State Bank Keeps Policy Rate Unchanged at 11.50% Amid Inflation and Global Market Uncertainty

Karachi (HRNW)- The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 11.50 percent for the next one and a half months. According to the committee, the decision was taken after a detailed review of the country’s economic conditions, inflation trends, and developments in global…

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Gold Prices Surge Sharply in Global and Local Markets, Per Tola Rate Rises by Rs10,800

Karachi (HRNW)- Gold prices witnessed a significant increase in both international and local bullion markets on Monday, continuing an upward trend for the third consecutive trading session. According to market reports, developments including the reported peace agreement between the United States and Iran, the announcement regarding the lifting of the US naval blockade, and a 4…

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Finance Minister Says No Stock Market in the World Matches Pakistan Stock Exchange

Karachi (HRNW)- Federal Finance Minister Muhammad Aurangzeb has said that there is no stock market in the world like the Pakistan Stock Exchange (PSX), highlighting growing investor confidence and expectations of further economic improvement in the country. Addressing the gong ceremony at the Pakistan Stock Exchange via video link, the Finance Minister said that the federal…

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Karachi Airport: Passenger Offloaded While Attempting to Travel to Saudi Arabia with Allegedly Fake Driving License

Karachi (HRNW): The Immigration Wing of Pakistan’s Federal Investigation Agency (FIA) has offloaded a passenger at Jinnah International Airport, Karachi, after he allegedly attempted to travel to Saudi Arabia using a fake driving license. According to an FIA spokesperson, the passenger was traveling on a valid work visa and Protector clearance to take up employment…

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Karachi: Zaman Town Police Arrest Motorcycle Lifters, Stolen Motorcycle Recovered

Karachi (HRNW): The Zaman Town Police of the East Zone conducted a successful operation and arrested two suspects involved in motorcycle theft. The arrested individuals have been identified as Hassan, son of Shama-ul-Alam, and Waseem, son of Noor Alam. According to police officials, a stolen motorcycle was recovered from their possession. The vehicle bears registration…

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MQM-P Leader Mustafa Kamal Announces ‘Mutahida Healthcare Committee’; Slams Pakistan’s Existing Network as a ‘Sick-Care System’

Karachi (HRNW): Muttahida Qaumi Movement-Pakistan (MQM-P) central leader Syed Mustafa Kamal has announced the formal establishment of the “Mutahida Healthcare Committee” to drive structural public health reforms, nominating Dr. Naeem Qaimkhani as its head. Outlining the core vision of the body, Kamal asserted that the committee will focus primarily on preventative medicine to protect citizens…

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Rs300 Million Looted from Cash Van in Karachi’s Federal B Area, Security Company Official Suspected

Karachi (HRNW)- A major cash van robbery involving approximately Rs300 million has been reported in Karachi’s Federal B Area, with police suspecting the involvement of a security company official in the incident. According to police officials, the robbery was carried out under a well-planned operation. Initial investigations have raised serious suspicions regarding the role of the…

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