The study will look into why fuel prices climb quickly but fall slowly. In March, Britain cut fuel duty by 5 pence per litre for a year as part of a 5 billion pound ($6.2 billion) package help motorists cope with cost-of-living squeeze. The government has ordered Britain’s competition watchdog to examine the retail fuel … Read more
The banking deposits surged 17 per cent to Rs20.51 trillion by the quarter ended September 30, 2021, compared with Rs17.54 trillion in the same quarter of the last year, according to a report released by the State Bank of Pakistan (SBP) on Tuesday. Similarly, the total assets of the banking system climbed up 21 per … Read more
WASHINGTON, Jan. 4 (Xinhua) — The United States shattered a single-day record with over 1 million COVID-19 cases on Monday amid the rapid spread of the Omicron variant, according to data from Johns Hopkins University. As of 0500 GMT Tuesday, the country registered about 1.07 million confirmed cases in the past 24 hours, remaining the … Read more
ISLAMABAD: The exports of textile commodities witnessed an increase of 28.41 per cent during the first five months of the current fiscal year (2021/22), compared with the corresponding period of the last year and went up over 35 per cent on a year-on-year basis, the latest data of the Pakistan Bureau of Statistics (PBS) revealed. … Read more
LOS ANGELES: Miami Heat coach Erik Spoelstra questioned the NBA’s Covid-19 protocols on Sunday, suggesting players that test positive but are fully vaccinated and asymptomatic should be treated the same as someone with the flu. “Has everybody gotten their shots and their boosters? Why would they be held out extensively longer than if they have the flu?” … Read more
BRATISLAVA: The Slovak government allowed shops, ski resorts and churches to reopen Friday to those who are vaccinated or have recovered from Covid, despite having the highest infection rate in the world. The EU member of 5.4 million people, which went into partial lockdown late last month, registered 1,099 cases per 100,000 people over the … Read more
WASHINGTON: US President Joe Biden on Thursday announced sweeping new vaccine requirements, which may affect about 100 million Americans, as part of a new action plan to curb the surging Covid-19 cases driven by the highly contagious Delta variant. “While America is in much better shape than it was seven months ago when I took … Read more
Mumbai: Indian authorities are restricting major religious festivals that start this week and attract huge crowds, warning that a new Covid-19 wave had already begun in the financial capital Mumbai. State governments across the country of 1.3 billion people, which saw a devastating coronavirus surge in April-May, are clamping down on mass gatherings. “The third … Read more
WASHINGTON: The Covid-19 cases in children in the United States reached levels not seen since the winter surge, said the latest report from the American Academy of Paediatrics and the Children’s Hospital Association. More than 4.59 million children have been tested positive for Covid-19 since the onset of the pandemic, said the report. Over 180,000 … Read more
