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Token rate cut

. The State Bank of Pakistan has defied market expectations and international lenders by cutting its key policy rate by 50 basis points to 10.5%. The decision follows four consecutive holds dating back to May and signals a major shift in priorities from inflation containment towards stimulating growth. While some analysts were bullish on the … Read more

What caused the 5.2-magnitude earthquake that jolted Karachi?

Expert urges quake preparedness for Karachi, says city sits near three-plate junction and multiple fault lines A 5.2-magnitude earthquake that struck Karachi on Tuesday night originated in the Sonmiani area of Hub district, where three tectonic plates—the Arabian Plate, the Eurasian Plate, and the Indian Plate—meet. This fact necessitates precaution on the part of Karachi … Read more