State Bank of Pakistan building is seen in this undated image. — SBP/FileThe Monetary Policy Committee of the State Bank of Pakistan on Monday announced its decision to maintain the existing policy rate unchanged at 11%.This marks the fourth straight MPC meeting…
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PSX slips as investors take profits after record rally

A Pakistani stockbroker monitors share prices during a trading session at the PSX in Karachi, on October 17, 2024. — INP
KSE-100 Index closed at 167,752.4 points, down 1,237.67 points, or -0.73%.Index recorded an intraday high of 169,326.35, up by 336.28 points, or 0.2%.Session…
Petrol price likely to go up by Rs6.6 per litre for next fortnight

A worker holds a fuel nozzle to fills fuel in a car at petrol station in Karachi, on September 16, 2023. — ReutersHike primarily due to changes in exchange rate, petroleum levy.Kerosene, light diesel prices may see decline in fortnightly review.Petrol likely to settle at new price of…
Crypto Could Help You Buy A House—But Washington Isn’t Sold
A group of top Senate Democrats is raising alarms over a move that could bring cryptocurrency deeper into the US mortgage system. The group is challenging a new directive by Federal Housing Finance Agency (FHFA) Director William Pulte, who wants to allow unconverted digital assets to count in mortgage underwriting decisions. Related Reading: Bitcoin Backfire: […]




