Thursday, October 21st, 2021
Pakistan’s inflation rate is the fourth highest in the world: report
The Economist ranks Turkey second with a 19.6% inflation rate, followed by Brazil with 10.2%. Argentina tops list with 51.4% inflation rate. Inflation rate in India clocks in at 4.3%, taking it to the 16th position on the list. LONDON, OCT 21: Amid soaring inflation, Pakistan has been ranked as a country with the fourth highest inflation rate in the world,according to a weekly report published by The Economist. The report placed Pakistan at fourth place out of a list of 43 countries. It is pertinent to mention here thatRead More
Pakistan to remain on FATF grey list
ISLAMABAD, OCT 21: The Financial Action Task Force (FATF) announced on Thursday that Pakistan will remain on its increased monitoring list, also called the grey list. Pakistan has been on the grey list, for deficiencies in its counter-terror financing and anti-money laundering regimes since June 2018. Announcing the decision, FATF President Dr Marcus Pleyer said that Pakistan had to complete two concurrent action plans with a total of 34 items. “It has now addressed or largely addressed 30 of the items,” he said. “Its most recent action plan from JuneRead More
Sheikh Rashid announces to make Lal Haveli a university
RAWALPINDI , OCT21 : Sheikh Rashid Ahmed, the Federal Interior Minister, said on Wednesday that Lal Haveli would become a university. Sheikh Rashid told the media at the inauguration of the Multipurpose Academic Hall at Government Associate College for Women that Lal Haveli would be given university status in the future. Federal Interior Minister stated, “Lal Haveli will play a role in educating girls from top foreign universities.” Sheikh Rashid, speaking at a college occasion, suggested that colleges and institutions should be built on any vacant properties in Rawalpindi. TheRead More
‘Defeat against India will dent Pakistan’s semifinal chances’
DUBAI, OCT 21: Former Australia leg-spinner Brad Hogg believes that defeat against India will dent Pakistan to make it into the semifinal of the ICC T20 World Cup. The Super 12 stage of the tournament will begin from October 23 but the majority of the cricket fans across the globe are waiting for the highly-anticipated clash between the arch-rivals on October 24. “If Pakistan get beaten by India in the first game, they’ve got a short turnaround to play New Zealand,” Hogg said while speaking with Deep Dasgupta on hisRead More
Shakib powers Bangladesh into Super 12s of T20 World Cup
DUBAI ,OCT 21 : Shakib Al Hasan smashed 46 and had bowling figures of 4-9 as Bangladesh crushed Papua New Guinea by 84 runs to qualify for the Super 12 stage of the Twenty20 World Cup on Thursday. Chasing 182 for victory, PNG were bowled out for 97 in 19.3 overs to hand Bangladesh their second straight win of round one in Muscat. PNG go out of the tournament with three losses. The Tigers bounced back from an opening loss to register two convincing wins and the last one wouldRead More
Zahoor Buledi appointed new parliamentary leader of BAP
QUETTA, OCT 21 (DNA) – Zahoor Buledi has been appointed as the new parliamentary leader the ruling Balochistan Awami Party (BAP) ahead of the no-confidence motion against the Balochistan Chief Minister Jam Kamal Khan. A notification was issued regarding the appointment of Zahoor Buledi as the new parliamentary leader of the ruling BAP. A session of the Balochistan Assembly has been summoned on October 25 (Monday) for voting on a no-confidence motion tabled against CM Jam Kamal Alyani by disgruntled lawmakers. The session was summoned by Balochistan Assembly Speaker QuddusRead More