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Yearly Archives: 2020

Shoaib stuns Mudasir in BB Shaheed Tennis


December 17, 2020

ISLAMABAD: Talented Mohammad Shoaib stunned seasoned Mudasir Murtaza in second round match of Benazir Bhutto Shaheed Tennis Championship here at Islamabad Tennis Club on Wednesday. Shoaib won 6-4, 6-7 (8-10), 6-3 and was joined by Aqeel Khan in the third round after the top seed eased past Barkatullah 6-2, 6-1. Results: Men’s singles (second round): Ahmed Ch bt Imran Bhatti …

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Doha to host 2030 Asian Games, Riyadh get 2034 edition


December 17, 2020

MUSCAT: Doha will host the 2030 Asian Games, the Olympic Council of Asia (OCA) announced on Wednesday, while Riyadh was named as host of the 2034 edition under a compromise agreed between the rivals. An executive board meeting of the OCA unanimously approved the proposal to name the runner-up in the two-horse race for the 2030 games as 2034 hosts. …

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Saleem Yousuf set to head PCB Cricket Committee


December 17, 2020

KARACHI: Former Pakistan wicket-keeper Saleem Yousuf is tipped to be named as chairman of the PCB’s Cricket Committee, according to reliable sources. The position has been lying vacant since early September after ex-Pakistan spinner and former chief selector Iqbal Qasim abruptly decided to resign in protest after alleging the Pakistan Cricket Board (PCB) had bypassed him on several matters related …

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Australia keep playing XI for first India Test under wraps


December 17, 2020

ADELAIDE: Australia cricket captain Tim Paine has decided on his team’s first-Test side to face India. Just don’t expect him to tell anyone until the toss on Thursday at the Adelaide Oval. Paine said on Wednesday 21-year-old all-rounder Cameron Green is medically fit to make his Test debut in the day-night fixture, but won’t divulge whether struggling opener Joe Burns …

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PCB confirms Amir’s retirement from international cricket


December 17, 2020

The Pakistan Cricket Board (PCB) on Thursday confirmed that 28-year-old fast bowler Mohammad Amir has retired from international cricket. Amir had initially made the announcement in a video message released earlier today. However, it was not immediately clear whether he was taking an indefinite break over a clash with the cricket board or had actually retired. Responding to the media …

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Central Punjab seal third win in succession, KP trounce SP


December 17, 2020

KARACHI: Holders Central Punjab are back in business in the Quaid-e-Azam Trophy after skipper Hasan Ali inspired them to a third straight victory when they trounced Balochistan on day three by nine wickets at the SBP Sports Complex here on Wednesday. Khyber Pakhtunkhwa further consolidated their position at the top of the leaderboard after taking 15 Southern Punjab wickets during …

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World Bank, govt sign $304m loan agreement


December 17, 2020

sb- ISLAMABAD: The World Bank signed an agreement with Pakistan on Wednesday for a loan of $304 million for the Punjab Resource Improvement and Digital Effectiveness Programme (PRIDE) at the Economic Affairs Division. The programme aims to help the Punjab government to increase its revenue and to improve reliability of resource allocation and access to digital services for people and …

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E&P scrips lead gains on stock market


December 17, 2020

KARACHI: Stocks bou­nced back on Wed­nesday with the KSE-100 index settling down with net gains of 109.35 points (0.25 per cent) at 43,360.19. The index started out on a positive note and made to intra-day high by 305 points on the back of share price spike in the exploration & production sector. However, in the midst of low investor participation …

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Electric vehicles, mobile assembly get incentives


December 17, 2020

ISLAMABAD: The government on Wednesday decided to impose up to Rs200,000 tax on sale of locally manufactured vehicles within 90 days of delivery from manufacturer to discourage ‘on-money’ and removed sales tax on locally manufactured phones worth over $200 and 4pc withholding tax on local mobile manufacturers. The decisions were taken at meeting of the Economic Coordination Committee (ECC) of …

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ECC tackles subsidy reduction plan, wheat imports and priority berthing


December 17, 2020

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved in principle first phase of the subsidy rationalisation plan with estimates of about Rs488 billion annual savings. The meeting presided over by Finance Minister Hafeez Shaikh deferred two other critical matters — import of additional 380,000 tonnes of wheat and Rs739bn Karachi Transformation plan. The ECC approved in …

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