Trends - Federal Government - Business Recorder

Federal Government

Nepra law to be amended thru ordinance

ISLAMABAD: The government has decided to promulgate Ordinance to amend the Nepra Act aimed at giving powers to...

Published 20 Mar, 2021 04:39am

Pakistan

Federal govt notifies JPMC Karachi takeover

“The federal government has been pleased to constitute a Board of Governors, in respect of Jinnah Postgraduate Medical Centre (JPMC), Karachi under section 4 of the Federal Medical Teaching Institute Ordinance 2020.”
Mushtaq Kassim Chappra, Philanthropist and Industrialist, Ms. Ronaq Lakhani, Philanthropist, Dr Muhammad Irfan Daudi, Associate Professor Surgery/Consultant Surgeon and Mr Rashid A. Khan, Businessman are part of the board.

Updated 19 Mar, 2021 03:54pm

Pakistan

Centre failed to achieve revenue targets, says CM

KARACHI: Under the constitution, the provinces have assigned the task of tax collection to the federal government ...

Updated 19 Mar, 2021 09:34am

World

India's coronavirus infections rise by highest in three months

Nearly 62% of infections in the past 24 hours and 46% of the deaths were reported by the western state of Maharashtra, the country's worst affected.

Published 17 Mar, 2021 12:02pm

Consumers enjoying power subsidy: Govt decides to reduce the number

ISLAMABAD: The federal government has reportedly decided to trim the number of domestic electricity consumers...

Published 16 Mar, 2021 04:43am

SKO, LDO prices increased

ISLAMABAD: Federal government has announced increase in the prices of Superior Kerosene Oil (SKO) and Light Diesel...

Updated 16 Mar, 2021 09:33am

Business

Taxation system: Speakers urge govt to remove complexities

ISLAMABAD: The participants of a seminar have urged on the federal government to remove complexities in the taxation...

Published 16 Mar, 2021 04:43am

Amendment to PPC Act: Power theft to be made more stringent cognizable offence

ISLAMABAD: The federal government has decided to expedite efforts for approval of amendment to the Pakistan Penal...

Published 14 Mar, 2021 04:13am

RDAs exceed 0.1m mark in 6 months: SBP

KARACHI: The newly-launched Roshan Digital Account, a banking solution for Non-Resident Pakistanis (NRPs), has...

Published 13 Mar, 2021 04:28am

Business & Finance

CDNS receives Rs33bn through new schemes

ISLAMABAD: Central Directorate of National Savings (CDNS) has received Rs 33 billion through the new launches ...

Published 13 Mar, 2021 04:28am

Pakistan

PM orders secretaries to visit Balochistan every month

ISLAMABAD: Prime Minister Imran Khan on Thursday directed all federal secretaries to visit Balochistan to monitor ...

Updated 12 Mar, 2021 10:07am

Power surcharge bill passed by NA body

ISLAMABAD: National Assembly Standing Committee on Power on Thursday empowered the Federal Government to increase...

Updated 12 Mar, 2021 11:07am

Pakistan

Used computers: Govt urged to withdraw valuation ruling immediately

ISLAMABAD: The computer importers and trader associations have collectively called upon the federal government to...

Published 11 Mar, 2021 05:25am

Schools in ICT, 7 Punjab cities to be shut again

ISLAMABAD: The federal government on Wednesday announced to close down schools in several cities from March 15 as...

Published 11 Mar, 2021 05:25am

Another big hike in power tariffs anytime soon

ISLAMABAD: The Federal Government is all set to pass on another startling increase of Rs 3.50 per unit in tariff of...

Updated 10 Mar, 2021 09:45am

Pakistan

Ehsaas Programme: More than half of beneficiaries are female: Sania

ISLAMABAD: More than half of the “millions of beneficiaries” of Ehsaas Programme, which is the federal...

Updated 09 Mar, 2021 09:39am

Cabinet likely to approve SBP bill today

ISLAMABAD: The Federal Cabinet, which is scheduled to meet on Tuesday (today), is likely to approve the State Bank ...

Updated 09 Mar, 2021 09:35am

Review petition: Govt raises objections on Justice Isa’s live telecast plea

ISLAMABAD: The federal government on Monday raised objections on Justice Qazi Faez Isa’s application for live...

Updated 09 Mar, 2021 09:39am

ToRs of Arbitration Agreement: Govt, KE fail to evolve consensus

ISLAMABAD: The Federal Government and Karachi Electric (KE) have reportedly failed to evolve consensus on the Terms...

Updated 08 Mar, 2021 09:23am

Broadsheet body chairman: Summary on pay, allowances moved

ISLAMABAD: The Federal Government is to pay the same salary and allowances to Chairman one man Commission of Inquiry...

Updated 08 Mar, 2021 09:15am

Disparity reduction allowance: Grant approved by finance ministry

ISLAMAABD: Finance Ministry has given approval to the federal government’s grant of disparity reduction allowance...

Published 07 Mar, 2021 04:07am

Pakistan

Getting Hafeez Shaikh elected to Parliament: There are various options open to govt

ISLAMABAD: The federal government is mulling over different options to bring Finance Minister Hafeez Shaikh to the...

Published 06 Mar, 2021 05:01am

Pakistan

Imported Covid-19 vaccinations: Frontline workers top priority, PAC told

ISLAMABAD: The Public Accounts Committee (PAC) was informed, on Thursday that frontline workers were the top ...

Updated 05 Mar, 2021 09:42am

Ehsaas Street Hawkers initiative: PASSD joins hands with four govt bodies

ISLAMABAD: The federal government’s Poverty Alleviation and Social Safety Division (PASSD) Thursday joined hands...

Updated 05 Mar, 2021 09:42am

Editorials

A struggling economy behind Hafeez’s defeat?

EDITORIAL: The country witnessed the first ever defeat of a sitting minister of the federal government in Senate...

Published 05 Mar, 2021 05:17am

Govt opposes Justice Isa’s plea for live telecast of court proceedings

ISLAMABAD: The federal government opposed the proposed live telecast of Justice Qazi Faez Isa’s review petitions...

Published 04 Mar, 2021 04:58am

Govt may extend contract of Member Nepra Punjab

Pakistan

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10 ▲ 0.74 (7.99%)
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	5.87 ▲ 0.42 (7.71%)
Shakarganj / Nov 29 Shakarganj Limited(SML)	40.80 ▲ 2.85 (7.51%)
AKD Hospitality / Nov 29 AKD Hospitality Limited(AKDHL)	172.19 ▲ 12.01 (7.50%)
Atlas Honda Ltd / Nov 29 Atlas Honda Limited(ATLH)	347.23 ▲ 24.23 (7.50%)
Nimir Ind.Chem. / Nov 29 Nimir Industrial Chemicals Limited(NICL)	103.96 ▲ 7.25 (7.50%)
Otsuka Pakistan / Nov 29 Otsuka Pakistan Limited(OTSU)	138.59 ▲ 9.67 (7.50%)
Pak Oxygen Ltd. / Nov 29 Pakistan Oxygen Limited(PAKOXY)	112.80 ▲ 7.87 (7.50%)

Stock	Price
Unicap Modaraba / Nov 29 Unicap Modaraba(UCAPM)	1.72 ▼ -0.25 (-12.69%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
Ghazi Fabrics / Nov 29 Ghazi Fabrics International Limited(GFIL)	5.70 ▼ -0.53 (-8.51%)
Service Global Foot / Nov 29 Service GlobalFootwear Limited(SGF)	43.51 ▼ -2.49 (-5.41%)
JDW Sugar / Nov 29 JDW Sugar Mills Limited(JDWS)	340 ▼ -10.05 (-2.87%)
Hira Textile / Nov 29 Hira Textile Mills Limited(HIRAT)	2.10 ▼ -0.05 (-2.33%)
Merit Packaging / Nov 29 Merit Packaging Limited(MERIT)	10.11 ▼ -0.18 (-1.75%)
TPL Corp Ltd / Nov 29 TPL Corp Limited(TPL)	6.75 ▼ -0.11 (-1.60%)
Biafo Ind. / Nov 29 Biafo Industries Limited(BIFO)	124.10 ▼ -1.65 (-1.31%)
Yousuf Weaving / Nov 29 Yousaf Weaving Mills Limited(YOUW)	3.96 ▼ -0.05 (-1.25%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▲ 0.01
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▲ 0.03
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.42
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▲ 0.15
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▲ 0.03
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▲ 0.17
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▲ 0.03
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▲ 0.22
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▲ 0.47
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▲ 0.71

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	147.02
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.27
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
India Sensex / Nov 28	66174.20
Tokyo Nikkei / Nov 28	33283.70
Nasdaq / Nov 28	14281.76
Hang Seng / Nov 28	17354.14
FTSE 100 / Nov 28	7455.24
Dow Jones / Nov 28	35416.98
Germany DAX 30 / Nov 28	15992.67
France CAC40 / Nov 28	7250.13

Item	Value
Crude Oil USD/Barrel / Nov 28	76.66
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Gold Spot USD/Ounce / Nov 28	2045.04
Cotton US¢/pound / Nov 28	79.60

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