Pakistan cricket in turmoil after leaked audio exposes PCB chief’s plan to oust Babar Azam as captain in all formats. Azam stepped down after World Cup debacle, but PCB chief had a backup “Plan-B” ready.
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Is the bull market over?
A substantial downturn at the PSX can be attributed to escalating leverage costs and mounting political risks, compelling investors to hastily offload shares. The surge in leverage, measured by futures open interest, margin trading, and financing, hit a two-year high at Rs40 billion, a substantial increase from Rs14.3 billion in June.
World Bank approves $350 million loan for Pakistan’s economic reforms
By Staff Reporter
ISLAMABAD: The World Bank said its board of executive directors approved a $350 million loan for Pakistan to support the country’s efforts to improve fiscal management and boost competitiveness.
Lawyers demand election chief’s resignation over bias claims
By Staff Reporter
ISLAMABAD: Pakistan’s top lawyers’ associations on Tuesday demanded the resignation of the country’s chief election commissioner, accusing him of bias and incompetence ahead of a general election due in February.
PM Kakar defends mass repatriation of migrants amid criticism
By Staff Reporter
ISLAMABAD: The interim prime minister Anwaar-ul-Haq Kakar on Tuesday defended the country’s controversial program to repatriate millions of undocumented migrants, mostly Afghans, amid criticism from human rights groups and Western democracies.
Election schedule announced, Pakistan gears up for Feb. 8 polls
By Staff Reporter
ISLAMABAD: The Election Commission of Pakistan said on Friday night that the country would hold general elections on Feb. 8, hours after the Supreme Court intervened and ordered it to issue the schedule, overturning a lower court’s ruling that had blocked the appointment of election officials.
Gasoline, diesel prices lowered by 4 percent
By Staff Reporter
KARACHI: The interim government cut gasoline and diesel prices by more than 4 percent for the second half of December, as global oil prices fell, and the local currency strengthened.
Supreme Court clears path for Feb. 8 vote
By Staff Reporter
ISLAMABAD The Supreme Court of Pakistan on Friday cleared the way for the country’s general elections to be held on February 8, overturning a lower court order that had stalled the appointment of key electoral officials and threatened to derail the democratic process.
Former judge names ex-generals, judges in removal case
By Staff Reporter
ISLAMABAD: A former judge of the Islamabad High Court, who was removed from his position in 2018 for accusing the military of interfering in judicial affairs, has named several retired army generals and former judges as respondents in his case challenging his removal.
Court order stalls election preparations
By Staff Reporter
ISLAMABAD: The Election Commission of Pakistan (ECP) suspended a training session for returning officers on Thursday after a court order challenged its decision to appoint bureaucrats to oversee the elections scheduled for Feb. 8 next year.