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Daily Archives: September 25, 2020

Cement ‘cartel’ inquiry proceeds


September 25, 2020

ISLAMABAD: Teams of Competition Commission of Pakistan (CCP) on Thursday carried out search and inspection of All Pakistan Cement Manufacturers Association (APCMA) in Lahore. The move is part of an inquiry launched in May 2020 to investigate possible anti-competitive activities by cement manufacturers. The CCP enquiry was initiated on the information gathered through various media reports and complaints regarding increase …

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Hafeez asks for improvement in data integrity, reliability


September 25, 2020

ISLAMABAD: Finance Adviser Dr Abdul Hafeez Shaikh reviewed the government economic performance, and according to one source present in the meeting, asked whether the improvements in fiscal and external accounts were helping the well being of the people. While presiding over a meeting of the Monetary and Fiscal Policies Coordination Board (MFPCB), the adviser also desired that Pakistan Bureau of …

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SBP eases cash margin curb on imports


September 25, 2020

KARACHI: The State Bank of Pakistan (SBP) on Thursday eased 100 per cent cash margin requirements on the import of certain raw materials to support manufacturing and industrial sectors. The central bank said the easing of the cash margin would further enhance capacity of manufacturing and industrial sectors to contribute towards the recovery of the economy in post Covid-19 era. …

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Consortium to invest hugely in two mega projects, PM told


September 25, 2020

ISLAMABAD: Prime Minister Imran Khan was informed on Thursday that some leading businessmen of the country have formed a consortium to make a huge investment in two mega development projects — Urban Development and Bundle Island Project (UDBSP) in Karachi and Ravi River Front Urban Development Project (RRFUDP). In a separate meeting of the National Coordination Committee (NCC) on Housing, …

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Govt estimates IPP talks could save Rs856bn over next decade


September 25, 2020

ISLAMABAD: The government is claiming to have saved about Rs856 billion over a period of 10 years on account of renegotiation with independent power producers (IPPs) and change in terms of contracts and closure of public sector power projects. This was the crux of a meeting of the Cabinet Committee on Energy (CCoE) presided over by Minister for Planning and …

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Selena Gomez slays sizzling summer style in blue swimsuit


September 25, 2020

Singer Selena Gomez shared a steamy picture of herself modeling a blue one-piece swimsuit to stun fans. Flaunting her beauty in the mini outfit, Gomez opened up about her journey of accepting and embracing the scar she has from her kidney transplant surgery in 2017. She captioned her stunning photo, “When I got my kidney transplant, I remember it being …

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Here’s how Caitlyn Jenner responded when a friend asked for a date with Kendall Jenner


September 25, 2020

Caitlyn Jenner   gave a tit-for-tat response when she was asked by her friend for a date  with her  Kendall Jenner. The Capital Breakfast host Roman and Caitlyn became close friends while working on the “I’m A Celebrity… Get Me Out Of Here!”. Talking to Metro, Roman revealed that he became single after parting ways with his girlfriend Anne Sophie-Flurry. Sharing …

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Kris Jenner drops major truthbomb about Khloe Kardashian, Tristan Thompson having another baby


September 25, 2020

Khloe Kardashian is carrying her second child with boyfriend Tristan Thompson, her mother Kris Jenner just hinted. The truthbomb was dropped when Kris made an appearance on The Ellen DeGeneres show on Thursday, wherein he suggested that her daughter might be having another baby with serial cheater Tristan. “Khloé and Tristan are hanging out a lot, so maybe more with them?” DeGeneres …

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