Saturday, January 16th, 2021
UFC allows marijuana consumption following drug policy change
The United States Anti-Doping Agency (USADA) announced that the use of marijuana will not be deemed a punishable offence in the Ultimate Fighting Championship (UFC) following a drug policy change. According to an ESPN report, the mixed martial arts (MMA) athletes will not be held accountable if tested for carboxy-THC, which is a found in cannabis, unless the anti-doping agency is able to prove that they consumed the drug to boost their performances. UFC’s Vice President of Athlete Health and Performance Jeff Novitzky, while speaking with the website, said heRead More
ICCI resents further hike in prices of petroleum products
ISLAMABAD, JAN 16 (DNA) – The Islamabad Chamber of Commerce & Industry (ICCI) has resented yet another increase by the government in the prices of petroleum products and termed it an unwise decision that would go against the interests of businesses and the general public giving rise to more inflation and high cost of doing business. It would ultimately make it more difficult for the business community to revive the business and economic activities in the country. Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry said thatRead More
PIAF lashes out at govt over hike in petroleum products rates
DNA LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has lashed out at the government for increasing prices of three major petroleum products of petrol, diesel and liquefied petroleum gas, which will cause an additional burden of billions of rupees on consumers in this month. In a joint statement issued here on Saturday, PIAF Chairman Mian Nauman Kabir and vice chairman Javed Siddiqi said that it is unfortunate that besides the 17% GST, the government has more than doubled the rate of petroleum levy on HSD and petrol inRead More
Mian Anjum Nisar says gas supply suspension to halt industrial production process
DNA KARACHI – Demanding smooth supply of gas to all industries without any discrimination, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) ex-president and Businessmen Panel Chairman Mian Anjum Nisar has said that suspension of gas supply to industries, including captive power plants would be detrimental to the national economy. He was talking to a delegation of various industrial estates, who met him to brief about the worst gas supply situation to the industry across the country. The industrial associations’ delegation observed that the government has also haltedRead More
Pakistan might be one of the biggest beneficiaries of AIIB
BEIJING, Jan. 16 /DNA/ – Today Jan.16,202 marks the 5th anniversary of the China’s led Asian Infrastructure Iinvestment Bank (AIIB), a multilateral development bank with a mission to improve social and economic outcomes in Asia, according to Gwadar Pro. Initiated by China and jointly established by 57 countries in 2015, AIIB has provided over USD 22 billion in infrastructure investment, granted 108 projects involving 28 economies, and successfully played its role in promoting infrastructure construction, connectivity and regional cooperation in Asia. Yasir Masood, a Pakistani economist and researcher of China-PakistanRead More
China-Pakistan agree to enhance culture and tourism cooperation
BEIJING, JAN.16 – China and Pakistan agreed to organize cultural and tourism activities, on the occasion of the 70th anniversary of the establishment of diplomatic relations between the two countries. According to Gwadar Pro, Pakistani Ambassador Moin ul Haque held a meeting with Zhang Xu, Vice-Minister of Culture and Tourism at the Ministry of Culture and Tourism of China. During the meeting, the two sides reviewed on-going cooperation in the fields of culture, tourism, and people-to-people exchanges and vowed to further deepen their bilateral engagements in the future. Expressing satisfactionRead More