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Author: Faisal Shahnawaz

SBP KIBOR

SBP releases KIBOR rates: Slight mixed movements ahead of monetary policy decision

April 24, 2026April 24, 2026Faisal Shahnawaz

Karachi, April 24, 2026 – The State Bank of Pakistan (SBP) on Friday issued the latest Karachi Interbank Offered Rates (KIBOR), showing minor fluctuations across different tenors compared to the previous day.

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SBP expected to maintain 10.50% rate as inflation pressures ease

April 24, 2026April 24, 2026Faisal Shahnawaz

Karachi, April 24, 2026 – The State Bank of Pakistan (SBP) is widely expected to maintain its benchmark policy rate at 10.50% in the upcoming Monetary Policy Committee (MPC) meeting scheduled for April 27, 2026, as analysts anticipate a continued cautious stance amid global uncertainty and mixed domestic inflation signals.

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Bitcoin BTC

Bitcoin holds near $77,800 despite weekly gains, annual drop persists

April 24, 2026April 24, 2026Faisal Shahnawaz

Bitcoin edged lower on Friday but remained on track for a weekly gain, as recent volatility highlighted mixed sentiment in the digital asset market.

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Murry

Murree Brewery profit jumps to Rs2.69 billion, declares higher dividend

April 24, 2026April 24, 2026Faisal Shahnawaz

KARACHI, April 24, 2026 – Murree Brewery Company Limited reported a rise in net profit for the first nine months of fiscal year 2025-26, driven by steady demand and improved margins, according to financial results released on Friday.

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Bangladesh Cricket

Bangladesh defeat New Zealand 2-1 in ODI series after 55-run win in Chattogram

April 23, 2026April 23, 2026Faisal Shahnawaz

Chattogram, April 23, 2026 – Bangladesh produced a commanding all-round performance to defeat New Zealand by 55 runs in the third and final One-Day International (ODI), securing a historic 2-1 series victory on Thursday in Chattogram. This marks Bangladesh’s first ODI series win against New Zealand in their last five bilateral series encounters.

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Pakistan Super League

Karachi Kings beat Lahore Qalandars in PSL 11 encounter

April 23, 2026April 23, 2026Faisal Shahnawaz

LAHORE, April 23, 2026 – A commanding performance from David Warner and a late onslaught by Khushdil Shah propelled Karachi Kings to a five-wicket victory over Lahore Qalandars in a high-scoring Pakistan Super League (PSL) Season 11 clash at Gaddafi Stadium on Thursday.

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imported cars

FBR announces mega vehicle auction in Peshawar with dozens of confiscated cars up for bidding

April 23, 2026May 1, 2026Faisal Shahnawaz

ISLAMABAD, April 23, 2026 – The Federal Board of Revenue (FBR) has announced a large-scale auction of confiscated vehicles under the Collectorate of Customs (Enforcement), Peshawar, offering a wide range of cars, SUVs, pickups and commercial vehicles to bidders.

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SECP Annual Report

PSX shows resilience despite global turmoil from US-Iran conflict: SECP

April 23, 2026April 23, 2026Faisal Shahnawaz

KARACHI, April 23, 2026 – Pakistan’s equity market demonstrated notable resilience during the third quarter of FY2025-26 despite global financial turbulence triggered by the US-Iran conflict, according to a quarterly review released by the Securities and Exchange Commission of Pakistan (SECP).

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foreign exchange

Pakistan forex reserves rise to $20.63 billion: SBP

April 23, 2026April 23, 2026Faisal Shahnawaz

KARACHI, April 23, 2026 – State Bank of Pakistan (SBP) reported a modest increase in the country’s total foreign exchange (forex) reserves, which climbed to $20.63 billion during the week ended April 17, reflecting continued external sector stability despite global uncertainties.

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SBP report on banking sector

SBP launches crop loan insurance scheme plus (CLIS+) to strengthen farmer protection

April 23, 2026April 23, 2026Faisal Shahnawaz

KARACHI, April 23, 2026 – The State Bank of Pakistan has launched the Crop Loan Insurance Scheme Plus (CLIS+), an upgraded version of its earlier crop insurance framework, aimed at enhancing financial protection for farmers and strengthening agricultural resilience in Pakistan.

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  • KMC launches drain cleaning drive in Karachi ahead of monsoon
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