News Archives for Print - 2025-03-18

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Print - 2025-03-18

Excessive fares: Sharjeel orders action against transporters

KARACHI: Sindh Senior Minister Sharjeel Inam Memon has ordered action against those charging excessive fares during...

Published 18 Mar, 2025 08:40am

Industry

Raising tobacco taxes right approach to reducing smoking rates?

KARACHI: A growing debate in Pakistan questions whether raising tobacco taxes is the right approach to reducing...

Published 18 Mar, 2025 08:36am

Property disputes of overseas Pakistanis: Special courts being set up in Islamabad

ISLAMABAD: Special courts will be established in Islamabad to address property disputes involving overseas...

Published 18 Mar, 2025 08:35am

Punjab CM announces package for special people

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif announced a package for the special people. After conducting ...

Published 18 Mar, 2025 08:35am

Azma accuses PTI members of ‘hatching conspiracies against country’

LAHORE: Punjab Information Minister Azma Bokhari has said that Pakistan Army soldiers are laying down their lives to...

Published 18 Mar, 2025 08:32am

Industry

TDAP launches plan with private sector’s collaboration

FAISALABAD: TDAP has launched an ambitious programme to enhance exports in collaboration with the private sector ...

Published 18 Mar, 2025 08:31am

World Special Olympics: CM greets ‘Special Heroes’ for performance

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif has paid tribute to Pakistan’s “Special Heroes” for winning...

Published 18 Mar, 2025 08:30am

EPA allots identification numbers to industrial units, brick kilns

LAHORE: The Punjab Environmental Protection Agency (EPA), for the first time in Pakistan, has allotted unique...

Published 18 Mar, 2025 08:29am

Zakir Naik meets Nawaz

LAHORE: Religious scholar Dr Zakir Naik called on Pakistan Muslim League (Nawaz) President Nawaz Sharif at his Jati...

Published 18 Mar, 2025 08:26am

IHC orders consolidation of cases on meetings with IK

ISLAMABAD: The Islamabad High Court (IHC), Monday, directed that all cases related to meetings with Pakistan...

Published 18 Mar, 2025 08:25am

Ready to resign if it helps improve security situation: Asif

ISLAMABAD: Defence Minister Khawaja Asif said on Monday that he was ready to step down if it is the solution to...

Published 18 Mar, 2025 08:25am

81pc surge in terrorism-related incidents in Q1 2025

ISLAMABAD: Pakistan has witnessed an alarming 81 percent surge in terrorism-related incidents in the first quarter ...

Published 18 Mar, 2025 08:22am

190m pounds transferred from UK to build varsity condemned

ISLAMABAD: Former senator and president human rights cell of PPP Farhatullah Babar has issued the following ...

Published 18 Mar, 2025 08:18am

Crackdown continues against profiteering

LAHORE: The district administration on Monday continued with it crackdown against profiteering; it penalised people...

Published 18 Mar, 2025 08:16am

Daughter is eligible for govt job after father’s death: SC

ISLAMABAD: The Supreme Court of Pakistan on Monday declared that a daughter is eligible for government job if her...

Published 18 Mar, 2025 08:14am

FAO team discusses climate data enhancement at SAU

HYDERABAD: A high-level delegation from the Food and Agriculture Organization (FAO) of the United Nations, under the...

Published 18 Mar, 2025 08:12am

Taxes

‘Late document submission doesn't void self-assessment benefit’

LAHORE: A tax appellate forum has declared that failure on the part of an assessee to submit documents within...

Published 18 Mar, 2025 08:08am

Karachi stunned as meteor fireball lights up sky

KARACHI: A meteor fireball travelling across the sky stunned the Karachiites during wee hours of Monday, according ...

Published 18 Mar, 2025 08:07am

LDA seals 87 properties

LAHORE: The Lahore Development Authority (LDA) has intensified its campaign against illegal commercial buildings,...

Published 18 Mar, 2025 08:00am

Compensation to deceased pilot family: LHC seeks replies from PIA, others on contempt plea

LAHORE: The Lahore High Court (LHC) on Monday sought replies from Pakistan International Airline (PIA) and others on...

Published 18 Mar, 2025 07:59am

LHC suspends inquiry against FBR official

LAHORE: The Lahore High Court on Monday suspended a departmental inquiry of alleged negligence against Commissioner...

Published 18 Mar, 2025 07:57am

Specific budget granted to schools: Murad abolishes additional TO, DEO, director posts

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, while presiding over a review meeting on school education,...

Published 18 Mar, 2025 07:55am

Companies

Mastercard holders can now add cards to Google Wallet

KARACHI: Mastercard has announced that cardholders in Pakistan can now add their Mastercard cards to Google Wallet...

Published 18 Mar, 2025 07:55am

Senior officials of FGEHA: Senate body recommends criminal proceedings

ISLAMABAD: The Senate Functional Committee on Problems of Less Developed Areas has recommended initiating criminal...

Published 18 Mar, 2025 07:50am

Sindh Assembly commences pre-budget debate

KARACHI: The Sindh Assembly commenced its pre-budget debate on Monday, which will continue in the House through ...

Published 18 Mar, 2025 07:48am

South African defence team meets Chief of the Air Staff

RAWALPINDI: A high-level defence delegation from the Republic of South Africa, led by Dr Thobekile Gamede, Acting...

Published 18 Mar, 2025 07:46am

Peshawar Zalmi announces partnership with Cheezious for PSL-10

LAHORE: Peshawar Zalmi, one of the franchises in the Pakistan Super League (PSL) has announced its partnership with...

Published 18 Mar, 2025 07:43am

The Uraan Plan: reality check

The Uraan Plan, although ambitiously faulty, is built on some good bones. It introduces the 5E’s framework –...

Published 18 Mar, 2025 07:32am

The better half of Pakistan’s economy

As the world celebrated International Women’s Day this year, Pakistan remained at crossroads. The founder of this...

Published 18 Mar, 2025 07:28am

Medical, dental students: UHS approves new academic regulations

LAHORE: The University of Health Sciences (UHS) Syndicate, in its 85th meeting on Monday, approved new academic...

Published 18 Mar, 2025 07:16am

PTI to attend in-camera PCNS moot

ISLAMABAD: The opposition Pakistan Tehreek-e-Insaf (PTI) confirmed on Monday that it will participate in the...

Published 18 Mar, 2025 07:13am

Letters

‘Another brazen attack’

This is apropos a Business Recorder editorial “Another brazen attack” carried by the newspaper recently. No...

Published 18 Mar, 2025 07:12am

Palestine: To be or not to be

“Courage is a heavy gift to carry, Francisca Albanese UN Special Repertoire says, “but not as heavy as 13,000...

Published 18 Mar, 2025 07:08am

Provincial revenue mobilisation

The previous article had focused on the overall fiscal performance of Provincial governments in the first six months...

Published 18 Mar, 2025 07:03am

Gross negligence

EDITORIAL: Presumed to be free from contamination by bacteria or chemicals, bottled water in this country can still...

Published 18 Mar, 2025 07:00am

Industry

Country’s economic house is not exactly in order: BMP

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) on Monday observed...

Published 18 Mar, 2025 06:55am

Lowest power production in Feb 2025: KPCM Advisor rejects federal govt’s claims of economic improvement

PESHAWAR: Advisor to the Chief Minister Khyber Pakhtunkhwa Muzzammil Aslam has rejected the federal government's...

Published 18 Mar, 2025 06:51am

Staff Level Agreement: misplaced optimism?

EDITORIAL: The International Monetary Fund (IMF) on the last day of its first review mission to Pakistan - from 24...

Published 18 Mar, 2025 06:46am

PM orders crackdown on ‘seed mafia’

ISLAMABAD: In an effort to protect the agricultural industry from ‘seed mafia’ and ensure that farmers have access...

Updated 18 Mar, 2025 09:11am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (March 17, 2025). ==================================== BR...

Published 18 Mar, 2025 05:33am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (March 17, 2025). ======================================= Offset...

Published 18 Mar, 2025 05:33am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 17, 2025)...

Published 18 Mar, 2025 05:33am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 17, 2025)....

Published 18 Mar, 2025 05:33am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (March 17, 2025)....

Published 18 Mar, 2025 05:33am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (March 17, 2025). ======================== Open Bid Rs...

Published 18 Mar, 2025 05:33am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on...

Published 18 Mar, 2025 05:33am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (March 17, 2025). ========================== KIBOR...

Published 18 Mar, 2025 05:33am

Rates

LME official prices

LONDON: The following were Friday official prices. ========================================= ALUMINIUM...

Published 18 Mar, 2025 05:33am

The Weather

KARACHI: The weather report on Monday (March 17, 2025) and the forecast for Tuesday (March 18, 2025)...

Published 18 Mar, 2025 05:33am

Import of 104 types of branded chocolates: Customs values revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new Customs values on the import of 104 types...

Published 18 Mar, 2025 05:33am

Commodities

Gold hits new all-time highs

KARACHI: Local and international gold prices touched new historic highs on Monday, as global market moved further...

Published 18 Mar, 2025 05:33am

Commodities

Gold prices firm

NEW YORK: Gold prices were steady on Monday, sitting just below the $3,000 mark that was finally broken last week,...

Published 18 Mar, 2025 05:33am

Energy

Oil prices tick up

HOUSTON: Oil prices edged higher on Monday after the United States vowed to keep attacking Yemen’s Houthis until...

Published 18 Mar, 2025 05:33am

Cotton & Textile

Mills sideline on lack of buying interest

LAHORE: The local cotton market on Monday remained bearish and the trading volume remained low. Cotton analyst...

Published 18 Mar, 2025 05:33am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Monday, (March 17, 2025)...

Published 18 Mar, 2025 05:33am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 387,964 tonnes of cargo comprising 251,014 tonnes of import cargo and ...

Published 18 Mar, 2025 05:33am

Commodities

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 38.089 billion...

Published 18 Mar, 2025 05:33am

Commodities

Copper buoyed by Chinese stimulus measures

LONDON: Copper prices rose on Monday, supported by the latest economic stimulus plan from top metals consumer China...

Published 18 Mar, 2025 05:33am

Commodities

Iron ore futures drop

BEIJING: Iron ore futures slumped on Monday, as a series of property data from top consumer China heightened ...

Published 18 Mar, 2025 05:33am

Commodities

Malaysian palm oil lower on poor export data

JAKARTA: Malaysian palm oil futures closed lower on Monday, tracking movement of rival edible oils at the Dalian...

Published 18 Mar, 2025 05:33am

Commodities

Japanese rubber futures recoils on firmer yen, trade war worries

SINGAPORE: Japanese rubber futures retreated on Monday on a strengthening yen, while escalating trade measures...

Published 18 Mar, 2025 05:33am

Commodities

Wheat rebounds on lower Russian export forecast; corn, soybeans rise

SINGAPORE: Chicago wheat futures bounced back on Monday, rising more than 1% as expectations of lower exports from...

Published 18 Mar, 2025 05:33am

Energy

US natural gas prices ease

NEW YORK: US natural gas futures eased to a two-week low on Monday on record output, negative spot prices at the ...

Published 18 Mar, 2025 05:33am

Commodities

Russian wheat export prices rise with global prices

MOSCOW: Russian wheat export prices rose on Monday as a partial recovery in demand from importers lifted world ...

Published 18 Mar, 2025 05:33am

Stocks

Financials lead rise in Indian shares

MUMBAI: Financials propelled India’s benchmark equity indexes higher on Monday on the back of positive global ...

Published 18 Mar, 2025 05:33am

Stocks

China stocks end flat as consumption measures fail to impress investors

SHANGHAI: Chinese stocks ended the day nearly unchanged on Monday as the government’s plans to boost domestic...

Published 18 Mar, 2025 05:33am

Money & Banking

Asian currencies mixed, won leads gains

BENGALURU: Most Asian equities advanced on Monday after China unveiled fresh measures to boost domestic consumption,...

Published 18 Mar, 2025 05:33am

Money & Banking

Dollar dented by economic worries

NEW YORK: The dollar hovered near a five-month low against the euro on Monday as investors worried about the ...

Published 18 Mar, 2025 05:33am

Stocks

European shares end higher on hopes of German reforms

FRANKFURT: European shares closed higher for a second day on Monday, supported by energy and healthcare stocks, with...

Published 18 Mar, 2025 05:33am

Stocks

Wall St mixed after latest economic data

NEW YORK: Wall Street’s main indexes were mixed in choppy trading on Monday following the latest batch of economic...

Published 18 Mar, 2025 05:33am

Money & Banking

Indian rupee continues winning run

MUMBAI: The Indian rupee strengthened for the third consecutive session on Monday, helped by dollar sales by...

Published 18 Mar, 2025 05:33am

Israel strikes kill five people in Gaza

CAIRO: An Israeli air strike killed three Palestinian men in Gaza on Monday as they tried to gather firewood, medics...

Published 18 Mar, 2025 05:33am

Education, healthcare sectors: Nasir pledges to extend utmost support to bona fide NGOs

KARACHI: The Provincial Planning & Development Minister, Syed Nasir Hussain Shah said the Sindh government had...

Published 18 Mar, 2025 05:33am

MENA

Dubai leads global luxury real estate with 147pc growth in five years: report

City tops Prime Real Estate Index (PIRI) in Knight Frank's Wealth Report 2025

Updated 18 Mar, 2025 02:06pm

Surge in terror incidents: Strict security finalised for in-camera PCNS meeting today

ISLAMABAD: National Assembly Secretariat has made strict and extraordinary security arrangements for holding of...

Published 18 Mar, 2025 05:33am

Three terrorists killed in Khyber

RAWALPINDI: Security Forces conducted an intelligence based operation in general area Tor Darra, Khyber District, on...

Published 18 Mar, 2025 05:33am

Energy

OGDCL announces gas, condensate discovery at Soghri North-1 Well in Attock

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company,...

Published 18 Mar, 2025 05:33am

JUI to launch anti-govt protest after Eidul Fitr

ISLAMABAD: Jamiat Ulema-i-Islam (JUI) has decided to launch anti-government protest with or without rest of the...

Published 18 Mar, 2025 05:33am

JI chief for bridging the ‘divide’ between military and masses

KARACHI: Jamaat-e-Islami’s Central Chief, Hafiz Naeemur Rehman has warned that fake leadership will push the...

Published 18 Mar, 2025 05:33am

PTI leaders Murad, Hammad & others declared POs

ISLAMABAD: The Anti-Terrorism Court (ATC) on Monday declared Pakistan Tehreek-e-Insaf (PTI) leaders, Murad Saeed,...

Published 18 Mar, 2025 05:33am

PARTLY FACETIOUS: The growing challenge of terrorism

“There is much criticism about intelligence failures….” “Hey the criticism does not take account of the attacks...

Updated 18 Mar, 2025 06:43am

Health, population strategies: Aurangzeb reviews formulation of NHPP policy for next decade

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Monday, attended a meeting to...

Updated 18 Mar, 2025 09:29am

Trump claims Biden pardons of his opponents are void

WASHINGTON: Donald Trump declared Monday he was annulling pardons issued by Joe Biden to shield Trump critics from...

Published 18 Mar, 2025 05:33am

Nigerian TikToker rearrested

KANO, (Nigeria): Nigeria’s anti-graft agency on Monday announced the arrest of a popular TikToker who failed to...

Published 18 Mar, 2025 05:33am

Workforce highly competitive: IT cos backed to achieve $25bn export target: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday declared that Pakistan’s information technology workforce is...

Published 18 Mar, 2025 05:33am

Govt employees: Salary, pension hikes not on budget agenda, NA told

ISLAMABAD: In a stark contrast to the lofty promises of economic revival, Federal Minister for Finance and Revenue...

Published 18 Mar, 2025 05:33am

Pakistan, China: More proof that India’s PM is too clever by half?

NEW DELHI: Indian Prime Minister Narendra Modi said US President Donald Trump was ‘far more prepared’ for his second...

Published 18 Mar, 2025 05:33am

Kashmir, regional peace: FO rubbishes Modi’s remarks

ISLAMABAD: Pakistan, on Monday, rubbished “misleading and one-sided” remarks made by the Indian Prime Minister...

Published 18 Mar, 2025 05:33am

Curfew imposed in various areas of Tank, S Waziristan

PESHAWAR: The local administration has imposed a curfew in various areas of South Waziristan and Tank on Monday...

Published 18 Mar, 2025 05:33am

Transmission and CTBCM: IMF asks PD for efficiency boost in Discos

ISLAMABAD: The International Monetary Fund (IMF) has reportedly asked the Power Division to improve performance of...

Updated 18 Mar, 2025 09:31am

7 IPPs file joint plea for tariff cut

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has admitted a joint tariff reduction...

Updated 18 Mar, 2025 08:51am

Overdue payment issue: PQEPC threatens to suspend plant operations

ISLAMABAD: Port Qasim Electric Power Company (Private) Limited (PQEPC) has warned Islamabad that it may suspend...

Updated 18 Mar, 2025 08:49am

Jul-Feb FY25: C/A posts $691m surplus on healthy remittance inflows

KARACHI: Pakistan’s current account showed significant improvement, recording a $0.7 billion surplus in the first...

Published 18 Mar, 2025 05:33am

SLA delay: Trust deficit cited as possible cause

ISLAMABAD: The delay in reaching a staff level agreement under the International Monetary Fund’s ongoing Extended...

Updated 18 Mar, 2025 09:29am

OECD lowers global growth projections over tariffs, uncertainty

PARIS: Trade tensions and geopolitical uncertainties are weighing on economic perspectives, the Organisation for...

Published 18 Mar, 2025 05:33am

SIFC directs speedy execution of motorway, highway projects

ISLAMABAD: The Executive Committee of the Special Investment Facilitation Council (SIFC) has directed the...

Updated 18 Mar, 2025 09:12am

Rates

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Cotton US¢/pound / May 15	65.21
Petrol/Litre / May 16	252.63
Diesel/Litre / May 16	256.64

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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