KARACHI: The State Bank of Pakistan (SBP) announced on Monday that it had decided to cut its key policy rate by 200 basis points (bps) to 13 per cent from 15pc amid demands for a major rate cut. “At its meeting today, the Monetary Policy Committee (MPC) decided to cut the policy rate by 200 bps to 13 per cent, …
RAWALPINDI: Former PTI leader Shireen Mazari was indicted on Monday along with eight others in a case concerning the attack on the army’s General Headquarters in Rawalpindi during violent protests, prompted by the arrest of the PTI founder in a corruption case on May 9 last year. Imran, who has been incarcerated in Adiala Jail since August 2023, was arrested …
PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur on Monday, while strongly condemning casualties in attacks on polio workers in two separate incidents, sought reports from senior police officials and directed them to take action against the elements involved. Pakistan is one of the last two countries in the world, alongside Afghanistan, where polio remains endemic, with the disease mostly …
ISLAMABAD: The government plans to present a bill in the National Assembly today (Monday) to create a digital identity for citizens, with the aim of centralising social, economic, and governance data. The agenda of Monday’s sitting, issued by the National Assembly Secretariat, stated that the Minister of State for IT and Telecommunication, Shaza Fatima Khawaja, will introduce The Digital Nation …
WASHINGTON: Pakistan has made substantial progress in countering terrorist financing and addressing regional extremist networks, a US State Department report states while also highlighting significant security challenges including a sharp rise in terrorist attacks in 2023. The report released this week commends Pakistan for completing its updated National Risk Assessment (NRA) on money laundering and terrorist financing in 2023. This …
LAHORE: Punjab Chief Minister Maryam Nawaz Sharif on Sunday invited Chinese technology, other firms to launch operations in Punjab, with representatives of several companies expressing keen interest in investment opportunities in Punjab. Presiding over an investment conference in Guangzhou on the sixth day of her visit to China, Ms Nawaz announced plans to facilitate Chinese companies through a one-window operation, …
ISLAMABAD: Senate Chairman Syed Yousaf Raza Gilani on Sunday said that 18th Amendment was instrumental in empowering the provinces to take ownership of their health-related affairs, allowing for local solutions to be tailored in accordance with the specific needs of their populations. Addressing a health awareness and recognition seminar, he observed that devolution of powers had helped create a more …
PESHAWAR: Khyber Pakhtunkhwa (KP) Chief Minister Ali Amin Gandapur has vowed that the sacrifices of PTI workers who were martyred during the 26 November protests at D-Chowk will not be forgotten, pledging to seek justice for their deaths. Speaking at the foundation stone-laying ceremony for the Havelian Water Supply Scheme, Gandapur stated, “We will definitely take account of the blood …
LAHORE: A court has declared eight senior leaders of Pakistan Tehreek-e-Insaf (PTI), including Murad Saeed and Hammad Azhar, as absconders in a case related to the burning of containers during the 9 May protests. The anti-terrorism court in Lahore, presided over by Judge Arshad Javed, declared the PTI leaders absconders in the case concerning the incidents at Kalma Chowk on …
ISLAMABAD: An Islamabad anti-terrorism court (ATC) has released 38 individuals arrested in connection with last month’s D-Chowk protest, while 50 others were sent on a judicial remand, it emerged on Saturday. On November 13, PTI founder Imran Khan issued a “final call” for nationwide protests on Nov 24, demanding the restoration of the PTI’s electoral mandate, the release of detained …