Stocks soar to record high on SOEs sell-off
KARACHI: In another record-breaking rally, the Pakistan Stock Exchange (PSX) on Thursday rose nearly 600 points and shot past the 67,000-point barrier to a new record high on the back of major positive developments. The key triggers were the classification of Pakistan as a secondary emerging market in the FTSE Global Equity Indices and the […]
SC endorses inquiry over judges’ letter
ISLAMABAD: Despite facing strong reservations from some judges, the Supreme Court endorsed on Thursday a proposal for a commission led by a retired judge to inquire into the letter written by six Islamabad High Court (IHC) judges regarding alleged interference of agencies in judicial functions. Meanwhile, Chief Justice Qazi Faez Isa unequivocally conveyed to […]
Babar Azam joins Kakul camp as Pakistan players sweat it out on day three
JOIN OUR WHATSAPP CHANNEL The Pakistani cricketers are currently engaged in a fitness camp at the Army School of Physical Training (ASPT), where they are undergoing various training routines and gym exercises. This camp, attended by 29 players, commenced on March 26 and is set to conclude on April 8. Its primary aim is to […]
Seven elected unopposed senators from Balochistan
QUETTA: Treasury and opposition parties in Balochistan reached consensus on Thursday on the unopposed election of seven candidates, contesting on the general seats of the Senate, and continued their further talks for the uncontested election on the women and technocrat seats. Those elected unopposed are former caretaker prime minister Anwarul Haq Kakar; Awami National […]
LNG diversion leads to gas price hike
LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) has emphasised that the cost of human resources accounts for only 4% of the total gas price, where 94% is the cost of gas and the remaining is the return on capital expenditure. According to an SNGPL spokesperson, one of the key reasons behind the increase in gas […]
Chinese workers to resume work on hydropower project days after Besham attack
Much to regional rivals’ chagrin, China instructed its workers to resume work on the Tarbela Dam extension project days after five Chinese engineers were killed in the Besham suicide attack. As per an office circular issued by the Power Construction Corporation of China Ltd, on March 28, “workers and office staff will be back to […]
Inside details about late-night PCB meeting on captaincy, coaches
JOIN OUR WHATSAPP CHANNEL Chairman Mohsin Naqvi of the Pakistan Cricket Board (PCB) presided over a crucial meeting at the PCB headquarters, Gaddafi Stadium, Lahore, on Thursday night. The focal point of the meeting was the presentation of recommendations by the selection committee members concerning the national cricket team’s captaincy. Deliberations also ensued on matters […]