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Central bank keeps policy rate unchanged at 11.5pc

The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday kept the interest rate unchanged at 11.5 per cent. The decision was announced by SBP Governor Jameel Ahmed during a press conference. At the outset of the press conference, the governor said, “MPC has decided to keep the policy rate unchanged at 11.5pc”. “There were several reasons for this, but I would like to explain some background: every time we hold committee meetings in January and July, we also issue projections for the next six months and what would be the level of economic growth, inflation outlook and situation of the external account; I will share that assessment as well.” The governor explained that in the first half of the previous year, inflation was declining; however, “the fallout from the Middle East crisis impacted our domestic situation”. “From July to February, our average inflation was 5.5pc,” which he said was within the government’s target range of 5-7pc. Analysts had expected the ...

Public holiday in Sindh on Wednesday for Shah Abdul Latif Bhittai’s urs

The Sindh government has declared a public holiday on Wednesday (July 29) on account of the annual urs of Sufi poet Shah Abdul Latif Bhittai. According to the notification shared on Monday, the provincial government has declared July 29 as public holiday throughout the province for all government offices, autonomous bodies, semi-autonomous bodies, corporations and local councils under its administrative control, except for essential services. The notification was shared by the Sindh Information Department on the social media platform X. The three-day annual urs of Shah Abdul Latif Bhittai is held every year from Safar 14 at his final resting place in Bhit Shah. from Dawn - Home https://ift.tt/dp50VPb

In Spectrum: Satluj: The film India could not watch

In South Asia, the state has often existed in tension with society, asserting control not only over governance but also over history, memory, and legitimacy, while society is forced to negotiate or submit to official narratives. Rather than reinforcing one another, the political and social spheres frequently become antagonistic, with the imperatives of postcolonial state-building overriding justice, dissent, and collective memory. It is against this backdrop that Satluj, inspired by the life of human rights activist Jaswant Singh Khalra, assumes significance beyond cinema as an effort to reclaim a contested history. Its removal from ZEE5 only two days after its July 2026 release in India highlights the persistent struggle over who has the authority to narrate the past and whether censorship can erase, or merely delay, historical memory. Originally produced as Punjab 95, Honey Trehan’s film traces Khalra’s investigation into enforced disappearances and illegal cremations during Punjab...

PMD issues Glof alert for northern areas as several GB areas cut off for 5th consecutive day

The Pakistan Meteorological Department (PMD) on Sunday issued a glacial lake outburst flood (Glof) alert for Gilgit-Baltistan and Khyber Pakhtunkhwa for the first week of August. Meanwhile, commuters were stranded in various parts of GB as road access to several areas remained cut off for the fifth consecutive day due to flash floods and Glofs . In continuation of the alert issued on July 17, the combined effect of warm thermal regime and ongoing intermittent precipitation was likely to continue across GB and KP till the first week of August, the PMD said. “This significant warming with intermittent rain will substantially accelerate snow and ice melt in the glaciated valleys of these regions,” it added. Consequently, the Met Office said that water levels in river streams of these valleys were likely to remain high, the existing glacial lakes might rapidly expand with an increase in their water levels, and new glacial lakes were likely to form due to a high volume of melted water...

KP Governor Kundi says over 1,300kg of explosives used in Tank checkpost attack

DERA ISMAIL KHAN: Khyber Pakhtunkhwa Governor Faisal Karim Kundi on Sunday said that more than 1,300 kilogrammes of explosives were used in the recent attack on a Tank checkpost that resulted in the martyrdom of 15 people, including 14 security personnel. The governor made the remarks while speaking to journalists at the Regional Police Office in Dera Ismail Khan after attending a security briefing on the law and order situation in the region. DI Khan’s District Police Officer (DPO) Ziauddin Ahmad and Tank DPO Abdul Samad Khan were also present on the occasion. Kundi described Friday’s attack on the Manji Khel checkpoint in Tank as a tragic incident in which he said personnel of the Pakistan Army, police and the forest department embraced martyrdom in the line of duty. More than 1,300 kilogrammes of explosives had been used in the attack, he said, adding that it showed the scale and sophistication of the terrorism threat. The KP governor called for a unified national response to ...

Israeli settlers torch 2 mosques in West Bank: Palestinian officials

Palestinian officials said Israeli settlers set fire to two mosques in the occupied West Bank overnight on Sunday. Violence in the Israeli-occupied West Bank has surged since the Israeli assault on Gaza began in October 2023. Abdel Azim Wadi, mayor of the town of Qusra, south of the city of Nablus, told AFP that settlers torched a mosque under construction in the southern part of the town. “The fire destroyed the mosque’s entrance and even damaged its stonework,” Wadi said. He added that the attackers spray-painted Hebrew graffiti on the mosque’s walls, including the word “revenge”. The Israeli military said troops were dispatched to the outskirts of Qusra after receiving a report that a mosque had been set ablaze. “The soldiers searched for suspects who had fled prior to their arrival and identified signs of arson and graffiti at the scene,” it said, adding that Israeli police would investigate and collect evidence. In a separate incident, Israeli settlers set fire to a mosque...