Afghan Taliban regime once again cowardly targeted civilian areas in Angoor Adda, located in the South Waziristan district, the security sources said, ARY News reported.At least five people, including a woman and four children, were injured after Afghan Taliban regime forces resorted to unprovoked shelling in South Waziristan district, security sources said.Mortar shells fired from across the border landed on the homes of local residents Karim Khan and Rahmatullah in areas adjacent to Angoor Adda, the sources added.Resultantly, four children and a woman were seriously injured, the sources said, adding that they were rushed to Wana's DHQ Hospital for treatment.They said that Afghan Taliban and affiliated Khawarij elements are continuously targeting innocent civilians to advance their malicious objectives.In response to the unprovoked aggression, the Pakistan Army launched a strong and effective retaliatory operation, targeting multiple Afghan Taliban positions along the border. The sources added that following this response, Afghan Taliban personnel abandoned their posts and fled.They said that the Afghan Taliban regime has persistently targeted civilian populations inside Pakistan, while the Pakistan Army is responding in a befitting manner by precisely striking only military targets.The sources further stated that "Operation Ghazab lil-Haq" will continue until all designated objectives are achieved.
KARACHI, April 29, 2026: The Saudi Riyal (SAR) weakened further today, closing at Rs74.31 against the Pakistani Rupee (PKR) in the open market — a notable decline from recent sessions and one of the softest levels recorded since late October 2025, according to leading currency dealers in Karachi. The selling rate settled around Rs74.88. The pair remains firmly confined to the same exceptionally narrow, low-volatility channel it entered in early January 2026 — now stretching well beyond twelve weeks of remarkably compressed price movement. 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 Rs74.31, every 1,000 Riyals sent home equals Rs74,310 — 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 Rs74.31 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 twelve weeks 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 Rs74.31 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
Dubai / Karachi, April 29, 2026 – The UAE Dirham (AED) is trading at 75.88 Pakistani Rupees in the open market today, showing a modest decline of 0.18 PKR from recent levels. The pair has now moved closer to the psychologically important 76.00 mark, continuing the gradual softening trend observed 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 75.88 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 75.88 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 = 75.88 PKR Change: −0.18 PKR (−0.24%) 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. Today’s rate: 1 AED = 75.88 PKR A calm, dependable figure that quietly keeps delivering value to millions of families spanning the UAE and Pakistan.
QUETTA: Acting on the directives of Balochistan Chief Minister Mir Sarfraz Bugti, the provincial transport department has officially launched the Green Line Bus Service to the Sheikh Mohammed Bin Zayed Al Nahyan Institute of Cardiology (SMBZAN ICQ).The initiative aims to provide citizens with safe, reliable, and affordable travel facilities, particularly easing access for patients and their attendants.According to the transport department spokesperson, the service will operate daily from 7:00 a.m. to 11:00 p.m., with buses departing every 45 minutes to minimize waiting times. The route covers several key locations across Quetta, including BA Mall, FC Hospital, Nawan Killi, Zarghoonabad, Haji Manan, Labour Colony, Abdul Khaliq Chowk, Christian Colony, Highway Mart, Maleezai, Nasran, NUST, and SMBZAN Institute of Cardiology.Officials emphasized that the project’s primary goal is to ensure timely and comfortable access to the cardiac institute for patients and their families. They added that the provincial government is prioritizing public welfare projects and will continue to improve the urban transport system in the future.The launch of the Green Line Bus Service has been welcomed as a significant step toward enhancing public mobility and strengthening healthcare accessibility in Quetta.
ISLAMABAD: The National Accountability Bureau (NAB), through the implementation of targeted reforms and sectoral prioritization, has commenced the year 2026 with a strong and impactful performance.During the first quarter of 2026, NAB has achieved recoveries amounting to Rs. 2,962 billion (Rs. 2.962 trillion), reflecting a substantial and unprecedented increase of 33 times compared to Rs. 91.01 billion recovered in first quarter of 2025 and demonstrating enhanced institutional efficiency and enforcement capacity.Govt land recovered in Lahore and MultanWith the coordinated efforts, during the first quarter of 2026, a total of 4,034 acres of State land, valued at Rs. 23.33 billion, was recovered by NAB Lahore & Multan.Karachi and SukkurSimilarly, NAB Karachi & Sukkur recovered 54,387 acres of State land worth Rs. 2,891.38 billion (Rs. 2.89 trillion).Balochistan In the same period, NAB Balochistan recovered 51,577 acres of State land with an estimated value of Rs. 36.54 billion.Plea bargains, auctions, settlements and court finesIn addition to State lands recovery, NAB made other direct recoveries of Rs. 11.085 billion in the form plea bargains, auctions, settlements and Court fine.Further, 6,475 affectees of Cheating Public at Large cases have been settled with disbursements of Rs. 1.78 billion.This significant performance underscores NAB’s renewed strategic focus on high-value sectors, improved case management and strengthened inter-departmental coordination.The Bureau’s reform-driven approach has enabled accelerated identification, tracing and recovery of State lands.Close coordination with provincial GovernmentsIn continuation of this effort, National Accountability Bureau, in close coordination with provincial Governments, has also traced / tracked substantial recovery potential, comprising approximately 900,000 acres of misappropriated State land in the province of Punjab, with an estimated value of Rs. 4.37 trillion.Additionally, 452,968 acres of misappropriated State land of worth Rs. 10.96 trillion are being traced / tracked in the province of Sindh.To expedite and optimize this recovery process, the Government of Punjab and Sindh have constituted their dedicated task-forces, under the supervision of the Senior Member, Board of Revenue, marking the initiation of a coordinated institutional mechanism aimed at expediting State land recovery, its regularization and disposal process.The cumulative progress across provinces highlights a comprehensive and coordinated national response to asset recovery, with particular emphasis on leveraging provincial collaboration and institutional alignment.The ongoing initiatives are expected to further accelerate recovery proceedings and contribute significantly to strengthening transparency, governance, recovery of state land and public trust.NAB remains committed to pursuing accountability in a fair, transparent and merit-based manner,NAB remains committed to pursuing accountability in a fair, transparent and meritbased manner, while continuing to enhance its operational capabilities in line with emerging challenges.The Bureau reiterates its resolve to safeguard public assets and ensure that proceeds of corruption, mis-utilized / under-utilized State lands are effectively recovered and returned to National Exchequer.
MURREE: Security has been placed on high alert in Murree as the local administration has imposed Section 144 in the country's premier tourist resort, ARY News reported.The administration has issued a formal notification announcing the enforcement of Section 144, which bans all types of rallies and public gatherings in the Punjab hill station.According to the notification, any gathering of more than four people is strictly prohibited in the picturesque town.The government has placed a complete ban on all rallies, processions, sit-ins, and protests. These restrictions will remain in effect until May 5.Authorities have warned that prompt action will be taken against anyone breaking the law, and no violations will be tolerated.A comprehensive security plan has been implemented to maintain law and order, with a focus on cracking down on any illegal processions.Simultaneously, special arrangements for traffic management and public facilitation have been finalized to assist visitors.Furthermore, the administration has appealed to the public to follow all instructions and cooperate with law enforcement agencies during this period.The Khyber Pakhtunkhwa government has demanded Rs64.62 billion in outstanding dues from Punjab over water supplied from Galiyat to Murree, citing unauthorised extraction and worsening shortages.In letters to the federal government and Punjab, the provincial government said that Murree Water Board has been extracting water from Galiyat without any formal agreement or compensation.The KP government said that around 500,000 gallons of water are being extracted daily from Galiyat and transported to Murree without authorisation, aggravating water scarcity in the region.The letter also urged the Ministry of Inter-Provincial Coordination to facilitate an agreement between the two provinces.The KP government maintained that the dues, amounting to Rs64.62 billion, have accumulated since 1947.It further called for the immediate halt to the construction of a 2-million-gallon water tank by the Murree Water Board in Dunga Gali without approval from the Galiyat Development Authority.The letters demanded that all natural water sources in the area be recognised as KP’s property and handed over to the province.It also proposed that until a final agreement is reached, half of the extracted water should be allocated to Galiyat, while compensation for the remaining supply should be paid at market rates within two years.
The Federal Public Service Commission (FPSC) of Pakistan has announced new dates for its General Recruitment Tests Phase-I/2026, following a postponement last week.In a public notice issued on April 27, the FPSC said the tets originally due to take place between April 25, 2026, and May 6, 2026, will now be held from May 9, 2026, to May 20, 2026.The Commission added that updated admission certificates and a revised timetable for registered candidates will be uploaded by May 2, 2026. Candidates have been advised to check the FPSC website regularly for further updates about tests.The commission also shared helpline numbers for clarification during working hours.While the notice describes the postponement as being due to administrative reasons, the revised schedule for tests comes after the capital remained under heightened arrangements linked to the proposed second round of the Islamabad Peace Talks between the United States and Iran.
KARACHI: While the leaking of Matric and Intermediate board examination papers has become a recurring issue in Karachi, it has now been revealed that A-Level exam papers are also being compromised, ARY News reported.According to details, the A-Level (A-Level First Year) Mathematics paper was leaked the night before the scheduled exam.The paper surfaced online between 3:00 AM and 4:00 AM and was reportedly sold on the social media platform Reddit.The leaked Mathematics paper quickly went viral, spreading from Reddit to various WhatsApp groups.Efforts were made to contact Uzma Yusuf, the Country Director of Cambridge International Education, for a comment; however, no response has been received as of yet.Earlier today, the Board of Intermediate Education Karachi (BIEK) has claimed that it successfully foiled an attempt to leak a question paper during the ongoing inter exams.According to BIEK Chairman Fakir Muhammad Lakho, the first phase of the annual intermediate examinations began on Wednesday.The exams cover students of classes 11 and 12 across various groups, including Pre-Engineering, Pre-Medical, Science General, Home Economics, Arts (Regular and Private), special candidates, diploma in Physical Education, and grade improvement.He said that more than 160,000 students are participating in the examinations being held at 175 examination centres across the city in morning and evening shifts.For the first time, a digital attendance monitoring system has been introduced to improve transparency and supervision. Additionally, board officials are present inside examination centres during the papers, and a dedicated monitoring application is being used for real-time oversight.Lakho further stated that 21 examination centres have been declared highly sensitive. To ensure fairness, science papers will be conducted using e-marking and OMR systems, while efforts are underway to fully automate the examination system next year.The chairman also confirmed that, due to extreme heat, Rescue 1122 services have been engaged to assist during examinations. Complaint cells have been established at deputy commissioner offices in all districts of the city.He added that the examination process will continue until June 15, 2026.Paper leak attempt Meanwhile, the BIEK spokesperson rejected social media claims regarding a leaked question paper of Intermediate Part-II Botany.The spokesperson clarified that the Botany paper was shared on WhatsApp groups approximately half an hour after the exam began, and therefore it cannot be termed a “paper leak.”Investigations revealed that the paper was sent from a government degree college examination centre in Konkar Village, Gadap, by a girl student using a mobile phone.The board’s control room team identified the examination centre through watermark tracking on the paper and immediately contacted the vigilance officer, Hina Shaikh.The vigilance officer acted promptly, conducted a search of the students, and recovered a mobile phone containing the paper from a girl student.The examination centre administration has prepared a case against the student in accordance with rules and forwarded it to BIEK for further disciplinary action.The board reiterated its zero-tolerance policy against cheating, illegal means, and violations of examination rules, stating that strict action will continue against any such attempts.
The State Bank of Pakistan (SBP) has instructed banks and the House Building Finance Company Limited (HBFCL) to introduce a faster approval mechanism for applications submitted under the government’s housing finance scheme.In a circular issued, the State Bank of Pakistan (SBP) said banks and HBFCL must complete credit decisions within 15 working days of receiving a complete application.To accelerate processing, the SBP has also relaxed property valuation requirements. Banks and HBFCL will now be allowed to rely on their internal assessments for properties worth up to Rs.5 million. For higher-value properties, at least one valuation must still be conducted by an appraiser approved by the Pakistan Banks’ Association (PBA).The SBP has also revised eligibility and financing conditions for applicants. Under the updated guidelines, total monthly loan repayments—including housing finance and all other consumer financing obligations—must not exceed 65 percent of the borrower’s net disposable income.Meanwhile, the government has rebranded the initiative as the “Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna,” replacing its previous name ‘Mera Ghar–Mera Ashiana’.Under the scheme, eligible applicants can obtain financing of up to Rs. 10 million at a subsidized flat rate of 5 percent for purchasing a housing unit or constructing a house on already owned land.
KARACHI: CCTV footage has surfaced showing a 15-year-old student, Kinza, falling from the roof of a private school in Orangi Town. Unfortunately, the student succumbed to her injuries yesterday, ARY News reported.The police have registered a First Information Report (FIR) regarding the incident against the school administration and a chemistry teacher on charges of criminal negligence and carelessness.The incident occurred on April 21. Since then, the student had been in critical condition and was receiving treatment at a local hospital. Due to the severity of her injuries, police were unable to record her statement before she passed away.According to details, the girl fell from the stairwell roof on the fourth floor. While the police initially suspect the incident was accidental, an investigation is currently underway to ascertain the exact cause of the fall.Authorities have stated that they will record statements from fellow students and teachers before reaching a final conclusion.https://youtu.be/wHWzZQtmtN0?si=zq3shSve-VIIgZP4Earlier, it was reported that the female student, Kinza Hassan, had died after falling from the stairs in her school in Orangi Town, Karachi, police said on Wednesday.According to police, the incident took place on April 21 in Gabol Colony, where the girl fell from the fourth-floor staircase into the courtyard of the school. She sustained critical injuries and was immediately shifted to a hospital for treatment.The school principal stated that the student fell from the rooftop staircase.Officials said the family initially approached the police station but declined to pursue legal action at the time. The matter was reportedly settled amicably between the school administration and the parents.However, after the girl succumbed to her injuries, the family decided to seek legal action against the school administration.Police also noted that the principal had initially assured financial support for the student’s treatment but later backed out.Kinza had been studying at the school for the past three years.Police said that at first, the incident appeared to be an accident with no suspicious circumstances. However, following the registration of an FIR, a thorough investigation will now be conducted from multiple angles.
KARACHI, April 29, 2026 — Silver prices in Pakistan rose modestly on Wednesday, with the precious metal trading at Rs. 8,163 per tola in major Sarafa markets, supported by firm international cues and steady domestic investment demand.According to market updates from Karachi, Lahore, and Islamabad bullion exchanges, silver gained ground after international spot prices held near $78 per troy ounce. The local currency's relative stability against the US dollar helped contain volatility in rupee-denominated rates. Today's Silver Rates in Pakistan Unit Price (PKR) 1 Tola (24K/999) Rs. 8,163 10 Grams Rs. 6,998 1 Gram Rs. 699.8 1 Kilogram ~Rs. 699,800 Rates for pure 999-fine silver remained broadly uniform across major cities, with minor variations of Rs. 20-40 per tola observed in Peshawar and Quetta due to regional logistics and demand patterns. City-Wise Rate Snapshot City Per Tola (PKR) Per 10g (PKR) Karachi Rs. 8,163 Rs. 6,998 Lahore Rs. 8,163 Rs. 6,998 Islamabad Rs. 8,163 Rs. 6,998 Peshawar Rs. 8,130 Rs. 6,970 Faisalabad Rs. 8,163 Rs. 6,998 Quetta Rs. 8,130 Rs. 6,970 Near-Term Outlook Traders expect silver to consolidate between Rs. 8,100–8,300 per tola in the coming sessions, pending fresh cues from US economic data and PKR-USD movements. Physical demand ahead of the South Asian wedding season could provide additional support. "Silver remains an attractive option for middle-income savers seeking tangible assets," said a Lahore-based bullion dealer. "But buyers should verify purity and compare dealer premiums before transacting." Tips for Buyers Always request hallmark certification (999 fineness) for purity assurance Compare rates across at least three dealers to secure fair pricing Store physical holdings securely; bank lockers are recommended for larger quantities Track international silver prices via trusted portals for broader market context Jewelry purchases will carry additional making charges (typically 10–25%) plus applicable taxes, so investment-focused buyers are generally advised to opt for bars or coins with lower premiums. Disclaimer: Silver rates fluctuate intraday based on global markets and local demand. Figures quoted are indicative and verified as of 1:30 PM PKT,
ISLAMABAD: Acting President Yusuf Raza Gilani has approved the transfer of three Islamabad High Court (IHC) judges to various provincial high courts across the country, ARY News reported.Following the Acting President’s approval, the Ministry of Law and Justice issued a formal notification regarding the transfers.According to the notification:Justice Mohsin Akhtar Kayani has been transferred to the Lahore High Court (LHC).Justice Babar Sattar has been transferred to the Peshawar High Court (PHC).Justice Saman Rafat Imtiaz has been transferred to the Sindh High Court (SHC).Earlier yesterday, the Judicial Commission had approved the transfer of Islamabad High Court judges, including Justice Mohsin Akhtar Kayani and Justice Babar Sattar, to other high courts, according to an official statement.Under the decision, Justice Mohsin Akhtar Kayani has been transferred to the Lahore High Court. Following the move, he will rank 12th in seniority among LHC judges, despite being the senior-most judge at the Islamabad High Court prior to his transfer.Justice Babar Sattar has been transferred to the Peshawar High Court, where he will take the sixth position in the seniority list. He was previously ranked third in seniority at the Islamabad High Court.Justice Saman Rafat Imtiaz has been moved to the Sindh High Court and will stand 16th in the seniority hierarchy. She was sixth on the seniority list at the Islamabad High Court before the transfer.The commission also withdrew certain proposed transfers. The recommendation to transfer Justice Arbab Muhammad Tahir to the Balochistan High Court has been revoked, while the proposal to move Justice Khadim Hussain to the Sindh High Court has also been withdrawn.The statement further clarified that vacancies created through these transfers will not be treated as fresh appointments. Instead, such positions will be filled through subsequent transfers in line with established policy.The reshuffle is expected to impact seniority structures across multiple high courts and reflects an administrative move aimed at redistributing judicial capacity nationwide.
ISLAMABAD: The National Judicial Policy Making Committee (NJPMC) has issued national guidelines for the use of Artificial Intelligence (AI) in judicial institutions.According to a statement issued by the Supreme Court of Pakistan, the authority of judges in delivering verdicts will remain unchanged, with AI to be used as a supportive tool.https://www.youtube.com/watch?v=2NW3JqTgRUAThe guidelines aim to improve transparency, efficiency, and overall performance within the judicial system.The statement further clarifies that the guidelines outline key principles, including the prevention of bias, ensuring accountability, maintaining transparency, and safeguarding data protection.It also highlighted the areas where the use of AI tools will be allowed, such as case management, legal research, document handling, as well as predictive analysis and data-driven insights.The statement of the Supreme Court of Pakistan also emphasises capacity-building, stating that judges and court staff will receive specialised training to ensure the responsible use of AI technologies.It added that the national framework will be implemented while preserving the autonomy of all high courts.The Supreme Court also describes the introduction of AI in the judicial system of Pakistan as a milestone.
ISLAMABAD: The National Seed Development and Regulatory Authority (NSDRA) of Pakistan has approved “PATCO Seeds,” an initiative of the Pakistan Agricultural Research Council (PARC), as a Seed Business Enterprise.The decision allows the organisation to produce, process and distribute certified seeds on a commercial scale.This milestone marks a significant step forward in strengthening Pakistan’s seed industry and enhancing the availability of high-quality seeds for farmers across Pakistan.Minister for National Food Security and Research of Pakistan, Rana Tanveer Hussain, stated that the approval of PATCO Seeds as a Seed Business Enterprise is a major step toward transforming Pakistan’s agriculture into a modern, resilient, and competitive sector.He emphasized that the government remains committed to empowering national institutions, including PARC, to deliver innovation directly to farmers and to ensure sustainable food security.PARC has undertaken strategic initiatives to strengthen institutional frameworks, promote public-private partnerships, and facilitate investment in agri-business ventures. These efforts aim to bridge the gap between agricultural research and its commercial application.Officials believe that as a certified Seed Business Enterprise, PATCO Seeds is now well-positioned to play a transformative role in the production, processing, and distribution of certified seeds, contributing to improved crop yields and national food security.Chairman PARC, Dr. Syed Murtaza Hassan Andrabi, welcomed the development and said that the initiative would help bridge the gap between agricultural research and its application at the farm level, ultimately benefiting farmers nationwide.He added that PATCO Seeds will focus on ensuring the commercial availability of high-quality, climate-resilient, and high-yield seed varieties tailored to Pakistan’s diverse agro-ecological zones.The initiative is expected to enhance agricultural productivity, strengthen rural livelihoods, and create new employment opportunities.
KARACHI – April 29, 2026 – The State Bank of Pakistan (SBP) released the official currency rates for Wednesday, showing slight upward pressure on the US Dollar (USD) against the Pakistani Rupee (PKR). Meanwhile, the Kuwaiti Dinar (KWD) continued to trade as the most expensive currency in the interbank market, offering maximum value per unit for remitters. Market participants noted that the rupee's marginal weakening comes amid typical end-of-month corporate demand for dollars and global strength in the greenback.US Dollar (USD) Edges Higher The US Dollar was quoted at Rs. 278.75 for buying and Rs. 280.25 for selling on April 29, 2026 — a slight increase from last week's levels of Rs. 278.25/279.75. The modest uptick reflects renewed import payments and seasonal dollar demand. The USD/PKR pair remains the primary benchmark for trade, remittances, and Pakistan's external account stability. Analysts expect the rupee to remain within a narrow band barring any unforeseen global or domestic developments.UK Pound (GBP) Holds Firm The British Pound Sterling (GBP) was recorded at Rs. 366.50 for buying and Rs. 369.00 for selling, showing resilience despite mixed signals from the UK economy. Remittances from the United Kingdom continue to provide steady support to Pakistan's foreign exchange reserves. The Pound's stability against the Rupee benefits both expatriate senders and local recipients, offering predictability for household budgets.Euro (EUR) Remains Range-Bound The Euro traded at Rs. 320.00 for buying and Rs. 322.50 for selling, largely unchanged from the previous week. The single currency has remained in a tight range against the Rupee as European Central Bank (ECB) policy signals balance against softer Eurozone growth data. Students planning to study in EU countries and travelers heading to Europe will find costs consistent with recent weeks.Canadian Dollar (CAD) Steady on Oil Prices The Canadian Dollar (CAD) was quoted at Rs. 203.00 (buying) and Rs. 205.25 (selling). Supported by stable crude oil prices — a key driver for the commodity-linked Canadian currency — the CAD held its ground against the PKR. With a large number of Pakistani students in Canada, the CAD/PKR rate remains an important indicator for education-related remittances and foreign exchange planning.Middle East Focus: Bahraini Dinar, Kuwaiti Dinar, Omani Riyal Gulf currencies, critical for remittance flows from nearly two million Pakistani expatriates, showed the following rates: Kuwaiti Dinar (KWD): Remained the strongest currency against the Pakistani Rupee, trading at Rs. 908.00 (buying) and Rs. 912.50 (selling) — unchanged from mid-April levels. Bahraini Dinar (BHD): Quoted at Rs. 739.75 (buying) and Rs. 743.25 (selling), holding steady due to its fixed peg to the US Dollar. Omani Riyal (OMR): Recorded at Rs. 723.50 (buying) and Rs. 726.75 (selling). These high exchange rates mean that Pakistani workers in Kuwait, Bahrain, and Oman continue to enjoy strong rupee equivalents on their earnings. The Kuwaiti Dinar, in particular, remains the most valuable currency in the SBP's daily list.Other Currencies at a Glance Among other actively traded currencies, the Australian Dollar (AUD) was listed at Rs. 181.00/183.25, while the Japanese Yen (JPY) remained low at Rs. 1.85/1.92 per unit. The Swiss Franc (CHF) traded at Rs. 327.50/330.00, and the Chinese Yuan (CNY) came in at Rs. 38.25/38.80. The UAE Dirham (AED) and Saudi Riyal (SAR) — both pegged to the US Dollar — stood at Rs. 75.85/76.25 and Rs. 74.30/74.75 respectively. The Qatari Riyal (QAR) was reported at Rs. 76.45/76.95. Disclaimer: These are the interbank rates issued by the State Bank of Pakistan for April 29, 2026. Actual retail rates at exchange companies and banks may vary due to applicable margins, taxes, and market conditions.
ISLAMABAD: Education is essential for the bright future of our children. To support this, the Benazir Income Support Program (BISP) is providing scholarship opportunities to the children of deserving and needy parents.BISP has launched this landmark initiative to meet the demands of the modern era, recognizing that academic excellence is the only way to excel in today’s world.How to Register for BISP ScholarshipsRegistration is simple and can be completed in three easy steps: Visit a Nearby BISP Center: Bring the applicant child/children to your nearest BISP office. You must provide the children’s B-form and the mobile phone number already registered with BISP. The officer will then provide you with an Enrolment Slip. School Verification: Take the Enrolment Slip to the children’s school. Have the school staff duly fill out the required details. Submit the Slip: Return the completed slip to the BISP center for processing. Required Details for the Enrolment SlipTo ensure successful processing, the following details must be accurately filled in: Student’s class grade and section. Class teacher’s name and contact details. Headteacher's name and details. Eligibility and Mandatory Conditions Mother’s Eligibility: The student’s mother must be a registered BISP beneficiary. B-Form: A NADRA-issued B-form for the children is mandatory. 70% Attendance: Students must maintain a minimum of 70% attendance in school to remain eligible for the scholarship. School Changes: If a child changes schools, BISP must be notified immediately to update their records. Scholarship BreakdownAge Requirements Level Age Range Primary 4 to 12 years Secondary 8 to 18 years Higher Secondary 13 to 22 years Quarterly Scholarship Rates (by Gender)The following amounts are disbursed every three months: Education Level Boys (PKR) Girls (PKR) Primary 2,500 3,000 Secondary 3,500 4,000 Higher Secondary 4,500 5,000 Girls will be paid a bonus of Rs 3000 on Completion of Primary Education.
ISLAMABAD: Federal Minister for Information and Broadcasting Attaullah Tarar on Wednesday met Azhar Memon, a highly educated but unemployed young man from Sindh, and assured him of employment support.Azhar Memon, who hails from Khairpur and holds an MBA degree from Institute of Business Administration (IBA) Karachi, recently gained attention after a video highlighting his struggles went viral on social media.The minister shared a video of the meeting on X, in which he invited Azhar to sit in his seat as a gesture of respect. The moment turned emotional, with Azhar visibly overwhelmed. In the video, he expressed gratitude and described the occasion as deeply meaningful.In a statement on X, Tarar said that meeting Azhar Memon, a capable and highly educated young man from Sindh, was an emotional experience.He noted that Azhar’s viral video, in which he spoke about his journey and current hardships, had drawn public attention. The minister said he invited him to Islamabad, encouraged him, and assured him that efforts would be made to arrange suitable employment.Azhar said he completed his MBA in 2003 from IBA Karachi, one of Pakistan’s most prestigious institutions. Despite his strong academic background, he has faced significant life challenges and was compelled to take up modest jobs to sustain himself.[video mp4="https://arynews-1313565080.cos.ap-singapore.myqcloud.com/zip-archives/wp-content/uploads/2026/04/AQPbUElfmUjx34RbXhrYZeujB1eqW0D0GnGQuSRFhvzGV-NnL0w5HFk5uwggx4DcPvmZSPhXjkJoHbh0Y0ts0sj8tFOhsQC1aNZxruHd8A-online-video-cutter.com_.mp4"][/video]The story has sparked mixed reactions on social media. While many users praised the minister’s gesture, others expressed concern over the difficulties faced by qualified individuals like Azhar. Some questioned why such talent had not been recognized earlier, particularly by Sindh government. خیر پور سندھ سے تعلق رکھنے والے انتہائی قابل اور اعلیٰ تعلیم یافتہ نوجوان اظہر میمن سے ملاقات ایک بے حد جذباتی لمحہ تھا۔ گزشتہ دنوں اُن کی ایک ویڈیو سوشل میڈیا پر وائرل ہوئی، جس میں وہ اپنے ماضی سے لے کر آج تک کے مشکل حالات کی کہانی بیان کر رہے تھے، اُنہوں نے کراچی یونیورسٹی سے… pic.twitter.com/vF04LCKNTd — Attaullah Tarar (@TararAttaullah) April 29, 2026
KARACHI: The Iranian rial continues to trade at a significant premium in Pakistan's informal currency markets today, with authenticated quotations from licensed dealer networks in Karachi, Quetta, and Lahore confirming one crore Iranian rials (10,000,000 IRR) is currently exchanging between PKR 8,000 and PKR 10,000.This pricing reflects sustained demand from cross-border trade settlements along the Balochistan-Iran corridor and localized speculative positioning, creating a structural divergence from internationally referenced benchmark rates.Based on verified market data, the informal exchange equivalence stands at approximately 1 PKR = 1,000 IRR, meaning 10 PKR converts to roughly 10,000 IRR and 1,000 PKR equates to approximately 1,000,000 IRR in physical cash transactions. For operational context, the international mid-market benchmark is 1 PKR = 4,721 IRR, indicating the Pakistan open-market premium is approximately 4.7 times the global reference rate.This variance is attributable to informal trade requirements, limited banking channel access for cross-border settlements, and dealer-specific liquidity dynamics. Weekly movement shows the open-market rate for one crore rials has appreciated from a prior range of PKR 6,500–8,500 to the current PKR 8,000–10,000, representing a +15% to +25% weekly increase in informal trading activity.Daily transaction volumes are estimated at $4–6 million equivalent, with primary demand driven by border trade facilitation, remittance flows, and short-term positioning by retail participants.Market participants are advised to verify live rates directly with State Bank of Pakistan-authorized exchange companies or ECAP-member dealers prior to execution, as informal quotations fluctuate intra-day and carry counterparty considerations not present in official channels.Iranian Rial and Pakistani RupeeThe Iranian Rial (IRR) serves as the official currency of the Islamic Republic of Iran. First introduced in 1798, it is overseen by the Central Bank of Iran. The currency has dealt with considerable depreciation pressures stemming from extended international sanctions, elevated inflation, and geopolitical issues, occasionally sparking redenomination considerations.The Pakistani Rupee (PKR) has functioned as Pakistan’s official currency since 1948, issued and supervised by the State Bank of Pakistan. Its performance reflects domestic economic strategies, remittance inflows, trade balances, inflation levels, and geopolitical factors across South Asia.Rates cited are aggregated from publicly available sources and licensed dealer networks as of April 29, 2026; this briefing is for informational purposes only and does not constitute financial advice.
Pakistan Army continued effective and precision strikes under Operation Ghazab lil-Haq along Pak-Afghan border in response to unprovoked aggression by Afghan Taliban and Fitna al-Khawarij.According to security sources, Pakistan Army effectively targeted and destroyed several Afghan Taliban posts and vehicles in Chaman sector with precision. Pak Army's effective operations forced Afghan Taliban and Fitna-al-Khawarij to retreat.The unwavering resolve of the security forces to defend the motherland is ensuring the country's territorial integrity. Five Fitna al Hindustan terrorists killed in Lakki Marwat IBO: ISPR The security sources further said that Pak Army's Operation Ghazab lil-Haq would continue till all set targets are achieved.Earlier, Pakistan security forces neutralized 22 Fitna-al Khawarij during an intelligence-based operation in Khyber district of KP.According to ISPR, security forces, in coordination with law enforcement agencies, carried out an intelligence-based operation in Khyber district following reports of militants’ presence.Troops engaged suspected members of Fitna-al-Khwarij in a prolonged exchange of fire, during which 22 militants were killed. Pakistan Army’s public relations wing further said the militants opened indiscriminate fire during the operation, resulting in the death of a 10-year-old child.Security officials added that weapons and ammunition were recovered from those killed, who were believed to have been involved in a series of attacks in the region.
KARACHI: The Board of Intermediate Education Karachi (BIEK) has claimed that it successfully foiled an attempt to leak a question paper during the ongoing inter exams.According to BIEK Chairman Fakir Muhammad Lakho, the first phase of the annual intermediate examinations began on Wednesday.The exams cover students of classes 11 and 12 across various groups, including Pre-Engineering, Pre-Medical, Science General, Home Economics, Arts (Regular and Private), special candidates, diploma in Physical Education, and grade improvement.He said that more than 160,000 students are participating in the examinations being held at 175 examination centres across the city in morning and evening shifts.For the first time, a digital attendance monitoring system has been introduced to improve transparency and supervision. Additionally, board officials are present inside examination centres during the papers, and a dedicated monitoring application is being used for real-time oversight.Lakho further stated that 21 examination centres have been declared highly sensitive. To ensure fairness, science papers will be conducted using e-marking and OMR systems, while efforts are underway to fully automate the examination system next year.The chairman also confirmed that, due to extreme heat, Rescue 1122 services have been engaged to assist during examinations. Complaint cells have been established at deputy commissioner offices in all districts of the city.He added that the examination process will continue until June 15, 2026. Paper leak attempt Meanwhile, the BIEK spokesperson rejected social media claims regarding a leaked question paper of Intermediate Part-II Botany.The spokesperson clarified that the Botany paper was shared on WhatsApp groups approximately half an hour after the exam began, and therefore it cannot be termed a “paper leak.”Investigations revealed that the paper was sent from a government degree college examination centre in Konkar Village, Gadap, by a girl student using a mobile phone.The board’s control room team identified the examination centre through watermark tracking on the paper and immediately contacted the vigilance officer, Hina Shaikh.The vigilance officer acted promptly, conducted a search of the students, and recovered a mobile phone containing the paper from a girl student.The examination centre administration has prepared a case against the student in accordance with rules and forwarded it to BIEK for further disciplinary action.The board reiterated its zero-tolerance policy against cheating, illegal means, and violations of examination rules, stating that strict action will continue against any such attempts.
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