News Archives for Pakistan - 2026-05-20 - Business Recorder

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Pakistan - 2026-05-20

Prince Rahim Aga Khan V arrives in Pakistan on first official visit

Pakistan

Prince Rahim Aga Khan V arrives in Pakistan on first official visit

President Asif Ali Zardari received on Wednesday His Highness Prince Rahim Aga Khan V upon his arrival at Noor Khan...

Published 20 May, 2026 10:04pm

Operation ‘Ghazab-lil-Haq’ will continue: PM Shehbaz

Pakistan

Operation ‘Ghazab-lil-Haq’ will continue: PM Shehbaz

Says Pakistan remains fully committed to eradicating terrorism and ensuring peace, stability, and national progress through a people-centric approach

Published 20 May, 2026 02:09pm

CDA’s proposal to widen diplomatic enclave roads faces pushback

Pakistan

CDA’s proposal to widen diplomatic enclave roads faces pushback

CDA's plan for dual three-lane roads in Islamabad's Diplomatic Enclave sparks diplomat concerns over environmental damage and embassy boundary changes

Published 20 May, 2026 02:02pm

Govt declares May 26-28 public holidays for Eid-ul-Azha

Pakistan

Govt declares May 26-28 public holidays for Eid-ul-Azha

Pakistan announced on Wednesday a three-day public holiday to mark Eid-ul-Azha. As per a notification, Prime...

Updated 20 May, 2026 05:34pm

Sana Yousaf murder case: Umar Hayat sentenced to death

Pakistan

Sana Yousaf murder case: Umar Hayat sentenced to death

ISLAMABAD: A local court on Tuesday convicted Umar Hayat and sentenced him to death in the murder case of...

Published 20 May, 2026 02:34am

Audit objection about misuse of funds to Pak PWD reviewed

Pakistan

Audit objection about misuse of funds to Pak PWD reviewed

ISLAMABAD: A meeting of the sub-committee of the Public Accounts Committee (PAC) was held here on Tuesday under the...

Published 20 May, 2026 02:34am

ECP summons 9 ex-MPs linked to PTI for failure to submit wealth statements

Pakistan

ECP summons 9 ex-MPs linked to PTI for failure to submit wealth statements

ISLAMABAD: Despite already disqualifying nine lawmakers linked to Pakistan Tehreek-e-Insaf (PTI) from their...

Published 20 May, 2026 02:34am

KP CM’s convoy barred from entering Islamabad

Pakistan

KP CM’s convoy barred from entering Islamabad

ISLAMABAD: Islamabad Police on Tuesday barred a convoy of Khyber Pakhtunkhwa Chief Minister Sohail Afridi from...

Published 20 May, 2026 02:34am

3-month summer vacations: LHC seeks reply from secretary education

Pakistan

3-month summer vacations: LHC seeks reply from secretary education

LAHORE: The Lahore High Court on Tuesday sought reply from the secretary education in a petition of All Pakistan...

Published 20 May, 2026 02:34am

Eid-ul-Azha: KE urges public to observe electrical safety

Pakistan

Eid-ul-Azha: KE urges public to observe electrical safety

KARACHI: As Eid-ul-Azha approaches, K-Electric (KE) urges citizens to adopt essential safety measures and strictly...

Published 20 May, 2026 02:34am

Public expenditures for child welfare: UNICEF, Sindh govt and Sindh Assembly hold comprehensive review

Pakistan

Public expenditures for child welfare: UNICEF, Sindh govt and Sindh Assembly hold comprehensive review

KARACHI: UNICEF Pakistan, in collaboration with the Government of Sindh and the Sindh Assembly, organized a...

Published 20 May, 2026 02:34am

PM vows to defend sovereignty at all costs

Pakistan

PM vows to defend sovereignty at all costs

QUETTA: Prime Minister of Pakistan Muhammad Shehbaz Sharif visited Command & Staff College, Quetta and addressed...

Published 20 May, 2026 02:34am

E-Gate project: PPRA initiates probe into award of Rs20bn contract

Pakistan

E-Gate project: PPRA initiates probe into award of Rs20bn contract

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has initiated a probe into the award of a Rs20 billion...

Published 20 May, 2026 02:34am

Lahore, Pindi property values revised

Pakistan

Lahore, Pindi property values revised

ISLAMABAD: The Federal Board of Revenue (FBR) has revised values of immovable properties of Lahore and Rawalpindi....

Published 20 May, 2026 02:34am

Foreign-sponsored terrorism cannot block progress: CDF

Pakistan

Foreign-sponsored terrorism cannot block progress: CDF

RAWALPINDI: Chief of Army Staff (COAS) and Chief of Defence Forces (CDF) Field Marshal Syed Asim Munir has...

Published 20 May, 2026 02:34am

‘AI can spin the wheel of Pakistan’s economy’

Pakistan

‘AI can spin the wheel of Pakistan’s economy’

LAHORE: As artificial intelligence reshapes the global economic order, Pakistan faces a narrow but significant...

Published 20 May, 2026 02:34am

ECO region member states set to boost economic cooperation: Atif

Pakistan

ECO region member states set to boost economic cooperation: Atif

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and...

Published 20 May, 2026 02:34am

GHAs directed to operationalise online payment systems

Pakistan

GHAs directed to operationalise online payment systems

KARACHI: The Pakistan Customs has directed all Ground Handling Agents (GHAs) to operationalise online payment...

Published 20 May, 2026 02:34am

Pak-China ties remained resilient, ‘iron-clad’ for 75 years: diplomat

Pakistan

Pak-China ties remained resilient, ‘iron-clad’ for 75 years: diplomat

ISLAMABAD: Shi Yuanqiang, Deputy Head of Mission at the Chinese Embassy in Islamabad, said that China–Pakistan...

Published 20 May, 2026 02:34am

Freelance payments: Payoneer, Upwork extend partnership

Pakistan

Freelance payments: Payoneer, Upwork extend partnership

KARACHI: Global financial technology company Payoneer and freelance marketplace Upwork have extended their...

Published 20 May, 2026 02:34am

Digital banking summit today: Senior executives, key stakeholders to hold consultations

Pakistan

Digital banking summit today: Senior executives, key stakeholders to hold consultations

KARACHI: The 12th Annual Mobile Commerce & Digital Banking Summit and Exhibition, will be held here on Wednesday...

Published 20 May, 2026 02:34am

Australia celebrates its enduring partnership with Pakistan

Pakistan

Australia celebrates its enduring partnership with Pakistan

ISLAMABAD: The Australian High Commission celebrated Australia Day in Spring 2026 in Islamabad, bringing together...

Published 20 May, 2026 02:34am

National Assembly session adjourned for want of quorum

Pakistan

National Assembly session adjourned for want of quorum

ISLAMABAD: Proceedings of the National Assembly on Tuesday could not continue due to a lack of quorum after a member...

Published 20 May, 2026 02:34am

SC explains how departmental proceedings against FIA employees can be conducted

Pakistan

SC explains how departmental proceedings against FIA employees can be conducted

ISLAMABAD: The Supreme Court held that departmental proceedings against employees of the Federal Investigation...

Published 20 May, 2026 02:34am

Number of members for calling meeting: PBC objects to proposed amendment to Rule 87 (C)

Pakistan

Number of members for calling meeting: PBC objects to proposed amendment to Rule 87 (C)

ISLAMABAD: Eight members of the Pakistan Bar Council (PBC) objected to the proposed amendment in Rule 87 (C) of...

Published 20 May, 2026 02:34am

TTAP to hold nationwide protest on 22nd

Pakistan

TTAP to hold nationwide protest on 22nd

ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf (PTI), in coordination with Tehreek-e-Tahaffuz-e-Aain-e-Pakistan...

Published 20 May, 2026 02:34am

Pakistan condemns Israeli attacks on interception of flotilla

Pakistan

Pakistan condemns Israeli attacks on interception of flotilla

ISLAMABAD: Pakistan, along with nine other countries, strongly condemned the Israeli attacks on and interception of...

Published 20 May, 2026 02:34am

‘Zardari’s China visit boosts strategic, economic partnership with China’

Pakistan

‘Zardari’s China visit boosts strategic, economic partnership with China’

ISLAMABAD: President Asif Ali Zardari’s recent visit to China strengthened ties with Pakistan as both countries...

Published 20 May, 2026 02:34am

North Waziristan operation: ISPR says 22 militants killed

Pakistan

North Waziristan operation: ISPR says 22 militants killed

ISLAMABAD: Security forces killed 22 militants belonging to the “Indian-sponsored Fitna-al-Khwarij” during an...

Published 20 May, 2026 02:34am

SC bars birth date changes in service records

Pakistan

SC bars birth date changes in service records

LAHORE: The Supreme Court of Pakistan has held that no alteration in the date of birth of a civil servant is...

Published 20 May, 2026 02:34am

The Weather

Pakistan

The Weather

KARACHI: The weather report on Tuesday (May 19, 2026) and the forecast for Wednesday (May 20 2026)....

Published 20 May, 2026 02:34am

‘Wapda spends Rs4.5bn on Mohmand Dam area development’

Pakistan

‘Wapda spends Rs4.5bn on Mohmand Dam area development’

LAHORE: The Water and Power Development Authority (Wapda) has earmarked Rs4.5 billion for 54 socio-economic...

Published 20 May, 2026 02:34am

Youm-e-Takbeer reflects Pak’s strategic deterrence: PA Speaker

Pakistan

Youm-e-Takbeer reflects Pak’s strategic deterrence: PA Speaker

LAHORE: Speaker of the Punjab Assembly Malik Ahmad Khan has stated that Youm-e-Takbeer represents Pakistan’s...

Published 20 May, 2026 02:34am

Punjab Pavilion inaugurated at World Urban Forum: ‘Apni Chhat, Apna Ghar’ tops world innovation rankings: Punjab CM

Pakistan

Punjab Pavilion inaugurated at World Urban Forum: ‘Apni Chhat, Apna Ghar’ tops world innovation rankings: Punjab CM

LAHORE: Punjab Chief Minister Maryam Nawaz inaugurated the Punjab Pavilion at the World Urban Forum being held in...

Published 20 May, 2026 02:34am

‘Punjab achieves 82pc cotton sowing target’

Pakistan

‘Punjab achieves 82pc cotton sowing target’

LAHORE: Punjab has achieved around 82 percent of its cotton sowing target for the ongoing season, with cultivation...

Published 20 May, 2026 02:34am

Rs4bn modern burns unit being established

Pakistan

Rs4bn modern burns unit being established

LAHORE: A modern burn unit is being constructed at Sheikh Zayed Hospital at a cost of Rs four billion which will be...

Published 20 May, 2026 02:34am

Yasin Khan awarded Sitara-e-Imtiaz

Pakistan

Yasin Khan awarded Sitara-e-Imtiaz

FAISALABAD: President Asif Ali Zardari has awarded the prestigious Sitara-e-Imtiaz to Muhammad Yasin Khan, founder...

Published 20 May, 2026 02:34am

Sharjeel tells Sindh Assembly: Biogas plant will still be installed under BRT project

Pakistan

Sharjeel tells Sindh Assembly: Biogas plant will still be installed under BRT project

KARACHI: Lawmakers in the Sindh Assembly on Tuesday raised concerns over environmental regulation, delays in mass...

Published 20 May, 2026 02:34am

Hashmi says concerned at arrest of Saad Edhi in Israel

Pakistan

Hashmi says concerned at arrest of Saad Edhi in Israel

KARACHI: Sindh Governor Nihal Hashmi has expressed deep concern and sorrow over the reported arrest of well-known...

Published 20 May, 2026 02:34am

Researchers across AKU harnessing AI, DI to address some key challenges

Pakistan

Researchers across AKU harnessing AI, DI to address some key challenges

KARACHI: From AI-powered cough analysis for diagnosis of tuberculosis to machine learning models supporting maternal...

Published 20 May, 2026 02:34am

SRB seals restaurant in Hyderabad

Pakistan

SRB seals restaurant in Hyderabad

KARACHI: The Sindh Revenue Board (SRB) has intensified its crackdown against non-compliant taxpayers, sealing the...

Published 20 May, 2026 02:34am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	278.61
USD PKR Interbank Buying / Jun 5	278.41
USD to Japanese Yen / Jun 5	160.29
USD to Swiss Franc / Jun 5	0.80
Pound Sterling to USD / Jun 5	1.33
Euro to USD / Jun 5	1.15
SOFR % / Jun 7	3.63

Stock	Volume
S&P 500 / Jun 5	7,383.74
Tokyo Nikkei / Jun 5	66,588.12
Nasdaq / Jun 5	25,709.43
Hang Seng / Jun 5	24,961.95
FTSE 100 / Jun 5	10,368.05
Dow Jones / Jun 5	50,866.78
Germany DAX 30 / Jun 5	24,759.05
France CAC40 / Jun 5	8,218.24
India Sensex / Jun 8	73,529.06

Item	Value
Crude Oil USD/Barrel / Jun 5	90.54
Gold 10 Grams PKR / Jun 5	401,012
Gold Spot USD/Ounce / Jun 5	4,328.45
Cotton US¢/pound / Jun 5	77.48
Petrol/Litre / Jun 8	377.78
Diesel/Litre / Jun 8	380.78

Gainers
Losers
Leaders

Stock	Price
Gulistan Sp. / Jun 8 Gulistan Spinning Mills Limited(GUSM)	9.03 ▲ 1 (12.45%)
Kohat Textile / Jun 8 Kohat Textile Mills Limited(KOHTM)	109.78 ▲ 9.98 (10%)
Pak Qatar Gen.Takaful / Jun 8 Pak Qatar General Takaful Limited(PQGTL)	18.37 ▲ 1.67 (10%)
S.G.Power / Jun 8 S.G. Power Limited(SGPL)	50.27 ▲ 4.57 (10%)
Zahid Jee Textile / Jun 8 Zahidjee Textile Mills Limited(ZAHID)	66.88 ▲ 6.08 (10%)
Zuma Resources / Jun 8 Zuma Resources Limited(ZUMA)	87.87 ▲ 7.99 (10%)
Khalid Siraj / Jun 8 Khalid Siraj Textile Mills Limited(KSTM)	12.02 ▲ 1.09 (9.97%)
East West Ins. / Jun 8 East West Insurance Company Limited(EWIC)	57 ▲ 4.7 (8.99%)
Shadab Textile / Jun 8 Shadab Textile Mills Limited(SHDT)	57.80 ▲ 4.68 (8.81%)
Ahmad Hassan / Jun 8 Ahmad Hassan Textile Mills Limited(AHTM)	89.99 ▲ 6.97 (8.4%)

Stock	Price
Dawood Lawrencepur / Jun 8 Dawood Lawrencepur Limited(DLL)	60.80 ▼ -564.03 (-90.27%)
Tariq Corp.Pref. / Jun 8 Tariq Corporation Limited-Preference Shares(TCORPCPS)	12 ▼ -1.36 (-10.18%)
PIA Holding Co.B / Jun 8 PIA Holding Company Limited B(PIAHCLB)	16,200 ▼ -1800 (-10%)
First Imrooz Mod. / Jun 8 First Imrooz Modaraba(FIMM)	195 ▼ -19.64 (-9.15%)
Mughal Iron & Steel(C) / Jun 8 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	56.39 ▼ -5.12 (-8.32%)
Shahtaj Sugar / Jun 8 Shahtaj Sugar Mills Limited(SHJS)	157.10 ▼ -13.9 (-8.13%)
Tri-Star Power / Jun 8 Tri-Star Power Limited(TSPL)	14.64 ▼ -1.24 (-7.81%)
Fateh Ind. / Jun 8 Fateh Industries Limited(FIL)	166.01 ▼ -14.05 (-7.8%)
Wasl Mobility Mod. / Jun 8 Wasl Mobility Modaraba(WASL)	5.47 ▼ -0.46 (-7.76%)
Javedan Corp.(Pref) / Jun 8 Javedan Corp.(Pref)(JVDCPS)	70.09 ▼ -5.58 (-7.37%)

Stock	Volume
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	15,920,318 ▲ 0.34
TPL Corp Ltd / Jun 8 TPL Corp Limited(TPL)	15,622,552 ▲ 0.48
Waves Home Appliances / Jun 8 Waves Home Appliances Limited(WAVESAPP)	15,254,189 ▲ 0.39
Pak Qatar Family / Jun 8 Pak Qatar Family Takaful Limited(PAKQATAR)	10,769,844 ▲ 0.79
Pak Qatar Gen.Takaful / Jun 8 Pak Qatar General Takaful Limited(PQGTL)	9,911,098 ▲ 1.67
Beco Steel Ltd / Jun 8 Beco Steel Limited(BECO)	7,804,917 ▼ -0.17
Oilboy Energy / Jun 8 Oilboy Energy Limited(OBOY)	7,598,508 ▲ 1.06
Pace (Pak) Ltd. / Jun 8 Pace (Pakistan) Limited(PACE)	7,373,091 ▲ 0.18
Thatta Cement / Jun 8 Thatta Cement Company Limited(THCCL)	7,111,248 ▲ 0.56
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	5,178,308 ▼ -0.01

Income tax calculator for FY 2025-26

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Gold price per tola drops by Rs12,489 in Pakistan

Gold price per tola drops by Rs12,489 in Pakistan

PSX new IPOs deliver 47% average return, boosting investor confidence

PSX new IPOs deliver 47% average return, boosting investor confidence

Foreign-funded PSDP projects: Govt fails to make rupee cover available

Foreign-funded PSDP projects: Govt fails to make rupee cover available

Iran launches salvo of missiles at Bahrain, Kuwait

Iran launches salvo of missiles at Bahrain, Kuwait

Gul Ahmed venture QGDC announces $230mn investment to set up Pakistan’s largest data centre

Gul Ahmed venture QGDC announces $230mn investment to set up Pakistan’s largest data centre

UBG welcomes fixed tax regime for shopkeepers

UBG welcomes fixed tax regime for shopkeepers

Govt jacks up petrol PL, reduces on HSD

Govt jacks up petrol PL, reduces on HSD

New oil & gas discoveries boost Pakistan’s energy reserves in 2025

New oil & gas discoveries boost Pakistan’s energy reserves in 2025