Fuel hikes push SPI into double digits

KARACHI: The year-on-year inflation measured by the Sensitive Price Indicator (SPI) surged back into double digits, reaching 10.64% in the week ended September 17, as the fallout from the Middle East situation pushed up fuel prices and added to pressure on household budgets. The latest increase marked a sharp acceleration from the 8.62% year-on-year rise…

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Real Madrid lacking control before Atletico derby

Real Madrid’s Spanish forward Carlos Espi celebrates scoring his team’s third goal against Elche at Martinez Valero Stadium in Elche. PHOTO: AFP MADRID: Real Madrid coach Jose Mourinho admitted his team does not know how to control matches ahead of Sunday’s La Liga derby clash against Atletico Madrid. Before the first major test of Mourinho’s…

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Visa delay keeps Solano out of national camp

Former Peru international will join squad directly in Indonesia after applying for wrong visa category Pakistan head coach Nolberto Solano will join his team directly in Indonesia after a visa delay kept him away from the squad’s training camp in Islamabad ahead of the FIFA ASEAN Cup. The former Peru international and Newcastle United player…

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Public servants told not to feed sensitive data into AI

ISLAMABAD: Government employees have been barred from uploading classified documents and other sensitive information to public artificial intelligence (AI) tools under the National Cyber Security Handbook 2026-27 issued by the National Cyber Emergency Response Team. The handbook, issued under the Pakistan Information Security Framework 2026, lays down a set of rules governing the use of…

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‘Financial strain poses threat to fuel supplies’

ISLAMABAD: Oil marketing companies (OMCs) have played a significant role in keeping the country’s fuel supply chain intact, particularly during periods of heightened supply risks, but mounting financial pressures are now putting a strain on the industry’s ability to continue financing uninterrupted supplies. The Oil Companies Advisory Council (OCAC), which represents major OMCs, has raised…

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Israel seeks ‘compensation’ from US following Saudi F-35 deal: Report

Tel Aviv to seek purchasing weapons that Washington previously declined to approve, Israeli media reports Israel planned to ask for US additional defence capabilities as “compensation” after Washington agreed to sell F-35 fighter jets to Saudi Arabia, according to Israeli media. Tel Aviv will seek to purchase weapons systems that US President Donald Trump’s administration had…

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PSX gains 1,841 points on crude price relief

KARACHI: Pakistan Stock Exchange (PSX) extended its recovery on Friday, with the benchmark KSE-100 index gaining around 1,850 points, as easing crude oil prices and hopes of renewed US-Iran diplomatic engagement improved investor sentiment. At the close of trading, the KSE-100 index posted a gain of 1,841.39 points, or 1.09%, and settled at 170,884.59. Topline…

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Kane hits Bundesliga century as Bayern rout Union

MUNICH: Harry Kane scored twice in Bayern Munich’s 7-0 demolition of Union Berlin on Friday, becoming the fastest player to reach 100 Bundesliga goals. Kane scored his 100th and 101st goals in just 98 domestic games, obliterating the previous record set by Cologne’s Dieter Mueller in 1977 by 31 games. It’s the latest record that…

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