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Category: Economy

State Bank's decision to maintain the interest rate at 22 percent
  • Business

State Bank’s decision to maintain the interest rate at 22 percent

PNP DeskSeptember 14, 2023September 16, 202404 mins

Karachi: The State Bank has decided to maintain the interest rate at 22 percent while issuing the monetary policy. Inflation fell from the highest level of 38 percent in May to 27.4 percent in August. The news has been given. According to Express News, the State Bank has issued a new monetary policy in which…

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Domestic imports increase on annual basis in August
  • Business

Domestic imports increase on annual basis in August

PNP DeskSeptember 14, 2023September 16, 202403 mins

Imports from Saudi Arabia rose 5 percent last month to $437 million. Year-on-year imports from several countries have been recorded in August this year. According to the sources of the Ministry of Commerce, imports from Nigeria increased by 14,377% in August, while the volume of imports from Nigeria last month was 43.9 million dollars. According…

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State Bank announced to maintain interest rate at 22%
  • Business

State Bank announced to maintain interest rate at 22%

PNP DeskSeptember 14, 2023September 16, 202403 mins

In the monetary policy committee meeting of the State Bank of Pakistan (SBP), the interest rate has been maintained at 22 percent. Central bank inflation has fallen from a high of 38 percent in May this year and will continue to decline. According to the monetary policy statement, these factors remained for the committee’s attention…

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MQM and JUI agree to work together against PP in Sindh
  • Business

MQM and JUI agree to work together against PP in Sindh

PNP DeskSeptember 14, 2023September 16, 202405 mins

Photo: Screen grab Karachi: MQM-JUI delegation met in Karachi in which both parties agreed to work together against PPP. JUI Sindh General Secretary Rashid Mehmood Soomro arrived at the temporary headquarters of MQM Pakistan in Bahadurabad. After the meeting MQM and JUI leaders spoke to the media. The JUI delegation included Maulana Abdul Karim Abid,…

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Death toll from flooding in Libya could be 20,000;  Mayor Abdul Moneim Al-Ghaithi
  • Business

Death toll from flooding in Libya could be 20,000; Mayor Abdul Moneim Al-Ghaithi

PNP DeskSeptember 14, 2023September 16, 202403 mins

25% of the area was completely submerged due to the flood in Sharhar Darna, Libya, while others were destroyed, Photo: File Tripoli: The mayor of Darna, a city devastated by floods in Libya, Abdul Moneim al-Ghaithi, said that bodies are still being found during relief operations and according to our estimate, the number of casualties…

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Asia Cup;  Rain before Sri Lanka match, toss delayed
  • Business

Asia Cup; Rain before Sri Lanka match, toss delayed

PNP DeskSeptember 14, 2023September 16, 202402 mins

Both the teams will compete at the Colombo Cricket Stadium today (Photo: Twitter). The toss of the fifth match of the Asia Cup Super Four stage was delayed due to rain. It has rained before the toss of the scheduled Pakistan-Sri Lanka match in Colombo, which will delay the toss, the ground has been completely…

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Govt notices to DISCOs on petitions against additional taxes in electricity bills
  • Business

Govt notices to DISCOs on petitions against additional taxes in electricity bills

PNP DeskSeptember 14, 2023September 16, 202402 mins

13 types of taxes have been imposed in the electricity bills which is unfair to the people, the petitioner said The Peshawar High Court has issued notices to the federal government, discos and other parties on petitions filed against additional taxes in electricity bills. A hearing was held in the High Court on petitions filed…

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In Lahore, the citizen thwarted the incident by fighting with 3 robbers
  • Business

In Lahore, the citizen thwarted the incident by fighting with 3 robbers

PNP DeskSeptember 14, 2023September 16, 202402 mins

A motorcyclist named Abdul Rehman foiled the incident and forced the armed robbers to flee. Lahore: In the Harbanspora area, an unarmed citizen foiled the incident by confronting 3 robbers. Express News has obtained the CCTV footage of the incident and the encounter. In the street near Canal Bank, a motorcyclist named Abdul Rehman foiled…

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Pregnancy symptoms and treatment
  • Business

Pregnancy symptoms and treatment

PNP DeskSeptember 14, 2023September 16, 2024012 mins

After finishing his day’s work, he slept soundly, when he woke up early in the morning for prayer, he felt a slight pain behind his ear and it was difficult to open his mouth. When he looked at the mirror, he was surprised to see his face turned to one side. He had been attacked…

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The dollar continues to decline
  • Business

The dollar continues to decline

PNP DeskSeptember 14, 2023September 16, 202402 mins

File photo In the interbank, the dollar became cheaper by Rs 1.12 to Rs 297 70 paise. Yesterday, the dollar closed at 298 rupees 82 paise in the Interbank. On the other hand, Chairman Pakistan Forex Exchange Association Malik Bustan has said that the army chief has taken the burden that the civil government had…

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About PNP

Press Network of Pakistan (PNP), registered with the Government of Pakistan since January 2011, is an Islamabad-based global newswire service that takes pride about its unbiased news reporting both in English and Urdu languages.

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