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PM Shehbaz expresses satisfaction as KSE-100 crosses 145,000 points mark

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ISLAMABAD, Aug 06 (APP): Prime Minister Muhammad Shehbaz Sharif on Wednesday expressed deep satisfaction over the performance of the Pakistan Stock Exchange (PSX), as the benchmark KSE-100 Index surged past the historic 145,000-point milestone.

In a statement issued by the Prime Minister’s Office, Shehbaz Sharif said the bullish trend in the stock market is a strong reflection of investor confidence in the government’s economic policies.

“The recent upward momentum in the stock exchange indicates growing trust in the government’s direction and commitment to economic stability,” said the Prime Minister. He emphasized that facilitating business and investment remains among the government’s top priorities.

PM Shehbaz pointed out that improvements in the Federal Board of Revenue (FBR) have streamlined the tax system and provided relief to the business community. “Reforms in FBR have not only strengthened the tax structure but have also made it more business-friendly,” he said.

“Alhamdulillah, Pakistan’s economic trajectory is improving, and we are steadily moving toward sustainable growth,” the Prime Minister said.

Establishment of 8 illegal housing schemes stopped

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FAISALABAD, Aug 06 (APP):The Faisalabad Development Authority (FDA) enforcement team has thwarted the establishment of eight illegal housing schemes and Katchi Abadies in Dijkot area by demolishing their infrastructure.
An FDA spokesman said here on Wednesday that a team discovered that some developers were attempting to establish housing schemes and four Katchi Abadies in Chak No.262-RB and Chak No.263-RB under the names of Gulshan-e-Habib, New Gulberg, Hidayat Town and Ali Garden.
The FDA team took decisive action and demolished roads, boundary walls and other structures. Director Town Planning Asma Mohsin and Estate Officer Aneeb Aslam Randhawa supervised the operation, he added.
He said that the developers have also been warned to fulfill all legal requirements and departmental conditions to get official approval for their housing schemes. In case of failure to comply could lead to further legal action including criminal proceedings against the offenders, he added.
He also advised the public to verify legal status of any housing scheme before purchasing a plot or making an investment to avoid future difficulties and complications.

4,098 proclaimed offenders among 13,953 ‘criminals’ arrested in 2025

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FAISALABAD, Aug 06 (APP):The police have arrested 13,953 alleged criminals including 4,098 proclaimed offenders (POs) from various parts of Faisalabad during current year 2025.
A police spokesman said here on Wednesday that under the proactive leadership of City Police Officer (CPO) Sahibzada Bilal Umar, the police have intensified crackdown on criminals and arrested 4,098 proclaimed offenders including 1,483 POs of category-A. This drive has led to a remarkable decrease in major crimes across the district, he added. He said that 100pc of kidnapping-for-ransom cases and terrorism-related FIRs registered this year were successfully traced and all accused were apprehended.
He said that arrests in robbery cases increased by over 33pc as compared to last year data whereas 174 murder accused involved in long-pending cases were also nabbed which reflected 28% increase.
He said that 157 murder cases were traced and 307 accused were captured which showed 37% improvement over the previous year. Similarly, 21 blind murder cases were also solved successfully and 44 accused arrested. This number is 22% higher than last year data in this category, he added.
He said that Rescue 15 data analysis also indicated 27% overall reduction in crime rate. There was a 100% resolution in 7-ATA murder cases, 61% decline was witnessed in robbery, 29% in general theft, 62% in vehicle snatching, 40% in car snatching, 28% in motorcycle snatching, and 11% drop in snatching incidents, he added.
He said that in targeted operations, 240 criminal gangs were dismantled and 627 gang members were arrested during current year. These operations yielded recoveries worth Rs.229.224 million from gang members while total recoveries in property-related cases amounted to Rs.682.123 million, he added.
He said that the police registered 567 cases related to gambling and arrested 1,822 accused in addition to seizing over Rs.4.8 million along with playing-cards, betting slips and other gambling paraphernalia.
He said that anti-narcotics operations also were intensified which resulted in 2,891 FIRs and seizure of 951 kilograms (kg) Charas, 240 kg Heroin (89% more than last year), 57 kg crystal meth ICE (71% more) and 1,782 kg Bhang (90% more).,
Similarly, 2,496 cases were registered against illegal weapon holders during 2025 and the police arrested 2,534 accused arrested along with 80 Kalashnikovs, 139 rifles, 2,446 other firearms and a large number of bullets. Similarly, the action against violations of the Tenancy Act also surged with registration of 1,456 cases and this number is 92% higher than the previous year data, he added.
He said that CPO Sahibzada Bilal Umar’s robust strategy has not only strengthened the district’s security framework but also led to landmark achievements including the revival of the Criminal Record Branch, establishment of a new police station at the airport and several other policing projects under consideration.
He said that the implementation of strategic patrols, deployment of Dolphin and Elite Force squads and improved monitoring at the police station, circle and town levels have played a crucial role in reducing crime.
The CPO had strictly directed every police officer to remain committed to confronting crime with courage as protection of citizens is top priority of the police, he added.

DC inaugurates PERA office in Lodhran

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LODHRAN, Aug 06 (APP):Deputy Commissioner Dr Lubna Nazir, accompanied by District Police Officer Capt (retd) Ali Bin Tariq, inaugurated the central office of the Punjab Enforcement Regulatory Authority (PERA) in Lodhran.
The inaugural ceremony was attended by Additional Deputy Commissioner Revenue (ADCR) Syed Waseem Hassan, Assistant Commissioner Lodhran Iram Shehzadi, Assistant Commissioner Dunyapur Ghulam Mustafa Jutt, and Sub-Divisional Enforcement officer (PERA) Mazhar Abbas Raan.
Addressing the ceremony, DC Dr Lubna Nazir stated that the establishment of PERA would play a vital role in effective price control, removal of encroachments from markets and streets, and ensuring a safer environment for women. She stated that the steps taken by the district administration to eliminate encroachments have not only improved traffic flow but also boosted business activity for local shopkeepers. “PERA will offer an integrated, systematic, and modern mechanism to resolve public issues in a sustainable manner,” she added.
District Police Officer (DPO) Ali Bin Tariq reaffirmed full police support for the PERA force, highlighting its significance in strengthening local law enforcement and governance.
Dr. Lubna Nazir further said that under the leadership of Chief Minister Punjab Maryam Nawaz Sharif, the government has taken a major step to combat inflation, hoarding, and illegal land occupation. “The initiative aimed to avert the public from exploitative elements and ensure the rule of law in every street, market, and neighborhood,” she said.
She also announced that PERA stations were being established in all three tehsils of Lodhran district. These stations will be equipped with modern digital tools, official vehicles, and essential facilities. A Sub-Divisional Enforcement Officer has already been appointed, along with three Enforcement Officers, two Investigation Officers, and 51 police constables to support the operations.
At the end, Dr. Lubna Nazir distributed laptops among PERA personnel.

PSX hits new milestone, surges 2,051 points to record 145,088

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ISLAMABAD, Aug 6 (APP):The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index continued with bullish trend on Wednesday, gaining 2,051.33 more points, a positive of 1.43 percent, hitting new mile stone by reaching 145,088.50 points against 143,037.17 points last trading day.
A total of 788,463,721 shares were traded during the day as compared to 549,719,494 shares the previous trading day, whereas the price of shares stood at Rs 52.780 billion against Rs 37.040 billion on the last trading day.
As many as 484 companies transacted their shares in the stock market, 264 of them recorded gains and 192 sustained losses, whereas the share price of 28 companies remained unchanged.
The three top trading companies were Bank of Punjab with 67,554,764 shares at Rs 14.24 per share, National Bank XD with 49,133,499 shares at Rs139.22 per share and First Dawood Prop with 44,652,962 shares at Rs 7.04 per share.
PIA Holding Company Limited witnessed a maximum increase of Rs 1,419.87 per share price, closing at Rs 30,935.90, whereas the runner-up was Nestle Pakistan Limited with Rs869.83 rise in its per share price to Rs 9,568.15.
Unilever Pakistan Foods Limited witnessed a maximum decrease of Rs321.66 per share closing at Rs 33,092.14 followed by Ismail Industries Limited with Rs49.04 decline in its share price to close at Rs2,130.99.

2-member car & bike lifters gang busted

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RAWALPINDI, Aug 06 (APP):The New Town Police on Wednesday busted a two-member gang involved in car and bike lifting.
A stolen Corolla car worth hundreds of thousands of rupees, five motorcycles and motorcycle parts were recovered from the arrested gang, the Rawalpindi Police spokesman said.
Superintendent of Police Rawal Muhammad Haseeb Raja appreciated the New Town for busting a car lifters’ gang.

HBL, SEDF sign MoU to provide subsidized loans to SMEs

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KARACHI, Aug 06 (APP):Habib Bank Limited (HBL) and Sindh Enterprise Development Fund (SEDF) signed a MoU here on Wednesday to provide subsidized loans to small and medium enterprises (SMEs) across the province.
Under this agreement, HBL and SEDF will collaborate to design and implement a comprehensive financial infrastructure that will provide both secured and unsecured subsidized loans to Small and Medium Enterprises (SMEs) in the province.
Special Assistant to Chief Minister (CM) Sindh on Investment and Public-Private Partnership, Syed Qasim Naveed Qamar, while welcoming the agreement, said that the agreement will enable sustainable business growth, job creation and economic development across the province.
He said this partnership is an excellent step to enhance the true potential of the SME sector of Sindh and we firmly believe that such strategic cooperation will not only promote small and medium enterprises but also enable the economic development of the province and It will also create employment opportunities based on self-reliance.
President and CEO, HBL Muhammad Nasir Saleem, said that HBL is committed to promoting small and medium enterprises.
SEDF Chief Executive Officer Khizar Pervez said the MoU with HBL is a significant step towards facilitating access to capital for Small and Medium Enterprises (SMEs) in Sindh, which will help in accelerating inclusive economic
growth.

Chief Secretary reviews governance progress

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PESHAWAR, Aug 06 (APP):Chief Secretary Khyber Pakhtunkhwa (KP) Shahab Ali Shah chaired a weekly review meeting on governance affairs, assessing key developments in e-governance, tourism infrastructure, and price control mechanisms.
The provincial government has successfully implemented the e-Summaries system under the e-Office framework. Officials reported that between July 1 and August 1, a total of 302 e-Summaries from 30 departments were submitted. In the past week alone, 16 departments forwarded 54 summaries to senior authorities. To streamline operations, 35 departments have completed training on the e-Office system, enhancing administrative efficiency.
The Tourism Department presented updates on sanitation improvements at hospitality establishments. Since May 2025, 424 out of 663 hotels and restaurants have upgraded their drainage and sewage systems. These measures are part of broader efforts to promote sustainable tourism and environmental conservation at key tourist destinations.
The meeting also reviewed price fluctuations in essential food items, including flour, ghee, pulses, potatoes, onions, tomatoes, and sugar. Authorities identified districts with significant gaps between wholesale and retail prices and directed local administrations to take corrective action to stabilize the market.
Chief Secretary emphasized the need for transparency, efficiency, and public welfare in governance, urging all departments to expedite digitization and service delivery reforms.

ACS South Punjab honors distinguished students

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BAHAWALPUR, Aug 06 (APP):Additional Chief Secretary South Punjab, Fuad Hashim Rabbani, extended a special invitation to two distinguished students from the Multan Board, Haroon Hamid and Hafiz Abdullah, who excelled in the matriculation examinations.
The students visited the South Punjab Secretariat here on Tuesday to celebrate their remarkable achievements. Haroon Hamid achieved a remarkable score of 1193 marks, not only securing the top position in the Multan Board but also earning the highest marks across all educational boards in Punjab province. Hafiz Abdullah secured third position in the Multan Education Board. Both students are proud residents of Tehsil Dunyapur.
Upon their arrival, Additional Chief Secretary Fuad Hashim Rabbani warmly welcomed the students, presenting them with bouquets.
A ceremonial guard of honor, comprising a smartly turned-out police band, paid tribute through national songs and a ceremonial salute, adding a touch of grandeur to the occasion.
In his address, the Additional Chief Secretary remarked, “Talented students like Haroon Hamid and Hafiz Abdullah are the pride of South Punjab. These young individuals are destined to become shining stars of Pakistan. The brilliance of our students is a true asset to our nation, and their achievements are a strong indicator of a bright and prosperous future. The South Punjab Secretariat is dedicated to nurturing emerging talent across all fields and will continue to support and encourage young achievers at every level.”
As a token of appreciation for their outstanding performance, the Additional Chief Secretary also awarded both students cash prizes. The event was attended by Haroon Hamid’s father, Hamid Ali Sharif; Hafiz Abdullah’s father, Khurshid Alam; and Aftab Pirzada, the Special Secretary of C&W.
The remarkable visit not only highlights the academic excellence of students from South Punjab but also emphasizes the government’s commitment to fostering talent and encouraging youth to reach new heights.

Markets flooded with colours of patriotism as nation prepares to celebrate Independence Day

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ISLAMABAD, Aug 6 (APP):As the 14th August approaches, markets across the country are flooded with the colours of patriotism, particularly green and white, reflecting the national flag.
Citizens enthusiastically purchase flags, bunting, clothing, and various other accessories adorned with green and white.
The federal capital has donned the colours of patriotism, as every street corner, market, and landmark begins to echo the spirit of August 14.
From Aabpara Market’s tightly packed stalls to the vibrant lanes of F-10 Markaz, vendors have set up shop under canopies of green and white buntings. National flags of every size flutter in the monsoon breeze, while counters brim with patriotic badges, caps, balloons, and shirts emblazoned with the crescent and star. Shopkeepers say demand has surged over the past few days, with families and schoolchildren leading the charge to stock up on Independence Day accessories.
“We start preparing a month in advance,” said Muhammad Saleem, a flag seller in Aabpara Market. “But this last week is when business really picks up—people want the biggest flags, the brightest lights, and the loudest music for August 14.”
The preparations are not limited to the markets only. Along major roads like Constitution Avenue, Srinagar Highway,  labourers can be seen hoisting giant flags atop government buildings, their silhouettes framed against a sky heavy with August clouds. Electricians work late into the evening, stringing up thousands of fairy lights on key landmarks including the Pakistan Monument, Faisal Mosque, D-Chowk, and the Parliament House. On the night of August 13, these illuminations will transform the capital into a glittering panorama of national pride.
For many residents, the excitement is rooted in tradition. “Every year, we come here to buy flags for our rooftop and dresses for the children,” said Ahmed Raza, a father of three, while shopping at Aabpara Market. “This week is all about preparing for the big day—it brings the whole family together.”
This year’s Independence Day holds special significance in light of the recent success of Operation Bunyan ul Marsoos, when  Armed Forces defeated the enemy’s nefarious designs and proved that Pakistan’s defense was invisible.
Citizens and officials alike say the operation’s achievements have revived a sense of unity and pride that recalls the earliest days of freedom. “Seventy-eight years later, in 2025, we are witnessing the same spirit that was seen in 1947,” said Fatima Malik, a university student in Super Market. “The peace we enjoy today has been hard-earned, and that makes our celebrations even more meaningful.”
The Capital Development Authority, in collaboration with cultural and educational institutions, has lined up a full week of activities including flag-hoisting ceremonies, folk dance performances, art exhibitions, and special shows narrating the country’s history and sacrifices since 1947. School assemblies and community parades are also planned, ensuring participation from citizens of all ages.
With the countdown now in its final stretch, Islamabad is bracing for a week of colour, music and unity culminating in the grand celebrations of August 14, made even prouder by the nation’s recent triumphs in safeguarding peace.