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Karachi: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, citing a weakened macroeconomic outlook due to ongoing floods. The bank’s Monetary Policy Committee (MPC) views this decision as crucial for ensuring price stabi...

Doha: Condemnations from the Muslim world mounted on Monday as Qatar hosted an emergency Arab-Islamic summit in Doha, where state leaders condemned Israel's strike on Hamas negotiators in Doha. According to TRTworld.com, the summit witnessed Qatari ...

London: Ricky Hatton, the renowned former world boxing champion, has passed away at the age of 46. Known for his tenacity in the ring and charismatic personality, Hatton's death marks a significant loss in the sports world. Details surrounding his pas...

Islamabad: Mian Zahid Hussain, a prominent business leader and former government official, voiced his frustration over the State Bank of Pakistan's (SBP) decision to maintain its policy interest rate at 11%. He argues that the current rate hinders eco...

Islamabad: The State Bank of Pakistan (SBP) has held its benchmark interest rate steady at 11% amidst the ongoing floods, a decision consistent with market anticipations. The Monetary Policy Committee (MPC), in its statement, acknowledged a slight wor...

Islamabad: Bestway Cement Limited (BWCL) announced a significant 73% year-over-year increase in profit for the fiscal year 2025, reaching PkR23.9 billion (EPS: PkR40.0), compared to PkR13.8 billion (EPS: PkR23.1) in FY24. This substantial growth comes...

Islamabad: Investigations into a staggering Rs 41 billion financial scandal at the Securities and Exchange Commission of Pakistan (SECP) are reportedly stalling, raising serious concerns about accountability and institutional impunity. Despite the Aud...