Trends - ECC - Business Recorder

ECC

Kohala Hydropower Project: PPIB extends due financial close date by 2 years

Project company will submit monthly progress report that sets out additional actions taken by it in achieving FC

Updated 19 Jul, 2022 03:48pm

Afghanistan: Pakistan to sell 120,000 metric tons of wheat to UN’s WFP

ISLAMABAD: The federal government has decided to sell 120,000 MT of wheat to United Nations World Food Programme...

Updated 17 Jul, 2022 09:36am

Cabinet may ratify ECC decision today: Representatives of GHQ, ISI and FAB to oversee NGMS spectrum auctions

ECC constitutes 17–member high-level Auction Advisory Committee for the purpose

Updated 15 Jul, 2022 10:35am

Opinion

An elusive IMF programme

One can say with reasonable confidence that the economic circumstances facing today have no parallel in the history...

Published 13 Jul, 2022 05:48am

PM’s relief package: Rs70bn needed to subsidise five basic goods

Ministry of Industries and Production seeks approval of operational cost of over Rs 150 million for distribution of subsidy under Prime Minister’s Sasta Atta initiative

Updated 10 Jul, 2022 10:18am

ECC informed about the ‘benefit’ of proposed move: Hike in gas tariffs likely to yield Rs666bn revenue

Surplus revenue of Rs120 billion to be adjusted by OGRA during review of prices of SNGPL, SSGC

Updated 09 Jul, 2022 09:40am

Business & Finance

Karachi’s textile export industry decries cut in gas supply

KARACHI: The value-added textile export industry of Karachi on Thursday slammed the PML-N led federal coalition...

Published 08 Jul, 2022 07:04am

ECC decides to raise gas prices

Directs to further reduce the gas rates for export and non-export industry/captive power

Updated 08 Jul, 2022 09:42am

Editorials

ECC addresses wheat shortage

EDITORIAL: It ought to be appreciated that, for once, the system has moved fast enough for the Economic Coordination...

Published 08 Jul, 2022 05:36am

Markets

ECC to approve award of 2nd international wheat tender

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet on Thursday (today),...

Published 07 Jul, 2022 06:30am

Cabinet hasn’t approved Rs7.91/unit hike in power rates yet: Dastgir

ISLAMABAD: Power Minister Khurram Dastgir Khan Wednesday said the Federal Cabinet has not yet approved an increase...

Updated 07 Jul, 2022 09:30am

ECC takes step to forestall wheat shortage

Approves lowest bid offer for the import of 500,000 metric tons of wheat at US$ 439.40 per metric ton

Updated 06 Jul, 2022 10:17am

Subsidy on 5 commodities for KP to continue: ECC allows one-time release of banned items stuck at ports, airports

ISLAMABAD: The government has allowed one-time special permission for the release of stranded consignments of banned...

Updated 06 Jul, 2022 09:59am

Spectrum auction(s) for NGMS: Body to include representatives of ISI, GHQ

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved the constitution of an...

Updated 06 Jul, 2022 10:10am

Ban on import of luxury items: Govt decides to release ‘stuck goods’

This is to come as one-time special permission for goods that have landed at ports or airports in Pakistan on or before June 30, 2022

Updated 05 Jul, 2022 10:02am

IPPs appoint Ramday as arbitrator

ISLAMABAD: Independent Power Producers (IPPs) of 2002 have appointed former Justice Khalil-ur-Rehman Ramday as...

Updated 01 Jul, 2022 09:41am

Pensions, retirement age: Govt to ascertain financial impact

ISLAMABAD: The government has reportedly decided to conduct financial study on pensions, its overall financial...

Updated 30 Jun, 2022 09:45am

Concessional power to zero-rated industry: MoC seeks FD’s support to its Rs26bn SG summary

ISLAMABAD: Commerce Ministry has requested Finance Division to support its summary on supplementary grant allocation...

Updated 29 Jun, 2022 09:47am

Abolition of Octroi, Zila tax: Sindh govt to get Rs3.5bn to offset against losses

ISLAMABAD: The government has decided to give Rs3.5 billion to the Sindh government in order to offset against ...

Updated 28 Jun, 2022 10:30am

ECC approves Rs17bn for RLNG-based power plants

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has reportedly approved Rs17 billion for...

Updated 26 Jun, 2022 08:48am

PD on track over energy sector structural reforms with IMF

ISLAMABAD: Power Division is said to be on track over energy sector structural reforms agreed with International...

Updated 23 Jun, 2022 10:03am

ECC approves Rs149bn payments to IPPs, KE

Power Division informs finance minister that as per agreement, IPPs’ second and final installment was required to be paid in the first week of the next month

Updated 23 Jun, 2022 10:08am

Palm oil import sans from Indonesia: FBR abolishes 2pc additional duty

ISLAMABAD: The Federal Board of Revenue (FBR) has abolished 2 per cent additional customs duty on the import of...

Updated 22 Jun, 2022 10:07am

ECC meeting to take up 13-point agenda today

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet is being held Wednesday (June 22) ...

Updated 22 Jun, 2022 10:05am

Subsidy waiver on use of HSD by power sector: ECC all set to consider PD’s proposal

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to consider a proposal of the...

Updated 22 Jun, 2022 10:01am

Markets

Weekly Cotton Review: Stability in market after fluctuations

KARACHI: Stability after fluctuations was seen in local and international cotton markets. There was decline in ...

Published 20 Jun, 2022 05:51am

Gas tariffs now under govt focus

Finance Minister Dr Miftah Ismail directs Petroleum Division to come up with proposals for revision in gas tariffs

Updated 20 Jun, 2022 09:59am

Power tariff to be raised in three phases

The tariff may be passed in three phases, Rs3.5/unit in July, Rs3.5/unit in August and remaining Rs 0.91/unit may be passed on to the consumers in the month of October 2022

Updated 18 Jun, 2022 09:59am

Markets

DISCOS Govt may hike base tariff by Rs6.25/unit from July 1

ISLAMABAD: The government is likely to increase base tariff by Rs 6.25 per unit from July 1, 2022 and Rs 1.66 per...

Published 17 Jun, 2022 06:37am

Issuance of PIBs, Sukuks: MoF asks PD to coordinate with its Debt Wing

ISLAMABAD: The Finance Ministry has asked the Power Division to coordinate with its Debt Wing for issuance of PIBs...

Updated 17 Jun, 2022 10:01am

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
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

ECC

Most Popular