Daily The Business

July consumer inflation accelerates to 10.3%

ISLAMABAD:  Pakistan’s consumer inflation rate accelerated to 10.3% year-on-year in July, from 8.9% a month earlier, driven by higher food and fuel prices, the Bureau of Statistics said on Thursday, underlining the growing squeeze on…

16 killed as rain wreaks havoc in Karachi

 KARACHI: At least sixteen people have been killed in rain related incidents across Sindh as heavy rains have lashed the province mainly its capital Karachi. Rain has been continuing in spells in Karachi as the low-lying areas are…

Beware of fake calls, warns State Bank

ISLAMABAD:The State Bank of Pakistan (SBP) has once again advised bank customers not to share personal information on fake calls on the pretext of biometric verification. “It has come to our knowledge that fraudsters are attempting to…