KARACHI, April 28, 2026 — The State Bank of Pakistan (SBP) has introduced new guidelines to accelerate housing loan approvals, directing banks and financial institutions to process applications within a maximum of 15 working days under the government-backed Apna Ghar housing initiative.
(more…)Author: Faisal Shahnawaz
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Babar Azam’s century powers Peshawar Zalmi into PSL 11 final
KARACHI, April 28, 2026 — Peshawar Zalmi stormed into the final of the Pakistan Super League (PSL 11) after defeating Islamabad United by a commanding 70 runs at National Bank Stadium on Tuesday.
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Pakistan’s private sector credit boom skips manufacturing, warns ICMAP
KARACHI, April 28, 2026 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has flagged significant imbalances in the distribution of private sector credit in Pakistan, warning that uneven lending patterns are undermining industrial growth and long-term economic stability.
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Exchange companies line up for crypto licenses in Pakistan amid policy shift
KARACHI, April 28, 2026 — Pakistan is moving closer to formalizing cryptocurrency trading as exchange companies have approached regulators to obtain licenses, signaling a potential shift toward mainstream adoption of digital assets in the country.
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Toyota Pakistan Reduces Prices of Fortuner in Pakistan for Limited Time
In a surprising move that has grabbed attention across Pakistan’s auto sector, Toyota Indus Motor Company (IMC) has dramatically reduced the prices of its flagship Toyota Fortuner petrol variants.
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Banks, PSX to remain closed on May 1 for Labour Day
KARACHI, April 28, 2026 – Pakistan’s central bank said on Tuesday that all commercial banks and financial institutions will remain closed on Friday, May 1, in observance of Labour Day, a public holiday marked across the country.
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PSX plunges 1,100 points as SBP rate hike rattles investors
KARACHI, April 28, 2026 – Pakistan’s benchmark stock index fell sharply on Tuesday as investors reacted to an unexpected interest rate hike by the State Bank of Pakistan, dampening risk appetite and triggering broad-based selling across key sectors.
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PSX to Close on May 1 for Labour Day — Trading Halted Nationwide
Karachi, April 28, 2026 – The Pakistan Stock Exchange on Tuesday announced that it will remain closed on Friday, May 1, 2026, in observance of Labour Day, a public holiday declared by the Government of Pakistan.
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HBL hit with Rs13.7 million penalties in Q1 2026
Karachi, April 28, 2026 – Habib Bank Limited reported that it paid monetary penalties of Rs13.7 million during the first quarter of calendar year 2026, reflecting a notable increase compared to Rs11.29 million in the same period last year, according to its financial statement released on Tuesday.
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Bitcoin slides below $77,000 — weekly losses mount despite strong monthly surge
April 28, 2026 — The price of Bitcoin slipped further on Tuesday, falling below the $77,000 mark as short-term selling pressure continued to weigh on the world’s largest cryptocurrency, even as broader monthly gains remained intact.
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