Pilgrims arrive in Pakistan from India to mark death anniversary of Sikh empire’s first emperor 

Sikh pilgrims from India arrive at the Gurdwara Panja Sahib shrine in the Pakistani city of Hassan Abdal to attend events marking the 185th death anniversary of Ranjit Singh on June 23, 2024. (Photo courtesy: Radio Pakistan)
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Updated 23 June 2024
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Pilgrims arrive in Pakistan from India to mark death anniversary of Sikh empire’s first emperor 

  • Ranjit Singh was first Maharaja of Sikh Empire, which ruled northwest Indian subcontinent in 19th century
  • Death anniversary rituals will be centered around the famed Gurdwara Panja Sahib in Hasan Abdal city

ISLAMABAD: Around 447 Sikh pilgrims from India have arrived at the famed Gurdwara Panja Sahib shrine in the Pakistani city of Hassan Abdal to attend events marking the 185th death anniversary of Ranjit Singh, the first Maharaja of the Sikh Empire, state media reported on Sunday.

Sikhs are a small minority mostly based in the Punjab region that is divided between Muslim-majority Pakistan and Hindu-majority India, but several key Sikh holy sites are in Pakistan, including the famed Gurdwara Panja Sahib, some 45 kilometers northwest of Islamabad. The shrine is one of Sikhism’s holiest sites and it is believed that the handprint of the founder of the religion, Guru Nanak, is imprinted on a boulder there.

Nanak was born in what is now called Nankana Sahib in present-day Pakistan. Ranjit Singh, popularly known as Sher-e-Punjab or “Lion of Punjab,” was the first Maharaja of the Sikh Empire, which ruled the northwest Indian subcontinent in the early half of the 19th century.

“As many as 447 Indian Sikh pilgrims have arrived at the Gurdwara Punja Sahib in Hassan Abdal to participate in rituals in connection with the 185th death anniversary of Maharaja Ranjit Singh,” Radio Pakistan said on Sunday. 

The pilgrims were welcomed by officials of the Pakistan Sikh Gurdwara Parbandhak Committee as well as the Evacuee Trust Property Board (ETPB), a key government department that administers evacuee properties, including educational, charitable or religious trusts left behind by Hindus and Sikhs who migrated to India after partition.

Group leader Sardar Khushwint Singh thanked the government for allowing a large number of Sikh pilgrims to visit religious sites in Pakistan, the report said.

The Sikh pilgrims arrived in Pakistan by foot on Friday through the Wagha Border, according to the ETPB, where they were welcomed by Additional Secretary Shrines Saif Ullah Khokhar, along with the head of the Pakistan Sikh Gurdwara Parbandhak Committee, Sardar Ramesh Singh Arora, who is also the provincial minister for minority affairs. 

Khokhar told media the pilgrims would be provided free accommodation, meals, transportation and medical facilities during their stay in Pakistan. 

“After completing immigration and customs formalities, the sikh pilgrims departed for Gurdwara Panja Sahib on special buses,” the ETPB said. “The main ceremony for Maharaja Ranjit Singh’s death anniversary will be held on June 29 at Gurdwara Dera Sahib in Lahore.”

Pakistan’s government has taken significant steps in recent years to make Sikh holy sites more accessible to devout Sikhs, particularly those from India. In 2019, Pakistan established the Kartarpur Corridor, a visa-free border crossing and religious corridor that devotees from India can use to visit a famous gurdwara in Kartarpur, 4.7 kilometers from the India-Pakistan border on the Pakistani side.


Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

Updated 01 January 2026
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Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

  • Pakistani financial analyst attributes surge to falling inflation, investors expecting further policy rate cuts
  • Pakistan’s finance ministry said Thursday that inflation had slowed to 5.6 percent year-on-year in December 

KARACHI: Pakistani stocks continued their bullish run on Thursday, breaching the 176,000 points barrier for the first time after trading ended, with analysts attributing the surge to investors expecting further cuts in the policy rate. 

The KSE-100 benchmark gained 2,301.17 points at close of business on Thursday, marking an increase of 1.32 percent to settle at 176,355.49 points. 

Pakistan’s central bank cut its key policy rate by 50 basis points to 10.5 percent last ‌month, breaking a four-meeting ‌hold in a move ‌that ⁠surprised ​markets. Pakistan’s consumer price inflation slowed to 5.6 percent year-on-year in December, while prices fell on a monthly basis as per data from the finance ministry. 

“Upbeat data for consumer price index (CPI) inflation at 5.6pc in December 2025 [with] investors expecting a further State Bank of Pakistan rate cuts on falling inflation data,” Ahsan Mehanti, CEO of Arif Habib Commodities Ltd., told Arab News. 

The stock market witnessed a trading volume of 1,402.650 million shares, with a traded value of Rs48.424 billion ($173 million), compared with 957.239 million shares valued at Rs44.231 billion ($158 million) during the previous session.

Topline Securities, a leading brokerage firm in Pakistan, credited the surge to strong buying at the first session.

“This positivity can be accredited to buying by local institutions on the start of the new calendar year,” it said. 

Pakistan’s Finance Adviser Khurram Schehzad highlighted that the bullish trend at the stock market reflected “strong investor confidence.”

“With lower inflation, affordable fuel, stronger reserves, rising digitization and a buoyant capital market, Pakistan’s economic outlook is clearly improving--supporting greater confidence, better investment sentiment and more positive momentum for 2026,” he said on social media platform X.