SBP announces surprise 100 basis point rate cut
The State Bank of Pakistan (SBP), in a surprise monetary policy committee (MPC) meeting on Thursday, cut the interest rate by 100 basis points to seven per cent. Thursday’s cut is fifth in the last
The State Bank of Pakistan (SBP), in a surprise monetary policy committee (MPC) meeting on Thursday, cut the interest rate by 100 basis points to seven per cent. Thursday’s cut is fifth in the last
T-Series, India’s largest music label, on Thursday apologised for uploading Pakistani singer Atif Aslam’s song ‘Kinna Sona’ on its YouTube channel and immediately removed it after facing severe backlash. The song was featured in the
After facing a delay of more than four years, the agreement to launch 1,100 MegaWatt Kohala Hydropower Project was signed between Pakistan and China on Thursday. Taking to twitter, China-Pakistan Economic Corridor (CPEC) Chairman Asim
Former Pakistani captain Rashid Latif on Thursday blamed the Pakistan Cricket Board (PCB) for its unprofessional approach as 10 players tested positive for Covid-19. He said the board failed to follow the standard operating procedures
The International Monetary Fund (IMF) on Wednesday forecast Pakistan’s growth rate to clock in at -0.4 per cent in the ongoing fiscal year before rising to 1pc in the next. The IMF’s June World Economic
A 16-year-old boy in Lahore, Pakistan has apparently killed himself after failing to complete a mission in the PUBG game, police officials who investigated the death claimed on Wednesday. PUBG is an online gaming platform
The May 22 plane crash that killed 99 people on board was a result of “human error” especially the airline pilot -- who also died in the crash -- and the air traffic control (ATC)
In another sign of worsening ties between the two neighbours, Pakistan on Wednesday asked India to cut down its size of diplomatic emissaries from the country by 50 per cent. The call came in after
Pakistan’s current account in the month of May posted a surplus of $13 million, data released by the State Bank of Pakistan (SBP) showed on Tuesday. "Pakistan’s current account turned into a surplus of $13m
Just a day after three Pakistani players tested positive for the Covid-19, the Pakistan Cricket Board (PCB) on Wednesday said seven more players and one personnel of the support staff have contracted the virus. In