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Monthly Archives: November 2020

Shoaib Akhtar opposes Azhar’s removal as captain


November 10, 2020

jp ISLAMABAD: Former Pakistan pacer Shoaib Akhtar has opposed Azhar Ali’s removal from Test captaincy, saying the Lahore-born cricketer would give his 100 per cent in the upcoming matches. Pakistan lost the first Test against England in Manchester despite being in a winning position and Azhar’s captaincy really came under fire from all quarters. According to reports, he is likely …

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Northern score second win despite Saud’s heroics, KP down SP


November 10, 2020

KARACHI: Despite a courageous century from Saud Shakeel, Northern cantered to their second victory on the trot in the Quaid-e-Azam Trophy First XI championship here on Monday when they nailed Sindh by 128 runs at the UBL Sports Complex. Khyber Pakhtunkhwa ended their barren run as they won for the first time this season by inflicting Southern Punjab, who began …

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Babar likely to replace Azhar as Test skipper


November 10, 2020

KARACHI: Pakistan Cricket Board chairman Ehsan Mani and CEO Wasim Khan will meet senior batsman Azhar Ali on Tuesday (today) in Lahore to officially convey to him about the decision of his removal as Test captain, reliable sources in the Board said on Monday. As per the sources, the PCB has decided to replace Azhar with prolific batsman Babar Azam …

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ECC forms two committees to ensure wheat availability


November 10, 2020

ISLAMABAD: With wheat subsidy estimates going beyond Rs130 billion this year, the government is likely to arrange importing Russian commodity through land route via Kazakhstan and Afghanistan and increase minimum support price (MSP) close to Rs1,800 per 40kg. The Economic Coordination Committee (ECC) of the Cabinet in its meeting on Monday with Finance Adviser Dr Abdul Hafeez Shaikh in the …

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Reforms approved to usher in competitive power markets


November 10, 2020

ISLAMABAD: In a long outstanding major development, the National Electric Power Regulatory Authority (Nepra) on Monday approved an 18-month roadmap to the electricity stock exchange — Competitive Trading Bilateral Contract Market (CTBCM) — to convert the existing captive (single buyer) electricity market into a liberal multi-buyer environment. Conceptually, this would mean the power generators and purchasers will have freedom to …

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World stocks, oil rally on vaccine news


November 10, 2020

NEW YORK: Wall Street followed world equity indexes to record levels and crude prices surged on Monday, as promising developments toward a coronavirus vaccine and the prospect of improved trade relations under President-elect Joe Biden gave a jolt to investor risk appetite. All major US stock indexes touched all-time highs and crude prices jumped more than 10 per cent. Pfizer …

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KSE-100 index closes flat amid mixed sentiments


November 10, 2020

KARACHI: Stocks re­mained range bound on Monday with the KSE-100 index finishing off the session with tiny gain of 54.43 points (0.13 per cent) at 40,784.04. While the international equity and oil markets were celebrating the victory of Joe Biden, the local bourse joined in early hours as the index jumped to intra-day high by 212 points. But then, the …

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Sugar price moves up despite ‘fine’ imports


November 10, 2020

KARACHI: As the government trumpets decline of Rs15-20 per kg in the price of sugar in coming days, the wholesale rates of the sweetener has further swelled to Rs99-100 per kg from Rs98 per kg. Wholesale sugar price has already witnessed a jump of Rs5 per kg ahead of Rabi ul Awal to Rs98 per kg despite frequent imports by …

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Tom Parker ‘cried his eyes’ out after son’s birth amidst cancer battle


November 10, 2020

British singer Tom Parker and wife Kelsey Hardwick recently welcomed a new addition into their family, only weeks after the musician’s cancer diagnosis. Opening up about his newborn son and how he embraced fatherhood in the midst of his battle with cancer, The Wanted member, 32, said that he lost control of his emotions. Talking to OK! UK, Parker said: …

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