FCC dismisses Balochistan govt appeal, strikes down lifetime perks for former chief secretaries

The Federal Constitutional Court (FCC) has declared null and void a government notification granting lifetime additional benefits to former chief secretaries of Balochistan and their widows, dismissing the provincial government’s appeal and upholding an earlier ruling of the Balochistan High Court (BHC). The Government of Balochistan had issued the notification extending lifetime benefits to former…

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PSX sheds 1,486 points amid geopolitical jitters

Broad-based selling keeps KSE-100 index firmly in red as banks, energy, cement and auto stocks lead losses  The Pakistan Stock Exchange (PSX) remained under intense selling pressure on Monday as investors reacted to rising geopolitical concerns, dragging the benchmark KSE-100 index sharply lower during intraday trade. The market opened in the red and extended losses…

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Varsity forms inquiry committee over harassment allegations

University says no formal complaint has been received and committee will examine screenshots and records RAHIM YAR KHAN: Rahim Yar Khan’s Khwaja Fareed University of Engineering and Information Technology (KFUEIT) has constituted an inquiry committee after screenshots and allegations concerning the alleged harassment of a female student by a university lecturer surfaced on social media….

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Currency in circulation jumps 28%

KARACHI: Pakistan’s broad money supply (M2) recorded a strong 21.3% year-on-year (YoY) growth as of March 27, 2026, reflecting a significant expansion in liquidity driven by rising deposits and increased currency circulation in the economy. The latest data shows that total bank deposits grew by 18.7% YoY to Rs30.6 trillion, indicating sustained inflows into the…

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Rizwan, Imam questioned by NCCIA

Pakistan batsmen Mohammad Rizwan and Imam-ul-Haq appeared before the National Cyber Crime Investigation Agency (NCCIA) at Lahore on Thursday. They were questioned as part of an investigation into alleged dressing room leaks and their activities during Pakistan’s England tour, sources familiar with the matter said. The duo remained at the NCCIA office for around two…

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Bolivia ends 15-year dollar peg

LA PAZ: Bolivia will adopt a flexible exchange-rate system, the government said on Friday, effectively devaluing the currency by ending a 15-year dollar peg in a major policy shift aimed at restoring economic stability. Bolivia’s central bank will oversee the shift, as the government aims to “strengthen macroeconomic stability, preserve external competitiveness and contribute to…

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PCB tightens grip on PSL stakeholders

KARACHI: Clear your dues or face termination of contracts” the Pakistan Cricket Board has launched a recovery campaign against defaulters. Notices have been issued to all concerned parties, directing them to make payments within the stipulated deadline. According to details, the 11th edition of the PSL has now concluded, and the PCB had already begun…

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Young fires 67 to seize PGA lead

MIAMI: Fourth-ranked Cameron Young rode a hot start and surged to a five-stroke lead after Friday’s second round of the PGA Cadillac Championship. Young birdied four of the first seven holes on his way to firing a five-under par 67 and stand on 13-under 131 after 36 holes at Trump National Doral in Florida. “I’ve…

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