10 h. ago ECC demands fair access for farmers left out of Rs37.5bn loan scheme

The Economic Coordination Committee (ECC) has expressed concern over the exclusion of small farmers from Punjab and Sindh in a new Risk Coverage Scheme. The scheme, developed to provide financial support to farmers in underserved areas, currently covers only Khyber Pakhtunkhwa and Balochistan. The ECC has now asked the State Bank of Pakistan (SBP) to […]

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11 h. ago Pakistan’s federal debt hits Rs76 trillion – A new record high

Pakistan’s federal government debt has reached an unprecedented level of Rs76,045 billion (Rs76.045 trillion) as of May 2025, marking the highest figure in the country’s history, according to official data released by the State Bank of Pakistan (SBP). The SBP’s monthly debt bulletin shows that domestic debt accounts for Rs53,460 billion, while external debt stands […]

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11 h. ago SBP pumps Rs13 trillion into banks to calm liquidity jitters

The State Bank of Pakistan (SBP) injected over Rs13 trillion into the banking system on July 4, 2025. The move aimed to maintain short-term liquidity and support banks during inflationary pressure. This included Rs12.647 trillion through conventional Open Market Operations (OMOs), mostly in 14-day instruments at an 11.03% return. Additionally, SBP carried out a Shariah-compliant […]

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13 h. ago How many bank accounts hold deposits below Rs 50,000 in Pakistan?

KARACHI – A recent breakdown of commercial bank accounts’ balances in Pakistan reveals a significant concentration of low-value deposits, highlighting

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14 h. ago Update for Punjab Kisan Card holders on payment withdrawal from bank accounts

LAHORE – The Government of Punjab, under the Chief Minister’s Wheat Support Program, has successfully transferred financial assistance to eligible

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15 h. ago World bank injects $55M to digitally upgrade Pakistan’s power discos

The World Bank has approved an additional $55 million in financing to support Pakistan’s power sector reforms, specifically targeting Hyderabad Electric Supply Company (HESCO) and Peshawar Electric Supply Company (PESCO). The funding is part of the Electricity Distribution Efficiency Improvement Project (EDEIP), designed to modernize outdated systems and enhance the operational and financial performance of […]

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27 h. ago Pakistan seeks chinese, AIIB investment for key road projects

Pakistan is ramping up efforts to attract foreign investment in its road infrastructure sector, with Federal Minister for Communications Abdul Aleem Khan holding crucial meetings in Tianjin, China, with top officials from China Road and Bridge Corporation (CRBC) and the Asian Infrastructure Investment Bank (AIIB). During talks with CRBC Chairman Du Fei, the minister presented […]

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32 h. ago Bonanza Satrangi staff stands firm amid shocking assault video

A disturbing video circulating on social media shows a woman physically assaulting a male employee at Bonanza Satrangi’s outlet in Centaurus Mall, Islamabad. The footage reveals the woman slapping, kicking, and yelling at the employee while overturning racks and pulling clothes off hangers. Despite the aggression, the employee remained calm and did not retaliate. Several […]

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54 h. ago State Bank of Pakistan’s foreign reserves jump by $3.663 billion

KARACHI – Pakistan’s liquid foreign reserves stood at $18,091.1 million as of June 27, 2025. According to the data shared

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60 h. ago Likud ministers push Netanyahu to annex West bank before Knesset break

Fifteen Israeli cabinet ministers from Prime Minister Benjamin Netanyahu’s Likud party have signed a petition urging immediate annexation of the Israeli-occupied West Bank. The push comes ahead of Netanyahu’s upcoming meeting with U.S. President Donald Trump, where they are expected to discuss a 60-day Gaza ceasefire and hostage release deal. The ministers, joined by Knesset […]

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62 h. ago Qaumi Bachat new profit rate on Regular Income Certificates from July 2025

KARACHI – The Central Directorate of National Savings, commonly known as Qaumi Bachat bank, has once again slashed the profit

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2 d. ago World has failed to prevent atrocity crimes in Gaza & Kashmir: Pakistan

Pakistan has told the UN General Assembly that the ‘Responsibility to Protect’, once heralded as a global commitment that aims to prevent and respond to atrocity crimes, including genocide, has been “rendered meaningless” by selective application, double standards, and politicization. “Gaza, Kashmir, and countless other situations bear witness to its moral bankruptcy — and to […]

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3 d. ago Govt opens hajj 2026 registration, sets july 9 as final deadline

ISLAMABAD – The government has officially launched the mandatory registration process for Hajj 2026, setting July 9 as the final deadline for all intending pilgrims from Pakistan. According to the Ministry of Religious Affairs, applicants can register either through the dedicated online portal or by visiting any of the 15 designated banks nationwide. This step […]

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3 d. ago Civilian dead, two terrorists killed as Mastung govt offices comes under attack

Balochistan government spokesperson Shahid Rind confirmed that a 16-year-old boy lost his life in a terrorist attack in Mastung district, while two India-backed terrorists were gunned down during a counter-operation carried out by security forces. According to Rind, the attackers targeted key government installations including the tehsil office, a local bank, and other administrative buildings. […]

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4 d. ago Pakistani student team wins Best AI Use Award at APAC Solution Challenge

RAWALPINDI: A team of students from Pakistan’s Institute of Space Technology (IST), Islamabad, has won the Best AI Use Award at the 2025 Asia-Pacific (APAC) Solution Challenge, a prestigious global tech competition supported by Google and the Asian Development Bank (ADB). The competition featured more than 750 teams from 12 countries across the Asia-Pacific region, […]

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4 d. ago Two killed, several injured as militants storm FC HQ, MCB Bank in Balochistan’s Mastung

QUETTA – Balochistan continues to witness insurgency and now militants stormed FC headquarters, and a bank. The deadly terrorist attack

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4 d. ago Deadly Mastung attack kills two terrorists, claims life of young boy

  According to the Balochistan government, the terrorists also set three vehicles ablaze and torched vital documents at the Tehsil office. They looted bank cash and records, further intensifying the panic in the area. The injured were rushed to Ghaus Bakhsh Raisani Hospital for emergency treatment. Responding swiftly, security forces including the Frontier Corps (FC), […]

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4 d. ago Bank Alfalah debit card fees in latest schedule of charges from July 2025

KARACHI – Bank Alfalah has released its updated Schedule of Bank Charges (SOBC) for the period July to December 2025,

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5 d. ago Union leader linked to illegal power theft at Dhabeji pumping station

Authorities in Dhabeji have uncovered a significant power theft operation linked to a union leader at the Karachi Water and Sewerage Corporation’s (KWSC) Dhabeji Pumping Station. During an operation on Sunday, KWSC officials disconnected several illegal electricity connections, all of which were traced back to a residence allegedly controlled by a union leader. The residence, […]

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5 d. ago PBA Strongly Refutes Misleading Claims on Remittance Subsidies

  Karachi, June 30, 2025 – The Pakistan Banks Association (PBA) strongly rejects misleading assertions in recent press coverage suggesting that government subsidies to banks under remittance incentive schemes serve no economic purpose. Such narratives dangerously undermine public confidence at a time when Pakistan’s financial stability depends on robust formal remittance flows. When the Pakistan […]

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