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Published 18 Oct, 2024 06:10am

Failure to sign BSPs, finalise OPMs: Nepra issues show-cause notices to CPPA-G, NTDC

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has issued show cause notices to Central Power...

Global energy price variations pose risks: SBP projects 2.5-3.5pc growth

Published 18 Oct, 2024 06:10am

First review of IMF commitments: MoF evaluates progress across ministries concerned

Published 18 Oct, 2024 06:10am

GST fraud allegations: Leading cos’ CFOs go into hiding

Published 18 Oct, 2024 06:10am

Macroeconomy: Structural challenges persist: SBP

Published 18 Oct, 2024 06:10am

Islamabad striving for 13.5pc tax-to-GDP ratio, US told

Published 18 Oct, 2024 06:10am

SC orders transfer of Dam funds to federal govt’s Public Account

Published 18 Oct, 2024 06:10am

Aug LSM output up 4.68pc MoM

Published 18 Oct, 2024 06:10am

Forex reserves up $64m to $16.11bn

Published 18 Oct, 2024 06:10am

Nawaz tells Indian journalists: Jaishankar’s visit could be start of normalising ties with India

Published 18 Oct, 2024 06:10am

Tax returns filed by CFOs: FBR lifts affidavit filing condition

Published 18 Oct, 2024 06:10am

Must Read

Editorials

Termination of contracts with IPPs

Opinion

Electricity market stuck in limbo

Technology

GITEX GLOBAL: Dubai looks to join league of ‘smart cities’

BR Research

Petroleum Levy target: A Rs215 billion cut

World

Yahya Sinwar, the Hamas leader committed to eradicating Israel

BR Research

Cement’s bag of magic tricks

Business & Finance

From ‘small village’ to humanoid teachers, hugging robots: GITEX GLOBAL highlights Dubai’s rise

Editorials

Govt debt hits ‘all time high’

Opinion

Net metering: Balancing the scales—I

Editorials

IMF’s reputational risks

Opinion

When trust goes down…

PM Shehbaz hosts banquet for govt and allied party senators

Recorder headlines

PPP’s Zardari, Bilawal reach Jati Umra to meet PML-N chief Nawaz Sharif

SCO summit in Pakistan: state dignitaries sign outcome documents at conclusion

At SCO CHG, PM Shehbaz raises genocide against Palestinians, calls for ceasefire

Budget 2024-25: income tax calculator for FY25

NJLI Sarmaya Growth Fund Rates

Curbs on workers, experts’ movement: Slowdown hits Dasu hydropower project work: World Bank

FBR’s ‘speed money scheme’ exposed by Langrial

Termination of contracts with IPPs

KEL governance issues prompt Al-Jomaih to move SECP

Q1FY25: Govt pays off Rs1.2trn domestic debt

Solar gains, grid pains

Alleged rape incident a fabricated story, insists Punjab CM

Jaishankar wraps up rare visit, heaps praise on hospitality

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 17	277.85
USD PKR Interbank Buying / Oct 17	277.65
USD to Japanese Yen / Oct 17	149.75
USD to Swiss Franc / Oct 17	0.87
Pound Sterling to USD / Oct 17	1.30
Euro to USD / Oct 17	1.09

Stock	Volume
S&P 500 / Oct 16	5,842.47
Nasdaq / Oct 16	18,367.08
Dow Jones / Oct 16	43,077.70
India Sensex / Oct 17	81,029.70
Tokyo Nikkei / Oct 17	38,911.19
Hang Seng / Oct 17	20,079.10
FTSE 100 / Oct 17	8,325.96
Germany DAX 30 / Oct 17	19,546.86

Item	Value
Crude Oil USD/Barrel / Oct 17	70.23
Karachi Cotton PKR/37.32 KG / Oct 17	18,085
Gold 10 Grams PKR / Oct 17	238,254
Gold Spot USD/Ounce / Oct 17	2,682.78
Cotton US¢/pound / Oct 17	70.58
Petrol/Litre / Oct 18	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00

Markets →

PM Shehbaz hosts banquet for govt and allied party senators

Recorder headlines

PPP’s Zardari, Bilawal reach Jati Umra to meet PML-N chief Nawaz Sharif

SCO summit in Pakistan: state dignitaries sign outcome documents at conclusion

At SCO CHG, PM Shehbaz raises genocide against Palestinians, calls for ceasefire

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 17	277.85
USD PKR Interbank Buying / Oct 17	277.65
USD to Japanese Yen / Oct 17	149.75
USD to Swiss Franc / Oct 17	0.87
Pound Sterling to USD / Oct 17	1.30
Euro to USD / Oct 17	1.09

Stock	Volume
S&P 500 / Oct 16	5,842.47
Nasdaq / Oct 16	18,367.08
Dow Jones / Oct 16	43,077.70
India Sensex / Oct 17	81,029.70
Tokyo Nikkei / Oct 17	38,911.19
Hang Seng / Oct 17	20,079.10
FTSE 100 / Oct 17	8,325.96
Germany DAX 30 / Oct 17	19,546.86

Item	Value
Crude Oil USD/Barrel / Oct 17	70.23
Karachi Cotton PKR/37.32 KG / Oct 17	18,085
Gold 10 Grams PKR / Oct 17	238,254
Gold Spot USD/Ounce / Oct 17	2,682.78
Cotton US¢/pound / Oct 17	70.58
Petrol/Litre / Oct 18	247.03

NJLI Sarmaya Growth Fund Rates

Curbs on workers, experts’ movement: Slowdown hits Dasu hydropower project work: World Bank

FBR’s ‘speed money scheme’ exposed by Langrial

Termination of contracts with IPPs

KEL governance issues prompt Al-Jomaih to move SECP

Q1FY25: Govt pays off Rs1.2trn domestic debt

Solar gains, grid pains

Alleged rape incident a fabricated story, insists Punjab CM

Jaishankar wraps up rare visit, heaps praise on hospitality

Business & Finance

2024-10-18-03-22

Mega Motor inks agreement: BYD vehicles to enter Pakistan

KARACHI: Mega Motor Company, an associated company of The Hub Power Company Limited, has entered into a Master ... Published 18 Oct, 2024 06:10am

BR Research

Petroleum Levy target: A Rs215 billion cut

The IMF Article IV Report detailing the contours of Pakistan’s latest Extended Financing Facility (EFF) is finally...

Published 17 Oct, 2024 06:33am

2024-10-18-02-46

Minister for tax reforms to promote business growth

LAHORE: Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman noted the disparities in the tax burden, saying that... Published 18 Oct, 2024 06:10am

2024-10-18-02-22

One out of every three companies encounters regular network problems

ISLAMABAD: A survey of industrial companies revealed that one out of every three companies encounter regular network... Published 18 Oct, 2024 06:10am

BR Research

Cement’s bag of magic tricks

If there is one lesson that Pakistani companies could learn from the cement business, it is how to make money in a...

Published 17 Oct, 2024 06:28am

2024-10-18-02-22

‘Balanced, transparent, business supportive sales tax system is a must’

FAISALABAD: A balanced, transparent, compliant and business supportive sales tax system is imperative and FBR as ... Published 18 Oct, 2024 06:10am

2024-10-18-03-22

Pakistan all set to export donkey meat, hides to China

ISLAMABAD: Pakistan is all set to export donkey meat and hides to China as the two countries have signed a protocol... Published 18 Oct, 2024 06:10am

2024-10-18-02-22

Key challenges: APTMA seeks Finance Minister’s help

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has sought Finance Minister’s support in resolution of... Published 18 Oct, 2024 06:10am

Stocks

KSE-100 loses 620 points on profit-taking, closes below 86,000

After hitting a record high in the previous session, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index... Published 17 Oct, 2024 08:38pm

Forex

SBP-held foreign exchange reserves surpass $11bn after more than 2 years

On weekly basis, dollar stockpile increases $215 million

Updated 17 Oct, 2024 09:09pm

BR Research

Good Luck Industries Limited

Good Luck Industries Limited (PSX: GIL) was incorporated in Pakistan as a public limited company in 1967. The...

Published 17 Oct, 2024 06:14am

BR Research

Solar gains, grid pains

The standard for policymaking is to establish clearly defined short, medium, and long-term goals. Unfortunately,...

Published 16 Oct, 2024 09:49am

BR Research

EPQL in 9MCY24

Engro Powergen Qadirpur Limited (PSX: EPQL) recently announced its financial results for the third quarter of the...

Published 16 Oct, 2024 09:31am

BR Research

Airlink Communication Limited

Airlink Communication Limited (PSX: AIRLINK) was incorporated in Pakistan as a private limited company in January...

Published 16 Oct, 2024 09:21am

Pakistan

2024-10-18-03-22

250 people arrested: Educational centres to be shut in Punjab today

LAHORE: The Punjab government has imposed Section 144 in the province for two days October 18 and 19, besides... Published 18 Oct, 2024 06:10am

2024-10-18-02-46

WCLA completes conservation project of Kashmiri Gate

LAHORE: The Walled City of Lahore Authority (WCLA) has completed the conservation project of the Kashmiri Gate, one... Published 18 Oct, 2024 06:10am

2024-10-18-02-46

50 years of Tarbela Dam: Pakistan Post issues commemorative postage stamp worth Rs50

LAHORE: The Pakistan Post issued commemorative postage stamp worth 50 rupees to mark 50 years of Tarbela Dam. A... Published 18 Oct, 2024 06:10am

2024-10-18-02-46

Sindh & Balochistan: One arrested, 4,400 illegal gas connections removed

KARACHI: Sui Southern Gas Company (SSGC) continued to tighten the noose on gas theft miscreants through multiple... Published 18 Oct, 2024 06:10am

2024-10-18-02-46

Tarar tells National Assembly: No non-Pakistani issued any CNIC or passport

ISLAMABAD: Minister for Information and Broadcasting, Attaullah Tarar on Thursday informed the lower house of the... Published 18 Oct, 2024 06:10am

2024-10-18-02-46

School adoption: Minister’s letter receives positive response from Sindh PA

KARACHI Positive progress has been made in response to a letter written by Sindh Education Minister Syed Sardar Ali... Published 18 Oct, 2024 06:10am

World

2024-10-18-03-22

Public money ‘must be at core’ of new climate pact: UN

PARIS: The UN’s climate chief said Thursday that money from rich countries “must be at the core” of a new deal... Published 18 Oct, 2024 06:10am

2024-10-18-03-22

UN report says 1.1bn people in acute poverty

UNITED NATIONS: More than one billion people are living in acute poverty across the globe, a UN Development Program... Published 18 Oct, 2024 06:10am

Europe

Ukraine’s Zelenskiy says North Korean officers deployed alongside Russians

BRUSSELS: Ukraine’s president accused North Korea on Thursday of deploying officers alongside Russia and preparing... Published 17 Oct, 2024 11:49pm

Europe

Britain joins Europe long-range missile programme

BRUSSELS: Britain is joining a European initiative to develop long-range missiles, UK defence secretary John Healey... Published 17 Oct, 2024 11:20pm

South Asia

Probe urged into reported killing of Afghan migrants on Iran border

PARIS: Amnesty International and UN special rapporteurs on Thursday called for a transparent probe into reports that... Published 18 Oct, 2024 06:10am

Editorials

Termination of contracts with IPPs

EDITORIAL: The government’s decision to terminate power purchase agreements (PPAs) with five of Pakistan’s ...

Govt debt hits ‘all time high’

EDITORIAL: The economy clearly seems on the mend. The IMF programme is under way, inflation has dropped...

IMF’s reputational risks

EDITORIAL: In documents uploaded on the International Monetary Fund (IMF) website in the early hours of this Friday...

Recurring violence in Balochistan

EDITORIAL: There is no let-up in bad news coming from the restive Balochistan province. Last Friday, in a horrific...

Stock market: what it means to be cautious

EDITORIAL: Pakistan Stock Market (PSX) is on a consistent rise. There are elements of re-rating of country risk by...

Opinion

PARTLY FACETIOUS: Why in the world did you kick me out of the prime minister’s house?

Anjum Ibrahim

“It reminds me of the Israel American relationship.” “I know the nature of that relationship – the tail wags...

SCO, IMF & reforms

Dr Ikramul Haq | Huzaima Bukhari | Abdul Rauf Shakoori

Hosting the Shanghai Cooperation Organization (SCO) summit in Islamabad by Pakistan on October 15-16, 2024 was a ...

IMF’s risk assessment: eyes half shut

Dr Omer Javed

The first coronavirus outbreak – SARS – in the shape of epidemic happened around the beginning of this century....

Electricity market stuck in limbo

Sajid Mehmood Qazi

Pakistan’s electricity sector reform has been a topic of discussion for over three decades, with the ambition to...

Net metering: Balancing the scales—I

Asim Javed

Potential promises of clean, sustainable, and long-term cost-saving alternatives have dominated the discussion about...

Perspectives

Moving away from stabilisation to industrial sector growth: there is some time

Ali Ahmed

Complete independence cannot be achieved without economic stability. These words have never sounded truer. A few...

A year-long atrocity with no end in sight

Faiza Virani

One year to October 7, and here we are possibly, at the beginning of a nuclear confrontation. With all diplomatic...

CTBCM’s impact: a promise of affordable and reliable electricity?

Bilal Hussain

The potential transition of Pakistan’s power sector to a competitive wholesale electricity market under the...

Life Style

J-Hope, of South Korea’s BTS, finishes military service

WONJU: K-pop star J-Hope, a member of the supergroup BTS, was discharged from South Korea’s military on Thursday... Published 17 Oct, 2024 11:58pm

Life & Style

One Direction singer Liam Payne dead after falling from Buenos Aires hotel balcony

Published 17 Oct, 2024 10:38am

Life & Style

Portrait by humanoid robot to sell at auction in art world first

Published 16 Oct, 2024 11:09pm

Sports

SBP beat SNGPL to win President’s Cup One-Day tournament 2024-25

LAHORE: The State Bank of Pakistan (SBP) beat the defending champions Sui Northern Gas Pipelines Limited (SNGPL) in... Published 18 Oct, 2024 06:10am

Sports

Mendis clinches Sri Lanka series win over West Indies

Updated 17 Oct, 2024 11:43pm

Sports

Rohit ‘hurting’ after India bowled out for home Test low of 46

Published 17 Oct, 2024 07:18pm

Shakib says not returning to Bangladesh over ‘security issue’: media

DHAKA: Retiring ex-skipper Shakib Al Hasan told local media Thursday he was not returning to Bangladesh because of... Published 17 Oct, 2024 05:08pm

Sports

Pakistan sense series-levelling win over England after Sajid heroics

Updated 17 Oct, 2024 06:35pm

Sports

New Zealand on top after India bowled out for 46 in rain-hit Test

Updated 17 Oct, 2024 05:30pm

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