Trends - Federal Government - Business Recorder

Federal Government

Federal govt decides to launch Rs6.8bn health programmes

ISLAMABAD: The federal government in consultation with the federating units has decided to launch National Diabetes,...

Published 28 Nov, 2023 04:57am

Property attachment: AML law provides no such criteria?

LAHORE: The Anti-Money Laundering (AML) Act has framed no criteria for attachment and taking over the properties...

Updated 26 Nov, 2023 09:52am

Pakistan

Punjab govt’s fiscal health improves thru reduction in liabilities

LAHORE: The Punjab government’s liability, local and external, has decreased by Rs 2.8 billion in the first ...

Published 25 Nov, 2023 05:19am

Pakistan

CTDs of all provinces being strengthened: Bugti

ISLAMABAD: Caretaker Minister for Interior Senator Sarfraz Bugti on Friday said the Counter-Terrorism Departments...

Published 25 Nov, 2023 05:19am

Pakistan

Govt set to step up action against power defaulters, thieves

ISLAMABAD: The federal government is likely to further tighten the noose around electricity thieves and defaulters ...

Published 25 Nov, 2023 05:19am

Editorials

Spotlight on 18th Amendment, NFC award

EDITORIAL: Suddenly, the debate about fiddling with the 18th Amendment and NFC award formula is all the rage once...

Published 25 Nov, 2023 05:19am

Bahria Town case: NBP directed to remit remittance amount to SC account

ISLAMABAD: National Bank of Pakistan has been directed to remit the amount received in foreign remittance in the...

Updated 24 Nov, 2023 09:00am

Pakistan

Missing cypher case: SC issues notices to govt, FIA in response to IK’s plea

ISLAMABAD: The Supreme Court issued notices to the federal government and Federal Investigation Agency (FIA) on...

Published 23 Nov, 2023 03:19am

Pakistan

Musharraf’s trial: SC says LHC verdict does not stand solely on basis of territorial jurisdiction

ISLAMABAD: The Supreme Court said the Lahore High Court (LHC)‘s verdict on former president and army chief General...

Updated 23 Nov, 2023 08:39pm

Pakistan

Missing Baloch students: IHC summons PM, defence minister, others on 29th

ISLAMABAD: The Islamabad High Court (IHC), Wednesday, summoned Caretaker Prime Minister Anwaar-ul-Haq Kakar, the...

Published 23 Nov, 2023 03:19am

Hydel projects: PM orders payment of arrears to KP

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed that Khyber-Pakhtunkhwa should immediately be...

Updated 23 Nov, 2023 09:24am

PSWF given ownership of 7 profit-making SOEs’ assets

ISLAMABAD: The government has transferred shares/ assets of seven profit making public sector entities to Pakistan...

Updated 22 Nov, 2023 10:06am

Appeal against SC verdict in ‘military court trial case’ filed by federal govt

ISLAMABAD: The federal government told the Supreme Court that the events of 09-05-2023 indicate a premeditated and...

Updated 18 Nov, 2023 09:33am

Urea tender validity extended till Monday: All bidders match the lowest bid price

KARACHI: All bidders of the urea import tender, conducted by the Trading Corporation of Pakistan (TCP), have matched...

Updated 18 Nov, 2023 09:07am

Pakistan

Illegal manufacturing: PSQCA busts various units

KARACHI: Pakistan Standards and Quality Control Authority (PSQCA) claimed to have seized different units involved in...

Published 16 Nov, 2023 05:39am

Projects: Centre facing resistance from provinces

Resistance faced on proposed plan to scrap 137 non-starter projects and transfer 49 projects with up to 20 percent progress to provinces

Updated 13 Nov, 2023 09:56am

‘Negotiated instruments with other nations’: PM’s prior approval thru circulation made mandatory

ISLAMABAD: The federal government is said to have made the prime minister’s prior approval through circulation...

Updated 11 Nov, 2023 09:35am

Markets

World Bank -funded Sindh solar energy project remains delayed

ISLAMABAD: The implementation of the Sindh solar energy project funded by the World Bank remains delayed with the...

Published 09 Nov, 2023 05:38am

Govt determined to give Ogra more teeth

ISLAMABAD: The federal government has directed Petroleum Division to prepare a policy paper for amendments to OGRA...

Updated 07 Nov, 2023 09:42am

Pakistan

Federal Ombudsman orders implementation of decisions

PESHAWAR: Federal Ombudsman, Ejaz Ahmad Qureshi has directed the Officers of Regional Office, Abbottabad and heads ...

Published 06 Nov, 2023 05:27am

Markets

Govt urged to announce wheat support price

ISLAMABAD: Agriculture experts and farmers have urged the federal government to fix the minimum support price for...

Published 04 Nov, 2023 06:00am

Opinion

USD to PKR forecast for 2024 — III

In the earlier article on this subject, this writer discussed the projections for PkR exchange rate for 2024. In the...

Updated 03 Nov, 2023 07:17am

Pakistan

Qul Khawani of former AGP

ISLAMABAD: Qul Khawani of former Auditor General Riyaz H Bokhari, who passed away in Lahore, will be held on...

Published 02 Nov, 2023 03:16am

Replacing words ‘federal govt’ with appropriate authority: PM asks ministries, divisions to take action at their own level

ISLAMABAD: Caretaker Prime Minister Anwar-ul-Haq Kakar has directed Ministries/ Division to bring amendments of...

Updated 02 Nov, 2023 09:00am

Gas tariffs increased

The drastic devaluation of rupee against dollar has resulted into increasing cost of gas

Updated 31 Oct, 2023 10:00am

Pakistan

Faizabad ‘dharna’ judgment: Fact-finding committee formed for compliance: Govt informs SC

ISLAMABAD: The federal government informed the apex court that pursuant to its order a fact-finding committee has...

Published 28 Oct, 2023 05:58am

Opinion

When the chips are down

When the chips are down, the going gets tough and as a consequence taking hard and strategic decisions becomes...

Published 28 Oct, 2023 05:58am

Editorials

Cost of public servants

EDITORIAL: Yet another high-level study has exposed how the government continues to dump trillions of rupees each...

Published 28 Oct, 2023 05:58am

Hundreds of uplift projects face the axe

These also include non-starter projects

Updated 26 Oct, 2023 09:53am

Punjab urges Centre to procure cotton at Rs 8,500/maund

LAHORE: Expressing concerns over dwindling prices of cotton, the Punjab government has asked the federation to...

Updated 24 Oct, 2023 09:39am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	5.96 ▲ 0.71 (13.52%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
Askari Life Assur. / Nov 29 Askari Life Assurance Company Limited(ALAC)	6 ▲ 0.55 (10.09%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Ist.Dawood Bank / Nov 29 First Dawood Investment Bank Limited(FDIBL)	2.50 ▲ 0.19 (8.23%)
Escorts Bank / Nov 29 Escorts Investment Bank Limited(ESBL)	4.98 ▲ 0.37 (8.03%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
Prosperity Weav / Nov 29 Prosperity Weaving Mills Limited(PRWM)	32.94 ▲ 2.30 (7.51%)
AKD Hospitality / Nov 29 AKD Hospitality Limited(AKDHL)	172.19 ▲ 12.01 (7.50%)

Stock	Price
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Imperial Limited / Nov 29 Imperial Limited(IML)	13.90 ▼ -1.10 (-7.33%)
Adamjee Life Assur. / Nov 29 Adamjee Life Assurance Company Limited(ALIFE)	25.06 ▼ -1.94 (-7.19%)
J.K.Spinning / Nov 29 J.K. Spinning Mills Limited(JKSM)	48.25 ▼ -3.65 (-7.03%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)
Aisha Steel(ConPS) / Nov 29 Aisha Steel(ConPS)(ASLPS)	7.20 ▼ -0.50 (-6.49%)
Nazir Cotton Mills / Nov 29 Nazir Cotton Mills Limited(NCML)	3.46 ▼ -0.24 (-6.49%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▼ -0.11
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.02
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.16
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▼ -0.05
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▼ -0.08
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▲ 0.00
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.32
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▼ -0.05
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.63
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -0.89

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

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