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Monthly Archives: February 2021

Player from PSL franchise tests positive for coronavirus: PCB


February 20, 2021

A player from one of the franchises in the Pakistan Super League (PSL) 2021 has tested poitive for the coronavirus, while another player and an official has been placed in a three-day quarantine after violating bio-security protocols, the Pakistan Cricket Board (PCB) said in a statement on Saturday. The player who tested positive for the coronavirus had previously exhibited symptoms and was …

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South Africa complains to ICC over cancelled Australia tour


February 20, 2021

JOHANNESBURG: Cricket South Africa (CSA) has lodged an official dispute with the International Cricket Council (ICC) over Australia’s decision to withdraw from a scheduled tour of South Africa. CSA interim board chairman Stavros Nicolaou told a press conference on Friday that the board was “extremely disappointed” over what he described as a unilateral decision by Cricket Australia (CA). Nicolaou said …

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India’s Kohli says he suffered from depression


February 20, 2021

Indian cricket superstar Virat Kohli has revealed that he struggled with depression and felt like the “loneliest guy in the world” after failing with the bat during a tour of England in 2014. Kohli, one of the highest-paid athletes in the world with a net worth of $26 million, also said that a chat with the legendary Sachin Tendulkar helped …

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Banks told to implement steps for EMV cards by June 30


February 20, 2021

KARACHI: The State Bank of Pakistan (SBP) on Friday announced that now the consumers will only have Europay MasterCard Visa (EMV) chip and PIN compliant payment cards, which will be active right from the day issued to them for payments and online e-commerce services. The State Bank said that in order to promote digital payments, measures have been taken to …

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PSL 6 rolls into action as Kings face Gladiators in opener


February 20, 2021

KARACHI: The boys are once again back in this teeming city of lights as the HBL PSL 6 season rolls into action — with high hopes of uninterrupted T20 cricket entertainment — when Karachi Kings begin their title defence against the 2019 champions Quetta Gladiators here at the National Stadium on Saturday. It’s not just about the galaxy of stars …

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Power firms seek 93-paisa hike for January


February 20, 2021

ISLAMABAD: The electricity rates for consumers of 10 distribution companies (Discos) of ex-Wapda may go up by about 93 paisas per unit on account of monthly fuel cost adjustment for January due to higher than estimated power generation cost. The National Electric Power Regulatory Authority (Nepra) will take up for public hearing on Feb 25 the Discos’ petition seeking increase …

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Tax exemption on sugar import notified


February 20, 2021

ISLAMABAD: The Federal Board of Revenue (FBR) has notified exemption of sales tax and value-added tax on import of 500,000 tonnes of sugar, as an international tender has been floated to import at least 50,000 tonnes of the commodity by Eidul Fitr. A sales tax notification (SRO215 of 2021) was issued here to exempt the whole of 17pc sales tax …

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Three new mobile firms to start local production


February 20, 2021

ISLAMABAD: Three new companies are set to establish manufacturing units for mobile phones after recent relaxations in withholding tax. However, the investors will have to obtain multiple approvals as both the Pakistan Telecommunication Authority (PTA) and the Ministry of Industries and Production (MoIP) are the regulatory bodies in this regard. The government recently promulgated an ordinance abolishing WHT on locally …

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Ghee price raised by Rs30 per kg, power surcharge abolished


February 20, 2021

ISLAMABAD: The government on Friday abolished a 10 paisa per unit surcharge on electricity and increased the price of ghee by Rs30 per kg (15 per cent) for sale at Utility Stores. The decisions were taken at a meeting of the Economic Coordination Committee (ECC) of the Cabinet presided over by Finance Minister Dr Abdul Hafeez Shaikh that also approved …

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AG agrees to formation of complaints council for online content


February 20, 2021

ISLAMABAD: The Attorney General for Pakistan has agreed to the proposal of the formation of a council to review ‘unwanted’ social media content, as currently there is no proper forum to examine social media feeds, the stakeholders claimed on Friday. AG Khalid Jawed Khan gave his consent while presiding over a meeting with the stakeholders and petitioners, who had challenged …

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