China on Friday urged the United States to meet it halfway and strengthen cooperation in the fight against the coronavirus pandemic after US President Donald Trump threatened to sever bilateral ties. Relations between the world’s two largest economies have deteriorated in recent weeks, with both sides trading barbs over the origins of the virus that […]
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ISLAMABAD: The Privatisation Commission (PC) on Tuesday started the process of evaluating draft transaction structure for the privatisation of the Pakistan Steel Mills. The details will be discussed by the transaction committee at its meeting on May 14. Financial advisers hired by the PC have completed due diligence and reports received in this respect are […]
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KARACHI: Despite the easing in lockdown, tech-enabled mobility startups operating in the country continue to have their services shut, yielding financial significant losses to them. “Despite our full assurance to follow the Standard Operating Procedures (SOPs) laid down by the government, services haven’t been allowed to resume and is causing losses to both the company […]
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ISLAMABAD: Amid a fresh political debate on constitutional and financial powers of the federation and its units, the government on Tuesday constituted the 10th National Finance Commission (NFC) to announce a new award for sharing of federal divisible resources between the Centre and the provinces. The Ministry of Finance formally notified the constitution of the […]
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ISLAMABAD: Just four days before the expiry of the extended deadline given to an inquiry commission for the release of forensic audit reports on the 2019 sugar and wheat crises, federal Minister for Planning and Development Asad Umar has recorded his statement on the decisions taken by the Economic Coordination Committee (ECC) and the federal […]
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KARACHI: External debt servicing in the third quarter of the current fiscal year declined by 30 per cent compared to second quarter, data released by the State Bank of Pakistan (SBP) showed on Tuesday. The country paid $2.728 billion in external debt servicing during the third quarter (January-March) compared to $3.907bn in the second quarter […]
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ISLAMABAD: Former Pakistan captain Javed Miandad on Tuesday put his weight behind the idea of resuming cricket activities behind closed doors and asked cricket boards to find a way to hold activities during the ongoing coronavirus lockdown period. Playing without fans was suggested by some cricketers recently as one possible option to resume cricket and […]
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LONDON: Former star Kevin Pietersen is concerned about England’s Test bowling resources when the long-serving pace duo of James Anderson and Stuart Broad call time on their careers. The experienced new ball pair, both in their 30s, have recently said they were aiming to be part of England’s bid to reclaim the Ashes in Australia […]
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LAHORE: Former fast bowler Shaoib Akhtar’s lawyer Abuzar Salman Khan Niazi has replied to the legal defamation notice served on the pacer by Taffazul Rizvi, the lawyer of the Pakistan Cricket Board (PCB), on April 29. Shoaib’s lawyer has dismissed the legal notice of defamation by saying: “That, the notice under reply, for all the […]
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