News Archives for Print - 2025-05-31

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Print - 2025-05-31

Industry

SAPM announces formation of APCTMA, EDB committee

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, held a...

Published 31 May, 2025 09:02am

Sector H-13: CDA seals 18 unauthorised buildings, commercial outlets

ISLAMABAD: The Capital Development Authority (CDA) on Friday sealed 18 unauthorised buildings and commercial outlets...

Published 31 May, 2025 07:22am

Minister lays foundation stone of NADRA Mega Centre

ISLAMABAD: Interior Minister Mohsin Naqvi on Friday laid the foundation stone of a 10-storey National Database and...

Published 31 May, 2025 07:21am

KP to take up Ali Wazir’s imprisonment with centre

PESHAWAR: The provincial government of Khyber Pakhtunkhwa has decided the forwarding of a resolution adopted by the...

Published 31 May, 2025 07:20am

‘Access to safe milk should be considered right not a privilege’

LAHORE: Ramesh Singh Arora, Minister for Minorities & Human Rights, Punjab, has emphasized that access to safe...

Published 31 May, 2025 07:18am

Alkhidmat launches temperature-controlled home delivery pharmacy service

KARACHI: With an alarming 97 percent of pharmacies in Pakistan lacking temperature-controlled storage and bio-grade...

Published 31 May, 2025 07:16am

NSIT Residencia: CBD Punjab to auction residential plots in June

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

Published 31 May, 2025 07:15am

CCP holds awareness session on Competition Law for IIUI students

ISLAMABAD: An awareness session on “Competition Law in Pakistan” was held at the Competition Commission of...

Published 31 May, 2025 07:14am

Chairman Senate embarks on visit to Ashgabat, Turkmenistan

ISLAMABAD: Chairman Senate Yousaf Raza Gilani embarked on an official visit to Ashgabat, Turkmenistan, a press...

Published 31 May, 2025 07:12am

EPD increases emission testing booths in Lahore

LAHORE: In a major move to provide relief to the citizens of Lahore and tackle air pollution, the Punjab government...

Published 31 May, 2025 07:11am

Installation of water metres must be included in coming budget: LHC

LAHORE: The Lahore High Court (LHC) on Friday hearing petitions regarding environmental issues observed that the...

Published 31 May, 2025 07:10am

KP govt presents Rs50m to Peshawar Press Club

PESHAWAR: Advisor to the Chief Minister on Information, Barrister Dr. Mohammad Ali Saif visited the Peshawar Press...

Published 31 May, 2025 07:09am

Trilateral agreements signed: NADRA to implement digital tools in healthcare facilities across ICT, GB

ISLAMABAD: The National Database and Registration Authority (NADRA) on Friday signed trilateral agreements to...

Published 31 May, 2025 07:06am

PITB signs MoU with PIASS under e-Rozgaar 2.0 initiative

LAHORE: The Punjab Information Technology Board (PITB) on Friday signed a Memorandum of Understanding (MoU) with the...

Published 31 May, 2025 07:05am

4-year BS nursing programme: UHS launches new ‘COMPASS’ curriculum

LAHORE: In a move to elevate nursing education in Punjab, the University of Health Sciences (UHS) Friday launched ...

Published 31 May, 2025 07:03am

University of HITEC Taxila organises 11th Open House

ISLAMABAD: The University of HITEC Taxila, Friday, organised 11th Open House where final year students of the...

Published 31 May, 2025 06:53am

Stocks

China, HK shares drop on US tariff concerns

HONG KONG: Chinese stocks fell on Friday as shares of Apple suppliers weakened after a US court reinstated President...

Published 31 May, 2025 06:47am

Stocks

European shares end May higher as trade uncertainty persists

FRANKFURT: European shares closed higher on Friday, rounding off the month with gains in a still uncertain trade...

Published 31 May, 2025 06:45am

Money & Banking

Dollar mixed on tariff uncertainty

NEW YORK: The dollar was mixed on Friday but on track for a monthly gain against the Japanese yen as investors...

Published 31 May, 2025 06:43am

Taxes

Ride-hailing sector calls for fair taxation

KARACHI: Ride-hailing sector in Pakistan has called for fair and progressive taxation framework in the coming fiscal budget. ...

Updated 31 May, 2025 07:27am

Industry

Oil sector in Pakistan: Minister outlines key investment opportunities

KARACHI: Federal Minister for Petroleum Ali Pervaiz Malik outlined key investment opportunities in upstream...

Updated 31 May, 2025 10:33am

South Asia

Indian Navy will lead New Delhi’s response to any future Pakistani aggression: Singh

NEW DELHI: India will use the firepower of its navy in response to any future aggression by Pakistan, India’s...

Updated 31 May, 2025 04:42pm

West Bank: Israel minister says ‘we will build Jewish Israeli state’

OCCUPIED JERUSALEM: Defence Minister Israel Katz vowed on Friday to build a “Jewish Israeli state” in the...

Published 31 May, 2025 05:56am

Students and exchange visitors: No scheduled US visa appointments cancelled: Embassy

ISLAMABAD: The US Embassy in Islamabad on Friday confirmed that no previously scheduled US visa appointments for...

Published 31 May, 2025 05:56am

Karachi braves very hot weather

KARACHI: The megacity’s residents endured a sweltering Friday as temperatures soared to 39 degrees Celsius...

Published 31 May, 2025 05:56am

Energy

PM urged to expedite Rs23bn power bill relief

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has appealed the Prime...

Updated 31 May, 2025 07:30am

Rain, storms in country kill 32 in a week

KARACHI: At least 32 people have been killed and more than 150 injured in Pakistan in a week of storms that followed...

Published 31 May, 2025 05:56am

Over 6,000 students benefit from PM’s Laptop Scheme at SAU: VC

HYDERABAD: As part of the Prime Minister’s Youth Laptop Scheme, Sindh Agriculture University (SAU) Tandojam...

Published 31 May, 2025 05:56am

Remembering Civil Defence

As someone who has lived through three wars with India in 1965, 1971 and then the recent conflict in 2025 I was a...

Updated 31 May, 2025 07:48am

Indo-Pak dispute

Prime Minister Narendra Modi, while addressing a large rally last week in his home state Gujarat, said: the people...

Updated 31 May, 2025 07:42am

Reserved seats: ECP says majority judgement premised on ‘erroneous conclusion’

ISLAMABAD: The Election Commission of Pakistan (ECP) submitted the majority judgement in the reserved seats case is...

Published 31 May, 2025 05:56am

ATC frames charges against six PTI workers in May 9 cases

ISLAMABAD: The Anti-Terrorism Court (ATC) on Friday framed charges against six Pakistan Tehreek-e-Insaf (PTI) ...

Published 31 May, 2025 05:56am

Afridi leaves for Hajj: Justice Muneeb sworn in as acting CJP

ISLAMABAD: Justice Muneeb Akhtar was sworn in as the acting chief justice of Pakistan on Friday, following the...

Published 31 May, 2025 05:56am

NA panel takes note of leakage of Advanced Level exam papers

ISLAMABAD: The parliamentary panel has taken note of recent reports of the leakage of Advanced Level examination...

Published 31 May, 2025 05:56am

PMD issues seasonal outlook for monsoon

KARACHI: The Pakistan Meteorological Department (PMD) has issued its seasonal outlook for the upcoming monsoon...

Published 31 May, 2025 05:56am

Energy

Minister briefed about overall structure of SSGC

ISLAMABAD: The Federal Minister for Petroleum addressed a media gathering at the Head Office of the Sui Southern Gas...

Updated 31 May, 2025 08:26am

PPRA holds consultative meeting on draft rules

ISLAMABAD: In a bid to obtain constructive feedback and recommendations on Draft Public Procurement Rules, 2025,...

Published 31 May, 2025 05:56am

British HC briefed about natural disasters facing coastal areas

KARACHI Secretary Environment, Climate Change and Coastal Development Sindh, Agha Shahnawaz Khan, held a meeting ...

Published 31 May, 2025 05:56am

Pakistan finally appoints ambassador to Afghanistan

ISLAMABAD: In a major surprising move amid lingering tense ties between the two neighbours, Government of Pakistan...

Published 31 May, 2025 05:56am

Indian military posture: Country cannot be coerced: Field Marshal

ISLAMABAD: Chief of Army Staff (COAS) Field Marshal Syed Asim Munir, on Thursday, reaffirmed Pakistan’s unwavering...

Published 31 May, 2025 05:56am

Pakistan govt announces public holidays for Eid-ul-Azha

ISLAMABAD: The federal government decided to announce a four-day public holiday for Eid-ul-Azha, starting from June ...

Updated 31 May, 2025 10:35am

SC limits army courts’ powers under Constitution

ISLAMABAD: The Supreme Court declared that under Article 175 (3) of the Constitution, the courts martial and the...

Published 31 May, 2025 05:56am

President signs bill criminalising child marriages into law

ISLAMABAD: President Asif Ali Zardari has signed the Child Marriage Restraint Bill into law, criminalizing marriages...

Published 31 May, 2025 05:56am

May 9 riots case: 11 PTI workers including MNA convicted by ATC

ISLAMABAD: An Anti-Terrorism Court (ATC) on Friday sentenced 11 Pakistan Tehreek-e-Insaf (PTI) workers, including a...

Published 31 May, 2025 05:56am

Pakistan won’t let India cross water treaty red line: PM

DUSHANBE: Prime Minister Shehbaz Sharif on Friday warned that Pakistan would not allow India to cross the red line ...

Published 31 May, 2025 05:56am

Nuclear weapons plan remains ‘sole guarantor of peace in SA’: Adviser

ISLAMABAD: Pakistan’s nuclear weapons programme remains the “sole guarantor of peace and stability in South...

Published 31 May, 2025 05:56am

The Weather

KARACHI: The weather report on Friday (May 30, 2025) and the forecast for Saturday (May 31, 2025)...

Published 31 May, 2025 05:56am

CM Maryam announces medical college for Layyah

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif made important announcements at a ceremony to distribute laptops...

Published 31 May, 2025 05:56am

Punjab govt, World Bank agree to boost partnership

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif met Country Director World Bank Najy Benhassine in which it was...

Published 31 May, 2025 05:56am

HC Bangladesh meets Governor

LAHORE: Bangladesh is committed to strengthening ties with Pakistan in various sectors and there is a vast potential...

Published 31 May, 2025 05:56am

‘WASA Faisalabad completes arrangements for rainy season’

FAISALABAD: Provincial Parliamentary Secretary for Housing, Urban Development and Public Health Engineering ...

Published 31 May, 2025 05:56am

2024 Ramadan Nigehbaan Package: No audit report received by CM: Azma

LAHORE: Punjab Information Minister Azma Bokhari, while responding to certain media reports regarding the 2024...

Updated 31 May, 2025 08:38am

NHA, SNGPL slammed over failing public services

ISLAMABAD: The country’s top road and gas authorities came under fire on Friday, as a furious parliamentary panel...

Published 31 May, 2025 05:56am

27-year prison sentence: PTI MNA Latif claims ruling as bogus terrorism conviction

ISLAMABAD: The firebrand Pakistan Tehreek-e-Insaf (PTI) MNA from Chitral Abdul Latif, who was handed down a 27-year...

Published 31 May, 2025 05:56am

Commodities

Gold prices fall

KARACHI: Gold market lost its momentum on Friday as world bullion rates dipped close to $3,300 per ounce, traders...

Updated 31 May, 2025 08:44am

Rates

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Friday (May 30, 2025). ==================================== BR...

Published 31 May, 2025 05:56am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (May 30, 2025)....

Published 31 May, 2025 05:56am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (May 30, 2025). ======================== Open Bid Rs...

Published 31 May, 2025 05:56am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Friday (May 30,...

Published 31 May, 2025 05:56am

Rates

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Friday (May 30, 2025). ========================== KIBOR...

Published 31 May, 2025 05:56am

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 31 May, 2025 05:56am

Cotton & Textile

Local cotton market remains steady

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

Published 31 May, 2025 05:56am

Letters

‘Sarah Adam lifts the veil on India-TTP nexus to kill Kashmiris’

This is apropos two back-to-back letters to Editor carried by the newspaper on Thursday and yesterday. Sarah ...

Published 31 May, 2025 05:56am

CERP and Princeton launch energy transition roadmap

ISLAMABAD: In a significant step toward building a sustainable and resilient energy future, the Centre for Economic...

Updated 31 May, 2025 09:00am

Panel suggests review of USC sell-off decision

ISLAMABAD: The 9th meeting of the Standing Committee on Privatisation held Friday under the chairmanship of Muhammad...

Updated 31 May, 2025 09:00am

Aurangzeb praises World Bank’s valuable contributions to Pakistan

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb, on Friday, met with the World Bank Pakistan...

Updated 31 May, 2025 03:29pm

Wage employment, entrepreneurship: Pakistan faces significant gender gaps: World Bank

ISLAMABAD: Pakistan faces significant gender gaps in wage employment, entrepreneurship, and access to productive...

Updated 31 May, 2025 04:42pm

FBR misses May target by Rs206bn

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 904 billion in May 2025 against the...

Updated 31 May, 2025 03:29pm

No legal framework exists: FIs must avoid deals involving VAs: SBP

KARACHI: The State Bank of Pakistan (SBP) on Friday said it has directed financial institutions to refrain from...

Updated 31 May, 2025 03:30pm

Rates

PSX extends winning streak

KARACHI: The Pakistan Stock Exchange (PSX) ended the week on a positive note as investor sentiment stayed upbeat,...

Published 31 May, 2025 05:56am

Upcoming JCC session: Pakistan govt finalises CPEC deliverables after progress reviews

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal, chaired a high-level...

Updated 31 May, 2025 10:37am

CA balance incorporated: PKR kept artificially undervalued at 282.2 vs $1: Tola

LAHORE: The value of the rupee (PKR) is 249.2/USD after incorporating the Current Account balance of the Jul-April...

Updated 31 May, 2025 09:19am

China’s global mediation body: Pakistan becomes co-signatory

ISLAMABAD: Pakistan has become a co-signatory to China’s newly setup Hong Kong-based International Organisation ...

Published 31 May, 2025 05:56am

Industry

PAAPAM concerned at proposed National Tariff Policy 2025-30

LAHORE: The Pakistan Association of Auto Parts Manufacturers (PAAPAM) convened an extraordinary general meeting to...

Published 31 May, 2025 05:56am

Industry

Uzbek investors want to boost trade, economic ties

LAHORE: Uzbek businessmen and investors are keen to strengthen mutual trade and economic ties. These views were...

Published 31 May, 2025 05:56am

SECP issues concept paper on algorithmic trading

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed a framework that seeks to foster...

Published 31 May, 2025 05:56am

Industry

Cigarette industry demands effective TTS enforcement

KARACHI: Cigarette industry has urged the federal government for the special measures in the budget for effective...

Published 31 May, 2025 05:56am

Energy

Ministry seeks ECC nod for new OMCs, dealers’ digitisation

KARACHI: The Petroleum ministry is set to send a summary to the Economic Coordination Committee (ECC), in near...

Published 31 May, 2025 05:56am

Cross-border logistics technology solutions: Pakistan grants official customs licence to Falcon-i

KARACHI: Falcon-i, Pakistan’s leading Internet of Things (IoT) fleet management company has been granted an official...

Updated 31 May, 2025 10:40am

‘Port investment key to maritime growth, blue economy in Pakistan’

KARACHI: The modernisation of Pakistan’s maritime industry and the expansion of its blue economy depend heavily on...

Updated 31 May, 2025 10:41am

Faceless, clueless, hopeless

EDITORIAL: For all the noise around digital reform and anti-corruption efforts, Pakistan’s Faceless Customs...

Updated 31 May, 2025 07:37am

Defending against digital breaches

EDITORIAL: The advisory issued on May 26 by the National Cyber Emergency Response Team — the government body...

Published 31 May, 2025 05:56am

Finance Bill 2025–26: CAP urges govt to overhaul retail tax structure

LAHORE: Pakistan’s organized retail sector on Friday urged the government to overhaul the current retail taxation...

Published 31 May, 2025 05:56am

Commodities

Proposal part of government’s policy to penalise non-filers of income tax returns

Updated 31 May, 2025 03:29pm

Money & Banking

Asian currencies: S Korean won, Taiwan dollar up

BENGALURU: Asian stock markets fell on Friday after a US federal court kept President Donald Trump’s tariffs in...

Updated 31 May, 2025 06:44am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 14	144.07
USD to Swiss Franc / Jun 14	0.81
Pound Sterling to USD / Jun 14	1.36
Euro to USD / Jun 14	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
India Sensex / Jun 14	81,118.60
Tokyo Nikkei / Jun 14	37,834.25
Nasdaq / Jun 14	19,406.83
Hang Seng / Jun 14	23,892.56
FTSE 100 / Jun 14	8,850.63
Dow Jones / Jun 14	42,197.79
Germany DAX 30 / Jun 14	23,516.23
France CAC40 / Jun 14	7,784.68

Item	Value
Petrol/Litre / Jun 14	253.63
Crude Oil USD/Barrel / Jun 14	72.98
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Gold Spot USD/Ounce / Jun 14	3,432.34
Diesel/Litre / Jun 14	254.64
Cotton US¢/pound / Jun 14	67.84

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.06 ▲ 0.94 (44.34%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.71 ▲ 0.58 (27.23%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.65 ▲ 0.48 (15.14%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.56 ▲ 0.36 (11.25%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)

Stock	Price
Shaheen Ins. / Jun 13 Shaheen Insurance Company Limited(SHNI)	4.75 ▼ -0.65 (-12.04%)
Trust Sec.& Brok. / Jun 13 Trust Securities & Brokerage Limited(TSBL)	12.20 ▼ -1.36 (-10.03%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.23 ▼ -1.24 (-9.94%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.72 ▼ -4.26 (-9.69%)
Crescent Cotton / Jun 13 Crescent Cotton Mills Limited(CCM)	50.41 ▼ -5.4 (-9.68%)
Shahtaj Textile / Jun 13 Shahtaj Textile Limited(STJT)	78.62 ▼ -8.32 (-9.57%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.69 ▼ -3.23 (-9.52%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,655,242 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	100,891,108 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	85,324,384 ▲ 0.94
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	30,960,243 ▲ 0.62
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	27,555,139 ▼ -0.26
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	27,294,482 ▲ 0.17
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	27,189,737 ▲ 0.58
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	26,834,469 ▼ -0.35
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	23,063,464 ▲ 1
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	21,700,047 ▼ -0.4

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