Islamabad: The IMF approved the standby arrangement agreement while approving Pakistan’s debt program. According to a statement issued by the International Monetary Fund, the Executive Board of the International Monetary Fund today approved SDR 2.25 billion (about $3 billion, or 111 percent of the quota) for Pakistan to support the authorities. 9 months Standby Arrangement…
Photo: File The State Bank of Pakistan (SBP) has said that the government of Pakistan has sold 663 billion worth of T-bills in a 15-day auction. According to the SBP announcement, 3-month bills worth 403 billion were sold in the auction. The cut-off yield of 3-month bills increased by 80 basis points to 22.799%. According…
Washington: It’s been 1 year since the James Webb Telescope was sent into space and today is its first ‘anniversary’. To commemorate this, NASA has released a photo of the birth of a star in the Rho Ophiuchi cloud complex. According to US media, the star-forming region pictured is about 390 light-years away from Earth,…
Photo: Screen grab Kolkata: A video of female passengers talking to each other while traveling in a local train is going viral on social media. In the video, the women can be seen slapping, punching and slapping each other and pulling each other’s hair, as well as shouting. Some women are also trying to mediate…
Islamabad: Finance Minister Ishaq Dar has confirmed that the United Arab Emirates has deposited one billion dollars into the State Bank account. In the video conference, the Finance Minister said that in the recent past, the UAE had announced a loan of one billion dollars, which was assured by the authorities in the Prime Minister’s…
Peshawar: Awami National Party’s confrontation against the Khyber Pakhtunkhwa governor could not be reduced, in which the Muslim League (N) also joined hands with the ANP and both parties became active to remove the governor from office. Awami National Party Khyber Pakhtunkhwa Spokesperson Samar Haroon Bilor while reacting to a private TV interview on behalf…
Photo: File Positive trend of Pakistan Stock Exchange (PSX) continued during the business day ahead of IMF board approval. The PSX benchmark 100 index rose 359 points to close at 45,514. 100 index remained in a band of 381 points during the business day. The highest level of 100 index today was 45 thousand 582….
The dollar depreciated by Rs 1.41 in the interbank market and by Rs 2 in the open currency market Karachi: The dollar continued to depreciate for the second day on Tuesday in both foreign exchange markets based on positive developments and expectations on the economic front. Due to which the inter-bank rate of the dollar…
China and India supported while the United States and Great Britain opposed; Photo: File Geneva: The resolution presented by Pakistan and the Organization of Islamic Cooperation in the United Nations Human Rights Council against the unholy courage of burning the Holy Quran in Sweden was approved by a majority despite the opposition of the United…
Photo: File The price of gold has fallen, the price of gold per tola in the country has decreased by 500 rupees. According to All Pakistan Gems and Jewelers Association, after this decrease, the price of gold per tola in the country became 2 lakh 4 thousand rupees. According to the association, the price of…
