on Friday for a medical checkup. PML-N had earlier demanded that Hamza be shifted to a hospital till his recovery from the virus. Speaking to Dawn.com on Friday, Jinnah Hospital Medical Superintendent Yahya Sultan said the PML-N leader underwent a CT […]
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A tunnel nearing completion in the Indian Himalayas will slash by hours the time it takes troops to reach the Chinese border, part of an infrastructure blitz by New Delhi that is gathering pace since a bloody border clash. The nuclear-armed Asian giants blame each other for a brutal high-altitude battle in June that left 20 Indian […]
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