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Daily Archives: March 1, 2021

‘Finch will be Australia’s T20 World Cup captain’


March 1, 2021

MELBOURNE: Selector George Bailey on Sunday insisted under-fire Aaron Finch would be Australia’s skipper at this year’s Twenty20 World Cup, calling mounting criticism of his leadership and form “white noise”. Finch’s scores of one and 12 in their opening two games against New Zealand last week, coupled with his failure to fire in the recent Big Bash League, has sparked …

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PCB approves first boards of six cricket associations


March 1, 2021

KARACHI: The Pakistan Cricket Board (PCB) has given approval to the eagerly-awaited First Boards of the six cricket associations at its 61st Board of Governors (BoG) meeting while empowering the interim bodies, appointed for one-year term, to carry out functions assigned to respective management committees. According to the discussions which took place here on Saturday, the BoG also decided that …

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Shaheen, Fakhar shine as Qalandars overwhelm Kings


March 1, 2021

KARACHI: The high-voltage derby HBL Pakistan Super League clash on Sunday night was as boisterous as everyone had anticipated. And despite being buoyed by the support from the noisy crowd, Karachi Kings finished second best to the Fakhar Zaman-inspired Lahore Qalandars in a thrilling finish. Lahore’s fourth triumph in 12 matches — achieved with only four balls to spare — …

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Why rising rates are unsettling Wall Street


March 1, 2021

Yes, it is possible to have too much of a good thing, and that’s exactly why stock markets around the world are getting so unsettled. Optimism for an economic revival is surging following a year of coronavirus-induced misery. But expectations for stronger growth plus the higher inflation that could accompany it are pushing interest rates higher, which is forcing investors …

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Adding momentum to recovery


March 1, 2021

Corporate Pakistan is gearing up for the post-pandemic world as the new cases decelerate and the vaccination drive continues to roll out at pace. Sentiments are rising steadily in business circles as the output and revenues surpassed pre-pandemic levels for a significant number of companies. Some high-profile leaders reached for comments on the economy’s trajectory expressed cautious optimism. Economic activity …

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Handling trade deficit is tricky


March 1, 2021

Pakistan’s merchandise trade deficit in January swelled to $2.67 billion, showing a whopping 24.4 per cent increase over January 2020. According to the Pakistan Bureau of Statistics (PBS), the cumulative trade deficit in the first seven months of this fiscal year totalled $15bn — or 8.7pc higher than the deficit in the year-ago period. Fortunately, home remittances in these seven …

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Unbundling the banking tech


March 1, 2021

If there’s one thing that symbolises the banking sector in Pakistan, it’s mediocrity. They are slow, painful, rent-seeking and, most importantly, minnows. Sure, not so much if we look at the stock exchange, but definitely if financial inclusion is the metric — as it rightly should be. Nonetheless, the past few years have seen almost all banks in the country …

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ECO freight train to resume operations after nine years


March 1, 2021

LAHORE: After a gap of nine years or so, the Istanbul-Islamabad freight train is likely to resume operations on March 4, connecting goods train business of three countries —Turkey, Iran and Pakistan. “We have been informed by the quarters concerned that the container train would start its journey from Istanbul (Turkey) for Islamabad (Pakistan) via Zahidan on March 4. Though …

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Scott Disick’s lovebird Amelia Hamlin opens her feathers to take him away from Kourtney Kardashian


March 1, 2021

Amelia Hamlin has been sharing her stunning pictures to fully capture her beau Scott Disick’s heart who  was seen flirting her ex-ladylove Kourtney Kardashian at a family event during their famous show. Amelia Gray Hamlin showed off her abs in blue sportswear  after her boyfriend Scott Disick made a big claim of marrying mother of his three children Kourtney Kardashian …

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