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Daily Archives: March 5, 2021

NA panel objects to bill for surcharge imposition powers


March 5, 2021

ISLAMABAD: A parliamentary panel on Thursday res­isted a government bill seeking powers to impose surcha­rge on electricity consumers required under the IMF de­al, while the standing committee on finance unanimously clea­red another bill for corporate restructuring of companies. At a meeting of the Standing Committee of the National Assembly on Power, the secretaries of Power and Finance pleaded clearance of …

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Meltdown on PSX after finance minister loses Senate contest


March 5, 2021

KARACHI: The stock market witnessed a bloodbath on Thursday with red splashed across the board. The KSE-100 index opened with a massive loss of 942 points and within minutes caved in to hit intraday low by 1,073 points. The index closed with a loss of 882 points, or 1.91 per cent, at 45,279, with a huge sum of Rs143bn wiped …

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CCoE asks for assessment before reducing port charges for LNG


March 5, 2021

ISLAMABAD: The Cabinet Committee on Energy (CCoE) on Thursday did not immediately allow reduction in port charges on handling of liquefied natural gas (LNG) demanded by the Petroleum Division and ordered an independent assessment to reach a decision on charges competitive in the region. At a meeting of the CCoE presided over by Minister for Planning and Development Asad Umar, …

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HBL signs MoU to promote low-cost housing


March 5, 2021

KARACHI: Habib Bank and Akhuwat signed strategic MoU to work on providing affordable housing to the masses, said a press release issued on Thursday. The MoU was signed in Lahore by HBL Head of Islamic Banking Muhammad Afaq Khan and Akhuwat Founder Dr Amjad Saqib. Through this MoU, HBL will come together with Akhuwat to roll out a programme that …

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ECC to examine Rs6.4bn Ramazan relief package


March 5, 2021

ISLAMABAD: The Economic Coordi­nation Committee (ECC) of the cabinet is likely to take up and approve a Rs6.37 billion Ramazan relief package to give a subsidy of around Rs40 per kilogram on sugar, ghee and wheat flour to the masses. Sources in the Ministry of Industries and Production confirmed that a summary had been forwarded to the ECC for approval. …

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Mariah Carey’s brother approaches court against the singer


March 5, 2021

American singe Mariah Carey has found herself in legal trouble after  releasing her recent  book “The Meaning of Mariah Carey”. The singer’s older brother on Wednesday sued  her, accusing her of defamation and inflicting emotional distress. According to Reuters, Morgan Carey is seeking unspecified damages in a complaint filed in a New York state court in Manhattan, including over book …

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Gigi Hadid calls six-month-old Khai her “Big girl” in sweet photo


March 5, 2021

New mother Supermodel Gigi Hadid is being wowed by her six-month-old daughter Khai who she called “My big girl”. The 25-year-old fashion model shared a cute picture of her infant on Instagram Story on Thursday, wowing the way she is growing up. The model has “My big girl,” written on the snap. In the photo, Khai is seen lying on …

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Daisy Ridley recalls Internet tiff with Senator Ted Cruz


March 5, 2021

American actress Daisy Ridley recalled her wrangle over the Internet with a politician who called her an “emotionally tortured Jedi” with her responding in the same coin that she is happy to be so. The actress said this while remembering the February Twitter brawl with Texas Senator Ted Cruz who subtweeted her, saying that she is an “emotionally tortured Jedi” …

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Selena Gomez set to release first Spanish album ‘Revelación’, shares tracklist and collaborators


March 5, 2021

Selena Gomez shared the tracklist and collaborators for her upcoming first all-Spanish album Revelación on Tuesday. The pop star unveiled the names of seven songs in an Instagram post, featuring clips of her previously released EP singles, “De Una Vez” (At Once) and “Baila Conmigo” (Dance With Me) with Puerto Rican singer-rapper Rauw Alejandro. The music sensation’s tracklist also revealed …

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