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SBP may go for another increase in policy rate to benefit banking mafia on June 12
KARACHI: June 10,2023: The Monetary Policy Committee of SBP will meet on Monday, June 12, 2023 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a press release on the same…
Govt unveils Rs 14.4 trillion deficit budget for 2023-24
ISLAMABAD : June 9, 2023: Finance minister , Ishaq Dar , on Friday presented federal budget 2023-24 having an outlay of Rs 14.460 trillion, it shows deficit of Rs 7573 billion, highest ever in Pakistan’s 75 years . Finance minister…
DRAP unearths sporous phenobar tablet stocks being marketed in Pakistan
ISLAMABAD: June 8, 2023: The Drug Regulatory Authority (DRAP) has issued red alert for banning the use of phenobar 30 mg tablet citing it as sporous/ falsified and ordered withdrawal of the tablet from market besides sensitizing to the…
Mastermind, abettors of May 9 caos to be tried under Army Act: says COAS
RAWALPINDI: June, 7 2023: General Syed Asim Munir, COAS presided over the 81st Formation Commanders Conference at GHQ, which was attended by Corps Commanders, Principal Staff Officers and all Formation Commanders of Pakistan Army.
Forum…
NEC okays Rs 2709 billion PSDP for 2023-24
ISLAMABAD : June 6,2023: The National Economic Council (NEC) on Tuesday approved a Rs 2709 billion Public Sector Development Programme (PSDP) for 2023-24.
Prime minister , Shahbaz Sharif , chaired NEC meeting held here.
The approved…
Ch Pervez Elahi released , arrested again
ISLAMABAD : June 3,2023 : Pakistan Tehreek e Insaf (PTI) president , Chaudhary Pervez Elahi, was released by an anti corruption court of Gujranwala in two corruption cases and arrested again before release in a new case of appointments…
Pakistan miss exports target , dodge default
ISLAMABAD : June 2,2023 : Pakistan is set to miss its exports target of $32 billion as its total exports in 11 months of the outgoing fiscal year stand at $ 25.336 billion, less by 12.14 % over its last fiscal year's exports .
Pakistan…
ACE Punjab arrests Chaudhary Pervez Elahi in graft case
LAHORE : June 1,2923: Finally , Anti Corruption Establishment Punjab on Thursday nabbed Pakistan Tehreek e Insaf (PTI) president , Chaudhary Pervez Elahi, from outside his residence in Lahore .
The Punjab police had made several raids on…
USD crashes in Pakistan as govt allows credit cards payments at open market rate
KARACHI: June 1, 2023: On the first day of June, US dollar crashed in the open market. USD lost by Rs 27 against the rupee in open market today. US dollar value dropped down to Rs 290 (buying) and Rs 298 (selling) against tis last day’s…
Govt announces marginal reduction in petroleum product prices
ISLAMABAD : May 31,2023: The government has cut down the prices of petroleum products for next fortnight (June 1-15).
Finance minister , Ishaq Dar, announced reduction in the rates of petroleum products in his televised press briefing at…
