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PSX crossing 135,000 points reflects business community’s confidence in economy: PM

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ISLAMABAD, Jul 14 (APP): Prime Minister Shehbaz Sharif on Monday expressed pleasure over the Pakistan Stock Exchange crossing a historic level of 135,000 points, saying that it reflected the confidence of the business community in Pakistan’s economy.

The prime minister, in a statement, said that the current positive economic indicators showed the government’s policies moving in the right direction.

He said that providing a conducive environment to the business community was the government’s priority.

Prime Minister Shehbaz said that the country had embarked on the path to economic growth after achieving stability.

He said that the government was working tirelessly for the country’s development and public welfare.

Polio virus found in Mirpur AJK sewerage system: DHO

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MIRPUR (AJK), Jul 14 (APP):Mirpur AJK, District Health Authorities have advised the parents to complete the routine immunization course, including the polio vaccination course of their under-5 children through the routine stipulated polio vaccination drive.
“Yes, the polio virus was detected in Mirpur AJK through sewerage system inspection, since the virus is genetically linked to the virus existing in Lahore, in the wake of the recent environmental inspection primarily to detect the viral disease”, Dr. Fida Hussain, District Health Officer (DHO) Mirpur told APP here.
The DHO said that the people should not be scared of the detection of the polio virus as the polio virus was reportedly detected at about two hundred sites in various parts of the country in the wake of the routine examination and inspection of the sewerage system on environmental grounds, he observed.
Dr. Fida Hussain emphasized that parents should strictly focus on getting the polio vaccination in every campaign for their children under 5 years of age completed through the polio eradication drives conducted in the country, including Azad Jammu and Kashmir, under the World Health Organization calendar.
To a question, the DHO said that the AJK State Health Department was keeping a close watch, monitoring the situation to instantly combat the detection of the polio virus in any part of this lakeside district.

Two dacoits gunned down in encounter

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encounter
KASUR, Jul 14 (APP):The Crime Control Department (CCD) team on Monday killed two robbers in encounter near Nizampura bypass.
The police sources said the dacoits had been identified as  Kamran alias Kami and Pervaiz alias Pappu, adding they were involved in various cases of dacoity in the district.
The police shifted the bodies to District Baba Bullahy Shah Hospital, they added.

Piyass International seeks nationwide ban on shopping bags, silent killer of environment, health

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ISLAMABAD, Jul 14 (APP):In Pakistan, plastic shopping bags have rapidly become a silent killer for human health, soil fertility, marine life, and the atmosphere.
Environmental experts and human rights organizations have repeatedly warned that the toxic chemicals in these bags were directly linked to cancer, infertility, respiratory disorders, and hormonal imbalances, said a press release issued here Monday.
Moreover, these plastics were causing irreversible damage to our air, land, and water ecosystems.
Welcoming the Sindh government’s recent decision to impose a complete ban on plastic shopping bags, Chairman of Piyaas International Human Rights, Rana Imran Latif, urged the federal government to replicate this action at the national level without delay. “Shopping bags are a silent killer, steadily destroying both our future generations’ health and our environment.
Piyass International seeks nationwide ban on shopping bags, silent killer of environment, health
It is high time the government enacts strict national-level legislation against plastic bags and ensures its effective enforcement,” he stated.
Piyaas International warned that without immediate intervention, plastic pollution will soon push major cities in Pakistan towards an environmental catastrophe. The organization called for swift policy measures, institutional accountability, and awareness campaigns to combat this looming threat.

NBP Exchange Rates

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KARACHI, Jul 14 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Monday the following exchange rates.
CURRENCY                            SYMBOL           TT Selling                                 TT Buying
US DOLLAR                              USD              284.85                                     284.35
EURO                                       EUR              332.68                                     332.10
JAPANESE YEN                          JPY               1.9334                                     1.9300
BRITISH POUND                      GBP                383.97                                     383.30
SWISS FRANC                         CHF                357.42                                     356.79
CANADIAN DOLLAR                 CAD                207.99                                     207.62
AUSTRALIAN DOLLAR             AUD                 186.98                                    186.65
SWEDISH KRONA                   SEK                   29.73                                     29.68
NORWEGIAN KRONE              NOK                   28.04                                    27.99
DANISH KRONE                     DKK                   44.58                                   44.51
NEWZEALAND DOLLAR*          NZD                  170.46                                  170.16
SINGAPORE DOLLAR               SGD                  222.36                                   221.97
HONGKONG DOLLAR              HKD                    36.29                                    36.22
KOREAN WON*                     KRW                 0.2067                                    0.2064
CHINESE YUAN                     CNY                    39.72                                    39.65
MALAYSIAN RINGGIT*          MYR                   66.95                                    66.84
THAI BAHT*                        THB                     8.79                                     8.77
U.A.EDIRHAM                      AED                   77.56                                      77.42
SAUDI RIYAL                       SAR                   75.95                                     75.82
QATAR RIYAL*                     QAR                  78.15                                   78.01
KUWAITI DINAR*                KWD                932.62                                   930.98
CONVERSION RATE FOR FROZEN FCY DEPOSITS
USD 284.4189
GBP 384.9041
EUR  332.315
JPY    1.9361

East Kazakhstan to resume train service to Tashkent, Samarkand, Bukhara

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ASTANA, July 14 (Kazinform/APP) : East Kazakhstan governor Nurymbet Saktaganov met with Uzbekistan’s Ambassador to Kazakhstan Bakhtiyor Ibragimov, Kazinform News Agency cites the governor’s press service.
The talks focused on the prospects for further cooperation between East Kazakhstan and Uzbekistan, particularly in the agro-industrial complex and tourism.
As stated there, this year Ust Kamenogorsk will resume train service to Tashkent, Samarkand and Bukhara. To note, direct flights were launched from Ust Kamenogorsk to Uzbekistan.
The sides debated opportunities for delivering nuclear fuel for the future NPP in Uzbekistan and exchanging practices in industrial waste treatment and burial.
The governor said development of joint projects will elevate cooperation between East Kazakhstan and Uzbekistan to a new, strategically important level. As reported earlier, Uzbekistan and Kazakhstan strengthen cooperation in geology.

Currency rates of NBP

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KARACHI, Jul 14 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Monday.
CURRENCY                    SELLING          BUYING
USD                               286.27               283.21
GBP                               385.89               381.34
EUR                               334.35               330.44
JPY                                1.9431               1.9203
SAR                                76.33                  75.43
AED                                77.94                 77.03

US tech companies replaced 94,000 jobs with artificial intelligence

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TASHKENT, July 14 (UzA/APP) : Since the beginning of 2025, major technology companies in the United States have continued to drastically reduce their workforces. According to official statistics, more than 94,000 specialists have lost their jobs due to the widespread introduction of artificial intelligence (AI) and automation technologies.
Experts say that this process is especially noticeable in programming, data analysis, customer service, and even creative industries. Many companies are trying to reduce human resources and provide services faster and cheaper with the help of generative artificial intelligence tools.
For example, some IT giants are switching to advanced technologies such as ChatGPT, Gemini, Copilot to automate coding, document preparation, or customer communication. As a result, tasks that used to be performed by a team are now being performed by AI in a matter of minutes.
Companies also see such changes as a means to increase production efficiency, maintain competitiveness, and reduce costs. However, this trend is criticized by workers and trade unions, who fear that automation will increase social inequality and lead to unemployment of unskilled workers.
Economists believe that this process will continue. As artificial intelligence technologies improve, many traditional positions in the labor market may lose their relevance. At the same time, new opportunities are being created for specialists who can work with new technologies.
International organizations such as the UN and the World Bank are also calling on governments and companies to take proactive measures to retrain and re-skill the workforce.

Foreign exchange rates

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KARACHI, Jul 14 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Monday.
CONVERSION RATES FOR JULY 14, 2025 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS)
SBP SETTLEMENT VALUE DATE JULY 16, 2025
     USD      284.4189
     GBP      384.9041
     EUR      332.3150
     JPY        1.9361

CM Bugti pays tribute to Kashmiri martyrs on Kashmir Martyrs’ Day

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QUETTA, Jul 13 (APP): Chief Minister of Balochistan, Mir Sarfraz Bugti, paid tribute to Kashmiri Martyrs on Kashmir Martyrs’ Day, commemorating the sacrifice of 22 Kashmiris who lost their lives on July 13, 1931, in Srinagar.
 Describing the incident as a defining moment in the Kashmir freedom movement, Bugti emphasized its enduring impact on the struggle for self-determination.
He condemned as he termed decades of Indian state oppression, citing grave human rights violations faced by the Kashmiri people. Bugti praised their resilience, calling it a powerful testament to their commitment to freedom despite enduring tyranny.
Referring to United Nations resolutions, the Chief Minister reiterated that the Kashmiri people’s right to self-determination is recognized at the international level. He criticized India’s continued noncompliance, labeling it a deliberate denial of justice and a prolongation of suffering.
Calling on the global conscience, Bugti urged the United Nations and international human rights organizations to intervene decisively in support of the Kashmiri people. He stressed the need for meaningful action to uphold their legitimate and legally recognized rights.
Reaffirming Pakistan’s unwavering stance, he said, “The people of Pakistan and especially those of Balochistan are stand in heartfelt solidarity with our Kashmiri brothers and sisters. Their courage will not go unnoticed, and their sacrifice will pave the way toward freedom and dignity.”