ogood2054

‘Bridal gifts, jewellery belong to wife’

SC says unauthorised retention of such items by husband, family illegal and recoverable ISLAMABAD: The Supreme Court has ruled that any property given to a woman at the time of marriage by her parents, relatives, husband or in-laws for her personal use and benefit vests absolutely in her and neither the husband nor his family…

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PSX loses steam amid cautious trading

KARACHI: The Pakistan Stock Exchange (PSX) ended lower on Tuesday as investors adopted a cautious stance amid a lacklustre trading environment, with the absence of a strong catalyst prompting profit-taking in key sectors. The market opened on a positive note, with buying interest witnessed across cement, commercial banks, oil and gas exploration companies, oil marketing…

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The bridge that wasn’t built

ISLAMABAD: Five months after Mahmood Khan Achakzai was brought in as the opposition leader amid hopes that he could steer the PTI from confrontation towards dialogue, Tuesday’s events in the National Assembly suggested he was once again treading the familiar path of political deadlock. During his speech in the National Assembly, Achakzai described the government…

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Lower fuel demand masks deeper crisis

Fuel demand drop signals weaker economic activity and rising financial strain despite efficiency claims LAHORE: The government’s two-year energy conservation drive, aimed at cutting import costs and easing pressure on foreign exchange reserves, has led to a notable decline in petroleum consumption. However, while the measures have delivered some financial benefits, economists argue that their…

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ECP turns up heat on K-P, Islamabad over LG polls

ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday set July 1 as the deadline for authorities in Khyber-Pakhtunkhwa (K-P) and Islamabad to submit long-pending maps, notifications and other data required to move forward with local government (LG) elections. The commission summoned senior officials from both administrations to explain the prolonged delays. Chairing a high-level…

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Rs18.8tr expansionary budget sails through NA

ISLAMABAD: The National Assembly on Tuesday passed the Rs18.8 trillion expansionary federal budget by a majority vote, with its successful implementation – including achieving a Rs15.3 trillion tax target – seen as critical for funding defence spending and fast-tracking the construction of major dams. The lower house also approved the Finance Bill 2026 with several…

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AJK govt rules out blanket amnesty for JAAC

MUZAFFARABAD: The Azad Jammu and Kashmir (AJK) government has ruled out any blanket amnesty for leaders of proscribed Joint Awami Action Committee (Jaac), holding them responsible for recent deaths and violence and vowing to pursue legal action against them. Addressing a joint press conference alongside Inspector General of Police (IGP) Liaqat Ali Malik, Chief Secretary…

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