News stories for Terence J Sigamony

Terence J Sigamony

Pakistan

Mismanagement in dealing with COVID-19: SC moved against fed, provincial governments

The Supreme Court was approached for orders to the federal and provincial governments to take immediate action for effectively dealing with the coronavirus outbreak, as the governments have clearly failed even at such an early stage of the pandemic.

Published 22 Mar, 2020 12:00am

Pakistan

Ramzan Sugar Mills case: NAB challenges LHC's order of granting post-arrest bail to Hamza Shehbaz

The National Accountability Bureau (NAB) on Friday challenged the Lahore High Court (LHC) order granting post-arrest bail to the Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shehbaz in Ramzan Sugar Mills case.

Published 21 Mar, 2020 12:00am

Pakistan

SC asks CDA chief to remove encroachments from Capital

The Supreme Court on Thursday ordered the Capital Development Authority (CDA) to remove the gate at D-Chowk to make view of the Parliament building clear from distance.

Published 20 Mar, 2020 12:00am

Pakistan

Khursheed Shah case: IHC suspends NAB notification for constituting JIT

The Islamabad High Court (IHC) on Thursday suspended a notification of the National Accountability Bureau (NAB) to constitute a joint investigation team (JIT) to carry out investigations against the Pakistan People's Party (PPP) leader, Syed Khurshid Shah

Published 20 Mar, 2020 12:00am

Courts will remain open at all levels

National Judicial (Policy Making) Committee, (NJPMC) decided that courts will remain open at all levels by reducing the judicial work load, so that the people working in the courts or visiting shall not be exposed to any risk of getting affected by virus.

Updated 20 Mar, 2020 10:52am

Pakistan

Justice Seth irked by elevation of 'junior' judges to SC

Chief Justice of Peshawar High Court (PHC) Justice Waqar Ahmed Seth has written a letter to the Judicial Commission of Pakistan (JCP) for being "ignored and superseded thrice", in elevation to the Supreme Court.

Published 20 Mar, 2020 12:00am

Pakistan

IHC issues notices to Pemra, SAPM

The Islamabad High Court (IHC) on Wednesday issued notices to the Pakistan Electronic Media Regulatory Authority (PEMRA) and the Special Assistant to the PM on Information and Broadcasting, in a case related to "the closure and relegation of Geo News to l

Published 19 Mar, 2020 12:00am

SC allows Air Marshal Arshad to continue as PIA CEO

The Supreme Court on Wednesday allowed Air Marshal Arshad Mehmood Malik to continue as chief executive officer (CEO) of the Pakistan International Airlines Corporation Limited (PIACL). The court expressed its expectation that the air marshal shall do well

Published 19 Mar, 2020 12:00am

Allotment of houses to judges: IHC reprimands NAB for producing list

The Islamabad High Court (IHC) on Wednesday reprimanded the National Accountability Bureau (NAB) for producing a list of allotment of houses to the judges terming it "confidential", and directed the bureau to explain why proceedings may not be initiated a

Published 19 Mar, 2020 12:00am

Pakistan

IHC turns down plea seeking disqualification of MNA Ali Wazir

The Islamabad High Court (IHC) on Tuesday turned down a petition seeking disqualification of Member National Assembly (MNA) Ali Wazir. A single bench of IHC Chief Justice Athar Minallah heard the petition and dismissed the same after preliminary hearing b

Published 18 Mar, 2020 12:00am

Pakistan

'WMS' installed to curtail grey trafficking, SC told

The Supreme Court was informed Tuesday that Web Monitoring System (WMS) had been installed in March 2020 to curtail grey telecommunication traffic. A three-judge bench, headed by Justice Umar Ata Bandial, heard a suo motu notice of operation/running of il

Published 18 Mar, 2020 12:00am

Pakistan

SC tells AGs to furnish details of collections at shrines

The Supreme Court Tuesday issued notices to the Advocate Generals of all the four provinces and Islamabad, to inform how much was collected as "nazrana (offerings)" at various shrines, and where it was being spent. A three-judge bench, headed by Chief Jus

Published 18 Mar, 2020 12:00am

SC declares forced retirement of 13 KP judges 'null and void'

The Supreme Court on Monday declared the forced retirement of 13 judges of the lower courts of the Khyber-Pakhtunkhwa "null and void". A three-judge bench, headed by Chief Justice Gulzar Ahmed, heard 13 judges of the KP subordinate courts.

Published 17 Mar, 2020 12:00am

Pakistan

Coronavirus challenge: NJPMC meeting to devise strategy for courts on Thursday

Chief Justice Gulzar Ahmed Monday called an emergency meeting of the National Judicial Policy Making Committee (NJPMC) on Thursday to devise effective strategy for courts.

Published 17 Mar, 2020 12:00am

Pre-arrest bail remedy cannot be invoked in all criminal cases: SC

The Supreme Court has held that the grant of bail to an accused required in a cognizable and non-bailable offence prior to arrest is an extraordinary judicial intervention in an ongoing or imminent investigative process.

Published 15 Mar, 2020 12:00am

Pakistan

Students stranded in China: IHC asks government to inform about its repatriation policy

The Islamabad High Court (IHC) Friday directed the federal government to inform the court on policy regarding Pakistani students stranded in China by March 20. A single bench of IHC comprising Chief Justice of IHC Justice Athar Minallah issued these direc

Published 14 Mar, 2020 12:00am

SC issues notice to AGP regarding interpretation of Article 165-A

The Supreme Court issued notice to the Attorney General for Pakistan regarding interpretation of Article 165-A of the Constitution and Section 122(2) of Income Tax Ordinance (ITO) 2001 that whether entities established under the provision of statutes woul

Published 14 Mar, 2020 12:00am

Pakistan

PECA 2016: IHC issues notice to PTA over failure to notify rules

The Islamabad High Court (IHC) Thursday issued a notice to Pakistan Telecommunication Authority (PTA) over its failure to notify rules under sub-section (2) of Section 37 of the Prevention of Electronic Crimes Act (PECA) 2016.

Published 13 Mar, 2020 12:00am

Pakistan

Transfer of immovable properties: SC says cantonment boards cannot charge value of tax

The Supreme Court has held that the cantonment boards cannot charge a value of tax on transfer of immoveable property, which is divergent from what is determined by both the federal and the provincial agencies.

Published 13 Mar, 2020 12:00am

Workers' payments case: Appoint new people to run PSM, remarks CJP

The Supreme Court on Thursday sought the federal government's response regarding non-operation of the Pakistan Steel Mills (PSM). A three-judge bench headed by Chief Justice of Pakistan Justice Gulzar Ahmed heard the appeal against the Sindh High Court (S

Published 13 Mar, 2020 12:00am

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jun 10 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 10 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 10 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 10 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 10 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 10 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 10 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 10 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 10 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 10 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 10 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 10 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 10 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 10 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 10 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 10 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 10 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 10 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 10 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

Stock	Volume
Unity Foods Ltd / Jun 10 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.24
TPL Properties / Jun 10 TPL Properties Limited(TPLP)	19,470,263 ▲ 0.38
WorldCall Telecom / Jun 10 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.01
Faysal Bank / Jun 10 Faysal Bank Limited(FABL)	10,414,954 ▲ 1.25
Hascol Petrol / Jun 10 Hascol Petroleum Limited(HASCOL)	9,814,500 ▲ 0.23
Pak Refinery / Jun 10 Pakistan Refinery Limited(PRL)	9,600,621 ▼ -0.04
P.I.A.C.(A) / Jun 10 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.02
Pak Int.Bulk / Jun 10 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.12
Fauji Foods Ltd / Jun 10 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.01
Telecard Limited / Jun 10 Telecard Limited(TELE)	5,453,799 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 9	286.95
USD PKR Interbank Buying / Jun 9	286.80
USD to Japanese Yen / Jun 9	139.36
USD to Swiss Franc / Jun 9	0.90
Pound Sterling to USD / Jun 9	1.25
Euro to USD / Jun 9	1.08
UK LIBOR % / Jun 8	5.07

Stock	Volume
S&P 500 / Jun 8	4293.93
Nasdaq / Jun 8	13238.52
Dow Jones / Jun 8	33833.61
India Sensex / Jun 9	62625.63
Tokyo Nikkei / Jun 9	32198.70
Hang Seng / Jun 9	19359.13
FTSE 100 / Jun 9	7602.26
Germany DAX 30 / Jun 9	15981.08
France CAC40 / Jun 9	7223.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 8	20235
Gold 10 Grams PKR / Jun 8	194616
Crude Oil USD/Barrel / Jun 9	70.85
Gold Spot USD/Ounce / Jun 9	1963.16
Cotton US¢/pound / Jun 9	81.53

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