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Yearly Archives: 2021

Hafeez resumes practice


October 5, 2021

LAHORE: Pakistan all-rounder Mohammad Hafeez after fully recovering from dengue fever resumed cricket practice here on Monday. The 40-year-old Hafeez who is part of national T20 World Cup squad, was infected with dengue virus last week. Due to the illness, the right-handed batter withdrew from the first leg of the ongoing National T20 Cup in Rawalpindi. After gaining full fitness, …

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T20 World Cup: Green Shirts to leave for UAE via charter plane on October 15


October 5, 2021

Lahore: The national men’s cricket team will leave for the United Arab Emirates (UAE) on October 15 to take part in ICC T20 World Cup. According to Pakistan Cricket Board (PCB), the squad will leave Lahore on a chartered flight to participate in the competition. Meanwhile, the players participating in the National T20 Cup will move from one bubble to …

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Asif, Shahid reach knockout round at national snooker


October 5, 2021

KARACHI: Defending champion and top seed Mohammad Asif and third seed Shahid Aftab consolidated their positions for making it to the knockout round of the NBP 46th National Snooker Championship here at the bank’s sports complex on Monday. Drawn in group ‘A’, four-time national champion Asif won back-to-back matches to stay unbeaten in four outings so far. First, he trounced …

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Southern Punjab leave Rawalpindi with six consecutive losses


October 5, 2021

KARACHI: Although Sou­thern Punjab, as widely anticipated given the rut they are in, crashed to a sixth straight National T20 Cup defeat, there was a flicker of hope for Pakistan’s Twenty20 Word Cup hopeful Azam Khan. Ridiculed for his lack of form in the previous games of the Rawalpindi leg — which concluded at the Pindi Cricket Stadium on Sunday …

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Up to Rs2.97 per unit rise in power tariff


October 5, 2021

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Monday notified an increase of up to Rs2.97 per unit in electricity rates for ex-Wapda distribution companies under the quarterly tariff adjustment (QTA) for one year with effect from October 1, 2021. According to an order released by Nepra, along with a schedule of tariff (SOT), the tariff increase includes a …

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Pakistani startup PostEx raises $1.5m for its fintech and logistics platform


October 5, 2021

PostEx, a Pakistani fintech and logistics startup, has announced that it has raised $1.5 million in seed funding from leading institutional investors. The startup said its initiative was aimed at solving challenges around cash on delivery with instant and upfront payments “by scaling its one-stop shop for financing and logistics solutions for e-commerce platforms”. The round was led by MSA …

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SHC invites suggestions to regulate cryptocurrency


October 5, 2021

KARACHI: The Sindh High Court on Monday summoned officials of the State Bank of Pakistan (SBP), Securities and Exchange Commission of Pakistan (SECP), Ministry of Finance and Federal Investigation Agency (FIA), asking them to come up with comments and suggestions as to how cryptocurrency can be allowed and regulated in Pakistan. The two-judge bench headed by Justice Mohammad Karim Khan …

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Stocks gain 173 points despite foreign selling


October 5, 2021

KARACHI: The benchmark index of the Pakistan Stock Exchange (PSX) closed at 45,045 points on Monday after gaining 173 points, or 0.4 per cent, from a day ago. The KSE-100 index closed in the green zone despite increased foreign outflows. Foreigners have been selling shares for many sessions mainly because of the reclassification of Pakistan from the MSCI Emerging Market …

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With Facebook and Instagram offline, Twitter orders McDonalds’ nuggets for everyone


October 5, 2021

What to do when Facebook, Instagram and WhatsApp are unavailable? Order nuggets. Or at least that’s what Twitter did. The Pakistan Telecommunication Authority at 9:50pm on Monday said that Facebook services had been affected internationally due to an outage. As of 3:15am on Tuesday, at the time this report was published, the social media services were still offline. Twitter, however, was …

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British military begins deliveries to ease fuel supply crisis


October 5, 2021

LONDON: The British military started delivering fuel to petrol stations on Monday, after a tanker driver shortage sparked two weeks of panic buying by motorists. Troops in fatigues drove tankers from Buncefield Oil Depot in Hemel Hempstead 20 miles (32 kilometres) north of London after the military was put on standby last week. Some 200 military personnel, half of them …

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