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Staples, energy push SPI up by 3.2%

[ KARACHI: The Sensitive Price Indicator (SPI) for the week ended January 8, 2026 increased by 3.20% year-on-year (YoY), underscoring the continued pressure on household budgets, amid persistent food and energy inflation. The SPI, which tracks weekly price movements of 51 essential commodities across 50 markets in 17 cities, is a key gauge of short-term … Read more

5 children among 13 killed in Israeli strikes

Palestinian men re-erect a tent shelter, the day after the Israeli military shelled a tented camp housing displaced families, in the Gaza City. Photo: AFP GAZA CITY: Gaza’s civil defence agency said Israeli attacks in the Palestinian territory on Thursday killed at least 13 people, including five children, despite a ceasefire that has largely halted … Read more

What It Takes to Drill Into an Antarctic Glacier

What It Takes to Drill Into an Antarctic Glacier

new video loaded: What It Takes to Drill Into an Antarctic Glacier Our climate reporter Raymond Zhong meets with Paul Anker, a drilling engineer aboard the icebreaker Araon, to discuss the stakes, preparations and pressure of the mission to drill a hole in the Thwaites Glacier to measure the water beneath. By Raymond Zhong, Chang … Read more

‘I don’t need int’l law’, says Trump

Cancels second wave of attacks on Venezuela; Neighbours, allies sharply critical of US moves NEW YORK: President Donald Trump’s increasingly expansive view of US power, openly dismissive of international law and anchored instead in what he calls his “own morality”, is sending shockwaves across capitals as Washington deepens military, economic and political interventions from Latin … Read more

Planning Commission to be apex body for economic policy: Dar

[ . ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar on Friday stressed that the Planning Commission (PC) should function as the central clearinghouse for economic decisions, providing guidance to ministries and divisions to ensure policy consistency and coherent development planning, while supporting sustainable reforms to strengthen Pakistan’s economic governance. The … Read more

SOE net losses jump 300% in a year

[ Charging higher taxes from non-filers of income tax returns has become a source of easy revenue generation, rather than expanding the tax base. photo: file ISLAMABAD: The financial health of state-owned entities (SOEs) further deteriorated in the first full fiscal year of the government of Prime Minister Shehbaz Sharif, as their net losses increased … Read more

Court adjourns hearing on super tax for Jan 12

[ Taxpayers’ counsel contends withdrawal of petroleum concessions a violation of law Tax collection. Photo: file ISLAMABAD: The Federal Constitutional Court of Pakistan on Friday adjourned the hearing of a set of petitions related to super tax after the counsel for taxpaying companies concluded his arguments. The case will now be taken up again on … Read more