FCC faults SHC for judicial overreach

ISLAMABAD: The Federal Constitutional Court (FCC) has ruled that the Sindh High Court (SHC) committed “judicial overreach” by exercising suo motu jurisdiction against police officials and interfering in policy guidelines without justification. Such powers, the FCC stated, are not available to high courts under Article 199 of the Constitution. In a two-page judgment, a two-member…

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Private schools win key policy relief

Annual teaching days fixed; reforms target learning losses from extended holidays RAWALPINDI: The Punjab School Education Department and the All Pakistan Private Schools Management Association (APPSMA) have reached a broad consensus on a comprehensive package of education reforms aimed at improving academic management, easing regulatory challenges and creating a more supportive environment for private educational…

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PSX edges up amid ME tensions

KARACHI: The KSE-100 index gained 0.22% week-on-week to close at 170,885 points at the Pakistan Stock Exchange (PSX) as geopolitical tensions kept the market under pressure for most of the week before expectations of diplomatic engagements ahead of the UN General Assembly session lifted investor sentiment. On a day-on-day basis, g, which ed almost the…

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Two martyred in terrorist attack on security forces camp

Assailants attacked at night; two-hour gunfight leaves constable, security official martyred Funeral prayer of martyred Constable Irfanullah offered at the Police Lines in Lakki Marwat. PHOTO: KP POLICE DI KHAN: In a brazen overnight attack, terrorists belonging to the outlawed Fitna Al-Khawarij group targeted a security forces camp in Khyber-Pakhtunkhwa’s Lakki Marwat district on Thursday, martyring…

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Stocks dive 1,690 points; ME battle fuels sell-off

KARACHI: Pakistan Stock Exchange (PSX) faced heavy selling on Wednesday as the KSE-100 index fell 1,690.40 points, or 0.96%, driven by persistent US-Iran conflict and concerns over energy supply through a vital chokepoint. Commercial banks, cement and oil and gas exploration stocks bore the brunt of selling. The index moved between the intra-day high of…

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Study proposes tax, reforms on cement sector

ISLAMABAD: The Competition Commission of Pakistan’s (CCP) new cement sector study has advocated tax, logistics, energy and mineral reforms to boost competition, cut structural distortions and unlock long-term growth in one of Pakistan’s key industrial sectors. The report titled “Competition Assessment Study of the Cement Sector in Pakistan,” addresses competition-related challenges in the cement sector….

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Pakistan rejects India’s bid for permanent UNSC seat

Pakistan’s Permanent Representative to the United Nations, Ambassador Asim Iftikhar Ahmad addressing a UN Security Council briefing on non-proliferation. PHOTO: X KARACHI: Pakistan’s Permanent Representative to the United Nations, Ambassador Asim Iftikhar Ahmad, has said that its neighbour, a clear reference to India, has “no credentials whatsoever” to stake a claim to a permanent seat…

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