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circular debts

Circular debt settlement plan

The circular debt settlement plan of Rs1,268 billion developed by the Ministry of Energy (MoE) is making rounds in...

Published 24 Jan, 2024 07:53am

Business & Finance

Power, gas: business leader voices concerns over circular debts

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum and ...

Published 22 Jan, 2024 05:37am

Anti-electricity theft, recovery drive a flop?

Pakistan’s power sector circular debt stock crosses Rs 2.6 trillion

Updated 06 Dec, 2023 12:28pm

Rs76.726bn approved to keep CDMP commitment with IMF

ISLAMABAD: The government has approved an amount of Rs 76.726 billion to maintain commitment of Circular Debt...

Updated 22 Jun, 2023 08:55am

Nepra grills PD team for proposing surcharge plan

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Thursday grilled Power Division for proposing...

Updated 17 Mar, 2023 09:17am

ADB Mission says IMF’s 9/10th review should stay on track

ISLAMABAD: While noting sluggish progress on two prior policy actions, an Asian Development Bank (ADB) Mission has...

Updated 15 Mar, 2023 09:18am

Recovery of actual gas cost: Petroleum Div proposes amendments to law

ISLAMABAD: Petroleum Division has proposed amendments to the Natural Gas (Development Surcharge) Ordinance, aimed at...

Updated 13 Mar, 2023 09:13am

Opinion

Energy sector reforms: Earnest intentions for structural changes necessary – IV

Our fiscal space is wafer thin. The economy is starting to pull back from a precipice. The International Monetary...

Published 08 Mar, 2023 06:20am

Power sector: IMF has concerns about next year’s circular debt: Dastgir

ISLAMABAD: Minister for Power, Khurram Dastgir Khan said on Tuesday that International Monetary Fund (IMF) has...

Updated 01 Mar, 2023 09:07am

Opinion

A reality-check desperately required

The damning indictment of Pakistan’s economic policies continues with the latest attack by Managing Director...

Published 27 Feb, 2023 06:17am

Why IMF lending still stalled?

Reticence amongst some of the friendly countries in disbursing already pledged support and roll overs major reasons for the stalled ninth review of IMF

Updated 27 Feb, 2023 10:37am

Editorials

‘Mini-budget’

EDITORIAL: The revenue measures as revealed in the ‘mini-budget’ were expected as Finance Minister Ishaq Dar had...

Published 17 Feb, 2023 06:00am

Business & Finance

Utility getting ready to operate in competitive environment: KE has applied for ‘non-exclusive’ distribution licence: CEO

KARACHI: After enjoying status of the sole ‘vertically integrated’ power company for more than 100 years, K-Electric...

Updated 16 Feb, 2023 08:53am

Opinion

New gas tariff and circular debt

Finally, much-awaited new gas tariff has been announced by government under negotiations with the International...

Updated 15 Feb, 2023 06:50am

Editorials

Time is of the essence

EDITORIAL: The International Monetary Fund (IMF) submitted the Memorandum of Economic and Finance Policies (MEFP) to...

Published 14 Feb, 2023 05:58am

‘Viable’ energy sector: PD fails to prepare plan

ISLAMABAD: Power Division has reportedly failed to prepare a plan for a “viable” energy sector by steering the...

Updated 14 Feb, 2023 08:58am

Gas prices hiked

ISLAMABAD: The government has increased up to 124 percent in the gas prices for domestic consumers from January 1,...

Updated 14 Feb, 2023 09:08am

Editorials

The review: not yet successful

EDITORIAL: The Secretary Finance put a positive spin on the final day of discussions/negotiations with the...

Published 13 Feb, 2023 05:57am

Increase in price of Paracetamol okayed

ECC also approves circular debt management plan, extra surcharge on power

Updated 11 Feb, 2023 09:03am

Gas tariffs to be raised for consumers of SNGPL, SSGC

ISLAMABAD: Gas tariffs will have to be raised by Rs 98 per mmbtu for SNGPL consumers and Rs 109.91 per mmbtu for ...

Updated 11 Feb, 2023 05:15pm

IMF grudgingly agrees to 45pc power subsidy slash

ISLAMABAD: The government and International Monetary (IMF) are said to have agreed on reducing power subsidy by 45...

Updated 11 Feb, 2023 08:57am

IMF-govt talks give birth to ‘mini-budget’

Finance Minister Ishaq Dar says government has agreed to impose Rs170 billion in additional taxes

Updated 11 Feb, 2023 05:15pm

IMF talks: ‘Some understanding’ reached: MoS Pasha

ISLAMABAD: Minister of State for Finance Dr Aisha Ghaus Pasha has stated that some understanding has been reached...

Updated 09 Feb, 2023 08:42am

Power sector: Govt has Achilles heel somewhere, IMF finds it

Finance Ministry and Power Division hold threadbare discussions with IMF

Updated 07 Feb, 2023 08:44am

Editorials

Discos and their losses

EDITORIAL: Some things never change. Nepra’s (National Electric Power Regulatory Authority’s) Performance...

Published 04 Feb, 2023 06:08am

Markets

Energy reforms critical for economy: MoS Aisha

ISLAMABAD: Minister of State for Finance Dr Aisha Ghaus Pasha said that reforms in the energy sector are critical ...

Published 02 Feb, 2023 06:12am

Opinion

Real clear economics

There is much confusion about our economic predicament. Yet, nothing could be clearer. On the security of the wealth...

Published 24 Mar, 2022 05:36am

Circular debt reaches Rs2.294trn in July-August

ISLAMABAD: The country's circular debt has reached Rs2.294 trillion during the first two months (July-August) ...

Updated 26 Oct, 2021 09:44am

Editorials

How govt can fix energy sector

EDITORIAL: Energy sector, no doubt, has been Pakistan Tehreek-e-Insaf (PTI) government's Achilles heel from the day...

Published 11 Oct, 2021 04:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 16	278.40
USD PKR Interbank Buying / Apr 16	278.10
USD to Japanese Yen / Apr 16	154.32
USD to Swiss Franc / Apr 16	0.91
Pound Sterling to USD / Apr 16	1.24
Euro to USD / Apr 16	1.06

Stock	Volume
S&P 500 / Apr 15	5061.82
Nasdaq / Apr 15	15885.02
Dow Jones / Apr 15	37735.11
India Sensex / Apr 16	73041.46
Tokyo Nikkei / Apr 16	38375.98
Hang Seng / Apr 16	16327.73
FTSE 100 / Apr 16	7851.82
Germany DAX 30 / Apr 16	17757.12

Item	Value
Crude Oil USD/Barrel / Apr 16	85.94
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Gold 10 Grams PKR / Apr 16	214077
Gold Spot USD/Ounce / Apr 16	2387.66
Cotton US¢/pound / Apr 16	85.81
Petrol/Litre / Apr 17	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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