Policy rate unchanged at 11.5%
ECONOMIC EXPANSION: The MPC expects real GDP growth in the range of 3.5-4.5% during FY27….
Policy rate unchanged at 11.5%
ECONOMIC EXPANSION: The MPC expects real GDP growth in the range of 3.5-4.5% during FY27. Risks from volatile global commodity prices amid renewed Middle East tensions and uncertain weather conditions, including evolving El Niño effects, could weigh on growth prospects. PHOTO:FILE KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has…
Aurangzeb chairs first Access to Finance meeting
Finance Minister Muhammad Aurangzeb. Photo: File ISLAMABAD: Finance Minister Muhammad Aurangzeb chaired the first meeting of the Access to Finance Steering Committee, established to provide strategic oversight for the Prime Minister’s Access to Finance Plan 2026-2028, according to an official statement issued on Monday. The meeting focused on advancing affordable access to finance for priority…
Nigeria tells South Africa to curb xenophobic attacks
. NIGERIA/ SOUTH AFRICA: Nigeria urged South Africa on Monday to do more to prevent xenophobic attacks on Nigerians and other African migrants, saying repeated violence was straining ties and raising questions about whether the government was complicit. The comments came during talks in Abuja between Nigerian officials and a South African delegation led by…
Imaan, spouse seek early hearing of suspension pleas
. Lawyer and activist Imaan Mazari, daughter of senior politician Shireen Mazari. PHOTO: EXPRESS/FILE ISLAMABAD: Convicted lawyers Imaan Mazari and Hadi Ali Chattha have filed miscellaneous applications in the Islamabad High Court (IHC) seeking an early hearing of their petitions for suspension of sentence in the controversial tweets case. The applications, filed through advocates Faisal…
De Zerbi wants ‘soul and passion’ from new-look Tottenham
Tottenham manager Roberto De Zerbi wants to see ‘soul and passion’ from the team. Photo: AFP LONDON: Tottenham manager Roberto De Zerbi urged his team on Monday to play with “soul and passion” as the London club rebuild after narrowly avoiding relegation from the Premier League. Spurs have embarked on an aggressive summer of spending to boost their…
CM orders expansion of ration scheme
. LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has announced an additional allocation of Rs43.2 billion this year for a ration card programme after Rs28 billion had been disbursed to 1.2 million registered workers through the scheme. According to a statement issued on Monday, the number of registered workers in Punjab has reached a record…
Lyles pulls up early in 200m US title bid
US sprint star Noah Lyles pulled up early in 200m race at the US athletics championships final. Photo: AFP NEW YORK: US sprint star Noah Lyles pulled up with cramp in the 200m final at the US athletics championships on Sunday, his bid for a title double undone as Garrett Kaalund claimed the victory. Lyles, who won…
239 suspects rounded up; drugs recovered
. HYDERABAD: The Hyderabad police rounded up 239 suspects including 13 with gunshot injuries during the crackdown over the last 2 weeks, according to the police spokesman. He informed here on Monday that 62 hardened criminals and 50 drug peddlers were among those arrested in addition to 73 manufacturers and sellers of mainpuri and gutka….
Pogacar wins record-equalling fifth TdF
The 27-year-old Slovenian won five stages and had been in yellow since his victory Tadej Pogacar joined Jacques Anquetil, Eddy Merckx, Bernard Hinault and Miguel Indurain as the most successful riders in Tour de France history. Photo: AFP LOURDES, FRANCE: Tadej Pogacar ticked off a “big goal” as he claimed his record-equalling fifth Tour de France title as…
PFA survey sparks traders’ revolt
Trade bodies demand relief instead of restrictions, threaten province-wide protests Shutter down. PHOTO: INP/FILE RAWALPINDI: Traders’ organisations across the Rawalpindi Division have threatened a complete shutter-down strike after the Punjab Food Authority (PFA) launched a data collection exercise aimed at compiling commercial information from wholesale and retail businesses following the implementation of the federal and…
