KARACHI – The State Bank of Pakistan (SBP) has increased the interest rate by 150 basis points to 13.75 percent for the next six weeks to maintain the balance between inflation and economic growth. The Monetary Policy Committee of the central bank announced that it has jacked up the key ...

*The State Bank of Pakistan (SBP) issued an advisory against offshore foreign exchange trading websites, mobile applications and platforms such as OctaFX, Easy Forex, saying that such transactions are "prohibited and against laws of the land".* "It is clarified for the interest of public that ...

*Islamabad: The Supreme Court of Pakistan has dismissed petitions seeking a referendum to enforce the Presidential system in the country.* The Supreme Court has dismissed petitions regarding holding a referendum to enforce the Presidential system in the country, saying they do not have the domain ...

*RAWALPINDI: Former interior minister and Awami Muslim League chief Sheikh Rasheed has announced to move SC for the provision of the rights to vote to overseas Pakistanis. * “Country is running with the foreign remittances sent by 10 million overseas Pakistanis, will move to court if they are ...

ISLAMABAD: The Pakistan Electronic Media Regulatory Authority (PEMRA) on Monday issued directives to all satellite TV channels to refrain from airing content against state institutions. “It has been observed that a few satellite TV channels are airing content which tantamounts to casting ...

*LAHORE: Flour millers on Friday jacked up the price of flour in Punjab after the closure of the provision of wheat on the government’s quota. * The 20-kilogramme flour bag is being sold at Rs1300 in Punjab, said Chairman Pakistan Flour Mills Associations, Asim Raza. The recent increase has ...

ISLAMABAD - The Federal Board of Revenue (FBR) collected net revenues of Rs.4,858 billion during the first ten months of the current fiscal year (July-April 2021-22), showing growth of 28.6 percent over the collection of Rs.3,778 billion during the corresponding period of last year. According to ...

*ISLAMABAD: The Supreme Court of Pakistan on Thursday returned a plea from Pakistan Tehreek-i-Insaf (PTI) against delimitations from the Election Commission of Pakistan (ECP). * The registrar of the apex court returned the PTI plea after raising objections that the petitioner has not approached ...

*ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday chaired the first meeting of his federal cabinet where important decisions were undertaken. * The cabinet, which met in Islamabad with PM Shehbaz Sharif in the chair, has approved the formation of Exit Control List (ECL) committee, ...

*ISLAMABAD: Deadlock persists in Pakistan Muslim League-Nawaz and Pakistan People’s Party as Bilawal Bhutto Zardari did not take oath as foreign minister today (Tuesday).* Sources privy to the development said that the consultation regarding Bilawal’s oath as minister in PM Sharif’s cabinet ...