SC urged to decide Noor murder case without delay – Pakistan
ISLAMABAD: The Supreme Court of Pakistan has been urged by the father of Noor Mukadam — a 27-year-old woman murdered by Zahir Jaffer in 2021 — to take up the murder case pending for more than one and half years in the top court. Shaukat Mukadam, a former diplomat, addressed a press conference on Wednesday […]
England win toss, bat against Pakistan in third Test in Rawalpindi – Sport
England captain Ben Stokes won the toss and opted to bat in the third and final Test against Pakistan in Rawalpindi on Thursday. The series is tied 1-1 after England won the first Test by an innings and 47 runs before Pakistan clinched the second by 152 runs, both played in Multan. Pakistan, seeking a […]
‘Tech-savvy’ robbers block cell signals, loot Rs15m from house in DHA Lahore – Pakistan
LAHORE: A five-member gang of robbers looted valuables, including gold ornaments and cash worth over Rs15 million from a house in Defence as they used a special device and blocked signals by jamming Bluetooth or wireless signals for cell phones, GPS and Wi-Fi. They dodged several police stations, used motorway and then took an exit […]
Shares at PSX soar 600 points on hopes of rate cut – Business
Bulls continued their stampede on the trade floor at the Pakistan Stock Exchange (PSX) on Thursday as shares gained more than 600 points in intraday trade. The benchmark KSE-100 index gained 689.23 points, or 0.71 per cent, to stand at 87,883.76 points from the previous close of 87,194.53 points at 9:54am. Mohammed Sohail, chief executive […]
PTI mulls moving SC against amendment – Pakistan
ISLAMABAD: The PTI on Wednesday deliberated whether to challenge the 26th Constitutional Amendment in the Supreme Court and endorsed the boycott of the parliamentary committee meeting that nominated Justice Yahya Afridi as the new chief justice of Pakistan. At a meeting of its core committee presided by PTI Chairman Barrister Gohar Ali Khan, the party […]
Son of Singapore’s Lee Kuan Yew granted asylum in UK – World
SINGAPORE: The youngest son of Singapore’s founding leader Lee Kuan Yew said he was granted asylum in Britain due to persecution at home, where a bitter family feud rages over a property dispute. Lee Hsien Yang said in a Facebook post on Tuesday that he sought asylum in 2022 “as a last resort” from government […]
30 injured in protests calling for Bangladesh president’s resignation – World
DHAKA: A protest outside the Bangladesh president’s home demanding his resignation ended on Wednesday when demonstrators clashed with riot police while trying to storm the compound, with 30 injured in the melee. President Mohammed Shahabuddin’s powers are largely ceremonial, but he played a pivotal role at the height of an August student movement that ousted […]
Flour, ghee, cooking oil prices rise – Pakistan
KARACHI: Despite government assertions of a downward inflationary trend, the prices of essential kitchen items like flour, ghee, and cooking oil have continued to rise. Retailers said the prices of branded 5-kg and 10-kg fine flour bags have risen by Rs50 and Rs100, respectively. Customers are paying Rs630-650 for a five-kg branded fine flour compared […]
SBP poised for fourth straight policy rate cut – Pakistan
KARACHI: Most economists believe the State Bank of Pakistan (SBP) will reduce its policy rate by 200 basis points in its upcoming November meeting, marking the fourth consecutive cut since June, thanks to a decline in inflation, a low current account deficit and higher remittances. The previous three cuts have collectively lowered the benchmark interest […]
IMF sees early fiscal turnaround – Pakistan
ISLAMABAD: Thanks to its tough programme conditions, the International Monetary Fund (IMF) has forecast early signs of a fiscal turnaround in Pakistan, including higher revenues, contained expenditures, and a lower fiscal deficit, albeit with increased indebtedness during the current financial year (FY25). In its Fiscal Monitor 2024 released on Wednesday, the IMF estimated Pakistan’s fiscal […]