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Federal Government

Petroleum levy on petrol jacked up by 87pc

ISLAMABAD: Federal government has jacked up the rate of petroleum levy (PL) on petrol by 87 percent, ie, all-time...

Updated 02 Sep, 2022 11:35am

POL products’ prices increased

ISLAMABAD: Federal government Wednesday announced up to Rs 10.92 per litre increase in the prices of petroleum...

Updated 01 Sep, 2022 09:26am

Business & Finance

NKATI expresses concerns over non-release of containers

KARACHI: North Karachi Association of Trade & Industry (NKATI) President Faisal Moiz Khan while expressing...

Published 31 Aug, 2022 07:31am

Import and supply of flood goods: FBR gives ST, WHT, FED exemptions

ISLAMABAD: The Federal Board of Revenue (FBR) has granted exemption of sales tax, withholding tax and Federal Excise...

Updated 31 Aug, 2022 09:47am

Pakistan

Development budget being reviewed in light of flood relief efforts: Ahsan Iqbal

Says Pakistan now has opportunity to rebuild flooded villages in a sustainable manner

Updated 30 Aug, 2022 05:30pm

Pakistan

Private Members Bill: Cabinet Division directs ministries to implement procedure

ISLAMABAD: The Cabinet Division has directed all the ministries to implement the procedure relating to Private...

Published 30 Aug, 2022 06:21am

Markets

Motiwala calls for audit of KE’s financial matters

KARACHI: Chairman Businessmen Group (BMG) Zubair Motiwala who is also one of the members of K-Electric’s board of...

Published 30 Aug, 2022 06:21am

Opinion

Water, water everywhere…

The country lies devastated by unprecedented monsoon rains and floods. Over half of Pakistan is under water, leaving...

Published 30 Aug, 2022 06:21am

Pakistan

National Sports Policy to be finalised in consultation with all stakeholders: Mazari

ISLAMABAD: Minister for Inter Provincial Coordination (IPC) Ehsan ur Rehman Mazari said on Sunday that the federal...

Published 29 Aug, 2022 05:44am

Pakistan

Karachi deserves status of ‘charter city’: PDP

KARACHI: Pasban Democratic Party (PDP) chairman Altaf Shakoor said the present system of local government has failed...

Published 29 Aug, 2022 05:44am

Distribution begins in Sindh: Rs38bn allocated for flood relief efforts: PM

SAJAWAL: Prime Minister Muhammad Shehbaz Sharif on Saturday said that the federal government had allocated a grant...

Updated 28 Aug, 2022 11:10am

Business & Finance

Import clearance: ‘Ambiguity’ in MoC’s OM leaves timber traders thoroughly perplexed

KARACHI: The ambiguity in office memorandum (OM) of federal government regarding import of timber/wood by August 31,...

Published 27 Aug, 2022 08:04am

Pakistan

Flood relief: Governor says all possible steps being taken to provide maximum assistance

LAHORE: Announcing that the federal and the provincial governments are working together for the flood affectees,...

Published 27 Aug, 2022 07:20am

Pakistan

Sindh proposes fixing wheat support price at Rs3,000/40kg

KARACHI: Adviser to Chief Minister Sindh on Agriculture, Manzoor Hussain Wassan, on Friday, said that Sindh has...

Published 27 Aug, 2022 05:49am

Govt aims to collect Rs91bn thru GST, PL on POL products

ISLAMABAD: The federal government may impose General Sales Tax (GST) on all petroleum products with effect from...

Updated 27 Aug, 2022 09:47am

PM announces Rs15bn grant for Sindh

SUKKUR: The federal government will provide a grant of Rs 15 billion to the Sindh government to overcome the heavy...

Updated 27 Aug, 2022 09:42am

Business & Finance

‘Advance tax has no additional burden on tobacco manufacturers’

KARACHI: The federal government has increased the tax on tobacco purchasing from Rs 10 per kg to Rs 380 per kg, an...

Published 26 Aug, 2022 05:35am

Business & Finance

HCCI seeks package for rehabilitation of businesses

HYDERABAD: President of the Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has urged the prime...

Published 26 Aug, 2022 05:35am

Pakistan

Visit to NADRA headquarters: Ahsan distributes ‘certificates of excellence’ among 24 software engineers

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal visited the headquarters of National Database...

Published 25 Aug, 2022 06:09am

Import of ‘control system’: Rousch seeks govt help in securing SBP permission

ISLAMABAD: M/s Rousch (Pakistan) Power Limited has sought the federal government’s help in obtaining approvals ...

Updated 25 Aug, 2022 10:22am

Govt-KE financial matters to be resolved soon: Dastgir

KARACHI: Federal Energy Minister Engineer Khurram Dastgir Khan on Wednesday said the ‘complex’ financial matters...

Updated 25 Aug, 2022 09:32am

Pakistan

NTDC approves increase in salaries

LAHORE: The Board of Directors (BoD) of National Transmission & Distribution Company (NTDC) has approved ...

Published 24 Aug, 2022 05:08am

Opinion

Determining an individual’s residency status: some taxation anomalies

The Finance Act, 2022 has virtually decided that a Pakistani citizen can be taxed in Pakistan even if he never comes...

Published 24 Aug, 2022 05:08am

Business & Finance

PSMA urges govt to allow export of surplus sugar

LAHORE: The Pakistan Sugar Mills Association (PSMA) reiterating its demand on Tuesday has appealed to the federal...

Published 24 Aug, 2022 05:08am

Business & Finance

‘Illegally imported’: FBR allowed to release CBU consignments on 100pc surcharge

ISLAMABAD: The federal government has allowed the Federal Board of Revenue (FBR) to release ‘illegally imported’ CBU...

Updated 24 Aug, 2022 09:44am

Opinion

Burgeoning budget deficit

The information on fiscal operations in 2021-22 has just been released by the Ministry of Finance. These figures are...

Published 23 Aug, 2022 05:56am

Pakistan

Govt wants digital census done before next polls

ISLAMABAD: Federal government wants to complete the process for the digital census in the country before holding of...

Updated 23 Aug, 2022 06:29am

Markets

Export-oriented sectors: Govt backs out of subsidised power decision

Insiders claim that the decision has been taken to meet the conditions of International Monetary Fund (IMF) as the Fund has not supported additional funding for export-oriented industry

Updated 23 Aug, 2022 09:25am

Govt not happy with Nepra’s decision on wheeling charges

ISLAMABAD: The Federal Government is reportedly unhappy with the power sector regulator for giving “unfair”...

Updated 23 Aug, 2022 09:19am

Business & Finance

Hasnie assigned ‘look after charge’ of NBP president

ISLAMABAD: The federal government has assigned “look after charge” of president/CEO National Bank of Pakistan...

Published 23 Aug, 2022 05:56am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 4 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 4 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 4 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 4 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 4 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 4 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 4 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 4 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 4 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 4 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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