General

This category covers all general news

CCP Sanctions Major Stake Acquisition in Engro Powergen by Textile Consortium

Islamabad: The Competition Commission of Pakistan (CCP) has sanctioned the acquisition of a majority stake in Engro Powergen Qadirpur Limited by a consortium primarily consisting of textile companies. The approved transaction will see the consortium o...

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UN Secretary-General Calls for Strengthened Global Efforts on World Day Against Trafficking in Persons

New York: On the occasion of the World Day Against Trafficking in Persons, the UN Secretary-General emphasized the critical need to intensify global efforts to combat human trafficking, particularly focusing on the protection of children, who represen...

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State Bank of Pakistan Cuts Policy Rate to 19.5% Amid Improving Economic Indicators

Islamabad: The Monetary Policy Committee (MPC) of the State Bank of Pakistan has reduced the policy rate by 100 basis points to 19.5 percent, effective from July 30, 2024, citing better-than-expected inflation figures for June and an improving externa...

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