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LUMS founder Syed Babar Ali elected to American Academy of Arts and Sciences LAHORE: Renowned Pakistani businessman, philanthropist and educationist Syed Babar Ali has been elected as a member of the American Academy of Art and Sciences in recognition of his efforts for creating Lahore University of Management Sciences (LUMS). After Dr Abdus Salam, Syed Babar Ali becomes the second Pakistani to earn this honour, reports  Geo News . The American Academy of Arts and Sciences is one of the oldest learned societies in the United States. Founded in 1780, the Academy is dedicated to honoring excellence and leadership, working across disciplines and divides, and advancing the common good. Syed Babar Ali received his education from Aitchison College in Lahore. For further studies, he went to the Michigan University at Ann Arbor until 1947 when he moved to newly-created state Pakistan. He completed his graduation from Punjab University (PU). He also briefly studied at Harvard School o

Rishi Kapoor would like to be remembered with smiles, not tears: family statement Bollywood's eternal romantic hero, Rishi Kapoor died on Wednesday at age 67, after a two-year battle with cancer. Following his death, the Kapoor family issued an official statement detailing his final hours in the hospital before he passed on. Our dear Rishi Kapoor passed away peacefully at 8:45am IST in hospital today after a two-year battle with leukemia. The doctors and medical staff at the hospital said he kept them entertained to the last. He remained jovial and determined to live to the fullest right through two years of treatment across two continents. Family, friends, food and films remained his focus and everyone who met him during this time was amazed at how he did not let his illness get the better of him, it further said. عرفان خان: کینسر میں مبتلا بالی وڈ اداکار ممبئی میں وفات پا گئے He was grateful for the love of his fans that poured in from the world over. In his

The White House unfollows Modi, Indian president on Twitter The White House unfollowed Indian Prime Minister Narendra Modi on Twitter, leaving Congress party leader Rahul Gandhi 'dismayed' at the American administration's decision. Indian media reported on Wednesday that The White House, which has 22 million followers on Twitter, followed the Indian prime minister till April 11, unfollowed him recently. The official Twitter account of White House, the residence and workplace of the president of the United States, doesn’t follow Indian Prime Minister Narendra Modi anymore on the micro-blogging site, reported outlookindia.com. Modi was the only world leader followed by The White House on Twitter till April 11. Other Indian Twitter accounts unfollowed were those of the president of India, the Indian Prime Minister’s Office, and the Indian Embassy in Washington D.C. The move 'dismayed' Congress party leader Rahul Gandhi, who urged India's E

Ogra recommends petrol prices be reduced by Rs20.68 per litre owing to crude freefall in international market ISLAMABAD: Owing to sharp decline in crude oil prices in the international market, the Oil and Gas Regulatory Authority OGRA has recommended to the government to reduce petroleum prices by up to Rs44 per litre for May 2020,  The News  reported on Thursday. The regulatory body has suggested that the price of diesel may be reduced by Rs33.94 per litre (or 31.6%) petrol by Rs20.68/ litre (21.4%) kerosene oil by Rs44.07/ litre (56.9%) and light diesel oil (LDO) by Rs24.57/ litre (39.3%). If the government accepts the suggestion of the Authority, petrol price will come down from current Rs96.58/ litre to Rs75.9/ litre and diesel price will reduce to Rs73.31/ litre from current Rs107.25/litre. Similarly, the LDO price will come down to Rs37.94/ litre from current Rs62.51/ litre and kerosene price will come down to Rs33.38/ litre from current Rs77.45/litre. Petroleum levy

عرفان خان: کینسر میں مبتلا بالی وڈ اداکار ممبئی میں وفات پا گئے ہالی وڈ اور بالی وڈ کی 100 سے زائد فلموں میں کام کرنے والے اداکار عرفان خان ممبئی میں وفات پا گئے ہیں۔ 54 سالہ عرفان خان نیورو اینڈوکرائن کینسر کا شکار تھے اور لندن سے علاج کروانے کے بعد گذشتہ برس واپس انڈیا آئے تھے۔ یہ بیماری انسانی جسم میں ان خلیوں کو متاثر کرتی ہے جو خون کے بہاؤ میں ہارمونز خارج کرتے ہیں۔ انھیں منگل کو ممبئی کے کوکیلابین دھیروبائی امبانی ہسپتال میں انتہائی نگہداشت کے یونٹ میں داخل کیا گیا تھا اور ان کے ترجمان نے ایک بیان میں کہا تھا کہ عرفان خان کو بڑی آنت کے انفیکشن کے باعث ہسپتال لایا گیا ہے۔ تاہم بدھ کو عرفان خان کے ترجمان نے ان کی موت کی تصدیق کرتے ہوئے کہا ہے کہ 'مجھے یقین ہے کہ میں ہار چکا ہوں۔' اداکار عرفان خان نے یہ دل چھونے لینے والی بات اپنے سنہ 2018 کے ایک نوٹ میں کہی تھی جب وہ کینسر کی بیماری سے لڑ رہے تھے اور آج ہم یہ افسوسناک خبر دے رہے ہیں کہ وہ ہمارے درمیان نہیں رہے۔ ترجمان کا کہنا تھا کہ عرفان ایک مضبوط ارادوں والے انسان تھے جنھوں نے آخر تک لڑائی لڑی۔ انھوں

New schedule of flights announced to bring back stranded Pakistanis Special Assistant to the PM for Overseas Pakistanis Zulfi Bukhari on Sunday announced additional flights to bring back Pakistanis stranded in Saudi Arabia, UAE, Oman, UK, Qatar, Turkey, Kenya, Bahrain and Sudan due to the corona-virus lock-down. Zulfi Bukhari, in a tweet, shared that international flights to bring back the Pakistanis have been increased on the instructions of Prime Minister Imran Khan and to facilitate the maximum number of people. Sayed Z Bukhari ✔ @sayedzbukhari Flights to bring our ppl back ‘ve been increased as per PM @ ImranKhanPTI ’s instrs to facilitate max no of ppl, to KSA are also added. Even with increased capacity,I request # OverseasPakistanis to avoid unnecessary travel&let more deserving ppl get a chance to travel at priority 3,406 4:11 AM - Apr 26, 2020 Twitter Ads info and privacy 1,197 people are talking about this

US oil prices bounce back after historic crash US crude prices bounced back into positive territory on Tuesday, a day after crashing below $0.00 for the first time owing to crippled demand and a storage glut, while the commodity rout sent Asian equities sharply lower. West Texas Intermediate for May delivery was changing hands at $1.10 a barrel after diving to an unprecedented low of -$37.63 in New York as the pandemic brings the global economy, transport and factory activity to a halt. The sell-off in May futures came because the contract expires later Tuesday, meaning traders needed to find buyers to take physical possession of the oil — a job made near-impossible as storage becomes scarce. However, focus is now on the June contract, which had trading volumes more than 30 times higher. That rose towards $21 a barrel, from $20.43 on Monday. Brent crude, the international benchmark, was changing hands at $25.75 for June delivery. The collapse in WTI "was driven by

When oil became waste: a week of turmoil for crude, and more pain to come The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of US oil futures, which had never dropped below $10 a barrel in its nearly 40-year history, plunged to a previously unthinkable minus $38 a barrel. In just a few months, the corona-virus pandemic has destroyed so much fuel demand as billions of people curtail travel that it has done what financial crashes, recessions and wars had failed to ever do - leave the United States with so much oil there was nowhere to put it. While the unusual circumstance of negative oil prices may not be repeated, many in the industry say it is a harbinger for more bleak days ahead, and that years of over-investment will not correct in a period of weeks or even months. What happened in the futures contract the other day indicated things are starting to get bad earlier than expected, said Frederick Lawrence,

Fresh evidence busts reports of President Kim Jong Un’s death WASHINGTON/SEOUL: A special train possibly belonging to North Korean President Kim Jong Un was spotted this week at a resort town in the country, according to satellite images reviewed by a Washington-based North Korea monitoring project, amid conflicting reports about Kim's health and whereabouts. The monitoring project, 38 North, said in its report on Saturday that the train was parked at the "leadership station" in Wonsan on April 21 and April 23. The station is reserved for the use of the Kim family, it said. Though the group said it was probably Kim Jong Un's train, Reuters has not been able to confirm that independently, or whether he was in Wonsan. "The train's presence does not prove the whereabouts of the North Korean leader or indicate anything about his health but it does lend weight to reports that Kim is staying at an elite area on the country's eastern coast," th

Delay in sugar inquiry report 'admission of guilt' by PM: Shehbaz Sharif Leader of the Opposition in the National Assembly Mian Shehbaz Sharif has denounced the three-week delay in the release of the final report on the sugar crisis, saying that it is an "admission of guilt" on the part of Prime Minister Imran Khan. "The Cabinet, the Economic Coordination Committee, and all those who granted [the sugar mills] subsidies are responsible for this crisis," he said on Sunday. "Imran Khan and Sardar Usman Buzdar are behind all the decisions," added Sharif. He said that the delay in the report's release is "evidence of the Rs100bn robbery committed by the government" and was an attempt to protect the identities of the actual ones responsible for the "sugar theft". "Concealing the findings of the sugar inquiry report will not hide Imran Khan's crime," said the Muslim  League- N president. Sharif said t