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Business

Web Desk Karachi
Feb 10, 2025

Surge in banks’ investment in government papers hits Rs26 trillion

The data revealed that banks are reaping record profits, benefiting from high-interest rates around 22 percent throughout FY24, with returns on Treasury bills sometimes exceeding the policy rate.

Surge in banks’ investment in government papers hits Rs26 trillion

Iran says US draft framework proposes reopening Strait of Hormuz shipping

South Korea says Iranian missile likely used in attack on ship in Strait of Hormuz

Tax experts accuse FBR of blocking sales tax filings to raise extra revenue

Ghanaian nationals return home from South Africa amid anti-immigrant unrest

Field Marshal Asim Munir visits Zhob on Eidul Azha, meets troops on western frontlines: ISPR