DUBAI: South Africa’s Shaun Pollock, Sri Lankan batsman Mahela Jayawardena and former England women’s batter Janette Brittin have been inducted into cricket’s Hall of Fame, the body announced on Saturday. They were accorded the honour ahead of the Twenty20 World Cup final between New Zealand and Australia on Sunday in Dubai. The International Cricket Council has recognised 106 players in …

KARACHI: Restaurants in the United States are known to lure customers in with food and then sell them liquor, which has a far higher profit margin than food. Daraz seems to be doing something similar these days: it’s letting its customers watch the ICC T20 World Cup free of cost on its app, which is otherwise an online shopping platform. …

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Saturday released a list of more than 100 registered and unregistered companies involved in illegal deposit taking and offering investment opportunities to unsuspecting citizens. The regulator warned that non-registered business entities were falsely claiming registration with the SECP and the Federal Board of Revenue. The list is available on the …

KARACHI: In a major move, the State Bank of Pakistan (SBP) on Saturday increased the Cash Reserve Requirement (CRR) by one percentage point to 6pc for scheduled banks in order to contain monetary expansion. “In recent months, real money supply growth has drifted above its trend,” said the central bank in a circular, adding that the latest measure will moderate …

ISLAMABAD: Pakistan’s exports to nine regional countries posted a growth of 31.56 per cent while imports grew by nearly 43pc in the first quarter of current fiscal year (1QFY22) from a year ago, latest data released by the State Bank of Pakistan showed. The country’s exports to Afghanistan, China, Bangladesh, Sri Lanka, India, Iran, Nepal, Bhutan and the Maldives account …

New Delhi authorities announced on Saturday a one-week closure of schools and said they would consider a “pollution lockdown” to protect citizens from toxic smog. “Schools will be shut so that children don’t have to breathe polluted air,” Delhi’s chief minister, Arvind Kejriwal, told reporters. Delhi is ranked one of the world’s most polluted cities, with a hazardous melange of …

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Sunday said that uncertainty surrounding the International Monetary Fund’s (IMF) loan facility for Pakistan will be over soon, saying a “good news” was on the cards. Tarin had earlier this month announced that the government’s agreement with the IMF over the revival of the $6 billion Extended Fund Facility (EFF) …

Stephen Bannon, a prominent adviser to former US President Donald Trump, has been criminally charged for defying a subpoena issued by a congressional committee investigating the January 6 attack on the US Capitol, the Justice Department said on Friday. Bannon has refused to cooperate with the House of Representatives select committee seeking testimony and documents from him, citing Trump’s insistence — already …

QUITO: At least 58 prisoners were killed and a dozen injured in overnight violence at Ecuador’s Penitenciaria del Litoral prison, the government said on Saturday, in what has been characterised as fighting between gangs. The penitentiary, located in the southern city of Guayaquil, is the same prison where 119 inmates were killed in late September in the country’s worst-ever incident …

PESHAWAR: With two-week measles and rubella vaccination campaign beginning in Khyber Pakhtunkhwa tomorrow (Monday), health officials fear that the focus of health workers on the children’s protection from two infections will temporarily slow down the coronavirus immunisation. They, however, insist the anti-dengue activities will continue unabated. “During the Nov 15-27 measles and rubella vaccination campaign, the health department will direct …