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Pakistani Security Forces Kill 10 Terrorists in Follow-up Operation in Balochistan’s Zhob District: ISPR
ISLAMABAD,Pakistan’s military’s media wing, Inter-Services Public Relations (ISPR), said on Thursday that security forces eliminated 10 “Indian-sponsored” terrorists during a comprehensive sanitisation operation in Zhob district of Balochistan.The operation, conducted on Wednesday (February 25), was a follow-up to an intelligence-based operation (IBO) carried out on February 24 in the same area, in which eight terrorists…
State Bank of Pakistan Raises Interest Rate by 100 Basis Points to 11.5%
KARACHI — The State Bank of Pakistan (SBP) has increased its benchmark interest rate by 100 basis points, raising it from 10.5% to 11.5%, following a meeting of the Monetary Policy Committee (MPC).The central bank cited rising inflationary pressures and evolving macroeconomic conditions as key factors behind the decision to tighten monetary policy. The move…
Gold Sector Welcomes Lifting of Ban on Import and Export
By Muhammad Shahzad — Lahore, Pakistan LAHORE: The President of the Gold & Gems Art Promotion Council of Pakistan and Central Chairman of the Lahore Division Sarafa & Jewellers Association has lauded the government’s decision to lift the ban on the import and export of gold, calling it a long-awaited move that will bring significant…
