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Daily Archives: July 6, 2021

Govt borrowings rise by 12pc in 11MFY21


July 6, 2021

KARACHI: The government’s domestic debt and liabilities increased by 12 per cent to Rs26.755 trillion during the 11 months of the current fiscal year (11MFY21) compared to Rs23.876tr in June 2020. The government borrowed Rs2.88tr during 11MFY21, with most of the amount accumulated through the Pakistan Investment Bonds and market treasury bills (T-bills). The PIBs attracted $263 million also as …

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NA panel wants PM, CCI to intervene for water report release


July 6, 2021

ISLAMABAD: As the report on water distribution, which had to be released in one month, has been pending with the Attorney General Office for the last one year, the National Assembly Standing Committee on Water Resources on Monday requested Prime Minister Imran Khan and the Council of Common Interests (CCI) to intervene in the matter and get the report released. …

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Djokovic joined by parade of newcomers in quarters


July 6, 2021

LONDON: Novak Djokovic marched effortlessly into his 50th Grand Slam quarter-final as Ons Jabeur became the first Tunisian player to make the last-eight at the All England Club, leading a host of first timers to reach the landmark on ‘Manic Monday’. World number one Djokovic, chasing a sixth Wimbledon and record-equalling 20th major, eased into the last-eight at the tournament …

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Haris likely to miss ODI series


July 6, 2021

LAHORE: The availability of injury-prone middle-order batsman Haris Sohail for Pakistan’s upcoming One-day International series against England is once again in question, according to a press release issued by the Pakistan Cricket Board from Derby where the national team is practising for the three ODIs and as many Twenty20s against the hosts. “Middle-order batsman Haris Sohail is still feeling slight …

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SNGPL profit surges 69pc in 1QFY21


July 6, 2021

LAHORE: Sui Northern Gas Company Ltd (SNGPL) on Monday announced that the profit-after-tax (PAT) for the first quarter (July-September) of FY21 jumped by 69.20 per cent to Rs3.181 billion compared to Rs1.880bn in the same period the preceding year. The earnings per share (EPS) rose to Rs5.01 in for 1QFY21 as against Rs2.96 in the corresponding quarter of 2019-20. A …

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3 England cricketers, 4 staff members test positive for Covid ahead of Pakistan series


July 6, 2021

Three cricketers and four staff members have tested positive for the coronavirus, the England and Wales Cricket Board (ECB) said on Tuesday. Following PCR tests carried out on Monday in Bristol, three players and four management team members of the men’s ODI party tested positive, the ECB said. “In collaboration with Public Health England, Public Health Wales and Bristol Local …

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Govt plans for next crop after record wheat output


July 6, 2021

ISLAMABAD: Pakistan witnessed record wheat production during the fiscal year 2020-21, with Punjab and Khyber Pakhtunkhwa producing more than the estimated figures, the government announced on Monday. Against the estimated production of 27.33 million tonnes, the country produced 27.539m tonnes of wheat, according to the final figures shared during a meeting of the wheat review committee at the Ministry of …

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ICCI wants taxes on voice calls withdrawn


July 6, 2021

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) on Monday urged the government to withdraw taxes imposed on voice calls. A delegation of representatives from cellular service provider companies visited the chamber premises and met ICCI President Sardar Yasir Ilyas Khan. They expressed concerns over the 75 paisa tax levy on voice calls that exceed the five minute duration in …

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Camp for WI-bound Test cricketers from tomorrow


July 6, 2021

LAHORE: Players of the Pakistan Test squad will attend a 10-day training and conditioning camp under bio-secure protocols at the National Stadium in Karachi from Wednesday ahead of the tour of the West Indies, the Pakistan Cricket Board said on Monday. The camp will have 11 players named to the squad train alongside six additional players under coaches from the …

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