News stories for Naveed Butt - Business Recorder

Naveed Butt

Business & Finance

Rs23.27bn tagged for uplift projects

ISLAMABAD: The federal government has proposed Rs23.27 billion budget allocation for development projects for fiscal...

Published 12 Jun, 2025 07:11am

Pakistan

Babar’s plea against harassment by FIA: Urgent hearing to take place today

ISLAMABAD: The Islamabad High Court (IHC) fixed for urgent hearing today (Thursday), a petition filed by ex-senator...

Published 12 Jun, 2025 06:18am

Pakistan

NA erupts as PTI dismisses federal budget

ISLAMABAD: The National Assembly went into one of its wildest frenzy on Tuesday, as opposition Pakistan...

Published 11 Jun, 2025 06:04am

Budget 2025-26

Rs1trn set aside for PSDP

ISLAMABAD: The budget 2025-26 allocated Rs1,000 billion for federal Public Sector Development Programme while...

Updated 11 Jun, 2025 08:44am

Business & Finance

Pakistan’s Rs17.6trn budget to be unveiled today

ISLAMABAD: The federal government Tuesday would present budget 2025–26 with an estimated size of Rs17.6 trillion ...

Updated 10 Jun, 2025 11:29am

Pakistan

PPP urges govt to increase salaries, EOBI pension

ISLAMABAD: Pakistan Peoples Party (PPP) urged the federal government to increase 50 percent salaries of government...

Updated 10 Jun, 2025 07:45am

Pakistan

Senate body approves ‘Civil Servants (Amendment) Bill, 2024’

ISLAMABAD: The Senate Standing Committee on Cabinet Secretariat approved, “The Civil Servants (Amendment) Bill,...

Published 06 Jun, 2025 05:02am

Budget 2025-26

‘Monthly Development Plan’ unveiled: Pakistan upbeat about 4.2pc growth

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal reaffirmed confidence in...

Updated 06 Jun, 2025 02:51pm

Govt pushes for early TTA finalisation with Turkmenistan

ISLAMABAD: Federal Minister for Planning emphasized the strategic importance of accelerating the early finalization...

Updated 01 Jun, 2025 12:50pm

Upcoming JCC session: Pakistan govt finalises CPEC deliverables after progress reviews

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal, chaired a high-level...

Updated 31 May, 2025 10:37am

Business & Finance

Ahsan vows to deepen cooperation with World Bank

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has reaffirmed ...

Published 29 May, 2025 05:55am

Pakistan

NA panel identifies absence of deadlines as critical obstacle to project execution

ISLAMABAD: The National Assembly Standing Committee on Poverty Alleviation identified the absence of defined...

Published 28 May, 2025 06:02am

Business & Finance

East-West Economic Corridor: Formal launch of landmark research report

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal has emphasised...

Published 28 May, 2025 06:02am

Pakistan

NA panel directs KE to stop unannounced load-shedding

ISLAMABAD: National Assembly Standing Committee on Government Assurances expressed its grave concern over ...

Published 27 May, 2025 03:05am

IMF has helped Pakistan stabilise economy: Zardari

ISLAMABAD: A delegation of the International Monetary Fund (IMF), led by Jihad Azour, Friday, met with President...

Updated 24 May, 2025 10:43am

CDWP clears seven projects worth Rs104bn

ISLAMABAD: The Central Development Working Party (CDWP) cleared seven development projects at cost of Rs104 billion....

Updated 24 May, 2025 11:03am

Pakistan

President, PM confer baton of field marshal upon COAS

ISLAMABAD: President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Thursday jointly conferred the baton of...

Published 23 May, 2025 06:13am

Pakistan

US-Pakistan bilateral ties discussed

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Thursday met with US Chargé d’Affaires...

Published 23 May, 2025 06:13am

Pakistan

IWT suspension: NA condemns India’s unilateral decision

ISLAMABAD: The National Assembly on Thursday, unanimously, passed a resolution strongly condemning India’s...

Published 23 May, 2025 06:13am

NA passes ‘Off the Grid (CPP) Levy Bill’

ISLAMABAD: The National Assembly, Thursday, passed, “The Off the Grid (Captive Power Plants) Levy Bill, 2025”, which...

Updated 23 May, 2025 09:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	282.73
USD PKR Interbank Buying / Jun 12	282.53
USD to Japanese Yen / Jun 12	143.91
USD to Swiss Franc / Jun 12	0.82
Pound Sterling to USD / Jun 12	1.35
Euro to USD / Jun 12	1.15
UK LIBOR % / Jun 11	4.96

Stock	Volume
S&P 500 / Jun 11	6,022.24
Nasdaq / Jun 11	19,615.88
Dow Jones / Jun 11	42,865.77
India Sensex / Jun 12	82,355.26
Tokyo Nikkei / Jun 12	38,173.09
Hang Seng / Jun 12	24,037.41
FTSE 100 / Jun 12	8,864.73
Germany DAX 30 / Jun 12	23,697.86
France CAC40 / Jun 12	7,718.48

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 11	16,985
Gold 10 Grams PKR / Jun 11	302,554
Crude Oil USD/Barrel / Jun 12	67.42
Gold Spot USD/Ounce / Jun 12	3,343.62
Cotton US¢/pound / Jun 12	67.28
Petrol/Litre / Jun 13	253.63
Diesel/Litre / Jun 13	254.64

Gainers
Losers
Leaders

Stock	Price
Invest Bank / Jun 12 Invest Capital Investment Bank Limited(ICIBL)	6.11 ▲ 1 (19.57%)
Grays Leasing / Jun 12 Grays Leasing Limited(GRYL)	6.61 ▲ 1 (17.83%)
Dewan Farooque Sp. / Jun 12 Dewan Farooque Spinning Mills Limited(DFSM)	5.21 ▲ 0.53 (11.32%)
Apna Microfin. / Jun 12 Apna Microfinance Bank Limited(AMBL)	10.64 ▲ 0.97 (10.03%)
Sardar Chemical / Jun 12 Sardar Chemical Industries Limited(SARC)	70.80 ▲ 6.44 (10.01%)
Saif Textile / Jun 12 Saif Textile Mills Limited(SAIF)	17.25 ▲ 1.57 (10.01%)
Shadman Cotton / Jun 12 Shadman Cotton Mills Limited(SHCM)	43.07 ▲ 3.92 (10.01%)
Bannu Woollen / Jun 12 Bannu Woollen Mills Limited(BNWM)	44.41 ▲ 4.04 (10.01%)
First Elite Cap.Mod / Jun 12 First Elite Capital Modaraba(FECM)	42.20 ▲ 3.84 (10.01%)
Nets Internat.Comm. / Jun 12 Nets International Communication Limited(GEMNETS)	28.50 ▲ 2.59 (10%)

Stock	Price
PIA Holding Co.B / Jun 12 PIA Holding Company Limited B(PIAHCLB)	20,987.89 ▼ -2331.99 (-10%)
Khyber Textile / Jun 12 Khyber Textile Mills Limited(KHYT)	1,993.94 ▼ -221.55 (-10%)
Otsuka Pakistan / Jun 12 Otsuka Pakistan Limited(OTSU)	398.57 ▼ -42.15 (-9.56%)
Ideal Spinning / Jun 12 Ideal Spinning Mills Limited(IDSM)	14.54 ▼ -1.45 (-9.07%)
First Capital Equities / Jun 12 First Capital Equities Limited(FCEL)	4.01 ▼ -0.39 (-8.86%)
Pak Paper Prod / Jun 12 Pakistan Paper Products Limited(PPP)	158.38 ▼ -12.76 (-7.46%)
Chenab Ltd / Jun 12 Chenab Limited(CHBL)	6.17 ▼ -0.49 (-7.36%)
Hinopak Motor / Jun 12 Hinopak Motors Limited(HINO)	374.16 ▼ -28.7 (-7.12%)
Zahid Jee Textile / Jun 12 Zahidjee Textile Mills Limited(ZAHID)	27.06 ▼ -1.99 (-6.85%)
ECOPACK Ltd / Jun 12 Ecopack Limited(ECOP)	85.11 ▼ -6.09 (-6.68%)

Stock	Volume
Sui South Gas / Jun 12 Sui Southern Gas Company Limited(SSGC)	55,899,181 ▲ 0.78
Fauji Cement / Jun 12 Fauji Cement Company Limited(FCCL)	50,597,576 ▲ 0.49
WorldCall Telecom / Jun 12 Worldcall Telecom Limited(WTL)	49,327,936 ▼ -0.08
Pervez Ahmed Consultancy / Jun 12 Pervez Ahmed Consultancy Services Ltd.(PASL)	49,092,533 ▼ -0.07
Maple Leaf Cement / Jun 12 Maple Leaf Cement Factory Limited(MLCF)	40,260,789 ▲ 0.74
K-Electric Ltd. / Jun 12 K-Electric Limited(KEL)	38,519,154 ▼ -0.24
Invest Bank / Jun 12 Invest Capital Investment Bank Limited(ICIBL)	38,443,385 ▲ 1
Dewan Cement / Jun 12 Dewan Cement Limited(DCL)	27,852,990 ▼ -0.43
Kohinoor Spining / Jun 12 Kohinoor Spinning Mills Limited(KOSM)	26,083,851 ▼ -0.18
Treet Corp / Jun 12 Treet Corporation Limited(TREET)	24,336,515 ▼ -0.27

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