It is feared that the once vibrant Karachi Stock Exchange (KSE) is set to lose its title of most liquid equity market of the region if the current trend of thin volumes…
LAHORE – Austrian Ambassador Axel Wech has expressed hope that Pakistan is poised to receive GSS plus status in the next EU-Pakistan summit. The Generalised System of Preferences, or GSP, is a formal system of exemption from the broader rules of the World Trade Organisation (WTO). The ambassador was speaking at the Lahore Chamber of Commerce and Industry (LCCI). The body’s President Shahzad Ali Malik, Austrian Trade Commissioner Dr Wolfgang Penzais, Representative of Austrian Trade
LOS ANGELES – Royal bride-to-be Kate Middleton is set to overtake Britain’s Princess Diana as the most talked-about woman in the world’s media, according to a study released on Sunday by the Global Language Monitor.
With two weeks to go before she marries Prince William in London’s Westminster Abbey on April 29, Kate Middleton is already posting Diana-type numbers in terms of news worthiness and celebrity status on top global media sites as well as the Internet and social media,
KARACHI – MQM chief Altaf Hussain on Saturday appealed that the people of Punjab should support the cause of truth by participating in the April 10 public meeting to be held by the MQM.
In a video message, he said the people of Punjab should demonstrate through their unity that they want to break the status quo and bring to an end the decaying feudal system and rampant corruption.
Deploring the dynastic political culture prevalent in the country that empowers a few families
ISLAMABAD – With terrorism being the number one problem of Pakistan, a non-functional National Counter Terrorism Authority (NACTA) awaits its statutory status since December 2009 which can only come about if the government finalizes the NACTA bill, which is at the mercy of a recently formed dissenting three-member ministerial committee
The prime minister had announced the formation of the NACTA in December 2009 through executive order and Tariq Pervaiz, who had served as
ISLAMABAD – The Supreme Court on Monday directed the attorney general to submit by April 4 a written statement on behalf of the federal government on the constitutional status of a number of former judges of the superior courts who took oath under the Provisional Constitutional Order (PCO) in violation of a November 3, 2007 restraining order. A seven-member special bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Javed Iqbal, Justice Mian Shakirullah Jan, Justice Tassaduq
LAHORE – PILDAT’s mock discussion on the provincial status of South Punjab remained deadlocked between the Punjab chief minister’s task force and the proponents of a provincial status for the region.
In an exercise to resolve the conflict and devise negotiation strategies for members of the Punjab Assembly and office bearers of major political parties, a mock simulation exercise was conducted on Friday by a seasoned instructor Mohammed Feyyaz over the issue of whether or not
KARACHI – Saqib Mughal’s art exhibition titled ‘Break the Silos’ is a call for action to change the unchanged, break the status quo and embrace enlightenment, said a press release issued by the VM Art Gallery where the exhibition opens today (Thursday). In Mughal’s art, all of these themes get amalgamated with various symbolic forms – door hangers, closed books, mechanical brains, etc. These metaphors represent the state of the affairs of a common man at micro level, and of the whole
ISLAMABAD – Federal Law Minister Babar Awan Thursday said that the position of Unification Bloc in democratic system is analogous to that of Israel in the world because its creation is ‘immoral’ and ‘a violation’ of the Charter of Democracy. He said this while talking to journalists outside the Parliament House.
“The status of the Unification Group inside Punjab Assembly is similar to that of Israel in the world and its creation is negation of ethics and democracy,” Awan said
ISLAMABAD – The Supreme Court on Monday sought the government’s stance on the legal status of PCO judges after non validation of November 3, 2007 actions by parliament.
A seven-member special bench of Chief Justice Iftikhar Muhammad Chaudhry, Justice Javed Iqbal, Justice Mian Shakirullah Jan, Justice Tassaduq Hussain Jillani, Justice Mian Saqib Nisar, Justice Sarmad Jalal Osmany and Justice Amir Hani Muslim was hearing intra-court appeals of dysfunctional and retired judges of
ISLAMABAD – With the Jamiat Ulama-e-Islam (JUI-F) in search of its status in the Parliament – either to join the treasury or the opposition – Speaker National Assembly (NA) Dr Fehmida Mirza finds herself in a difficult position about announcing the Joint Parliamentary Committee (JPC) for the constitution of an independent Election Commission of Pakistan (ECP).
The proposed committee, under Article 213 of the Constitution after the passage of 18th Amendment, shall comprise equal
LAHORE – Punjab Assembly opposition leader Chaudhary Zaheer-ud-Din said his party will challenge the decision regarding the granting of separate status to the members of the forward bloc in the court.
Addressing a press conference at the Punjab Assembly’s cafeteria on Thursday, he said consultation among his party members was in progress and soon his party will challenge Punjab Assembly speaker’s decision, terming it as ‘crossing the limits’. Condemning PML-N leadership, he said
LAHORE – Following the two-year long struggle, the unification bloc in the Punjab Assembly has finally been granted an independent status when the speaker allocated the bloc separate seats in the House on Tuesday. A Punjab Assembly source told Pakistan Today that Speaker Rana Muhammad Iqbal used his powers under the rule 2 of Chapter 1 of the Rules of Procedure of the Assembly and allocated separate seats to the PML-Q dissidents who proved their majority in the Punjab Assembly against
ISLAMABAD – The FIA will move the Lahore High Court today (Tuesday) to get Moonis Elahi declared a proclaimed offender (PO) for his alleged involvement in the multi-billion rupee NICL scam. The FIA issued the arrest warrants for Moonis on January 29 after he failed to appear before the investigation team.
The deadline in this regard ends today, a senior FIA official said. He said the agency had also sent a request to Interpol and law enforcement authorities in the United Kingdom
ISLAMABAD – Cabinet’s Sub-Committee on Friday asked the Defence, Education, Industries and Housing ministries to give the implementation status of the Presidential Act, 2010 that restored the sacked employees of the said ministries.
Labour and Manpower Minister Khursheed Ahmed Shah chaired the meeting on Friday, also attended by Industries and Production Minister Mir Hazar Khan Bijrani, to review the reinstatement cases of various ministries’ sacked employees.
LAHORE – Jurists say all officials working in the US embassy do not have a status of diplomatic immunity against any offence and Raymond Davis, accused of killing two men in Lahore, will face murder charges if he does not have the immunity. They said some officials of the lower cadre did not have diplomatic immunity, which was only exclusive to diplomats.
Ahmer Bilal Sufi, an expert on international laws, said the identity and status of Raymond Davis held the key to his future in
ISLAMABAD – Secretary Defence Lt General (retd) Syed Athar Ali Khan on Thursday failed to tell the status of DHA City Lahore to the Public Accounts Committee.
During PAC meeting, when Riaz Fitana asked the secretary defence to clear the position of DHA City Lahore, secretary defence said, “Either DHA City Lahore is the part of Defence Housing Authority or it is a private entity and if it has been launched by a private company then why is the name ‘DHA’ being used?”