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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...

The post State Bank of Pakistan Cuts Policy Rate to 19.5% Amid Improving Economic Indicators appeared first on pakistannewsgazette.com.

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...

The post CCP Sanctions Major Stake Acquisition in Engro Powergen by Textile Consortium appeared first on pakistannewsgazette.com.

Dukki: The Dukki Sports Department hosted a vibrant football tournament as part of the 77th Independence Sports Festival 2024, culminating in a victory for Gulshan Football Club Dukki in a keenly contested final.

According to Directorate General Pub...

The post Dukki Celebrates 77th Independence with Sports Festival, Gulshan Football Club Triumphs appeared first on pakistannewsgazette.com.

Islamabad: The Pakistan Telecommunication Authority (PTA) has intensified its crackdown on illegal SIM card distributions, conducting multiple raids in Rawalpindi, Sargodha, Kot Momin, Kohat, and Hangu. These operations targeted franchisees of major t...

The post PTA Launches Raids on Franchisees for Illegal SIM Issuance in Five Cities appeared first on pakistannewsgazette.com.

Srinagar: A mysterious explosion in Sopore, located in the Baramulla district of Indian Illegally Occupied Jammu and Kashmir, resulted in the deaths of four individuals.

According to Kashmir Media Service, the fatal incident occurred in Sheer Colony...

The post Four Killed in Sopore Blast appeared first on pakistannewsgazette.com.

Islamabad: Minister for Law and Justice, Azam Nazeer Tarar, has called for national unity against the unauthorized issuance of religious decrees, specifically condemning recent fatwas targeted at public figures such as Supreme Court Chief Justice Qazi...

The post Law Minister Tarar Denounces Unauthorized Religious Decrees, Affirms Legal Action appeared first on pakistannewsgazette.com.

Islamabad: Deputy Prime Minister and Foreign Minister Ishaq Dar has strongly reaffirmed Pakistan's commitment to the Commonwealth, highlighting its significant role in addressing global challenges and enhancing member cooperation. During a press confe...

The post Deputy PM Dar Reiterates Pakistan’s Dedication to Commonwealth Objectives appeared first on pakistannewsgazette.com.