Topic

circular debt

PD, IMF discuss gas sector circular debt settlement plan

Published 14 Jun, 2026 05:20am

ISLAMABAD: The Petroleum Division (PD) is currently engaged in discussions with the International Monetary Fund...

Jul-Mar: growth poor, but still not too bad?

Published 12 Jun, 2026 06:08am

EDITORIAL: The 3.7 percent growth for 2025-26 in the Economic Survey, limited to nine months of data (July-March),...

The quiet repair of Pakistan’s power sector

Published 05 Jun, 2026 05:48am

For most of the past decade, the energy sector has been the wound that Pakistani policymakers reopened every summer....

Budget must focus on solutions beyond short-term fixes, NA panel tells MoF, FBR

Published 26 May, 2026 04:53am

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue Friday directed the Tax Policy Unit of...

Pakistan’s gas market cannot survive reform delay

Published 21 May, 2026 05:01am

Pakistan’s gas sector is no longer facing a temporary imbalance. It has entered a structural decline. The continued...

Nepra to hold public hearing today: KCCI opposes KE’s Rs59bn EOTA claims for FY2017-23

Published 12 May, 2026 06:31am

ISLAMABAD: The Karachi Chamber of Commerce and Industry (KCCI) has opposed, in its entirety, K-Electric’s (KE) End...

Hike in policy rate may raise CPPA-G loan liabilities

Updated 05 May, 2026 09:09am

ISLAMABAD: The recent increase of 100 basis points in the policy rate by the State Bank of Pakistan (SBP) is likely...

Power crisis, familiar failures

Published 02 May, 2026 06:16am

EDITORIAL: Pakistan’s power shortfall crossing 11,000MW again exposes the old fault line in the sector: generation...

Power regulator says revenue-based load-shedding illegal

Updated 29 Apr, 2026 09:31am

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday reiterated its stance that revenue-based...

How Pakistan can power the AI economy with Thar energy

Updated 17 Apr, 2026 07:56am

Pakistan is paying for electricity it does not use. Through capacity payments, billions of rupees flow annually to...

PD shelves USD36bn circular debt refinancing plan

Updated 13 Apr, 2026 12:21pm

ISLAMABAD: The Power Division has reportedly put its USD36 billion power sector circular debt refinancing plan on...

FY2024-25 T&D losses stand at 17.55pc: CCP

Published 08 Apr, 2026 06:54am

ISLAMABAD: Pakistan’s fragile electricity transmission and distribution (T&D) system is not only constraining...

FCA: industry says will opt for closure

Updated 01 Apr, 2026 10:53am

ISLAMABAD: Power sector entities remain uncertain about the financial and operational impact of the ongoing Middle...

Circular debt stock stands at Rs1.8trn as of Feb 2026: PD

Updated 01 Apr, 2026 10:54am

Circular debt flow remains within the prescribed targets and is expected to be fully cleared by the end of the fiscal year

Circular debt set to touch Rs1.9trn mark

Updated 31 Mar, 2026 09:01am

ISLAMABAD: Pakistan’s power sector circular debt is set to approach Rs1.9 trillion up from Rs1.689 trillion recorded...

IMF’s EFF & RSF: SLA clears path for USD4.5bn disbursements

Updated 29 Mar, 2026 05:53am

ISLAMABAD: The International Monetary Fund (IMF) team and the Pakistani authorities have reached a staff-level...

Circular debt: AGP asks PD to come up with plan

Updated 08 Mar, 2026 10:12am

ISLAMABAD: The Auditor General of Pakistan (AGP) has asked the Power Division to devise a detailed plan to clear...

SOEs: The elephant in the fiscal room

Updated 04 Mar, 2026 08:51am

The Federal State-Owned Enterprises Annual Aggregate Report FY25 is a sobering read. Pakistan’s federal SOEs...

Clarification by Power Division

Published 02 Mar, 2026 04:37am

In response to a Business Recorder Editorial “Relief that disappears” published by the newspaper yesterday, the...

Economic horoscope: Pakistan at the edge

Published 28 Feb, 2026 04:56am

If nations had horoscopes, Pakistan’s for 2026–2031 would not be written in the stars. It would be written in debt...

Discos’ PER: PD rejects Nepra’s claims

Updated 27 Feb, 2026 09:50am

ISLAMABAD: The Power Division has rejected claims made by the National Electric Power Regulatory Authority (Nepra) ...

Non-provision of brief irks Petroleum Division panel

Updated 21 Feb, 2026 09:30am

ISLAMABAD: The Standing Committee on the Petroleum Division met on Friday at the Parliament House, under the...

Pakistan’s banking sector cuts Export Refinance Facility markup by 3%

Updated 13 Feb, 2026 12:06pm

Reduction brings the end-user rate for exporters under the ERF scheme down to 4.50 percent for all new loans and

PMO seeks Power Division’s input on Nepra’s Industry, Annual reports

Updated 12 Feb, 2026 09:12am

ISLAMABAD: The Prime Minister’s Office (PMO) has sought comments from the Power Division on NEPRA’s State of...

Need for urgent steps to control rising energy rates: LCCI

Published 10 Feb, 2026 08:15am

LAHORE: During a meeting with former president of the Karachi Chamber of Commerce and Industry, Shariq Vohra, Faheem...

Industrial consumers: FPCCI urges PD to abolish cross-subsidy, DSS

Published 27 Jan, 2026 05:11am

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Power Division to...

Power sector: Circular debt flow declines to Rs75bn in 1H

Published 27 Jan, 2026 05:11am

ISLAMABAD: The country’s power sector circular debt flow declined to Rs75 billion during the first six months...

Power Division denies Rs224bn circular debt spike reports, terms it ‘misleading’

Updated 26 Jan, 2026 07:53pm

PD expects the circular debt position to be fully contained by the close of the current fiscal year

Energy circular debt continues to swell: BMP

Published 26 Jan, 2026 07:55am

LAHORE: As Pakistan’s circular debt in the energy sector continues to swell and policy fragmentation deepens...

KP CM seeks immediate release of Net Hydel Profit payments

Updated 26 Jan, 2026 07:16am

ISLAMABAD: Chief Minister Khyber Pakhtunkhwa Sohail Afridi has urged the federal government to immediately release...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 6	278.31
USD PKR Interbank Buying / Jul 6	278.11
USD to Japanese Yen / Jul 7	161.89
USD to Swiss Franc / Jul 7	0.81
Pound Sterling to USD / Jul 7	1.34
Euro to USD / Jul 7	1.14
SOFR % / Jul 6	3.66

Stock	Volume
S&P 500 / Jul 6	7,537.43
Nasdaq / Jul 6	26,121.16
FTSE 100 / Jul 6	10,651.77
Dow Jones / Jul 6	53,055.91
Germany DAX 30 / Jul 6	25,817.89
France CAC40 / Jul 6	8,479.87
India Sensex / Jul 7	78,460.01
Tokyo Nikkei / Jul 7	68,848.59
Hang Seng / Jul 7	23,604.16

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 6	17,880
Gold 10 Grams PKR / Jul 6	375,030
Petrol/Litre / Jul 7	297.53
Crude Oil USD/Barrel / Jul 7	69.01
Gold Spot USD/Ounce / Jul 7	4,125.55
Diesel/Litre / Jul 7	309.50
Cotton US¢/pound / Jul 7	78.97

Gainers
Losers
Leaders

Stock	Price
Tariq Corp. (R) / Jul 7 Tariq Corporation Limited(Right)(TCORPR2)	6.42 ▲ 1 (18.45%)
Baba Farid Sugar / Jul 7 Baba Farid Sugar Mills Limited(BAFS)	356.50 ▲ 32.41 (10%)
Cresent Jute / Jul 7 Crescent Jute Products Limited(CJPL)	15.29 ▲ 1.39 (10%)
Fateh Ind. / Jul 7 Fateh Industries Limited(FIL)	354.66 ▲ 32.24 (10%)
Fateh Sports / Jul 7 Fateh Sports Wear Limited(FSWL)	216.87 ▲ 19.72 (10%)
IbrahimFibres / Jul 7 Ibrahim Fibres Limited(IBFL)	328.36 ▲ 29.85 (10%)
Pak Leather Crafts / Jul 7 Pak Leather Crafts Limited(PAKL)	60.40 ▲ 5.49 (10%)
Prosperity Weav / Jul 7 Prosperity Weaving Mills Limited(PRWM)	75.76 ▲ 6.89 (10%)
Zahid Jee Textile / Jul 7 Zahidjee Textile Mills Limited(ZAHID)	79.88 ▲ 7.26 (10%)
Premier Insurance / Jul 7 Premier Insurance Limited(PINL)	11.56 ▲ 1.05 (9.99%)

Stock	Price
Dewan Farooque Sp. / Jul 7 Dewan Farooque Spinning Mills Limited(DFSM)	29.58 ▼ -3.29 (-10.01%)
Hala Enterprise / Jul 7 Hala Enterprises Limited(HAEL)	33.02 ▼ -3.67 (-10%)
S.G.Power / Jul 7 S.G. Power Limited(SGPL)	105.61 ▼ -11.73 (-10%)
Tandlianwala Sugar / Jul 7 Tandlianwala Sugar Mills Limited(TSML)	809.92 ▼ -89.99 (-10%)
First Fid. Leasing / Jul 7 First Fidelity Leasing Modaraba(FFLM)	19.47 ▼ -2.16 (-9.99%)
Sana Ind / Jul 7 Sana Industries Limited(SNAI)	36.20 ▼ -2.81 (-7.2%)
B.R.R. Guardian / Jul 7 B.R.R. Guardian Limited(BRRG)	46.27 ▼ -3.4 (-6.85%)
Gulistan Sp. / Jul 7 Gulistan Spinning Mills Limited(GUSM)	11.17 ▼ -0.76 (-6.37%)
Khairpur Sug. / Jul 7 Khairpur Sugar Mills Limited(KPUS)	2,000 ▼ -123.58 (-5.82%)
First IBL Mod. / Jul 7 First IBL Modaraba(FIBLM)	12.48 ▼ -0.71 (-5.38%)

Stock	Volume
TPL Properties / Jul 7 TPL Properties Limited(TPLP)	54,358,421 ▲ 0.8
TPL REIT Fund I / Jul 7 TPL REIT Fund I(TPLRF1)	28,773,460 ▲ 0.34
B.O.Punjab / Jul 7 The Bank of Punjab(BOP)	27,080,853 ▲ 0.5
Cnergyico PK / Jul 7 Cnergyico PK Limited(CNERGY)	12,338,697 ▲ 0.14
Pak Elektron / Jul 7 Pak Elektron Limited(PAEL)	10,844,959 ▲ 0.63
First Fid. Leasing / Jul 7 First Fidelity Leasing Modaraba(FFLM)	9,686,824 ▼ -2.16
Pak Refinery / Jul 7 Pakistan Refinery Limited(PRL)	8,647,093 ▲ 1.1
TPL Corp Ltd / Jul 7 TPL Corp Limited(TPL)	8,591,985 ▲ 0.36
WorldCall Telecom / Jul 7 Worldcall Telecom Limited(WTL)	7,397,197 ▲ 0.02
Ghani Chem. Ind. / Jul 7 Ghani Chemical Industries Limited(GCIL)	7,291,036 ▼ -0.82

circular debt

Most Popular