KARACHI: It was perhaps keeping in mind that most of the teams were playing in the National Women’s Football Championship for the first time that the Pakistan Football Federation Normalisation Committee made a separate developmental stage tournament at the end of the group stage. The results on the opening day of the championship showed exactly why. The back of the …

BERLIN: Germany’s World Cup-winning head coach Joachim Loew will step down after the European championships this July, the German football association said on Tuesday. Loew will leave with a year left on his contract having signed up until the 2022 World Cup finals in Qatar. In a statement, Loew said he was ‘full of pride and enormous gratitude’ after nearly …

ti KARACHI: As the value-added textile sector anticipates the resumption of duty-free yarn imports from India, spinners are strongly against the idea maintaining that the item is being imported from 59 countries. While the value-added sector terms the situation a crisis, spinners insist a false picture is being presented. “As per Customs data, yarn is already being imported from 59 …

ISLAMABAD: In what appears to be a new dimension in taxation, the country’s top tax machinery has detected Rs60.308 billion foreign untaxed income disbursements to 75,615 individuals through digital tra­n­sactions in less than two-and-a-half years, has learned from official sources. The cases have been det­ected in an investigation by the Offshore Commissi­one­rate of Large Taxpayers Off­ice, Islamabad, into the mon­ey …

PESHAWAR: The Khyber Pakhtunkhwa government on Tuesday signed an agreement with a Chinese company for the construction of the 300-megawatt Balakot hydropower project. The 300MW project — said to be the biggest-ever power generation plant in the province — would be constructed with an estimated cost of Rs85 billion in a period of six years with the financial assistance of …

ec ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday notified about 90-paisa per unit increase in electricity rates for ex-Wapda Distribution Companies (Discos) to generate about Rs6.9 billion additional revenue to the troubled power sector. The increase was allowed on account of monthly fuel cost adjustment (FCA) for electricity consumed in January. This would be charged to consumers …

ISLAMABAD: Pakistan’s economic growth is projected to remain below potential, averaging 1.3 per cent for 2021-22, says a new World Bank report released on Tuesday. This base-line projection, which is highly uncertain, is predicted on the absence of significant infection flare-ups or subsequent waves that would require further widespread lockdowns, according to the “South Asia Economic Focus: Beaten or Broken, …

Oscar-winner singer Lady Gaga  has shared a photo of herself and actor Adam Driver  posing as  Patrizia Reggiani and  Maurizio Gucci respectively for her first film “House of Gucci.”  The film is set for release in the US on November 24th. Taking to Instagram, the American singer posted a wintry picture of herself and Adam Driver standing side by side …

Oscar-winning actors Johnny Depp and Forest Whitaker will star in the upcoming movie ‘City of Lies’ – a provocative thriller based on a true story about the most infamous murder of   The Notorious B.I.G. will be seen probing the murder of an iconic rap artist in his next thriller “City of Lies”. Saban Films has dropped a trailer for the …

Music sensation Selena Gomez left fans speculating about her future as she hinted at retirement from singing, saying: ‘I want to give it one last try.’ Selena is seemingly planing to say goodbye to the music industry as a singer as she  believes that people ‘don’t take [her] seriously’. Her focus has recently been  turned to film and television work …