News Archives for Print - 2025-05-23

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Print - 2025-05-23

12 cases against IK, several co-accused: Arguments sought on defence plea

RAWALPINDI: The Anti-Terrorism Court (ATC), hearing the General Headquarters (GHQ) attack and other May 9...

Published 23 May, 2025 07:13am

Indian aggression: Civil, military leadership, public and media lauded

LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman has said that Pakistan’s civil and military leadership, ...

Published 23 May, 2025 07:11am

COAS’s promotion, Air Chief’s job extension hailed

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

Published 23 May, 2025 07:10am

CPPG holds policy conference at FCCU

LAHORE: The Centre for Public Policy and Governance (CPPG) at Forman Christian College (A Chartered University),...

Published 23 May, 2025 07:07am

Dar calls for an all-out national war on terror

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar tore into India on Thursday, accusing it of backing ...

Published 23 May, 2025 07:00am

ECP summons Punjab CS, LG Secretary on 29th

ISLAMABAD: The country’s top election enforcer on Thursday finally had it with provincial government of Punjab’s...

Published 23 May, 2025 06:57am

‘Resources utilized in best interest of citizens’

ISLAMABAD: Deputy Prime Minister/Foreign Minister, Senator Ishaq Dar Thursday chaired 45th meeting of the Steering...

Published 23 May, 2025 06:54am

Gilani reaffirms stance against terrorism

ISLAMABAD: Chairman Senate Syed Yousuf Raza Gilani on Thursday reaffirmed Pakistan’s firm stance against terrorism...

Published 23 May, 2025 06:53am

Ground-breaking ceremony of Public Facilitation Centre at SC held

ISLAMABAD: The Supreme Court of Pakistan has broken ground on a dedicated Public Facilitation Centre designed to...

Published 23 May, 2025 06:51am

‘Safe Children, Safe Punjab’: Home Dept launches ‘Good Touch Bad Touch Awareness Campaign’

LAHORE: The Punjab Home Department has launched an awareness campaign for younger children under the vision "Safe...

Published 23 May, 2025 06:50am

JI intensifies protests against KE over prolonged outages

KARACHI: The simmering discontent against K-Electric (KE) in Karachi escalated on Thursday as Jamaat-e-Islami (JI)...

Published 23 May, 2025 06:49am

Key decisions made to introduce reforms within NHA, Motorway Police

ISLAMABAD: A high-level meeting was convened under the chairmanship of Federal Minister for Communications Abdul...

Published 23 May, 2025 06:48am

Low-pressure area developing in East-Central Arabian Sea

KARACHI: The country saw a paradoxical weather conditions on Thursday, with a low-pressure area developing in the...

Published 23 May, 2025 06:44am

Petroleum (Amendment) Bill, 2025: NA body postpones discussion

ISLAMABAD: The National Assembly's Standing Committee on Petroleum Division of the National Assembly on Thursday...

Published 23 May, 2025 06:42am

No support for IMF terms unless IK given access to PTI leaders: CM

ISLAMABAD: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur issued a blunt warning Thursday, declaring that his...

Published 23 May, 2025 06:40am

Illegal trade and tax evasion: Govt urged to pursue consistent crackdown

ISLAMABAD: The ACT Alliance Pakistan has once again urged the Government of Pakistan to pursue a consistent,...

Published 23 May, 2025 06:16am

Several dead as plane crashes on California neighbourhood

SAN DIEGO: Several people are feared dead after a small plane crashed onto a California neighbourhood before dawn...

Published 23 May, 2025 06:13am

South Africans angered by Trump’s ‘genocide’ claims

JOHANNESBURG: South Africans voiced anger Thursday at US President Donald Trump’s persistent false claim of a...

Published 23 May, 2025 06:13am

Rates

LME official prices

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

Published 23 May, 2025 06:13am

The Weather

KARACHI: The weather report on Thursday (May 22, 2025) and the forecast for Friday (May 23, 2025)...

Updated 23 May, 2025 08:26am

PIA announces launch of Lahore-Paris direct flights

KARACHI: Pakistan International Airlines (PIA) has announced the launch of direct flights from Lahore to Paris, from...

Published 23 May, 2025 06:13am

Legal custody of 14,000 kg of donkey hides: Customs enforcement-export collectorate tug of war intensifies

KARACHI: A tug of war between Customs enforcement and the export collectorate for taking the legal custody of 14,000...

Published 23 May, 2025 06:13am

Indomitable spirit of female empowerment celebrated

KARACHI: In a vibrant celebration of talent, creativity and the indomitable spirit of female empowerment, SM...

Published 23 May, 2025 06:13am

There will be increase in ‘Honahar Scholarships’ from next year: CM

LAHORE: Announcing to increase the number of ‘Honahar Scholarships’ from next year, Chief Minister Punjab Maryam...

Published 23 May, 2025 06:13am

CM directs administration to remain alert during heatwave

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif directed the relevant administration to remain alert in view of ...

Published 23 May, 2025 06:13am

Maryam inaugurates ‘Nawaz Sharif Flyover’ in Sargodha

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif Thursday inaugurated the largest Nawaz Sharif Flyover project in...

Published 23 May, 2025 06:13am

IK refuses to undergo polygraph test: Azma

LAHORE: Punjab Information Minister Azma Bokhari has said that the founder of Pakistan Tehreek-e-Insaf (PTI) has, as...

Published 23 May, 2025 06:13am

IWT suspension: NA condemns India’s unilateral decision

ISLAMABAD: The National Assembly on Thursday, unanimously, passed a resolution strongly condemning India’s...

Published 23 May, 2025 06:13am

US-Pakistan bilateral ties discussed

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Thursday met with US Chargé d’Affaires...

Published 23 May, 2025 06:13am

Reserved seats in assemblies: SC allows live-streaming of proceedings of review pleas

ISLAMABAD: The Supreme Court allowed live-streaming of proceedings of review petitions on allotting reserved seats ...

Published 23 May, 2025 06:13am

New CPF: Pakistan, World Bank agree to develop implementation framework

ISLAMABAD: Pakistan and the World Bank agreed to swiftly develop an implementation framework for effective...

Updated 23 May, 2025 08:29am

Awais shares power sector reforms, plans with World Bank

ISLAMABAD: Federal Minister for Power, Sardar Awais Ahmad Khan Leghari on Thursday shared power sector reforms and...

Published 23 May, 2025 06:13am

UK court gives govt green light to reach Chagos Islands deal

LONDON: A British court on Thursday paved the way for a government deal on returning the remote Chagos Islands to...

Published 23 May, 2025 06:13am

Rates

Activities of Karachi Port Trust, Port Qasim

KARACHI: The Karachi Port Trust handled 117,792 tonnes of cargo comprising 78,812 tonnes of import cargo and 38,980...

Published 23 May, 2025 06:13am

Punjab to launch 3rd polio immunization drive next week

LAHORE: Punjab is all set to begin the third round of the National Immunization Days (NIDs) from May 26 to June 1,...

Published 23 May, 2025 06:13am

SAU VC urges youth to transform academic projects into startups

HYDERABAD: The Vice Chancellor of Sindh Agriculture University (SAU) Tandojam, Prof. Dr. Altaf Ali Siyal, has urged...

Published 23 May, 2025 06:13am

Narcotics, water shortage: Sindh Assembly witnesses fiery debates

KARACHI: The Sindh Assembly echoed with fiery debates on Thursday as opposition lawmakers raised alarm over the...

Published 23 May, 2025 06:13am

Indian aggression in AJK: PM distributes cheques among victims

ISLAMABAD: Prime Minister Shehbaz Sharif has said that after Pahalgam attack in Occupied Kashmir, Indo-Pak war could...

Published 23 May, 2025 06:13am

Ministry warns: India not authorised to construct dams or structures

ISLAMABAD: The Ministry of Water Resources has issued a stern warning, declaring that India is not authorized to...

Published 23 May, 2025 06:13am

Army leadership praise civilian leadership

ISLAMABAD: The Pakistan Army while expressing grave concern over the activities of India-backed terrorist proxies...

Published 23 May, 2025 06:13am

President, PM confer baton of field marshal upon COAS

ISLAMABAD: President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Thursday jointly conferred the baton of...

Published 23 May, 2025 06:13am

Rhetoric versus restraint: narrative warfare meets military discipline

India, grappling with strategic overreach, has now lost track of its own narrative. Its blend of fabrications, false...

Updated 23 May, 2025 07:47am

Letters

‘Modi re-emerges: humbled, hurt, and unreformed’

This is apropos three letters to the Editor from this writer carried by the newspaper on Tuesday, Wednesday and...

Published 23 May, 2025 06:13am

Reflections on recently-released country report by IMF

The recently released International Monetary Fund’s (IMF’s, or simply the ‘Fund’s’) country report,...

Updated 23 May, 2025 07:45am

Budget FY25 & IMF’s conditions

The economic journey of Pakistan has recently showed a positive transformation, with macroeconomic indicators...

Updated 23 May, 2025 07:41am

PARTLY FACETIOUS: With AI one doesn’t even know what is fake or not

“I understand that politicians can no longer rely on optics to look good given the prevalence of social media.”...

Published 23 May, 2025 06:13am

Stocks

European stocks pressured by rising bond yields

FRANKFURT: European stocks fell on Thursday as concerns over US fiscal health kept Treasury yields elevated, while...

Published 23 May, 2025 06:13am

Stocks

S&P 500 directionless after Trump’s tax-cut bill narrowly wins House vote

NEW YORK: The S&P 500 struggled for direction on Thursday after the US House of Representatives passed President...

Published 23 May, 2025 06:13am

Islamabad extends olive branch to New Delhi

ISLAMABAD: In a surprise move, Pakistan has extended an olive branch to India, urging for result-oriented dialogue ...

Published 23 May, 2025 06:13am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Thursday (May 22, 2025). ==================================== BR...

Published 23 May, 2025 06:13am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Thursday (May 22, 2025). ======================================= Offset...

Published 23 May, 2025 06:13am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 22, 2025)...

Published 23 May, 2025 06:13am

Rates

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 22, 2025)....

Published 23 May, 2025 06:13am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Thursday (May 22, 2025)....

Published 23 May, 2025 06:13am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Thursday (May 22, 2025). ======================== Open Bid Rs...

Published 23 May, 2025 06:13am

Forex

Open market rates of foreign currencies

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

Published 23 May, 2025 06:13am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Thursday (May 22, 2025). ========================== KIBOR...

Published 23 May, 2025 06:13am

Grains

Chicago wheat futures down

CANBERRA: A rally in Chicago wheat futures hit the buffers on Thursday, with prices falling from Wednesday’s...

Published 23 May, 2025 06:13am

Rates

Stocks plummet

KARACHI: The Pakistan Stock Exchange (PSX) closed lower as investors adopted a cautious stance amid uncertainty...

Published 23 May, 2025 06:13am

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 23 May, 2025 06:13am

Commodities

Gold prices plunge

KARACHI: Gold prices on Thursday took a big plunge, reflecting the global bullion market’s bearish trend, sinking...

Published 23 May, 2025 06:13am

Energy

Oil prices drift lower

HOUSTON: Oil prices fell on Thursday after a report that OPEC+ is discussing a production increase for July, stoking...

Published 23 May, 2025 06:13am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 33.697...

Published 23 May, 2025 06:13am

Commodities

Iron ore rises on steady China demand

SINGAPORE: Iron ore futures prices edged higher on Thursday, supported by resilient demand for the steelmaking...

Published 23 May, 2025 06:13am

Commodities

Copper touches 3-week low as economic uncertainty lingers

LONDON: Copper prices hit a three-week low on Thursday and other base metals also eased as uncertainty persists over...

Published 23 May, 2025 06:13am

Commodities

Japanese rubber futures rise

SINGAPORE: Japanese rubber futures inched up on Thursday amid stronger demand for the tire-making material in top...

Published 23 May, 2025 06:13am

Commodities

Malaysian palm oil extends losses

KUALA LUMPUR: Malaysian palm oil futures extended losses on Thursday for a second consecutive session, weighed down...

Published 23 May, 2025 06:13am

Cotton & Textile

Steady trend on cotton market

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

Published 23 May, 2025 06:13am

Cotton & Textile

Cotton spot rates

KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Thursday, (May 22, 2025)...

Published 23 May, 2025 06:13am

Energy

SNGPL achieves highest-ever profitability

LAHORE: The shareholders approved the annual audited financial statements for the fiscal year ended June 30, 2024....

Published 23 May, 2025 06:13am

Business trust improves significantly: OICCI’s survey

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) on Thursday unveiled the results of its...

Updated 23 May, 2025 09:23am

APTMA urges MoF to allow textile industry to import LNG

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has sent its proposals for budget 2025-26 to Finance...

Updated 23 May, 2025 08:00am

NA panel defers Income Tax (Second Amendment) Bill, 2025

ISLAMABAD: The Standing Committee on Finance on Thursday deferred “The Income Tax (Second Amendment) Bill, 2025” — a...

Updated 23 May, 2025 09:23am

Power sector reforms high priority: PM

ISLAMABAD: Prime Minister Shehbaz Sharif said Thursday that reforming the country’s power sector remains a top...

Updated 23 May, 2025 08:49am

Interview with Bill Faruki, Founder & CEO of MindHYVE.ai and DV8Infosystems: ‘MindHYVE was built on the principle of equalization’

Bill Faruki is a visionary Pakistani American entrepreneur and pioneer in Artificial General Intelligence (AGI) and...

Updated 23 May, 2025 07:31am

Industry

Pakistan set to launch $100m mango-export drive on 25th

KARACHI: Pakistan is gearing up to kick off its mango export season on May 25, 2025, with an ambitious target of...

Published 23 May, 2025 06:12am

Industry

ABAD submits comprehensive budget proposals

KARACHI: The Association of Builders and Developers (ABAD) has submitted a comprehensive budget proposals for fiscal...

Published 23 May, 2025 06:12am

Industry

Kundi visits Peshawar TDAP’s regional office

PESHAWAR: His Excellency, the Governor of Khyber Pakhtunkhwa, Faisal Karim Kundi, visited the Trade Development...

Published 23 May, 2025 06:12am

Industry

OICCI presents BCI survey findings to Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met on Thursday at the Finance...

Published 23 May, 2025 06:12am

Uptick in terrorists’ activities

EDITORIAL: The elimination of 12 militants in intelligence-based operations across Khyber Pakhtunkhwa (KP) and...

Updated 23 May, 2025 07:38am

Imprisoned abroad

EDITORIAL: It is a staggering statistic. As many as 23,456 Pakistanis are behind bars in other countries, the...

Updated 23 May, 2025 07:35am

Bridging policy gaps in IT sector

EDITORIAL: The increasingly pivotal role that the country’s IT sector plays in driving national development — by...

Published 23 May, 2025 06:12am

Industry

Seminar on Islamic banking: ‘95pc of revenue is consumed in paying off domestic loans’

LAHORE: The speakers at an Islamic banking awareness seminar highlighted that around 95 percent of national revenue...

Published 23 May, 2025 06:12am

Industry

Modern tech at ports: PM praises role of Hutchison Ports

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said Pakistan is providing all necessary facilities to...

Published 23 May, 2025 06:12am

Tariff reform: pain is no longer optional, but progress might be

This is certainly not Pakistan's first attempt at tariff reform, but it might be its last real chance to get it...

Published 23 May, 2025 06:12am

Money & Banking

Asian currencies: Thai baht falls against dollar

BENGALURU: The Thai baht surrendered early gains on Thursday after the commerce minister called for a weaker ...

Published 23 May, 2025 06:12am

Money & Banking

US dollar modestly recovers

NEW YORK: The US dollar advanced on Thursday after three days of losses, as the House of Representatives narrowly...

Published 23 May, 2025 06:12am

Industry

Auto parts makers concerned over 15pc proposed duty

ISLAMABAD: Auto parts manufacturers expressed concerns that the proposed 15 percent customs duty could have a...

Published 23 May, 2025 06:12am

Industry

CAT upholds CCP decision against PESCO

ISLAMABAD: The Competition Appellate Tribunal (CAT) has upheld the decision of the Competition Commission of ...

Published 23 May, 2025 06:12am

FBR issues directives to intensify recovery measures

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue field formations to intensify enforcement...

Published 23 May, 2025 06:12am

Industry

Olive value chain breathing new life into economy: minister

ISLAMABAD: Minister for National Food Security and Research Rana Tanveer Hussain on Thursday said that Pakistan’s...

Published 23 May, 2025 06:12am

Proposals for developing industrial parks discussed

Industry

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 30	282.08
USD PKR Interbank Buying / May 30	281.83
USD to Japanese Yen / May 30	144.02
USD to Swiss Franc / May 30	0.82
Pound Sterling to USD / May 30	1.35
Euro to USD / May 30	1.13
UK LIBOR % / May 30	4.96

Stock	Volume
S&P 500 / May 30	5,911.69
India Sensex / May 30	81,451.01
Tokyo Nikkei / May 30	37,965.10
Nasdaq / May 30	19,113.77
Hang Seng / May 30	23,289.77
FTSE 100 / May 30	8,772.38
Dow Jones / May 30	42,270.07
Germany DAX 30 / May 30	23,997.48
France CAC40 / May 30	7,751.89

Item	Value
Crude Oil USD/Barrel / May 30	60.79
Karachi Cotton PKR/37.32 KG / May 30	16,985
Gold 10 Grams PKR / May 30	298,868
Gold Spot USD/Ounce / May 30	3,298.25
Cotton US¢/pound / May 30	65.06
Petrol/Litre / Jun 1	252.63
Diesel/Litre / Jun 1	254.64

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / May 30 Crescent Jute Products Limited(CJPL)	4.35 ▲ 0.81 (22.88%)
Dadabhoy Cement / May 30 Dadabhoy Cement Industries Limited(DBCI)	6.80 ▲ 1 (17.24%)
UDL International / May 30 UDL International Limited(UDLI)	9.25 ▲ 1 (12.12%)
Paramount Mod / May 30 First Paramount Modaraba(FPRM)	9.23 ▲ 0.95 (11.47%)
Parmount Sp. / May 30 Paramount Spinning Mills Limited(PASM)	3.99 ▲ 0.37 (10.22%)
Century Paper / May 30 Century Paper & Board Mills Limited(CEPB)	30.97 ▲ 2.82 (10.02%)
I.C.C. Ind. / May 30 ICC Industries Limited(ICCI)	14.95 ▲ 1.36 (10.01%)
Flying Cement / May 30 Flying Cement Company Limited(FLYNG)	59.91 ▲ 5.45 (10.01%)
Shadab Textile / May 30 Shadab Textile Mills Limited(SHDT)	51.67 ▲ 4.7 (10.01%)
First Elite Cap.Mod / May 30 First Elite Capital Modaraba(FECM)	21.65 ▲ 1.97 (10.01%)

Stock	Price
Burj Clean Energy Modaraba / May 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.50 ▼ -1 (-10.53%)
Bawany Air Products / May 30 Bawany Air Products Limited(BAPL)	53.41 ▼ -5.93 (-9.99%)
Nimir Resins / May 30 Nimir Resins Limited(NRSL)	31.73 ▼ -2.76 (-8%)
TPL REIT Fund I / May 30 TPL REIT Fund I(TPLRF1)	11.98 ▼ -0.99 (-7.63%)
NBP PGETF / May 30 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	22.05 ▼ -1.78 (-7.47%)
Descon Oxychem / May 30 Descon Oxychem Limited(DOL)	30.37 ▼ -2.37 (-7.24%)
IGI Life Ins / May 30 IGI Life Insurance Limited(IGIL)	24.08 ▼ -1.72 (-6.67%)
Universal Ins. / May 30 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Cres.Star Ins. / May 30 Crescent Star Insurance Limited(CSIL)	2.99 ▼ -0.19 (-5.97%)
Pak. P.V.C. / May 30 Pakistan PVC Limited(PPVC)	8.25 ▼ -0.52 (-5.93%)

Stock	Volume
WorldCall Telecom / May 30 Worldcall Telecom Limited(WTL)	79,666,803 ▼ -0.06
K-Electric Ltd. / May 30 K-Electric Limited(KEL)	47,700,857 ▼ -0.2
Cnergyico PK / May 30 Cnergyico PK Limited(CNERGY)	35,756,575 ▲ 0.07
Dewan Cement / May 30 Dewan Cement Limited(DCL)	31,365,596 ▲ 0.84
P.T.C.L. / May 30 Pakistan Telecommunication Company Ltd(PTC)	22,174,138 ▼ -0.83
Pak Int.Bulk / May 30 Pakistan International Bulk Terminal(PIBTL)	19,941,925 ▼ -0.31
Fauji Foods Ltd / May 30 Fauji Foods Limited(FFL)	19,847,564 ▲ 0.31
Pak Refinery / May 30 Pakistan Refinery Limited(PRL)	18,646,156 ▲ 0.84
Sui South Gas / May 30 Sui Southern Gas Company Limited(SSGC)	13,166,159 ▼ -0.25
Kohinoor Spining / May 30 Kohinoor Spinning Mills Limited(KOSM)	8,825,761 ▼ -0.18

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