Rupee Recovers Against US Dollar, Major Currencies
The Pakistani rupee recovered against the US Dollar during intraday trade today after opening trade at 285 in the interbank market.At 12 PM, it was bullish, rising as high as 285 after gaining ~Rs. 2.5 against the greenback.Later, it dropped to the 28…
SECP Standardizes Structure for Issuance of Sukuk
The Shariah Advisory Committee (SAC) of the Securities and Exchange Commission of Pakistan (SECP) has approved standardization of the Shariah Structure based on Musharakah (Shirkat ul Aqd) for the issuance of Sukuk, along with draft agreements for Suk…
Fawad Alam Denies Reports of Retiring From Pakistan Cricket
Veteran Pakistani cricketer, Fawad Alam, has refuted retirement rumors, reaffirming his commitment to international cricket with the national team.Speaking in an interview, the left-handed batter dismissed speculation about leaving the Pakistan nation…
SC stops authorities from arresting PTI chief in lawyer murder case
ISLAMABAD:The Supreme Court (SC) on Wednesday barred authorities from arresting Pakistan Tehreek-e-Insaf (PTI) chairman till August 24 in a case pertaining to the murder of lawyer Abdul Razzaq Shar in Quetta. A three-member bench led by Justice Yahya A…
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LHC serves notice to federal govt over amended Official Secrets Act
LAHORE:The Lahore High Court on Wednesday served notice to the federal government over a petition challenging amended Official Secrets Act. The high court rejected plea to issue restraining order against the amended legislation. Federal government, the…
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Pakistan offers KSA to invest in multipurpose Diamer Bhasha dam: PM
ISLAMABAD:Prime Minister Shehbaz Sharif has said that Pakistan has offered brotherly country, the Kingdom of Saudi Arabia (KSA), to invest in multipurpose Diamer Bhasha dam. In a tweet on Wednesday, he said the coalition government has focused its atte…
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New premier will be landing in a day or two, tells Sheikh Rashid
RAWALPINDI:Awami Muslim League (AML) chief Sheikh Rashid said on Wednesday that the name of the caretaker Prime Minister is still hanging in the air, as the new premier would be landing in a day or two.Taking to Twitter, he said today (Wednesday) is th…
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Interior Minister inaugurates new FIA’s BMS in Islamabad
ISLAMABAD:Interior Minister Rana Sanaullah on Wednesday inaugurated the new integrated Border Management System (BMS) of Federal Investigation Agency (FIA) in Islamabad, to enhance capacity building of the agency. It was informed on the occasion that t…
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