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Monthly Archives: November 2020

PCB terminates contract of Khaleef Technologies over series of breaches


November 24, 2020

LAHORE: The Pakistan Cricket Board (PCB) on Monday terminated yet another contract of HBL Pakistan Super League, this time with WMTR, Fantasy and Clip rights holders, alleging the decision is taken due to a series of contractual breaches despite issuance of repeated requests and constant reminders for compliance with obligations. “The PCB had entered into three-year agreements with Khaleef Technologies …

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Rabada reveals bizarre training regime for England series


November 24, 2020

CAPE TOWN: Fast bowler Kagiso Rabada revealed on Monday that the South African cricket team are training in two groups to minimise the risk of further coronavirus (Covid-19) infections ahead of their white-ball series against England. Two members of the South African squad have tested positive for Covid-19 since the squad assembled last week and two other players had to …

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KP trounce Central Punjab, Northern fall short of incredible win


November 24, 2020

KARACHI: While Khyber Pakhtunkhwa, as expected, condemned struggling champions Central Punjab to defeat, the remaining two fourth-round fixtures in the Quaid-e-Azam Trophy produced contrasting draws here on Monday. Khyber Pakhtunkhwa didn’t waste much time at the UBL Sports Complex in their chase for the remaining 63 runs as Central Punjab suffered their third loss to stay firmly rooted at the …

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FIFA ban African football head for five years after ethics investigation


November 24, 2020

MANCHESTER: The head of African football, Ahmad Ahmad, has been banned from football for five years by FIFA following an ethics investigation by world soccer’s governing body. Ahmad, who is president of the Confederation of African Football (CAF), had intended to stand in an election in March in which he would have faced a number of challengers. FIFA said in …

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Provincial govts urged to ensure availability of essentials


November 24, 2020

ISLAMABAD: Reviewing price trend of essential commodities on Monday, the National Price Monitoring Committee (NPMC) urged provincial governments for proactive measures to ensure availability of kitchen items at an affordable price. The NPMC meeting chaired by Finance Adviser Dr Hafeez Shaikh reviewed the price trend of wheat flour, sugar, tomatoes, onions, vegetable ghee, potatoes and chicken on weekly basis. The …

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Consultation process on ‘Digital Assets’ begins


November 24, 2020

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to formulate laws related to establishment of Digital Assets in the country and defining the status of cyber currency. The first briefing in this regard was held here Monday in the SECP head office. The meeting was led by Additional Director, Primary Market Approvals, Securities Market Division Najia Ubaid …

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Dollar rises on high demand


November 24, 2020

KARACHI: Rupee depreciated by another 32 paisas on Monday as demand for dollar spiked after importers rushed to open letter of credits (LCs) in fears of rising number of Covid-19 cases and lockdowns. Currency experts in the inter-bank market said the dollar on Monday was traded at Rs161.04 compared to Rs160.72 on Nov 20. Earlier, the dollar had lost against …

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Industry rejects SSGC’s plea for gas price hike


November 24, 2020

ISLAMABAD: Major stakeholders including commercial and industrial representatives on Monday opposed increase in prescribed gas prices demanded by the Karachi based Sui Southern Gas Company Ltd (SSGCL) to meet its revenue requirements for the current fiscal year. Instead the All Pakistan Textile Mills Association (Aptma) made a case for cut in the well-head gas price to reduce the cost of …

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Govt to save Rs300bn in electricity costs in three years: minister


November 24, 2020

ISLAMABAD: Blaming the PML-N government for leaving behind “landmines”, Planning and Development Minister Asad Umar on Monday claimed that the decisions taken by the PTI government would have a cumulative impact of more than Rs300 billion on electricity costs over the next three years (2021-23). Speaking at a news conference, Mr Umar, who also heads the Cabinet Commit­tee on Energy …

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Nicole Kidman’s kids find quarantine life ‘difficult’: ‘They are working through emotions’


November 24, 2020

Nicole Kidman’s daughters have found quarantine life extremely “difficult” and taxing. The actress touched upon her children’s struggles regarding being stuck at home, during an interview with Glamour UK. She explained, “Our kids — because we travel, and we won’t be apart — are used to having to learn online, but the social distance has been very difficult for them. They …

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