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Daily Archives: February 27, 2019

Indian share market extends losses


February 27, 2019

ISLAMABAD: After opening lower, the Indian stock markets — Sensex and Nifty — extended losses on Tuesday, following violation of Line of Control by the Indian Air Force, Business Today of India reported. According to the report, the Sensex plunged nearly 500 points in opening deals and Nifty slipped below the 10,740 level. Most of the Bombay Stock Exchange sectoral indices were …

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Stocks plunge 785 points amid border tensions


February 27, 2019

KARACHI: Panic swept the trade floor on the stock market as news of Indian military jets crossing into Pakistan flashed on the news screens. As a result, the KSE-100 index dipped by 785.12 points to close at 38,821.67. The Inter-Services Public Relations confirmed early morning that Indian military jets had violated Pakistan’s airspace in the dead of the night. Although the Indian …

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Jayasuriya banned for two years: ICC


February 27, 2019

Sri Lankan cricket legend Sanath Jayasuriya has been banned from all cricket for two years after admitting two breaches of the International Cricket Council (ICC) Anti-Corruption Code, the sport’s governing body announced on Tuesday. The 49-year-old — regarded as one of the greatest One Day International (ODI) batsmen of all time and was pivotal in winning the 1996 World Cup …

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Departments reject ‘sponsor’ role in domestic cricket


February 27, 2019

LAHORE: Majority of the departments have opposed the new domestic plan under which the Pakistan Cricket Board (PCB) wants to confine the departments’ role to just sponsor the regions instead of fielding their own teams in the domestic cricket season, Dawn learnt on authority. The PCB Task Force headed by retired Lt Gen Muzammil Hussain held the meeting with the …

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Polish hockey team to tour Pakistan in April


February 27, 2019

ISLAMABAD: Poland’s hockey team will tour Pakistan in April to play matches with the local development squads, it was announced on Tuesday. Pakistan Hockey Federation president retired Brig Khalid Sajjad Khokhar, flanked by secretary Shahbaz Ahmed Senior, announced this here at a press conference after the PHF congress meeting. Poland’s team would visit Pakistan on a one-week tour during which …

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Wealth of talent in PSL pleases Ronchi


February 27, 2019

DUBAI: Dashing Islamabad United opener Luke Ronchi has praised the wealth of talent at display in the HBL Pakistan Super League and cherished his match-winning knock in last year’s final in Karachi which lifted his franchise to the second title in three years. Ronchi, who is one of the very few players to have played for two nations — his …

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Iran FM Zarif announces resignation on Instagram


February 27, 2019

Iranian Foreign Minister Mohammad Javad Zarif, who was the lead negotiator in a landmark 2015 nuclear deal with major powers, has abruptly tendered his resignation, although there was no sign President Hassan Rouhani had accepted it. Zarif offered an apology for his “shortcomings” in the unexpected message on Instagram on Monday, with prominent members of parliament immediately calling for Rouhani …

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International community urges Pakistan, India to exercise restraint


February 27, 2019

China on Tuesday urged India and Pakistan to “exercise restraint” after the Inter-Services Public Relations said that Indian warplanes violated the Line of Control (LoC) last night and released their payload in Muzaffarabad sector of the Azad Jammu and Kashmir (AJK). “We hope that both India and Pakistan can exercise restraint and adopt actions that will help stabilise the situation in the …

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Taliban hopeful on deal amid new round of talks with US


February 27, 2019

The Afghan Taliban and Washington’s peace envoy are close to reaching an agreement on US troop withdrawal from Afghanistan, a spokesman for the insurgents said on Tuesday amid a new round of talks with the United States. Suhail Shaheen, the spokesman, said the deal will also include guarantees that Afghanistan will not be used again as a staging arena for …

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