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Pakistan, EU to hold business forum

[ Minister stresses GSP Plus scheme as cornerstone for export growth, textile sector ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a detailed meeting with European Union (EU) Ambassador Raimundas Karoblis to discuss strengthening Pakistan-European Union economic relations, with a particular focus on the upcoming Pakistan-EU Business Forum scheduled for April 28-29, 2026, in … Read more

SPI inflation hits 75-week high

[ Pakistan’s finance ministry had projected inflation would remain within a 5% to 6% range in January. PHOTO:FILE KARACHI: Pakistan’s weekly inflation surged to a 75-week high, with the Sensitive Price Indicator (SPI) rising 12.16% year-on-year (YoY) for the week ended April 16, 2026, signalling intense price pressure despite a temporary week-on-week (WoW) decline, according … Read more

Russell backs Verstappen amid F1 criticism

George Russell reflects on Max Verstappen’s future in Formula One amid ongoing criticism of new regulations. Photo: REUTERS/FILE LONDON: Championship favourite George Russell said he would understand if Max Verstappen walked away from Formula One in the sport’s new era and he would not be surprised either way.Speaking to reporters via a video call on … Read more

Govt disburses Rs38b in fuel subsidy

[ Iran renewed attacks on the United Arab Emirates on Tuesday, causing oil loading at the port of Fujairah to be at least partly halted after the third attack in four days. FILE IMAGE: PIXABAY ISLAMABAD: While implementing the federal government’s decision to maintain fuel prices at an affordable level, the Oil and Gas Regulatory … Read more

Pakistan gets access to Russian seafood market

[ ISLAMABAD: Pakistan has tapped a $300 million Russian seafood market with approval of 16 local processing plants for export of their products. Russian seafood imports are estimated at around $3 billion and now Pakistan can make inroads into this vast market. At present, Pakistan’s overall seafood exports stand close to $500 million per annum, … Read more