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ECP to rule today if Maryam can hold PML-N office or not

ISLAMABAD: The Election Commission of Pakistan (ECP) on Monday reserved its verdict on whether Maryam Nawaz is qualified to hold office of vice president of the Pakistan Muslim League-Nawaz or otherwise and said it will announce the ruling on Tuesday (today). It was for the second time the ECP reserved …

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State Bank holds policy rate steady at 13.25pc

KARACHI: The State Bank of Pakistan (SBP), in its monetary policy announced on Monday, kept the policy rate unchanged at 13.25 per cent, pointing to stable inflation. However, the central bank also warned that “fiscal slippage or other adverse developments” could cause inflation to start rising again. The central bank’s …

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AI chief vows to defy India’s attempt to silence criticism

WASHINGTON: Am­­nes­­ty International’s chief vowed on Monday that the rights group would not be silenced on raising concerns about Kashmir despite what he called intimidation by Indian Prime Minister Narendra Modi’s government. India’s financial crime in­­v­estigators recently accused Amnesty’s local branch of violating foreign exchange regulations through taking money from …

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Imran scotches talk of ‘deal’ with ex-rulers

ISLAMABAD: Amid media reports about a possible ‘deal’ between the government and the opposition, Prime Minister Imran Khan has again declared he will never compromise on graft cases against the former rulers to strike any deal with them. In a meeting with Pakistan Tehreek-i-Insaf (PTI) leader Babar Awan at Prime …

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Islamabad municipal corporation mayor files petition against CDA

Metropolitan Corporation Islamabad’s (MCI) Mayor Sheikh Anser on Monday submitted an appeal in the Supreme Court against the Capital Development Authority (CDA), saying that the latter had not handed over powers that the MCI was entitled to under the Islamabad Local Government Act, 2015. The petition, filed by Advocate Ahmed …

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Shahid Khaqan Abbasi ‘conditionally’ released on parole

An accountability court in Islamabad released former prime minister Shahid Khaqan Abbasi on parole on Monday so he can attend his uncle’s funeral prayers in the federal capital. The court allowed Khaqan’s release on the condition that the district administration of Islamabad and Rawalpindi provide him foolproof security. Accountability judge …

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State Bank holds benchmark interest rate at 13.25%

The State Bank of Pakistan (SBP) held its main policy rate at 13.25 per cent on Monday, taking a pause from a series of recent hikes that it said had been enough to ensure the country’s high inflation would gradually reduce over the coming years. The central bank’s Monetary Policy …

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