2 h. ago SBP Holds Interest Rate At 11% Amid Geopolitical Tensions in Middle East

The State Bank of Pakistan (SBP) decided to keep its policy rate unchanged at 11% on Monday, amid concerns that rising global commodity prices could add inflationary pressures due to ongoing tensions between Iran and Israel. The SBP had previously reduced the policy rate by 1,000 basis points in seven intervals since June 2024, bringing […]

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1 week ago CBD Punjab’s NSIT Silicon Block notified as Special Technology Zone by STZA

In a significant step toward strengthening Pakistan’s high-tech ecosystem, the Special Technology Zones Authority (STZA) has officially notified the CBD NSIT Silicon Block as a Special Technology Zone (STZ). This landmark development positions Punjab at the forefront of the nation’s digital transformation and underscores the region’s growing appeal to global and local tech investors. The […]

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3 w. ago India faces huge drop in foreign investment amid global concerns and U.S. pressure

India has recorded a sharp 96.5% fall in foreign direct investment (FDI) during the current financial year. According to the Times of India, the country received only $350 million in FDI, compared to $10 billion last year. This is the lowest figure reported in years. The report highlights that this drop is alarming for India’s […]

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3 w. ago India Blocks Kishanganga Water Flow, Violates Indus Waters Treaty: Tensions Escalate

ATHMUQAM – In a serious violation of the Indus Waters Treaty, India has stopped the natural flow of water from the Kishanganga Dam into the Neelum River, raising concerns in Pakistan. Officials in Athmuqam reported that water pressure in the river has dropped by 40 percent at eight different locations, severely affecting the ecosystem and […]

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3 w. ago Bitcoin hits record high above $109K as wall street embraces crypto

Bitcoin soared to a new all-time high on Wednesday, climbing 2% to reach $109,481.83 and breaking its previous January record. The digital currency’s surge follows a rebound in investor risk appetite after last month’s sell-off triggered by global trade tensions. Analysts say Bitcoin’s rally is closely tied to the tech-heavy Nasdaq’s recovery, which has jumped […]

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4 w. ago Oil prices climb for second week, but supply concerns weigh on market

Traders eye Iran, OPEC+ output as key factors ahead HOUSTON – Oil prices rose on Friday, marking their second straight weekly gain, as easing tensions between the US and China boosted investor confidence. However, expectations of increased global supply continue to put pressure on the market. Brent crude settled 88 cents higher at $65.41 per […]

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