SM

Educationist and Lahore Qalandar fan.

[colossalqureshi 🪐 @MWasayI]

SBP changed the savings deposit rule this week and it's a bigger deal than the headline makes it look.

Background first. For years banks were forced to pay a minimum profit rate on savings, the MDR, set at least 1.5% below the policy rate. It exists so a bank can't just take your money and pay you almost nothing for it. Fair rule.

But look at the size of what we're dealing with. Corporate and institutional deposits are more than half the entire banking system, roughly Rs14 trillion out of Rs27 trillion. A mountain of money that was sitting in banks earning a guaranteed floor.

Late 2024, SBP took that floor away for corporates. Now from August 1 they're going further, individuals holding more than Rs10m lose it too. Only the ordinary saver stays protected.

So what's the actual game here? Two things stacked together.

First, the banks. Remove the floor on that huge pile of big money and they can negotiate those rates down, an estimated 50 to 100 basis points off their cost of funds. That widens margins, and it helps the banks stuffed with corporate deposits the most, think Bank of Punjab.

Second, and this is the real one. SBP just launched InvestPak, where you can buy government securities directly. Take the guaranteed bank return away from big money and it has to go somewhere. T-bills and bonds are the obvious home. The state is herding large deposits out of the banks and into funding itself.

You and I aren't the target. Keep under 10m in savings and nothing changes for you. This whole thing is about where the big money sleeps, and the government has decided it wants that money working for the government.

Main toh August se dekhoonga banks kaise reprice karte hain.

[Kashif @kzkashif01]

In Lahore, a courageous girl instantly fired straight bullets at a young man harassing her on the road. She refused to be a victim and stood her ground. Self-defense is not a crime. Time to make streets safer for women! #Streetfighter６

[Abdullah Manzoor @iabdullah278]

#UBL ameen (Islamic Banking)—-United Bank Limited hits a new milestone by disbursing about PKR 1.18 billion through Wazir-e-Azam apna Ghar program—-(Prime minister housing finance diburstment)

#KSE100

[World of Statistics @stats_feed]

⚽ FIFA World Cup Balls: Manufacturing Locations

2026 — Pakistan 🇵🇰
2022 — Pakistan 🇵🇰
2018 — Pakistan 🇵🇰
2014 — Pakistan 🇵🇰
2010 — China 🇨🇳
2006 — Thailand 🇹🇭
2002 — Pakistan 🇵🇰
1998 — Pakistan 🇵🇰
1994 — Pakistan 🇵🇰
1990 — Pakistan 🇵🇰
1986 — Pakistan 🇵🇰
1982 — Pakistan 🇵🇰
1978 — West Germany 🇩🇪
1974 — West Germany 🇩🇪
1970 — West Germany 🇩🇪
1966 — England 🇬🇧
1962 — Chile 🇨🇱
1958 — Sweden 🇸🇪
1954 — Switzerland 🇨🇭
1950 — Brazil 🇧🇷
1938 — France 🇫🇷
1934 — Italy 🇮🇹
1930 — Uruguay 🇺🇾

[Laeeq Ahmad @iamlaeeqahmad]

A Pakistani will spend 3 hours cleaning phone storage.

To avoid paying Rs. 300 for more space.
He just burned Rs. 900 worth of his own time. And never noticed.

I was just listening to Kunal Shah's podcast. He nailed this issue.

We're paid monthly in the subcontinent. Never hourly.
So we never learn to price our own time.
That's why we watch 15 minutes of ads instead of paying Rs. 250 for Spotify.
That's why we DIY for 6 hours what a pro does in 45 minutes.

We don't think time has a price tag.
But the wealthy figured something else out entirely.
Don't just protect your time. Put your money to work so it buys your time back.

That's investing. Not gambling. Not a hobby.
A system where your rupees work while you sleep.

Start at https://t.co/FEo4KtMzXM free, no jargon, built for Pakistanis.
Stop spending time to save money. Start using money to save time.

[Stock Investor @HumayunInvests]

#PSO posted 81.19 EPS in 9 monthly results. Expected annual EPS 95-100.

Current Price: 357
P/E: 3.6x
Historical P/E: 6-8x

PSO Valuation based on Rs 100 EPS:
• 6x PE = Rs 600
• 7x PE = Rs 700
• 8x PE = Rs 800

#KSE100

[Waleed Saigol @waleedsaigol]

After an immensely impressive stabilisation phase, Pakistan is now transitioning towards a sustainable growth model. We need to be disciplined and stay the course - this is a test match not a T20 match. Patience is the key!

[Megan K. Stack @Megankstack]

Amazing quote from Stephen Miller's high school classmate in this new Jazeera documentary on him:

"Having grown up with him, it makes you realize that it isn't the smartest person you went to high school with who's running the country. It's the most shameless person."

[Shayan Baig @BaigShayan1234]

When PSX hit its record high of 191K in January 2026, leverage at that was around 120-140 bn PKR.

Today leverage stands at around 70 bn PKR. Thats a huge 50% drop from its peak.

What is interesting here is that Market is today at 170k levels that is just 10% drop from historic high. What does this mean?

This means our index now is largely being supported by owners money rather than borrowed money which is again very positive because it is showing true strength of the investment that has low corresponding risk. (less leveraged)

Purpose of the post is, Pakistan today is in a much much better position then it was in January 2026 with respect to

1. Reserves
2. Pak Afghan stand point
3. Peace role
4. T+1 settlement
5. PSX accounts opening
6. IMF Umbrella
7. Capital Markets penetration (Panda bonds)

We should be bullish on Pakistan! 🇵🇰

[Umer Rana @umer_rana1000]

Pakistan ETFs vs KSE-100 📊
5-year FY comparison of all listed PSX ETFs, with KSE-100 as benchmark.
Big takeaway: FY24 and FY25 were standout years, with JSMFETF, JSGBETF, UBLPETF and NITGETF showing strong performance, while KSE-100 delivered 89.24% in FY24 and 60.15% in FY25

[Ali Usman Qasmi @AU_Qasmi]

California-based Omar Khan has been obsessed with the Indus Valley civilization since he was a teenager. He has been running an excellent resource - https://t.co/Nv7JAHRftO, and now he has produced a captivating short documentary on Mohenjo daro. Do watch it. Amazing work.

Mohenjo daro: Unsealing an Ancient Indus City https://t.co/Z9CicNtreR via @YouTube

[Zohran Kwame Mamdani @ZohranKMamdani]

we both up now

[Nabeel Ali @Nabeel1124]

Ye kaum nahi maaf kerti 😂

[Sami Gold @souljagoyteller]

One of Pakistan’s founders was a Ukrainian Jew who converted to Islam at age 26 and changed his name from Leopold Weiss to Muhammad Asad. He also wrote one of the 20th century’s most influential Quran translations

[God @TheTweetOfGod]

Oh Piers.

[Jonathan Jakubowicz @JoJakubowicz]

El tipo que maneja Palantir estudió filosofía y la que maneja Anthropic estudió literatura.

Pa que sigan hablando paja de la gente que lee.

[The Lobster @LikeableLobster]

Switzerland will be spared.

[Aakash Gupta @aakashgupta]

In 1972, if you polled Yale Law School on which person in this photo would have the bigger political career, every single person would have picked the woman on the right. And they would have been wrong.

Three years before this photo, Hillary Rodham was already nationally famous. She delivered the first student commencement speech in Wellesley College's history, went off-script to publicly challenge a sitting U.S. Senator, received a seven-minute standing ovation, and landed in LIFE magazine's "Class of '69" feature alongside four other student leaders. She was 21. Bill Clinton was nobody outside of Georgetown.

At Yale, she was the one with the trajectory. After graduation in 1973, she joined the Watergate impeachment inquiry staff investigating Nixon. A Democratic political consultant named Betsey Wright moved from Texas to Washington specifically to help manage Hillary Rodham's career. Wright believed she had the potential to become a senator or president. Bill had returned to Arkansas to teach law and lost his first congressional race in 1974.

Hillary turned down his first marriage proposal. She later wrote that she "chose to follow my heart instead of my head" when she moved to Arkansas. She became one of two female faculty at the University of Arkansas Law School, founded the state's first legal aid clinic, then joined Rose Law Firm as its first female associate. By 1979 she was its first female partner. The National Law Journal named her one of the 100 most influential lawyers in America. Twice.

The income math tells the real story. Bill made $35,000 a year as governor. Hillary earned $110,000 at the firm plus $60,000 in corporate board fees from Walmart, TCBY, and LaFarge. From 1978 until they entered the White House in 1993, she out-earned him every single year. For 15 years, the future president of the United States was the lower-earning spouse.

In 1990, when Bill considered retiring from the governorship, Hillary thought about running for governor herself. He decided to run again. Two years later he won the presidency.

Two corduroy-wearing law students in 1972. The one holding the textbooks became president. The one with the national profile, the higher salary, and the political operatives already mapping her career became the person who followed him to Arkansas.

[Polymarket @Polymarket]

NEW: Stanford researchers found that overworked AI agents began embracing Marxist views.

[OpIndia.com @OpIndia_com]

Madhya Pradesh: 50 IAS officers purchase argicultural land on same day

Approve ₹3,200 crore bypass project, reclassify land as ‘residential’ and jack up property prices 11 times

https://t.co/TYX25Tmvrl