KARACHI: The State Bank of Pakistan (SBP) has been voted as the best central bank in promoting Islamic finance for the fourth time by a poll conducted by Islamic Finance News (IFN) of REDmoney Group Malaysia on Thursday. This is the second international award bestowed upon the SBP for Islamic Banking during FY21. Earlier, the Global Islamic Finance Awards (GIFA) …

ISLAMABAD: The government on Wednesday decided to announce soon a major economic package for Gilgit-Baltistan as promised before regional elections in November last year. In a meeting with the newly-elected leadership of Gilgit-Baltistan, the ministry of planning and development constituted two technical groups to finalise the integrated development plan on the pattern of the recently announced Karachi Transformation Plan. GB …

yy ISLAMABAD: Moody’s Investor Service on Wednesday forecast Pakistan economy will grow by 1.5pc during the current fiscal year and found Pakistani banks to be stable owing to government support but banking sector risks were growing. “Economic activity will remain below pre-outbreak levels, although the economy should return to modest 1.5pc growth in fiscal year 2021,” Moody’s said in its …

KARACHI: Stocks extended the ongoing rally on Wednesday when after opening in the green, the index continued to climb until it reached intra-day high by 392 points. Mid-day profit taking pulled the index down which managed to retain the day’s gains of 169.92 points or 0.37 per cent and crossed over the 46,000 level after 32 months at 46,091.96 points. …

Meghan Markle, who is living happy life in the US with her  husband Prince Harry and their son Archie, will not  return to UK  as she ‘hated’ being in Royal Family, according to new report. The Royal biographer Angela Levin has reportedly claimed that Prince Harry’s sweetheart did not like the UK because it was “too small for her”. “I …

Osman Bey’s wife  Bala Hatun survives  the attempt on her life after she is poisoned in the latest episode of “Kurulus:Osman”. The Bey of the Kayi tribe confronts Targun Hatun  and  holds her accountable for her actions. She is brought to Bey’s camp handcuffed before the  Turkish warrior  talks to her. Targun Hatun is portrayed by Zeynep Tugce Bayat who …

Pakistani education activist Malala Yousafzai promoted the love of reading books as she   opened up about her New Year resolution on Tuesday. The young Nobel Peace Prize Laureate and Oxford graduate, in a message on Instagram, said: “This new year I made a goal to read 84 books in 2021. ” The Nobel laureate also shared her candid picture on …

s Shakira  has sold over 80 million records and has a strong following on music streaming platforms Spotify and YouTube. The pandemic has all but shut down live concert earnings and a growing list of musicians have sought to monetise their back catalogues. Bob Dylan sold his back catalogue last month and he has been followed by others, such as …

US President Donald Trump has now become the first president in history to be impeached twice. After House of Representatives on Wednesday said he incited the Capitol Hill riots last week that resulted in the death of five people, the president was impeached for a second time with the final vote being 232 to 197 with 10 Republicans joining 222 …

British-Pakistani actor Riz Ahmed has tied the knot but has kept mum on the subject. The 38-year-old Sound of Metal actor revealed during Louis Theroux’s Grounded podcast that he stayed back in California after wrapping up a shoot for his film as his “wife’s family” was from the area. Theroux, per Us Weekly, told Ahmed what many of us were thinking: he didn’t realize The Reluctant …