Trends - Federal Cabinet - Business Recorder

Federal Cabinet

Use of delegated powers by ministries, Divisions: Cabinet directs law minister to prepare guidelines

ISLAMABAD: The Federal Cabinet has directed the Minister for Law and Justice to structure appropriate guidelines for...

Published 25 Mar, 2023 06:25am

Austerity measures: MoF links Q4 releases with surrender of 5pc non-ERE funds

ISLAMABAD: The Ministry of Finance (MoF) is said to have linked releases of fourth quarter of current fiscal year,...

Updated 24 Mar, 2023 08:52am

Clearance of SME Bank depositors’ liabilities: Rs5.557bn savings from closed ADB FMGP project loan to be used

ISLAMABAD: The federal government has decided to use funds of Rs 5.557 billion savings from the closed ADB Financial...

Updated 24 Mar, 2023 08:50am

Tariff agreed with Iran on additional 100MW power to Gwadar

ISLAMABAD: Iran is said to have agreed on a deal of providing additional 100-MW electricity to Gwadar at a rate...

Updated 20 Mar, 2023 09:02am

Cotton: cabinet approves raise in support price

ISLAMABAD: The federal cabinet on Friday approved the decision to increase the support price of cotton to Rs8,500 ...

Updated 18 Mar, 2023 09:15am

Pakistan

Law ministry asked to request CJP to take austerity measures

ISLAMABAD: The austerity committee has asked Ministry of Law to request Chief Justice of Pakistan to also take...

Published 17 Mar, 2023 06:16am

Nepra’s ‘inefficiency’ attracts the wrath of cabinet

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) reportedly came under fire at a meeting of the...

Updated 12 Mar, 2023 09:53am

25pc ST on luxury goods’ import awaits cabinet’s nod

ISLAMABAD: Federal Cabinet has yet not approved 25 percent sales tax on the import of hundreds of luxury items and...

Updated 04 Mar, 2023 09:03am

Pension, subsidies & cut in SOEs’ losses: ‘Structural reforms’ being introduced thru budget: Dar

Proposed austerity measures come under consideration during Federal Cabinet meeting

Updated 03 Mar, 2023 11:46am

Pakistan

PM orders action on power breakdown inquiry report

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday directed the Power Division to take immediate action against ...

Published 03 Mar, 2023 06:12am

Pakistan

Pemra, PID, PBC, APP and other acts: Ministry directed to submit draft legislation approved by cabinet

ISLAMABAD: A meeting of the National Assembly Standing Committee on Information and Broadcasting directed the...

Updated 03 Mar, 2023 07:15am

Pakistan

Polls in two provinces: Govt authorises AGP to give ECP legal advice

ISLAMABAD: The federal cabinet has authorized Attorney General for Pakistan (AGP) to offer legal assistance/ advice...

Updated 01 Mar, 2023 09:08am

PAOs directed to cut their budgets by 15pc: Austerity plan picks up the pace in austere times

Finance Minister Ishaq Dar chairs first meeting to review the implementation of the decisions taken on austerity

Updated 28 Feb, 2023 09:42am

25pc GST on luxury items: FBR will move a summary

ISLAMABAD: The Federal Board of Revenue (FBR) will move a summary to the federal cabinet for imposing a higher rate...

Updated 28 Feb, 2023 09:36am

Austerity drive: Notification about monitoring body issued

ISLAMABAD: A notification regarding the constitution of a monitoring committee to oversee the implementation of the...

Updated 27 Feb, 2023 01:15pm

Austerity plan: PM orders constitution of monitoring body

ISLAMABAD: Prime Minister Shehbaz Sharif has directed to establish a monitoring committee on the implementation of...

Updated 24 Feb, 2023 08:49am

Editorials

The challenge of elite capture and collusion

EDITORIAL: A briefing by the Finance Division to the Federal Cabinet claimed that the delay in the International...

Published 23 Feb, 2023 05:52am

Govt announces steps to correct fiscal imbalances

Ministers, advisers to forgo pays and perks
Cabinet members to pay utility bills out of their own pockets
Travel only in economy class and no stay in 5-star hotels

Updated 23 Feb, 2023 09:18am

Pakistan

Govt submits complete record of Toshakhana articles to LHC

LAHORE: The federal government on Tuesday produced a complete record of the Toshakhana articles before the Lahore...

Published 22 Feb, 2023 03:30am

Pakistan

Persons scandalizing judiciary, armed forces: Body formed to finalise Criminal Laws Amendment Bill, 2023

ISLAMABAD: The Federal Cabinet has constituted a ministerial committee comprising its key allies to finalise ...

Published 16 Feb, 2023 06:08am

Business & Finance

NBP president’s slot: selection process scrapped

ISLAMABAD: The Federal Cabinet has scrapped selection process of President National Bank of Pakistan (NBP) after...

Updated 16 Feb, 2023 08:54am

Business & Finance

To be presented in parliament today: Cabinet approves Finance Supplementary Bill

ISLAMABAD: A meeting of the Federal Cabinet has approved the Finance Supplementary Bill 2023 to be presented in the...

Published 15 Feb, 2023 07:20am

FED on cigarettes doubled

ISLAMABAD: The government has started the implementation of the mini-budget late Tuesday night by doubling the...

Updated 15 Feb, 2023 08:58am

PM not satisfied with NEECA’s performance

ISLAMABAD: Expressing disappointment at the performance of National Energy Efficiency and Conservation Authority...

Updated 11 Feb, 2023 08:58am

Editorials

Wrong priorities and bad optics

EDITORIAL: Although the size of the federal cabinet has already been grossly disproportionate to the government’s...

Published 11 Feb, 2023 05:57am

New landfill sites: Govt decides to alter ICT master plan

ISLAMABAD: The government has decided to alter Master Plan of Islamabad Capital Territory (ICT) to develop a ...

Updated 09 Feb, 2023 08:49am

Business & Finance

NBP president’s slot: Name proposed by FD not approved by Cabinet

ISLAMABAD: The federal cabinet did not approve the candidate proposed by the Finance Division for appointment of the...

Published 08 Feb, 2023 06:10am

Rs 417bn received by KP: Cabinet decides to conduct audit

ISLAMABAD: The federal cabinet has reportedly decided to conduct financial and performance audit of Rs417 billion...

Updated 08 Feb, 2023 09:11am

Pakistan

Govt decides to bar state functionaries from accepting gifts of value above $500

ISLAMABAD: The federal government has decided to bar State functionaries from accepting gifts of value above US 500...

Published 04 Feb, 2023 06:08am

Paracetamol: govt to allow increase in price

ISLAMABAD: The government is all set to increase the price of paracetamol tablets on demand of manufacturers of...

Updated 01 Feb, 2023 09:24am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 26 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 26 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 26 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 26 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 26 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

Federal Cabinet

Most Popular Articles