Karachi, July 28: Pakistan’s central bank has decided to keep the benchmark policy rate unchanged at 11.5%, citing the need to maintain monetary stability while closely monitoring inflation, economic activity, and external sector developments. The decision, announced after the Monetary Policy Committee’s meeting, reflects the State Bank’s assessment that the current interest rate remains appropriate to guide inflation toward its …
Peshawar, July 28: The Chief Secretary of Khyber Pakhtunkhwa has sought to be removed as a respondent in the case concerning the Imran Rehai Force, arguing before the court that he has no direct administrative role in the matter. During the proceedings, the provincial government’s legal representatives maintained that the issues raised in the petition fall under the jurisdiction of …
Islamabad, July 28: In a major step toward modernizing Pakistan’s energy sector, the federal cabinet has approved amendments to the Oil Refining Policy, clearing the way for the production and nationwide rollout of Euro-V standard fuels. The revised policy is aimed at encouraging domestic refineries to upgrade their facilities through fiscal incentives and regulatory support, enabling them to produce cleaner …
ISLAMABAD: Pakistan’s Foreign Office (FO) on Monday strongly condemned remarks made by Indian Defence Minister Rajnath Singh regarding the Jammu and Kashmir dispute, calling them “highly provocative and irresponsible” and accusing New Delhi of undermining regional peace. In a strongly worded statement, the FO said Singh’s comments distorted internationally recognised facts about the disputed territory and reflected what it described …
Islamabad, July 13: The federal cabinet has approved amendments to Pakistan’s Oil Refining Policy, paving the way for the nationwide production and supply of Euro-V standard fuels as part of efforts to modernize the country’s petroleum sector and reduce environmental pollution. The revised policy is designed to encourage investment in refinery upgrades, enabling domestic refineries to produce cleaner fuels that …
