Google to ban deceitful loan apps
KARACHI: In a proactive move to safeguard consumers from fraudulent practices, Google has taken a significant step by banning unregistered…
Conference highlights viable drone industry in Pakistan
BEIJING: The Pakistan Embassy in Beijing hosted a China-Pakistan drone conference on Thursday, focusing on the establishment of a robust…
Rs31m fines imposed on six banks
KARACHI: Pakistan’s central bank has taken a stern stance against six commercial and Shariah-compliant banks, imposing a monetary penalty of…
Rupee rebounds, reaches Rs286.45/$
The Pakistani currency continued its impressive recovery for the second consecutive working day, gaining 0.21% or Rs0.59, against the US…
‘Effects of climate change high in Asia’
GENEVA: Extreme weather events ranging from droughts to large-scale floods and other effects of climate change are on the rise…
‘SBP likely to raise rates again’
KARACHI: Pakistan’s central bank will likely raise its key interest rate again on Monday to tackle persistently high inflation, giving…
Rs1tr China-funded project okayed
ISLAMABAD: Pakistan pushes through the approval of a Rs1 trillion China-funded Chashma nuclear power project on Thursday, aimed at generating…
Conditions for $10b refinery project met
ISLAMABAD: Pakistan has taken a significant step towards commencing the construction of the $10 billion refinery in Balochistan by reaching…
Forex reserves decline by $541m
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) experienced a significant decline, dropping 6.2% on a…
Pakistan seen hiking rates again on IMF guidance, analysts say
KARACHI: Pakistan’s central bank will likely raise its key interest rate again on Monday to tackle persistently high inflation, giving…