Supreme Court Hearing on the 2023 Practice and Procedure Act: A Clash of Legal Interpretations

The exchange revolved around the interpretation of Article 191, a contentious point within the Act. Siddiqui argued that his client, the MQM, was not aligned with any party mentioned in the case and had appeared in response to the court’s notice. The core issue under discussion was whether the Supreme Court could alter the legislation outlined in the Practice and Procedure Act, potentially impacting the court’s autonomy.

Khawaja brothers declared innocent in Paragon Housing Society reference

The case revolved around allegations of corruption in the Paragon Housing Society. However, the NAB report concluded that there were no substantial grounds to support these claims against the Khawaja brothers. The absence of evidence led to the exoneration of the accused, and NAB stated that there was no need for further proceedings regarding this matter.

Significant Surge in Gold Prices Shakes the Market

This sudden rise in gold prices has significant implications for both investors and consumers. As per the Association’s data, the price of 10 grams of gold has climbed to 175,754 rupees, reflecting an increase of 4,715 rupees. This surge poses challenges for consumers who had been hoping for stability in gold prices, impacting various sectors of the economy.

Nawaz Sharif Embarks on His Return Journey to Pakistan

The former Prime Minister, Nawaz Sharif, arrived at London’s Heathrow Airport for his flight to Saudi Arabia. Upon his arrival at Avion Field, Nawaz Sharif was bid farewell by enthusiastic PML-N workers. His trip to Saudi Arabia is aimed at fulfilling religious obligations, and he will be performing Umrah during his stay.

Pakistan Stock Exchange Witnesses Positive Momentum, Index Closes at 47,721 Points

The market’s positive performance translated into significant gains for investors, with trades involving 23 crore 36 lakh shares. Consequently, the market capitalization of PSX rose by 12 billion rupees, reaching an impressive total of 7 trillion 36 billion rupees. This uptick in market capitalization signifies the increasing overall value of the listed companies on the stock exchange.