Food, machinery imports fuel 26% deficit spike
ISLAMABAD: Pakistan’s trade deficit widened by 26% in the first month of the current fiscal…
Food, machinery imports fuel 26% deficit spike
ISLAMABAD: Pakistan’s trade deficit widened by 26% in the first month of the current fiscal year – 2026-27, mainly due to a 19% increase in imports. According to data released by the Pakistan Bureau of Statistics, imports of various goods, including food items, vehicles, transport equipment and machinery, recorded significant growth. Food imports in July…
South Asian Games dates finalized
Pakistani athletes take part in the closing ceremony of the 13th South Asian Games (SAG) in Kathmandu on December 10, 2019. Photo: AFP ISLAMABAD: Pakistan will host the 14th South Asian Games from April 3-11 next year, with Islamabad, Lahore and Peshawar selected as host cities. The decision was taken at the Executive Committee meeting…
Real Madrid snatch late win at Espanyol
Bellingham scored before Carlos Espi’s late winner gave Mourinho a 2-1 victory over Espanyol Jude Bellingham opened the scoring in Los Blancos’ opening fixture of the season. Photo: AFP SPAIN: Jose Mourinho’s second spell in charge of Real Madrid began with a last-gasp 2-1 victory at Espanyol in La Liga on Saturday, with substitute Carlos…
US hits Canadian goods with 50% tariffs
Ottawa suspends negotiations, vows dollar-for-dollar retaliation as USMCA renewal clouds WASHINGTON/OTTAWA: The US imposed 50% tariffs on some Canadian goods on Saturday after the two longstanding allies failed to reach a trade deal, with each side accusing the other of derailing days of talks. The tariffs that came into effect just after midnight (0400 GMT)…
Pegula beats Swiatek to reach Cincinnati final
Jessica Pegula (USA) returns a shot against Iga Swiątek (POL) during the Cincinnati Open at Lindner Family Tennis Center. Photo: REUTERS CINCINNATI: Jessica Pegula rallied in the third set to topple defending champion Iga Swiatek and book a title showdown with Coco Gauff at the ATP-WTA Cincinnati Masters. World number three Pegula won a “crazy”…
JI chief announces nationwide strike, long march towards Islamabad after 12 Rabiul Awwal
Naeem says three ongoing sit-ins would continue, while protest camps would also be established in different cities Jamaat-e-Islami Emir Hafiz Naeemur Rehman. Photo: X/ File LAHORE: Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman on Sunday announced that the party would continue its sit-in until the withdrawal of the petroleum levy, followed by a shutter-down strike after…
Pakistan, Malaysia to boost ties
ISLAMABAD: Interior Minister Mohsin Naqvi held talks with Malaysian Home Minister Saifuddin Nasution bin Ismail in Islamabad, where both sides agreed to expand cooperation in counterterrorism, anti-narcotics efforts, cybercrime prevention, and immigration management. The meeting resulted in a decision to establish a Joint Working Group between the two interior ministries and strengthen intelligence-sharing mechanisms to…
Stock market slips 1.6% on Hormuz uncertainty
KSE-100 ends week lower by 2,938 points, also weighed down by domestic political noise KARACHI: Pakistan Stock Exchange (PSX) closed the week on a softer note, with the benchmark KSE-100 index settling at 177,167, down 2,938 points, or 1.63% week-on-week, amid lingering uncertainty about the US-Iran conflict and domestic political noise. After a volatile stretch…
Olise leads Bayern to Super Cup win
Bayern Munich’s Manuel Neuer lifts the trophy with teammates after winning the Supercup final. Photo: Reuters MUNICH: Michael Olise scored a goal and created another as Bayern Munich won 2-1 at old foes Borussia Dortmund in the season-opening German Supercup on Saturday. After a starring role with France at the World Cup, Olise was Bayern’s…
Gill, Padikkal fifties put India in control in Colombo
Sri Lanka’s Asitha Fernando (C) celebrates with teammates after taking the wicket of India’s captain Shubman Gill during the first day of the second Test at the Sinhalese Sports Club in Colombo on August 23, 2026. Photo: AFP COLOMBO: India built a solid platform on the opening day of the second Test against Sri Lanka…
