Economy will need ‘reset and reboot’ after recession

ISLAMABAD: Pakistan is facing the worst economic conditions in its history — a negative economic growth at 1.57 per cent and a fiscal deficit of 9.6pc — during the current fiscal year owing to economic losses in the aftermath of coronavirus pandemic. “In a worst-case scenario, the growth rate could remain negative at 1.57pc of […]

CLICK HERE TO READ MORE

Asia shares hit seven-week high, oil rallies as economies slowly reopen

Futures pointed to a strong start for Europe and Wall Street with E-Minis for the S&P 500 up more than 1 per cent helped by forecast beating revenues from Alphabet Inc’s Google. Eurostoxx 50 futures added 0.4pc while futures for Germany’s Dax index and those for London’s FTSE were each 0.7pc higher. Risk assets including […]

CLICK HERE TO READ MORE

Only Test cricket will help you become great, Wasim Akram tells bowlers

LAHORE: Legendary left-arm pacer Wasim Akram has once again highlighted the importance of Test cricket by saying that it is the most genuine format of the game and if anyone wants to become a great cricketer, he has to excel in Tests to achieve that. Wasim said on Tuesday in a video interaction with Pakistani’s […]

CLICK HERE TO READ MORE

Tokyo Olympics will be cancelled if pandemic not over, warns chief

TOKYO: The postponed Tokyo 2020 Olympics will have to be cancelled if the coronavirus pandemic isn’t brought under control by next year, the organising committee’s president warned on Tuesday while ruling out further delays. The comments, in an interview with a Japanese sports daily published, come as medical experts doubted whether the pandemic can be […]

CLICK HERE TO READ MORE

Ramiz suggests ‘jail time’ for fixing

KARACHI: Former Pakistan captain Ramiz Raja on Tuesday said criminalising match-fixing can be a “useful deterrent” to fight the menace which, according to him, needs a concerted effort like the one currently on to contain the Covid-19 pandemic. Controversial batsman Umar Akmal was handed a three-year ban by the Pakistan Cricket Board (PCB) on Monday […]

CLICK HERE TO READ MORE

PCB ‘disappointed’ with Shoaib Akhtar’s ‘inappropriate, disrespectful’ remarks regarding legal team

The Pakistan Cricket Board (PCB) on Wednesday said it was disappointed with Shoaib Akhtar’s “poor choice of words” regarding the sports body’s legal department and its legal adviser Taffazul Rizvi. Akhtar, while commenting on PCB’s decision to ban Umar Akmal from all forms of cricket for three years, had dished criticism on the cricket board’s legal […]

CLICK HERE TO READ MORE

US commission urges govt to place India on list of countries violating religious freedom

WASHINGTON: “Perhaps the steepest, and most alarming, deterioration in religious freedom conditions was in India, the largest democracy in the world,” an official US report said on Tuesday. The report, compiled by the US Commission for International Religious Freedom (USCIRF), recommended that India be declared a “country of particular concern.” “We are seeing impunity for […]

CLICK HERE TO READ MORE

The last places on earth without reported cases of coronavirus

Despite infecting more than three million people around the world, there are still 34 countries and territories that have yet to report a single case of the novel coronavirus. These include Comoros, Lesotho, Tajikistan, Turkmenistan and tiny far-flung island nations in the Pacific, such as Nauru, Kiribati and the Solomon Islands. As of April 20, […]

CLICK HERE TO READ MORE