KARACHI: The benchmark index of the Pakistan Stock Exchange (PSX) continued its record-breaking rally and crossed the 61,000 milestone on Wednesday. According to the PSX website, the KSE-100 index struck 61,412.41 points at 10am, up 682.15 or 1.12 per cent from the previous close of 60,730.26. According to analysts, the rally in stock prices witnessed since the beginning of 2023-24 …
ISLAMABAD: In a first, the Islamabad High Court (IHC) has formally inaugurated a mediation centre — a forum for Alternate Dispute Resolution (ADR) — that would not only reduce the backlog of 18,500 cases in the IHC and over 52,000 cases in the district courts but also provide swift and inexpensive justice to litigants. The inaugural ceremony was held at …
LAHORE: The Pakistan Muslim League-Nawaz (PML-N) has intensified its election groundwork nationwide, opting to entrust election campaigning responsibilities to the youth and minority communities, as announced by the party’s leadership. PML-N Senior Vice President and Chief Organiser Maryam Nawaz has directed the Muslim Students Federation (MSF) and Minority Wing of her party to intensify the campaign nationwide for the upcoming …
ISLAMABAD: The Islamabad High Court has scheduled PML-N supremo Nawaz Sharif’s appeal against his conviction in the Avenfield Apartments and Al-Azizia Steel Mills corruption cases as well as those filed by the National Accountability Bureau (NAB) for hearing on Wednesday (today). An IHC division bench comprising Chief Justice Aamer Farooq and Justice Miangul Hassan Aurangzeb will hear them. In July …
ISLAMABAD: In a rather surprising development, former prime minister Imran Khan on Tuesday picked Barrister Gohar Khan as his candidate for the post of chairman in the intra-party polls – a role he has held since the party’s formation over two decades ago. The announcement came late in the day after much confusion and a sense of conflict creeping into …
LAHORE: The Pakistan Cricket Board (PCB) on Tuesday overturned a fine imposed on wicketkeeper-batter Azam Khan for displaying a Palestinian flag on his bat during a recent domestic T20 match. The imposition of the fine sparked social media criticism, with the PCB facing backlash for what was perceived as an unjust action against the cricketer. Khan — who represented Karachi …
ISLAMABAD: In a bid to solidify its political footing, the Pakistan Peoples Party (PPP) has decided to deploy its negotiation team in discussions with various political parties for alliance or seat-to-seat adjustments ahead of the upcoming general elections. The strategic move follows the strides made by the PML-N, prompting the PPP to proactively seek alliances to counter its rival’s advancements. …
ISLAMABAD: Following the orders of the Election Commission of Pakistan (ECP), the Pakistan Tehreek-e-Insaf (PTI) is planning to hold intra-party elections this week. Sources said that the PTI core committee has decided to hold intra-party elections after consultation with the incarcerated party chairman Imran Khan. It emerged that the former prime minister will remain PTI chairman unopposed while elections will …
ISLAMABAD: A caretaker federal minister on Monday assured the upper house of parliament that Pakistan currently has ample wheat stocks and that the government will take concrete measures to address any flour shortage due to supply chain problems.“There is no shortage of wheat in the country,” Minister for Parliamentary Affairs and Information Murtaza Solangi said in response to a motion …
ISLAMABAD: Special Court Judge Abual Hasnat Zulqarnain, who is hearing the cipher case against PTI Chairman Imran Khan, ruled on Tuesday that the trial proceedings would continue at the Adiala jail but in an open court. Citing “serious security risks”, Adiala jail authorities failed to present the former premier today before the special court at Islamabad’s Federal Judicial Complex (FJC) …