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Karachi: The State Bank of Pakistan (SBP) has cut its policy rate by 100 basis points to 12%, signaling a cautious approach to monetary policy aimed at fostering sustainable economic growth. This decision comes alongside a revision of the inflation fo...

The post Pakistan to See Potential Drop in Interest Rates as Inflation Forecast Improves appeared first on Pakistan Business News.

Karachi: Cherat Cement Company Ltd (CHCC) is expected to see a rise in earnings for the second quarter of the fiscal year 2025, while Lucky Cement Ltd (LUCK) is projected to experience a decline, according to recent forecasts.

According to a stateme...

The post Cherat and Lucky Cement Earnings Predictions Highlight Mixed Outcomes appeared first on Pakistan Business News.

Karachi: International Steels Ltd (ISL) announced a significant decline in its quarterly profit, with Profit after Tax (PAT) dropping by 71% year-on-year to PkR355 million (EPS: PkR0.82) for the second quarter of fiscal year 2025. The decline was prim...

The post International Steels Ltd Reports 71% Decline in Quarterly Profit Amid Lower Steel Prices appeared first on Pakistan Business News.

Jammu: Doctors in Indian illegally occupied Jammu and Kashmir have nearly confirmed that poisoning is the likely cause of a mysterious illness in the village of Badhaal, Rajouri, after the administration of atropine, a medication known to counteract p...

The post Doctors Nearly Confirm Poisoning in Rajouri Deaths appeared first on pakistannewsgazette.com.

Srinagar: A forest fire erupted in compartment 35 near the water supply scheme in Watlab, Sopore, in the contested region of Indian-administered Jammu and Kashmir, prompting local residents to take immediate action.

According to a statement by Kashm...

The post Forest Fire Erupts in Sopore, Residents Rally to Contain Blaze appeared first on pakistannewsgazette.com.

London: Fahim Kayani, President of Tehreek-e-Kashmir UK and the All Parties International Kashmir Coordination Committee, has extended his congratulations to four UK Members of Parliament on their recent appointments as Trade Envoys.

According to a ...

The post Fahim Kayani Congratulates New UK Trade Envoys appeared first on pakistannewsgazette.com.

Jeddah: The newly commissioned Pakistan Navy Ship PNS YAMAMA visited Jeddah, Saudi Arabia, during its maiden voyage from Romania to Pakistan and participated in a Passage Exercise with the Royal Saudi Naval Forces. Upon arrival at Jeddah port, the shi...