Inflation expected to rise to 9.1% q

SBP likely to hold rate, SPI falls to 9.66% but remains in double digits for the poor KARACHI: Pakistan’s inflation trajectory appears to be turning less comfortable just as the economy enters the new fiscal year, with rising food prices and renewed uncertainty over global energy markets threatening to push the cost of living higher….

Read More

Organisers panic as Sinner, Djokovic pull out

TORONTO: The Canadian Open expressed disappointment over the withdrawals of Jannik Sinner and Novak Djokovic from next week’s tournament in Montreal, saying the recurring absence of top players from ATP 1000 events had become a broader issue for the sport. Sinner withdrew on Friday to ​prioritise his health nearly two weeks after retaining his Wimbledon…

Read More

Croatia Olympic official quits

ZAGREB: A Croatian Olympic Committee official arrested over alleged corruption has quit, the body said Friday in the latest fallout from a graft scandal at the country’s ski federation. The arrest comes as investigators seek the extradition of former alpine ski director Vedran Pavlek, who is currently held in Kazakhstan, over allegations that he led…

Read More

AJK Election Commission warns against code of conduct violations ahead of polls

Chief election commissioner says peaceful voting must be ensured at all costs as phased balloting begins on July 27 MUZAFFARABAD/ MIRPUR: The Azad Jammu and Kashmir (AJK) Election Commission on Saturday warned political parties against violating the code of conduct during the general election campaign, saying such violations would not be tolerated under any circumstances…

Read More

FBR officers on performance watch

ISLAMABAD: About 40% officers of the Federal Board of Revenue (FBR) considered for promotion have been placed on the performance watch list due to their competency and integrity issues while suspension cases have tripled over the past two years, said the tax authorities. In a background briefing, the tax authorities said that financial integrity was…

Read More

Pogacar breaks Alpe d’Huez record

L’ALPE D’HUEZ: Tadej Pogacar stormed to victory in a record-breaking time on Alpe d’Huez amid a “crazy atmosphere” on Friday’s 19th stage as he extended his overall lead at the Tour de France. Having launched his attack with 12km left, the reigning champion finally caught Richard Carapaz and Lenny Martinez inside the final two kilometres….

Read More

Pakistan vows stronger bilateral cooperation with Belarus, Central Asian states on SCO sidelines

FM Dar exchanges views on regional developments in meeting with Belarusian, Uzbek, Tajik, and Kazakh counterparts Deputy Prime Minister and Foreign Minister Ishaq Dar holding meetings on the sidelines of the Shanghai Cooperation Organisation Council of Foreign Minister’s meeting in Cholpon-Ata, Krgyzstan, with Belarusian Foreign Minister Maxim Ryzhenkov (top left), Foreign Minister of Kazakhstan Yermek…

Read More

Gold eases despite global price recovery

KARACHI: Gold prices in Pakistan declined on Friday even as international rates posted modest gains, reflecting a lagged impact amid global uncertainty over oil prices and monetary policy. According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association, the price of gold per tola settled at Rs427,436 after dropping Rs4,600 during the day….

Read More