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Daily Archives: December 1, 2020

Smith hits dizzy heights after being laid low by vertigo


December 1, 2020

SYDNEY: Australia run-machine Steve Smith scored his second successive century against India to give the hosts an unassailable 2-0 lead in the three-match ODI series but the top order batsman said he almost missed Sunday’s match due to a bout of vertigo. Smith said a team doctor put him through his paces to see if he was fit to take …

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Warner in doubt for India Tests, Short called up for T20s


December 1, 2020

SYDNEY: Star opening batsman David Warner faces a battle to be fit for the India Test series after Cricket Australia said on Monday he will miss the last One-day International and the three-match Twenty20 series. Warner limped out of Sunday’s One-day International against India after straining his groin while fielding as Australia secured the series 2-0 in Sydney. After a …

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Rain washes out final T20 International between NZ, West Indies


December 1, 2020

MOUNT MAUNGANUI: Rain washed out the third and final Twenty20 International between New Zealand and the West Indies on Monday, leaving the hosts with a 2-0 winners of the three-match series. Only 2.2 overs were possible before heavy rain forced the players from the field at Bay Oval. The rain set in and umpires called off the match at 9.20pm …

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Stocks recover 262 points in see-saw trade


December 1, 2020

KARACHI: Stock market showed great resilience on Monday in the face of flaring political temperature in the country where the government and the opposition alliance stood face-to-face in the city of Multan in bitter confrontation. The stocks opened in the negative and the KSE-100 index slipped 237 points, but soon the investors seemed to throw all caution to the wind, …

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Opec to extend oil cuts by three months


December 1, 2020

DUBAI: The Organisation of the Petroleum Exporting Countries (Opec) members have reached a consensus on the need to extend existing oil production cuts for three months from January and will work on convincing their allies in the wider Opec+ group to support such a move, Algeria’s minister said on Monday. Algerian Energy Minister Abdelmadjid Attar, holder of Opec’s rotating presidency, …

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Expensive hockey equipment big hurdle in game’s promotion: Tauqir Dar


December 1, 2020

LAHORE: Former hockey Olympian Tauqir Dar has urged the government to take necessary steps to bring the prices of sports equipment down in order to promote the sports culture in the country and make it affordable for athletes and sportspersons. Talking to reporters at the Dar Hockey Academy, at the National Hockey Stadium here on Saturday along with ex-Test cricketer …

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November tax collection close to target at Rs346bn


December 1, 2020

ISLAMABAD: The Federal Board of Revenue (FBR) collection in November stood at Rs346 billion, missing the target of Rs348 billion. However, it posted over 3pc year-on-year growth from Rs335bn collected in the same month last year, provisional data showed on Monday. However, the board collected Rs1.686 trillion during the first half (July-November) of this fiscal year exceeding the projected target …

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Hafeez urges administrative action to reduce profiteering


December 1, 2020

ISLAMABAD: Finance Adviser Dr Hafeez Shaikh on Monday urged provincial governments to take necessary administrative measures to reduce high-profit margins between wholesale and retail levels. The direction came from the adviser during the National Price Monitoring Committee (NPMC) meeting which he was chaired. Minister for Industries Hammad Azhar, Special Assistant on Revenue Dr Waqar Masood, and federal secretaries attended the …

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Prices of some oil products increased, others’ unchanged


December 1, 2020

ISLAMABAD: The government on Monday increased prices of High Speed Diesel (HSD) and Liquefied Petroleum Gas (LPG) by 3.94pc and 1.48pc, respectively, with immediate effect. However, by reducing some taxes it kept prices of petrol, kerosene oil and light diesel oil unchanged for the next 15 days, according to an announcement made by the ministry of finance. As such, the …

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