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Wednesday, November 4th, 2020

 

Pakistani rupee hits six-month high against US dollar

KARACHI : The Pakistani rupee continued to strengthen against the United States (US) dollar hitting a six-month high of Rs159.65 in the inter-bank market on Wednesday. According to forex dealers, the local currency appreciated by Rs0.32 to Rs159.65 against the greenback as trading session began today. The US dollar was traded at as low as Rs159.93 in the currency market the other day, falling below the Rs160 mark for the first time in the past five months. Economic expert Asad Rizvi said the dollar has depreciated by Rs8.78 against theRead More


Biden confident, Trump accuses Democrats of trying to steal tight White House election

WASHINGTON: Democrat Joe Biden said he was confident of victory and President Donald Trump accused Democrats of trying to steal the election on Wednesday as a tight White House race came down to a handful of states where vote-counting could take hours or days. Trump won the battlegrounds of Florida, Ohio and Texas, dashing Biden’s hopes for a decisive early defeat of the president, but Biden said he was on track to winning the White House by taking three key Rust Belt states. Biden, 77, was eyeing the so-called “blueRead More


England name ODI, T20I squads for tour of South Africa

England have named their limited-overs squads for the men’s white-ball tour of South Africa, scheduled to start from November 27. English selectors have decided to go with a full-strength squad for the T20I series. However, the decision has been taken to rest Jofra Archer, Sam Curran and Ben Stokes for the ODIs. Test captain Joe Root, Chris Woakes, Olly Stone, Lewis Gregory and Liam Livingstone are announced in the ODI squad whereas Chris Jordan and Dawid Malan are only been named for the T20Is. Both teams will play three T20IsRead More


SHC upholds sentences in KMC illegal recruitment case

KARACHI: The Sindh High Court Wednesday rejected appeals against sentences in illegal recruitment in Karachi Metropolitan Corporation (KMC). A bench of the high court upheld sentences to four convicts Mohammad Ahsan, Razi-ur-Rehman, Mirza Jillani Baig and Mohammad Saleem Khan, awarded by a trial court. The court commuted 10-year prison term awarded to convicts into five years on technical grounds. The bench also ordered arrest and transfer of the convicted persons to jail. Police arrested Mohammad Saleem Khan and Razi-ur-Rehman after their appeals turned down by the court. The bench issuedRead More


18 more die of coronavirus, 1,313 test positive across Pakistan

ISLAMABAD: Pakistan reported 18 more coronavirus-related fatalities during the past 24 hours, taking the death toll from the disease to 6,867. According to the National Command and Operation Centre (NCOC), 1,313 fresh infections emerged during this period, lifting the national tally of cases to 337,573. Around 26,565 samples were tested yesterday. There are a total of 14,646 active cases of the coronavirus as 316,060 patients have so far recuperated from the disease. Thus far, Sindh has reported 147,295 cases, followed by Punjab reporting 105,197 cases while Khyber Pakhtunkhwa reported 39,889,Read More