Category archives for: Latest News

Monetary Policy to Remain Unchanged

It was recently revealed that the State Bank of Pakistan is about to release a new monetary policy. While many were expecting that the discount rate would change with the upcoming monetary policy, the IMF and the inflation rate did not allow this to happen. This is the reason why it was recently revealed that […]

Multibillion Rupees to be Allocated for Projects

metro

It was recently reported from Islamabad that during the upcoming budget of 2014-2015, the government is expected to finance multibillion rupees mega development projects in Pakistan. These projects include the likes of Lahore-Karachi motorway, Metro Bus Service and other projects which are going to be collaboration between Pakistan and China. These projects include road linkages, […]

Mohammad Wasim Reveals Hafiz was not supported by Senior Players

It was recently revealed by Mohammad Wasim that the current captain of the Pakistani T20 side, Mohammad Hafeez, was never really backed by the senior players of the team. Wasim stated that even though the management always claims that they are preparing for the next World Cup, they are actually not. In fact, he believes […]

Khamenei Hits Out at US for Sowing Discord between Iran-Pakistan

Ali Khamenei, Nawaz Sharif

The current Prime Minister of Pakistan, Mian Mohammad Nawaz Sharif, met up with Iran’s supreme leader, Ayatollah Ali Khamenei. The two discussed serious matters amongst each other. During these talks, Khamenei managed to directly hit out at the US for sowing seeds of discord between the relationship of Pakistan and Iran. He directly held Washington […]

Gas Discovered in Pakistan

It was recently reported from Islamabad that Mari Petroleum Company Limited (MPCL) has managed to discover a gas reserve with significant amount of fossil fuel in the district of Sujawal. The announcement made by the representatives of MPCL claimed that this is the first hydrocarbon discovery in the Lower Goru Upper C-Sand. Many thought that […]

SBP to Announce New Monetary Policy on May 16

It was recently revealed from Karachi that the State Bank of Pakistan is almost on the verge of making the new monetary policy and it is going to reveal it as soon as May 16, 2014. Analysts claim that all expectations regarding the cutting of discount rates have died down. Since currently Pakistan has a […]

NTDC Reveals Countrywide Load shedding Ends for Now

It was recently reported from Lahore that a representative of The National Transmission and Dispatch Company came out in the open and claimed that currently the nationwide electricity load shedding has been stopped. The representatives of NTDC revealed that the current weather in the country and the rain has bridged the demand and supply gap […]

Peter Believes Misbah is better than Imran Khan

Peter Oborne recently came out in the open and spoke about how great Misbah Ul Haq is as a captain for the Pakistani team. He compared the current Pakistani captain to the likes of Imran Khan and Abdul Hafeez Kardar. He even claimed that Misbah Ul Haq could be better than both of them. Peter, […]

Meezan Bank to Acquire HSBC Pakistan

hsbc

It was recently reported from Karachi that HSBC has decided that they are going to handover their local operations to Meezan Bank. Now HSBC has entered the list of several foreign banks who have decided to pack up their business from Pakistan. Since the beginning of the financial crisis which struck Pakistan in the year […]

Imran Khan Demands Formation of New Election Commission

Imran Khan addressing PTI rally

Imran Khan while addressing a protest rally in the capital city of Islamabad on May 11, 2014 has demanded resignation of members of the Pakistan election commission as “people no longer have confidence in them”. According to reports about 25,000 Pakistan Tahreek-i-Insaf supporters gathered at the D-Chowk to register their protest against , corruption, unemployment, […]

Think-tank predicts 6% growth for Pakistan in the coming year

ishaq dar

Following the completion of one full year of PML-N as the ruling party of Pakistan, a think-tank has predicted a high 6% growth in the economy next year. Pakistan, headed by industrialist Mian Mohammad Nawaz Sharif, has gained billion in terms of aid and loan, which has greatly improved the overall economic conditions of the […]

Mushtaq Ahmed appointed Spin-bowling consultant

mushtaq ahmad

Legendary leg-spinner Mushtaq Ahmed has been appointed as the spin-bowling consultant for the Pakistan Cricket team. Mushtaq Ahmed was previously employed by the England Cricket team for the same post and his coaching greatly improved the English spin bowling.  The Pakistan Cricket Board (PCB) appointed Mushtaq Ahmed, who us the second big name to be […]

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