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Monthly Archives: November 2020

Calls for Sharma to replace Kohli as India T20 skipper


November 12, 2020

NEW DELHI: India should embrace split-captaincy and put Rohit Sharma in charge of their T20 squad, several former cricketers said after the opener led Mumbai Indians to a fifth Indian Premier League (IPL) title on Tuesday. Virat Kohli leads India across formats, while Rohit usually deputises for him in limited-overs cricket. Rohit top-scored with a fluent 68 as Mumbai crushed …

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Younis confirmed as batting coach for two years


November 12, 2020

Former captain Younis Khan will continue as the men’s batting coach of Pakistan until the Twenty20 World Cup in 2022, the Pakistan cricket board (PCB) said on Thursday. Younis is the only Pakistani batsman in Test cricket’s 10,000-run club and accompanied the side on their tour of England this summer. “The PCB will also be utilising Younis Khan’s expertise and skills when …

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Bank earnings soar 53pc in Jan-June


November 12, 2020

KARACHI: Despite some increase in credit risk, banking sector demonstrated improved profitability — showing a jump of 52 per cent in the first half of the current calendar year, the State Bank said on Wednesday. In its Mid-Year Performance Review of the banking sector — which comprehensively covers the performance and soundness of the banking sector for the period January …

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Auto sales jump 8.1pc


November 12, 2020

KARACHI: Auto sales showed a brisk upward trend in 4MFY21 with 8.1 per cent rise in sales of cars, 93pc in jeeps, 39pc in LCVs, 19pc in two- and three-wheelers and 24pc in farm tractors, data released by the Pakistan Automotive Manufacturers Association (Pama) showed on Wednesday. Atlas Honda Ltd assembled and sold all-time high units of 116,024 and 116,000 …

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Ogra slashes losses allowed to SNGPL, SSGC for regasified LNG


November 12, 2020

ISLAMABAD: In a turning point in the pricing of regasified liquefied natural gas (RLNG), the Oil and Gas Regulatory Authority (Ogra) on Wednesday reduced to about 6.3 per cent — from about 17pc in the past — the cost of losses in tariff through a majority decision. In doing so, the regulator also notified the RLNG price for last four …

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October remittances grow 14pc, rising for fifth straight monthGovt to issue $1.5bn bonds in two months


November 12, 2020

ISLAMABAD: Pakistan plans to float much delayed Eurobonds $1-1.5 billion within two months to shore up foreign exchange reserves. Finance ministry’s spokesperson Kamran Ali Afzal on Wednesday told journalists that bids for appointment of lead manager for the Eurobond issue had been received from 10 leading international banks. The bids were opened on Tuesday and adding all the traditional top …

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October remittances grow 14pc, rising for fifth straight month


November 12, 2020

Remittances during the month of October rose 14.1 per cent year-on-year to $2.3 billion, clocking in above the $2bn mark for the fifth consecutive month, data released by the State Bank of Pakistan showed on Thursday. “Workers’ remittances remained above $2 billion for the fifth consecutive month in October 2020. Workers’ remittances amounted to $2.3 billion during October 2020, increasing by 14.1pc …

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‘Unfair surveillance’? Online exam software sparks global student revolt


November 12, 2020

When United States law student Areeb Khan tried to sign into the online portal to take his practice bar exam, he was met with a strange message: “Due to poor lighting we are unable to identify your face.” Additional lighting did not solve the issue. The 27-year-old even tried to sign in from the brightest room in his New York …

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UK, Pakistan entities collaborate to launch first robot-operated Covid-19 testing lab in Islamabad


November 12, 2020

In order to increase Pakistan’s testing capacity for the novel coronavirus, Future Trust and Opencell UK collaborated to launch the country’s first robot-operated Covid-19 testing laboratory in Islamabad on Wednesday. The Future Labs, which can conduct up to 2,000 tests per day, was inaugurated by British High Commissioner Christian Turner. Future Trust — a non-profit organisation (NPO) set up by …

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AOC’s guide to tackling sartorial dilemmas as a congresswoman – good news: it’s sustainable


November 12, 2020

US Representative Alexandria Ocasio-Cortez stepped forth to sew up some major challenges that come up in the lives of congresswomen. Helping out her fellow representative-elect Cori Bush with her sartorial dilemmas that will arise once she heads to the Capitol Hill, AOC laid out a foolproof guide about sustainable fashion that is easy on the pockets and is also harmless …

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