Pakistan faces rising fuel costs due to imports; govt balances price hikes with targeted subsidies and relief measures KARACHI: Fuel price increases in Pakistan almost always trigger a strong public reaction. That response is understandable, given the direct impact on household budgets. But these recurring adjustments, and the policy responses that follow, are best understood…
Petrol pumps will be equipped with digital tools, citizens will be allocated a fixed fuel quota for personal vehicles A worker fills a car’s tank at a fuel station amid concerns about rising fuel prices linked to the US-Israel conflict with Iran. Photo: Reuters (file) ISLAMABAD: The federal government has decided to implement a digital…
Prime Minister Shehbaz Sharif addresses the nation on Friday. SCREENGRAB ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced a reduction of Rs135 per litre in the price of high-speed diesel (HSD) and a Rs12 per litre cut in petrol from Saturday (today), passing on relief to consumers after a decline in international fuel prices. In…
ISLAMABAD: The Maritime Affairs Minister on Friday sought a detailed report on the hijacking of an oil tanker by pirates near Somalia, with 11 Pakistani crew members on board, and directed the relevant authorities to coordinate with the Foreign Ministry, Pakistan Navy and others for the recovery of the hostages. Initial details suggested that pirates…
Pakistan’s finance ministry had projected inflation would remain within a 5% to 6% range in January. PHOTO:FILE KARACHI: Pakistan’s weekly inflation surged to a 75-week high, with the Sensitive Price Indicator (SPI) rising 12.16% year-on-year (YoY) for the week ended April 16, 2026, signalling intense price pressure despite a temporary week-on-week (WoW) decline, according to…
The Special Investigation Unit (SIU) police claimed on Saturday to have arrested a notorious target killer, allegedly belonging to Muttahida Qaumi Movement-London (MQM-L) and involved in over 100 murders, during a targeted operation in Orangi Town. The police reportedly seized arms and ammunition from his possession as well. According to SIU SSP Irfan Bahadur, the…
Colombia’s Daniel Munoz scores a goal that was later disallowed. Photo: REUTERS MEXICO: Daniel Munoz fired Colombia into the World Cup Round of 32 on Tuesday, sealing a 1-0 win over DR Congo in Group K after goalkeeper Lionel Mpasi had threatened to turn the match into a night of frustration. Munoz struck the winner from the…
The Pakistan Tehreek-e-Insaf (PTI) on Saturday expressed hope for the success of the ongoing “Islamabad Talks” and yielding constructive outcomes. Delegations from Washington and Tehran are in Islamabad for negotiations aimed at ending the six-week-old Iran war, which has killed thousands across the Middle East, disrupted energy supplies, fueled inflation and slowed the global economy. The Iranian…
Abdullah Shafique 107 and Babar Azam 86 guide Pakistan to 266/2 at stumps. Photo: AFP/FILE PORT OF SPAIN: Abdullah Shafique struck his sixth Test century and Babar Azam closed in on a hundred as Pakistan reached 266-2 in reply to West Indies’ 344 on day two of the second Test in Trinidad on Monday. Just…
Proposal envisions bringing together leading govts to manage rapid development of advanced AI systems OpenAI’s backing signals a shift among leading AI developers who are increasingly calling for coordinated international oversight rather than purely national-level regulation. PHOTO: REUTERS OpenAI has expressed support for the creation of a global artificial intelligence governance body led by the…