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January 21, 2018 2:02 AM Lahore all set to host major hockey clash after 24 years

LAHORE: Lahore will host an elite international hockey contest after a long gap of twenty-four years when a star-studded World XI side take on Pakistan’s U-18 team in the second tie of the two-match series at the National Hockey Stadium on Sunday. The World XI comfortably beat Pakistan U-18s 5-1 in the first match of the series staged at Karachi’s Abdul

January 21, 2018 12:00 AM Street children footballers to be honoured

RAWALPINDI: Team Kick Off will hold a function on January 25 in honour of the Pakistan football team which has qualified for the 2018 FIFA Street Children World Cup, says a press release. The event — at the Kick Off facility in Jinnah Park here — will be attended by Commander 10 Corps Lieutenant General Nadeem Raza and other senior army officials, with the purpose

January 21, 2018 12:00 AM Mathews ruled out of BD tri-series

DHAKA: Sri Lanka captain Angelo Mathews has been ruled out of the ongoing tri-series in Bangladesh owing to a right hamstring injury. Mathews had been troubled by the injury since January 2017 and it flared up again during Sri Lanka’s 12-run defeat to Zimbabwe in their first game of the series. The problem kept him out of Sri Lanka’s game against Bangladesh 1

January 21, 2018 12:00 AM Aamir welcomes hockey World XI

LAHORE: Secretary Sports Punjab Muhammad Aamir Jan has welcomed the players of hockey World XI in Pakistan. In a statement on Saturday, Secretary Sports Punjab has expressed his hope that more international teams will tour Pakistan after the World XI. He said the tour of World XI will be a great encouragement for hockey lovers and young players as well. “The tour of world 1

January 21, 2018 12:00 AM S&P raises rating on Greek debt

Washington: S&P Global Ratings on Friday raised the rating on Greek government debt by a notch citing the improved outlook for the crisis-stricken country´s finances and economic growth. positive outlook, which means the ratings agency could raise the grade further in the next year. "The upgrade reflects Greece´s steadily improving general government

January 20, 2018 12:00 AM Kremlin ‘regrets’ Ukrainian law recognising Russian occupation

MOSCOW: The Kremlin on Friday said it "regrets" a new Ukrainian law that formally recognises the conflict in the east of the country as a "temporary Russian occupation". "We regret this. Of course, Russia will remain committed to the word and spirit of the Minsk accords with other guarantor countries France and Germany, but we regret that such steps 1

January 20, 2018 12:00 AM KE wins best solar project award

KARACHI: The K-Electric (KE) on Friday announced it has become the first company of the country to win the best project award in the category of ‘Corporate Solar Sustainability Program of the Year’. “The utility received the honour at Middle East Solar Industry Association’s (MESIA) Solar Awards 2018 ceremony, held as a part of the five-day World Future

January 19, 2018 9:52 AM CJ takes suo motu notice of 'extra judicial murder' of Naqeebullah Mehsud

ISLAMABAD: Chief Justice of Pakistan Mian Saqib Nisar on Friday took suo motu notice of alleged extra judicial killing of Naqeebullah Mehsood, Geo TV reported. According to the TV channel, the Supreme Court chief justice have sought a report from the Inspector General Sindh Police within seven days. Family and friends of Naqeebullah Mehsood, a youth

January 19, 2018 12:00 AM Forex reserves slip to $19.77bln

KARACHI: The liquid foreign exchange reserves of the country declined $249 million during a week, owing to external debt servicing, the State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country slipped to $19.771 billion by the week ended January 12, 2018 as compared to $20.02 billion during the preceding week. During

January 18, 2018 12:00 AM State Bank launches systemic risk survey

KARACHI: The State Bank of Pakistan (SBP) has rolled out a Systemic Risk Survey (SRS) to gauge the views of market participants and experts about various existing and emerging risks that can undermine the stability of the financial system. The SBP launched the survey to augment the assessment of key risks and vulnerabilities that are regularly reported 4