KP Assembly Repasses PFM Law Amendments, Sparks Controversy Over CGA Powers
A major political and constitutional debate has emerged in Khyber Pakhtunkhwa after the provincial assembly…
A major political and constitutional debate has emerged in Khyber Pakhtunkhwa after the provincial assembly re-passed amendments to the Public Financial Management (PFM) law, despite objections raised by Faisal Karim Kundi. The revised law significantly reduces the role of the Controller General of Accounts (CGA), removing its authority over accounting, financial oversight, and expenditure authorisation…
The first Hajj flight from Islamabad International Airport is scheduled to depart on April 19, 2026, marking the official start of the pilgrimage journey for thousands of pilgrims from the federal capital. According to the Ministry of Religious Affairs, a special ceremony will be held at the airport to formally see off the first group…
Leaders of Tehreek Tahaffuz Aain-e-Pakistan (TTAP) have strongly criticised the government’s economic policies, raising concerns over rising inflation, fuel pricing and worsening electricity outages across the country. Speaking at a press conference, Salman Akram Raja said Pakistan was facing extremely challenging economic conditions, with ordinary citizens—especially low-income groups—struggling to meet daily expenses. He questioned the…
The Supreme Court of Pakistan has raised serious concerns over the increasing trend of lawyers requesting adjournments without valid reasons, warning that such practices may lead to strict consequences, including compensatory costs. In a detailed judgment authored by Yahya Afridi, the court emphasized that adjournments should only be granted when supported by sufficient legal grounds….
The Securities and Exchange Commission of Pakistan (SECP) registered 2,993 new companies in March 2026, marking an impressive 11% increase compared to the same period last year. This steady rise highlights growing business confidence and economic activity across Pakistan. A significant milestone in this growth is the shift towards digital transformation, with 99.9% of company…
The State Bank of Pakistan (SBP) has adjusted treasury bill (T-bill) yields in its latest auction, cutting rates for short-term maturities while increasing the yield on 12-month papers. According to official data, the central bank reduced yields across one-, three-, and six-month tenors, reflecting a shift in short-term monetary expectations. However, the 12-month rate moved…
Pakistan has achieved a major milestone in its energy sector as Oil and Gas Development Company Limited (OGDCL) officially launched commercial production from the Baragzai X-01 (Slant) well located in Kohat. The company described the project as Pakistan’s largest-ever oil and gas discovery from a single well, marking a significant breakthrough in domestic energy production….
The Counter Terrorism Department (CTD) carried out a successful intelligence-based operation near the Regi Northern Bypass in Peshawar, resulting in the killing of two wanted terrorists, police officials confirmed. According to authorities, the operation was launched after CTD received credible intelligence regarding the presence of suspected militants in the area. Acting swiftly, security personnel set…
The Lahore High Court (LHC) has been informed by the Punjab Specialised Healthcare and Medical Education Department that teaching hospitals across the province currently have 1,785 ventilators, with plans to procure an additional 500 ICU ventilators in the upcoming financial year 2025–26. The details were shared in a progress report submitted to the court during…
The Lahore High Court (LHC) has directed the National Accountability Bureau (NAB) to clearly state the status of its petition filed before the Federal Constitutional Court (FCC) in connection with the Chaudhry Sugar Mills Case involving Punjab Chief Minister Maryam Nawaz Sharif. The directive was issued by a full bench headed by Chief Justice Aalia…