KARACHI: The benchmark index of the Pakistan Stock Exchange (PSX) continued its upward momentum on Thursday to cross the 64,000 milestone in yet another record high. According to the PSX website, the KSE-100 index gained 380.55 points at 10:20am to reach 64,298.27, up 0.6 per cent from the previous close of 63,917.72. The benchmark of representative shares, maintaining its bull …
ISLAMABAD: Days after his election as chairman of the PTI in ECP-mandated intra-party elections, Gohar Ali Khan on Wednesday made appointments on key positions of the party, ignoring some key recent appointees. Former senior vice president Sher Afzal Khan Marwat, a member of the PTI’s legal team, and party’s north Punjab president Seemabia Tahir were among those who failed to …
The Pakistan Tehreek-i-Insaf (PTI) on Wednesday approached the Lahore High Court to challenge the appointment of bureaucrats by the caretaker provincial government in Punjab, to act as returning officers (ROs) for the upcoming general elections. Barrister Umair Khan Niazi, additional secretary general of the PTI, filed a writ petition, asking the court to strike down sections 50(1)(b) and 51(1) of …
PESHAWAR: Chief of Army Staff (COAS) General Asim Munir on Thursday backed the interim government’s decision to deport illegal foreigners, saying that they were “seriously affecting Pakistan’s security and economy”. According to a handout issued by the Inter-Services Public Relations (ISPR), the army chief passed these remarks during a visit to Peshawar. In November, the caretakers initiated a nationwide campaign to …
RAWALPINDI: A Pakistan Army soldier was martyred in an exchange of fire with terrorists in the Sararogha area of Khyber Pakhtunkhwa’s South Waziristan district, the military’s media wing said on Tuesday night. According to the Inter-Services Public Relations (ISPR), a fire exchange took place between army troops and terrorists after the military “effectively engaged the terrorists’ location”. The statement added …
ISLAMABAD: Interim Interior Minister Sarfraz Ahmad Bugti on Tuesday said the Election Commission of Pakistan (ECP) would be given full security needed to hold the upcoming general elections in a peaceful environment. The general elections in the country are scheduled for February 8. A day ago, the ECP sought the deployment of the army and civil armed forces outside polling stations for the elections …
ISLAMABAD: President Dr Arif Alvi on Tuesday conferred the civil award of Nishan-i-Pakistan on Dr Syedna Mufaddal Saifuddin, the head of the Dawoodi Bohra community, in recognition of his services for Pakistan in the field of spiritual guidance and social services. The award was conferred at a special investiture ceremony held at the Aiwan-i-Sadr. According to the citation read out …
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday notified an additional fuel cost adjustment (FCA) of Rs3.08 per unit for consumers of ex-Wapda distribution companies (Discos) with a net financial impact of about Rs28.5 billion for electricity consumed in October. According to Nepra’s notification, the adjustment will apply to all the consumer categories except Electric Vehicle Charging Stations …
ISLAMABAD: The Asian Development Bank (ADB) on Wednesday approved three projects totaling $658.8 million to help Pakistan achieve its goal of more inclusive and sustainable growth and development. The projects approved this week, will focus on improving domestic resource mobilization; rehabilitating schools damaged by the devastating August 2022 floods; and enhancing agricultural productivity to improve food security, ADB said in …
ISLAMABAD: The Pakistan Tehreek-i-Insaaf (PTI) has submitted the results of its recently-held controversial intra-party elections and other required documents to the Election Commission of Pakistan (ECP), asking it to issue a certificate in this regard as early as possible. “All required documents of the intra-party elections were filed before the ECP today. As general elections schedule is to be announced …