Pakistan
Mustafa Kamal demands to get rid of interest
Pakistan export’s income is $8 billion so it depends on interest.
Karachi: Muttahida Qaumi Movement’s (MQM) leader and member national assembly Mustafa Kamal has demanded to get rid of interest.
According to the details, Mustafa Kamal was giving a speech in national assembly regarding the removal of interest.
He stated that it is clearly written in the constitution of 1973 that as soon as possible the country should be get rid from interest. The 51 years have passed regarding this thing but the country could not implement on that.
It should be noted that finance minister Muhammad Aurangzeb had said that the domestic economy is looking forward to get rid of interest. Pakistan export’s income is $8 billion so it depends on interest.
Pakistan
SC to hear appeals against annulment of civilians’ trials in military courts
At the last hearing, the Supreme Court asked the Attorney General for the details of the accused who were sentenced to three years by military courts.
Islamabad: The Supreme Court Wednesday will hear the appeals against the annulment of trials of civilians in military courts.
According to the details, a six-member bench headed by Justice Aminuddin will hear the appeals against the annulment of trials of civilians in military courts today at 11:30am. Justice Muhammad Ali Mazhar, Justice Hassan Azhar Rizvi, Justice Shahid Waheed, Justice Musarat Hilali and Justice Irfan Saadat Khan are also part of the bench.
At the last hearing, the Supreme Court asked the Attorney General for the details of the accused who were sentenced to three years by military courts.
The court had ordered the release of 20 accused who were sentenced to one year before Eid. The Attorney General had submitted the details of the accused who were released on Eid-ul-Fitr in the Supreme Court.
Business
PSX sees highest surge, soaring above 71000 points
The stock market increased by 686 points after which the 100 index is trading at the level of 72,046 points.
Karachi: After the formation of the new government, the confidence of the business class has increased, the stock market 100 index also crossed the psychological limit of 72,000 while making another history.
On the third day of the business week, the stock market started in the positive zone. The stock market increased by 686 points after which the 100 index is trading at the level of 72,046 points.
On the other hand, the value of the dollar continues to increase. Even today at the beginning of the business day, the price of the dollar increased by Rs0.12 in the interbank, after which the dollar is selling at the rate of Rs278.50 in the interbank.
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