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Monthly Archives: March 2021

Pakistan U-19 team to tour BD next month


March 28, 2021

LAHORE: A 20-member Pakistan U-19 squad will tour Bangladesh next month to play a series comprising a four-day match and five 50-over games against their Bangladesh counterparts that won the ICC U-19 World Cup in South Africa last year. The captain of the touring team will be announced in due course of time. As per the 2022 ICC U-19 World …

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Medvedev, Osaka prevail as Zverev crashes out of Miami Open


March 28, 2021

MIAMI: Daniil Medvedev celebrated his rise to second in the world with a seamless entry into the Miami Open on Friday, trouncing Taiwan’s Lu Yen-Hsun in less than an hour. Russia’s Medvedev needed just 56 minutes to subdue Lu 6-2, 6-2, firing nine aces with just one double fault as he advanced to a third-round meeting with Australian Alexei Popyrin, …

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NC chief Haroon breaks through glass panel to flee as PFF HQ attacked by Ashfaq group


March 28, 2021

LAHORE/KARACHI: Haroon Malik said he felt so threatened and intimidated he had to break through a glass panel to escape the Pakistan Football Federation headquarters in Lahore on Saturday. The FIFA-appointed PFF Normalisation Committee chairman and his staff had been cornered for more than an hour by some of the football officials who were elected during a poll held by …

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Pakistan squad tests negative for Covid-19 in SA


March 28, 2021

LAHORE: The entire 34-member Pakistan cricket squad, including 21 players and 13 officials, have tested negative for Covid-19 in South Africa, learnt here on Saturday. This means that now the Pakistan team will start practicing in Johannesburg from Sunday (today). Pakistan is touring South Africa to play three One-day Internationals and four T20Is. The team left for South Africa through …

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PSMA wants inclusion of FBR officers in tax probe


March 28, 2021

ISLAMABAD: In response to tax default notices, the Pakistan Sugar Mills Association (PSMA) has urged the Federal Board of Revenue (FBR) to include its relevant officials in the investigation, alleging that they might have submitted incorrect information. Recently, the FBR has issued notices to 81 out of 89 sugar mills for paying less than the considered income tax on sugar …

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Price instability affecting tomato growers, consumers


March 28, 2021

HYDERABAD: The perennial price uncertainty associated with the perishable tomato crop is affecting both growers and consumers alike. Tomato consumers are forced to pay high prices due to demand and supply imbalances, while farmers suffer when imports are allowed to stabilise market prices. Cultivation of the tomato crop is now difficult for farmers like Suraya Lashari, owner of a small …

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Goldman sells $10.5bn of stocks in block-trade spree


March 28, 2021

NEW YORK: Goldman Sachs Group Inc liquidated $10.5 billion worth of stocks in block trades as part of a selling spree that erased $35bn from the values of stocks of major companies, Bloomberg News reported on Saturday. The bank sold $6.6bn worth of shares of Baidu Inc, Tencent Music Entertainment Group and Vipshop Holdings Ltd, before the US market opened on Friday, …

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Under new law, SBP to retain refinancing facilities


March 28, 2021

LAHORE: The State Bank of Pakistan (SBP) will discontinue quasi-fiscal operations or monetary actions it undertakes on behalf of the government but keep refinancing facilities it uses to support access (of various sectors of the economy) to subsidised credit, even after the passage from the parliament of amendments to the existing SBP Act of 1956. “A central bank should have …

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BTS’s Suga opens up about battling horrid ‘imposter syndrome’


March 28, 2021

BTS’s Suga recalled all the pain of having to battle imposter syndrome despite having multiple awards and accolades under his belt. The singer got candid during his appearance on tvN’s You Quiz On The Block. The singer began by admitting to the host that while he has always been grateful for the give opportunities, he still feels immense imposter syndrome. Suga …

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Stocks continue northward drive in cautious week


March 28, 2021

KARACHI: The stock market showcased range-bound behaviour during the outgoing week. Although the KSE-100 index managed to leap forward in three of the five trading sessions, investors’ hesitation to keep shares over the week-end resulted in heavy profit-booking in the last session. Overall, the index gained 620 points, or 1.4 per cent, over the week to settle at 45,522 points. …

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