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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NCCIA busts gang selling citizens’ data

ISLAMABAD: A gang allegedly involved in stealing sensitive data of prominent Pakistani individuals and selling it to foreign agencies has been busted, National Cyber Crime Investigation Agency (NCCIA) Director General Syed Khurram Ali said on Friday. Addressing a press conference in Islamabad, the DG said the NCCIA apprehended the group in South Punjab. “So far,…

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Man shot dead on way to court

Family stages protest, demands arrest of suspects, action against police officials KHANEWAL: A 22-year-old man was shot dead by armed assailants while on his way to attend a court hearing in Kabirwala, allegedly as a result of a long-standing tribal feud. The deceased, identified as Mursaleen Tayyab Hanjra, came under attack near Jhandeer Kassi in…

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Dubai enlists CEOs to help secure hub status

Pledges $681m support package to revive tourism, investment and business activity While a preliminary U.S.-Iran peace deal is easing the immediate strains, restoring business confidence in Dubai will take time and may require more incentives, six company leaders and analysts told Reuters. photo: reuters DUBAI: Days after Iran began striking targets across the United Arab…

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SBP’s forex reserves rise $43m to $17.19b

KARACHI: The State Bank of Pakistan’s (SBP) liquid foreign exchange reserves rose by $43 million to $17.190 billion compared to the previous week. Overall, the country’s total foreign reserves stood at $22.636 billion as of May 29, 2026, as per the latest data issued by the central bank. Breakdown shows that the net foreign reserves…

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Pakistan jumps 27 places in ITU’s ICT index

ISLAMABAD: Pakistan has recorded a significant improvement in the International Telecommunication Union’s ICT Development Index 2026, jumping 27 places with a 20% increase in its score, according to an official statement issued on Friday. According to the latest data, Pakistan’s ICT Development Index score increased from 56.4 in 2025 to 67.7 in 2026, showing a…

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