Real Madrid won the Clasico and might have saved their season as they ended their slump in the best way possible on Sunday by beating Barcelona 2-0 and returning to the top of La Liga. Vinicius Junior’s deflected finish and a stoppage-time goal from Mariano Diaz decided a frenzied contest at the Santiago Bernabeu, where […]
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ISLAMABAD: Facing a revenue shortfall of over Rs480 billion in the first eight months of the current financial year, the government has increased by up to 106 per cent the rate of petroleum levy on various oil products to raise an additional revenue of Rs10bn per month, or at least Rs40bn by June 30. Documents […]
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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has asked the prime minister to declare a national power emergency and take drastic steps for scaling down about Rs1.93 trillion circular debt which, according to the regulator, is significantly higher than reported by the power division. In a recent presentation to the prime minister, the regulator […]
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With the viral outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further. That has sent shares tumbling for oil giants like Exxon and Chevron while smaller producers with idling rigs continue to slash jobs. Hundreds of new cases of the virus that causes the COVID-19 disease […]
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Pakistan’s consumer price inflation (CPI) slowed to 12.4 per cent in February from the same month a year earlier, Pakistan Statistics Bureau said on Monday. The bureau had recorded the CPI inflation at 14.56pc in January, the highest in a decade. State Bank of Pakistan in late January had kept rates unchanged at 13.25pc, citing […]
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Stocks rebounded on Monday with the KSE-100 index recouping 1312.68 points (3.34 per cent) on the first trading day of the week as Pakistan Bureau of Statistics (PBS) figures showed the inflation easing in February. At the close of the day, the index settled in the green at 39,296.30. The lowest level the index reached […]
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ISLAMABAD: The opposition Pakistan Peoples Party (PPP) has rejected the call given by some elements threatening the proposed women’s march on the occasion of International Women’s Day on March 8 as “unwarranted, uncalled for and totally unacceptable”. In a statement issued on Sunday, PPP secretary general and former Senator Farhatullah Babar said the Constitution guaranteed […]
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Minister for Human Rights Shireen Mazari on Monday condemned those political leaders who were calling on people to “forcibly stop Aurat March”, set to take place on March 8. “Women, like other segments of society, have a right to peacefully protest and demand their rights already enshrined in our Constitution,” Mazari said on Twitter. “Our […]
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The licenses of 25 private education institutes in Karachi that were open on Monday — despite the Sindh government’s order a day earlier to close in light of the coronavirus outbreak — have been suspended. Sindh Chief Minister Syed Murad Ali Shah, while presiding over a meeting of the Task Force on coronavirus in Karachi […]
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The National Accountability Bureau on Monday filed a new reference against former prime minister Nawaz Sharif, former president Asif Ali Zardari, and former prime minister Yousuf Raza Gilani in the fake accounts case. The reference has been filed at an accountability court in Islamabad. The reference, a copy of which is available with Dawn.com, also named […]
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