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SECP allows foreign investors higher shareholding in PSX

KARACHI: The Securities and Exchange Commission of Pakistan (SECP), the apex regulator, has given the go-ahead for increasing the shareholding of foreign portfolio investors in the Pakistan Stock Exchange (PSX).Foreign individual and institutional investors may now buy, hold or trade PSX stocks up to maximum 20% of outstanding shares estimated at around 800 million.The maximum number […]

ECC allows cement barons to raise prices

ECC allows cement barons to raise prices

ISLAMABAD: The Economic Coordination Committee (ECC) has given a free reign to cement industry barons and allowed them to increase prices, which will provide them an additional income of billions of rupees.Officials told The Express Tribune that Adviser to the Prime Minister on Commerce Abdul Razak Dawood had supported the cement lobby’s stance that they should be […]

LHC allows Fawad Chaudhry to contest elections from Jhelum’s NA-67

LHC allows Fawad Chaudhry to contest elections from Jhelum’s NA-67

LAHORE;The Lahore High Court (LHC) on Thursday allowed Pakistan Tehreek-i-Insaf (PTI) leader Fawad Chaudhry to contest elections from Jhelum’s NA-67 constituency. Fawad had challenged the decision of appellate tribunal regarding rejection of his nomination papers in LHC. A two-member bench of the court ruled in favour of the PTI spokesperson while annulling the decision of […]

Tribunal allows Shahid Khaqan Abbasi, others to contest polls

Tribunal allows Shahid Khaqan Abbasi, others to contest polls

ISLAMABAD;Former Prime Minister and Pakistan Muslim League-Nawaz (PML-N) leader Shahid Khaqan Abbasi on Tuesday has been allowed to contest the upcoming general elections from NA-53 after appellate tribunal rejected objections against his candidature. During the proceedings, the election tribunal declared returning officer’s decision as null and void. Talking to media, Shahid Khaqan Abbasi said that […]

Pakistan allows Kulbhushan Jadhav to meet wife, mother on X-MAS DAY

Pakistan allows Kulbhushan Jadhav to meet wife, mother on X-MAS DAY

Asghar Ali Mubarak ISLAMABAD: The Pakistan expressed its readiness to arrange a meeting of detained Indian spy, Kulbhushan Jadhav, with his mother and wife. Pakistan says Indian attempts to convince the international community of its version of counter terrorism have failed miserably. To question raised by senior Pakistani journalist Asghar Ali Mubarak in weekly news […]