LHC orders transfer of torture, custodial death cases to FIA, nullifies police FIRs

The Lahore High Court (LHC) has ruled that first information reports (FIRs) registered by local police under general laws, despite falling within the scope of the Torture and Custodial Death (Prevention and Punishment) Act, 2022, must be cancelled and the matter transferred to the Federal Investigation Agency (FIA), provided that the courts have not yet […]

‘BRI states must adopt diversified supply chain’

In the current environment, the global supply chain has been continuously upgrading digitally, ie, achieving innovative and sustainable development, which is also a major responsibility that Pakistan and China should shoulder together, remarked National Bank of Pakistan (NBP) Beijing Office Chief Representative Shaikh Muhammad Shariq. Speaking at a panel discussion on supply chain services held […]

REER improves to 96.6 in June

The Real Effective Exchange Rate (REER) index for the Pakistani rupee improved to 96.6 in June 2025, down from 97.8 in May 2025, according to data released by the State Bank of Pakistan (SBP). The drop in REER suggests improved external competitiveness for the rupee. The rupee also appreciated slightly against the US dollar on […]