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 28 Kohinoor Power Company Limited(KOHP)	4.88 ▲ 1.00 (25.77%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.90 ▲ 0.90 (15.00%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.25 ▲ 0.29 (14.80%)
Service Textile / Nov 28 Service Industries Textiles Limited(SERT)	10.11 ▲ 1.00 (10.98%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Premier Insurance / Nov 28 Premier Insurance Limited(PINL)	7.90 ▲ 0.58 (7.92%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.40 ▲ 0.88 (7.64%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)
Prosperity Weav / Nov 28 Prosperity Weaving Mills Limited(PRWM)	30.64 ▲ 2.14 (7.51%)
Shakarganj / Nov 28 Shakarganj Limited(SML)	37.95 ▲ 2.65 (7.51%)

Stock	Price
F.Credit & Inv / Nov 28 First Credit and Investment Bank Limited(FCIBL)	5.53 ▼ -0.66 (-10.66%)
Pervez Ahmed Co / Nov 28 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.81 ▼ -0.07 (-7.95%)
Samba Bank / Nov 28 Samba Bank Limited(SBL)	7.85 ▼ -0.66 (-7.76%)
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Indus Dyeing / Nov 28 Indus Dyeing & Manufacturing Co. Limited(IDYM)	155 ▼ -11.65 (-6.99%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Dawood Lawrencepur / Nov 28 Dawood Lawrencepur Limited(DLL)	225.01 ▼ -14.98 (-6.24%)
Hala Enterprise / Nov 28 Hala Enterprises Limited(HAEL)	10.75 ▼ -0.66 (-5.78%)
Bannu Woollen / Nov 28 Bannu Woollen Mills Limited(BNWM)	30.01 ▼ -1.77 (-5.57%)
Punjab Mod / Nov 28 First Punjab Modaraba(FPJM)	1.60 ▼ -0.09 (-5.33%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.20
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	45,889,478 ▲ 0.06
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	23,967,064 ▼ -0.08
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.19
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	21,462,552 ▲ 0.27
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▲ 0.30
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 2.76
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.64
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▲ 0.04
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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