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Daily Archives: October 13, 2020

Clinical KP blow away Southern Punjab to seal semi-final berth


October 13, 2020

KARACHI: Khyber Pakhtunkhwa marched through to the last-four phase of the First National T20 Cup on Monday after completing a 73-run demolition of Southern Punjab in their second-leg fixture in Rawalpindi. In one of the most one-sided encounters witnessed in T20 cricket, Khyber Pakhtunkhwa fired on all cylinders from ball one at the Pindi Cricket Stadium and never gave any …

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Salim Malik upbeat about winning transcript case


October 13, 2020

LAHORE: A turning point came in the case of former Test captain Salim Malik concerning his suspect role in a transcript provided by the ICC to the Pakistan Cricket Board (PCB) when the independent adjudicator retired Justice Fazal Miran Chouhan held the second hearing here on Monday. Talking to media after the hearing, Salim and his lawyer Saood Cheema claimed …

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What’s Azhar enjoying in Islamabad apart from commentating in National T20 Cup?


October 13, 2020

Islamabad: Pakistan’s Test captain Azhar Ali, who is not part of any team in the ongoing National T20 Cup, is trying to keep himself engaged in on-ground activities. Azhar is part of the tournament’s commentary panel. The second leg is being played in Rawalpindi, however, he managed to do morning nets in Islamabad. The 35-year-old posted a video on Twitter. …

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NA body expresses reservations on proposed changes to Nepra law


October 13, 2020

ISLAMABAD: The National Assembly Standing Committee on Energy, Power Division, on Monday expressed serious reservations on amendments proposed for the Nepra Act for providing vague procedures for imposition of surcharges on power rates. The committee, led by Chaudhry Salik Hussain, took up for discussion “The regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill, 2020” commonly known as …

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Body overseeing IPPs deals execution rejigged


October 13, 2020

ISLAMABAD: The government has reconstituted a high-level committee for implementation of memorandums of understanding (MoUs) signed with independent power producers (IPPs) at the earliest. According to a notification issued by the power division, Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has replaced Energy Minister Omar Ayub Khan as head of the committee while Tabish …

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FIFA president Infantino praises Qatar’s World Cup preparations


October 13, 2020

DOHA: FIFA President Gianni Infantino described preparations for the FIFA World Cup Qatar 2022 as ‘impressive’ during a whistle-stop tour of the country this week. Infantino met with tournament organisers and took part in a seven-a-side match at Al Bayt Stadium, a 60,000-capacity venue designed to resemble a traditional Arab tent. The striking arena will be inaugurated in the coming …

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Rs33bn subsidy for housing finance


October 13, 2020

The State Bank of Pakistan (SBP) on Monday announced that for the first time all individuals who will be constructing or buying a new house can avail bank financing at subsidised and affordable markup rates. This facility will be provided with the administrative support of SBP as executing partner with Government of Pakistan and Naya Pakistan Housing and Development Authority …

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Govt debt up by Rs3.4tr in August


October 13, 2020

KARACHI: Provisional data released by the State Bank of Pakistan (SBP) on Monday showed total central government debt rising by Rs3.4189 trillion in the period ending August 2020 compared to the same period last year. But since June the increase is more nominal, coming in at Rs553.6 billion, which suggests that the rapid pace of debt accumulation of the previous …

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Pakistan unlikely to avail $4.5bn Islamic Trade Finance Corporation facility


October 13, 2020

ISLAMABAD: Pakistan is unlikely to fully benefit from $4.5bn financing package it secured about two and years ago from International Islamic Trade Finance Corporation (ITFC) owing to market limitations of the Jeddah-based agency. Pakistan and the ITFC on Monday signed about $400 million worth of two facilities to finance oil and liquefied natural gas (LNG) imports by December this year. …

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Fahad Mustafa shares first look of his character in new film with Mahira Khan


October 13, 2020

Fahad Mustafa on Monday shared the first look of his character from his upcoming film “QuaideAzam Zindabad”. Taking to Instagram, the actor posted a picture in which he is seen wearing the police uniform. Directed by Nabeel Qureshi, the movie also features Mahira Khan and Asli Palijo in vital roles. Fahad said official teaser of the film would be dropped …

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