September 12, 2024

Karachi_Pakistan's foreign exchange reserves have seen a welcome increase of $57 million, according to the latest figures released by the State Bank of Pakistan (SBP). The country's total dollar reserves now stand at approximately…

Islamabad-The Federal Cabinet, chaired by Prime Minister Shehbaz Sharif, approved a proposal by the Ministry of Maritime Affairs to direct all government departments to route 50% of their imports, such as wheat, sugar, and fertilizer,…

Karachi-(Business Reporter)-The State Bank of Pakistan's (SBP) Monetary Policy Committee (MPC) decided to cut the policy rate by 200 basis points to 17.5% effective September 13, 2024. This decision was made in light of the sharp decline in…

Islamabad-(Mudassar Iqbal)_The International Monetary Fund (IMF) has scheduled a meeting of its Executive Board for September 25 to discuss the approval of a $7 billion Extended Fund Facility (EFF) agreement with Pakistan. Prime Minister…

PM Chaudhry Anwar Haq Meets Tariq Fazal Chaudhry, Discusses Development Projects" Islamabad-(Staff Reporter)-Prime Minister of Jammu and Kashmir, Chaudhry Anwar Haq, met with senior leader of Muslim League-N and Member of National…

Defence Minister Khawaja Asif has condemned Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur for proposing direct negotiations with Afghanistan, labeling such remarks as an “attack” on the federation. In his address to the National…

On Thursday, animal rights organization PETA renewed its demand for an end to the use of real bearskin hats worn by Buckingham Palace guards, following the revelation that each hat now costs over £2,000 ($2,600). These tall black hats,…

National Assembly Speaker Ayaz Sadiq has voiced concerns about the backlash regarding the arrests of Pakistan Tehreek-e-Insaf (PTI) lawmakers from Parliament, suggesting he may need to reassess his position. The remarks followed a debate…

The State Bank of Pakistan’s Monetary Policy Committee (MPC) has heeded calls for a substantial reduction in interest rates by lowering the key policy rate by 200 basis points, from 19.5% to 17.5%. This significant move was announced on…