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KARACHI: A matter between Khubaib, the son of woman Senior Superintendent of Police (SSP) Naseem Ara Panwar and police personnel has been settled peacefully as a Judicial Majisterate South released him on bail on the charges of misbehaving with police personnel, ARY News reported.The court has ordered to submit Rs 50000 surety bonds.South Investigation officials confirmed that the officer's son was set free tonight following the granting of bail.The incident occurred yesterday in Defence Housing Authority (DHA) Phase 7 during routine snap-checking.According to reports, the youth lost his temper when his car was stopped. He allegedly grabbed Sub-Inspector Shahzad Shakeel by the neck and used abusive language.At the time of the incident, Khubaib’s vehicle was equipped with unauthorized police lights and a police number plate; two private guards were also present in the vehicle.Following the altercation, Deputy Inspector General (DIG) South ordered the youth to be locked up and his vehicle taken into custody.On the other hand, Khubaib alleged that the snap-checking was being conducted using private vehicles instead of official police mobiles.https://youtu.be/S7JCCxu5va0?si=zh77i9D3rduNRuaGFurthermore, he claimed that his private guards were tortured by the police personnel. Khubaib maintained that he was the actual victim in the situation, rather than the police officers.
KARACHI: Astronomers have predicted that Eid-ul-Adha is likely to fall on Wednesday, May 27, ARY News reported.Experts state that the new moon will be born during the intervening night of May 16 and May 17 at 1:15 AM. By the evening of May 17, the moon’s age will be over 18 hours. If weather conditions remain clear on that evening, the Zil-Hajj crescent is expected to be visible, making May 18 the 1st of Zil-Hajj. Consequently, Eid-ul-Adha would be celebrated on May 27.However, if the moon is not sighted on May 17, the month of Dhu al-Qi'dah (Zeeqad) will complete 30 days, pushing Eid-ul-Adha to Thursday, May 28. The Central Ruet-e-Hilal Committee will make the final decision regarding the sighting of the crescent.Earlier, the Ruet-e-Hilal Research Council also predicted that there are strong chances of celebrating Eid-ul-Adha on May 27. Council Secretary-General Khalid Aijaz Mufti stated that scientific data supports the expectation that the festival will fall on that date.The council has released its scientific report concerning the sighting of the moon for Dhu al-Hijjah 1447 AH.The scientific data indicates a strong possibility of Eidul Adha being celebrated in Pakistan on Wednesday, 27 May 2026.The council explained that the new moon will be born at 1:15am (Pakistan time) on the night between 16 and 17 May. By sunset on 17 May, the moon’s age will exceed 18 hours in most parts of the country, which is sufficient for it to be visible to the naked eye.The report further noted that on 17 May, the time difference between sunset and moonset will be approximately 55 minutes in Karachi and up to 63 minutes in Peshawar.If weather conditions remain clear, the moon is expected to be clearly visible on Sunday evening, which would make 18 May the first of Dhu al-Hijjah and Eidul Adha falling on 27 May.According to this scientific forecast, there is also a possibility that Eidul Adha will be observed on the same day in both Pakistan and Saudi Arabia this year.However, if the moon is not sighted on 17 May due to cloudy conditions, Dhu al-Qi’dah will complete 30 days, and Eid will instead fall on Thursday, 28 May.It is important to note that the final decision will be made following the official meeting of the Central Ruet-e-Hilal Committee.
ISLAMABAD: Prime Minister Shehbaz Sharif has directed to promote renewable energy projects to overcome power shortage in the country.Chairing a meeting regarding power sector reforms in Lahore today, he emphasized promoting the use of modern technology in the energy sector.The Prime Minister instructed to take steps to facilitate both industrial and domestic electricity consumers.He said uninterrupted supply of energy should be ensured to promote industrial development.Shehbaz Sharif said providing facilities for domestic consumers is among the top priorities of the government.The Prime Minister also instructed to significantly reduce line losses by improving the electricity transmission system.Shehbaz Sharif directed to formulate a comprehensive strategy to stabilize electricity prices.He stressed to promote digital facilities to make it easier for consumers to pay bills.The Prime Minister instructed to continue strict measures to eliminate electricity theft.He said reforms in the energy sector will not be made without keeping in mind the wider interests of the public and industry.During the meeting, recommendations were also presented to the Prime Minister regarding electricity consumption for domestic consumers and industry.The meeting was attended by Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Finance Minister Muhammad Aurangzeb, Minister for Economic Affairs Ahad Khan Cheema, Minister for Information and Broadcasting Attaullah Tarar, Minister for Power Sardar Awais Ahmed Khan Leghari, Minister for Petroleum Ali Pervaiz Malik, Minister of State for Finance Bilal Azhar Kayani, Special Assistant Haroon Akhtar, and senior officials from relevant institutions.
ISLAMABAD: The Federal Board of Intermediate and Secondary Education (FBISE) has delayed the SSC Annual Examinations at overseas centers, ARY News reported.The Secondary School Certificate (SSC) Part I examinations have been postponed in the United Arab Emirates (UAE), Kuwait, and Bahrain.Originally scheduled for May 5, the exams have been rescheduled to May 12 due to delays in logistical arrangements in these countries.FBISE stated that a detailed revised date sheet will be communicated shortly.Earlier, the Federal Board of Intermediate and Secondary Education (FBISE) announced a new grading formula, which will come into effect from 2026 for Secondary School Certificate (SSC) examinations, while the same system will be implemented for FA and FSc examinations from 2027.Under the new grading structure, students securing 96% to 100% marks will receive an “A++” grade, while those scoring 91% to 95% will be awarded an “A+” grade.Similarly, marks between 86% and 90% will correspond to an “A” grade, 81% to 85% to “B++”, and 76% to 80% to “B+”.Students achieving 71% to 75% will receive a “B” grade, while 61% to 70% will be marked as “C+” and 51% to 60% as “C”. Those obtaining 40% to 50% will receive a “D (Emerging)” grade in the Federal Board.Read more: Matric, inter students to get grace marks under new grading systemCandidates scoring below 40% will be classified as “Ungraded”, though such students may be eligible to reappear in the examination if they meet the prescribed conditions in the Federal Board.An FBISE official said during the said meeting of IBCC, all examination boards of the country had agreed to adopt the revised grading system and the new passing marks formula; however, it is yet to be seen whether they will implement it or not.
Karachi/Manama – May 2, 2026 The Bahraini Dinar (BHD) held steady against the Pakistani Rupee (PKR) today, trading at 738.18 PKR per dinar in the interbank market. This minor adjustment from recent levels underscores the relative stability in the currency pair amid ongoing economic developments in both countries. The BHD/PKR exchange rate is derived through the interbank foreign exchange market. Bahrain maintains a fixed peg of its dinar to the US Dollar at approximately 1 BHD = 2.65957 USD (or 1 USD = 0.376 BHD), managed by the Central Bank of Bahrain. This provides strong stability to the BHD. The Pakistani Rupee operates on a managed floating system, where the State Bank of Pakistan (SBP) intervenes as needed to manage volatility. The cross rate (BHD to PKR) is calculated by linking both currencies through the USD: BHD/PKR Rate ≈ (USD/PKR Rate) ÷ (USD/BHD Rate) Today’s rate of 738.18 PKR per BHD reflects current USD/PKR levels and Bahrain’s firm peg. Mid-market rates from global platforms show slight variations depending on buy/sell spreads and transfer methods.Economic Impact The stability in the BHD/PKR pair is positive for the large Pakistani expatriate community in Bahrain, ensuring more predictable remittance inflows to Pakistan. It also supports bilateral trade, investment, and travel by reducing currency risk for businesses and individuals. For Pakistan, a relatively stable rate against a strong Gulf currency helps ease pressure on foreign exchange reserves and supports import financing. However, any significant weakening of the PKR could increase the cost of remittances in local terms or affect competitiveness. Bahrain’s oil-backed, diversified economy and USD peg continue to anchor the dinar’s strength. Analysts note that global factors — such as oil prices, US interest rates, and Pakistan’s macroeconomic indicators — will remain key drivers for future movements in this pair. The Bahraini Dinar (BHD) is one of the world’s strongest and highest-valued currencies. Introduced in 1965 and issued by the Central Bank of Bahrain, it is divided into 1,000 fils and symbolized as .د.ب or BD. Its fixed peg to the USD has helped maintain long-term stability. The Pakistani Rupee (PKR), symbolized as ₨ or Rs, has served as Pakistan’s official currency since 1947. Managed by the State Bank of Pakistan and divided into 100 paisa (though paisa coins are rarely used now), the PKR reflects the country’s dynamic economic conditions, including trade balances, remittances, and fiscal policies. This steady exchange rate highlights the complementary economic ties between the two nations and offers a reliable benchmark for stakeholders.
ISLAMABAD: The Federal Constitutional Court (FCC) has announced positive news for its staff, as Chief Justice (CJ) Amin Uddin Khan approved a significant increase in allowances, ARY News reported.Following the Chief Justice's approval, a formal office order has been issued.Under this revision, judicial and utility allowances for employees have been increased by 50% relative to their basic salaries.These new rates will take effect immediately for all FCC staff.The office order specifies that additional allowances will not be granted during extended periods of leave.The increased expenditures will be covered by the court's budget allocation for the 2025–2026 fiscal year.The Additional Registrar of Administration has officially issued the notification regarding the increase.Earlier in February this year, the Federal Constitutional Court of Pakistan has launched its official website, www.fccp.gov.pk, which is described as a significant move towards greater transparency, accessibility, and digital transformation in Pakistan’s judicial system.The website was inaugurated by the Chief Justice at a ceremony held at the court premises, attended by fellow judges of the Federal Constitutional Court of Pakistan.The newly launched website introduces a modern, user-friendly interface designed to facilitate litigants, advocates, researchers, and the general public.It provides comprehensive and up-to-date information about the Court’s jurisdiction, bench composition, and judicial functioning.Key Features of the WebsiteThe website offers a range of digital services and information resources, including:Online Case Search Facility for litigants and advocates • Applications for: • Certified Copies • Adjournment Requests • Early Hearing Requests • Cause List Publication with timely updates • Notices and Circulars issued by the Court • Dashboard & Statistical Data for public transparency • Information about Judges, administration, and Court procedures Speaking at the launch ceremony, the Chief Justice highlighted the role of digital innovation in strengthening institutional transparency and improving service delivery. He described the initiative as a foundational step towards a more responsive and technologically advanced judicial framework.The Registrar of the Federal Constitutional Court stated that the website aligns with the court’s broader vision of providing accessible and structured information to stakeholders, while streamlining procedures for litigants and members of the legal profession.
KARACHI: A wind and dust storm alert has been issued for upper Sindh, ARY News reported.The Pakistan Meteorological Department and the Provincial Disaster Management Authority (PDMA) issued the warning after DG Salman Shah confirmed that a new wave of westerly winds is entering the province's north-western areas this evening.Under this system, an intense heatwave and dust storm are likely to hit upper Sindh from the evening of May 2 until May 3.Strong winds may damage vulnerable structures, including electricity poles, billboards, and solar panels. Citizens are advised to exercise caution during these harsh weather conditions.The Met Department added that the system is expected to subside the intense heatwave in the plains, providing relief from the scorching heat.DG PDMA also issued instructions for farmers to manage their crops and harvesting schedules according to the forecast.All district administrations and Deputy Commissioners have been directed to remain alert and complete preemptive measures to handle any emergency.On the instructions of Giyan Chand Essrani, Advisor to the CM on Rehabilitation, PDMA staff remain on high alert, with officials pledging to use all available resources to protect lives and property.
As of today, May 02, 2026, one Omani Riyal (OMR) is trading at 725.23 Pakistani Rupees (PKR). For those tracking the OMR to PKR exchange rate, the pair has remained largely stable this week with only minor fluctuations, staying within a tight range around the 724-726 levels. The Omani Riyal (﷼) continues to be a symbol of stability, pegged to the US Dollar at 2.6008 since 1986 and supported by Oman's oil-rich economy. On the other side, the Pakistani Rupee (₨), managed by the State Bank of Pakistan, is a floating currency influenced by inflation, remittances, and global economic factors. This week, the OMR/PKR rate showed a slight positive movement, rising modestly to today's level of 725.23 PKR. The Riyal's value remains closely tied to oil market trends, with Brent crude prices staying firm in recent days. For the PKR, strong remittance inflows — recently around $3.8 billion in a single month — continue to provide important support, even as inflation remains moderate. Because of the OMR's dollar peg, movements in the US economy also play a noticeable role. The current rate is hovering below the longer-term average, indicating potential for gradual shifts depending on energy prices and remittance trends. These rates have a direct impact on daily life. A Pakistani worker in Muscat earning 500 OMR would now send home roughly 362,615 PKR. While the recent stability keeps remittance value consistent, it still helps families cope with living costs, including steady pressure on essentials like rice. Trade between Oman and Pakistan, which hovers around $1-1.2 billion annually (Pakistan exporting textiles and rice, Oman supplying energy products), feels these movements too. A relatively softer OMR can make Omani imports a bit more affordable for Pakistan while offering minor advantages to exporters. Travelers will notice that 1,000 PKR still gets you about 1.38 OMR for a trip to Muscat, with little change in recent weeks.
ISLAMABAD: Passport services have been temporarily suspended at Pakistani embassies across the world due to technical issues at the Passport Headquarters in Islamabad, ARY News reported.Passport operations at all Pakistani foreign missions will remain suspended until further notice.Pakistani embassies in various countries have informed their citizens of the situation via their official social media pages.Pakistan embassy in Oman informed the Pakistanis residents in the country on facebook page of the embassy "Pakistani Community in Oman is hereby informed that due to technical reasons at Passport Headquarters Islamabad, passport operations at all Pakistan Foreign Missions including Embassy of Pakistan, Muscat will remain suspended until further notice. The resumption of passport services will be announced on our social media platforms. The inconvenience is deeply regretted."Pakistani Embassy in Saudi Arabia informed on its Facebook page, "It is to inform, due to technical reasons at Headquarters Islamabad, passport operations at all Pakistan Foreign Missions will remain suspended until further notice. The resumption of services will be announced on our social media platforms.Any inconvenience caused is regretted
As of May 2, 2026, cement prices in Pakistan for a standard 50kg bag of ordinary Portland cement (OPC, typically 53 grade) range from approximately Rs. 1,375 to Rs. 1,550, depending on the brand, region, quality, and local market conditions. The nationwide average sits around Rs. 1,400 to Rs. 1,480 per bag, with retail prices in major cities often higher due to dealer margins and transport. In major cities: Karachi and southern markets (including other Sindh areas) often see more competitive rates, typically Rs. 1,350 to Rs. 1,500, benefiting from proximity to production plants and lower freight costs. Lahore, Islamabad, and northern regions generally range from Rs. 1,380 to Rs. 1,550 (with some urban retail quotes reaching Rs. 1,520–1,580), influenced by higher transportation distances and steady construction demand. These authentic rates are based on the latest dealer updates and market reports as of early May 2026. Prices have shown relative stability with minor fluctuations in recent weeks. The ongoing Iran conflict (escalated since late February 2026) continues to create volatility in global oil markets through disruptions in the Strait of Hormuz. This has kept international crude prices elevated, leading to repeated petrol and diesel hikes in Pakistan. As of May 1, 2026, petrol stands at Rs. 399.86 per litre (up Rs. 6.51 recently) and high-speed diesel at Rs. 399.58 per litre (up Rs. 19.39). Even after partial relief measures earlier, fuel costs remain significantly higher than pre-conflict levels. Higher diesel prices directly raise transportation expenses for cement (especially long-haul trucking) and energy costs for kiln operations. Despite this sustained pressure, strong domestic production and supply chains have helped limit sharper spikes in cement bag prices so far.Cement Price: Key Insights for Builders in Early May 2026 Pakistan’s construction sector continues to rely on cement as a foundational material for homes, roads, commercial developments, and large-scale government infrastructure initiatives. In early May 2026, the market remains balanced but watchful amid lingering global energy volatility from the Iran situation. Today’s Cement Prices in Pakistan (Per 50kg Bag) Standard grey OPC cement trades in the Rs. 1,375–1,550 range across the country. Southern regions, particularly around Karachi and Sindh, maintain relatively competitive pricing near Rs. 1,350–1,500, while northern cities like Lahore and Islamabad typically see Rs. 1,380–1,550. These variations primarily arise from plant locations, freight charges, and regional demand patterns. The ripple effects of the Iran conflict on petrol and diesel prices have added to logistics and production costs, yet cement rates have experienced only gradual adjustments rather than major surges. This measured stability offers builders and homeowners a reasonable degree of predictability for planning renovations, new residential projects, or bigger developments. Practical tips for buyers right now: Compare quotes from multiple local suppliers to secure the most competitive rate. Inquire about bulk purchase discounts, which can help offset some of the fuel-driven cost increases. Keep an eye on energy price movements or any further policy responses to the Iran conflict that could influence future cement pricing. With sustained government emphasis on housing schemes and infrastructure spending, cement demand remains firm, supporting active supply chains. The recent fuel price volatility linked to the Iran war serves as a reminder of how international events can affect local construction costs, but current authentic rates still allow for effective budgeting in ongoing projects. For the most precise pricing in your area (especially in Sindh regions like Karachi or nearby), contact trusted local vendors or check daily dealer boards — small variations can occur based on immediate stock, delivery fees, or dealer margins. Staying informed on these real-time market rates, including the petrol price effects tied to the Iran conflict, helps keep your construction expenses under better control in Pakistan’s evolving building materials landscape.
Dubai / Karachi, May 2, 2026 – The UAE Dirham (AED) is trading at 75.90 Pakistani Rupees in the open market today, showing a modest decline of 0.06 PKR from recent levels. The pair has now edged closer to the psychologically important 76.00 mark, continuing the gradual softening trend that has been in place since late 2025.The steady foundation of the Dirham The Dirham’s reliable performance stems from its fixed peg to the US Dollar at 3.6725 AED per USD — a policy that has remained unchanged since 1997 and continues to provide strong protection against sharp volatility. The Pakistani Rupee, while floating, has been quietly supported by healthy foreign reserves and consistent remittance inflows, helping it maintain balance against the AED. Today’s rate of 75.90 PKR per AED reflects this ongoing equilibrium, offering a dependable and slightly more favorable conversion for cross-border transfers.Real support for Pakistani families For the estimated 1.5 million Pakistanis living and working in the UAE — from construction sites to corporate offices — today’s rate means each dirham sent home now converts to 75.90 PKR. Monthly remittances from the UAE regularly exceed $700 million, so even a small daily improvement adds up to meaningful assistance for families covering school fees, medical expenses, groceries, utility payments, and other essentials in Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, and beyond. These funds remain a vital economic lifeline, helping millions manage daily life and invest in a better future.Today's Quick Snapshot Current Rate: 1 AED = 75.90 PKR Change: −0.06 PKR (−0.08%) 7-day high: 76.50 PKR 30-day average: ~76.30 PKR 2025 high (July): 77.61 PKR 2025 low (Jan): 75.44 PKR 2026 Outlook Most market projections see the AED-PKR pair staying between 75.80 and 77.00 through the first half of 2026, with the central tendency around 76.10–76.60 by Q2. The UAE’s ongoing diversification into technology, renewables, logistics and tourism, combined with Pakistan’s remittance stability and reserve accumulation, is expected to keep volatility moderate. Trending searches right now: AED to PKR today, UAE Dirham rate April 2026, 1 Dirham to PKR, Dubai currency Pakistan, AED PKR latest rate, Pakistani expats UAE remittances, AED to PKR forecast 2026, UAE Dirham newsToday’s rate: 1 AED = 75.90 PKR
KARACHI, May 2, 2026, 08:40 PM PKT — The Saudi Riyal (SAR) eased further today, closing at Rs74.33 against the Pakistani Rupee (PKR) in the open market — a small decline from recent sessions and one of the softer levels seen in recent months, according to leading currency dealers in Karachi. The selling rate settled around Rs74.90. The pair remains locked in the same exceptionally narrow, low-volatility channel it has followed since early January 2026 — now spanning well over four months of remarkably compressed price action. Today’s level continues to sit significantly below the 2025 mid-year high of Rs76.03 (July peak) and near the softer territory last consistently observed in late October 2025.Remittance lifeline faces growing strain The Saudi Riyal continues to serve as the single most important monthly income source for millions of Pakistani households. Workers in Saudi Arabia’s construction, healthcare, hospitality and domestic sectors keep the remittance corridor active and reliable. Saudi Arabia retains its position as the top remittance-origin country, contributing $913.3 million in May 2025 alone — the largest single-country inflow. Cumulative remittances from July 2024 to May 2025 reached $34.9 billion, reflecting a strong 28.8% year-on-year increase. At today’s rate of Rs74.33, every 1,000 Riyals sent home equals Rs74,330 — a gradual but persistent decline from earlier 2025 levels. While still providing essential support for school fees, medical treatment, groceries, utility bills and household needs, the ongoing weakness is putting mounting pressure on remittance-reliant families amid persistent inflation.Economic implications of today’s rate A Riyal trading around Rs74.33 generates opposing forces: Remittance-receiving households face a slow but steady erosion in real purchasing power. Importers of Saudi crude oil, refined products and petrochemicals continue to enjoy lower costs in rupee terms. Pakistan’s trade balance gains modest indirect relief from cheaper imports. Foreign exchange reserves (above $11 billion as of late 2024) are still being steadily supported by these inflows, helping the State Bank manage inflation and external debt obligations. The softer Rupee also helps keep Pakistani exports (rice, textiles, leather, surgical instruments, fresh produce) attractive on international markets.Quick reference: the two currencies Saudi Riyal (SAR) — subdivided into 100 halala, rigidly pegged to the US dollar (≈ 3.75 SAR = 1 USD), managed by SAMA for maximum stability. Pakistani Rupee (PKR) — symbol ₨, operates under a managed float supervised by the State Bank of Pakistan, influenced by inflation, trade balance and — most importantly — remittance volumes. Looking ahead The SAR–PKR pair has now spent more than four months in this unusually tight range — one of the longest periods of sustained low volatility in recent memory. With overseas Pakistani worker outflows remaining robust and seasonal drivers (Hajj/Umrah travel, fiscal year-end bonuses) still providing support, the remittance corridor is expected to stay one of Pakistan’s most dependable economic links. A decisive break from this range would likely require a meaningful shift in global dollar strength, oil prices or domestic reserve dynamics. For the time being, the Riyal at Rs74.33 continues to serve as a quiet but critical pillar for millions of households — though each paisa of erosion is felt more acutely with time. Sources: State Bank of Pakistan, Forex Association of Pakistan, open-market dealer quotes
ISLAMABAD: Saudi Arabia has withdrawn its earlier decision to set a minimum age of 15 years for Hajj pilgrims, Pakistan’s Ministry of Religious Affairs and Interfaith Harmony said on Saturday.In a statement, the ministry confirmed that Saudi authorities have revoked the restriction shortly after announcing it.According to the revised directive, pilgrims aged above 12 years will now be allowed to perform Hajj, restoring the previous policy. Earlier decision Earlier, the ministry had announced that Saudi Arabia had set the minimum age for Hajj pilgrims at 15 years for 2026. Under that directive, no pilgrim below 15 years (as of May 27, 2026, corresponding to Day of Arafah) was to be allowed to travel, and airlines were instructed not to carry underage pilgrims.However, the decision has now been reversed, and the earlier age limit of 12 years remains in effect. Health facilities for Pakistani pilgrims in Makkah and Medinah Meanwhile, Director General Hajj Jeddah, Abdul Wahab Soomro, has announced the phased establishment of 35 modern clinics in Makkah and Medinah to provide comprehensive health facilities to 119,000 Pakistani pilgrims under Saudi Ministry of Health regulations.To address space constraints near the Pakistan Hajj Mission office in Azizia, a new and expansive central clinic has been activated to provide all medical services under one roof.Under this integrated framework, 3 to 4 ambulances remain on 24/7 alert at each clinic, while the deployment of German hospital technical staff and supervisors ensures treatment aligns with international standards.The Director General shared these details during a media talk while inspecting the newly established central clinic.He conducted an in-depth review of the male and female OPDs, pharmacy, dental unit, ultrasound, X-ray, and physiotherapy departments, where pilgrims expressed full satisfaction with the quality of care. Medical authorities, led by Colonel Dr. Tauqeer, Lieutenant Colonol Hamza Mansur and Lieutenant Colonel Jawad Aslam, briefed the DG that over 8,000 types of medicines have already been distributed free of charge through OPD services.Officials further confirmed that the laboratory offers 28 types of modern diagnostic tests.
Karachi, May 02, 2026 – Silver prices in Pakistan have shown firm upward momentum today, with the chandi ka rate at Rs. 7,671 per tola—demonstrating sustained strength driven by international precious metals trends and active local demand. This performance continues the recent positive pattern, as silver remains highly responsive to global market signals and safe-haven buying interest. Current local rates stand at Rs. 6,575 per 10 grams and Rs. 657.5 per gram, supported by international spot silver activity and its reliable linkage to gold. The metal continues to draw attention as a practical safe-haven choice and vital industrial resource in the prevailing economic climate. This firmness aligns with gold’s steady positioning (local 24K gold around Rs. 510,000+ per tola), highlighting the synchronized dynamics between the two metals amid ongoing market conditions.Key Factors Driving the Silver Price Increase in Pakistan Strong Link to Gold Rally – Gold’s solid footing (international spot near $5,100+/oz and local rates firm) supports silver, as traders regularly combine both for protection and diversification aims. International Spot Silver Momentum – Global silver has preserved forceful upward influence (spot levels in elevated ranges), swiftly amplifying local PKR valuation via import outlays and currency exchange impacts. Reliable Industrial Demand – Silver’s pivotal applications in solar panels, electric vehicles, electronics, and clean energy domains secure ongoing uptake, fortifying prices through assorted market situations. Local Buyer Engagement – Pakistani acquirers and jewelers are exhibiting steady participation with silver as a shield against inflation and a comparatively economical precious metal relative to gold, powering today’s firm trend in Sarafa markets. Analysts stress silver’s oscillating yet hopeful nature—recent movements have sustained this steady phase—upheld by investment attractiveness and industrial core elements. Buyers and investors should always verify live Sarafa market quotes prior to transactions, as prices respond swiftly to international shifts and local conditions.Current Silver Rates in Pakistan (May 02, 2026) Weight Rate (PKR) Notes 1 Gram 657.5 Fine/Pure Silver 10 Grams 6,575 Fine/Pure Silver 1 Tola 7,671 Standard Rate Rates are approximate and based on latest Karachi Sarafa/local reports
The Iranian rial (IRR) continues to generate significant buzz in Pakistan’s informal open currency market as of Saturday, May 2, 2026, with steady demand supporting the local premium. Currency dealers in Karachi, Quetta, and Lahore report that a standard bundle of 1 crore Iranian rials (10 million IRR) is currently trading in the range of PKR 8,000 to PKR 10,000 in the cash market. This remains three to four times higher than the pre-surge baseline of around PKR 2,500, even as the rial stays weak against major international currencies.Current Rates as of May 2, 2026 Rates fluctuate depending on the dealer, location, and transaction size — always confirm with registered exchange companies for the latest live quotes. Open Market (Informal Cash Market in Pakistan – Premium Bundle Rate) (Approx. based on PKR 8,000–10,000 for 1 crore / 10 million IRR) 1 PKR buys approximately 1,000 Iranian rials 10 PKR buys approximately 10,000 Iranian rials 1,000 PKR buys approximately 1,000,000 Iranian rials (10 lakh rials) 1 crore IRR costs approximately PKR 8,000–10,000 Authentic / Mid-Market Rate (International benchmark / official conversion rate – no local premium) (Approx. 1 PKR ≈ 4,720–4,730 Iranian rials) 1 PKR buys approximately 4,725 Iranian rials 10 PKR buys approximately 47,250 Iranian rials 1,000 PKR buys approximately 4,725,000 Iranian rials (approx. 47.25 lakh rials) (Equivalent: 1 crore IRR ≈ PKR 2,110–2,120) Why people are still buying the Iranian rial in Pakistan Demand remains driven by two main factors: Speculation and investment: Traders and individuals continue to purchase rials hoping for further appreciation tied to potential US-Iran diplomatic progress, sanctions relief expectations, or other geopolitical shifts that could strengthen the currency in the longer term. Many view it as a short-term profit opportunity in the current regional climate. Cross-border trade needs: There is sustained genuine demand from informal and semi-official trade with Iran, especially for petroleum products, fuel, food items, and other goods moving through the Balochistan border routes. Recent easing of transit and export rules has supported this activity, where physical rial notes are required for cash-based settlements. Market experts caution that while the local premium creates trading opportunities, the rial remains highly volatile internationally. Retail buyers should remain cautious of risks such as counterfeit notes and sudden price reversals if trade flows or political developments change. This Pakistan-specific open-market premium — where Iranian rials command significantly more PKR than their international value — is what continues to drive the ongoing interest. If you're planning to buy or sell, always deal with licensed exchange companies and monitor the market closely, as rates can change rapidly!
KARACHI: Sindh's Chief Minister Murad Ali Shah on Saturday issued alert for the provincial administration in Sindh's central and upper districts in view of the extreme heatwave conditions.Murad Ali Shah has said that Sindh's Jamshoro, Dadu, Nawabshah, Ghotki and Sanghar districts facing the heatwave conditions.The chief minister has ordered district authorities of the extreme heat affected areas to establish Heatwave Relief Camps immediately.Chief Minister Shah has also directed for special arrangements in hospitals for treatment of the heatstroke patients.Murad Ali Shah also advised people to observe precautionary measures for safety while going out of their homes."Citizens should cover their heads, increase drinking water to stay hydrated and take measures to get protected from the Sun.It is to be mentioned here that extreme heat has gripped much of Sindh, with the PMD reporting that the cities of Shaheed Benazirabad, Sakrand and Dadu topped the heat charts at 46.5 degrees Celsius on Friday. This was above the normal temperature by 2.8 degrees Celcius in Shaheed Benazirabad, 4.3 degrees Celcius in Sakrand and 3.8 degrees Celcius in Dadu.In Hyderabad, temperatures crossed the 45 degrees Celcius mark. Meanwhile, Jacobabad hit 45 degrees Celcius.Officials warned that persistent high temperatures could continue and urged residents to limit outdoor activity, stay hydrated and take precautions against heat-related illnesses.As for Karachi, the city has seen a continued increase in daytime temperature over the week: from 35.2 degrees Celsius recorded on Wednesday to 36.1 degrees Celsius on Thursday and 37.5 degrees Celsius on Friday. “Over the next two days (Saturday and Sunday), we are expecting that it may go up to 38 to 39 degrees Celsius,” said Chief Meteorologist Ameer Hyder.
KARACHI: Police have arrested two suspects from Jhang district in Punjab in connection with a burglary at a jewellery shop in Karachi.Police said the suspects had been residing in Karachi’s Lines Area, and a relative had arranged their rented accommodation.During a targeted operation, police arrested the two suspects from Jhang. A large portion of the stolen gold, along with silver items and the safe locker, was recovered.Authorities added that a special team, formed under DIG South Asad Raza, is still working to trace the remaining absconding prime suspect.According to police, the suspects broke into a jewellery store on Zaib-un-Nisa Street in Saddar on April 30 by cutting the shutter and stole a safe containing gold jewellery worth millions of rupees.The incident took place within the jurisdiction of Preedy Police Station at around 4:40am. The alarm was raised by a bazaar watchman at approximately 5:15am.SHO Preedy, Ayub Mirani, said the suspects arrived on a motorcycle, cut the shutter, and entered the shop. They also took the shop’s locks with them after the burglary.SSP South Mazhar Ali stated that the watchman confronted the suspects but was threatened at gunpoint.He added that the suspects initially offered the watchman Rs50,000 to remain silent, a claim reportedly supported by CCTV audio.
KARACHI: The Sindh High Court's (SHC) constitutional bench has directed the Sindh government to appoint five petitioners under the hereditary (son quota) of deceased government employees.The court ruled that the right granted under the deceased quota cannot be withdrawn and that such rights remain protected even after later legal developments.The SHC heard petitions against the non-provision of jobs under the son quota.The court held that the Supreme Court’s ruling in the 2024 Islamabad GPO case, under which Rule 11-A of the Sindh Civil Servants Rules, 1974 was struck down, would not apply retrospectively.The SHC observed that the right to employment under the deceased quota arises immediately after the death of a government employee. It further noted that the issuance of an appointment letter is only an administrative step, with past and accrued rights cannot be nullified by subsequent judgments.The court further directed the authorities to issue appointment letters to the petitioners within 15 days.The petitioners had applied for jobs in various government departments after the death of their parents, in accordance with Rule 11-A of the Sindh Civil Servants (Appointment, Promotion and Transfer) Rules, 1974.Their applications had also been recommended by departmental recruitment committees, but appointments were halted following the Supreme Court ruling.The court emphasized that government departments are bound to act on the recommendations of recruitment committees and that eligible applicants must be granted their due rights.
ISLAMABAD: Federal Constitutional Court (FCC) has declared a notification of Balochistan government as void regarding lifetime extra perks to former chief secretaries of the province.The constitutional court termed the notification of extra lifetime privileges as unlawful, which was issued with the approval of the Chief Minister of Balochistan and dismissed the appeal of the Chief Secretary Balochistan.Justice Aamer Farooq written the court verdict comprises of four pages."Every government step against the law stands without justification," the court said in its decision."There is no justification in the law for additional lifetime perks to retired chief secretaries and their widows," decision read."The pension and other facilities on retirement could only be given according to the law," court verdict read.As per the law the finance department could formulate rules regarding salary, pensions and other privileges. "The minister of finance or chief secretary have no authority with regard to government employees' privileges and pensions"."In this case the chief minister of Balochistan has approved additional facilities, which is against the law," court said. "The constitution only allows such steps which stand legally permissible".The Balochistan government had granted extra lifetime facilities to ex-chief secretaries and their widows. The Balochistan High Court had declared the additional perks against the law and the provincial government had filed an appeal in the constitutional court against the high court's decision.
KARACHI: Police have released the son of senior police officer Naseem Ara Panhwar after briefly detaining him for allegedly misbehaving with officers during a late-night incident in DHA Karachi.According to police sources, the incident occurred during snap checking in Defence Phase VII, where officers stopped a vehicle displaying a government number plate, flashing lights, and a hooter. The driver, Khubaib, reportedly became aggressive and misbehaved with the police.He allegedly grabbed the uniform of Sub-Inspector Shazan Shakeel and used abusive language. During the altercation, Khubaib identified himself as the son of SSP Naseem Ara Panhwar and reportedly said, “Call my mother.”Police took him into custody and registered an FIR for interfering with officials performing their duties. However, he was later released on bail after legal formalities.[video mp4="https://arynews-1313565080.cos.ap-singapore.myqcloud.com/zip-archives/wp-content/uploads/2026/05/AQOsJJOK1N-CLjMTTV7Sn9kL5DJ91JHN5UDOBUlEeUgdKa02AURLIT7NnVALNO0utMwW6hCWXhVEBJq1e3A68Izqq6n2mqodqAfKlrxeCg.mp4"][/video][video mp4="https://arynews-1313565080.cos.ap-singapore.myqcloud.com/zip-archives/wp-content/uploads/2026/05/6ukh7cjjbkugfwv0.mp4"][/video] Inquiry ordered Following the incident and the circulation of a video on social media, a departmental inquiry has been initiated against Sub-Inspector Shazan Shakeel to review the conduct of all officers involved.SP Clifton Khalid Javed has been appointed as the inquiry officer and directed to submit a report within three days. Authorities have emphasized that the investigation will be fair and impartial.Police sources said the vehicle used by the accused was a private car allegedly fitted with an official number plate and police lights assigned to his mother. Two private guards were also present in the vehicle at the time.The vehicle was taken into custody, and departmental action is also being considered against the guards. Officials are further reviewing the conduct of personnel present at the checkpoint.A police spokesperson stated that no one is above the law and clarified that relatives of police officers are not permitted to use official privileges or equipment.
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