All eyes on SC as CM Punjab election case hearing resumes
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A general view of the Supreme Court of Pakistan building in the evening hours, in Islamabad, Pakistan April 7, 2022. — Reuters
ISLAMABAD: The Supreme Court of Pakistan Tuesday resumed hearing the case of the Punjab chief minister's election — where Hamza Shahbaz defeated Pervez Elahi — for the third day.
Elahi, who had been defeated on July 22 after 10 PML-Q votes were rejected by Deputy Speaker Punjab Assembly Dost Mazari, had challenged the ruling in the SC.
The SC formed a three-member bench to hear the case, but the coalition government objected to it and demanded a full court take up the matter.
However, after hearing arguments from all sides for nearly eight hours on Monday, the SC decided not to form a full court bench, saying that the same bench would hear the case.
The rupee, which has been on an upward trend for more than a week now, continued strengthening against the dollar in the interbank market on Friday. By 10:05am, the local currency had gained Rs2.15 against the dollar to reach Rs224, up 0.95 per cent from yesterday’s close of Rs226.15. The rupee had been on a consistent decline from July 15 and fallen to a record low of 239.94 on July 28. But since July 29, it has reversed gears and its value had risen by Rs14.15 till yesterday (Aug 4). The biggest hike was seen on Wednesday (Aug 3), when the rupee appreciated by a record single-day gain of Rs9.59 or 4.19pc. This major gain by the rupee has brought exchange rate stability as currency dealers feel that the fluctuations would not be as volatile as were witnessed in July when the greenback gained over 13pc in a single month against the local currency. More to follow. Source link
https://www.news.qm.com.pk/pkr-gains-rs2-15-against-dollar-in-interbank-market-business/?feed...
Flash flood sweeps away seven people in Chitral. Photo: Twitter CHITRAL: At least five people were dead and two others were still missing after flash floods triggered by heavy monsoon rains wreaked havoc in Chitral, it emerged on Saturday. As per the details, seven people, including a woman, were swept away by the flash flood in different areas of Chitral on Friday. After being informed, the rescue officials launched a rescue operation and recovered five bodies, said the rescue sources. The search operation is underway to recover the other two, they added. PMD forecasts more rains In its daily weather report, the Pakistan Meteorological Department (PMD) on Saturday said that monsoon currents are still penetrating in most parts of the country. A westerly wave is also affecting western and upper parts of the country, it added. The Met Office said that rain coupled with thundershower is expected in Balochistan, Punjab, Khyber Pakhtunkhwa, Sindh, Kashmir and Gilgit-...
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