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Daily Archives: June 18, 2020

Google releases new ad features


June 18, 2020

Alphabet’s Google on Wednesday introduced new advertising features intended to help local businesses get more customers and recover from the coronavirus pandemic. The features come as retailers across the United States were battered after being forced to shut their doors in March as the health crisis spread, and are now navigating reopening as the economy confronts a recession. Google, the …

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Dexamethasone price skyrockets in Pakistan


June 18, 2020

KARACHI: After UK-led clinical trial showing encouraging results of dexamethasone drug in Covid-19 treatment, the price of the life-saving drug has been increased by 100 percent in the wholesale and retail markets of Karachi. Speaking on the matter, Wholesale Chemist Council of Pakistan President Muhammad Atif Hanif has blamed pharmaceutical companies for the shortage and hike in the price of …

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LHC hears petition against sale of recovered COVID-19 patients’ plasma


June 18, 2020

LAHORE: The Lahore High Court (LHC) on Thursday took up a constitutional petition against sale of plasma of recovered COVID-19 patients. A bench of the high court headed by Chief Justice Muhammad Qasim Khan directed the provincial health secretaries to appear in person on the next hearing to explain the situation and adjourned the hearing till June 23. Advocate Arshad …

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US daily virus deaths drop below 1,000 for 7 days in a row


June 18, 2020

The United States recorded 840 deaths from the new coronavirus in the past 24 hours, according to data from Johns Hopkins University Wednesday, the seventh day in a row the toll has dropped below 1,000. The country remains the most affected in the world by the pandemic in absolute terms, with more than 117,000 deaths overall and more than 2.1 …

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Rs52.61bn supplementary grants approved


June 18, 2020

ISLAMABAD: Just five days after the announcement of federal budget 2020-21, the government on Wednesday approved about one and half a dozen supplementary grants involving a total financial estimate of Rs52.61 billion. The decisions were taken at a meeting of the Economic Coordination Committee (ECC) of the Cabinet presided over by Finance Adviser Dr Abdul Hafeez Shaikh. The ECC decided …

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Nepra wants hydel power reclassified as renewable


June 18, 2020

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday directed the power sector entities to immediately include hydroelectric power in the definition and policy of the Alternate and Renewable Energy (ARE) sources. The decision comes at a time when the Cabinet Committee on Energy (CCoE), led by Planning Minister Asad Umar directed the Power Division to resolve immediately all …

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Champions League to be completed with eight-team tournament in Lisbon


June 18, 2020

NYON: This season’s Champions League, suspended in March because of the Covid-19 pandemic, will be completed with an eight-team mini-tournament which will be held in Lisbon in August, European football’s governing body UEFA said on Wednesday. The quarter-finals and semi-finals will be staged over one leg, instead of the usual two, with the final to be held on August 23, …

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$500m sought from World Bank for policy reforms


June 18, 2020

ISLAMABAD: The government is seeking a loan of $500 million from the World Bank to enhance the policy and institutional framework for improving fiscal management and regulatory framework. It is learnt that the World Bank executive board will approve the government’s request with the start 2020-21 in July. The proposed Resilient Institutions for Sustainable Economy (RISE) is the first in …

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BUDGET 2020-21: Sindh reduces ADP to Rs232.9bn


June 18, 2020

KARACHI: Due to low inflows from the centre, Sindh government has red­uced its Annual Develop­ment Plan (ADP) to Rs232.9 billion for FY21, allocating Rs155bn to provincial and Rs15bn to schemes. The provincial government also expects Rs54.6bn from Foreign Projects Assistance and Rs8.3bn from the Federal PSDP for 10 schemes under execution by the Sindh administration. As per the document, the …

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Don’t sweat saliva ban, Dukes ball-maker offers solution


June 18, 2020

NEW DELHI: England’s premier ball manufacturer has some advice for bowlers worried about being unable to generate swing due to a ban on the use of saliva to shine the ball: “Carry a cotton towel.” Polishing one side with sweat and saliva has been used by fast bowlers to alter the aerodynamics of the ball but the International Cricket Council …

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