ogood2054

Credit flow weakness limits growth potential

LAHORE: Pakistan’s macroeconomic conditions are showing signs of stabilisation, supported by a moderate growth recovery and improved external buffers, though the outlook remains fragile amid inflationary pressures and global uncertainties. Within this environment, the more critical issue lies in the allocation of private-sector credit rather than its overall availability, says ICMA Research and Publications. In…

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Ukraine strikes create climate disaster

. KYIV: Ukrainian drones struck Russia’s Black Sea port of Tuapse on Friday for the fourth time in 16 days as authorities struggled to cope with a mounting environmental disaster from toxic black smoke clouds and oil leaking into the sea. Ukraine’s SBU security service said drones had again struck the sea port and refinerythat…

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Robot tracks sperm whale conversations

. NEW YORK: Deep beneath the ocean surface, sperm whales swim through the dark waters, clicking to each other in bursts of sound that can travel for kilometres. Now, scientists say they are beginning to follow those exchanges in real time using an autonomous underwater robot that can track whales by listening to their voices….

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Two new polio cases reported in K-P

ISLAMABAD: The National Emergency Operations Centre (EOC) has confirmed two new polio cases in Khyber-Pakhtunkhwa (K-P), raising the total number of cases in Pakistan to three in 2026. The cases were reported from Bannu and North Waziristan districts. Officials reiterated that polio remains incurable but can be prevented through timely vaccination. The EOC stressed the…

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PM orders fast-track rules for virtual assets

LAHORE: Prime Minister Shahbaz Sharif on Friday directed that an effective regulatory system for virtual assets in line with international standards should be operationalised as soon as possible The remarks came as Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal bin Saqib called on the prime minister. The prime…

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Drone attack injures 3 at Bajaur match

ISLAMABAD: At least three people were injured in a terrorist drone attack on a cricket ground in the Mamund area of Khyber-Pakhtunkhwa’s Bajaur district on Friday, according to state media. According to state broadcaster PTV News, the attack was carried out using a quadcopter in the Shahi Tangi area of Mamund tehsil while a cricket…

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Inflation spikes to two-year high of 10.9%

ISLAMABAD: Inflation rose to a near two-year high of 10.9% in April, driven by global supply shocks and the government’s decision to fully pass on higher fuel costs to consumers, in addition to raising petroleum levy, sending energy, transport and food prices soaring. The Pakistan Bureau of Statistics reported on Friday that for the first…

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Postponed exams to be held today

. RAWALPINDI: Papers postponed due to arrangements linked to peace-related developments involving Islamabad and international engagements will now be held today, Saturday, according to the revised schedule issued by the Rawalpindi Board of Intermediate and Secondary Education. Controller of Examinations Tanveer Asghar Awan said the postponed matriculation Urdu compulsory papers will be conducted as per…

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