SPI inflation surges to 13.98% YoY

Tomatoes cheaper by 27.65%, potatoes up 3.13% as 19 essential items become costlier Major increase were recorded in the prices of electricity charges for the first quarter (54.02%), LPG (50.68%), petrol (44.10%), diesel (36.76%), wheat flour (36.06%), onions (31.89%) and tomatoes (23.46%). Photo: file KARACHI: The Sensitive Price Indicator (SPI) has jumped sharply by 13.98%…

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Content creators fear new taxes

“Don’t discourage us,” digital voices oppose proposed tax on earnings, suggest classification framework KARACHI: Content creators and influencers across various digital platforms have urged the government to refrain from imposing new taxes on their earnings in the upcoming budget, arguing that the sector contributes valuable foreign exchange earnings while promoting informative and knowledge-based content for…

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London diaspora pledges support for investment

BoI minister woos overseas Pakistanis, highlights investor-friendly policies, global outreach ISLAMABAD: ISLAMABAD The Pakistani business community in London hosted a reception in honour of Federal Minister for Board of Investment Qaiser Ahmed Sheikh during his official visit to the United Kingdom, according to a statement issued on Saturday. The event was attended by prominent members…

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Eco-friendly plastics may not be as safe as believed, scientists warn

A growing industry faces new questions about long-term safety risks. Listen to article WORLDWIDE: Starch-based bioplastics, often marketed as sustainable and biodegradable alternatives to petroleum-based plastics, may pose similar health risks, new peer-reviewed research has found. Scientists who studied the effects of long-term exposure to bioplastics in mice reported toxic effects on organs, genetic functions, and gut…

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Digital wallet relief payments begin: PM

Prime Minister Shehbaz Sharif has said that money saved through government austerity and simplicity measures will be spent on the public. The premier chaired a meeting on Saturday to review petroleum reserves in the country and public relief measures amid recent regional tensions. He said, "Provision of relief funds to public transport and freight vehicle…

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SC defines ‘doctrine of complete justice’

Police officers walk past the Supreme Court of Pakistan building, in Islamabad, Pakistan April 6, 2022. REUTERS ISLAMABAD: The Supreme Court has held that the doctrine of “complete justice” is a broad and all-inclusive principle aimed at ensuring justice at all costs, so that fairness is not compromised or distorted based on mere technicalities. The…

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