MANCHESTER: The head of African football, Ahmad Ahmad, has been banned from football for five years by FIFA following an ethics investigation by world soccer’s governing body. Ahmad, who is president of the Confederation of African Football (CAF), had intended to stand in an election in March in which he would have faced a number of challengers. FIFA said in …

ISLAMABAD: Reviewing price trend of essential commodities on Monday, the National Price Monitoring Committee (NPMC) urged provincial governments for proactive measures to ensure availability of kitchen items at an affordable price. The NPMC meeting chaired by Finance Adviser Dr Hafeez Shaikh reviewed the price trend of wheat flour, sugar, tomatoes, onions, vegetable ghee, potatoes and chicken on weekly basis. The …

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to formulate laws related to establishment of Digital Assets in the country and defining the status of cyber currency. The first briefing in this regard was held here Monday in the SECP head office. The meeting was led by Additional Director, Primary Market Approvals, Securities Market Division Najia Ubaid …

KARACHI: Rupee depreciated by another 32 paisas on Monday as demand for dollar spiked after importers rushed to open letter of credits (LCs) in fears of rising number of Covid-19 cases and lockdowns. Currency experts in the inter-bank market said the dollar on Monday was traded at Rs161.04 compared to Rs160.72 on Nov 20. Earlier, the dollar had lost against …

ISLAMABAD: Major stakeholders including commercial and industrial representatives on Monday opposed increase in prescribed gas prices demanded by the Karachi based Sui Southern Gas Company Ltd (SSGCL) to meet its revenue requirements for the current fiscal year. Instead the All Pakistan Textile Mills Association (Aptma) made a case for cut in the well-head gas price to reduce the cost of …

ISLAMABAD: Blaming the PML-N government for leaving behind “landmines”, Planning and Development Minister Asad Umar on Monday claimed that the decisions taken by the PTI government would have a cumulative impact of more than Rs300 billion on electricity costs over the next three years (2021-23). Speaking at a news conference, Mr Umar, who also heads the Cabinet Commit­tee on Energy …

Nicole Kidman’s daughters have found quarantine life extremely “difficult” and taxing. The actress touched upon her children’s struggles regarding being stuck at home, during an interview with Glamour UK. She explained, “Our kids — because we travel, and we won’t be apart — are used to having to learn online, but the social distance has been very difficult for them. They …

i Lori Loughlin seems to be doing much better in prison after last time’s update from prison. According to an insider, the Full House actor has made several friends and is often seen spending her time praying. “Lori has been doing OK and has made several friends,” an insider told Us Weekly. “She hangs out with a group and keeps to herself.” The …

Miley Cyrus is celebrating being alcohol-free for two months after COVID-19 outbreak made her fall off her sobriety. During an interview with Zane Lowe for Apple Music, released on Monday, the former Disney star revealed, “Well, I, like a lot of people, being completely honest, during the pandemic fell off … and I would never sit here and go, ‘I’ve been …

Taylor Swift did not attend this year’s  American Music Awards despite winning numerous accolades at the event. The singer took home the trophies for  Favourite Female Artist – Pop/Rock, Favorite Music Video and Artist of the Year, which she acceptedvirtually from her studio. Fans were left baffled as to why Swift did not come to collect the awards in person. …