Punjab Privileges law challenged in LHC over granting judicial powers to lawmakers
Petition also contends to strike down granting members of provincial assembly entitlement to official passports…
Punjab Privileges law challenged in LHC over granting judicial powers to lawmakers
Petition also contends to strike down granting members of provincial assembly entitlement to official passports LAHORE: In a petition raising far-reaching constitutional questions over the separation of powers and the limits of provincial legislative authority, the Lahore High Court on Thursday was requested to strike down a provision of the Provincial Assembly of the Punjab…
SC seeks replies on Mahrang bail plea
ISLAMABAD: The Supreme Court on Wednesday issued notices to the prosecution and other respondents on the bail petitions filed by rights activists Dr Mahrang Baloch, Bebo Baloch and Bebarg Baloch, and adjourned the hearing indefinitely. A three-member bench headed by Justice Muhammad Ali Mazhar heard the petitions. During the hearing, Justice Mazhar asked whether separate…
Fuel supply chain under stress
OMCs set up infrastructure facilities like oil storages with capacity of 0.58 million tons for petrol and 0.88 million tons for high-speed diesel at various depots by the end of FY21. photo: file ISLAMABAD: Pakistan’s fuel supply chain is again showing signs of stress as policy delays, the closure of the Strait of Hormuz and…
SpaceX selloff an ominous sign as lockup expiry looms
Bullish analysts, investors say SpaceX warrants a high premium because of its profitable Starlink internet service The dip in SpaceX’s shares below its blockbuster IPO price of $135 a share is an ominous sign for Elon Musk’s internet and rocket company as it faces more potential volatility in early August, when the number of shares available for…
FO urges restraint as US-Iran tensions continue, says diplomacy remains only path to peace
Responding to child sexual abuse case, says case was entirely a matter for the British authorities Foreign Office spokesperson Tahir Hussain Andrabi speaking at the FO weekly press briefing. SCREENGRAB Pakistan on Thursday renewed its call for restraint amid continuing tensions involving the United States and Iran, warning that further escalation would undermine regional stability…
SME clusters key to driving exports
Malik urges stronger institutional support, easier financing to unlock growth potential LAHORE: Small and medium enterprises (SMEs) need stronger institutional support, easier access to finance and technology-driven business clusters if they are to play a bigger role in exports, industrial growth and job creation, former SAARC Chamber of Commerce and Industry President Iftikhar Ali Malik…
Argentina World Cup semi-final hero Martinez ‘dreamt’ of scoring winner
Argentina’s World Cup semi-final match-winner Lautaro Martinez said he had “dreamt” of scoring the goal which took his team through to the final at England’s expense on Wednesday. “I dreamt it. I told Alexis (Mac Allister) that I was going to score,” Martinez said after his heroics off the bench in Atlanta as the reigning…
PSX surges over 2,800 points in midday trading
KARACHI: The Pakistan Stock Exchange (PSX) witnessed strong buying interest on Thursday, with the benchmark KSE-100 Index climbing over 2,800 points in midday trade, reflecting renewed investor confidence following Wednesday’s recovery. As of midday, the KSE-100 Index stood at 178,124.14, up 2,838.36 points or 1.62 percent from the previous close of 175,285.78. The index touched…
NA panel approves PPP authority bill
ISLAMABAD: The National Assembly Standing Committee on Privatisation on Wednesday approved the Public-Private Partnership Authority (Amendment) Bill, 2026, while reviewing the progress of Pakistan International Airlines’ (PIA) privatisation and discussing tax incentives for the aviation sector. The meeting, chaired by Dr Farooq Sattar, resumed after a gap caused by the government’s austerity campaign. During the…
NTC decision in soda ash case draws criticism
ISLAMABAD: The National Tariff Commission’s (NTC) final determination in the soda ash dumping investigation has triggered criticism from the downstream industrial consumers and trade stakeholders, who describe the injury determination as legally flawed, economically unsustainable and contrary to the commission’s established practice. The respondents, including the Soap Manufacturers Association, chemical manufacturers, International Silicate and the…
