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ECC

Power and wheat flour: ECC approves Rs23bn TSG for AJK govt

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs23 billion technical...

Updated 16 May, 2024 09:03am

Beleaguered PSM under ECC focus

ISLAMABAD: The Economic Coordination Committee (ECC) of Cabinet has directed Ministry of Industries and Production...

Updated 15 May, 2024 08:48am

ECC approves Rs4.86bn TSG for PAEC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs4.861 billion technical...

Updated 12 May, 2024 01:30pm

Editorials

Fertiliser subsidy challenge

EDITORIAL: One can only wonder what to make of the ministry of industry and production’s proposal to extend...

Published 12 May, 2024 03:09am

Opinion

The wheat woes

I would love to live in the utopian world of the neoliberal economist, where the market determines the exchange...

Updated 11 May, 2024 06:45am

Business & Finance

Import of 200,000 MTs of urea fertiliser allowed: ECC increases Passco’s wheat procurement target

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has increased procurement of wheat target of...

Published 08 May, 2024 06:43am

Business & Finance

ECC to meet today

ISLAMABAD: Finance Minister Muhammad Aurangzeb has convened a meeting of the Economic Coordination Committee (ECC)...

Updated 07 May, 2024 08:38am

ECC all set to approve enhancement of wheat target

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to approve enhancement of wheat...

Updated 07 May, 2024 08:51am

Wheat fiasco points towards govt ‘negligence’

ISLAMABAD: The mismanagement associated with allowing wheat imports, which benefited the private sector and deprived...

Updated 07 May, 2024 08:52am

Business & Finance

Wheat import bill hits $1bn mark

KARACHI: Pakistan spent some one billion dollars on the import of wheat during this fiscal year (FY24) to meet the...

Published 20 Apr, 2024 04:18am

10-year solar panel manufacturing policy finalised

ISLAMABAD: The federal government has finalised a draft of 10 years ‘Solar Panel Local Manufacturing and Allied...

Updated 20 Apr, 2024 05:40pm

‘Defunct’ SME Bank: ECC approves over Rs4.11bn to clear employees’ dues

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved over Rs 4.11 billion to settle...

Updated 16 Apr, 2024 09:08am

MoF, FBR direct officials not to engage with media

ISLAMABAD: The Finance Ministry and the Federal Board of Revenue (FBR) have directed their officials not to engage...

Updated 09 Apr, 2024 01:31pm

Markets

Finance Division dismisses 'misleading' assertions on wheat procurement targets

The Finance Division dismissed media reports suggesting that the Economic Coordination Committee (ECC) has “delayed...

Updated 06 Apr, 2024 09:16pm

Business & Finance

ECC clears Rs274bn CCL for wheat procurement

ISLAMABAD: The Economic Coordination Committee of Cabinet approved a Rs274 billion Cash Credit Limit (CCL) for the...

Published 06 Apr, 2024 05:28am

Aurangzeb to head ECC as PM withdraws

ISLAMABAD: Prime Minister Shehbaz Sharif has reconstructed the Economic Coordination Committee (ECC) of the cabinet...

Updated 25 Mar, 2024 09:42am

PM takes charge of ECC, CCoE

ISLAMABAD: Prime Minister Shehbaz Sharif has decided to keep two important decision-making committees – the Economic...

Updated 23 Mar, 2024 02:56pm

Ramazan package: ECC approves Rs2.5bn re-appropriation from ‘PMRP’

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has granted approval of Rs2.5 billion...

Updated 17 Mar, 2024 10:19pm

Rupee cover of Rs9.99bn sought for utilising foreign aid

ISLAMABAD: Ministry of Planning, Development, and Special Initiatives has sought the approval of Rs9.990 billion as...

Updated 10 Mar, 2024 10:10am

ECC extends validity of ‘MSRSSFM’

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved an extension in validity of...

Updated 09 Mar, 2024 01:27pm

Rs125m TSG for IB approved

ISLAMABAD: The government has approved the provision of an additional Rs125 million to the Intelligence Bureau (IB)...

Updated 07 Mar, 2024 08:50am

Remaining funds of first tranche of World Bank loan: ECC approves Rs7.6bn TSG for PKR cover

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a technical supplementary grant...

Updated 06 Mar, 2024 09:23am

Rs10bn TSG approved to mitigate cyber-attacks

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs10 billion technical...

Updated 03 Mar, 2024 05:29pm

Swapping issue: Rs100bn FBR notice perplexes beleaguered SNGPL

ISLAMABAD: Federal Board of Revenue (FBR) is said to have put Sui Northern Gas Pipeline Limited (SNGPL) under...

Updated 29 Feb, 2024 08:50am

Jewellery sector: ECC forms body to prepare viable plan

The inter-ministerial committee will also prepare viable plan for enhancement of tax collection

Updated 26 Feb, 2024 10:11am

Caretaker Prime Minister Anwaar-ul-Haq Kakar chairs federal cabinet meeting

Updated 16 Feb, 2024 10:06am

Hike in gas prices approved by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved an increase in gas prices effective...

Updated 15 Feb, 2024 08:42am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.82
USD to Swiss Franc / May 22	0.92
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.08

Stock	Volume
S&P 500 / May 22	5307.01
India Sensex / May 22	74221.06
Tokyo Nikkei / May 22	38876.82
Nasdaq / May 22	16801.54
Hang Seng / May 22	19024.41
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20

Item	Value
Crude Oil USD/Barrel / May 22	76.88
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Gold Spot USD/Ounce / May 22	2371.48
Cotton US¢/pound / May 22	79
Petrol/Litre / May 23	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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