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Daily Archives: April 29, 2021

Premium issue continues to haunt new car buyers


April 29, 2021

KARACHI: Amid rising auto production, the issue of ‘on-money’ and late deliveries on locally assembled cars continues to haunt buyers. According to data of the Pakistan Automotive Manu­facturers Association (PAMA), overall car production rose to 106,439 units in 9MFY21 from 86,628 units in the same period last fiscal year. Consumers are also taking a costly ride as no assembler has …

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Tarin defers decision on IPP payments, LNG subsidy


April 29, 2021

ISLAMABAD: In his maiden meeting of the Economic Coordination Committee (ECC) of the cabinet, Finance Minister Shaukat Tarin deferred taking a decision on two crucial agenda items — payments to independent power producers (IPPs) and how to go ahead with subsidy on LNG supplies to export industries. Presiding over the ECC meeting, the newly inducted finance minister constituted two smaller …

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Khewra salt set to be registered with international trade bodies


April 29, 2021

ISLAMABAD: Pakistan is close to taking the lead in the global salt trade, as local rock salt of Khwera is set to be registered with international trade bodies. This will prevent Indian traders to market Pakistani rock salt as Himalayan Pink Salt. The federal cabinet recently approved that Pakistan Minerals Development Corporation (PMDC) will be the registrant agency for rock …

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ADB puts Pakistan growth rate at 2pc this year


April 29, 2021

ISLAMABAD: The Asian Development Bank (ADB) on Wednesday forecast Pakistan’s GDP would grow by two per cent during the current year subject to successful vaccine rollout and implementation of stabilisation measures. “Assuming successful vaccine rollout and the implementation of economic reform under a stabilisation programme with the International Monetary Fund (IMF), GDP is expected to grow by 4pc in FY2022 …

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Anthony Mackie addresses reports of ‘Captain America 4’ and what he knows so far


April 29, 2021

American actor Anthony Mackie has opened up about the reported Captain America 4 film and how he heard about it supposedly being in the making. In an interview with Entertainment Weekly, The Falcon and the Winter Soldier star said he found out about the supposed fourth instalment at his grocery store. “I literally found out yesterday in a grocery store. The checkout guy named Dwayne, …

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Angelina Jolie says she is ‘drawn to broken people who find their way forward’


April 29, 2021

Tinseltown’s leading lady, Angelina Jolie is opening up about her film Those Who Wish Me Dead and what drew her towards jumping aboard the project. In an interview with Entertainment Tonight, the Maleficent actor revealed that the human side of the Taylor Sheridan-directorial is what convinced her to take on the project. “I am drawn to people who have been through something and are broken …

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Elliot Page gets candid on the hate trans people get during chat with Oprah Winfrey


April 29, 2021

Elliot Page decided to reflect upon his journey of transitioning after coming out as transgender man. While touching upon the reason he wanted to go public with his experience is because he wanted to empower others. “In this time we’re in right now, and especially with this horrible backlash we’re seeing towards trans people, particularly trans youth,” he told Oprah …

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Liam Hemsworth hits out at Miley Cyrus with jeering remark in unearthed video


April 29, 2021

An old video of Miley Cyrus and Liam Hemsworth has come afloat on the internet which is giving a clear glimpse at the tensions rife between them. A fan unearthed a 2019 video from an Access Hollywood interview with the two making an appearance at the Vanity Fair Oscars party. In the circulating footage, The Hunger Games star appeared to be visibly irked by …

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Meghan Markle was ‘enraged’ at Victoria Beckham for allegedly leaking info


April 29, 2021

Meghan Markle seems to have waged wars on more people than just the British royals. Latest reports have revealed that the Duchess of Sussex is said to have had a fallout with British designer Victoria Beckham as their husbands were reported to have had an awkward conversation about their row. The Sun reported that Meghan and Victoria were said to …

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Priyanka Chopra ‘relieved’ after US and other countries pledge support to India


April 29, 2021

Priyanka Chopra is speaking out about the lethal second wave of coronavirus that has left India crippled. The Quantico actor turned to Twitter and thanked the United States for pledging aid to her home country amidst its rapidly aggravating crisis. “The scale of the COVID crisis in India is devastating and has accelerated so quickly even over just this past …

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