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Eid rush returns, inflation bites

[ With limited space for subsidies and a heavy reliance on indirect taxation, future budgetary measures could exert upward pressure on prices, particularly affecting urban consumers. Photo (file) LAHORE: The temporary relief given by Punjab, followed by the Sindh government, to keep markets open till late in the evening ahead of Eidul Azha has sparked … Read more

Should you trust AI for everything?

PUBLISHED May 17, 2026 From diagnosing symptoms and planning diets to deciding what to cook for dinner or what to gift a friend, Artificial Intelligence (AI) has moved into roles once reserved for medical practitioners or trusted confidants and, stranger still, for companionship itself. At the same time, it has become the first stop for … Read more

PSX down 3.2% as US-Iran peace push slows

[ KARACHI: The KSE-100 index at the Pakistan Stock Exchange (PSX) retreated 3.2% week-on-week, closing at 165,596 points, as lingering uncertainty over the pace of US-Iran peace negotiations weighed on investor sentiment. Despite the cautious mood, several positive domestic developments provided underlying support. On a day-on-day basis, the PSX commenced the week with a range-bound … Read more

Trump says Iran has interest in reaching deal

U.S. President Donald Trump speaks to the press, ahead of departing the White House for Joint Base Andrews en route to Beijing, China, in Washington, DC, US, May 12, 2026. PHOTO: REUTERS WASHINGTON: US President Donald Trump has said Iran has “an interest in reaching an agreement” as negotiations over the country’s nuclear program and … Read more

TOO SHEER, TOO SHORT, TOO MUCH

TOO SHEER, TOO SHORT, TOO MUCH

PUBLISHED May 17, 2026 KARACHI: Imagine going to a shopping mall to find ready-to-wear outfits for routine wear, going shop to shop for hours, and still, at the end, ending up with nothing in your bag, all because all the options fell short of a basic modest criteria. This is a struggle almost every Pakistani … Read more

Iran vows ‘enemy’ weapons shipments cannot cross Strait of Hormuz

Russia shares China’s position on Hormuz, calls for permanent ceasefire to reopen Strait Iranian Vice President Mohammad Reza Aref. PHOTO: ANADOLU AGENCY Iran’s First Vice President Mohammad Reza Aref said on Sunday that Tehran will no longer allow “enemy” military equipment to pass through the Strait of Hormuz. “We had given up our right of … Read more