Trade deficit narrows 39% as imports fall

KARACHI: Pakistan’s merchandise trade deficit narrowed by 39.46% month-on-month in May 2026, driven by a sharp decline in imports and a rise in exports, according to data released by the Pakistan Bureau of Statistics. The trade deficit stood at Rs721.6 billion in May 2026, compared with Rs1.19 trillion in April 2026. This represents an improvement…

Read More

Google breaks ground on Indian AI megahub

Vizag is being pitched as a landing point for submarine internet cables linking India to Singapore Tech giant Google on Tuesday marked the ceremonial start of work on its largest artificial intelligence hub outside of the United States with a groundbreaking ceremony in India. The firm promised in October 2025 to spend $15 billion over…

Read More

Capital to get new residential sectors

This aerial view shows partially submerged residential buildings following the overflowing of the Ravi River in Lahore on August 30, 2025.PHOTO:AFP ISLAMABAD: The federal government has decided to introduce two new residential sectors in the capital, with development work on Sectors F-12 and G-12 progressing rapidly. The Federal Government Employees Housing Authority (FGEHA) is preparing…

Read More

Kingsmen edge Karachi Kings in PSL

Hyderabad Kingsmen edge Karachi Kings in a thrilling last-over finish to claim their maiden franchise victory. Photo: PSL/FILE Muhammad Irfan Khan produced a composed yet explosive finish as Hyderabad Kingsmen chased down a daunting 189-run target to defeat Karachi Kings by four wickets in the 20th match of the Pakistan Super League (PSL) 11 at…

Read More

Pakistan questions UN experts over TTP presence in Afghanistan, cites multiple UN, int’l reports

Islamabad refers to the 35th, 36th, 16th and 37th UN Security Council monitoring team reports File photo of Tehreek-e-Taliban Pakistan militants. PHOTO: REUTERS Pakistan on Sunday questioned the position of United Nations human rights experts regarding the lack of “credible evidence” linking the banned Tehreek-i-Taliban Pakistan (TTP) attacks to Afghan soil, pointing to multiple UN…

Read More

Inter extend Serie A lead

Inter Milan staged a dramatic comeback against Como to strengthen their lead in the Serie A title race, moving nine points clear of Napoli. Photo: REUTERS/FILE MILAN: Inter Milan put one hand on the Serie A title on Sunday after coming back from two goals down to win 4-3 in a thrilling match at Como…

Read More