KARACHI: The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR) for CY25, highlighting that the financial sector grew by 15.1% during calendar year 2025. The financial depth, measured by the assets-to-GDP ratio, increased to 67.1% while risks to financial stability subsided during the year. Banks’ balance sheet…
FIFA President Gianni Infantino defends ticketing policies for the World Cup at the Milken Institute Conference in Beverly Hills. Photo: AFP BEVERLY HILLS: FIFA president Gianni Infantino on Tuesday defended World Cup ticket prices, insisting that football’s global governing body was obliged to take advantage of US laws that allow tickets to be resold for…
Sunrisers Hyderabad’s Heinrich Klaasen and Ishan Kishan (AP Photo/Mahesh Kumar A.) Sunrisers Hyderabad’s batting juggernaut against Punjab Kings continues to rewrite the record books in the Indian Premier League, with their latest 200-plus total adding another chapter to a growing one-sided rivalry with the bat.With this effort, SRH now have eight 200-plus totals against PBKS,…
Underscores importance of acquiring niche, cutting-edge technologies, terming them absolute strategic necessity for PN Chief of the Naval Staff Admiral Naveed Ashraf chairs the Pakistan Navy’s Command and Staff Conference at Naval Headquarters on Wednesday. Photo: Pakistan Navy Chief of the Naval Staff Admiral Naveed Ashraf on Wednesday highlighted emerging threats in the maritime domain,…
ISLAMABAD: Commercial banks have shown little enthusiasm for the prime minister’s scheme to deliver subsidised electric bikes, approving only 4,075 applications, about 9% of those received, forcing the government to make major policy changes on Tuesday. With such a low approval rate, the government is set to miss its annual target of distributing 116,000 electric…
Atletico Madrid’s Argentinian coach Diego Simeone applauds the fans after his team’s Champions League semi-final defeat by Arsenal. Photo: AFP LONDON: Arsenal’s Champions League elimination of Atletico Madrid condemned Diego Simeone’s side to a fifth straight season without silverware, inevitably raising questions over the Argentine coach’s future. Asked if he had the strength to continue…
Former India spinner Ravichandran Ashwin may have stepped away from international cricket and the Indian Premier League, but he remains closely connected to the game through commentary and his growing presence as a digital analyst. From pre-match breakdowns to post-match reviews on his YouTube channel, Ashwin continues to offer detailed insights, often becoming part of…
Police allegedly use violence and arrest Aurat March leader Sheema Kermani and her companions outside the press club on Tuesday. Photo: X The Sindh government on Wednesday suspended three police officers for allegedly subjecting women and transgender individuals from the Aurat March to violence and arrest outside Karachi Press Club (KPC). A day earlier, the…
Senator Talha Mehmood expressed serious concern over the state of tourism infrastructure in Chitral ISLAMABAD: The Senate Standing Committee on Inter-Provincial Coordination has been informed that security concerns continue to pose a challenge in Chitral, with foreign tourists required to obtain a no-objection certificate (NOC) prior to visiting the district. The panel met under the…
Large-scale manufacturing (LSM) posted a mixed yet broadly positive performance in March 2026, reflecting an uneven recovery in Pakistan's industrial sector. The latest provisional data show that while annual growth remained strong, short-term indicators pointed to volatility and underlying structural challenges. On a year-on-year (YoY) basis, LSM output increased by 11.09% in March 2026 compared…