Shares at PSX reverse losses, up more than 1,000 points in intraday trade – Business

After two consecutive sessions of selling pressure, some positivity returned to the Pakistan Stock Exchange (PSX) on Thursday after it gained more than 1000 points in intraday trade. The KSE-100 index gained by 1015.82 points, or 1.59 per cent, to stand at 65,064.26 from the previous close of 64,048.44 at around 1:42pm. Yousuf M. Farooq, […]

Shares at PSX reverse losses, up more than 500 points in intraday trade – Business

After two consecutive sessions of selling pressure, some positivity returned to the Pakistan Stock Exchange (PSX) on Thursday after it gained more than 500 points in intraday trade. The KSE-100 index gained by 584.96 points, or 0.91 per cent, to stand at 64,633.40 from the previous close of 64,048.44 at around 12:30pm. Yousuf M. Farooq, […]

Man in Karachi convicted of marrying underage girl – Pakistan

KARACHI: A sessions court has sentenced a man to two years in the custody of a probation officer for marrying an underage girl. Additional District and Sessions Judge (west) Irshad Hussain found Muhammad Aslam, 40, guilty of marrying a 15-year-old girl under Section 3 of the Sindh Child Restraint Marriage Act. The convict would stay […]

Attorney general opposes SIC plea for reserved seats – Pakistan

• Says a party is only entitled to such seats if it contests polls• LHC grants ECP, respondents more time to respond• ATC sends MPA Hafiz Farhat to jail on judicial remand• Fawad Chaudhry files petition against potential arrest in undisclosed FIR PESHAWAR/LAHORE: The attorney general for Pakistan (AGP) on Wednesday requested a larger bench […]

Donald Lu to testify before Congress panel on March 20 – World

WASHINGTON: The US House Foreign Affairs Com­mittee has tasked its Subcommittee on the Mid­dle East, Africa, and Cen­tral Asia with conducting a hearing on the future of democracy in Pakistan, scheduled for March 20. The hearing will also delve into the dynamics of US-Pakistan relations following the Feb 8 general elections. Donald Lu, the Assis­tant […]

Ice breaks as CM Gandapur takes up KP issues with PM – Pakistan

ISLAMABAD: Days after refusing to attend the oath-taking ceremonies of Prime Minister Shehbaz Sharif and President Asif Ali Zardari, Khyber Pakhtunkhwa (KP) Chief Minister Ali Amin Gandapur broke the ice as he called on the premier on Wednesday, assuring him of working together “with a positive intention to resolve problems of the people”. After a […]

Aurangzeb emphasises digitalisation of tax system – Business

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Wednesday stressed the urgent need for digitalisation of the Federal Board of Revenue (FBR) to enhance transparency and efficiency in tax collection. During an introductory meeting with tax officials at the FBR headquarters, the minister deliberated on a range of proposals, a key one being the inclusion of retailers’ […]

Six Senate seats up for grabs today – Pakistan

• Chairman-hopeful Gilani to contest against PTI-backed Mehrban in Islamabad• Balochistan lawmakers to elect three, KP to vote in two senators• By-elections in 23 NA, provincial assembly constituencies to be held on April 21 ISLAMABAD: National Assembly lawmakers and MPAs from Balochistan and Khyber Pakhtunkhwa will elect six senators in a by-election, being held on […]

PM Shehbaz forms committee to curtail govt expenses – Pakistan

ISLAMABAD: In view of the financial challenges being faced by the country, Prime Minister Shehbaz Sharif on Wednesday formed a committee to curtail government expenses. “The PM formed the committee to ensure austerity measures on the government side,” Information Minister Attaullah Tarar told Dawn. Members of the committee comprise federal secretaries of cabinet, finance and […]

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