Pakistan News

    Phudi Rate In Lahore

  • Lahore police fugding figures big time to hide high crime rate

    LAHORE: The Lahore police allegedly fudged the statistics of crime incidence big time by refusing to register FIRs on 72pc of calls received on police emergency helpline from January till the first week of the current month...

    Obtained by Dawn, a first-of-its-kind report gives startling figures about the Lahore police’s peculiar way to show ‘outstanding performance to its senior bosses’...

  • Portfolio: Lahore Lahore hai

    Depicting Lahore in images is an old practice and its early patterns could be found in the miniature paintings of the Mughal era...

    Lahore, being the cultural hub, played a vital role in the arts, literature and culture in the mid-20th century; especially, visual art was inspired by the rich panoramic beauty of the walled city and life around its 13 gates, so an exclusive genre of cityscape came into existence, as early as the...

  • Cut in export refinance rate sought

    KARACHI: Exporters are seeking reduction in refinance rate after a recent cut in the policy rate by 100 basis points, from 8 to 7 per cent...

    Talking to Dawn leaders of trade bodies engaged in export business stated that the SBP should announce reduction in export refinance rate immediately...

  • US Fed meets on historic rate rise

    WASHINGTON: The Federal Reserve begins meeting Tuesday to weigh a landmark interest rate increase that will signal the end of more than seven years of crisis-era, easy-money monetary policy...

    But most analysts believe the Fed will decide nevertheless on a hike in the federal funds rate that should begin a series of increases over the coming two years...

  • Fed meets amid rate hike expectations

    The Fed is expected to announce at 2:00 pm (1900 GMT) that it is hiking the benchmark federal funds rate by a quarter point to 0...

    Take a look: US Fed meets on historic rate riseThe move, which the Fed has signalled for months, would represent the central bank’s confidence in the US economic outlook and also kick off a likely slow series of rate hikes to “normalise” central bank policy over the next two years...

  • India eye big win over Bangladesh to boost run-rate

    BANGALORE: India skipper Mahendra Singh Dhoni urged his big-hitters to improve their run-rate dramatically against Bangladesh on Wednesday or face the prospect of a humiliating early exit from the World Twenty20 on home soil...

    However India's run rate, which could determine who qualifies, is considerably worse than their rivals...

  • World Bank projects Pakistan’s GDP growth rate at 5.5pc for 2017-18

    KARACHI: The World Bank projects that Pakistan’s GDP growth rate will be 5...

    In its Pakistan Development Update, a biannual publication shedding light on the state of the economy and its future prospects, the global lender said the economic growth rate projection assumes that oil prices would increase slightly and that “political and security risks will be managed”...

  • IG recommends daily allowance for police at current revised rate

    LAHORE: Inspector General of Punjab Police retired Capt Arif Nawaz has recommended to the government to de-freeze the fixed daily allowance and grant it as per revised rates of 2017 to the policemen...

    Showing his grave concern, the IG stated that later the rate for the daily allowance was twice revised in 2012 and 2017 for the civil servants, but not for police employees...

  • What’s up with the exchange rate?

    ALMOST everywhere I go these days, there is one question that props up: is the rupee about to be devalued? This is one of the signs that an exchange rate adjustment is coming, and if you are asking yourself the same question, for whatever reason, you can be reasonably sure that just about everyone else is too...

    Feeding the growing anxiety around the exchange rate is the fate of Mr Dar, the finance minister...

  • Dollar rate inching up again

    KARACHI: The dollar rate is increasing in the open market despite two back-to-back meetings that the State Bank of Pakistan (SBP) recently held with currency dealers...

    The exchange rate reached Rs107...

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