Breather in weekly SPI, YoY pace persists
WoW index eases 0.45% as tomato, LPG, fuel prices drop; yearly inflation stands at 11.94%…
Breather in weekly SPI, YoY pace persists
WoW index eases 0.45% as tomato, LPG, fuel prices drop; yearly inflation stands at 11.94% KARACHI: Pakistani households received some respite this week as the Sensitive Price Indicator (SPI) registered a notable decline of 0.45% for the week ended July 9, 2026, but the year-on-year reading remained in stubborn double digits. The decline offered partial…
Pakistan’s ambassador to US gifts ‘Trionda’ football to World Bank president
Pakistan-made World Cup ball underscores country’s global sports manufacturing prowess Pakistan envoy to US presenting Trionda football to World Bank president. Photo: X Pakistan’s envoy to the United States, Rizwan Saeed Sheikh, on Saturday presented the “Trionda” football to World Bank (WB) President Ajay Banga during a meeting highlighting the country’s globally recognised sports goods…
Pentagon releases new videos of UFOs
Latest release contains 40 files, including 14 documents, 19 videos, 4 audio recordings, and 3 images Imagery likely derived from an infrared sensor aboard a US military platform operating within the United States Central Command area of responsibility in 2022. A user uploaded this video to a classified network in June 2024. PHOTO: US Department…
ADB to advise on airport outsourcing
Airport to be outsourced to private operator under long-term concession framework The ADB listed Pakistan among 60 nations that may face 10% to 12.5% additional US tariffs from July 24. It said recent policy developments indicate US trade restrictions are likely to remain broad despite the Supreme Court’s invalidation. photo:REUTERS ISLAMABAD: The Privatisation Commission Board…
FM Dar calls for improved port connectivity to maximise Pakistan’s economic benefits
DPM Dar leads high-level review of port connectivity, trade facilitation. Photo: X Deputy Prime Minister and Foreign Minister Ishaq Dar on Saturday emphasised the need to improve port connectivity to maximise the benefits of Pakistan’s strategic geographical location. According to the Ministry of Foreign Affairs (MOFA), FM Dar chaired a high-level meeting on improving port connectivity,…
PM calls on stakeholders to recognize urgency of population rise, promote sustainable development
Says responsible, prudent population planning and management form the foundation of a welfare-oriented society PM calls on stakeholders to recognize urgency of population rise, promote sustainable development Prime Minister Shehbaz Sharif urged all stakeholders, including the federal and provincial governments, members of parliament, development partners, civil society, academia, the private sector, religious scholars, the media,…
Pakistan, US cite ‘significant progress’ in Washington trade talks
Andrabi says both sides ironing out differences, building convergence, with view to early conclusion of agreement Secretary Commerce Jawad Paul, who led the Pakistan delegation, characterised the talks as positive and appreciated the significant progress made during the negotiations. PHOTO: Tahir Andrabi on X Pakistan and the United States have made significant progress towards a…
NDC claims Qureshi unhappy with PTI leadership
LAHORE: Claims by the National Dialogue Committee (NDC) that jailed Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mehmood Qureshi expressed dissatisfaction with the party’s current leadership and the Tehreek Tahafuz Ayeen-e-Pakistan (TTAP) have triggered sharp denials from both organisations. However, senior PTI leaders privately acknowledged that concerns over the party’s engagement with imprisoned leaders remain genuine…
PM pins growth hopes on easier SME credit
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday underscored that providing easy financial facilities to various sectors is essential for sustainable economic development. He emphasized that banks should significantly increase the provision of loans to priority sectors, especially the small and medium enterprise (SME) sector, which is the backbone of the country’s economy. The prime minister…
PSX reports record Rs3.5tr Sukuk issuance
Finance ministry says debt-to-GDP ratio improves to 68.5% as govt advances reforms KARACHI: The Pakistan Stock Exchange (PSX), in collaboration with the finance ministry, hosted an investor briefing to discuss the country’s debt management strategy, Sukuk issuance and fiscal reforms, according to a statement on Friday. The session brought together senior ministry officials, PSX leadership,…
