Yearly SPI slows to 8.35%

Pakistan's short-term inflationary pressure eased as the Sensitive Price Indicator (SPI) rose 8.35% year-on-year in the week ended September 3, down from 9.04% a week earlier, marking a step down in the annual inflation trajectory. However, the moderation in headline inflation came alongside a 0.65% week-on-week increase in prices of essential commodities, signalling that consumers…

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‘London plan’ is ruling elite’s survival strategy, says Muhammad Ali Durrani

Former federal minister says PML-N, PPP losing support bank due to self-centred politics Senior politician and former federal minister Muhammad Ali Durrani. PHOTO: FILE ISLAMABAD: Senior politician and former federal minister Muhammad Ali Durrani described the so-called “London Plan” as a “survival plan” by the ruling elite to save their wealth, power and hold on…

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Challan holds Gul Plaza Association responsible for January fire, exonerates govt bodies

Tanveer Pasta named main accused as forensic report rules out explosive material, flammable liquid KARACHI: Police on Saturday submitted the challan in the Gul Plaza fire case before the Judicial Magistrate South, naming the Gul Plaza administration as the main responsible party for the incident and its President, Tanveer Pasta, as the main accused. Earlier…

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Trust in economic strength drops

One in seven Pakistanis considers economy strong amid high inflation, power outages While economic pressures continue to dominate people’s concerns, sentiment is gradually improving at the personal level, with stronger expectations for the future and greater comfort with household spending. Photo: file ISLAMABAD: The number of people believing in the strength of Pakistan’s economy has…

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Pakistan’s Asiad medal hopes fade

Bronze medalist Kishmala Talat of Pakistan attends the awarding ceremony for the Women’s 10m Air Rifle of Shooting at the 19th Asian Games in Hangzhou. Photo: AFP KARACHI: Pakistan will head to the Asian Games in Japan with its medal hopes resting on a handful of athletes as years of underinvestment, late preparations and the…

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PSG still winless in Ligue 1

Paris-Saint Germain are stunned by Monaco in Ligue 1 clash in Paris. Photo: AFP PARIS: Paris Saint-Germain’s slow start to the French season continued on Friday as the reigning European champions went in front only to lose 2-1 at home to Monaco, who are top of Ligue 1. Captain Marquinhos gave PSG the lead just…

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Gohar calls for football reset

Senior coach and former international urges merit, stability and stronger player development KARACHI: Pakistan’s senior football coach and former international Gohar Zaman on Saturday said that the country’s football needs to break away from short-term fixes, stressing it rather needs a system based on merit, coaching stability, and genuine player development. Gohar questioned the way…

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