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December 10, 2018 12:00 AM Govt hesitant to give Gencos, Discos guarantee for Rs200 bn loan

ISLAMABAD: In a new development, the Finance Ministry has shown hesitance to extend the sovereign guarantee against the huge loan amounting to Rs200 billion the power division wants to raise against the 43 assets of Gencos (electric generation power companies) and Discos (electric power distribution companies). The loan will be utilised to partially

December 9, 2018 6:36 AM PM Imran due in Karachi today

KARACHI: Prime Minister Imran Khan is due in Karachi today (Sunday) on a day visit during which he would hold meetings with industrialists, businessmen and local leaders of the Pakistan Tehreek-e-Insaf. According to Ge News, the prime minister would spend his day at the Sindh Governor's House. Besides Governor Imran Ismail and Sindh Chief Minister Murad

December 9, 2018 12:00 AM Greenshirts boosted as Ammad Butt’s ban rescinded

KARACHI: Pakistan got a major boost ahead of their crucial match of the hockey World Cup against the Netherlands on Sunday (today) when the FIH lifted the one-match ban on vice-captain Shakeel Ammad Butt. Pakistan had appealed against the ban after striker Butt was suspended for running into Malaysia’s Faizal Saari during their group stage match on Wednesday

December 8, 2018 12:00 AM Conference on economy next week

ISLAMABAD: Pakistan Society of Development Economists (PSDE) is scheduled to hold three days conference next week under main theme of Pakistan’s Economy: The Way Forward in which dozens of research papers will be presented on various sectors of the national economy. A statement said after three days of discussions and deliberations from some of the leading

December 8, 2018 12:00 AM SSGC seeks Rs84.3/mmbtu price hike

KARACHI: Sui Southern Gas Company (SSGC) has filed a petition before the Oil and Gas Regulatory Authority (OGRA) for review of its estimated revenue requirement / prescribed prices for FY18/19. SSGC has requested the authority to allow an upward adjustment of Rs84.30/mmbtu in its prescribed prices effective from July 1, 2018 for FY18/19 to compensate

December 7, 2018 12:00 AM New Zealand hold Spain to 2-2 draw, qualify for play-off

BHUBANESWAR, India: Spain were well on their way to victory before a resurgent New Zealand side scored two goals to hold the Spanish to a 2-2 draw on Thursday. The match began with the confident Spaniards scoring two goals in the first two quarters of the game. Spain took a comfortable 2-0 lead over New Zealand through goals by Albert Beltran (9th minute)

December 6, 2018 2:09 PM Williamson, Nicholls swell New Zealand lead to 198 runs in final Test

Captain Kane Williamson and Henry Nicholls combined in a terrific double-century stand to propel New Zealand's lead against Pakistan to a valuable 198 runs in the third test on Thursday. Williamson, who resumed on the fourth day on 14, batted the entire day and grafted an unbeaten 139 off 282 balls with 13 fours. Left-hander Nicholls overcame a jittery

December 5, 2018 2:42 PM ECP denotifies PML-N's Ziaur Rehman as KP lawmaker over disqualification in fake degree case

The Election Commission of Pakistan (ECP) on Wednesday denotified PML-N's Mian Ziaur Rehman as a member of the Khyber Pakhtunkhwa Assembly, after his disqualification in a fake degree case. Rehman was re-elected MPA from Mansehra’s PK-30 constituency in the July 25 general elections this year. The Peshawar High Court (PHC) had de-seated him and disqualified

December 5, 2018 12:00 AM PCB plans to hold five PSL fixtures in Karachi

LAHORE: The Pakistan Cricket Board is planning to hold three of the eight PSL IV matches in Lahore while the remaining five, including the final, may be held in Karachi. The PCB and PSL officials are in talks with the provincial administration and other stakeholders to formulate a plan to ensure that their vision sees the light of day. It has already 2

December 4, 2018 12:00 AM ‘Nepal has expressed inability to host SAG’

KARACHI: Nepal has informally informed South Asian nations about its inability to hold the 13th South Asian Games in March 2019. Nepal Olympic Committee is expected to formally intimate the South Asian nations by Tuesday (today) after getting a final directive from the government.“An informal meeting of the South Asian Olympic Council was held in Tokyo 2