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Naveed Butt

Pakistan

Notification for establishment of CPEC Authority issued

Ministry of Planning, Development and Reform has issued notification for establishment of China-Pakistan Economic Corridor (CPEC) Authority and now the Law Ministry is preparing rules and procedures for appointments under Ordinance promulgated by the Pres

Published 22 Oct, 2019 12:00am

PPP to run its own campaign against PTI government

Pakistan People's Party (PPP) will continue its own mass mobilisation campaign against Pakistan Tehreek-e-Insaf (PTI) government while participating in Maulana Fazlur Rehman's Azadi March, Business Recorder has learnt. In this regard, PPP has instr

Published 20 Oct, 2019 12:00am

PPP to run its own campaign against PTI government

Published 20 Oct, 2019 12:00am

Pakistan

2nd phase of CPEC: Housing, industrial cooperation, oil, gas to be prioritized

Pakistan and China have agreed to give priority to the development projects of housing, industrial cooperation and oil and gas sector projects under the second phase of China-Pakistan Economic Corridor (CPEC).

Published 19 Oct, 2019 12:00am

Business & Finance

PPP to participate in JUI-F's 'Azadi March'

Pakistan Peoples Party (PPP) would fully participate in 'Azadi March' of Jamiat Ulema-e-Islam-Fazl (JUI-F) against the Pakistan Tehreek-e-Insaf (PTI) government on October 27. Former chairman Senate and Secretary General PPP Syed Nayyar Hussain Bukhari sa

Published 19 Oct, 2019 12:00am

Pakistan

CDWP approves nine projects worth Rs 40 billion

Central Development Working Party (CDWP) on Thursday approved nine projects, worth Rs 40 billion, and recommended two projects, worth Rs 55.5 billion, to the Executive Committee of National Economic Council (ECNEC) for consideration.

Published 18 Oct, 2019 12:00am

Business & Finance

Senate panel seeks details of 400 departments

The Senate Standing Committee on Cabinet Secretariat has sought a detailed report from the Establishment Division on a minister's statement that the Pakistan Tehreek-e-Insaf (PTI) government is going to disband 400 departments. "If the government expels t

Published 18 Oct, 2019 12:00am

Rs 1.2 trillion put in SBP as reserves to avoid lending, NA panel told

Pakistan borrowed 84 percent of its total economy, which is around $300 billion, and put Rs 1.2 trillion in the State Bank of Pakistan as reserves to avoid commercial lending, meet the government expenditures and bridge fiscal deficit.

Updated 17 Oct, 2019 08:05am

PTI government to be responsible if something happens to Zardari: Bilawal

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari Tuesday said that the Pakistan Tehreek-e-Insaf (PTI) government would be responsible if something happens to his father Asif Ali Zardari in Adiala Jail. Bilawal expressed his concerns on the hea

Published 16 Oct, 2019 12:00am

Larkana by-election: PPP opposes deployment of troops inside polling stations

Pakistan Peoples Party (PPP) has expressed grave concern over the decision of Election Commission of Pakistan (ECP) to deploy troops inside the polling stations in bye-election in PS-II, Larkana-II, scheduled for October 17. The PPP expressed these concer

Published 16 Oct, 2019 12:00am

JUI-F team, PPP leaders discuss 'Azadi March'

A delegation of Jamiat Ulema-e Islam-Fazl (JUI-F) Tuesday held a meeting with Pakistan Peoples Party (PPP) leaders and discussed the proposed 'Azadi March' announced by the JUI-F. The JUI-F delegation led by Convener Rehbar Committee Akram Khan Durrani me

Published 16 Oct, 2019 12:00am

Business & Finance

'Rules of Procedure & Privileges': Absence of Secretary PD, Pepco MD, Sepco officers irks NA body

National Assembly's Standing Committee on Rules of Procedure and Privileges has expressed its serious displeasure over the absence of Secretary Power Division, managing director Pepco and relevant officers of Sukkur Electricity Power Company (Sepco) from

Published 15 Oct, 2019 12:00am

Pakistan

PSDP-funded projects Services of over 50 employees terminated

The government has issued termination notices to more than 50 employees of the Public Sector Development Programme (PSDP)-funded projects of Ministry of Planning, Development and Reform.

Published 15 Oct, 2019 12:00am

Pakistan

PSDP 2019-20: Rs 160.59 billion released under PSDP

The federal government has released Rs 160.59 billion (23 percent) including Rs 39.94 billion foreign aid (24 percent) for various ongoing and new development projects under Public Sector Development Program (PSDP) 2019-20 against the total budgeted alloc

Published 13 Oct, 2019 12:00am

NA body, MoPA to recommend revival of PKLI&RC

National Assembly Standing Committee on Parliamentary Affairs and Ministry of Parliamentary Affairs would write separate letters to Punjab Health Ministry for revival of Pakistan Kidney and Liver Institute and Research Centre (PKLI&RC) which was made dysf

Published 12 Oct, 2019 12:00am

Pakistan

PSDP 2019-20: Rs 133 billion released against budgeted Rs 701 billion

The federal government has released Rs 133 billion (19 per cent) including Rs 9.65 billion foreign aid (7.52 per cent) for various ongoing and new development projects under Public Sector Development Program (PSDP) 2019-20 against the total budgeted alloc

Published 11 Oct, 2019 12:00am

Ministry preparing three-year Hajj policy; NA body told

Ministry of Religious Affairs and Interfaith Harmony is preparing a three-year Hajj policy on the pattern of other countries in which accommodation, building, catering and transport arrangements are under consideration on long-term basis to ensure best fa

Updated 10 Oct, 2019 05:43am

Pakistan

Senate body approves National Counter Terrorism Authority (Amend) Bill

Senate Standing Committee on Interior has approved 'The National Counter Terrorism Authority (Amendment) Bill, 2019' to make an effective coordination and contribution by all major stakeholders and recommended the Interior Ministry to prepare a draft of l

Published 09 Oct, 2019 12:00am

Imran will be sent packing till end of year: Bilawal

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari on Monday claimed that Prime Minister Imran Khan would be sent packing till the end of this year.

Published 08 Oct, 2019 12:00am

RBOD-II Mega Drainage Project: Senate panel voices concern over cost escalation of project

Senate Standing Committee on Planning, Development and Reforms has expressed serious concern over increase of Rs 48 billion in cost of RBOD-II Mega Drainage Project from Rs 14 billion to Rs 61.99 billion due to delay, faulty design, mismanagement, and lan

Published 08 Oct, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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