PRAGUE: Two-time Wimbledon winner Petra Kvitova said on Monday she would prefer Grand Slams did not take place as opposed to playing them behind closed doors due to the coronavirus pandemic. Speaking on the eve of her court return in an all-Czech tournament the 30-year-old echoed the thoughts of Roger Federer, who said last week […]
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ISLAMABAD: The Asian Infrastructure Investment Bank (AIIB) will provide budgetary support worth $500 million to Pakistan to mitigate the significant negative economic and social impacts caused by Covid-19, it was learnt here on Tuesday. Supported under the ‘Covid-19 Crisis Recovery Facility’, the AIIB loan for the government’s health sector and counter-cyclical development expenditure programme will […]
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ISLAMABAD: The country’s agriculture production is suffering due to lack of rapid decision-making and planning by the relevant authorities, found a joint study conducted by the Pakistan Agriculture Research Council (PARC) and the International Maize and Wheat Improvement Centre (CIMMYT). The ‘Cropping pattern zonation of Pakistan’ goes on to add that despite the regular updating […]
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Plants of more than 120 listed manufacturing companies had ground to a halt by early April. Notices that piled up in the offices of the Pakistan Stock Exchange (PSX) mentioned plausible re-commissioning dates. Some linked it to the lifting of the lockdown to prevent the spread of the pandemic while others made no promises as […]
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ISLAMABAD: With eyes fixed on the upcoming budget, the Ministry of Commerce has evolved a comprehensive tariff policy including reducing customs and regulatory duties on raw materials and semi-finished products. The plan is being developed for budget 2020-21 in a fashion to mitigate the impact of Covid-19 and encourage import substitution of major consumer items […]
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KARACHI: Fresh orders are being anticipated by country’s exporters who say the global slowdown, due to the coronavirus pandemic and subsequent lockdown in many countries, has created space for Pakistani exports. The further added that while some export orders were cancelled, many are on hold but will resume once things normalise. Pakistan witnessed a steep […]
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Pakistan Army troops shot down an Indian spy drone close to the restive Line of Control (LoC) in Azad Jammu and Kashmir (AJK), the military’s media wing said on Wednesday. According to a tweet by the Inter-Services Public Relations (ISPR), the Indian quadcopter was shot down in Rakhchikri sector along the LoC. “The quadcopter had […]
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ISLAMABAD / LAHORE: Aviation Minister Ghulam Sarwar Khan said on Tuesday that the black box of Airbus 320 that crashed in Karachi had been found within 24 hours, but efforts were under way to recover the cockpit voice recorder. The Pakistan International Airlines (PIA) passenger plane, with 99 people on board, crashed in Model Colony […]
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Two policemen were killed on Tuesday night after unidentified gunmen opened fire on them in the Chowrangi No. 26 area of Turnol in Islamabad. The policemen were identified as Assistant Sub-Inspector (ASI) Mohsin Zafar and Head Constable Sajjad. According to the initial police investigation, two gunmen were involved in the attack and they opened fire […]
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KARACHI: The city administration finalised a list of the loss of property caused by the May 22 plane crash in the Jinnah Garden area of Model Colony, finding 18 houses partially damaged and two completely damaged as the federal government on Tuesday vowed to bear all financial burden of the compensation to the affected families. A […]
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