News Archives for Pakistan - 2026-06-08 - Business Recorder

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اردو

Jun 16, 2026 اردو

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Pakistan - 2026-06-08

President Zardari, PM Shehbaz discuss budget, security, and regional situation

Pakistan

President Zardari, PM Shehbaz discuss budget, security, and regional situation

Meeting takes place at at Aiwan-e-Sadr

Updated 08 Jun, 2026 11:17pm

Dar chairs review of auto policy with focus on accelerating EV transition

Pakistan

Dar chairs review of auto policy with focus on accelerating EV transition

Meeting targets accelerating Pakistan's EV adoption, strengthening manufacturing, and mitigating climate change impacts

Published 08 Jun, 2026 08:13pm

'Give peace a little more chance': PM Shehbaz urges restraint amid escalating Middle East tensions

Pakistan

'Give peace a little more chance': PM Shehbaz urges restraint amid escalating Middle East tensions

Voices deep concern over escalating Middle East violence, warning it jeopardises fragile ceasefires and ongoing diplomatic efforts for lasting peace

Updated 08 Jun, 2026 09:43pm

FO slams British MPs, diaspora comments on AJK as ill-informed

Pakistan

FO slams British MPs, diaspora comments on AJK as ill-informed

Pakistan rejects UK interference in Azad Kashmir, stressing its sovereignty and commitment to non-interference in other nations' internal affairs.

Updated 08 Jun, 2026 06:03pm

Karachi to experience severe heatwave as mercury likely to hit 42°C

Pakistan

Karachi to experience severe heatwave as mercury likely to hit 42°C

Public advised to remain extra cautious and hydrate

Published 08 Jun, 2026 12:50pm

Four cops martyred as clashes erupt during JAAC crackdown in AJK

Pakistan

Four cops martyred as clashes erupt during JAAC crackdown in AJK

Government claims most demands of the banned JAAC were met, including Rs3/unit electricity, making current protests over 12 seats unjustified.

Updated 08 Jun, 2026 12:52pm

27 terrorists killed in KP: ISPR

Pakistan

27 terrorists killed in KP: ISPR

RAWALPINDI: Security forces have killed twenty seven terrorists belonging to Indian-sponsored Fitna-al-Khwarij in...

Published 08 Jun, 2026 02:29am

Scorching heatwave hits Karachi

Pakistan

Scorching heatwave hits Karachi

KARACHI: Intense and schorching heatwave hit Karachi hard here on Sunday as mercury surged to its highest level of...

Published 08 Jun, 2026 02:29am

Habib University holds 9th convocation

Pakistan

Habib University holds 9th convocation

KARACHI: Habib University held its ninth convocation, conferring degrees on 276 graduates - the largest class in its...

Published 08 Jun, 2026 02:29am

Pakistan

MINI brand display: Senate chief praises Dewan Motors’ contribution

ISLAMABAD: Chairman Senate of Pakistan, Syed Yousaf Raza Gilani, attended as chief guest the MINI Brand Display and...

Published 08 Jun, 2026 02:29am

Access to quality food basic right of every citizen: minister

Pakistan

Access to quality food basic right of every citizen: minister

KARACHI: Sindh Food Minister Makhdoom Mehboob-uz-Zaman here on Sunday reaffirmed the provincial government’s...

Published 08 Jun, 2026 02:29am

Malnutrition costs country nearly USD17bn in lost productivity

Pakistan

Malnutrition costs country nearly USD17bn in lost productivity

KARACHI: Speakers at a seminar discussed the escalating nutrition crisis in the country and presented...

Published 08 Jun, 2026 02:29am

Solutions to meet Karachi’s climate challenge elaborated

Pakistan

Solutions to meet Karachi’s climate challenge elaborated

KARACHI: Nowadays Karachi is sizzling and reminding us that the megacity needs more trees as its temperature rises...

Published 08 Jun, 2026 02:29am

Railways freight operations at PQ Coal Terminal reviewed

Pakistan

Railways freight operations at PQ Coal Terminal reviewed

KARACHI: Divisional Superintendent of Pakistan Railways, Karachi Division Jamshed Alam visited the Port Qasim Coal...

Published 08 Jun, 2026 02:29am

Mothers, children: Climate change increasingly triggering mental health crisis

Pakistan

Mothers, children: Climate change increasingly triggering mental health crisis

ISLAMABAD: Climate change is increasingly triggering a mental health crisis among Pakistani mothers and children,...

Published 08 Jun, 2026 02:29am

Ex-KP Governor urges Centre, provinces to present people-friendly budgets

Pakistan

Ex-KP Governor urges Centre, provinces to present people-friendly budgets

PESHAWAR: Former Governor Khyber Pakhtunkhwa Haji Ghulam Ali has urged the federal and provincial governments to...

Published 08 Jun, 2026 02:29am

JI demands Rs20bnn ‘IT package’ in budget

Pakistan

JI demands Rs20bnn ‘IT package’ in budget

LAHORE: Chief of Jamaat-e-Islami (JI) Hafiz Naeem ur Rehman has urged the government to allocate Rs20 billion in the...

Published 08 Jun, 2026 02:29am

PTI condemns rigging in G-Baltistan elections

Pakistan

PTI condemns rigging in G-Baltistan elections

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has strongly condemned what it called widespread electoral rigging,...

Published 08 Jun, 2026 02:29am

Naqvi delivers special message to Mojtaba

Pakistan

Naqvi delivers special message to Mojtaba

KARACHI: Interior Minister Mohsin Naqvi met Iranian Foreign Minister Abbas Araghchi in Tehran on Sunday as part of...

Published 08 Jun, 2026 02:29am

PPP leading in GB elections

Pakistan

PPP leading in GB elections

KARACHI: Unofficial and unconfirmed election results from Gilgit-Baltistan continued to show Pakistan Peoples Party...

Published 08 Jun, 2026 02:29am

WHT credit allowed despite CPR section code error: ATIR

Pakistan

WHT credit allowed despite CPR section code error: ATIR

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) Islamabad has categorically held that a taxpayer cannot be...

Published 08 Jun, 2026 02:29am

PSCA introduces ‘CM Punjab QR Panic Button System’

Pakistan

PSCA introduces ‘CM Punjab QR Panic Button System’

LAHORE: Under the Digital Punjab Vision of Chief Minister Punjab Maryam Nawaz Sharif, the Punjab Safe Cities...

Published 08 Jun, 2026 02:29am

KP has vast tourism potential, US CG told

Pakistan

KP has vast tourism potential, US CG told

PESHAWAR: US Consul-General Tom Eckert met Khyber Pakhtunkhwa Additional Secretary for Tourism, Culture, Archaeology...

Published 08 Jun, 2026 02:29am

Mayor orders preparations ahead of monsoon

Pakistan

Mayor orders preparations ahead of monsoon

KARACHI: Karachi Metropolitan Corporation will launch a citywide operation to clean major storm-water drains ahead...

Published 08 Jun, 2026 02:29am

CHK MS visits KPC, pledges better facilities for journalists

Pakistan

CHK MS visits KPC, pledges better facilities for journalists

KARACHI: Medical Superintendent of Dr Ruth K M Pfau Civil Hospital Karachi, Dr Khalid Bukhari, visited the Karachi...

Published 08 Jun, 2026 02:29am

Budget FY2026–27: Domestic savings decline spurs call for targeted mobilisation plan: PIDE

Pakistan

Budget FY2026–27: Domestic savings decline spurs call for targeted mobilisation plan: PIDE

ISLAMABAD: Pakistan’s gross domestic savings rate has fallen from 17.4 percent of GDP in 1992 to 6.4 percent in...

Published 08 Jun, 2026 02:29am

Mardan, Malakand region: KPRA collects Rs156m revenue

Pakistan

Mardan, Malakand region: KPRA collects Rs156m revenue

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) Mardan and Malakand Region has successfully achieved its...

Published 08 Jun, 2026 02:29am

Safe and nutritious food for all: Punjab CM reaffirms govt’s commitment on global food safety day

Pakistan

Safe and nutritious food for all: Punjab CM reaffirms govt’s commitment on global food safety day

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif, in her message on World Food Safety Day, reaffirmed the...

Published 08 Jun, 2026 02:29am

Promise of daycare centres being fulfilled across Punjab: CM

Pakistan

Promise of daycare centres being fulfilled across Punjab: CM

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif said her commitment made on Women’s Day to establish daycare...

Published 08 Jun, 2026 02:29am

UAF VC congratulates minister on approval of National Seed Policy

Pakistan

UAF VC congratulates minister on approval of National Seed Policy

FAISALABAD: Vice Chancellor of the University of Agriculture Faisalabad (UAF), Prof. Dr. Zulfiqar Ali, has...

Published 08 Jun, 2026 02:29am

Fiscal deficit puts illicit trade under spotlight

Pakistan

Fiscal deficit puts illicit trade under spotlight

LAHORE: Pakistan’s widening fiscal deficit in the third quarter of FY 2025-26 has once again exposed deep structural...

Published 08 Jun, 2026 02:29am

PHA appoints ‘tree officers’

Pakistan

PHA appoints ‘tree officers’

LAHORE: The Punjab Horticulture Authority (PHA) has designated officers across major district agencies to inspect...

Published 08 Jun, 2026 02:29am

Local bodies elections: PPP to field candidates across all UCs of Lahore: Faisal

Pakistan

Local bodies elections: PPP to field candidates across all UCs of Lahore: Faisal

LAHORE: Pakistan Peoples Party Lahore President Faisal Mir has announced that the party will field candidates across...

Published 08 Jun, 2026 02:29am

FPCCI rejects Punjab Infrastructure Development Cess

Pakistan

FPCCI rejects Punjab Infrastructure Development Cess

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and the Punjab business community...

Published 08 Jun, 2026 02:29am

AJK police seal defunct JAAC’s central office

Pakistan

AJK police seal defunct JAAC’s central office

MUZAFFARABAD: The Azad Jammu and Kashmir (AJK) Police on Sunday sealed the central office of the defunct Joint Awami...

Published 08 Jun, 2026 02:29am

PR launches second Peshawar-Karachi upgraded Awam Express rake

Pakistan

PR launches second Peshawar-Karachi upgraded Awam Express rake

PESHAWAR: In a significant step aimed at improving travel facilities for passengers, Pakistan Railways has launched...

Published 08 Jun, 2026 02:29am

Aseefa condemns acid attack on Dr Mahnoor

Pakistan

Aseefa condemns acid attack on Dr Mahnoor

ISLAMABAD: First Lady Bibi Aseefa Bhutto Zardari has strongly condemned the horrific acid attack on Dr. Mahnoor...

Published 08 Jun, 2026 02:29am

Punjab PA moves towards modern digital parliament

Pakistan

Punjab PA moves towards modern digital parliament

LAHORE: Speaker of the Punjab Assembly, Malik Muhammad Ahmad Khan, reviewed the newly installed tablets in the...

Published 08 Jun, 2026 02:29am

Acid attack incident: Bugti announces Civil Award for hospital worker

Pakistan

Acid attack incident: Bugti announces Civil Award for hospital worker

QUETTA: Chief Minister Balochistan Mir Sarfraz Bugti has announced a Civil Award for Abdul Razzaq Tarakai, an...

Published 08 Jun, 2026 02:29am

Untimely rains harm mango, wheat crops

Pakistan

Untimely rains harm mango, wheat crops

ISLAMABAD: Unexpec-ted rains in April badly hit the wheat and mango crops and the farmers fearing that the ongoing...

Published 08 Jun, 2026 02:29am

Exploration work for oil & gas on 9 blocks is in progress in KP

Pakistan

Exploration work for oil & gas on 9 blocks is in progress in KP

PESHAWAR: Work is underway on 9 blocks for oil and gas exploration in Khyber Pakhtunkhwa including Nowshera, Wali...

Published 08 Jun, 2026 02:29am

The Weather

Pakistan

The Weather

KARACHI: The weather report on Sunday (June 07 2026) and the forecast for Monday (June 08 2026)....

Published 08 Jun, 2026 02:29am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.52
USD PKR Interbank Buying / Jun 12	278.32
USD to Japanese Yen / Jun 16	160.26
USD to Swiss Franc / Jun 16	0.80
Pound Sterling to USD / Jun 16	1.34
Euro to USD / Jun 16	1.16
SOFR % / Jun 15	3.60

Stock	Volume
S&P 500 / Jun 15	7,554.29
Nasdaq / Jun 15	26,683.94
FTSE 100 / Jun 15	10,430.62
Dow Jones / Jun 15	51,671.03
Germany DAX 30 / Jun 15	24,894.01
France CAC40 / Jun 15	8,384.01
India Sensex / Jun 16	76,714.29
Tokyo Nikkei / Jun 16	69,722.25
Hang Seng / Jun 16	24,445.52

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 15	21,080
Gold 10 Grams PKR / Jun 15	389,600
Petrol/Litre / Jun 16	373.78
Crude Oil USD/Barrel / Jun 16	80.57
Gold Spot USD/Ounce / Jun 16	4,326.02
Diesel/Litre / Jun 16	378.78
Cotton US¢/pound / Jun 16	76.67

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Jun 16 First Fidelity Leasing Modaraba(FFLM)	15.36 ▲ 2.67 (21.04%)
Pak. P.V.C. / Jun 16 Pakistan PVC Limited(PPVC)	34.60 ▲ 6.01 (21.02%)
Pak Stock Exchange / Jun 16 Pakistan Stock Exchange Limited(PSX)	52.70 ▲ 9.15 (21.01%)
Crescent Steel / Jun 16 Crescent Steel & Allied Products Limited(CSAP)	116.84 ▲ 20.28 (21%)
National Silk / Jun 16 The National Silk & Rayon Mills Limited(NSRM)	195.13 ▲ 33.87 (21%)
MACPAC Films / Jun 16 MACPAC Films Limited(MACFL)	72.74 ▲ 12.62 (20.99%)
Power Cem(Pref) / Jun 16 Power Cement (Pref)(POWERPS)	28.77 ▲ 4.97 (20.88%)
Nets Internat.Comm. / Jun 16 Nets International Communication Limited(GEMNETS)	33.50 ▲ 5.6 (20.07%)
Paramount Spinning / Jun 16 Paramount Spinning Mills Limited(PASM)	8 ▲ 1.29 (19.23%)
Ellcot Spinning / Jun 16 Ellcot Spinning Mills Limited(ELSM)	130.98 ▲ 20.95 (19.04%)

Stock	Price
Askari Life Assur. / Jun 16 Askari Life Assurance Company Limited(ALAC)	22.50 ▼ -3.04 (-11.9%)
Universal Ins. / Jun 16 The Universal Insurance Company Limited(UVIC)	22.60 ▼ -2.28 (-9.16%)
Baba Farid Sugar / Jun 16 Baba Farid Sugar Mills Limited(BAFS)	256.02 ▼ -24.07 (-8.59%)
GOC (Pak) / Jun 16 GOC (Pak) Limited.(GOC)	113.30 ▼ -9.7 (-7.89%)
Crescent Fib. / Jun 16 Crescent Fibres Limited(CFL)	55.37 ▼ -4.62 (-7.7%)
Frontier Ceramics / Jun 16 Frontier Ceramics Limited(FRCL)	75 ▼ -6.14 (-7.57%)
Idrees Tex. / Jun 16 Idrees Textile Mills Limited(IDRT)	46.43 ▼ -3.67 (-7.33%)
Zephyr Textile / Jun 16 Zephyr Textiles Limited(ZTL)	19.01 ▼ -1.44 (-7.04%)
Popular Islamic / Jun 16 Popular Islamic Modaraba(PIM)	22.45 ▼ -1.54 (-6.42%)
Data Agro / Jun 16 Data Agro Limited(DAAG)	92.51 ▼ -5.56 (-5.67%)

Stock	Volume
Sui South Gas / Jun 16 Sui Southern Gas Company Limited(SSGC)	42,028,662 ▲ 3.46
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	30,304,507 ▲ 0.17
B.O.Punjab / Jun 16 The Bank of Punjab(BOP)	28,684,849 ▲ 1.85
Siddiqsons Tin / Jun 16 Siddiqsons Tin Plate Limited(STPL)	28,303,466 ▲ 1.01
Lotte Chemical / Jun 16 Lotte Chemical Pakistan Limited(LOTCHEM)	25,664,759 ▼ -0.69
TPL Corp Ltd / Jun 16 TPL Corp Limited(TPL)	25,471,383 ▲ 2.5
TPL Properties / Jun 16 TPL Properties Limited(TPLP)	21,589,559 ▲ 0.93
WorldCall Telecom / Jun 16 Worldcall Telecom Limited(WTL)	20,795,528 ▲ 0.02
Maple Leaf Cement / Jun 16 Maple Leaf Cement Factory Limited(MLCF)	19,743,462 ▲ 7.88
Pak Int.Bulk / Jun 16 Pakistan International Bulk Terminal(PIBTL)	18,142,270 ▲ 0.66

Income tax calculator for FY 2026-27

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US, Iran reach peace deal, signing set for Friday, Pakistan says

US, Iran reach peace deal, signing set for Friday, Pakistan says

Gold price per tola gains Rs4,370 in Pakistan

Gold price per tola gains Rs4,370 in Pakistan

SBP keeps policy rate unchanged at 11.5% as inflation outlook stabilises

SBP keeps policy rate unchanged at 11.5% as inflation outlook stabilises

Bulls roar at PSX, KSE-100 settles with 2.7% gain on US-Iran peace deal announcement

Bulls roar at PSX, KSE-100 settles with 2.7% gain on US-Iran peace deal announcement

Federal budget: gives with one hand; takes away with the other

Federal budget: gives with one hand; takes away with the other

Gold per tola gains Rs10,800 in Pakistan

Gold per tola gains Rs10,800 in Pakistan

Key highlights of Pakistan budget for FY2026-27

Key highlights of Pakistan budget for FY2026-27

Import of aircraft, parts: ST exemption solely for PIACL opposed

Import of aircraft, parts: ST exemption solely for PIACL opposed

Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz

Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz