Brokerage estimates transport index up 6.9%, food up 1.5% and SBP policy tightening KARACHI: Pakistan’s headline inflation is projected to rise to 12.2% year-on-year in May 2026 as mounting fuel and food prices outweigh relief from lower electricity charges, according to Optimus Capital Management. The brokerage expects the National Consumer Price Index (NCPI) to increase…
European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas arrives at the Foreign Office in Islamabad. PHOTO: RADIOPAK European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas arrived at in Islamabad for talks with Deputy Prime Minister and Foreign Minister Ishaq Dar on Monday, state broadcaster Radio Pakistan reported….
Total kinetic suspension plus a 1,000-person bilateral prisoner swap between countries are part of truce US President Donald Trump delivers remarks in the Rose Garden at the White House in Washington, DC, US, May 8, 2026. REUTERS United States President Donald Trump on Friday announced on social media that there would be a three-day ceasefire…
Warns that such unwarranted aggression could undermine ongoing peaceful efforts, conducive environment for dialogue The military leadership on Tuesday strongly condemned the recent Iranian attacks on Saudi Arabia’s petrochemical and industrial complexes, terming them an “unnecessary escalation” that threatened to spoil mediation efforts to bring the Mideast crisis to an end. Iran earlier attacked a…
Cruise missiles flew for about 7,869 to 7,920 seconds, anti-warship missiles for about 1,960 to 1,973 seconds The latest launches are North Korea’s fourth and fifth known ballistic missile tests this year [AFP] North Korea conducted another test of strategic cruise missiles and anti-warship missiles on Sunday as part of operational efficiency trials of its…
ISLAMABAD: US Assistant Secretary of State for South and Central Asian Affairs S Paul Kapur has expressed Washington’s interest in expanding economic cooperation with Pakistan, noting that American companies are keen to explore long?term investment opportunities in the country, according to an official statement issued on Wednesday. Kapur, accompanied by US Chargé d’Affaires Natalie A…
‘India fails to impose and effectively enforce forced labour import prohibition,’ office says in report Pakistan is doing the right things at the moment in navigating through a complex and uncertain global trade situation. It has recently announced major tariff reforms, due for the last 20 years. Photo: REUTERS The United States has proposed an…
GDP declines 0.1% as trade uncertainty, tariffs and falling investment pressure economy OTTAWA: Canada’s economy posted a surprise contraction in the first quarter versus the year before, making it two straight quarters of annualised decline – which some economists call a technical recession – as the country struggles with US tariff uncertainty. Gross domestic product…
The Pakistan Olympic Association (POA) has honoured Rizwan Aftab Ahmed in recognition of his contributions to the development and welfare of athletes in Pakistan, officials said on Sunday.Rizwan has emerged over the years as a committed supporter of Pakistani athletes, providing financial, medical and nutritional assistance aimed at improving performance at elite levels. His support…
ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with British High Commissioner Jane Marriott to discuss the evolving regional situation, its implications for global energy markets, and avenues for strengthening bilateral cooperation in Pakistan’s energy and minerals sectors, according to an official statement issued on Tuesday. During the meeting, both sides exchanged…