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Yearly Archives: 2020

Where did the money go? DeSoto ISD approves investigation into travel expenses, credit cards, contracts


January 18, 2020

Outside investigators will review at least four years of spending in the DeSoto school district as officials try to determine if any laws were broken and whether any misspent money can be recouped. The board on Thursday hired an accounting firm to conduct a forensic audit that will look into travel expenses, credit card use, vendor contracts, bond spending, irregular …

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Facebook to lay aside plans to introduce ads in WhatsApp


January 18, 2020

Facebook has  supposedly  laid aside any plans for introducing advertisements in Whatsapp,reported the Wall Street Journal. According to the publication, the process of dropping the plan went as far as to be “deleted from WhatsApp’s code” however, Facebook have future plans to introduce ads into the status feature at a later time in 2020. Since the messaging app’s acquisition in 2014, …

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Musk’s SpaceX to simulate rocket failure in final astronaut capsule test


January 18, 2020

Elon Musk’s SpaceX is gearing up to destroy one of its own rockets on Saturday to test a crucial emergency abort system on an unmanned astronaut capsule, the company’s final milestone test before flying Nasa astronauts from US soil. Less than two minutes after liftoff from a launchpad in Florida, SpaceX’s Crew Dragon capsule will fire on-board thrusters to eject …

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Power firms seek Re1 hike in fuel adjustment for November


January 18, 2020

ISLAMABAD: The electricity tariff for consumers of 10 distribution companies of ex-Wapda is set to go up by about Re1 per unit on account of fuel cost adjustment for November. The National Electric Power Regulatory Authority (Nepra) will take up for public hearing on Jan 29 a petition for increase in consumer tariff for ex-Wapda distribution companies (Discos) on account …

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Indonesia releases no kinno import quota for Pakistan


January 18, 2020

KARACHI: The federal government has been asked to approach Indonesia for issuance of quota for importing kinno from Pakistan. Waheed Ahmed, Patron-in-Chief of Pakistan Fruit and Vegetable Exporters Association (PFVEA), had informed Commerce Adviser Abdul Razak Dawood that the country’s citrus exports may suffer if Indonesia could not release import quota for the fruit. In a letter to the adviser, …

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Big industry output shrinks 4.61pc for eighth month


January 18, 2020

ISLAMABAD: Pakistan’s large-scale manufacturing (LSM) shrank for eighth month in row, raising fears of layoffs across the industrial sector. The LSM index contracted by 4.61 per cent year-on-year in November, the Pakistan Bureau of Statistics (PBS) reported on Friday. Between July and November, the big industry output declined 5.93pc on a yearly basis. At a time when LSM is on …

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Foreign investment in treasury bills reaches record $2.2bn


January 18, 2020

KARACHI: Pakistan received a record foreign investment of $2.225 billion in treasury bills during the current fiscal year. The latest T-bills auction held on Jan 15 yielded $537.9 million — the highest amount for a single auction which was also confirmed by the State Bank of Pakistan. While the speedy foreign investment helped the government improve its reserves, it set …

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Bangladesh’s five coaching staff members to miss out on Pakistan tour


January 18, 2020

The upcoming tour of Pakistan will see five members of Bangladesh’s coaching staff absent from the tour, ESPNCricinfo reported. The Bangladesh Cricket Board’s (BCB) Operations Chairman Akram Khan, batting coach Neil McKenzie and fielding coach Ryan Cook had withdrawn from the series whereas, the board decided to pass up spin coach Daniel Vettori for the short series. Furthermore, team analyst Shrinivaas Chandrasekaran …

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Bismah leads from the front to help Challengers seal T20 title


January 18, 2020

KARACHI: Pakistan skipper Bismah Maroof inspired PCB Challengers to the National Triangular T20 Women’s Champ­ionship title with a six-wicket defeat of PCB Blasters in the floodlight final at the National Stadium here on Thursday night. Chasing a rather modest target of 129, the Challengers — who are coached by former first-class cricketer Aamir Iqbal — became recipients of the Rs500,000 …

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India level series despite Smith’s defiance


January 18, 2020

RAJKOT: India’s rejigged batting order fired on Friday as the hosts beat Australia by 36 runs in the second One-day International here at the Saurashtra Cricket Association Stadium to level the three-match series. Steve Smith kept Australia on course with a typically busy 98 before dragging the ball onto his stumps and the tourists were all out for 304 in …

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