News Archives for Print - 2025-05-02

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Print - 2025-05-02

Sindh govt committed to welfare of labourers: Nasir

KARACHI: Sindh Minister for Energy and Planning, Syed Nasir Hussain Shah, has said that providing social protection,...

Published 02 May, 2025 07:03am

Minister advocates inclusive scientific progress in Pakistan

ISLAMABAD: Federal Minister for Science and Technology Khalid Hussain Magsi chaired a high-level meeting with the...

Updated 02 May, 2025 08:37am

Labour Day: Naqvi pays tribute to working class

ISLAMABAD: Interior Minister Mohsin Naqvi on Thursday paid tribute to the working class on International Labour Day,...

Published 02 May, 2025 07:01am

Escalating tensions with India: PTI calls for IK’s release to help ‘unite’ the Pakistan nation

ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf (PTI) on Thursday called for the immediate release of ex-prime...

Updated 02 May, 2025 07:28am

India’s false propaganda against Pakistan: Diplomatic efforts to apprise the world intensified

ISLAMABAD: Pakistan has intensified its diplomatic efforts to inform the world capitals about India’s false...

Updated 02 May, 2025 08:38am

Pakistan tells OIC envoys: India poses serious threats to regional peace

NEW YORK: Pakistan’s Permanent Representative to the United Nations (UN) Ambassador Asim Iftikhar briefed the...

Published 02 May, 2025 06:56am

Work on launch of e-trams, feeder buses in ICT begins in earnest

ISLAMABAD: The government has planned to provide Islamabad with a modern and eco-friendly public transport system, ...

Published 02 May, 2025 06:56am

Indian songs: Tarar appreciates Pakistan Broadcasters Association’s ban on broadcast

ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar on Thursday appreciated the decision...

Updated 02 May, 2025 07:29am

433 die in 44,086 road mishaps during April

LAHORE: In Punjab, 433 deaths were reported in 44,086 road accidents last month, and of the total road traffic...

Published 02 May, 2025 06:50am

Eight of family die as car falls into gorge

LOWER KOHISTAN: Eight members of the same family, including three women and children, tragically lost their lives...

Published 02 May, 2025 06:49am

‘Need to rely on local markets to finance climate-resilient infrastructure in Pakistan’

ISLAMABAD: “Donor aid is drying up — we must rely on local markets to finance climate-resilient...

Updated 02 May, 2025 07:31am

Teaching hospitals: Health dept invites applications

LAHORE: The Department of Specialized Healthcare and Medical Education has invited applications from medical...

Published 02 May, 2025 06:43am

Lahore Qalandars players take ‘Climate Action Plan’ pledge

LAHORE: In a groundbreaking initiative under the “Smog Ko Karo All Out” campaign, Lahore Qalandars became the...

Updated 02 May, 2025 07:22am

Prime Minister of Pakistan discusses regional situation with Qatari emir

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday had a telephonic conversation with the Emir of Qatar Sheikh...

Updated 02 May, 2025 07:43am

SG PPP asks workers to shun internal rifts, strengthen party

PESHAWAR: Central Secretary General PPP Mohammad Hamayun Khan has asked the party workers to shun their internal...

Published 02 May, 2025 06:39am

White House national security adviser Waltz being forced out

WASHINGTON: US President Donald Trump’s national security adviser Mike Waltz is being forced out of his job, four...

Published 02 May, 2025 06:12am

Press freedom is no longer a given in US

NEW YORK: Press freedom is no longer a given in the United States 100 days into President Donald Trump’s second...

Published 02 May, 2025 06:12am

Weak April sales hit most top Indian carmakers as demand cools

NEW DELHI: Three of India’s top four carmakers reported weak sales to dealers in April, company data showed on...

Published 02 May, 2025 06:12am

Adani pauses talks with Israel’s Tower for $10bn India chip foray

BENGALURU/NEW DELHI: Indian billionaire Gautam Adani’s group has paused discussions with Israel’s Tower...

Published 02 May, 2025 06:12am

Letters

Financial literacy

Pakistan Financial Literacy Week, organised from April 14-18, 2025, highlighted the importance of financial ...

Updated 02 May, 2025 07:41am

Crumbling foundations: the failure of Pakistan’s engineering institutions

Engineers stand as the master architects of economic growth, fueling innovation, crafting infrastructure, and...

Updated 02 May, 2025 10:16pm

Improving national tax culture

The International Monetary Fund has agreed to lower Pakistan’s tax collection target for the ongoing fiscal year...

Updated 02 May, 2025 07:32am

Uncertainty, protectionism, and resilience

In the wake of the pandemic, and the fast-unfolding of the climate change crisis has basically brought into focus...

Updated 02 May, 2025 10:21pm

PSO stays strong in tough market

In 9MFY25, Pakistan State Oil (PSX: PSO demonstrated resilience amid a challenging economic and industrial ...

Updated 02 May, 2025 07:59am

Cement’s: Bright spots

There is much cause for celebration for cement companies whose combined earnings, after accounting for tax, has more...

Updated 02 May, 2025 07:59am

MENA

Dubai: tech promises to change holiday experience at Arabian Travel Market

DUBAI: For most tourists, travelling is about creating memories and telling and retelling stories from their...

Updated 02 May, 2025 04:30pm

Damaged water supply line: CEO KW&SC directs timely completion of repair work

KARACHI: CEO of Karachi Water and Sewerage Corporation (KW&SC) Ahmed Ali Siddiqui, visited the University of...

Published 02 May, 2025 06:12am

‘Disclosure of identity of rape victims violates cardinal rights’

LAHORE: The Lahore High Court held the other day that disclosure of the identity of the rape victims violates the...

Published 02 May, 2025 06:12am

Over 40,000 mine workers being provided ration cards

LAHORE: On the occasion of Labour Day, Punjab Minister for Minerals Sher Ali Gorchani extended heartfelt tribute to...

Published 02 May, 2025 06:12am

CBD Punjab launches special video to honour labour workforce

LAHORE: The Punjab Central Business District Development Authority (PCBDDA), also known as CBD Punjab, launched a...

Published 02 May, 2025 06:12am

Sindh’s public-private partnership investment portfolio reaches Rs616bn

KARACHI: Sindh’s investment portfolio under the Public-Private Partnership (PPP) model has reached Rs616 billion,...

Updated 02 May, 2025 03:50pm

Int’l Labour Day: SCF organises series of community awareness sessions

HYDERABAD: On International Labour Day, the Sindh Community Foundation (SCF), in collaboration with the Commonwealth...

Published 02 May, 2025 06:12am

Heatwave likely to subside from today

KARACHI: The relentless heatwave gripping much of Sindh is expected to subside from Friday, May 2, the Met Office...

Published 02 May, 2025 06:12am

CLIP launched to accelerate homegrown climate tech solutions in Pakistan

KARACHI: In the face of escalating climate threats, Renewables First and New Energy Nexus have jointly launched...

Updated 02 May, 2025 07:47am

PARTLY FACETIOUS: The country is finally united

“I can unhesitatingly say the country is finally united.” “War or the threat of war unites even a very divided...

Published 02 May, 2025 06:12am

Sindh, WFP launch Rs578mn School Meals Pilot project in Malir

KARACHI: Sindh Chief Minister Syed Murad Ali Shah and Coco Ushiyama, the Country Director of the World Food...

Updated 02 May, 2025 03:49pm

Sultans lose 7th game in HBL-PSL-X: Vince, Khushdil and Nabi shine for Kings

LAHORE: David Warner’s Karachi Kings romped to a dominating 87-run win over Multan Sultans here at the Gaddafi...

Published 02 May, 2025 06:12am

Wasa to complete 4,000ft sewer line by 30th

LAHORE: The Water and Sanitation Authority (Wasa) Lahore will complete the project of constructing a new sewer line...

Published 02 May, 2025 06:12am

World Immunization Week 2025 concludes

ISLAMABAD: The World Immunization Week 2025 celebrated countrywide from April 24-30 has concluded on a note that...

Published 02 May, 2025 06:12am

Constitution embodies right to dignity, fair pay: CJP Afridi

ISLAMABAD: The Chief Justice of Pakistan Thursday said the constitution embodies the right to dignity, fair...

Updated 02 May, 2025 03:48pm

South Asia

Bangladesh begins three days of mass political rallies

DHAKA: Three days of political rallies began in Bangladesh on Thursday with rival groups to stage mass...

Updated 02 May, 2025 03:47pm

Indus Waters Treaty: Bilawal assails Modi

MIRPURKHAS: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Thursday launched a fierce attack on...

Updated 02 May, 2025 03:47pm

COAS witnesses high-intensity military drill

ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir on Thursday said that “any military misadventure by...

Published 02 May, 2025 06:12am

Ambassador of Somalia visits TUF

FAISALABAD: “We are eager to strengthen educational ties with Pakistan,” said HE Sheikh Noor Mohammed Hassan,...

Published 02 May, 2025 06:12am

Mother of deceased policyholder secures due share

LAHORE: A mother of a deceased policyholder secures her due share out of the policy proceeds. According to details,...

Updated 02 May, 2025 08:16am

Int’l Labour Day: Punjab PA speaker pays tribute to working class

LAHORE: Punjab Assembly Speaker Malik Muhammad Ahmad Khan, in his message on the occasion of International Labour...

Published 02 May, 2025 06:12am

CM Maryam vows to safeguard rights of workers

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif, while paying rich tribute to the industrial services of workers,...

Updated 02 May, 2025 08:17am

PML-N organises workers’ convention on Labour Day

LAHORE: Speakers at a workers convention organized by the Pakistan Muslim League (N) Labour Wing, here at Alhamra...

Published 02 May, 2025 06:12am

The Weather

KARACHI: The weather report on Thursday (May 01, 2025) and the forecast for Friday (May 02, 2025)...

Published 02 May, 2025 06:12am

CASA and the World Bank

EDITORIAL: As per a Business Recorder exclusive, the World Bank is likely to extend the closing date of Central Asia...

Updated 02 May, 2025 07:24am

Energy

Gulf bourses end mixed on oil price fall

DUBAI: Stock markets in the Gulf ended mixed on Thursday amid falling oil prices and weaker-than-expected US GDP...

Published 02 May, 2025 06:12am

Stocks

Nikkei climbs as BOJ signals longer road to rate hikes

TOKYO: Japan’s Nikkei share average rose on Thursday, extending early gains after the Bank of Japan slashed growth...

Published 02 May, 2025 06:12am

Stocks

FTSE 100 flat as investors assess mixed corporate earnings

LONDON: Britain’s benchmark stocks index ended flat on Thursday, as investors assessed a mixed bag of corporate...

Published 02 May, 2025 06:12am

Stocks

Wall Street leaps to 1-month highs as Microsoft, Meta surge

NEW YORK: Wall Street’s main indexes jumped to around one-month highs on Thursday, with the tech-heavy Nasdaq...

Published 02 May, 2025 06:12am

Commodities

Japanese rubber futures end flat

TOKYO: Japanese rubber futures ended flat on Thursday as investors remained cautious amid fears over a slowing ...

Published 02 May, 2025 06:12am

Commodities

Hopes of progress in US trade talks lift copper

LONDON: Copper prices rose in London on Thursday as hopes for progress in US tariff talks with top consumer China ...

Published 02 May, 2025 06:12am

Commodities

Asia rice: Strong rupee lifts Indian prices despite tepid demand

BENGALURU, MUMBAI, BANGKOK AND DHAKA: Indian rice prices climbed to a near one-month high this week, bolstered by an...

Published 02 May, 2025 06:12am

Commodities

US export demand pulls corn prices higher

CANBERRA: Chicago corn and wheat futures rose on Thursday after sharp declines earlier in the week, with corn...

Published 02 May, 2025 06:12am

Energy

Oil prices little changed

HOUSTON: Oil held steady on Thursday after strong earnings from Meta and Microsoft supported US equities and...

Published 02 May, 2025 06:12am

Energy

US natural gas prices up on daily output drop

NEW YORK: US natural gas futures edged up about 1% on Thursday on a drop in output over the past few days and...

Published 02 May, 2025 06:12am

Commodities

Gold slips on trade talk hopes

NEW YORK: Gold dipped to a two-week low on Thursday, pressured by signals of softening trade tensions and a holiday...

Published 02 May, 2025 06:12am

Forex

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 02 May, 2025 06:12am

Sindh Revenue Board’s April collection grows 24% YoY

KARACHI: Sindh Revenue Board (SRB) has recorded a 24 percent growth in revenue collection for April. According to...

Updated 02 May, 2025 03:45pm

President, PM take stock of situation

Express deep concern over India’s belligerent attitude

Updated 02 May, 2025 02:19pm

Growth in Pakistan may stay broadly unchanged: IMF

ISLAMABAD: Growth for Pakistan is expected to remain broadly unchanged in fiscal year 2025, reflecting a 0.6...

Updated 02 May, 2025 02:20pm

Pakistan loses Rs750bn tax revenue to illicit trade, smuggling yearly: report

ISLAMABAD: Pakistan loses Rs 750 billion in tax revenue per annum due to illicit trade and smuggling, reflecting...

Updated 02 May, 2025 09:04am

State Bank of Pakistan identifies obstacles to FDI inflows

KARACHI: The State Bank of Pakistan (SBP) has identified political and economic instability, high taxation and...

Updated 02 May, 2025 09:23am

Pakistan allows 150 Afghan trucks to enter India via Wagah border

ISLAMABAD: Pakistan has allowed 150 Afghan trucks to enter India via the Wagah border, in a significant development...

Updated 02 May, 2025 09:01am

China puts its weight behind Pakistan

ISLAMABAD: As tensions between Pakistan and India continue to rise, China on Thursday reaffirmed its unwavering...

Updated 02 May, 2025 09:01am

Pakistan expresses solidarity with Palestine at ICJ

ISLAMABAD: Foreign Office (FO) said that Pakistan has always and shall continue to stand by the Palestinians in...

Updated 02 May, 2025 09:04am

Imports under HS Codes 3402.1300 and 3402.1190: SC dismisses petition seeking zero duty

ISLAMABAD: The Supreme Court dismissed a petition seeking zero per cent customs duty on the import of items under HS...

Updated 02 May, 2025 09:29am

Earning below Rs1 million annually: KTBA proposes tax exemption for salaried people

KARACHI: Karachi Tax Bar Association (KTBA) has proposed to exempt income tax from the salaried class earning below...

Updated 02 May, 2025 09:03am

Within Karachi Flight Information Region: PCAA announces temporary closure of air traffic services

KARACHI: Pakistan Civil Aviation Authority has announced temporary closures of air traffic service within the...

Updated 02 May, 2025 09:23am

Structural reforms: Still waiting for political will

EDITORIAL: The State Bank of Pakistan’s latest Financial Stability Review once again makes a point that should by...

Updated 02 May, 2025 07:26am

Money & Banking

Yen tumbles with BOJ on hold; dollar rises

NEW YORK: The yen sank on Thursday as the Bank of Japan lowered growth forecasts due to US tariffs and left interest...

Published 02 May, 2025 06:12am

Indus Dyeing & Manufacturing Company Limited

Indus Dyeing & Manufacturing Company Limited (PSX: IDYM) was incorporated in Pakistan as a public limited ...

Updated 02 May, 2025 08:09am

Pakistan, Bangladesh garment manufacturers sign MoUs

LAHORE: Key milestones were achieved in strengthening trade ties between Pakistan and Bangladesh textile sectors...

Published 02 May, 2025 06:12am

Industry

Italy reaffirms support for textile industry, offers advanced tech to boost exports

KARACHI: Italian Ambassador to Pakistan, Marilina Armellin, has reaffirmed Italy’s long-standing commitment to...

Published 02 May, 2025 06:12am

Economy stabilising despite challenges, says businessman

KARACHI The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and ...

Published 02 May, 2025 06:12am

Standard Chartered Foundation, British Asian Trust renew alliance

KARACHI: Standard Chartered Foundation and British Asian Trust renew partnership to support young women...

Published 02 May, 2025 06:12am

Companies

Pakistan Conference at Harvard: NFL outlines economic opportunities and challenges

KARACHI: National Foods Limited participated, as a key partner, in the first-ever Pakistan Conference 2025 at...

Published 02 May, 2025 06:12am

TDAP to participate in Automechanika Frankfurt 2026

KARACHI: Pakistani manufacturers will participate in the four-day exhibition Automechanika Frankfurt 2026, while the...

Published 02 May, 2025 06:12am

Companies

Cross-border trade: Firm launches AI ‘Faceless Operations’

KARACHI: A Pakistani technology company, Galaxefi, has introduced AI Faceless Operations, a fully automated,...

Published 02 May, 2025 06:12am

ACCA hosts dinner: SSO sector’s role in boosting economic growth, job creation underscored

Industry

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	285.03
USD PKR Interbank Buying / Jul 17	284.83
USD to Japanese Yen / Jul 17	148.67
USD to Swiss Franc / Jul 17	0.80
Pound Sterling to USD / Jul 17	1.34
Euro to USD / Jul 17	1.16
UK LIBOR % / Jul 15	4.96

Stock	Volume
S&P 500 / Jul 16	6,263.70
Nasdaq / Jul 16	20,730.49
Dow Jones / Jul 16	44,254.78
India Sensex / Jul 17	82,481.83
Tokyo Nikkei / Jul 17	39,901.19
Hang Seng / Jul 17	24,541.19
FTSE 100 / Jul 17	8,965.78
Germany DAX 30 / Jul 17	24,224.23
France CAC40 / Jul 17	7,791.07

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 16	16,585
Gold 10 Grams PKR / Jul 16	305,212
Petrol/Litre / Jul 17	272.15
Crude Oil USD/Barrel / Jul 17	66.56
Gold Spot USD/Ounce / Jul 17	3,335.18
Diesel/Litre / Jul 17	284.35
Cotton US¢/pound / Jul 17	68.94

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jul 17 Chenab Limited(CHBL)	8.65 ▲ 1 (13.07%)
Askari Life Assur. / Jul 17 Askari Life Assurance Company Limited(ALAC)	9.47 ▲ 1 (11.81%)
Trust Mod. / Jul 17 Trust Modaraba(TRSM)	9.72 ▲ 1 (11.47%)
First Dawood Prop. / Jul 17 First Dawood Properties Limited(FDPL)	6.80 ▲ 0.69 (11.29%)
Paramount Mod / Jul 17 First Paramount Modaraba(FPRM)	10.20 ▲ 1 (10.87%)
Zephyr Textile / Jul 17 Zephyr Textiles Limited(ZTL)	16.46 ▲ 1.5 (10.03%)
Habib Insurance / Jul 17 Habib Insurance Company Limited(HICL)	18.55 ▲ 1.69 (10.02%)
Int. Knit. / Jul 17 International Knitwear Limited(INKL)	31.85 ▲ 2.9 (10.02%)
Maqbool Tex. / Jul 17 Maqbool Textile Mills Limited(MQTM)	44.39 ▲ 4.04 (10.01%)
Sitara Peroxide / Jul 17 Sitara Peroxide Limited(SPL)	17.69 ▲ 1.61 (10.01%)

Stock	Price
Kohat Textile / Jul 17 Kohat Textile Mills Limited(KOHTM)	68.80 ▼ -7.2 (-9.47%)
Shahzad Tex. / Jul 17 Shahzad Textile Mills Limited(SZTM)	69.99 ▼ -7.23 (-9.36%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	40.11 ▼ -3.56 (-8.15%)
Nets Internat.Comm. / Jul 17 Nets International Communication Limited(GEMNETS)	38.20 ▼ -3.25 (-7.84%)
Hafiz Ltd. / Jul 17 Hafiz Limited(HAFL)	322.34 ▼ -27.09 (-7.75%)
Engro Poly(Pref / Jul 17 Engro Poly(Pref)(EPCLPS)	12 ▼ -1 (-7.69%)
First IBL Mod. / Jul 17 First IBL Modaraba(FIBLM)	5.98 ▼ -0.47 (-7.29%)
JS Global Cap. / Jul 17 JS Global Capital Limited(JSGCL)	136.51 ▼ -10.46 (-7.12%)
Apna Microfin. / Jul 17 Apna Microfinance Bank Limited(AMBL)	12.06 ▼ -0.89 (-6.87%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	103.06 ▼ -6.94 (-6.31%)

Stock	Volume
Pak Int.Bulk / Jul 17 Pakistan International Bulk Terminal(PIBTL)	68,721,208 ▲ 0.52
First Dawood Prop. / Jul 17 First Dawood Properties Limited(FDPL)	25,938,576 ▲ 0.69
Ghani Chemworld / Jul 17 Ghani Chemworld Limited(GCWL)	17,194,615 ▲ 0.86
Thatta Cement / Jul 17 Thatta Cement Company Limited(THCCL)	15,947,454 ▲ 1.41
Dewan Cement / Jul 17 Dewan Cement Limited(DCL)	13,568,788 ▲ 0.49
Hub Power Co. / Jul 17 The Hub Power Company Limited(HUBC)	11,436,470 ▲ 3.43
Treet Corp / Jul 17 Treet Corporation Limited(TREET)	10,370,807 ▲ 0.68
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	9,160,559 ▼ -0.14
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	9,126,272 ▲ 0.09
P.T.C.L. / Jul 17 Pakistan Telecommunication Company Ltd(PTC)	8,563,105 ▲ 0.97

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