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[Inflationary pressures persisted in the country as the Sensitive Price Indicator (SPI) for the week ended September 25, 2025 recorded a year-on-year (YoY) increase of 3.95%, according to the Pakistan Bureau of Statistics (PBS). The weekly inflation gauge, which tracks movement in prices of 51 essential items across 17 urban centres, highlighted a mixed trend … Read more
Taylor Swift will not be performing at the Super Bowl halftime show after the NFL reportedly declined to meet her conditions for taking the stage, leading the singer to walk away from the deal. Industry insider Rob Shuter reported that the NFL approached Swift but refused to accommodate her demands: full ownership rights to her … Read more
ISLAMABAD: The Petroleum Division has decided to take up the issue of general sales tax (GST) exemption for petroleum products with the International Monetary Fund (IMF) in a bid to pave the way for investments of $6 billion in upgrading oil refineries. An IMF mission is already in Pakistan for programme review talks under its … Read more
LONDON: Former UK prime minister Tony Blair could take a leading role in a transitional authority for Gaza under US-led peace plans, various British media reported on Friday. It follows Blair’s involvement in discussions with the administration of US President Donald Trump and others over the post-war transitional body for the Palestinian territory. The plan … Read more
[ ISLAMABAD: The Cabinet Committee on Regulatory Reforms (CCoRR), chaired by Federal Minister for Investment Qaiser Ahmed Sheikh, on Friday reviewed and approved the third quarterly Regulatory Reform Package prepared by the Board of Investment (BOI). According to an official statement, the meeting marked another step in the government’s effort to modernise Pakistan’s regulatory framework … Read more
UNITED NATIONS: Sweeping UN sanctions look likely to return on Iran despite a last-ditch effort on Friday by China and Russia to secure a delay to allow further talks, diplomats say. European powers were urging Iran to reverse a series of steps it took after Israel and the United States bombed its nuclear sites in … Read more
[ ISLAMABAD: Minister for Power Division Awais Leghari said on Friday that circular debt would be completely eliminated within the next six years. He further said consumers would have to pay Rs3.23 per unit to retire the debt in the next five to six years. While addressing a press conference, he said circular debt had … Read more
KARACHI: If you have been online in the past few days, chances are an AI-generated polaroid picture has popped up on your feed. A young woman sits beside her childhood self in a faded, film-style picture. A man wraps his arms around Ariana Grande in a photo booth. A wife poses next to her husband … Read more
The Pakistan Stock Exchange (PSX) ended Friday's session with a spectacular rally as the benchmark KSE-100 index surged nearly 3,000 points to a historic high. The index settled above 162,250 after touching the intra-day peak of 162,422, the highest level in history. Bulls dominated the session from the opening bell, fueled by aggressive buying in … Read more
UNITED NATIONS: Chinese Premier Li Qiang warned Friday against a return to a “Cold War mentality” and defended multilateralism and free trade, in a veiled criticism of the United States from the United Nations. The Chinese premier made no explicit reference to US President Donald Trump as he addressed the UN General Assembly. But he … Read more
