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Federal Government

The PM in Karachi

This is apropos a Business Recorder news item “PM’s focus on Karachi becomes razor sharp” carried by the...

Published 12 Aug, 2021 04:34am

New policy for relending of foreign loans unveiled

ISLAMABAD: Relending to borrowers including provincial governments, federal and provincial entities, departments,...

Updated 12 Aug, 2021 09:35am

Pakistan

Rs1.85bn irregularities detected in NADRA accounts

ISLAMABAD: The Auditor General of Pakistan has detected procurement-related irregularities to the tune of Rs1.85...

Published 11 Aug, 2021 04:27am

Govt moves SC against LHC sugar price verdict

ISLAMABAD: The federal government on Tuesday approached the Supreme Court against the Lahore High Court (LHC) ...

Updated 11 Aug, 2021 12:45pm

Pakistan

Privatisation Commission: Senate body defers proceedings on bill empowering PM for appointments

ISLAMABAD: Senate Standing Committee on Privatisation, on Monday, deferred the proceedings on a bill empowering ...

Published 10 Aug, 2021 04:39am

PM, Cabinet refuse 10pc basic pay raise due to country's economic condition

ISLAMABAD: Prime Minister Imran Khan and his Cabinet have reportedly refused to accept 10 percent raise in basic...

Updated 10 Aug, 2021 11:39am

Pakistan

Haleem calls for measures to cleanse Sindh police of corrupt elements

KARACHI: Leader of the Opposition in Sindh Assembly, Haleem Adil Sheikh on Sunday said that the federal government's...

Published 09 Aug, 2021 05:05am

Smuggling of migrants, people trafficking: Cabinet approves amendments to FIA laws

ISLAMABAD: The Federal Cabinet has approved amendments in laws of Federal Investigation Agency (FIA) enabling the...

Updated 08 Aug, 2021 12:02pm

Pakistan

Experts urge govt to implement new strategy for conserving water

ISLAMABAD: Experts on Saturday urged the government to implement the new strategy for conserving water, in line with...

Published 08 Aug, 2021 03:38am

Pakistan

Punjab govt’s loans swell by 5pc in second quarter

LAHORE: In the second quarter of this year, the Punjab government’s debt stock, local and external, bulged from Rs...

Published 08 Aug, 2021 03:38am

Bill of over Rs25,000 per month: 7.5pc tax on non-filers effective from July 1, says KE

KARACHI: In line with the announcement of the budget for FY 21-22 by the federal government, residential consumers...

Updated 07 Aug, 2021 10:39am

Pakistan

Rs25,000 minimum wage: Sindh Wage Board seeks time for submitting its reply

KARACHI: The Sindh Wage Board has sought time from the Sindh High Court (SHC) to submit a written reply on a ...

Published 07 Aug, 2021 04:01am

Pakistan

LG polls in ICT: ECP gives one month to do legislation

ISLAMABAD: Election Commission of Pakistan (ECP) has directed the Ministry of Interior (MoI) to approach the federal...

Published 06 Aug, 2021 04:18am

Pakistan

Govt preparing roadmap for fresh census, ECP told

ISLAMABAD: Federal government, Thursday, said it would hold fresh population census across the country and a ...

Published 06 Aug, 2021 04:18am

Govt decides to import more sugar

Will import 0.6 million metric tons instead of the previous target of 0.5 million tons through TCP as strategic reserves

Updated 03 Aug, 2021 09:48am

Order to fix price of sugar rattles the industry

ISLAMABAD: The federal government has issued a new notification on July 30, 2021 through the Ministry of Industries...

Updated 03 Aug, 2021 09:57am

New subsidy mechanism: Power Division moves Nepra for approval

Move aimed at bifurcating domestic consumers in more categories for higher revenue generation

Updated 01 Aug, 2021 12:09pm

Editorials

‘Downgrade’ of locust project

EDITORIAL: The cabinet must take note of the World Bank’s decision to downgrade the $200 million locust control...

Published 01 Aug, 2021 04:46am

Governor opens monsoon tree plantation drive

KARACHI: Governor Sindh Imran Ismail Saturday inaugurated monsoon tree plantation drive at Governor’s House as a...

Published 01 Aug, 2021 04:44am

Govt upbeat about higher cotton yield

ISLAMABAD: The government is hopeful of higher cotton yield during the current fiscal year on the back of increase ...

Updated 01 Aug, 2021 12:22pm

Ex-depot prices of petrol, kerosene oil increased

ISLAMABAD: The federal government Saturday announced raise in the ex-depot prices of petrol by 1.4 percent and...

Published 01 Aug, 2021 04:34am

Up to 1.4pc hike in prices of petroleum products recommended

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA), on Friday, has recommended an increase in the ex-depot ...

Updated 31 Jul, 2021 11:41am

Pakistan

Bilawal tells PPP workers to be ready for general elections

KARACHI: Pakistan Peoples' Party (PPP) chairman Bilawal Bhutto Zardari on Thursday while hinting at early general...

Published 30 Jul, 2021 05:10am

ADB identifies challenges to Public Private Partnership framework

ISLAMABAD: There have been various challenges to Public Private Partnership (PPP) implementation in Pakistan...

Updated 30 Jul, 2021 09:29am

Business

Donation by Hanes Brands: Tax on import of 3xply knit face masks exempted

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted sales tax on import of 30 million adult 3xply knit face...

Published 29 Jul, 2021 04:48am

Pakistan

Pricing notifications should be withdrawn: FPCCI SVP

KARACHI: Khawaja Shahzeb Akram, FPCCI SVP, has demanded that the recent pricing notifications issued by the federal...

Published 28 Jul, 2021 04:45am

Editorials

7.5pc tax on power bills for non-filers

EDITORIAL: The government’s decision to impose a tax of 7.5 percent on electricity bills in excess of 25,000 ...

Published 28 Jul, 2021 04:45am

Pakistan

Unvaccinated over-18s barred from domestic air travel

KARACHI: No citizen above 18 years will be allowed to undertake domestic air travel without vaccination by August 1,...

Published 27 Jul, 2021 04:40am

Pakistan

Emergency relief services: PAC seeks details of Rs1,240bn set aside to combat Covid-19 pandemic

ISLAMABAD: The Public Accounts Committee (PAC) of Parliament, on Monday, sought details of Rs1,240 billion (USD $7.5...

Published 27 Jul, 2021 04:40am

Business & Finance

Memorandum on the Finance Act, 2021

The Federal Government presented Finance Bill 2021 in the National Assembly on June 12, 2021. After the debate in ...

Published 26 Jul, 2021 05:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.75
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
India Sensex / Apr 23	73738.45
Tokyo Nikkei / Apr 23	37552.16
Nasdaq / Apr 23	15696.64
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8044.81
Dow Jones / Apr 23	38503.69
Germany DAX 30 / Apr 23	18137.65

Item	Value
Crude Oil USD/Barrel / Apr 23	83.54
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Gold Spot USD/Ounce / Apr 23	2323.25
Cotton US¢/pound / Apr 23	81.72
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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