Russell backs Verstappen amid F1 criticism

George Russell reflects on Max Verstappen’s future in Formula One amid ongoing criticism of new regulations. Photo: REUTERS/FILE LONDON: Championship favourite George Russell said he would understand if Max Verstappen walked away from Formula One in the sport’s new era and he would not be surprised either way.Speaking to reporters via a video call on…

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LHC upholds end of free electricity perk

LAHORE/ISLAMABAD: The Lahore High Court (LHC) upheld the government’s decision to withdraw free electricity units for Grade-17 officers of the Water and Power Development Authority (Wapda) and power distribution companies (DISCOs), declaring the policy lawful. The LHC issued this verdict after hearing petitions filed by the GEPCO Engineers and Officers Association, which challenged the government’s…

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Diesel price further slashed by Rs32/litre

ISLAMABAD: The government slashed the price of high-speed diesel (HSD) by up to Rs32.12 per litre to ease inflationary pressure and transport costs following easing tensions in the Middle East. Prime Minister Shehbaz Sharif approved the reduction in HSD price on Friday—from Rs385.54 to Rs353.43 per litre. The Prime Minister’s Office announced the decision. The…

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Backchannels bring Iran-US talks back on track

A staff member removes the Iranian flag from the stage after a group picture with foreign ministers and representatives of the US, Iran, China, Russia, Britain, Germany, France and the European Union during the Iran nuclear talks at the Vienna International Centre in Vienna, Austria July 14, 2015. PHOTO: REUTERS/FILE ISLAMABAD: Pakistan is set to…

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Hormuz opening lifts deal prospects

• Araghchi announces vital trade chokepoint open to all commercial vessels • Trump sees deal ‘soon’ to end war • A vessel at the Strait of Hormuz, off the coast of Oman’s Musandam province. PHOTO: REUTERS DUBAI/WASHINGTON: Iranian Foreign Minister Abbas Araqchi said on Friday the Strait of Hormuz was open following a ceasefire agreement…

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Power tariff may rise by 26 paisa per unit

. ISLAMABAD: Electricity consumers may face an increase of 26 paisa per unit under the monthly fuel adjustment mechanism for March. The Central Power Purchasing Agency (CPPA) has submitted a request to the National Electric Power Regulatory Authority (Nepra) seeking approval for the price hike. Nepra is scheduled to hear the petition on April 28….

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