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Daily Archives: November 2, 2021

Kohli admits India ‘not brave enough’ as World Cup hopes fade


November 2, 2021

India captain Virat Kohli admitted his team was “not brave enough” after an eight-wicket rout by New Zealand left their Twenty20 World Cup hopes hanging by a thread on Sunday. Fast bowler Trent Boult and leg-spinner Ish Sodhi shared five wickets to restrict India to 110 for seven after being invited to bat first in the Super 12 clash in Dubai. Skipper …

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India’s T20 World Cup campaign: Where it all went wrong for Virat Kohli and Co


November 2, 2021

Virat Kohli’s India started the Twenty20 World Cup as favourites but their semi-final hopes are hanging by a thread after two losses, the latest an eight-wicket defeat to New Zealand. AFP Sport looks at where it is all going wrong for India, who suffered a 10-wicket humiliation to arch-rivals Pakistan in their first match. Batting flop India’s famed batting line-up limped to a …

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Buttler ton helps England virtually seal T20 World Cup semi spot


November 2, 2021

Jos Buttler hit the first century of the Twenty20 World Cup as England effectively booked their semi-final spot with a 26-run victory over Sri Lanka on Monday. Buttler’s unbeaten 101 — his maiden century in 86 T20 internationals — steered England to 163 for four after being invited to bat first in Sharjah. England bowlers led by Adil Rashid then …

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Ibra decisive as Milan keep in touch with Napoli


November 2, 2021

ROME: Turning 40 hasn’t stopped Zlatan Ibrahimovic from being Zlatan Ibrahimovic. The ageless Sweden great, whose 40th birthday was on Oct 3, scored one goal and also drew a penalty that led to AC Milan’s second goal in a 2-1 win at Jose Mourinho’s AS Roma in Serie A on Sunday. Before he was substituted near the hour mark, Ibrahimovic …

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Trading picks up on PSX as govt strikes deal with TLP


November 2, 2021

KARACHI: Trading began on a positive note on the Pakistan Stock Exchange (PSX) on Monday as investors welcomed the government’s decision to strike an agreement with Tehreek-i-Labbaik Pakistan (TLP) that ended a 10-day standoff. According to Topline Securities, sentiments were further buoyed by the prime minister’s rejection of the proposal by the Oil and Gas Regulatory Authority and the Ministry of Finance to increase …

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Scramble to meet energy shortages after suppliers default


November 2, 2021

ISLAMABAD: With prices of Liquefied Petroleum Gas (LPG) touching Rs217 per kg, up 67pc over last year, the government on Monday was scrambling to address energy shortages as winter sets in amid default by suppliers of Liquefied Natural Gas (LNG) to deliver committed cargoes. Energy Minister Hammad Azhar held back-to-back meetings with relevant companies in the energy supply chain, power …

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Sections of SBP amendment bill violate constitution, says Farogh Naseem


November 2, 2021

ISLAMABAD: Law Minister Barrister Dr Farogh Naseem has said that the proposed Section 46B(8) in the State Bank (Amendment) Bill 2021 is violative of the Constitution. While briefing the International Monetary Fund officials via video link on Monday, he said the provision provides that the central bank would be consulted on any proposed legislation relatable to the SBP. The legislative …

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Mounting imports push trade deficit up 103pc in 4MFY22


November 2, 2021

ISLAMABAD: The first four months of the current fiscal year (4MFY22) posted a rise of more than 103 per cent in trade deficit driven largely by an almost double increase in the country’s imports compared to exports, the Ministry of Commerce (MoC) said on Monday. The merchandise trade deficit reached $15.525 billion in July-October 2021 from $7.617bn over the corresponding …

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Inflation rises to 9.2pc in October


November 2, 2021

ISLAMABAD: The up­ward swing in consumer prices continued in October as inflation surged to 9.2 per cent from 9pc in September, influenced by faster rupee depreciation and rising ene­rgy prices last month, the Pak­is­tan Bureau of Statistics (PBS) data showed on Monday. Inflation measured by the Consumer Price Index (CPI) increased to its highest level in four months — the …

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FIA offers help on cyberattack even though NBP doesn’t file complaint


November 2, 2021

KARACHI: Although the National Bank of Pakistan (NBP) did not file any complaint over a cyberattack this past weekend, a team of the Federal Investigation Agency’s (FIA) cybersecurity wing visited the bank’s head office on Monday and discussed with its senior officials ways to trace the motive, origin and people behind the assault. The head of the FIA team informed the media …

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