KARACHI: The Pakistan Stock Exchange (PSX) witnessed a remarkable surge as the benchmark KSE-100 Index exceeded the 53,000 mark during intra-day trading, surpassing the previous record set in May 2017. At around 10:45 a.m., the index reached an all-time high of 53,140.65, gaining 483.89 points or 0.92%. This surge follows four consecutive sessions of the KSE-100 Index closing higher, ending at 52,656.76 on Thursday, up 314.12 points or 0.60%. The positive momentum is attributed to various factors, including the favorable outcomes of the first review of the International Monetary Fund’s (IMF) $3 billion Stand-by-Arrangement (SBA). The IMF’s recognition of government…
Author: Sajjad Ali
Sajjad Ali
Sajjad Ali is ‘Online Web Editor of Khyber News. He is a journalist by profession and working in field for the last ten years. Previously he worked for national media organizations including ‘The Nation’ Daily Pakistan Today, Khyber News. He also worked in media development sector. He can be reached at sajjad.sovereign@gmail.com
RAWALPINDI: The dengue outbreak in Punjab is escalating, with an additional 169 cases reported in the province. The total number of individuals affected by dengue in Punjab has now reached 9,862. In the last 24 hours, Lahore recorded 90 new cases, while Gujranwala reported 26 cases, highlighting the swift spread of the disease. Other cities in Punjab also witnessed a surge in dengue cases, with Multan reporting 17 cases, Rawalpindi with 16 cases, and Faisalabad registering 9 new cases. The Punjab Health Department is actively treating 148 dengue patients in various hospitals across the province, demonstrating intensified efforts to combat…
ISLAMABAD: In a decisive move, the Supreme Court of Pakistan (SCP) concluded all petitions related to holding elections within 90 days and officially announced February 8 as the date for the general elections. Following the presentation of President Arif Alvi’s consent letter by the Attorney General and PTI lawyer, confirming consensus between the ECP and the Presidency on the February 8 date, the apex court issued a definitive order in the case. Additionally, the ECP submitted a notification affirming the scheduled general elections on February 8, exercising its powers under Article 57(1) of the Elections Act. Chief Justice Qazi Faiz…
D.I. KHAN: At least six people were killed and 22 others injured an explosion near a police vehicle in Dera Ismail Khan district on Friday. The blast, near Tank Adda in D.I. Khan city, targeted a police van and was followed by gunfire. Initial reports suggest the explosive device was planted on a motorbike. The injured were taken to the district headquarters hospital. Law enforcement agencies cordoned off the area to pursue attackers. Gunfire erupted after the explosion.
ISLAMABAD: The Election Commission of Pakistan (ECP) has submitted a crucial record of the conversation between President Arif Alvi and ECP chief election commissioner Sultan Sikandar Raja to the Supreme Court. This development unfolded during a hearing related to the timing of the upcoming general elections, which has been adjourned for further deliberation. At the onset of today’s proceedings, Attorney General Mansoor Awan assured the Supreme Court that the minutes of the meeting between the President and ECP would be promptly presented. Chief Justice Qazi Faez Isa, in response, inquired about the time needed to produce the document, to which…
ISLAMABAD: A week after the Islamabad High Court denied bail to the arrested former prime minister Imran Khan in the cipher case, PTI Chairman has approached the Supreme Court on Friday seeking bail. Salman Safdar filed the application, claiming that the cipher case is just another example of the ‘politically motivated cases’ targeting the Pakistan Tehreek-e-Insaf chairman. In the bail application, the Supreme Court is urged to examine whether the Federal Investigation Agency’s motives in the cipher case reveal malintent. The petition cites the foreign funding case as evidence of FIA’s questionable intent. It’s worth noting that both the trial…
ISLAMABAD: Three Islamabad police officials have been suspended for failing to return possessions to Afghan refugees departing the country. The police statement revealed that Inspector General Nasir Akbar Khan acted upon complaints of refugees not receiving their belongings. Consequently, the SHO, admin officer, and ASI of Shalimar police station were suspended by the SSP operations. The Islamabad Capital City Police Officer has initiated a departmental inquiry against these officials. Following the November 1 deadline for voluntary return, authorities have started arresting refugees and relocating them to holding camps. The refugees remain in these camps until deportation arrangements can be made.…
PM Kakar Enlists Shahid Afridi’s Support to Revamp PCB In the midst of the cricket board turmoil during Pakistan’s active participation in the World Cup, former captain of the Pakistan cricket team, Shahid Khan Afridi, met with Caretaker Prime Minister Anwaarul Haq Kakar on Thursday. Simultaneously, Zaka Ashraf, Chairman of the PCB Management Committee, faced serious accusations from within the board. Prime Minister Kakar asked Shahid Afridi to play a role in enhancing cricket in the country. The premier also reached out to PCB Management Committee Chairman Zaka Ashraf, instructing him to engage in consultations with senior players to uplift…
The Supreme Court’s three-member bench, led by Chief Justice Qazi Faez Isa and including Justice Aminuddin Khan and Justice Athar Minallah, will resume hearing of petitions calling for elections within 90 days. The bench is anticipated to schedule general elections once the Election Commission submits its response. During Thursday’s hearing, the Election Commission expressed its preference for a February 11 polling date. Despite the ECP counsel’s assertion that consulting the president was not obligatory, the bench instructed that a consensus on the date should be reached by Friday’s hearing. Chief Justice Isa emphasized that once the election date is set,…
In a significant development, the Supreme Court of Pakistan has directed the Election Commission of Pakistan (ECP) to hold consultation with President of Pakistan Dr Arif Alvi on final date for the upcoming general elections in the country. Chief Justice Qazi Faez Isa remarked that the announced date would be binding on all stakeholders involved in the electoral process. The court adjourned the case until tomorrow. During the today’s proceedings, the ECP informed the Supreme Court that the general elections are scheduled to take place on February 11, 2024. This assurance came in response to a case addressing concerns about…
