LAHORE: The Pakistan Cricket Board has signed a contract with a private party to build and operate fitness centres within PCB’s premises at the National High Performance Centres in Lahore and Karachi. The work on these projects is expected to start soon after Eid-ul-Fitr holidays. Though it is a profit-sharing project, the first of its kind signed between the PCB …

The Indian Premier League (IPL) was suspended indefinitely on Tuesday after players or staff at three clubs tested positive for Covid-19. The Board of Control for Cricket in India (BCCI) issued a statement saying local authorities and tournament officials took the decision unanimously to postpone IPL 2021 season, with immediate effect. “The BCCI does not want to compromise on the …

ISLAMABAD: The government has decided in principle to import wheat for building strategic reserves and ensure steady supply of staple food during the current year. A summary will be presented in the next meeting of Economic Coordination Committee of the Cabinet for approval. This was stated by Secretary Ministry of Food Security and Research Ghufran Memon in a meeting of …

KARACHI: The Inter­national Cricket Council (ICC) is in contact with the Emirates Cricket Board to move the upcoming ICC World Twenty20 from India to the UAE since the coronavirus situation in India is worsening by the day. Reliable sources told that the ICC and and the Board for Control of Cricket in India are both convinced that the present Covid-19 …

KARACHI: The country’s oil sales swelled by 57 per cent to 1.67 million tonnes in April from 1.07m tonnes in April 2020. On a month-over-month basis, oil sales jumped 13pc from 1.49m tonnes in March. During 10MFY21, total oil sales rose by 19pc to 15.83m tonnes from 13.34m tonnes during the same period last year. According to Arif Habib Ltd, …

LAHORE: An emergent meeting of the Pakistan Olympic Association (POA) held on Monday expressed its dissatisfaction over the steps the federal sports ministry is going to adopt in the one-sided new national sports policy, as they fear that if implemented all the national sports federations will be banned by their respective international bodies, like FIFA suspended the Pakistan Football Federation …

ISLAMABAD: The country’s freelancers have received more than Rs4 billion since January 2020 using a tech-based solution amid the Covid-19 pandemic, said Ghazanfar Azzam, president and CEO, Mobilink Microfinance Bank, on Monday. Sharing details at a media talk, he said, “Freelance work by IT professionals increased under the circumstances but they were facing the issue of remittances of very small …

LAHORE: The All Pakistan Anjuman-i-Tajiran on Monday rejected the Eid holidays and lockdown from May 8 to 17 and announced that they would keep shops opened till Chand Raat (moon night). “We reject this announcement as the small traders and shopkeepers are already in great trouble due to limited timings of markets (from 9am to 6pm) for five days a …

ISLAMABAD: Finance Minister Shaukat Tarin has said that stabilisation is no more affordable for Pakistan’s economy that should now shift gear towards higher growth and the International Monetary Fund (IMF) would be convinced to relax conditions particularly those related to power tariff hike. Testifying before the National Assembly’s Standing Committee on Finance, Mr Tarin said the higher power tariff was …