Experts welcome SBP’s monetary policy decision, but piqued over volatile inflation out-turn on March 22, 2021Economists and stock market experts have welcomed State Bank of Pakistan’s (SBP) decision to keep the benchmark interest rate unchanged at 7 percent for the fourth consecutive time, while viewing growth as well-anchored, but warned of inflationary pressure which could upend the central bank’s projections. SBP’s Monetary Policy Committee (MPC) on Friday decided to maintain […]
SBP keeps benchmark interest rate unchanged at 7% for fourth time on March 20, 2021The State Bank of Pakistan (SBP) on Friday kept the benchmark interest rate unchanged at 7% for the fourth time, while viewing growth and inflation expectations as well-anchored although, it said, Covid-19 still poses challenges to the economic outlook. A meeting of the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7% […]
SBP likely to keep status quo on policy rate on March 19, 2021State Bank of Pakistan (SBP) is likely to keep policy rate on hold in the upcoming Monetary Policy meeting scheduled to be held on 19th March 2021, for deliberation on monetary policy for next two months. In the previous policy announced in January the committee kept the policy rate unchanged at 7 percent. Many analysts […]
Stock Market Tragedy – When Investors lost over Rs 618 billion to political madness around Senate Polls on March 15, 2021Pakistan Stock exchange (PSX) was devoured in the political madness that was witnessed around Senate polls, which resulted in a loss of over Rs.618 billion to the public, after benchmark kse-100 index crashed nearly 3,351 points from March 4th to March 11th, 2021. The tragedy began, when the investors lost Rs.184 billion on the day, […]
PTI questions Chief election commissioner’s partiality on March 14, 2021Top leaders of the ruling Pakistan Tehreek-i-Insaf have raised questions about impartiality and partisanship of Chief Election Commissioner (CEC) Sikandar Sultan Raja. The reservations from the members of the ruling party came after the failure of Election Commission of Pakistan (ECP) to hold free and fair elections in the senate. Taking to twitter, Federal minister […]
$50,000 Bitcoin and the New World Order on February 18, 2021Bitcoin’s meteoric rise to $50,000 in the third week of February was yet another milestone achieved by the digital currency. But, as digital-coin holders and enthusiasts celebrate their gains,this phenomenon has sent political scientists wondering; if the rise of the nascent asset class has accelerated geo-political changes: melt down of existing world order. The year […]
India — a spectacle of ‘Flawed Democracy’ and a graveyard for dissent on February 13, 2021Ever since its Independence, India has struggled to keep the bickering union intact- mostly through brutal force and occupation, but while it still claims to be the most populace democracy in the world, data suggests, that the once shining India is becoming a graveyard for dissent and a poster child of “Flawed Democracy” In a […]
Pakistan’s new start with Biden administration hits a first stone on January 30, 2021Democratic Presidential Candidate Joe Biden Speaks On His “Build Back Better” Clean Energy Economic PlanEngaging with the new US administrations by the authorities in Pakistan, has always been a daunting task, as every new American president brings along a new set of wish-list for its long term ally in South Asia. While, the diplomatic circles […]
SBP keeps policy rate unchanged at 7 percent on January 23, 2021The central bank kept the benchmark interest rate unchanged at 7 percent on Friday, while viewing growth and inflation expectations as well-anchored, although it said Covid-19 was still posing challenges to the economic outlook. “At its meeting on January 22, 2021, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. […]
Biden administration: Pakistan to play pivotal role in Afghanistan Peace process on January 21, 2021Joe Biden says Trump is ‘first’ racist US presidentJoe Biden was sworn in as the 46th president of the United States of America on January 20th, becoming the oldest person ever sworn in to occupy the White House. The 78 year old democrat was sworn in at the Capitol Hill, as Washington remained on the […]