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Daily Archives: February 25, 2019

Mahershala Ali wins best supporting actor Oscar


February 25, 2019

Hollywood, United States: Mahershala Ali won the best supporting actor Oscar on Sunday for his portrayal of a black classical pianist traveling through the segregated American South in the 1960s with a white driver in “Green Book.” Ali, the heavy favorite in the category bested a strong field: Adam Driver (“BlacKkKlansman”), Sam Elliott (“A Star Is Born”), Richard E. Grant …

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WATCH: Lady Gaga in tears as she takes Oscar for best original song


February 25, 2019

Hollywood, United States: Lady Gaga is a Grammy winner many times over. On Sunday, the pop diva became an Oscar winner, taking the trophy for best original song for her power ballad “Shallow” from “A Star Is Born.” Before accepting the award at the Dolby Theatre, Gaga belted out the number with her co-star Bradley Cooper. On stage, she was …

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Jaaved Jaaferi’s hilarous tweet shows Trump dancing on Ranveer Singh’s ‘Malhari’ song


February 25, 2019

Famed Indian actor/comedian/choreographer Jaaved Jaaferi prompted a series of laughter amongst Twitter users when he posted a hilarious tweet. Taking a dig at Donald Trump, Jaaved shared a video that shows the US President’s face morphed on the footage as he shakes a leg on Ranveer Singh’s famous song ‘Malhari’ from his blockbuster hit ‘Bajirao Mastani’, in which he essays …

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Deadly Bangladesh fire shows lapses in development


February 25, 2019

DHAKA: A fire in Bangladesh that killed at least 67 people in the oldest part of the capital shows the lapses in public safety that still plague the South Asian country despite its rapid economic growth. While the government of Prime Minister Sheikh Hasina touts the garment factories and gleaming office towers in Dhaka’s north side as signs of progress, …

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Banks should take SME financing seriously


February 25, 2019

Banks in Pakistan lend to small and medium enterprises (SMEs) selectively and, at times, reluctantly. They have a reason to do so: about 95 per cent of SMEs work in the informal sector i.e. they are not documented. Lending to them is far riskier than lending to a tax-paying individual. That explains why banks offer personal loans generously, but keep …

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Rice: our ‘orphan’ export product


February 25, 2019

Basmati rice is Pakistan’s celebrated export. But its production and exports have slipped of late. The absence of research and development makes it extremely difficult for the rice sector to prepare for new challenges. The high status of basmati rice as a major export commodity conceals the fact that its contribution to the economy is below its potential. Without a …

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When ideas become prisons


February 25, 2019

THE emerging consensus on the broad objectives of the International Monetary Fund (IMF) stabilisation programme has been reinforced by the meeting of Prime Minister Imran Khan with IMF Managing Director Christine Lagarde, held recently in Dubai. However, the prolonged negotiations show that views on specifics and pace of reform differ sharply. This time, based on decades of past experience, there …

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Banking stocks fly high on cheaper valuations


February 25, 2019

Among 35 sectors on the Pakistan Stock Exchange (PSX), commercial banks stand out with their aggregate paid-up capital of Rs387 billion and market capitalisation of Rs1.46 trillion. Around two dozen banks are listed on the exchange. The five biggest banks — MCB Bank, Habib Bank Ltd (HBL), United Bank Ltd (UBL), Allied Bank Ltd (ABL) and National Bank of Pakistan …

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Ngidi returns as Amla axed from ODI squad


February 25, 2019

JOHANNESBURG: Fast bowlers Lungi Ngidi and uncapped Anrich Nortje were named in a 14-man South African squad on Sunday for the first three of five one-day internationals against Sri Lanka. Veteran batsman Hashim Amla was not included for the start of South Africa’s last series before the Cricket World Cup in England from May to July – but selection convener …

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Sri Lanka savour rare cricket win away from Asia


February 25, 2019

COLOMBO: Sri Lankan politicians, cricket legends and newspaper were gushing praise on Sunday after the national team’s ‘unthinkable’ series triumph against South Africa — the island becoming the first Asian side to win a series there. The depleted Sri Lankan side led by interim captain Dimuth Karunaratne won the two-Test series at St George’s Park in Port Elizabeth on Saturday …

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