News Archives for Print - 2025-05-24

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Print - 2025-05-24

Next general elections: ECP calls for more women and ‘transgender’ voters

ISLAMABAD: The Election Commission of Pakistan (ECP) declared on Friday that it is time to stop the excuses and get...

Updated 24 May, 2025 08:24am

Release of IK on parole: IHC issues its written order in Gandapur’s plea

ISLAMABAD: The Islamabad High Court (IHC), Friday, issued its written order in a petition of Chief Minister Khyber...

Published 24 May, 2025 07:48am

JI demands powers, funds for elected representatives

KARACHI: Jamaat-e-Islami (JI) Karachi chapter staged a ‘protest march’ from Khizra Mosque to the Sindh Assembly...

Published 24 May, 2025 07:47am

ACCA releases budget proposal for FY 2025–26

KARACHI: ACCA Pakistan has released its Budget Proposal for FY 2025–26, offering a strategic, reform-driven ...

Published 24 May, 2025 07:43am

Industry

Jam, Burkina Faso envoy discuss trade, economic ties

ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, and Ambassador-designate of Burkina Faso to Pakistan,...

Published 24 May, 2025 07:41am

Industry

Meeting of Cement & Clinker Export Task Force held

ISLAMABAD: In a significant move to enhance the competitiveness of Pakistan’s cement and clinker exports, the...

Published 24 May, 2025 07:39am

Companies

Strategic partnership with ‘Engro Corp’: Jazz secures all regulatory approvals

ISLAMABAD: Jazz has announced that it has secured all regulatory approvals for its strategic partnership with Engro...

Published 24 May, 2025 07:37am

Industry

Pharma bodies decry being ignored by SCQB

KARACHI: In violation of the Sindh Drug Rules, pharmaceutical manufacturers and distributors have expressed dismay...

Published 24 May, 2025 07:36am

Industry

Iran, Türkiye, Azerbaijan: FPCCI terms PM’s visit ‘positive, timely’ step

KARACHI: Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Amaan Paracha, has...

Published 24 May, 2025 07:35am

Industry

Appeals by PSMA, member mills: CAT remands case to CCP for fresh hearing

ISLAMABAD: The Competition Appellate Tribunal (CAT), while deciding the appeals filed by the Pakistan Sugar Mills...

Published 24 May, 2025 07:33am

Impact-based weather alert: Showers, thunder, winds & dust storms in Punjab, Islamabad & KPK likely

ISLAMABAD: National Emergencies Operation Centre (NEOC) of National Disaster Management Authority (NDMA) has issued...

Published 24 May, 2025 07:32am

Industry

Energy, minerals: Pakistan, Turkiye explore collaboration opportunities

ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with Irfan Neziroglu, ambassador of...

Published 24 May, 2025 07:29am

Industry

Fair share of taxes: PHMA objects to FBR’s claim

KARACHI: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) Chairman Muhammad Babar Khan has...

Published 24 May, 2025 07:25am

Polish envoy condemns Khuzdar terrorist attack

ISLAMABAD: Polish Ambassador Maciej Pisarski has strongly condemned the recent terrorist attack on schoolchildren in...

Published 24 May, 2025 07:24am

Industry

Tobacco exports surpasses $100m

ISLAMABAD: Federal Minister for National Food Security and Research Rana Tanveer Hussain on Friday said that...

Published 24 May, 2025 07:21am

Proceedings begin to declare PTI leader Aamir PO

ISLAMABAD: A local court on Friday initiated proceedings to declare Pakistan Tehreek-e-Insaf (PTI) leader Aamir...

Published 24 May, 2025 07:21am

Punjab reports decline in environmental poliovirus presence

LAHORE: Welcoming the significant decline in detection of the poliovirus in environmental samples across Punjab, the...

Published 24 May, 2025 07:20am

Industry

SAPM assures PVMA of prompt dues clearance

ISLAMABAD: Pakistan Vanaspati Manufacturers Association (PVMA) raised the challenges facing the ghee manufacturing...

Published 24 May, 2025 07:19am

SBP launches drive for digitalisation of payments in cattle markets

KARACHI: The State Bank of Pakistan (SBP), in collaboration with 22 leading commercial banks, is launching a...

Published 24 May, 2025 07:17am

Sub-committee formed to examine PSDP

ISLAMABAD: Public Sector Development Programme (PSDP) 2025–26 meeting, chaired by Deputy Prime Minister/Foreign...

Published 24 May, 2025 07:16am

Three-year strategic roadmap unveiled by PIDE Senate

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, as Chancellor, chaired...

Published 24 May, 2025 07:14am

Turkish CCI announces new funding for ‘Restoring River Ravi Project’

LAHORE: In a step towards water sustainability, Coca-Cola Içecek (CCI) Pakistan announced its new funding for...

Published 24 May, 2025 07:06am

World wants long-term Pakistan-India problems resolved: US

WASHINGTON: The US said it is “heartening” that America’s “involvement and assistance” made a difference ...

Published 24 May, 2025 07:04am

WWF-Pakistan for conserving migratory turtle species

KARACHI: Despite their global recognition, marine turtles continue to be overlooked in marine policy and planning,...

Published 24 May, 2025 07:01am

13 prefabricated vaccination centres built in underserved areas

ISLAMABAD: The World Health Organisation (WHO), in partnership with the Government of Pakistan, has built 13...

Published 24 May, 2025 06:59am

India, Pakistan extend airspace closures

KARACHI/NEW DELHI: Pakistan has extended its airspace restrictions on Indian aircraft till June 24, 2025. According...

Published 24 May, 2025 06:55am

CM appreciates CTD for killing 3 terrorists

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif expressed gratitude on the successful culmination of operation...

Published 24 May, 2025 06:21am

Over Rs800bn collected through e-Pay Punjab

LAHORE: The Punjab government has collected over Rs 800 billion in tax revenue through ‘e-Pay Punjab’, a ...

Published 24 May, 2025 06:21am

Railways inducts 30 new high-speed freight wagons

LAHORE: In a significant step to modernize the freight transportation system and facilitate the business community,...

Published 24 May, 2025 06:21am

Minister, DG GCLI discuss animal breed improvement

LAHORE: Punjab Minister for Livestock and Agriculture Syed Ashiq Hussain Kirmani met with Director General Green...

Published 24 May, 2025 06:21am

Naila Kiani summits Kanchenjunga

LAHORE: Pakistani mountaineer, Naila Kiani, has successfully summited Kanchenjunga (8,586m)—the world’s third...

Published 24 May, 2025 06:21am

Heart patients: PIC Lahore delivers drugs worth Rs130m

LAHORE: Chief Minister Punjab’s Project for home delivery of medicine to heart patients is successfully in ...

Published 24 May, 2025 06:21am

Clarification

KARACHI: Karachi International Container Terminal wishes to clarify its position on the news published in the BR on...

Published 24 May, 2025 06:21am

Orangi Town is no longer classified as ‘slum’: Rs7bn uplift package allocated by Sindh govt

KARACHI: In a major urban development milestone, the Sindh government announced that Orangi Town is no longer...

Published 24 May, 2025 06:21am

Electric scooters to women: Sindh govt to hold ballot next month

KARACHI: The Sindh government has decided to hold a balloting next month to distribute electric scooters to women. ...

Published 24 May, 2025 06:21am

Flood rehabilitation housing project: Aseefa, World Bank MD distribute ownership rights certificates to women homeowners

HYDERABAD: Anna Bejerde, Managing Director of the World Bank, accompanied by First Lady Aseefa Bhutto Zardari, Sindh...

Published 24 May, 2025 06:21am

Tribute paid to Field Marshal Asim Munir

KARACHI: Renowned businessman and philanthropist Muhammad Bashir Janmuhammad paid tribute to Field Marshal Syed Asim...

Published 24 May, 2025 06:21am

Cyclonic system roars across the Arabian Sea

KARACHI: As a potential cyclonic system intensifies over the Arabian Sea, large parts of Pakistan brace for a spell...

Published 24 May, 2025 06:21am

Fahd Haroon meets Saudi envoy

ISLAMABAD: Fahd Haroon, Minister of State/Special Assistant to the Prime Minister, held a meeting on Friday, with...

Published 24 May, 2025 06:21am

USA

Judge halts Trump block on foreign students at Harvard

NEW YORK: A judge temporarily suspended Friday the Trump administration’s move to block Harvard from enrolling and...

Published 24 May, 2025 06:21am

Local currencies: Taliban in talks with Russia, China for trade transactions

KABUL: The Taliban administration is in advanced talks with Russia for banks from both sanctions-hit economies to...

Published 24 May, 2025 06:21am

Khuzdar incident an India-sponsored act: ISPR

ISLAMABAD: Director General Inter-Services Public Relations (ISPR) Lt Gen Ahmed Sharif Chaudhry on Friday...

Published 24 May, 2025 06:21am

Bilawal seeks PM’s guidance on how to promote Pakistan’s stance

ISLAMABAD: The chairman of Pakistan People’s Party (PPP) Bilawal Bhutto-Zardari on Friday thanked Prime Minister...

Published 24 May, 2025 06:21am

Modi’s allegations stoking regional tensions: FO

ISLAMABAD: Urging the Indian leadership to exercise responsibility and restraint, Pakistan has categorically ...

Published 24 May, 2025 06:21am

UAF, AFL ink LoI

FAISALABAD: University of Agriculture Faisalabad (UAF) and Alliance Française de Lahore (AFL) have inked a Letter ...

Published 24 May, 2025 06:21am

British economist meets PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday emphasised the importance of maintaining a balanced approach...

Published 24 May, 2025 06:21am

Senate passes Civil Courts (Amendment) Bill, 2025

ISLAMABAD: The Upper House of the Parliament on Friday passed the Civil Courts (Amendment) Bill, 2025, which ...

Published 24 May, 2025 06:21am

Jinnah Square Murree Road underpass inaugurated: PM praises armed forces for registering ‘momentous’ victory

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday pointed out that Pakistan’s armed forces dealt a “crushing...

Published 24 May, 2025 06:21am

Who won the war?

“In war, truth is the first casualty.” This quote is commonly attributed to the great Greek philosopher...

Updated 24 May, 2025 08:04am

The Weather

KARACHI: The weather report on Friday (May 23, 2025) and the forecast for Saturday (May 24, 2025)...

Updated 24 May, 2025 08:41am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (May 23,...

Published 24 May, 2025 06:21am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (May 23, 2025). ==================================== BR...

Published 24 May, 2025 06:21am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (May 23, 2025)....

Published 24 May, 2025 06:21am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (May 23, 2025). ======================== Open Bid Rs...

Published 24 May, 2025 06:21am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (May 23, 2025). ========================== KIBOR...

Published 24 May, 2025 06:21am

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 24 May, 2025 06:21am

Tobacco industry distraction?

As Pakistan grapples with economic instability and a looming revenue shortfall, the tobacco industry has once again...

Updated 24 May, 2025 08:13am

Letters

India’s proxy war and the blood of our innocent children

On May 21, 2025, Pakistan woke up to yet another unspeakable tragedy. A suicide bomber targeted a school bus in...

Published 24 May, 2025 06:21am

A fragile silence

When President Donald Trump recently claimed victory in mediating ceasefires in Ukraine, Gaza, and now between India...

Updated 24 May, 2025 07:56am

Conflicts in history

So what would you equate the senseless charge of the Indians under the assumption that they will overwhelm the armed...

Updated 24 May, 2025 08:00am

Commodities

Gold prices surge

KARACHI: Gold prices made a strong recovery on Friday, depicting a sharp rise in the global market, again surpassing...

Published 24 May, 2025 06:21am

Evolving power dynamics

Pakistan’s northern and northwestern borders are once again witnessing evolving power dynamics that have both...

Updated 24 May, 2025 07:55am

Rates

Range-bound PSX

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile session on Friday and closed lower due to investor...

Published 24 May, 2025 06:21am

IMF has helped Pakistan stabilise economy: Zardari

ISLAMABAD: A delegation of the International Monetary Fund (IMF), led by Jihad Azour, Friday, met with President...

Updated 24 May, 2025 10:43am

CDWP clears seven projects worth Rs104bn

ISLAMABAD: The Central Development Working Party (CDWP) cleared seven development projects at cost of Rs104 billion....

Updated 24 May, 2025 11:03am

Pakistan Tax Bar Association urges FBR to extend ST return filing deadline

KARACHI: The Pakistan Tax Bar Association (PTBA) has formally requested the Federal Board of Revenue (FBR) to extend...

Updated 24 May, 2025 10:58am

IMF dismisses misconceptions about lending to Pakistan

WASHINGTON: International Monetary Fund (IMF) Director of Communications, Julie Kozack, firmly responded to an...

Updated 24 May, 2025 10:42am

High Court judges’ transfer: SC affirms President’s constitutional authority

ISLAMABAD: The Supreme Court said that president of Pakistan has constitutional power to transfer judges from one...

Published 24 May, 2025 06:21am

PARTLY FACETIOUS: An accountant’s common sense?

“One must change with the times, don’t you think!” “C S Lewis, the well-known author of children’s books said isn’t...

Updated 24 May, 2025 07:54am

Austerity for people, exceptions for state

EDITORIAL: In a country where every budget cycle tightens the noose on the ordinary citizen, the procurement of 179...

Updated 24 May, 2025 08:30am

Steel in the soul of friendship

EDITORIAL: There are few bilateral relationships in the modern world as enduring — and as resolutely unflinching...

Updated 24 May, 2025 08:30am

Industry

Proposed tariff rationalisation plan discussed

ISLAMABAD: Chairman of Lucky Motor Corporation (LMC) Muhammad Ali Tabba has met with the Federal Minister for ...

Published 24 May, 2025 06:21am

LCCI says optimistic about govt’s response to budget proposals

LAHORE: The Lahore Chamber of Commerce and Industry has expressed optimism the federal government would incorporate...

Published 24 May, 2025 06:21am

Industry

Stolen vehicle: Insurance firm declines to pay depreciated value

LAHORE: An insurance company has declined to pay depreciated value of a stolen vehicle. According to details, the...

Published 24 May, 2025 06:21am

Less hydel output: Generation mix changes may affect rebased tariff: Nepra

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday said that impact of change in...

Updated 24 May, 2025 10:45am

Companies

Engro approves partnership with Jazz to expand telecom infrastructure

KARACHI: Engro Holdings Limited has announced that Engro Corporation Limited has secured all approvals for its...

Published 24 May, 2025 06:21am

Money & Banking

Asian emerging currencies extend gains

BENGALURU: Emerging Asian currencies gained ground on Friday and extended their rally to a fourth-straight session,...

Published 24 May, 2025 06:21am

Money & Banking

Trump’s tariff threat trims euro gains

NEW YORK: The euro pared gains sharply on Friday, after US President Donald Trump once again ratcheted up his trade...

Published 24 May, 2025 06:21am

Money & Banking

Bank holiday on 28th

KARACHI: The State Bank of Pakistan (SBP) will remain closed on May 28, 2025 (Wednesday) being public holiday on the...

Published 24 May, 2025 06:21am

Commodities

Weekly SPI down 0.29pc

ISLAMABAD: The SPI for the current week ended May 22, decreased by 0.29 percent. Major decrease has been observed in...

Published 24 May, 2025 06:21am

FY26 budget on June 10

ISLAMABAD: Pakistan government will present its budget for the financial year 2025-26 on Tuesday, June 10, 2025,...

Published 24 May, 2025 06:21am

Tax ordinance will be reviewed, SAPM tells FPCCI

KARACHI: Haroon Akhtar Khan, Special Assistant to Prime Minister (SAPM) for Industries & Production, has assured...

Updated 24 May, 2025 10:57am

MYT regime: Nepra unveils KE’s 7-year D&T tariffs

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has announced K-Electric’s distribution and...

Updated 24 May, 2025 10:56am

Agreed EFF conditions: Any deviation could affect future reviews

ISLAMABAD: Any deviation from the established programme conditions would impact future reviews under the Pakistan...

Updated 24 May, 2025 10:46am

Freelance services: annual foreign exchange inflows may reach $500m in Pakistan

KARACHI: Annual foreign exchange inflows from freelance services are rapidly growing and expected to reach $500...

Updated 24 May, 2025 12:22pm

PM assures presidents of chambers of commerce: Steps being taken to ensure access to easy business loans

Premier stresses efforts to lower electricity costs

Updated 24 May, 2025 10:41am

Tanneries: LHC concerned at discharge of polluted water

LAHORE: The Lahore High Court on Friday expressed concern over the discharge of polluted water by tanneries and...

Updated 24 May, 2025 07:45am

Companies

IMC signs MoU with DIL

KARACHI: The Indus Motor Company (IMC) has signed a Memorandum of Understanding (MoU) with Development in Literacy...

Updated 24 May, 2025 07:45am

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
First Dawood Prop. / Jul 17 First Dawood Properties Limited(FDPL)	6.93 ▲ 0.82 (13.42%)
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%)
Khalid Siraj / Jul 17 Khalid Siraj Textile Mills Limited(KSTM)	9.97 ▲ 1 (11.15%)
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%)
Int. Knit. / Jul 17 International Knitwear Limited(INKL)	31.85 ▲ 2.9 (10.02%)
Sitara Peroxide / Jul 17 Sitara Peroxide Limited(SPL)	17.69 ▲ 1.61 (10.01%)
Maqbool Tex. / Jul 17 Maqbool Textile Mills Limited(MQTM)	44.39 ▲ 4.04 (10.01%)

Stock	Price
Kohat Textile / Jul 17 Kohat Textile Mills Limited(KOHTM)	68.40 ▼ -7.6 (-10%)
Shahzad Tex. / Jul 17 Shahzad Textile Mills Limited(SZTM)	69.98 ▼ -7.24 (-9.38%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	40 ▼ -3.67 (-8.4%)
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%)
First IBL Mod. / Jul 17 First IBL Modaraba(FIBLM)	5.99 ▼ -0.46 (-7.13%)
Apna Microfin. / Jul 17 Apna Microfinance Bank Limited(AMBL)	12.06 ▼ -0.89 (-6.87%)
Idrees Tex. / Jul 17 Idrees Textile Mills Limited(IDRT)	20 ▼ -1.3 (-6.1%)
Beco Steel Ltd / Jul 17 Beco Steel Limited(BECO)	22.30 ▼ -1.39 (-5.87%)
Habib Rice Products / Jul 17 Habib Rice Product Limited(HRPL)	30 ▼ -1.83 (-5.75%)

Stock	Volume
Pak Int.Bulk / Jul 17 Pakistan International Bulk Terminal(PIBTL)	69,208,600 ▲ 0.53
First Dawood Prop. / Jul 17 First Dawood Properties Limited(FDPL)	31,520,035 ▲ 0.82
Ghani Chemworld / Jul 17 Ghani Chemworld Limited(GCWL)	20,374,908 ▲ 1.2
Thatta Cement / Jul 17 Thatta Cement Company Limited(THCCL)	16,529,060 ▲ 1.41
Dewan Cement / Jul 17 Dewan Cement Limited(DCL)	14,049,481 ▲ 0.49
Treet Corp / Jul 17 Treet Corporation Limited(TREET)	13,516,112 ▲ 0.68
Hub Power Co. / Jul 17 The Hub Power Company Limited(HUBC)	11,956,057 ▲ 4.44
Pervez Ahmed Consultancy / Jul 17 Pervez Ahmed Consultancy Services Ltd.(PASL)	11,316,256 ▲ 0.11
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	10,175,614 ▼ -0.08
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	9,388,031 ▲ 0.1

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