KATI President criticises decision to maintain interest rate KARACHI: Johar Ali Qandhari, the newly elected President of the Korangi Association of Trade and Industry (KATI), ... Published 31 Jan, 2024 05:22am
Business & Finance Industrial sector slams SBP for keeping policy rate unchaged KARACHI: Industrial sector has criticised the central bank for maintaining the policy rate at 22 percent as it is... Published 31 Jan, 2024 05:22am
Markets SBP initiates process for issuance of new currency notes The State Bank of Pakistan (SBP) has initiated the process for designing and issuing of new banknotes series of all... Updated 30 Jan, 2024 10:20pm
Business & Finance Enforcement action: SBP imposes over Rs465mn in penalties on 10 banks The State Bank of Pakistan (SBP) imposed penalties worth Rs465.08 million on 10 banks during the quarter ended... Updated 30 Jan, 2024 10:46pm
BR Research Monetary easing still on pause The monetary policy committee has kept the policy rate unchanged at 22 percent, as per the general analysts’... Published 30 Jan, 2024 09:07am
Business & Finance Raqami sets up Shariah Board as SBP grants NOC KARACHI: Raqami Islamic Digital Bank (RIDB), after obtaining NOC from the State Bank of Pakistan, has set up... Published 30 Jan, 2024 04:52am
Print Six-month budget deficit soars to 2.3pc of GDP ISLAMABAD: The budget deficit during the first six months of the ongoing fiscal year increased to 2.3 percent of the... Updated 30 Jan, 2024 08:48am
Business & Finance Policy rate kept unchanged at 22pc on inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy... Published 30 Jan, 2024 04:52am
Business & Finance SBP to issue new notes KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmed revealed on Monday that SBP has decided to issue new... Updated 30 Jan, 2024 12:54pm
Markets SBP keeps key policy rate unchanged at 22% Central bank governor conveys MPC has revised projected inflation figure for FY24 from 20-22% to 23-25% Updated 29 Jan, 2024 09:48pm
Editorials Reiteration of economic challenges EDITORIAL: The caretaker finance minister while addressing the NUST Institute of Policy Studies (NIPS) correctly... Published 29 Jan, 2024 04:37am
Pakistan Alvi underscores need for financial inclusion of special people KARACHI: President Dr Arif Alvi Saturday said the financial inclusion of special people would have a positive effect... Published 28 Jan, 2024 02:43am
Opinion FinTech revolutionises Pakistan’s financial landscape The global ascent of FinTech is heralding a transformative era in financial landscapes worldwide. Pioneering... Published 27 Jan, 2024 06:20am
Print H1FY24: Profit repatriation up record 161pc to $567.7m YoY KARACHI: Repatriation of profit and dividends by foreign investors posted a record growth of 161 percent during the... Updated 27 Jan, 2024 10:37pm
Pakistan SBP Governor opens Japanese pottery show KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad inaugurated a Japanese pottery exhibition ‘Yakishime -... Published 26 Jan, 2024 04:58am
Pakistan 13 out of 15 ‘important targets’ achieved: MoITT ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunications Dr Umar Saif claimed that 13... Published 26 Jan, 2024 04:58am
Editorials Fixing the forex market EDITORIAL: The State Bank of Pakistan (SBP) has introduced a new foreign exchange (FX) electronic trading platform... Updated 26 Jan, 2024 05:18am
Business & Finance Need stressed to reduce interest rate KARACHI: Sheikh Umar Rehan, the former President of the Korangi Association of Trade and Industry (KATI), has... Published 26 Jan, 2024 04:58am
Business & Finance Faysal Bank announces strategic collaboration with OPay KARACHI: Faysal Bank Limited, a leading Islamic financial institution known for its commitment to technological... Published 26 Jan, 2024 04:58am
Markets SBP reserves increase $243mn to reach over 6-month high of $8.27bn Dollar stockpile rises over inflow from International Monetary Fund as second tranche of Stand-By Arrangement Updated 25 Jan, 2024 10:41pm
Print Auction for MTBs: 62bps ‘surprise’ drop in cut-off yield KARACHI: The cut-off yield on short-term government securities surprisingly declined up to 62 basis points in the... Updated 25 Jan, 2024 09:11am
Print SBP to launch platform for FX interbank market State Bank of Pakistan decides to revamp the foreign exchange trading system Updated 24 Jan, 2024 10:10am
Editorials Babus’ clamour for pay increase EDITORIAL: The government has pledged to refrain from any further increase in salaries and pensions beyond those... Published 24 Jan, 2024 05:07am
Business & Finance MPC meeting on 29th KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be held on... Published 24 Jan, 2024 05:07am
Markets Monetary Policy Committee: SBP issues advance calendar for meetings in January-June 2024 Schedules 4 huddles during six-month period, with first one on January 29 Published 23 Jan, 2024 06:46pm
Business & Finance SBP’s monetary policy committee to meet on January 29 The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, January 29, 2024 to... Updated 23 Jan, 2024 09:38pm
Markets Inflation to remain elevated in January, could clock in at 27.9%: brokerage house Consumer Price Index (CPI)-based inflation in Pakistan is expected to remain elevated, and could clock in at 27.9%... Updated 23 Jan, 2024 10:56pm
Opinion Post-general election economic outlook Elections will hopefully be held in the next two weeks. They are taking place at a time when the economy continues ... Published 23 Jan, 2024 05:14am
Business & Finance SBP adopts six new AAOIFI Shariah Standards KARACHI: In order to further strengthen Shariah compliance framework and harmonise the Shariah practices in Islamic... Published 23 Jan, 2024 05:14am
Pakistan Alvi directs banks to refund Rs2.74m to fraud victims ISLAMABAD: President Dr Arif Alvi has asked the Banking Mohtasib to take up the matter of banking frauds with the... Published 22 Jan, 2024 05:37am