SBP injects Rs2.43 trillion in the market on January 4, 2025The State Bank of Pakistan (SBP) injected Rs2,429.65 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday. The SBP conducted Open Market Operation, Reverse Repo Purchase (Injection) on January 03, 2025 for 7-day and 28-day tenors and, as per results issued, accepted an amount of […]
First mega boxing event coming to Pakistan on Jan 25 on January 4, 2025Renowned Pakistani boxer and World Youth Champion Usman Wazir termed the first-time organization of the World Boxing Championship on Jan 25 in Pakistan a good initiative that helps to promote boxing. The players from five countries, including Indonesia, Iran, Thailand, and France, will compete in ten matches for the title. As the event will be […]
SBP injects Rs823 billion in the market on January 3, 2025The State Bank of Pakistan (SBP), on Thursday, injected Rs823.45 billion in the market through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO). The SBP conducted Open Market Operation, Reverse Repo Purchase (Injection) on January 2, 2025 for 8-day tenor and, as per results issued, accepted an amount of Rs627.95 billion […]
PSX stays bullish, gains 111 more points on January 3, 2025The 100-Index of the pakistan stock exchange (psx) continued with bullish trend on Thursday, gaining 111.57 points, a positive change of 0.10 percent, closing at 117,119.66 points as compared to 117,008.08 points on the last trading day. A total of 1,037,862,969 shares were traded during the day as compared to 956,274,456 shares the previous trading […]
Rupee sheds 9 paisa against dollar on January 3, 2025Pakistani rupee on Thursday depreciated by 09 paisa against the US dollar in the interbank trading and closed at Rs278.64 against the previous day’s closing of Rs278.55. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs278.20 and Rs 279.70 respectively. […]
Pakistan formally begins 2-year term at UNSC on January 3, 2025Pakistan on Wednesday officially began its two-year term (2025-26) as a non-permanent member of the UN Security Council, the world body’s power centre. “As a non-permanent member of the UNSC, Pakistan will play its active role in promoting the principles and purposes of the UN Charter, including the right to self-determination of peoples under foreign […]
‘CM Solarization for Agricultural Tubewells’ programme announced on January 3, 2025Punjab Chief Minister Maryam Nawaz Sharif has announced the launch of the ‘Chief Minister Punjab Solarization for Agricultural Tubewells’ programme. The program would help convert 8,000 agricultural tubewells in Punjab to solar energy, promoting sustainability and easing the financial burden on farmers. The Punjab government will provide a substantial subsidy of Rs. 9 billion for […]
Pakistan’s total liquid foreign reserves stand at $16.41 billion on January 3, 2025The total liquid foreign reserves of Pakistan stood at US$ 16,408.7 million as of December 27, 2024 while the reserves held by the central bank were recorded as $ 11,710.5 million. The State Bank of Pakistan, Thursday, reported that foreign exchange reserves held by the central bank “decreased by US$ 143 million to US$ 11,710.5 […]
SC to hear Imran Khan’s election rigging plea on Jan 7 on January 3, 2025The Supreme Court (SC) constitutional bench on Thursday fixed hearing of PTI founder Imran Khan’s plea against alleged rigging in the general elections 2024. A SC seven-member constitutional bench would hear the case on January 7, 2025. Imran Khan had filed the petition through his counsel Sher Afzal Marwat against the alleged rigging in the […]
Bugti chairs cabinet meeting, makes vital decisions for interest of public on January 3, 2025Balochistan Chief Minister Mir Sarfraz Bugti on Thursday chaired provincial cabinet meeting and made important decisions for wider interest of public and the province. These views were expressed by Balochistan Government’s spokesman Shahid Rind in press conference here. He said that the release of funds for the Balochistan Water Resources Development Sector Program was approved […]