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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

Trump says US will hit Iran “very hard tonight” to seize Kharg Island

Transporters’ strike over highway insecurity paralyses parts of Balochistan

FCC questions Supreme Court’s Monal Restaurant demolition verdict

Pakistan warns India over water blockade threats

Iran closes Strait of Hormuz as US-Iran tensions escalate