LAHORE: The Pakistan Cricket Board (PCB) were quick to accept the resignation of Chairman National Cricket Committee (NCC) Iqbal Qasim on Friday after he requested the chairman PCB to relieve him from the duties in a letter written on Thursday (Sept 3). Conveying his discontent regarding PCB not giving due importance to his recommendations, Iqbal […]
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NEW DELHI: Former India off-spinner Harbhajan Singh has opted out of this year’s Indian Premier League citing personal reasons, his team Chennai Super Kings (CSK) said on Friday. Harbhajan is the second Chennai player to withdraw from the tournament after all-rounder Suresh Raina last week pulled out due to personal reasons too. The 40-year-old Harbhajan […]
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ISLAMABAD: Prompted by the Supreme Court’s directives, the power division and power regulator on Friday appeared to be setting in motion actions against K-Electric for its inability to restore power supply to its consumers following recent torrential rains. Official sources told Dawn that top officials of the power division and the National Electric Power Regulatory Authority (Nepra) had […]
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ISLAMABAD: A parliamentary panel on Friday constituted a special committee comprising bankers, parliamentarians, leading religious scholars and representatives from relevant ministries and the central bank to move quickly towards a complete Islamic financial system in the country. The National Assembly’s standing committee on Finance & Revenue presided over by PTI’s Faiz Ullah also expressed dissatisfaction […]
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KARACHI: Pakistan’s ability, capacity and success in business innovation declined in 2020 as the country’s ranking on the Global Innovation Index (GII) fell to 107 during the year from 104 in 2019. The GII is compiled by the World Intellectual Property Organisation, INSEAD business school and Cornell University which publishes its annual rankings after evaluating innovations in […]
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KARACHI: Total cement despatches (local sales and export) plunged 27 per cent to 3.520 million tonnes in August from 4.838m tonnes in July due to slowdown in construction activities amid countrywide rains, Eid ul Azha and Ashura holidays. However, overall despatches posted a 5pc increase over 3.35m tonnes reported in August 2019. The local uptake […]
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ISLAMABAD: Pakistan’s exports dipped by 19.5 per cent year-on-year in August, data released by the Ministry of Commerce (MoC) showed on Thursday. During the second month of FY21, export proceeds were reported at $1.586 billion, as against $1.969bn over the corresponding period of last year. The exports returned to a declining trend after witnessing paltry […]
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NEW YORK: The Chinese government is complicating the US-government-ordered sale of US TikTok assets. China on Friday introduced export restrictions on artificial intelligence technology, seemingly including the type that TikTok uses to choose which videos to spool up to its users. That means TikTok’s Chinese owner, ByteDance, would have to obtain a license to export […]
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The Islamabad High Court (IHC) on Saturday directed authorities to recover “missing” Securities and Exchange Commission of Pakistan (SECP) official Sajid Gondal by 2pm on Monday. The court gave these orders during hearing of a habeas corpus petition filed yesterday by Gondal’s mother, Asmat Bibi. During the hearing, IHC Chief Justice Athar Minallah said that the interior […]
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The PML-N leadership on Saturday urged party supremo and former prime minister Nawaz Sharif to remain in the United Kingdom until his medical treatment is completed and his doctors grant him a “certificate of fitness”, allowing him to return to Pakistan. Addressing a press conference alongside other PML-N leaders, Ahsan Iqbal said that Nawaz was […]
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