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Pakistan inflation rate increases in September

PAKISTAN’S annual inflation rate rose to 3.88 percent in September from 3.56 percent in August, mainly due to an increase in food prices, the country’s Bureau of Statistics said on October 3.

On a month-on-month basis, prices increased by 0.20 percent in September, the bureau said.


The steepest rise in prices was in staple items garlic and pulses.

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Mehul Choksi

Mehul Choksi. (Photo credit: ANI)

Photo credit: ANI

Mehul Choksi loses final appeal in Belgium over extradition to India

BELGIUM's supreme court, the Court of Cassation, on Tuesday (9) rejected the appeal of fugitive diamond trader Mehul Choksi challenging the extradition request of India in connection with the £1.2 billion alleged bank fraud in Punjab National Bank, authorities in that country said.

Choksi, who escaped to Antigua and Barbuda in January 2018, days before the scam was detected, was spotted in Belgium, where he had reportedly sought treatment.

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