Latest from Business Recorder


Business Recorder
an hour ago
- Politics
- Business Recorder
Martyrdom anniversary of Hazrat Umar (RA): ASWJ organises major rally
KARACHI: Marking the martyrdom anniversary of the second Caliph of Islam, Hazrat Umar Farooq (RA), Ahle Sunnat Wal Jamaat (ASWJ) organized a major rally titled 'Madah-e-Sahaba (RA) Demand March' from Lasbela Chowk in Karachi, with participants from various walks of life. Leaders of the organization, including ASWJ Pakistan President Allama Aurangzeb Farooqi, Allama Rab Nawaz Hanafi, Syed Muhiuddin Shah, Maulana Abdul Rafi Shah Bukhari, Maulana Umar Muawiya, and others addressed the crowd, calling for official recognition of the day at the state level and a nationwide public holiday in honor of Hazrat Umar (RA). Speaking at the event, Allama Aurangzeb Farooqi said that ASWJ has always promoted unity and peace and that observing the 'Ashra Farooq o Hussain' (Ten Days of Hazrat Umar and Hazrat Hussain) is a symbol of harmony and brotherhood. He expressed disappointment that banners related to these observances were reportedly removed in some areas, alleging administrative involvement. Farooqi urged the government to ensure such actions are not repeated, warning that such moves could lead to unrest. He further said Hazrat Umar Farooq (RA) was a close companion of the Prophet Muhammad (PBUH) and played a pivotal role in the early Islamic state's strength and expansion. 'After the Prophet, had there been a prophet, it would have been Umar,' he quoted from a well-known Hadith. Other speakers emphasized that the legacy of Hazrat Umar (RA), particularly his just and visionary governance, should be promoted widely. ASWJ leaders maintained that for the past 40 years, the group has observed Youm-e-Umar (RA) annually, aiming to enlighten people about his contributions to Islam and justice. The rally ended with a call for the federal government to declare the martyrdom day of Hazrat Umar Farooq (RA) a national holiday and to officially commemorate the occasion, so that future generations can learn from the Caliph's exemplary character and leadership. Copyright Business Recorder, 2025


Business Recorder
an hour ago
- Business
- Business Recorder
Urea sector: Body decides to extend gas supply until Sept 30
ISLAMABAD: The committee constituted by Prime Minister Shehbaz Sharif to ensure stability of urea prices, under the chairmanship of Deputy Prime Minister Ishaq Dar held a meeting on Friday. The committee expressed satisfaction with urea stock levels and price stability, and decided to extend gas supply to the urea sector until 30th September 2025 to ensure continued availability. The meeting was attended by SAPM Tariq Bajwa, Minister for Petroleum, federal secretaries of agriculture and industries, and senior officials. Copyright Business Recorder, 2025


Business Recorder
2 hours ago
- General
- Business Recorder
CM not responsible for every task, departments must act: LHC
LAHORE: The Lahore High Court has observed that it is not the Chief Minister's job to monitor every task personally. The government has provided them resources; hence the departments must take responsibility. The court hoped that the government and its agencies would take effective steps to improve the environment. The court was hearing a set of identical petitions seeking measures to address smog and other environmental issues, particular in the provincial metropolis. The court observed that Nespak should take responsibility for environmental matters and modernize its approach since it has large scale infrastructure projects. The court summoned the head of National Engineering Services Pakistan (Nespak) in person in petitions against smog on July 02. The court also ordered an inquiry into reports of low penalties being imposed for stubble burning. The court noted that 250 motorcycles had been provided but the personnel were not seen actively working on the roads. The court expressed concerns over the absence of visibility of field teams and asked, 'Where are the teams deployed by the Environmental Protection Department (EPD)?' The court also directed the EPD to submit a report on the deployment of its field teams. Commenting on urban development, the court observed that the Central Business District (CBD) had a critical role to play. The court said the CBD planted small trees but the court needed details on how many large trees had been planted. The court also sought a report from a court-formed judicial commission on a petition regarding restoration of the greenbelts in Kasur. The Parks and Horticulture Authority (PHA) and Kasur's district administration also submitted their respective reports. A counsel for the PHA told the court that the greenbelt in Kasur falls under the jurisdiction of district administration and could be restored by them. The court observed that the greenbelt in Kasur could also be restored with the cooperation of local residents. Copyright Business Recorder, 2025


Business Recorder
2 hours ago
- Business
- Business Recorder
HCSTSI team participates in ‘Financing Agreement Signing' ceremony
HYDERABAD: A high-level delegation of Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) participated in the 'Financing Agreement Signing Ceremony' and the event organized in connection with the Global Micro, Small and Medium Enterprises Day (MSMEs Day). The delegation was led by Acting President Ahmed Idrees Chohan, who was invited as the Chief Guest at the prestigious event. The program was organized by the Sindh Agricultural and Forestry Workers Coordinating Organization (SAFWCO) under the Growth for Rural Advancement and Sustainable Progress (GRASP) project, aimed at supporting and financing MSMEs. On this occasion, selected SMEs were awarded grants of Rs. 10 million and Rs. 20 million. While addressing the ceremony, Ahmed Idrees Chohan highlighted that the Global MSMEs Day, observed annually on June 27 under the United Nations, serves as a reminder that small and medium enterprises are the backbone of any economy. In a developing country like Pakistan, MSMEs are key drivers of employment, innovation and economic sustainability. He appreciated the efforts of SAFWCO, GRASP, European Union (EU), International Trade Centre (ITC), Pakistan Poverty Alleviation Fund (PPAF) and other partner institutions for making financial support for SMEs a reality and celebrating the day with full spirit. Copyright Business Recorder, 2025


Business Recorder
2 hours ago
- Politics
- Business Recorder
CM greets nation on new Islamic year
LAHORE: Chief Minister Punjab Maryam Nawaz Sharif said, 'I pray that may the new Islamic year brings a message of peace and security to the Muslim Ummah. The new Islamic year is a messenger of unity and solidarity for the Muslim Ummah. May Allah Almighty makes the new Islamic year 1447 (AH) a year of peace and progress for Pakistan.' In her message on the beginning of Muharram-ul-Haram and the Islamic year, the CM said, 'I pray that may the new Hijri year brings peace, tranquility, prosperity and happiness across the globe. May the new Hijri year becomes a source of blessing for Pakistan, the Pakistani nation and the entire Islamic world.' She highlighted, 'Muharram-ul-Haram also reminds us of the great martyrdom of Hazrat Imam Hussain (RA), the grandson of the Holy Prophet Muhammad (PBUH). The message of Hazrat Imam Hussain (RA) encourages the oppressed of every era and challenges the oppressor.' She urged, 'There should be no differences and divisions in Muharram-ul-Haram and we should adopt tolerance. The Punjab government has made extraordinary arrangements to ensure an atmosphere of peace and security in Muharram-ul-Haram.' She outlined, 'Those who spread hatred and sectarianism on social media will be dealt with an iron hand. The Punjab government has imposed a complete ban on drone coverage in gatherings and processions during Muharram-ul-Haram, stern action will be taken against any violation. We are aware of every nefarious designs and negative tactics of our enemy and we as a nation stand united on every front.' Copyright Business Recorder, 2025