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Federal Cabinet

Body approved to condone import and export-related curbs

ISLAMABAD: The federal cabinet has approved a three-member committee headed by caretaker Minister for Commerce to...

Updated 01 Dec, 2023 09:34am

ECC for taking provinces on board for revising drug prices

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Ministry of National Health...

Updated 25 Nov, 2023 05:35pm

Urea talks continue with Russia, China, Azerbaijan

The government is engaged with Russia, China and Azerbaijan for purchase of 0.2 million tons of urea fertiliser for Rabi season

Updated 20 Nov, 2023 09:53am

Appropriate levels of authority: Secretaries’ body seeks guidelines from ministry

ISLAMABAD: The Secretaries Committee has asked the Ministry of Law and Justice to provide guidelines and proforma to...

Updated 17 Nov, 2023 08:59am

Revised SOE policy approved by Cabinet body

ISLAMABAD: A meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) has approved revised SOE policy...

Updated 16 Nov, 2023 09:21am

Business & Finance

Cabinet approves levy of 40% tax on banks’ windfall profit earned during 2021-22

The federal cabinet on Wednesday accorded approval to impose 40% tax on windfall profit earned by banks on the...

Published 15 Nov, 2023 10:20pm

Pakistan

ECP clarification: ‘Never declined to provide copies of caretakers’ assets’

ISLAMABAD: Election Commission of Pakistan (ECP) has rejected media reports that it has apologised to provide copies...

Published 15 Nov, 2023 06:09am

Import of 0.2MMTs of urea: TCP may be granted exemption from procurement rules

ISLAMABAD: The federal cabinet is likely to grant exemption from the applicability of Public Procurement Rules, 2004...

Updated 15 Nov, 2023 08:52am

Pakistan

MoITT to form committee to deal with challenge of cyber threats

ISLAMABAD: A Steering Committee of concerned stakeholders will be constituted for the governance of the digital...

Published 14 Nov, 2023 05:08am

All set to hand over PSM to MoI&P

ISLAMABAD: The Ministry of Privatisation is all set to hand over Pakistan Steel Mills (PSM) to the Ministry of...

Updated 13 Nov, 2023 09:50am

Cabinet likely to discuss factors assisting privatisation

ISLAMABAD: Federal cabinet is expected to deliberate on the factors that would assist in the determination of...

Updated 07 Nov, 2023 09:15am

Pakistan

Sealed copy of ‘cipher’ returned to MoFA

ISLAMABAD: The Cabinet Division has reportedly returned, sealed, the most talked about Cipher number 89 to the...

Published 01 Nov, 2023 05:57am

Funding PIA termed ‘challenging’ due to IMF programme

ISLAMABAD: Ministry of Privatisation has stated that arrangement of funds for Pakistan International Airlines (PIA)...

Updated 01 Nov, 2023 09:03am

Discos: PC set to move Cabinet for annulment of provincialisation option

ISLAMABAD: The Privatisation Commission (PC) is all set to submit a summary to the Federal Cabinet to scrap the...

Updated 18 Oct, 2023 09:08am

Govt allows name change of Summit Bank to Bank Makramah Ltd

ISLAMABAD: The Federal Cabinet has allowed the name change of Summit Bank to Bank Makramah Limited and voting rights...

Updated 14 Oct, 2023 05:32pm

Govt condemns Israeli siege of Gaza

ISLAMABAD: The federal cabinet, Wednesday, reiterated the principled stand of the government of Pakistan that the...

Updated 12 Oct, 2023 09:40am

Suddenly airport outsourcing plans put on ice

Federal cabinet reportedly puts outsourcing on ice till clearance by Steering Committee headed by Finance Minister

Updated 13 Sep, 2023 10:20am

No head of any corporation or organisation can directly approach PM now: PMO

ISLAMABAD: The Prime Minister Office (PMO) has put a bar on direct meetings or correspondence by the heads of...

Updated 07 Sep, 2023 08:53am

Pakistan

Reciprocity of extradition requests: Cabinet directs ministry to collect data

ISLAMABAD: The Federal Cabinet has directed the Ministry of Interior to collect data on reciprocity of extradition...

Published 02 Sep, 2023 06:30am

Quarterly adjustment thru power tariff hike: Govt seeks recovery of Rs146bn from consumers in 6 months

ISLAMABAD: The government has sought the recovery of Rs146 billion from electricity consumers in the next six months...

Updated 24 Aug, 2023 08:42am

Pakistan

Business community welcomes caretaker federal cabinet

KARACHI: Business and industrial communities have welcomed the caretaker federal cabinet and said that the cabinet...

Published 21 Aug, 2023 07:21am

Holding polls ECP’s responsibility, govt’s job to assist it: Solangi

ISLAMABAD: The federal cabinet in its first meeting on Friday said that revamping the economy is the top priority of...

Updated 19 Aug, 2023 08:59am

Pakistan

We will try to ensure financial discipline: caretaker PM Kakar addresses maiden cabinet meeting

Says he is proud to have 'one of the best teams', aware that 'we do not have a perpetual mandate to serve nation'

Updated 18 Aug, 2023 06:31pm

Federal cabinet stands dissolved

ISLAMABAD: The Cabinet Division issued the notifications for the dissolution of the federal cabinet on Thursday....

Updated 11 Aug, 2023 09:55am

Opinion

Partly Facetious: If push comes to shove

“There is an urgent need for those who receive a salary at the taxpayers’ expense to be trained on how to ...

Published 10 Aug, 2023 06:35am

Cabinet approves national aviation policy

ISLAMABAD: In the last Federal Cabinet meeting held on Wednesday, the cabinet approved National Aviation Policy...

Updated 10 Aug, 2023 09:19am

Cargo terminal pact with AD Ports: CCoIGCT approves suggestions subject to certain terms

ISLAMABAD: The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT), Wednesday, approved the...

Updated 10 Aug, 2023 09:51am

Updated CDMP as per SBA yet to be approved

ISLAMABAD: The pledge for the Cabinet to approve an updated Circular Debt Management Plan (CDMP) by end-July 2023 as...

Updated 09 Aug, 2023 09:16am

Markets

Appointment of SNGPL BoD chairperson: AGP objects to PD’s wrong communication of Cabinet decision

ISLAMABAD: The Auditor General of Pakistan (AGP) has raised serious objection over the Petroleum Division whose ...

Published 04 Aug, 2023 06:20am

Amjad Tiwana likely to become FBR Chairman

ISLAMABAD: The government has decided to appoint Amjad Zubair Tiwana, Federal Board of Revenue (FBR) Member Inland...

Updated 01 Aug, 2023 08:55am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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