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Daily Archives: October 8, 2021

Toyota Yaris shines in Pakistan after failing to gain traction in India


October 8, 2021

ts KARACHI: While Toyota India has recently announced the move to discontinue Toyota Yaris, the same car in Pakistan has been shining since its launch in May 2020. In India, Yaris was launched in 2018 to compete with Honda City, Maruti Suzuki Ciaz and Hyundai Verna. In Pakistan, the launch of Toyota Yaris initially hit the sales of in-house product …

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Pakistan’s growth expected to ease to 3.4pc: WB


October 8, 2021

ISLAMABAD: Highlighting certain downside risks, the World Bank on Thursday said Pakistan’s economic growth rate slightly came down to 3.4 per cent during the current fiscal year against 3.9pc of last fiscal year. However, it pointed out, the growth rate can hit the 4pc mark in the next fiscal year (2023) if the government implemented key structural reforms. “In Pakistan, …

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Higher wheat output target fixed amid water woes


October 8, 2021

ISLAMABAD: The Federal Committee on Agriculture (FCA) on Thursday fixed wheat target at 28.9 million tonnes from a sowing area of 9.2 million hectares for the rabi season 2021-22, an increase of 1.4 million tonnes over last year’s production. Punjab will be producing 21.94 million tonnes, almost 75 per cent of the total wheat target, followed by 4,200,000 tonnes by …

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Ancient river delta bolsters search for signs of life on Mars


October 8, 2021

PARIS: Images from Mars reveal how water helped shape the Red Planet’s landscape billions of years ago, and provide clues that will guide the search for evidence of ancient life, a study said on Thursday. In February, Nasa’s Perseverance rover landed in Jezero crater, where scientists suspected a long-gone river once fed a lake, depositing sediment in a fan-shaped delta …

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Tanzania-born novelist wins Nobel Literature Prize


October 8, 2021

STOCKHOLM: Tanzanian-born novelist Abdulrazak Gurnah on Thursday won the Nobel Literature Prize for his writings on post-colonialism and the trauma of the refugee experience. Gurnah, who grew up on the island of Zanzibar but arrived in England as a refugee at the end of the 1960s, is the fifth African to win the Nobel Literature Prize. The Swedish Academy said …

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Saudi Arabia-led consortium completes Newcastle takeover


October 8, 2021

LONDON: English Premier League club Newcastle United was sold to Saudi Arabia’s sovereign wealth fund on Thursday after a protracted takeover and legal fight involving concerns about piracy and rights abuses in the kingdom. The 300-million-pound ($409 million) takeover by the Saudi Public Investment Fund initially collapsed last year over concerns about how much control the kingdoms leadership would have …

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Spain end Italy’s long unbeaten run to reach Nations League final


October 8, 2021

MILAN: Ferran Torres put Spain into the Nations League final with a brace in a 2-1 win that ended European champions Italy’s world record unbeaten run at 37 matches in front of their own fans at the San Siro stadium. Italy, trailing by two goals at the break, had to play the entire second half with 10 men after captain …

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New Zealand willing to reschedule tour, claims Ramiz


October 8, 2021

ISLAMABAD: Three weeks after calling off their tour of Pakistan due to security concerns, New Zealand are willing to reschedule the series and Pakistan Cricket Board chairman Ramiz Raja said on Thursday that there will be more information regarding that in a weeks’ time. Ramiz was briefing the Senate Standing Committee on Inter-Provincial Coordination, which met here with Senator Mian …

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Stokes set to miss Ashes


October 8, 2021

LONDON: England all-rounder Ben Stokes could miss the Ashes series in Australia after undergoing another operation on his injured finger, the England and Wales Cricket Board (ECB) announced on Thursday. The 30-year-old has not played since July, when it was announced he was taking a break to focus on his mental wellbeing and to rest his left index finger. “Ben …

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