LONDON: English cricket’s controversial new Hundred competition has been delayed until 2021 because of the coronavirus pandemic, cricket chiefs announced on Thursday. The new 100-balls-per-side format, to be played by eight franchises rather than the established 18 first-class counties, had been due to start in July. But with the English season delayed until at least […]
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LAHORE: World amateur snooker champion Mohammad Asif has appealed to the Federal Minister for Inter-provincial Coordination (IPC) Dr Fehmida Mirza for granting him a cash award, as given recently to the medallists of last year’s South Asian Games, for winning the coveted title last year. “Recently, Dr Fehmida Mirza awarded cash prizes to the medal […]
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Pakistan on Friday lost its top spot in the International Cricket Council (ICC) T20 rankings after more than two years, sliding to the fourth position as Australia rose to number one in both Test matches and T20 internationals. The reshuffle came as the ICC issued an annual update, eliminating results from matches played between 2016 […]
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KARACHI: An inflow of $1.39 billion from the International Monetary Fund took the State Bank of Pakistan (SBP) reserves to $12.07bn during the week ended on April 24. According to the SBP data published on Thursday, the central bank reserves were at a two-month high after an increase of $1.16bn. During the same period, $234 […]
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ISLAMABAD: Following in the footsteps of Pakistan, many high-risk countries who are part of the ambitious Belt and Road Initiative (BRI) have approached China for debt relief, the Financial Times reported. Last month, Pakistan requested China for ease in payment obligations of over $30 billion of about 12,000-megawatt power projects under the China-Pakistan Economic Corridor […]
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ISLAMABAD: The government on Thursday reduced the prices of petroleum products in the range of 15 to 38 per cent for a month to partially pass on the impact of international price crash and also increased tax rates on oil products to mop up windfall revenues. The decision was announced by the finance ministry in […]
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ISLAMABAD: The government on Thursday indicated at continued ease in fiscal and monetary policies to revive economic activities depressed by coronavirus-led lockdowns and global economic slowdown and rejected moves to abolish the Monetary and Fiscal Policy Coordination Board (MFPCB) led by Adviser to PM on Finance and Revenue Dr Abdul Hafeez Shaikh. “This high-powered board […]
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Pakistan’s consumer price inflation eased to 8.5 per cent in April, the Pakistan Bureau of Statistics said on Friday, extending a months-long decline as the economy tanks due to the coronavirus crisis despite three interest rate cuts. Taking to Twitter, Minister for Planning, Development and Special Initiatives Asad Umar said this was the third successive month […]
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Journalist Nadir Hassan passed away on Thursday night at the age of 37 due to a brain haemorrhage. According to his former The News colleague Zebunnisa Burki, Hassan suffered a brain haemorrhage at his home in Karachi late last night. He leaves behind a brother, sister and mother. Hassan worked with a number of publications during his […]
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At least 191 more healthcare providers and medical workers have tested positive for the coronavirus within a week, according to data shared by the National Emergency Operation Centre on Thursday. An earlier report shared by the centre on April 23 had revealed that at least 253 healthcare workers in the country had been infected by […]
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