TikTok on Thursday assured the growth of its local-language moderation capacity, diligence to take action on content in violation of community guidelines and cooperation with regulators in a statement issued by the popular social media app after orders for its suspension by the Sindh High Court (SHC) until July 8. The popular video-​sharing application said that the creativity and passion of its …

LAHORE: The trials to select 30 national hockey players, out of which 20 will get central contracts, start here in the first week of July, two key officials of the Pakistan Hockey Federa­tion (PHF) said at a press conference here on Wednesday. According to chief selector Manzoor Junior and head coach Khawaja Junaid said on their proposal PHF president retired …

LONDON: After one of the most memorable knockout rounds a European Championship has ever seen, the quarter-finals promise another heavyweight clash in Belgium against Italy on Friday while the fairytale run of at least one of the less fancied teams will continue. Either Denmark or Czech Republic will make the semi-finals with their last eight clash in Baku on Saturday …

LONDON: Novak Djokovic slid, slipped, skidded and stumbled into the third round on Wimbledon’s slick grass Wednesday by beating Kevin Anderson 6-3, 6-3, 6-3. Djokovic didn’t face a break point and committed just six unforced errors, including one with his forehand. But footing continued to be an issue on the third day of the tournament, and Djokovic went sprawling several …

KARACHI: Sohaib Maqsood on Wednesday said that he has no issues where he bats in national colours after a phenomenal run in the recent HBL Pakistan Super League earned the 34-year-old an unexpected spot for the white-ball, tour of England. Talking to reporters during a virtual media conference from Pakistan team’s current base in Derby, Sohaib admitted he will try …

ISLAMABAD: Reporting the petroleum sector’s circular debt at about Rs1.2 trillion, the petroleum division on Wednesday said the National Accountability Bureau’s (NAB) “brutal act” was causing a heavy cost to the economy and needed to be reined in to let the country achieve its potential. Petroleum Secretary Dr Arshad Mahmood, while testifying before the Senate Standing Committee on Petroleum, said NAB …

KARACHI: Foreign investment in Pakistan Investment Bonds (PIBs) witnessed a cumulative net inflow of $256 million during the outgoing financial year as opposed to the trend in Treasury bills (T-bills) and equities. The State Bank of Pakistan’s (SBP) latest data issued on Wednesday revealed that the inflows in equities and T-bills were less than the outflows resulting into negative figures …

ISLAMABAD: Pakistan’s top tax machinery collected Rs4.721 trillion in the outgoing fiscal year exceeding the revised target of Rs4.691tr by Rs30 billion, showed provisional data released by the Federal Board of Revenue (FBR) on Wednesday. A few more billions will be added when revenue collection from book adjustments and others is cleared in the next couple of days. For 2021-22, …

KARACHI: Amid a drop in world gold prices and gaining rupee against the dollar, consumers paid higher rates for the yellow metal during the outgoing fiscal year (FY21). On Wednesday, one-tola and 10-gram (24 karat) gold rates rose by Rs2,800 and Rs2,400 to Rs108,000 and Rs92,592, respectively, from Rs105,200 and Rs90,192 on July 1, 2020. World gold price plunged by …