Headlines: UK warns citizens travelling to Pakistan     -     West may need $17bn for Ukraine rescue, IMF says     -     SBP asks FX dealers to keep customers in loop
ISLAMABAD: Chief Justice Nasirul Mulk on Tuesday rubbished reports of any association with Imran Khan and said that he met the PTI chief just once as the acting Chief Election Commissioner.
A five member bench of the apex court headed by Chief Justice Nasirul Mulk hearing a plea to stop any extra-constitutional step in the country.
Justice Nasirul Mulk while refuting the allegation of the PTI's estranged leader Javed Hashmi about his association with Imran Khan said that he had only once met with the PTI chief as the acting Chief Election Commissioner. He had talked about introduction of bio-metric system in elections.
The Chief Justice clarified that he didn't met with the PTI leader before or after this meeting and rubbished any association with him.
Justice Jawwad S Khawaja added that individuals do not matter as the whole bench decides the case in the apex court.
Justice Anwar Zaheer Jamali commented that it has become a feature of our society to level baseless allegations against institutions to malign them, without any concern of consequences.
He also expressed concern over the attack on PTV headquarters and other state buildings yesterday. "We have shown restraint in this matter," he added.
During the hearing, the PTI counsel Hamid Khan requested the bench to exercise its suo moto power to end the ongoing political impasse.
Justice Mian Saqib Nisar made it clear that whenever there will be an issue of political justice, the court will intervene, adding that that it is the apex court that should decide the scope of fundamental rights.
The court after brief hearing issued notices to political parties who expressed willingness to become party in the case of any possible extra-constitutional steps.
While issuing notices to 15 political parties named in the petition, the bench asked the petitioner to add names of other parties that are also part of the National Assembly.
The petition had sought court's intervention stating that there is a lack of trust among political parties while there is an immediate need to handle the critical situation, adding that the situation has reached a point where the court should step in to protect the constitution.
Pakistan Awami Tehreek (PAT) counsel Ali Zafar, however, opposed this suggestion and said that the demands being made are political in nature and does not require interference of the apex court in the matter. Upon which the Chief Justice replied that it is not only a political dispute but also a constitutional matter.
The Supreme Court had asked the PTI and PAT counsels yesterday to inform the bench what role they want the apex court to play in the ongoing crisis.
The hearing is adjourned till today (Wednesday). -Online

Latest News

Latest Video

MPs back Prime Minister amid anti-govt protests
Protestors are not revolutionaries they are intruders, terrorists, says Nisar
We are with democracy, not PM Sharif, govt will not fall, assures Aitzaz
...

Top Stories

More News

TRT Urdu

Economic Indicators

 Economic Indicators
IndicatorsValues
Forex Reserves (22-Aug-14)$13.581bn
Inflation CPI% (Jul 14 - Aug 14)7.44%
Exports (Jul 14)$1.93bn
Imports (Jul 14)$3.36bn
Trade Balance (Jul 14)$(1.43)bn
Current A/C (Jul 13 - Jun 14)$(2971)mn
Remittances (Jul 14)$1.65bn
Foreign Investment (Jul 14)$94mn
Revenue (Jul 14)Rs 138bn
Foreign Debt (Jun-14)$65.53bn
Domestic Debt (Jun 14)Rs 11,167bn
Repatriated Profit (Jul 13 - Jun 14)$1215mn
LSM Growth (Jun 14)0.25%
GDP Growth FY14E4.10%
Per Capita Income FY14$1,386
Population186.7mn
 Money Market Update
T-Bills (3 Mths)9.9564% 20-Aug-2014
T-Bills (6 Mths)9.9685% 20-Aug-2014
T-Bills (12 Mths)9.99% 20-Aug-2014
Discount Rate10% 19-Jul-2014
Kibor (1 Mth)10.24% 02-Sep-2014
Kibor (3 Mths)10.17% 02-Sep-2014
Kibor (6 Mths)10.18% 02-Sep-2014
Kibor (9 Mths)10.45% 02-Sep-2014
Kibor (1 Yr)10.49% 02-Sep-2014
P.I.B (3 Yrs)12.48% 02-Sep-2014
P.I.B (5 Yrs)12.87% 02-Sep-2014
P.I.B (10 Yrs)13.36% 02-Sep-2014
P.I.B (15 Yrs)13.5% 02-Sep-2014
P.I.B (20 Yrs)13.55% 02-Sep-2014
P.I.B (30 Yrs)13.6% 02-Sep-2014
 Open Market Currency Rates
SymbolsBuy (Rs)Sell (Rs)
Australian $95.1595.4
Canadian $94.3094.55
Danish Krone17.8518
Euro133.50133.75
Hong Kong $13.0513.15
Japanese Yen0.9600.99
Saudi Riyal27.1027.35
Singapore $81.0081.25
Swedish Korona14.4514.6
Swiss Franc110.80111.05
U.A.E Dirham27.7027.95
UK Pound168.50168.75
US $102.25102.5
 Inter-Bank Currency Rates
SymbolsBank Buying TT CleanBank Selling TT & OD
Australian $95.3595.54
Canadian $93.9094.08
Danish Krone17.9818.02
Euro134.00134.26
Hong Kong $13.1613.19
Japanese Yen0.9790.9808
Saudi Riyal27.3527.45
Singapore $81.6481.8
Swedish Korona14.5614.59
Swiss Franc111.09111.3
U.A.E Dirham27.7727.82
UK Pound169.70170.64
US $102.56102.7434

Hot Topic