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Daily Archives: November 3, 2020

Du Plessis among 21 foreign players to feature in PSL playoffs


November 3, 2020

LAHORE: Twenty-one foreign players including South African captain Faf du Plessis will be in Pakistan to play the remaining four matches of the HBL Pakistan Super League Five edition which are to be held in Karachi from Nov 14-17. The matches were originally scheduled to be played in Lahore in March this year but were postponed due to the Covid-19 …

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PSO warns of gas supply disruption in winter


November 3, 2020

ISLAMABAD: Protesting over the inordinate delay in price notification of liquefied natural gas (LNG), Pakistan State Oil (PSO) has warned the government of disruption in the gas supply chain in coming winters. The “situation is seriously affecting the LNG supply chain in the country as PSO and other stakeholders in the LNG supply chain will not be able to claim …

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Power sector circular debt rises to Rs2.26tr


November 3, 2020

ISLAMABAD: The power division’s circular debt has surged to Rs2.26 trillion, an increase of about Rs851 billion since December 2018. Power Division Secretary Ali Raza Bhutta, while briefing the Public Accounts Committee (PAC), explained the reasons due to which the government could not control the circular debt. The circular debt, commonly known as power sector payables, reportedly grew at an …

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October inflation eases slightly to 8.9pc


November 3, 2020

ISLAMABAD: Inflation eased slightly to 8.9 per cent in October, from 9pc in September on the back of a slight decline in prices of fresh fruits and vegetables, data released by the Pakistan Bureau of Statistics showed on Monday. Higher food prices continued to exert upward pressure on inflation as prices of food group rose 16.53pc year-on-year and 3.9pc month-on-month …

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‘Relief rally’: PSX mimics global markets, rebounds after yesterday’s plunge


November 3, 2020

The benchmark KSE-100 gained as much as 1,387 points in intra-day trade on Tuesday as an uptick in oil prices, rally in international markets coupled with the lower-than-expected inflation figures in October lifted the overall market sentiment. “The market witnessed a relief rally after the recent bloodbath. Sentiments improved as both international oil prices and international markets recovered sharply overnight,” …

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Dollar falls below Rs160 for the first time in six months


November 3, 2020

The United States dollar fell to a six-month low against the rupee in the interbank market, losing 14 paisas to reach Rs159.97, according to data released by the State Bank of Pakistan on Tuesday. The last time the dollar stood at similar levels was earlier this year on May 8, when it was changing hands at Rs159.97 in the interbank …

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Justin Bieber to perform on the 2020 People’s Choice Award stage


November 3, 2020

Justin Bieber left fans gushing with news of his upcoming performance at the 2020 People’s Choice Awards. Not only is Bieber planning to grace the stage with his mesmerizing performance but he is also up for a total of seven awards, and has already been dubbed the most-nominated artist of the year, a title previously held by Lady Gaga. Other …

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Harry Styles fans swoon over his new look for upcoming film


November 3, 2020

British heartthrob Harry Styles has sent fans in a tizzy after debuting a complete new look for his upcoming film. A photo of the former One Direction member has been making rounds online where he can be seen looking quite different as he ditched his signature look. The viral shot is from the sets of the Dunkirk actor’s upcoming film Don’t Worry, Darling, …

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Kendall Jenner leaves fans ‘disgusted’ after massive Halloween bash amid pandemic


November 3, 2020

American supermodel Kendall Jenner has been facing quite some backlash after she decided to go big on Halloween in the midst of the coronavirus pandemic. The fashion icon broke California’s state guidelines for the COVID-19 pandemic and threw a massive 25th birthday party on Halloween. All her celebrity friends were present in the big bash, dressed their best to celebrate …

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Lady Gaga has a hilarious response to Donald Trump’s attack


November 3, 2020

American singer Lady Gaga has clapped back at US President Donald Trump’s attack on her over her links with Democratic presidential nominee Joe Biden. In a press release issued earlier, Trump’s communications director, Tim Murtaugh had dubbed the former vice president “desperate” following his decision to bring Gaga on board to help him campaign in Pennsylvania. “Nothing exposes Biden’s disdain …

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