August inflation seen jumping to 11%
KARACHI: Pakistan’s headline inflation is expected to accelerate to 11.0% year-on-year in August 2026, driven…
August inflation seen jumping to 11%
KARACHI: Pakistan’s headline inflation is expected to accelerate to 11.0% year-on-year in August 2026, driven primarily by higher food prices and increased petroleum costs. The National Consumer Price Index (NCPI) is projected to rise 1.0% month-on-month (MoM) in August, compared with a 0.6% MoM decline in August 2025. On a yearly basis, the expected 11.0%…
Salman vows Pakistan will bounce back
Pakistan captain Salman Ali Agha said his side must address serious shortcomings in batting, bowling and fielding after England crushed Pakistan by an innings and 103 runs in the first Test at Headingley on Friday. The defeat, completed inside three days, extended Pakistan’s poor run away from home and left Salman acknowledging that England had…
Nakashima pounds Fritz in Cincinnati upset
Brandon Nakashima is through to the semi-finals of the ATP-WTA Cincinnati Masters after a win over fellow American Taylor Fritz. Photo: AFP CINCINNATI: Brandon Nakashima continued his red-hot pace on Friday, knocking out sixth-seeded Taylor Fritz 7-6 (11/9), 4-6, 6-3 to reach the ATP-WTA Cincinnati Masters semi-finals. Unseeded Czech Sara Bejlek also advanced, backing up…
Govt approves army deployment in Rawalpindi under Article 245 for six months
Says move made to avoid any undesirable situation, respond effectively in any unforeseen situation Pakistani army soldiers patrol at D Chowk near the President’s House, as Pakistan prepares to host the US and Iran for the second phase of peace talks in Islamabad, Pakistan April 21, 2026. PHOTO: REUTERS The federal government on Saturday approved…
Fuel expenses jump 39% to Rs22b
Govt spent Rs6b more than budgeted on fuel in FY25, car monetisation policy violated ISLAMABAD: Despite enforcing a car monetisation policy that gives cash for transport to top bureaucrats, the federal government’s annual budget expenditure on fuel jumped to nearly Rs22 billion – an increase of 39% – even before the Middle East war began,…
South Asian Games talks set for Islamabad
The South Asian Olympic Council (SAOC) Executive Committee will meet in Islamabad on Sunday to discuss preparations for the 14th South Asian Games, which Pakistan is scheduled to host early next year. Delegates from across the region have begun arriving in the Pakistani capital ahead of the meeting, which is expected to focus on preparations…
Australia lose four wickets after folding Bangladesh for 64
SYDNEY: Australia lost four wickets as Bangladesh fought back on day one of the second Test with the hosts 132-4 after tea after a Mitchell Starc masterclass skittled the visitors for just 64. Skipper Pat Cummins won the toss in Mackay and his bowlers feasted on a fine day, determined to bounce back from a…
PTI files contempt petition in SC over alleged violation of order on Imran’s hospital transfer
Petition seeks the court to declare respondents guilty of contempt of court, punish them in accordance with law PTI Founder Imran Khan. Photo: File ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Saturday filed a contempt of court petition in the Supreme Court (SC) over the alleged violation of the court’s Tuesday order concerning the transfer of founder…
Banks urged to focus on private credit
SBP governor says reorientation needed, cites low credit penetration despite Rs69tr assets SBP Governor Jameel Ahmed during a press conference. Photo: SBP Meta KARACHI: Governor State Bank of Pakistan (SBP) has urged banks to reorient their business models towards stronger retail deposit mobilisation and greater private-sector financing, emphasising that the banking sector has a critical…
Trump says Iran not ready to make the ‘right deal’
This file image shows Islamic Revolutionary Guard during a parade. PHOTO: REUTERS The Iranian army said Saturday that its military doctrine is shifting from a “defensive to an offensive” posture, citing lessons from the country’s recent wars. Brig. Gen. Mohammad Akraminia, spokesman for the Iranian army, told state news agency IRNA that the shift had…
