Home / 2020 / November (page 80)

Monthly Archives: November 2020

Babar has ability to become one of the greats: Faf du Plessis


November 16, 2020

ISLAMABAD: South Africa’s former captain and senior pro Faf du Plessis believes that prolific batsman Babar Azam has the ability to become one of the greats of the game, saying the Pakistani Skipper has surprised with his Twenty20 credentials. He admitted that Babar has surprised a lot of people with his T20 credentials and are considering him similar to Indian …

Read More »

Zalmi’s one-dimensional bowling enabled Qalandars to make a winning comeback: Hafeez


November 16, 2020

KARACHI: Senior pro Mohammad Hafee has said that Peshawar Zalmi’s one-dimensional bowling was the key difference which enabled Lahore Qalandars jettison the 2017 Pakistan Super League champions’ dream of winning the fifth edition of the franchised-based Twenty20 tournament late on Saturday night. The Pakistan veteran played a pivotal role with an undefeated 74 from 46 balls while inspiring to Lahore …

Read More »

Hamilton wins record-equalling seventh F1 world title with Turkish GP


November 16, 2020

ISTANBUL: Lewis Hamilton secured a record-equalling seventh Formula One world title on Sunday after winning the Turkish Grand Prix and then warned pretenders to his crown “I’m only just getting started!” After a momentous drive from sixth on the grid, the Briton matched Michael Schumacher’s haul of drivers’ crowns with three races of the season remaining. The 35-year-old sealed his …

Read More »

All-round show by Wiese takes Lahore Qalandars into PSL final


November 16, 2020

KARACHI: Lahore Qalandars had to rely on a brilliant all-round contribution by David Wiese to qualify for their maiden final in the Pakistan Super League’s (PSL) history after thumping Multan Sultans in the Eliminator 2 fixture at the National Stadium on Sunday night. Qalandars’ richly deserved 25-run triumph, thanks to Wiese’s 21-ball unbeaten knock of 48, bowling figures of 3-27 …

Read More »

‘Sportswashing’ or liberalisation? Mixed reactions on first-ever Saudi ladies golf title


November 16, 2020

Denmark’s Emily Pedersen won the first-ever women’s golf tournament in Saudi Arabia in a tense playoff, but the event designed to soften the kingdom’s austere image has drawn charges of being a “sportswashing” exercise. With a birdie on the extra hole, Pedersen edged out England’s Georgia Hall and secured the $150,000 winner’s cheque in the inaugural Saudi Ladies International on …

Read More »

Power sector awaits clarity


November 16, 2020

Amid nascent positive economic signs in selective areas, a lag in the implementation of a few supportive initiatives by the government continues to create uncertainties among market players. On the positive side, large-scale manufacturing (LSM) has posted 4.8 per cent growth in the first quarter (July-September) of the current fiscal year. This is driven by textile, mineral and food sectors …

Read More »

Holes in budgeted, authorised and actual development spending


November 16, 2020

When an economy takes a downturn, private investors and bankers tend to avoid much of the business risks thus the government’s development spending serves as a stimulus for economic growth and creates jobs. The capital spending on social and physical infrastructure also provides the private sector with business opportunities. However, according to the latest reported update issued by the Ministry …

Read More »

ECC set to approve security-linked grants


November 16, 2020

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is expected to approve on Monday (today) supplementary grants for security expenditures and give the go-ahead for ‘voluntary separation’ of about 3,500 employees of the Pakistan International Airlines (PIA). An ECC meeting has been called on Monday to take up a 10-point agenda, half of them are demands for grants for …

Read More »

Petrol, HSD prices slashed by 1.7pc


November 16, 2020

ISLAMABAD: The government cut the prices of petrol and high speed diesel (HSD) by about 1.7 per cent on Sunday for the next 15 days in order to pass on the impact of a slump in prices in the international market to the masses. The revised prices will remain effective till Nov 30. The decision was announced by the Ministry …

Read More »

FDI during October hits 10-month high of $317.4m


November 16, 2020

Foreign direct investment (FDI) during the month of October hit a 10-month high of $317.4 million, accounting for nearly 43.3 per cent of total inflows during the current fiscal year, data released by the State Bank of Pakistan (SBP) showed on Monday. In comparison, FDI during October 2019 was recorded as $126.5m. During the last month, China invested $228.7m in …

Read More »