KARACHI, December 16, 2024: Ahmed Azeem Alvi, President of the SITE Association of Industry Karachi, has voiced his disappointment over the State Bank of Pakistan’s decision to reduce interest rates by just 200 basis points (2%). Despite widespread requests from the business community, he insists that a reduction of 500 basis points (5%) is necessary…
KARACHI, December 16, 2024: The much-anticipated Wrapped 2024 event by Spotify lit up Karachi, bringing together the year’s top artists, songs, and listeners in a vibrant celebration of music. The evening, filled with energy and excitement, was attended by an eclectic mix of music lovers, influencers, and local artists. The event, hosted by Zehra Merchant,…
KARACHI, December 16, 2024: In a groundbreaking move to enhance the efficiency of humanitarian aid in Pakistan, Zindigi, powered by JS Bank, has teamed up with Islamic Relief Pakistan. This collaboration aims to leverage advanced digital technology to streamline aid distribution, ensuring that vulnerable communities across Pakistan can receive support quickly, reliably, and transparently. The…
KARACHI, December 16 2024: Forensic experts at a symposium held at Dow University expressed concern over the limited role of forensic specialists in criminal investigations. They emphasized that excluding forensic experts from the medical board in Karachi obstructs the delivery of justice, as the current medico-legal system fails to assist crime victims in obtaining justice….
KARACHI, December 16 2024: The State Bank of Pakistan (SBP) has reduced the policy rate by 200 basis points, bringing it to 13%, effective December 17, 2024. This decision reflects the bank’s efforts to balance economic recovery and inflation stabilization. Headline inflation fell to 4.9% in November 2024, driven by lower food prices and the…