News Archives for Pakistan - 2026-06-03 - Business Recorder

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WTL 1.28 ▲ 0.02 (1.59%)

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Jun 06, 2026 اردو

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Pakistan - 2026-06-03

Pakistan, World Bank discuss new health, skills development initiatives

Pakistan

Pakistan, World Bank discuss new health, skills development initiatives

Pakistan and World Bank discussed key development initiatives for human capital, health, and skills, aiming to strengthen youth employment and services.

Published 03 Jun, 2026 09:29pm

Surplus teachers: Sindh prepares golden handshake scheme

Pakistan

Surplus teachers: Sindh prepares golden handshake scheme

KARACHI: The Sindh Education Department has prepared a new policy aimed at addressing staffing imbalances in...

Published 03 Jun, 2026 02:34am

Additional funds for ADP 2025-26: Sindh cabinet approves framework for receiving gas royalty in kind

Pakistan

Additional funds for ADP 2025-26: Sindh cabinet approves framework for receiving gas royalty in kind

KARACHI: The Sindh cabinet on Tuesday approved a new framework to receive the province’s constitutionally mandated...

Published 03 Jun, 2026 02:34am

CAP seeks consumer-friendly policies in budget

Pakistan

CAP seeks consumer-friendly policies in budget

KARACHI: Kaukab Iqbal, Chairman of the Consumers Association of Pakistan (CAP), while addressing media...

Published 03 Jun, 2026 02:34am

IMC & NED University sign agreement to establish UMIU university

Pakistan

IMC & NED University sign agreement to establish UMIU university

KARACHI: Indus Motor Company (IMC) and NED University have signed an agreement to establish an Urban Mobility...

Published 03 Jun, 2026 02:34am

Concern voiced over ‘poor’ performance of WASA Hyderabad

Pakistan

Concern voiced over ‘poor’ performance of WASA Hyderabad

HYDERABAD: President Hyderabad Chamber of Small Traders and Small Industry, Muhammad Saleem Memon, has expressed...

Published 03 Jun, 2026 02:34am

FO says no confirmation of Pakistanis murdered in Italy

Pakistan

FO says no confirmation of Pakistanis murdered in Italy

ISLAMABAD: In light of the news about the alleged murder of four Pakistani farmers in Italy, the Foreign Office (FO)...

Published 03 Jun, 2026 02:34am

Forces kill 17 terrorists in Balochistan

Pakistan

Forces kill 17 terrorists in Balochistan

ISLAMABAD: Security forces have killed 17 terrorists belonging to the Indian-sponsored militant group...

Published 03 Jun, 2026 02:34am

June bills: Consumers set to receive 20 paisa per unit relief

Pakistan

June bills: Consumers set to receive 20 paisa per unit relief

ISLAMABAD: Electricity consumers are set to receive a net relief of 20 paisa per unit in June 2026, as the...

Published 03 Jun, 2026 02:34am

Prolonged outages: LESCO probe uncovers irregularities by officials

Pakistan

Prolonged outages: LESCO probe uncovers irregularities by officials

ISLAMABAD: A formal inquiry conducted by Lahore Electric Supply Company (LESCO) has uncovered serious...

Published 03 Jun, 2026 02:34am

Diplomatic passport holders: Pakistan & Italy sign visa abolishment agreement

Pakistan

Diplomatic passport holders: Pakistan & Italy sign visa abolishment agreement

ISLAMABAD: Pakistan and Italy have signed an agreement to abolish the requirement of visas for diplomatic passport...

Published 03 Jun, 2026 02:34am

Body formed to probe award of coal terminal contract

Pakistan

Body formed to probe award of coal terminal contract

ISLAMABAD: An inter-ministerial fact-finding committee has been constituted to investigate the award of a coal...

Published 03 Jun, 2026 02:34am

AGPR issues schedule for 2025-26 claims submission

Pakistan

AGPR issues schedule for 2025-26 claims submission

ISLAMABAD: The Office of the Accountant General Pakistan Revenues (AGPR) has issued a detailed schedule for the...

Published 03 Jun, 2026 02:34am

Dar, Kuwait’s FM discuss regional peace

Pakistan

Dar, Kuwait’s FM discuss regional peace

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar spoke with Kuwait’s...

Published 03 Jun, 2026 02:34am

Free treatment worth over Rs17.5bn provided in Punjab

Pakistan

Free treatment worth over Rs17.5bn provided in Punjab

LAHORE: Free treatment worth over Rs. 17.5 billion has been provided to patients under all special health programs...

Published 03 Jun, 2026 02:34am

Minister orders probe into flour, bread price hikes

Pakistan

Minister orders probe into flour, bread price hikes

KARACHI: Sindh Food Minister Makhdoom Mehboob-uz- Zaman has taken notice reports about increases in flour and bread...

Published 03 Jun, 2026 02:34am

Karachi IT Park project: NA body concerned at lack o progress

Pakistan

Karachi IT Park project: NA body concerned at lack o progress

ISLAMABAD: The National Assembly Standing Committee on Information Technology and Telecommunication on Tuesday...

Published 03 Jun, 2026 02:34am

PM urged to scrap proposed fixed tax on retailers

Pakistan

PM urged to scrap proposed fixed tax on retailers

LAHORE: The Chairman of the Supreme Council of All Pakistan Anjuman Tajran, Muhammad Naeem Mir, has called on Prime...

Published 03 Jun, 2026 02:34am

EU’s GSP+ framework implementation: Sindh emerges as leading province: Hemnani

Pakistan

EU’s GSP+ framework implementation: Sindh emerges as leading province: Hemnani

KARACHI: Spokesperson for the Government of Sindh, Sukhdev Hemnani, has said that Sindh has emerged as Pakistan’s...

Published 03 Jun, 2026 02:34am

Sindh Ombudsman provides relief to 8,789 complainants in 2025

Pakistan

Sindh Ombudsman provides relief to 8,789 complainants in 2025

KARACHI: Sindh Ombudsman’s secretariat received over 25,000 public complaints during 2025, marking a sharp increase...

Published 03 Jun, 2026 02:34am

BA Nasir made Chairperson of Benami Authority

Pakistan

BA Nasir made Chairperson of Benami Authority

ISLAMABAD: The federal government has appointed BA Nasir as Chairperson, Benami Adjudicating Authority, with...

Published 03 Jun, 2026 02:34am

Toshakhana corruption case: special court adjourns hearing

Pakistan

Toshakhana corruption case: special court adjourns hearing

ISLAMABAD: A Special Judge (Central) on Tuesday adjourned the hearing of the six-year-old Toshakhana corruption case...

Published 03 Jun, 2026 02:34am

Occupied Jerusalem: States reject any bid to alter historical and legal status

Pakistan

Occupied Jerusalem: States reject any bid to alter historical and legal status

ISLAMABAD: The Group of Eight Muslim and Arab States on Tuesday reaffirmed their categorical rejection of any...

Published 03 Jun, 2026 02:34am

PTI condemns ‘grave violations’ of electoral process in G-B

Pakistan

PTI condemns ‘grave violations’ of electoral process in G-B

ISLAMABAD: The beleaguered Pakistan Tehreek-e-Insaaf (PTI) on Tuesday levelled serious allegations of electoral...

Published 03 Jun, 2026 02:34am

FCC rules higher courts authorised to issue writs

Pakistan

FCC rules higher courts authorised to issue writs

ISLAMABAD: The Federal Constitutional Court (FCC) on Tuesday declared that, under Article 199(1)(c) of the...

Published 03 Jun, 2026 02:34am

Bilawal addresses rally in Skardu ahead of G-B polls

Pakistan

Bilawal addresses rally in Skardu ahead of G-B polls

SKARDU: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Tuesday pledged to expand constitutional...

Published 03 Jun, 2026 02:34am

Devolution: Senate panel flags ‘strains’ in federal framework

Pakistan

Devolution: Senate panel flags ‘strains’ in federal framework

ISLAMABAD: A Senate sub-committee on Tuesday voiced serious concerns over the implementation of constitutional...

Published 03 Jun, 2026 02:34am

Alternative route to KKH: Govt to construct 172km MNJC motorway

Pakistan

Alternative route to KKH: Govt to construct 172km MNJC motorway

ISLAMABAD: Federal Minister Abdul Aleem Khan has said that a new state-of-the-art motorway linking Mansehra, Kaghan,...

Published 03 Jun, 2026 02:34am

The Weather

Pakistan

The Weather

KARACHI: The weather report on Tuesday (June 02, 2026) and the forecast for Wednesday (June 03 2026)....

Published 03 Jun, 2026 02:34am

Manufacturing activity rebounds: Inflation risks cloud outlook: HBL PMI

Pakistan

Manufacturing activity rebounds: Inflation risks cloud outlook: HBL PMI

KARACHI: The HBL Manufacturing PMI, compiled by S&P Global, edged up to 50.9 in May 2026 from 49.9 in the...

Published 03 Jun, 2026 02:34am

Austerity measures: Shop and market closing times extended

Pakistan

Austerity measures: Shop and market closing times extended

ISLAMABAD: The federal government has decided to extend shops and markets closing timings by one hour under the...

Published 03 Jun, 2026 02:34am

S M Tanveer for export-led growth measures in budget

Pakistan

S M Tanveer for export-led growth measures in budget

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) leader and Patron-in-Chief of the United...

Published 03 Jun, 2026 02:34am

CM expresses gratitude as ‘Mera Pyara’ project wins UN recognition

Pakistan

CM expresses gratitude as ‘Mera Pyara’ project wins UN recognition

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has expressed gratitude after the province’s “Mera Pyara” project...

Published 03 Jun, 2026 02:34am

No ‘Further Tax’: PPA welcomes constitutional court’s verdict

Pakistan

No ‘Further Tax’: PPA welcomes constitutional court’s verdict

LAHORE: The Pakistan Poultry Association (PPA) has warmly welcomed, what it said the landmark judgment of the...

Published 03 Jun, 2026 02:34am

Minister reviews ADP 2025-2026 schemes

Pakistan

Minister reviews ADP 2025-2026 schemes

LAHORE: As per vision of Chief Minister Punjab Maryam Nawaz Sharif, we are providing the best emergency services to...

Published 03 Jun, 2026 02:34am

‘Pak Chemical Expo’ to begin on 5th

Pakistan

‘Pak Chemical Expo’ to begin on 5th

LAHORE: The Pakistan Chemical Manufacturers Association (PCMA) has officially announced that Pakistan Chemical Expo...

Published 03 Jun, 2026 02:34am

OMAP seeks urgent meeting with PM

Pakistan

OMAP seeks urgent meeting with PM

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has urged Prime Minister Shehbaz Sharif to convene an...

Published 03 Jun, 2026 02:34am

128 commercial establishments sealed

Pakistan

128 commercial establishments sealed

LAHORE: The Lahore Development Authority (LDA) has intensified its enforcement campaign, sealing 128 commercial...

Published 03 Jun, 2026 02:34am

LUMS marks 75 years of Pak-China relations

Pakistan

LUMS marks 75 years of Pak-China relations

LAHORE: The Parvez Hassan Centre for Chinese Legal Studies at LUMS hosted a commemorative gathering on Tuesday to...

Published 03 Jun, 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 5	3.65

Stock	Volume
S&P 500 / Jun 5	7,383.74
India Sensex / Jun 5	74,243.34
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

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 6	381.78
Diesel/Litre / Jun 6	380.78

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Jun 5 First Fidelity Leasing Modaraba(FFLM)	7.76 ▲ 1 (14.79%)
Dadabhoy Cement / Jun 5 Dadabhoy Cement Industries Limited(DBCI)	8.16 ▲ 1 (13.97%)
Gulistan Sp. / Jun 5 Gulistan Spinning Mills Limited(GUSM)	8.03 ▲ 0.97 (13.74%)
Paramount Spinning / Jun 5 Paramount Spinning Mills Limited(PASM)	8.41 ▲ 1 (13.5%)
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	8.98 ▲ 1 (12.53%)
First Capital Equities / Jun 5 First Capital Equities Limited(FCEL)	5.30 ▲ 0.52 (10.88%)
Merit Packaging / Jun 5 Merit Packaging Limited(MERIT)	10.35 ▲ 1 (10.7%)
D.S. Ind. Ltd. / Jun 5 D.S. Industries Limited(DSIL)	11.19 ▲ 1.02 (10.03%)
Askari Life Assur. / Jun 5 Askari Life Assurance Company Limited(ALAC)	23.28 ▲ 2.12 (10.02%)
Waves Corporation / Jun 5 Waves Corporation Limited(WAVES)	10.98 ▲ 1 (10.02%)

Stock	Price
F.Credit & Inv / Jun 5 First Credit and Investment Bank Limited(FCIBL)	40.49 ▼ -4.5 (-10%)
Shahzad Tex. / Jun 5 Shahzad Textile Mills Limited(SZTM)	66.80 ▼ -7.4 (-9.97%)
Ghazi Fabrics / Jun 5 Ghazi Fabrics International Limited(GFIL)	29.96 ▼ -2.48 (-7.64%)
Shams Textile / Jun 5 Shams Textile Mills Limited(STML)	38.17 ▼ -2.48 (-6.1%)
Bela Auto / Jun 5 Bela Automotives Limited(BELA)	55.85 ▼ -3.14 (-5.32%)
Tandlianwala Sugar / Jun 5 Tandlianwala Sugar Mills Limited(TSML)	385.55 ▼ -19.67 (-4.85%)
Sana Ind / Jun 5 Sana Industries Limited(SNAI)	39.70 ▼ -2.02 (-4.84%)
Dewan Textile / Jun 5 Dewan Textile Mills Limited(DWTM)	9.65 ▼ -0.48 (-4.74%)
JS Investments / Jun 5 JS Investments Limited(JSIL)	40.01 ▼ -1.99 (-4.74%)
Frontier Ceramics / Jun 5 Frontier Ceramics Limited(FRCL)	75.03 ▼ -3.61 (-4.59%)

Stock	Volume
TPL Properties / Jun 5 TPL Properties Limited(TPLP)	42,057,629 ▲ 0.57
TPL Corp Ltd / Jun 5 TPL Corp Limited(TPL)	41,999,765 ▲ 0.49
Pace (Pak) Ltd. / Jun 5 Pace (Pakistan) Limited(PACE)	41,811,517 ▲ 0.9
Beco Steel Ltd / Jun 5 Beco Steel Limited(BECO)	26,493,657 ▼ -0.2
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	23,842,888 ▼ -0.01
Pervez Ahmed Consultancy / Jun 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	22,157,441 ▲ 0.08
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	18,104,460 ▲ 0.02
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	17,319,572 ▲ 1
B.O.Punjab / Jun 5 The Bank of Punjab(BOP)	15,286,456 ▼ -0.46
Unity Foods Ltd / Jun 5 Unity Foods Limited(UNITY)	15,013,265 ▼ -0.11

Income tax calculator for FY 2025-26

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Different ministries, divisions: Rs30bn TSGs approved by ECC

Different ministries, divisions: Rs30bn TSGs approved by ECC

Rupee records gain against US dollar

Rupee records gain against US dollar

Govt cuts petrol price by Rs4 per litre, keeps diesel's unchanged

Govt cuts petrol price by Rs4 per litre, keeps diesel's unchanged

Key sectors: SIFC engages with Saudis on investments

Key sectors: SIFC engages with Saudis on investments

Gold price per tola drops Rs1,469 in Pakistan

Gold price per tola drops Rs1,469 in Pakistan

Pakistan, KSA finalise series of investment deals

Pakistan, KSA finalise series of investment deals

FASTER refund system: Govt to curb payments to non-compliant taxpayers

FASTER refund system: Govt to curb payments to non-compliant taxpayers

Pakistan signs MoU with Saudi, local partners for 140 acre Karachi waterfront development

Pakistan signs MoU with Saudi, local partners for 140 acre Karachi waterfront development