State Bank Reduces Interest Rate by 2%, Bringing It Down to 13%

The State Bank has announced a 2% reduction in the interest rate, bringing it down from 15% to 13%. The decision, made by the Monetary Policy Committee, follows a series…

Federal Minister Azam Nazeer Tarar Reveals Ministers’ Salary and Benefits

Federal Minister for Law, Azam Nazeer Tarar, disclosed that federal ministers receive a salary of approximately 200,000 rupees, along with a 1500cc car and 400 liters of petrol. He also…

Stock Exchange Sets New Record: KSE-100 Index Surges by 2500 Points, Crosses 113,000 Mark

The stock market continues its upward trend, with the KSE-100 Index reaching a new milestone. During today’s trading, the index surged by 2500 points, surpassing the 113,000 mark for the…

Power Companies’ Poor Performance Leads to 281 Billion Rupee Loss: NEPRA Report

NEPRA’s 2023-24 performance report reveals that poor management by power companies resulted in a loss of 281 billion rupees. Despite high demand, cheap power plants were not utilized, and all…

Pakistan’s Vehicle Market Surges: Car Sales Up 51%, Bike Sales Rise 26%

Car sales from July to November surged by 51%, reaching over 50,000 units compared to 33,000 last year. Bike sales also rose by 26%, totaling 578,000 units. Meanwhile, tractor sales…

Government Approves Revised Settlement Agreements with 8 More IPPs

The federal cabinet has approved revised agreements with 8 independent power producers (IPPs), leading to a reduction in electricity tariffs and saving Rs. 238 billion for the national treasury. This…

Lieutenant General (Retd) Faiz Hameed Formally Charged in Field General Court Martial

Lieutenant General (Retd) Faiz Hameed, the former head of ISI, has been formally charged in the Field General Court Martial. The charges include involvement in political activities, violations of the…

Hafiz Naeem-ur-Rehman Announces Distribution of 10,000 Laptops for Karachi Students Through Ban-o-Qabil IT Courses

Hafiz Naeem-ur-Rehman, Ameer of Jamaat-e-Islami Pakistan, has announced the distribution of 10,000 laptops to students who successfully complete the Ban-o-Qabil IT courses. Speaking to thousands of candidates in Gulshan-e-Iqbal, he…

Punjab Distributes 30,000 Scholarships Under Hunhar Program, Laptop Scheme to Launch in January

Maryam Nawaz led the scholarship distribution ceremony in Lahore, benefiting 12,000 boys and 18,000 girls, including students from top institutions like GIK and FAST. She emphasized merit-based awards, announced a…

Pakistan Stock Exchange Continues Bullish Trend; 100 Index Surpasses 104,000 Points

The Pakistan Stock Exchange remains in a bullish phase, with the 100 Index gaining 603 points at the start of trading. The market continued its upward trajectory, closing with a…