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HCSTSI pays tributes to Armed Forces

HCSTSI pays tributes to Armed Forces

HYDERABAD: President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon, has paid rich tribute to the Pakistan Armed Forces, especially the courageous and highly professional pilots of the Pakistan Air Force, for their exceptional response during the recent escalation with India. Their swift and precise action not only safeguarded the nation but also earned global recognition for Pakistan's military excellence and aerial supremacy.
He reiterated that war has never been Pakistan's first choice. As members of the business community, we have always advocated for peace, regional stability and mutually respectful relations with neighbouring countries, for it is only in such an environment that trade, growth, and prosperity can flourish. However, when aggression is imposed upon us, Pakistan reserves every right to respond decisively.
Referring to the recent conflict, he noted that India used the April 22nd incident in Occupied Kashmir as a pretext to launch 'Operation Sandoor' on May 7th, targeting various regions within Pakistan. But by the grace of Almighty Allah and the iron-willed resolve of the Pakistan Armed Forces, Pakistan launched 'Operation Bunyan al-Marsis' in response neutralizing enemy Rafale jets, drones, and missile systems, and sending a clear message to the world: underestimating Pakistan is a grave miscalculation.
HCSTSI President also extended his appreciation to Prime Minister Mian Shahbaz Sharif, Deputy Prime Minister Ishaq Dar, and the military leadership for their resolute and visionary strategy, which compelled India to seek a ceasefire through global intermediaries. The leadership's message was clear: Pakistan stands for peace, but with dignity and honour.
He emphasized that the recent developments have highlighted the importance of not only a robust defense but also a stable economy and technological advancement for national resilience. 'This is the time for national renewal and commitment. Just as we stood united with our armed forces, we must now unite for the progress, self-reliance, and economic development of our beloved nation, setting aside all political and social differences,' he said.
President paid heartfelt tribute to Dr. Abdul Qadeer Khan, the father of Pakistan's nuclear program, stating that the country's strategic capability under his leadership remains the strongest pillar of our national defense today.
He further added that Pakistan's traders and industrialists have a vested interest in peace and stability, as these are essential for employment, investment, and national revenue. However, whenever the country faces threats, the business community stands firmly behind the Armed Forces like a frontline unit.
Copyright Business Recorder, 2025

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Prices of essential kitchen items show rising trend: BR survey
Prices of essential kitchen items show rising trend: BR survey

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Prices of essential kitchen items show rising trend: BR survey

ISLAMABAD: The prices of essential kitchen items have witnessed an increasing trend during this week past against the previous week, revealed a survey carried out by Business Recorder (BR), here on Saturday. The survey observed a reduction in chicken prices from Rs15,000 to Rs10,400 per 40kg in the wholesale market, which in retail is being sold at Rs290 against Rs310 per kg and chicken meat price reduced from Rs530 to Rs500 per kg. Eggs' price went down from Rs9,000 to Rs7,000 per carton of 30 dozen which in retail is being sold in the range of Rs290-295 against Rs315-320 per dozen. Sugar price remained stable at Rs8,650 per 50 kg bag in the wholesale market, while in retail it is being sold at Rs180/190 per kg. Mutton and beef prices remained stable as normal quality mutton was available at Rs2,200 per kg, normal quality boneless beef at Rs1,400 per kg, and normal beef at Rs1,100 per kg. Various varieties of fishes are available in the range of Rs500 to Rs900 per kg. Interestingly, this time around the budget, contrary to the past there was no trend of upward fluctuations witnessed in the prices of soft drinks, cooking oil/ghee and cigarettes like daily use items. Wheat flour price remained steady as the best quality wheat flour ex-mill per 15kg bag price is available at Rs1,130 which in retail is being sold at Rs1,180 per 15kg bag and normal quality wheat flour per 15kg bag is available at Rs1,050 which in retail is being sold at Rs1,100 per bag. After a significant reduction of Rs1,400 per 15 kg bag in wheat flour price over the past one year. The tandoor owners in some parts of the twin cities started reducing the roti, naan and paratha prices as in some parts of the federal capital roti is available at Rs16 against Rs20, naan at Rs20 against Rs25 and paratha at Rs45 against Rs50. However, the bakers have not reduced the biscuit, bread and confectionery prices, which they had increased manifold after 2020 corona virus crisis, citing increase in ghee/cooking oil, and wheat flour prices. The prices of cooked food items remained stable as a cooked daal/vegetable plate at a normal hotel is available at Rs320, cooked beef plate at Rs550, cooked chicken plate at Rs500, cooked mutton at Rs750 and naan/roti is being sold at Rs25/30. No changes were witnessed in tea prices, as Lipton Yellow Label is available at Rs2,200 per 900 grams pack and Islamabad Tea is available at Rs1,800 per kg; normal quality turmeric powder is available at Rs600 against Rs700 per kg and normal quality red chilli powder at Rs800 against Rs900 per kg. 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Ghee/cooking oil prices remained stable as B-grade ghee/oil is available at Rs6,000 per carton of 16 packs in the wholesale market, which in retail is being sold at Rs460 per pack of 900 grams, while best quality cooking oil/ghee brands such as Dalda ghee price remained stable at Rs2,720 per 5kg tin and cooking at Rs2,720 per 5-litre bottle. Prices of packed milk brands such as Milk Pak and Olpers in the wholesale market remained stable at Rs2,250 per carton while in retail 250ml packed milk is being sold at Rs90. Fresh milk prices in some parts of the twin cities are being sold at Rs220 per kg while in some parts is still being sold at Rs230 per kg and yogurt price is stable at Rs250 per kg. No changes were observed in the prices of powder milk such as Nido and Lactogen as 400gram Nido powder milk is available at Rs1,320 and 200gram pack at Rs700 per pack. 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Okra price went up from Rs120 to Rs130 per 5kg in wholesale market which in retail is being sold at Rs50-60 per kg, Bitter gourd price is stable at Rs250 per 5kg which in retail is being sold in the range of Rs65-75 per kg, green chilli price went up from Rs250-350 to Rs300-400 per 5kg in the wholesale market which in retail are being sold in the range of Rs100-130 against Rs90-100 per kg, beetroot price went up from Rs225 to Rs250 per 5kg which in retail is being sold at Rs70-75 against Rs60-70 per kg, local carrot price is stable at Rs150 per 5kg which in retail is being sold at Rs50-55 per kg and cucumber price went up from Rs170 to Rs225 per 5kg, which in retail is being sold at Rs65-75 against Rs50-55 per kg. 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