Consumer Price Index Hits Six-Year Low as Inflation Trends Downward

Karachi: The Consumer Price Index (CPI) is projected to decrease significantly in November 2024, reaching its lowest level in six years, as inflation continues its downward trend. The CPI is expected to drop to 4.7%, the lowest since April 2018, suppo...

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Indian Cybersecurity Firm Accused of Silencing Global Media

New Delhi: A cybersecurity firm co-founded by Indian entrepreneur Rajat Khare has been accused of employing legal tactics to suppress investigative journalism worldwide, as reported by Reporters Without Borders (RSF).

According to Kashmir Media Serv...

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Governor of Sindh Hoists UAE Flag to Mark 53rd National Day of United Arab Emirates

Karachi: Sindh Governor Kamran Khan Tesori celebrated the 53rd National Day of the United Arab Emirates by hoisting the UAE flag in a ceremony attended by prominent UAE diplomats. The event featured fireworks and the playing of national anthems, symbo...

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NTDC Energizes New Autotransformer to Boost Power Capacity in Lahore

Lahore: In a move to enhance power transmission capacity, the National Transmission and Despatch Company (NTDC) has successfully energized a second 250 MVA autotransformer at the 220 kV Grid Station in WAPDA Town, Lahore. This development aims to impr...

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VIS Assigns Top Rating to PTCL’s Seventh Sukuk Offering

Karachi: VIS Credit Rating Company Limited (VIS) has assigned an 'A1+' short-term rating to the Pakistan Telecommunication Company Limited's (PTCL) Short Term Sukuk VII (STS-VII). This rating signifies the highest level of certainty regarding timely p...

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VIS Reaffirms Ratings for Pakistan Currency Exchange Company

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Pakistan Currency Exchange Company (Private) Limited at 'A-/A2', indicating good credit quality and adequate protection factors for medium to long-term obligations. The sh...

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Consumer Price Index Hits Six-Year Low, Fuels Speculation of Interest Rate Cut

Karachi: The Consumer Price Index (CPI) for November 2024 is projected to drop to 4.7%, marking the lowest point since April 2018. This trend underscores a continuing pattern of disinflation, bolstered by a high base effect. The downward trajectory st...

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