Trending News: Riyadh Metro to Launch First Phase on November 27, Enhancing Public Transportation“Milaf Cola” Unveiled at Riyadh Date Festival: A New Addition to Date-Infused BeveragesPakistan and Zimbabwe Set to Compete in First T20I TomorrowFive Children Injured in Dog Attack in Manghopir, KarachiRoads Blocked in Islamabad Amid Security Measures Following Imran Khan’s CallNo Public Transport in Islamabad After 8 PM TonightSarfaraz Ahmed Poses with Champions Trophy in Karachi Ahead of ICC Mega EventAustralia Collapses to 67/7 by Stumps Bumrah and Siraj Lead the ChargeGold Prices Surge by Rs. 3,700, Reaching a Record HighNo Unauthorized Protests or Rallies Permitted, Negotiations Not Underway : Mohsin NaqviStock Market Surge Continues: 100 Index Hits Record High of 97,270 PointsNEPRA Announces 1.60 PKR Per Unit Reduction in National Electricity PricesTennis Legend Rafael Nadal Concludes Career After 22 Grand Slam TitlesRashid Naseem Breaks 125 World Records, Guinness World Records Approves 3 MoreVPN Never Declared Un-Islamic or Impermissible: Islamic Ideology Council ChairmanImran Khan Granted Bail in Toshakhana Case 2 Against Sureties of 1 Million RupeesIf Performance Were the Criterion, PTI Would Not Have Governed KP : Sher Afzal MarwatPassing Marks Raised to 40, Grace Marks Increased to 5 in Nationwide ExamsTransfer Arrangements Finalized for Transfer of Aircraft to HyderabadLahore Ranked Second Most Polluted City Worldwide, Karachi Ranks FifthPakistan’s IT Exports Soar by 34%, Reaching $1.2 Billion in First Four MonthsAustralia Whitewashes Pakistan 3-0 in T20 Series, Key Players Fail to DeliverPakistan Bureau of Statistics Releases Report on Native LanguagesIMF Astonished by Pakistan’s Economic Turnaround in Just 14 MonthsHafiz Naeem Announces IT Training Initiative for One Million Youth Over Two YearsCPPA Submits Request for 1 Rupee, 1 Paisa Per Unit Reduction in Electricity RatesAustralia Takes 2-0 Lead in T20 Series Against Pakistan with Convincing WinPakistan Faces Early Setbacks in Second T20 Against AustraliaPakistan Loses Two Wickets for 17 Runs in Tense StartKarachi Sees Drop in Nighttime TemperaturesSolar Battery Prices Drop by 20% NationwidePolice Attempt to Halt Jamaat-e-Islami Protest Heavy Deployment on Shahrah-e-FaisalJamaat-e-Islami Announces Protest on Shahrah-e-Faisal Today Over Severe Rigging in Local Body By-ElectionsMunicipal By-Elections: Jamaat-e-Islami Secures Strong Lead Over PPP and PTI in Liaquatabad, Azizabad, Manghopir, and Model Town UC-7Exercise or Escape? Morning Walkers Face Dogs, Night Walkers Risk RobbersPakistan’s batting line falters in the pursuit of 94 runs, with six wickets falling for just 24 runsImran Khan Announces Final Call for November 24 Islamabad March : LawyerKarachi Water Corporation’s Monthly Revenue Surges Beyond 1.86 Billion Rupees, Up 65%Atif Aslam Denies Claims of Refusing to Perform in Saudi ArabiaJinnah Town Begins Relocation of Historic World Globe from Islamia College to New SiteGovernment to Pay Only for Delivered Power Under Upcoming IPP Contracts, Streamlining CostsPakistan Stock Exchange Hits New Record, Surpasses 94,000 Index MarkKarachi to Experience Fog and Sea Breeze on Monday and TuesdayPakistan Clinches Historic ODI Series Win in Australia After 22 YearsHyundai Announces Price Cuts of Up to PKR 800,000 on Selected ModelsBilawal’s Speeches Came Pre-Written by Uncle : Mufti MuneebKhilafat Cola Launched in PakistanInflation Falls Sharply to 6.7% from Last Year’s 32%, Prime Minister Shehbaz SharifLead Actor Ugur Gunes of Turkish Drama Sultan Salahuddin Ayubi Announces Upcoming Visit to PakistanJUI Leader Maulana Fazlur Rehman to Spend 10 Days in London for RestHouse Rent and Judicial Allowances for Supreme Court Judges Significantly IncreasedAlkhidmat Foundation Launched Bano Qabil Initiative for Free IT Training NationwideAustralia Moves to Curb Social Media Access for Children Under 16Utility Stores Corporation Reduces Sugar Price by 13 Rupees per Kilogram to Provide Immediate ReliefFederal Government Declares Public Holiday on November 9 for Iqbal DayMuhammad Saeed, Withdraws Rs 5 Lakh from Bank, Fatally Targeted at Paan Shop After ResistancePakistani Mangoes Worth $10 Land in Dubai, Sold at $120 After Repackaging: UAE Consul General Highlights Value Addition PotentialReckless Tankers and Dumpers Claim Four Lives in Karachi, Including 6-Year-Old GirlBitcoin Surges to $75,000 Following Donald Trump’s U.S. Election VictoryRise of Donald Trump From Real Estate Magnate to U.S. PresidentRepublican Donald Trump Returns to White House After Winning 2024 Presidential ElectionElderly Candidate Stuns Participants at Karachi Aptitude TestKarachi Metropolitan Corporation Receives 4.5 Billion Rupees from Sindh Government Under Provincial Development ProgramLahore Tops Solar Installations, Followed by Islamabad and Karachi in 2023 NEPRA ReportPrime Minister Announces Upcoming Energy Relief Package Amid Winter PreparationsDriver Injured as Car Plunges into Excavation on University Road: Prolonged Delays in Karachi Development Projects Spark Public ConcernFazlur Rehman Proposes Normalizing Relations with PTI for a Positive Shift in Political LandscapeNational Assembly Approves Extension of Service Chiefs’ Tenure to Five YearsState Bank Slashes Interest Rate by 2.5%, Now at 15%Australia Clinches First ODI Against Pakistan by Two WicketsPakistan Stock Exchange Achieves Unprecedented Surge as 100 Index Surpasses 92,000 MarkJamaat-e-Islami Challenges 26th Constitutional Amendment in the Supreme Court, Calls for Judicial ReviewBehind-the-Scenes Bargain Ali Amin’s Deal Leads to Release of Bushra Bibi and Imran Khan’s Sisters : Najam SethiPakistan’s Exports Experience 13% Growth, Reaching $10.8 Billion in Fiscal Year-to-DateSindh CM Approves 17-Story Technology Park at NED UniversityWeeks-Long Water Shortage Grips Karachi; Residents Rely on Costly TankersFor the First Time, Both Government and Opposition Under Punjabi Matriarchal InfluenceSaudi Fast-Food Giant Albaik to Open Operations in Pakistan, Bolstering Economic TiesRecord Petroleum Levy Collection of 261.69 Billion Rupees in Q1 Weighs on CitizensAgainst 85 Billion Expected Minimum, 10 Billion Bid Received for PIA SaleExam Paper Leaks Become Routine in Sindh : Monem Zafar KhanLiaquatabad Town Makes Historic Move Laptops Awarded to Top Matric AchieversContainer Falls from Moving Trailer on Karachi Bridge, Leaves One Dead; Police Search for Driver UnderwayFormer Minister Asad Umar Refutes Claims of Joining PPPAlkhidmat Skill Development Program Launches Solar (PV) Technician Course – Empowering Careers in Renewable EnergyHazim Bangwar Removed from Assistant Commissioner PostHafiz Naeem-ur-Rehman Calls for Cessation of Capacity Payments to Fauji Foundation’s IPPsFree Electricity for Power Company Employees Puts Extra Burden on Public – 34.3 Million Units Provided MonthlyPetrol Prices Likely to Drop by PKR 3, Diesel by PKR 2.30 per LiterPTI Announces Decision to Join Judicial CommissionPakistan Stock Exchange Achieves New Milestone: 100 Index Surpasses 91,000 MarkLatif Khosa Criticizes Maulana Fazlur Rehman for Reversal on 26th Constitutional Amendment SupportSindh Govt. Announces 100 Billion RS Yellow Line Project for KarachiSindh High Court Orders MD-CAT Exam to Be Retaken Within Four WeeksChief Justice Faez Isa Failed to Shield Judiciary from External Pressures : Justice Mansoor Ali ShahM6 Motorway to Connect Karachi and Sukkur via Hyderabad; Chief Minister and Federal Minister Discuss Development through Public-Private or Federal-Provincial ConsortiumSui Southern Gas Company Follows K-Electric’s Path, Initiates Additional Charges – Munim Zafar KhanCoalition Had Majority Without Maulana Fazlur Rehman, Unaware of Mansoor Ali Shah’s Non-Appointment as Chief JusticeSindh to Launch Online Vehicle Registration and Transfer Services from January 1stICC Releases New Test Player Rankings: Babar Azam Drops to 19th Position
Sun. Nov 24th, 2024
Trending News: Riyadh Metro to Launch First Phase on November 27, Enhancing Public Transportation“Milaf Cola” Unveiled at Riyadh Date Festival: A New Addition to Date-Infused BeveragesPakistan and Zimbabwe Set to Compete in First T20I TomorrowFive Children Injured in Dog Attack in Manghopir, KarachiRoads Blocked in Islamabad Amid Security Measures Following Imran Khan’s CallNo Public Transport in Islamabad After 8 PM TonightSarfaraz Ahmed Poses with Champions Trophy in Karachi Ahead of ICC Mega EventAustralia Collapses to 67/7 by Stumps Bumrah and Siraj Lead the ChargeGold Prices Surge by Rs. 3,700, Reaching a Record HighNo Unauthorized Protests or Rallies Permitted, Negotiations Not Underway : Mohsin NaqviStock Market Surge Continues: 100 Index Hits Record High of 97,270 PointsNEPRA Announces 1.60 PKR Per Unit Reduction in National Electricity PricesTennis Legend Rafael Nadal Concludes Career After 22 Grand Slam TitlesRashid Naseem Breaks 125 World Records, Guinness World Records Approves 3 MoreVPN Never Declared Un-Islamic or Impermissible: Islamic Ideology Council ChairmanImran Khan Granted Bail in Toshakhana Case 2 Against Sureties of 1 Million RupeesIf Performance Were the Criterion, PTI Would Not Have Governed KP : Sher Afzal MarwatPassing Marks Raised to 40, Grace Marks Increased to 5 in Nationwide ExamsTransfer Arrangements Finalized for Transfer of Aircraft to HyderabadLahore Ranked Second Most Polluted City Worldwide, Karachi Ranks FifthPakistan’s IT Exports Soar by 34%, Reaching $1.2 Billion in First Four MonthsAustralia Whitewashes Pakistan 3-0 in T20 Series, Key Players Fail to DeliverPakistan Bureau of Statistics Releases Report on Native LanguagesIMF Astonished by Pakistan’s Economic Turnaround in Just 14 MonthsHafiz Naeem Announces IT Training Initiative for One Million Youth Over Two YearsCPPA Submits Request for 1 Rupee, 1 Paisa Per Unit Reduction in Electricity RatesAustralia Takes 2-0 Lead in T20 Series Against Pakistan with Convincing WinPakistan Faces Early Setbacks in Second T20 Against AustraliaPakistan Loses Two Wickets for 17 Runs in Tense StartKarachi Sees Drop in Nighttime TemperaturesSolar Battery Prices Drop by 20% NationwidePolice Attempt to Halt Jamaat-e-Islami Protest Heavy Deployment on Shahrah-e-FaisalJamaat-e-Islami Announces Protest on Shahrah-e-Faisal Today Over Severe Rigging in Local Body By-ElectionsMunicipal By-Elections: Jamaat-e-Islami Secures Strong Lead Over PPP and PTI in Liaquatabad, Azizabad, Manghopir, and Model Town UC-7Exercise or Escape? Morning Walkers Face Dogs, Night Walkers Risk RobbersPakistan’s batting line falters in the pursuit of 94 runs, with six wickets falling for just 24 runsImran Khan Announces Final Call for November 24 Islamabad March : LawyerKarachi Water Corporation’s Monthly Revenue Surges Beyond 1.86 Billion Rupees, Up 65%Atif Aslam Denies Claims of Refusing to Perform in Saudi ArabiaJinnah Town Begins Relocation of Historic World Globe from Islamia College to New SiteGovernment to Pay Only for Delivered Power Under Upcoming IPP Contracts, Streamlining CostsPakistan Stock Exchange Hits New Record, Surpasses 94,000 Index MarkKarachi to Experience Fog and Sea Breeze on Monday and TuesdayPakistan Clinches Historic ODI Series Win in Australia After 22 YearsHyundai Announces Price Cuts of Up to PKR 800,000 on Selected ModelsBilawal’s Speeches Came Pre-Written by Uncle : Mufti MuneebKhilafat Cola Launched in PakistanInflation Falls Sharply to 6.7% from Last Year’s 32%, Prime Minister Shehbaz SharifLead Actor Ugur Gunes of Turkish Drama Sultan Salahuddin Ayubi Announces Upcoming Visit to PakistanJUI Leader Maulana Fazlur Rehman to Spend 10 Days in London for RestHouse Rent and Judicial Allowances for Supreme Court Judges Significantly IncreasedAlkhidmat Foundation Launched Bano Qabil Initiative for Free IT Training NationwideAustralia Moves to Curb Social Media Access for Children Under 16Utility Stores Corporation Reduces Sugar Price by 13 Rupees per Kilogram to Provide Immediate ReliefFederal Government Declares Public Holiday on November 9 for Iqbal DayMuhammad Saeed, Withdraws Rs 5 Lakh from Bank, Fatally Targeted at Paan Shop After ResistancePakistani Mangoes Worth $10 Land in Dubai, Sold at $120 After Repackaging: UAE Consul General Highlights Value Addition PotentialReckless Tankers and Dumpers Claim Four Lives in Karachi, Including 6-Year-Old GirlBitcoin Surges to $75,000 Following Donald Trump’s U.S. Election VictoryRise of Donald Trump From Real Estate Magnate to U.S. PresidentRepublican Donald Trump Returns to White House After Winning 2024 Presidential ElectionElderly Candidate Stuns Participants at Karachi Aptitude TestKarachi Metropolitan Corporation Receives 4.5 Billion Rupees from Sindh Government Under Provincial Development ProgramLahore Tops Solar Installations, Followed by Islamabad and Karachi in 2023 NEPRA ReportPrime Minister Announces Upcoming Energy Relief Package Amid Winter PreparationsDriver Injured as Car Plunges into Excavation on University Road: Prolonged Delays in Karachi Development Projects Spark Public ConcernFazlur Rehman Proposes Normalizing Relations with PTI for a Positive Shift in Political LandscapeNational Assembly Approves Extension of Service Chiefs’ Tenure to Five YearsState Bank Slashes Interest Rate by 2.5%, Now at 15%Australia Clinches First ODI Against Pakistan by Two WicketsPakistan Stock Exchange Achieves Unprecedented Surge as 100 Index Surpasses 92,000 MarkJamaat-e-Islami Challenges 26th Constitutional Amendment in the Supreme Court, Calls for Judicial ReviewBehind-the-Scenes Bargain Ali Amin’s Deal Leads to Release of Bushra Bibi and Imran Khan’s Sisters : Najam SethiPakistan’s Exports Experience 13% Growth, Reaching $10.8 Billion in Fiscal Year-to-DateSindh CM Approves 17-Story Technology Park at NED UniversityWeeks-Long Water Shortage Grips Karachi; Residents Rely on Costly TankersFor the First Time, Both Government and Opposition Under Punjabi Matriarchal InfluenceSaudi Fast-Food Giant Albaik to Open Operations in Pakistan, Bolstering Economic TiesRecord Petroleum Levy Collection of 261.69 Billion Rupees in Q1 Weighs on CitizensAgainst 85 Billion Expected Minimum, 10 Billion Bid Received for PIA SaleExam Paper Leaks Become Routine in Sindh : Monem Zafar KhanLiaquatabad Town Makes Historic Move Laptops Awarded to Top Matric AchieversContainer Falls from Moving Trailer on Karachi Bridge, Leaves One Dead; Police Search for Driver UnderwayFormer Minister Asad Umar Refutes Claims of Joining PPPAlkhidmat Skill Development Program Launches Solar (PV) Technician Course – Empowering Careers in Renewable EnergyHazim Bangwar Removed from Assistant Commissioner PostHafiz Naeem-ur-Rehman Calls for Cessation of Capacity Payments to Fauji Foundation’s IPPsFree Electricity for Power Company Employees Puts Extra Burden on Public – 34.3 Million Units Provided MonthlyPetrol Prices Likely to Drop by PKR 3, Diesel by PKR 2.30 per LiterPTI Announces Decision to Join Judicial CommissionPakistan Stock Exchange Achieves New Milestone: 100 Index Surpasses 91,000 MarkLatif Khosa Criticizes Maulana Fazlur Rehman for Reversal on 26th Constitutional Amendment SupportSindh Govt. Announces 100 Billion RS Yellow Line Project for KarachiSindh High Court Orders MD-CAT Exam to Be Retaken Within Four WeeksChief Justice Faez Isa Failed to Shield Judiciary from External Pressures : Justice Mansoor Ali ShahM6 Motorway to Connect Karachi and Sukkur via Hyderabad; Chief Minister and Federal Minister Discuss Development through Public-Private or Federal-Provincial ConsortiumSui Southern Gas Company Follows K-Electric’s Path, Initiates Additional Charges – Munim Zafar KhanCoalition Had Majority Without Maulana Fazlur Rehman, Unaware of Mansoor Ali Shah’s Non-Appointment as Chief JusticeSindh to Launch Online Vehicle Registration and Transfer Services from January 1stICC Releases New Test Player Rankings: Babar Azam Drops to 19th Position
Sun. Nov 24th, 2024

State Bank Slashes Interest Rate by 2% Amid Declining Inflation

The State Bank has announced a 2% cut in the interest rate.

The country’s central bank has announced a reduction in the interest rate.

The interest rate has been reduced by 200 basis points.

The policy rate has been lowered from 19.5% to 17.5%.

This decision was made after a rapid decline in the inflation rate over the past two months.

Foreign exchange reserves stand at $9.5 billion.

It is worth noting that the business community had demanded a reduction in the interest rate by 3 to

    • Karachi Matters

    Related Posts

    Roads Blocked in Islamabad Amid Security Measures Following Imran Khan’s Call
    Roads Blocked in Islamabad Amid Security Measures Following Imran Khan’s Call

    Several roads in Islamabad have been blocked with containers following Imran Khan’s final call, with Section 144 imposed in Punjab and Balochistan to restrict public gatherings. BBC reports similar closures…

    Continue reading
    No Public Transport in Islamabad After 8 PM Tonight
    No Public Transport in Islamabad After 8 PM Tonight

    Public transport in Islamabad will be suspended after 8 PM tonight, with transport terminals closing until further notice. Citizens will face significant disruptions, as the order mandates compliance, and legal…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    City Karachi

    Karachi

    Five Children Injured in Dog Attack in Manghopir, Karachi

    Five Children Injured in Dog Attack in Manghopir, Karachi
    Karachi Weather

    Karachi Sees Drop in Nighttime Temperatures

    Karachi Sees Drop in Nighttime Temperatures
    Karachi

    Police Attempt to Halt Jamaat-e-Islami Protest Heavy Deployment on Shahrah-e-Faisal

    Police Attempt to Halt Jamaat-e-Islami Protest Heavy Deployment on Shahrah-e-Faisal
    Karachi

    Jamaat-e-Islami Announces Protest on Shahrah-e-Faisal Today Over Severe Rigging in Local Body By-Elections

    Jamaat-e-Islami Announces Protest on Shahrah-e-Faisal Today Over Severe Rigging in Local Body By-Elections
    Karachi

    Karachi Water Corporation’s Monthly Revenue Surges Beyond 1.86 Billion Rupees, Up 65%

    Karachi Water Corporation’s Monthly Revenue Surges Beyond 1.86 Billion Rupees, Up 65%
    Karachi

    Jinnah Town Begins Relocation of Historic World Globe from Islamia College to New Site

    Jinnah Town Begins Relocation of Historic World Globe from Islamia College to New Site