News Archives for Print - 2025-05-03

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Print - 2025-05-03

Intense heat, patchy rainfall likely from May to July

KARACHI: Pakistan is poised to face a season marked by intense heat and patchy rainfall from May to July, as per the...

Published 03 May, 2025 06:39am

Equal distribution of rewards: LTO, RTO staff continues protest

ISLAMABAD: The low-grade staff from BS-1 to 16 of Large Taxpayer Office (LTO), Islamabad and Regional Tax Office...

Published 03 May, 2025 06:39am

NA panel urges PM to reconsider PWD closure

ISLAMABAD: The National Assembly Standing Committee on Housing and Works has unanimously urged Prime Minister...

Published 03 May, 2025 06:39am

Nestlé Pakistan donates compressing, baling machine to CKNP

ISLAMABAD: Nestlé Pakistan donated a compressing and baling machine to Central Karakoram National Park (CKNP),...

Published 03 May, 2025 06:36am

NKATI holds rally against Modi’s actions

KARACHI: The office-bearers and members of the North Karachi Association of Trade and Industry (NKATI), led by...

Published 03 May, 2025 06:35am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (May 02, 2025). ==================================== BR...

Published 03 May, 2025 06:33am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (May 02, 2025)....

Published 03 May, 2025 06:32am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (May 02, 2025). ======================== Open Bid Rs 281.05...

Published 03 May, 2025 06:29am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (May 02,...

Published 03 May, 2025 06:27am

Money & Banking

US dollar still down, but off lows

NEW YORK: The US dollar was down on Friday but trimmed some losses against the euro and yen after data showed the...

Published 03 May, 2025 06:25am

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 03 May, 2025 06:24am

The Weather

KARACHI: The weather report on Friday (May 02, 2025) and the forecast for Saturday (May 03, 2025)...

Published 03 May, 2025 06:22am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (May 02, 2025). ========================== KIBOR...

Published 03 May, 2025 06:19am

333 more medical seats announced for students from Balochistan, ex-FATA

ISLAMABAD: The government has announced allocating 333 additional medical seats for the students of Balochistan and...

Published 03 May, 2025 06:07am

JI for resolution of issues facing FUUAST pensioners

KARACHI: Jamaat-e-Islami (JI) Karachi Chief Monem Zafar on Friday called on the federal government to immediately...

Published 03 May, 2025 06:07am

Woman, daughter stabbed to death

LAHORE: Two brothers on Friday stabbed to death to their mother and sister in Kahana area in Lahore. According to...

Published 03 May, 2025 06:07am

Dr Khalil Ahmad assumes charge as DGHS

LAHORE: Dr Muhammad Khalil Ahmad (BS-20), Program Director of the Integrated Reproductive, Maternal, New born, Child...

Published 03 May, 2025 06:07am

CM sets 30th June deadline to accomplish ‘Lahore Development Plan’

LAHORE: “Ensure timely completion of Lahore Development Plan by setting monthly timelines,” Chief Minister ...

Published 03 May, 2025 06:07am

HBL-PSL-X to observe childhood cancer awareness day today

LAHORE: The HBL-Pakistan Super League, as part of its corporate social responsibility, is once again set to observe...

Published 03 May, 2025 06:07am

Senior Management Course at NIPA Peshawar: Officers briefed about FDA urban development

FAISALABAD: An 18-member group of officers participating in the 37th Senior Management Course at the National...

Published 03 May, 2025 06:07am

Industry

Steel traders urge LCCI to help de-seal godowns

LAHORE: Steel traders Friday sought LCCI help for de-sealing of their godowns terming it an anti-government step....

Published 03 May, 2025 06:07am

Rs137bn uplift package for Lahore approved by CM

LAHORE: Punjab Local Government Minister Zeeshan Rafiq has said that Punjab Chief Minister Maryam Nawaz had approved...

Updated 03 May, 2025 07:09am

Ambassador of Netherlands visits PU

LAHORE: Ambassador of the Netherlands to Pakistan HE Henny Fokel De Vries along with Floris Jan Bovelander Olympian,...

Published 03 May, 2025 06:07am

Dar apprises EU rep of situation

ISLAMABAD: Deputy Prime Minister/Foreign Minister Ishaq Dar held a telephone conversation on Friday with the EU’s...

Published 03 May, 2025 06:07am

Al-Qadir Trust scam case: IHC to hear appeals of IK, Bushra on 8th

ISLAMABAD: The Islamabad High Court (IHC) will hear Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his spouse...

Published 03 May, 2025 06:07am

82 PTI workers awarded 4-month imprisonment

RAWALPINDI: The Anti-Terrorism Court (ATC) on Friday sentenced 82 Pakistan Tehreek-e-Insaf (PTI) workers to four...

Published 03 May, 2025 06:07am

NA likely to meet on Monday

ISLAMABAD: The National Assembly (NA) is likely to meet on Monday (May 5) to discuss India’s aggression following...

Published 03 May, 2025 06:07am

Illegal shipment of 14,000 kgs of donkey hides intercepted

KARACHI: The Collectorate of Customs Enforcement Karachi has intercepted an illegal shipment of 14,000 kilograms of...

Published 03 May, 2025 06:07am

Zardari reaffirms commitment to upholding, promoting press freedom

ISLAMABAD: President Asif Ali Zardari said that on World Press Freedom Day, we reaffirm our commitment to upholding...

Updated 03 May, 2025 07:05am

LG polls in ICT: ECP-govt officials talks remain inconclusive

ISLAMABAD: Uncert ainty continues shrouding the fate of local government elections in the federal capital, as ...

Published 03 May, 2025 06:07am

Goodwill gesture: 150 Afghan stranded trucks allowed to cross Wagah border

ISLAMABABAD: In a surprise move, Pakistan has permitted over 150 stranded Afghan trucks to cross the Wagah border as...

Updated 03 May, 2025 07:04am

Dar holds telephone conversation with Danish FM

ISLAMABAD: The Deputy Prime Minister/Foreign Minister, Senator Ishaq Dar, held a telephone conversation, Friday, ...

Updated 03 May, 2025 06:47am

Omar alleges govt hiding vital information

ISLAMABAD: Opposition Leader in National Assembly Omar Ayub Khan on Friday claimed the government is concealing ...

Published 03 May, 2025 06:07am

Pakistan-Japan Human Resources Stakeholders meeting held

ISLAMABAD: Akamatsu Shuichi, Ambassador Extraordinary and Plenipotentiary of Japan to Pakistan, hosted the...

Published 03 May, 2025 06:07am

Panel concerned over meagre FPSDP allocation for women

ISLAMABAD: The Special Committee on Gender Mainstreaming has unanimously expressed its grave concern on the alarming...

Published 03 May, 2025 06:07am

PPP advocates for freedom of expression: Sharjeel

KARACHI: Sindh Senior Minister Sharjeel Inam Memon stated that freedom of expression and independent journalism are...

Published 03 May, 2025 06:07am

Press freedom pivotal for democracy: NA speaker

ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq has said that freedom of the press is pivotal for the...

Updated 03 May, 2025 07:17am

SC grants bail to two PTI leaders

ISLAMABAD: The Supreme Court granted bail to Pakistan Tehreek-e-Insaf (PTI) leaders, Senator Ejaz Chaudhry and ...

Published 03 May, 2025 06:07am

Site body for resolving water issue permanently

KARACHI: Ahmed Azeem Alvi, President of SITE Association of Industry, has said that industries in the SITE area of...

Published 03 May, 2025 06:07am

Europe

EU wins post-Brexit fishing row with Britain

THE HAGUE: The European Union on Friday won a landmark case against Britain at the world’s oldest arbitration body...

Published 03 May, 2025 06:07am

Wagah border not closed for Pakistanis: FO

ISLAMABAD: Rejecting the false propaganda by hawkish Indian media, the Foreign Office (FO) on Friday rebutted claims...

Updated 03 May, 2025 11:32am

Internal governance failures: Army says India following predictable template

ISLAMABAD: Reaffirming Pakistan’s firm commitment to peace, stability, and prosperity, a Special Corps Commanders’...

Published 03 May, 2025 06:07am

World Press Freedom Day: PPF draws attention to alarming patterns of intimidation

KARACHI: In 2025, journalists and media professionals in Pakistan find themselves amid an ever-tightening landscape...

Published 03 May, 2025 06:07am

Press freedom in peril

EDITORIAL: As the world observes World Press Freedom Day today (May 3), Reporters Without Borders’ (RSF) damning...

Published 03 May, 2025 06:07am

Energy

Petroleum deregulation: dealers seek more time for input

KARACHI: Requesting deference of deregulation of petroleum products during the 8th meeting of the Standing Committee...

Published 03 May, 2025 06:07am

KPRA collects Rs41.9bn in 10MFY2025

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has collected Rs41.9 billion in the first ten months of...

Published 03 May, 2025 06:07am

Commodities

Gold prices drop further

KARACHI: Gold prices further dropped on Friday, as global market hovered near $3,250 per ounce, traders said. The...

Published 03 May, 2025 06:07am

Rates

Firm trend on cotton market

LAHORE: The local cotton market on Friday remained steady and the trading volume remained low. Cotton Analyst ...

Published 03 May, 2025 06:07am

Letters

Complicated power billing system

I find the electricity billing system unnecessarily complicated and completely lacking in transparency. While...

Published 03 May, 2025 06:07am

Unresolved electoral disputes

EDITORIAL: More than 14 months after the general elections, a substantial number of electoral disputes remain...

Published 03 May, 2025 06:07am

Govt must display economic prudence

EDITORIAL: The Executive Board of the International Monetary Fund (IMF) is scheduled to consider the first review...

Published 03 May, 2025 06:07am

Respect the rickshaw

After daily and frightfully shocking traffic incidents that mostly involved heavy transport vehicles like dumper...

Updated 03 May, 2025 07:30am

India’s suspension of Indus Waters Treaty

As an aftermath of the Pahalgam incident in which 26 tourists were killed, India initiated a series of aggressive...

Updated 03 May, 2025 07:29am

PARTLY FACETIOUS: Marco Rubio calling up our prime minister and the Indian foreign minister

“There is no proportionality.” “Right, Israel’s attacks in Gaza…” “That’s not what I was referring to.” “I thought...

Updated 03 May, 2025 07:25am

Stocks

Sri Lankan shares notch fourth straight weekly gain

COLOMBO: Sri Lankan shares logged their fourth straight week of gains on Friday, after information technology stocks...

Published 03 May, 2025 06:07am

Last 3-1/2 months of FY25: petroleum levy hike by Rs18.02 to generate Rs90bn revenue

ISLAMABAD: The federal government has to raise additional revenue of Rs90 billion in last three and a half months of...

Updated 03 May, 2025 09:20am

US pushes India, Pakistan for responsible solution

WASHINGTON: The United States (US) urged India and Pakistan to work toward a “responsible solution” to the crisis...

Updated 03 May, 2025 09:22am

Rates

PSX posts sharp recovery

KARACHI: The Pakistan Stock Exchange staged a sharp recovery on the final trading day of the week, following...

Published 03 May, 2025 06:07am

SOEs’ performance: PM directs ministries, divisions to implement monitoring system

Pakistan’s state-owned enterprises collectively incurred losses of Rs851 billion in fiscal year 2024 (FY24)

Updated 03 May, 2025 03:49pm

AJK orders stockpiling of food as India tensions flare

MUZAFFARABAD: Azad Kashmir government called on residents near the Line of Control (LOC) with India to stockpile ...

Published 03 May, 2025 06:07am

PM urges brotherly states to help ease tensions in region

ISLAMABAD: Prime Minister Shehbaz Sharif launched a diplomatic charm offensive on Friday, holding consecutive...

Published 03 May, 2025 06:07am

Indian military shake-up: Lt-Gen DS Rana removed, transferred to Andaman

KARACHI: In a major development that has sparked a fresh wave of controversy in India’s security establishment,...

Updated 03 May, 2025 03:48pm

Negotiated agreement with AGL: DG Audit (Power) seeks complete record

ISLAMABAD: The Director General Audit (Power) has sought complete record of negotiated agreement between the Attock...

Updated 03 May, 2025 04:02pm

Audits on large-scale: third-party auditors being hired by FBR

ISLAMABAD: The Federal Board of Revenue will conduct large-scale audits including desk audits, investigative audits,...

Updated 03 May, 2025 09:38am

Coal-fired plant in Gwadar planned: CPPCL cites ‘snags’ and ‘challenges’

ISLAMABAD: Chinese firm M/s CIHC Pak Power Company Limited (CPPCL), which plans to establish a 300 MW coal-fired...

Updated 03 May, 2025 09:04am

Jul-Apr exports up 6.25pc to $26.859bn YoY

ISLAMABAD: The country’s exports witnessed an increase of 6.25 percent during the first 10 months (July-April) of...

Updated 03 May, 2025 04:38pm

Corporate taxpayers, cos: FBR extends e-invoice integration deadline

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline by one month for all sales tax corporate...

Updated 03 May, 2025 09:23am

OICCI discusses its budget proposals with Aurangzeb

ISLAMABAD: The Overseas Investors Chamber of Commerce & Industry (OICCI) on Friday discussed its proposals for...

Updated 03 May, 2025 11:32am

Taxes

RTO Hyderabad: Chief Commissioner, TBAH for strengthening transparency

HYDERABAD: Chief Commissioner of Regional Tax Office (RTO) Hyderabad, Qazi Hifz-ur-Rehman, held a consultative...

Published 03 May, 2025 06:07am

CM, Dutch envoy discuss trade, investment matters

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif met the Ambassador of Netherlands to Pakistan, Henny de Vries and...

Published 03 May, 2025 06:07am

BMP suggests uniform 1pc sales tax rate on all medicines

LAHORE: As the federal government enters the final phase of preparing the federal budget for 2025–26, the...

Published 03 May, 2025 06:07am

Taxes

Tax department prevails over tribunal judgement

LAHORE: Tax department has won over a tribunal judgment based on documents not part of reply filed by a taxpayer...

Published 03 May, 2025 06:07am

Governor discusses trade ties with Netherlands envoy

LAHORE: Ambassador of the Netherlands to Pakistan, Mrs. Henny de Vries called on Governor Punjab Sardar Saleem ...

Published 03 May, 2025 06:07am

PHDEC hosts training workshop to boost cherry exports to China

GILGIT-BALTISTAN: Pakistan Horticulture Development & Export Company (PHDEC) took a monumental step in the realm...

Published 03 May, 2025 06:07am

Money & Banking

Asian currencies: Taiwan currency hits 15-month high

BENGALURU: The Taiwan dollar and stocks in Taipei soared on Friday, leading a rally across Asian markets as signs of...

Published 03 May, 2025 06:07am

Industry

Companies

HBL manufacturing PMI softens to 7-month low

KARACHI: The HBL Pakistan Manufacturing PMI (compiled by S&P Global) eased to 51.9 in April down from 52.7 last...

Published 03 May, 2025 06:07am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	281.55
USD PKR Interbank Buying / May 8	281.35
USD to Japanese Yen / May 8	144.45
USD to Swiss Franc / May 8	0.83
Pound Sterling to USD / May 8	1.33
Euro to USD / May 8	1.13
UK LIBOR % / May 6	4.96

Stock	Volume
S&P 500 / May 7	5,631.28
Nasdaq / May 7	17,738.16
Dow Jones / May 7	41,113.97
India Sensex / May 8	80,773.90
Tokyo Nikkei / May 8	36,928.63
Hang Seng / May 8	22,772.13
FTSE 100 / May 8	8,563.33
Germany DAX 30 / May 8	23,254.02
France CAC40 / May 8	7,658.17

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	16,985
Gold 10 Grams PKR / May 7	305,984
Petrol/Litre / May 8	252.63
Crude Oil USD/Barrel / May 8	58.29
Gold Spot USD/Ounce / May 8	3,339
Diesel/Litre / May 8	256.64
Cotton US¢/pound / May 8	67.25

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / May 8 First Elite Capital Modaraba(FECM)	20.44 ▲ 1.86 (10.01%)
PIA Holding Co.B / May 8 PIA Holding Company Limited B(PIAHCLB)	7,032.03 ▲ 639.28 (10%)
Gillette Pak / May 8 Gillette Pakistan Limited(GLPL)	237.19 ▲ 21.56 (10%)
Khyber Textile / May 8 Khyber Textile Mills Limited(KHYT)	668.07 ▲ 60.73 (10%)
Blue-Ex Ltd / May 8 Blue-Ex Limited (GEM)(GEMBLUEX)	48.40 ▲ 4.4 (10%)
Shakarganj / May 8 Shakarganj Limited(SML)	63.25 ▲ 5.75 (10%)
Diamond Ind. / May 8 Diamond Industries Limited(DIIL)	21.69 ▲ 1.93 (9.77%)
Calcorp Ltd / May 8 Calcorp Limited(CASH)	40.74 ▲ 3.58 (9.63%)
Olympia Mills / May 8 Olympia Mills Limited(OML)	41.95 ▲ 3.45 (8.96%)
Shield Corp. / May 8 Shield Corporation Limited(SCL)	287.76 ▲ 23.24 (8.79%)

Stock	Price
Chenab Ltd (Pref) / May 8 Chenab Limited (Pref)(CLCPS)	1.82 ▼ -0.77 (-29.73%)
Dewan Farooque Sp. / May 8 Dewan Farooque Spinning Mills Limited(DFSM)	2.43 ▼ -0.67 (-21.61%)
Grays Leasing / May 8 Grays Leasing Limited(GRYL)	3.79 ▼ -1 (-20.88%)
Cresent Jute / May 8 Crescent Jute Products Limited(CJPL)	2.41 ▼ -0.63 (-20.72%)
Kohinoor Spining / May 8 Kohinoor Spinning Mills Limited(KOSM)	3.94 ▼ -0.93 (-19.1%)
D.S. Ind. Ltd. / May 8 D.S. Industries Limited(DSIL)	3.49 ▼ -0.73 (-17.3%)
Al-Shaheer Corp / May 8 Al Shaheer Corporation Limited(ASC)	5 ▼ -1 (-16.67%)
Chenab Ltd / May 8 Chenab Limited(CHBL)	4.85 ▼ -0.97 (-16.67%)
Tri-Star Power / May 8 Tri-Star Power Limited(TSPL)	5.17 ▼ -0.95 (-15.52%)
First AL-Noor Mod. / May 8 First Al-Noor Modaraba(FANM)	2.33 ▼ -0.42 (-15.27%)

Stock	Volume
WorldCall Telecom / May 8 Worldcall Telecom Limited(WTL)	93,253,525 ▼ -0.12
Kohinoor Spining / May 8 Kohinoor Spinning Mills Limited(KOSM)	28,484,361 ▼ -0.93
K-Electric Ltd. / May 8 K-Electric Limited(KEL)	27,065,550 ▼ -0.3
B.O.Punjab / May 8 The Bank of Punjab(BOP)	26,764,712 ▼ -0.5
Fauji Cement / May 8 Fauji Cement Company Limited(FCCL)	19,664,828 ▼ -2.99
Cnergyico PK / May 8 Cnergyico PK Limited(CNERGY)	19,599,374 ▼ -0.86
Maple Leaf Cement / May 8 Maple Leaf Cement Factory Limited(MLCF)	19,535,579 ▼ -6.22
Sui South Gas / May 8 Sui Southern Gas Company Limited(SSGC)	15,067,745 ▼ -3.25
Pak Int.Bulk / May 8 Pakistan International Bulk Terminal(PIBTL)	14,901,402 ▼ -0.79
Fauji Foods Ltd / May 8 Fauji Foods Limited(FFL)	13,416,966 ▼ -1.33

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