In terms of business volume, the PSX concluded 2023 with a trade value of 2,472 billion Pakistani rupees, further indicating the substantial economic activity within the stock market. Additionally, the market’s capitalization witnessed an impressive growth, reaching 9,062 billion rupees by the end of the year.
Author: Usama Mudassar
PML-N Senator Ishaq Dar Clarifies Ticket Distribution Process for Upcoming Elections
The Senator further mentioned the unique scenario in Lahore, where PML-N’s candidates for National Assembly seats in NA-117, NA-120, NA-119, and NA-121 are yet to be decided. Notably, Maryam Nawaz has submitted nomination papers for NA-119 and NA-120, hinting at her potential candidacy in these constituencies. The final decision for these crucial seats is awaited.
Pakistan Confirms Receipt of Indian Request Regarding Hafiz Saeed’s Extradition
The statement also highlights the multifaceted nature of India’s request, framed within the context of money laundering charges, suggesting a broader legal framework at play. It indicates the willingness of both countries to utilize legal channels to address concerns related to individuals involved in alleged criminal activities.
MQM Leader Mustafa Kamal Highlights Seat Adjustment Talks with PML-N, Clarifies Ambiguities
Addressing the situation in NA-242, Mustafa Kamal indicated that it is premature to comment on seat adjustments, emphasizing that clarity on the matter will emerge at an appropriate time. He assured that there is no deadlock, and discussions with the PML-N are continuing positively.
Maryam Nawaz Criticizes Peshawar High Court’s Verdict on PTI’s Electoral Symbol Dispute
In her statement, Maryam Nawaz argued that the single bench verdict of the Peshawar High Court constitutes an encroachment upon the constitutional authority of the Election Commission. She characterized the decision as endorsing fake and fraudulent intra-party elections, transforming the outcome into not an election but a selection.
Election Commission Delays Decision on PTI’s Electoral Symbol Dispute Amidst Legal Battles
The ongoing legal battle stems from the Peshawar High Court’s recent decision to declare intra-party elections of PTI null and void, consequently revoking the party’s election symbol. The Election Commission had deferred its response to the court’s decision, and the matter was scheduled for discussion in subsequent sessions.
Pakistan Records Surge in Foreign Exchange Reserves, State Bank Reports
Moreover, the State Bank’s meticulous monitoring and management of foreign exchange reserves play a pivotal role in maintaining a balanced and sustainable economic outlook. The increase in reserves is expected to bolster investor confidence and attract foreign investment, fostering economic growth and development.
UAE’s Al Nahyan Family Overtakes Walton Family as the World’s Wealthiest Dynasty
The Al Nahyan family’s economic dominance signifies a shift in global wealth dynamics, emphasizing the growing influence of the United Arab Emirates in the international economic arena.
Economic Analysts Predict PML-N-Led Alliance Victory in 2024 Elections Despite Economic Challenges
The Pakistani government’s effective response to illegal activities, akin to tax evasion, through a crackdown has contributed to a substantial upswing in the currency. The report emphasizes that the government’s actions against illegal practices have been instrumental in achieving a notable improvement in the currency, particularly in September and October.