Trends - Federal Government - Business Recorder

Federal Government

POL products’ prices slashed

ISLAMABAD: The federal government has announced, on Thursday, a reduction in ex-depot prices of petroleum products...

Published 16 Apr, 2021 03:40am

Private sector: Govt plan for handing over Discos finalised

ISLAMABAD: The federal government has finalised its plan to hand over 10 power Distribution Companies (Discos) to ...

Published 16 Apr, 2021 03:40am

Census 2017 results: SHC seeks report

KARACHI: Sindh High Court (SHC) on Wednesday sought the report about the final results of national census 2017 and...

Published 15 Apr, 2021 03:22am

Pakistan

PM to announce uplift package for Sindh on Friday: Haleem

The package would begin an era of progress and prosperity for the people of province, he said while adressing a news conference here at the Circuit House.

Published 14 Apr, 2021 11:09pm

Govt decides to withdraw Kapco from PC’s portfolio

ISLAMABAD: The Federal Government has decided to amend Facilitation Agreement and guarantee of Kot Addu Power ...

Updated 14 Apr, 2021 10:11am

Pakistan

MQM-P holds Sindh govt responsible for price hike

KARACHI: Muttahida Qaumi Movement – Pakistan (MQM-P) on Monday accused Pakistan People’s Party (PPP) led Sindh...

Updated 13 Apr, 2021 09:33am

CCI decides to go ahead with census; Sindh opposes move

ISLAMABAD: The Council of Common Interest (CCI) has approved the official release of the Census-2017 results, and...

Updated 13 Apr, 2021 09:27am

Business & Finance

Cigarette industry for uniform implementation of policies

KARACHI: Cigarette industry, one of the largest tax payer sector, has urged the federal government for uniform...

Updated 13 Apr, 2021 09:29am

Pakistan

Government fixes Nisab for Zakat at Rs80,933

People having a minimum of Rs 80,933 balance in savings, profit and loss sharing, or similar bank accounts on the first day of Ramazan will be liable to pay 2.5 percent Zakat on the total balance
Minister for Science and Technology Fawad Chaudhry predicted that the Ramazan moon will be sighted on April 13

Published 11 Apr, 2021 12:12pm

Pakistan

Sindh govt ready to run PSM, says minister

KARACHI: Sindh Minister for Information Syed Nasir Hussain Shah said the provincial government is ready to run...

Published 11 Apr, 2021 05:27am

PSDP 2020-21: Rs500.94bn released against budgeted Rs650bn

ISLAMABAD: The federal government has released Rs500.94 billion (77.1 percent) including Rs82 billion foreign aid ...

Published 11 Apr, 2021 05:27am

Additional power to KE: NTDC gives its consent

ISLAMABAD: National Transmission and Despatch Company (NTDC) is said to have given its consent for provision of...

Published 10 Apr, 2021 04:34am

Pakistan

Ordinance approved: Autonomy of HEC curtailed

ISLAMABAD: April 8, 2021: President Dr Arif Alvi has approved the Higher Education Commission Amendment Ordinance...

Updated 09 Apr, 2021 09:24am

Pakistan

Office timings for Ramazan notified

ISLAMABAD: The federal government on Thursday notified new timings for public offices during the holy month of...

Updated 09 Apr, 2021 09:23am

Power base tariff to be further raised, IMF told

ISLAMABAD: The federal government has assured the International Monetary Fund (IMF) that it will further increase...

Updated 10 Apr, 2021 06:08am

Sindh govt gives air to its ‘grievances’

ISLAMABAD: Sindh government spokesperson Murtaza Wahab has claimed that the populations of Sindh and Balochistan are...

Published 08 Apr, 2021 04:10am

Motor gasoline transportation: ECC asks Ogra to revise MFM, KMK tariffs

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed Oil and Gas Regulatory Authority...

Updated 08 Apr, 2021 09:52am

World

India posts record COVID-19 cases, 13-fold jump over two months

Compelled by its domestic needs, India has now delayed exports of large quantities of vaccines, though 64.5 million does have been shipped so far.

Published 07 Apr, 2021 12:28pm

Pakistan

MQM-P urges federal govt to reduce inflation

KARACHI: The Muttahida Qaumi Movement-Pakistan (MQM-P) demanded of the federal government on Tuesday to reduce ...

Updated 07 Apr, 2021 09:54am

Controversial census results: CCI to take decision on notification today

ISLAMABAD: The Council of Common Interests (CCI), which is scheduled to meet on Wednesday (today) with Prime ...

Published 07 Apr, 2021 03:48am

Import of palm oil, palm olein: ECC delays decision on duty exemption proposal

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has reportedly delayed its decision on a ...

Published 07 Apr, 2021 03:48am

Public debt hits all-time high in Feb

KARACHI: The government debt stocks (domestic and external) continued to surge, reaching historic level of Rs 36.6...

Updated 06 Apr, 2021 09:56am

Proposed SOEs (Governance and Operation) Bill 2021: Centre seeks indemnity for directors, CEO

ISLAMABAD: The federal government, in the proposed State Owned Enterprises (Governance and Operation) Bill 2021, has...

Published 05 Apr, 2021 03:56am

Punjab govt notifies Rs80/kg ex-mill sugar price

LAHORE: In an unprecedented move, the Punjab government on Friday notified the ex-mill price of sugar at Rs 80 per...

Published 03 Apr, 2021 03:41am

Pakistan

SHC orders govt to remove Khuhro's name from no-fly list

The PPP leader stated that he wanted to travel abroad to meet his family
NAB prosecutor says the bureau is conducting inquiries against Khuhro and it is feared that he might not fly back home after traveling abroad

Published 01 Apr, 2021 10:42am

World

Americans want the government to buy US-made goods, even if they cost more

LOS ANGELES/NEW YORK: A year of pandemic-driven shortages of vital safety goods and medicines - not to mention...

Updated 01 Apr, 2021 09:09am

Pakistan

BISP holds first e-Kachehri on PM’s instructions

ISLAMABAD: On the instruction of Prime Minister Imran Khan, Benazir Income Support Programme (BISP) organised its...

Updated 01 Apr, 2021 09:08am

Pakistan

SHC directs govt to fix price of COVID-19 vaccine

On March 18, the court had suspended the drug regulatory authority’s notification concerning the withdrawal of exemption in Covid-19 vaccines import to a private pharma company
DRAP counsel requested the court to not allow the sale of the vaccine until its price is fixed

Published 31 Mar, 2021 11:33am

Pakistan

Govt tells IHC: Eight-storey judicial complex to be constructed without delay

ISLAMABAD: The federal government Tuesday informed the Islamabad High Court (IHC) that it would immediately ...

Published 31 Mar, 2021 05:42am

HEC chairman Tariq Banuri removed

ISLAMABAD: The federal government has removed Higher Education Commission (HEC) Chairman Tariq Banuri, with ...

Published 28 Mar, 2021 04:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.42
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 13	5221.42
Nasdaq / May 13	16388.24
Dow Jones / May 13	39431.51
India Sensex / May 14	72853.85
Tokyo Nikkei / May 14	38227.19
Hang Seng / May 14	19120.21
FTSE 100 / May 14	8427.64
Germany DAX 30 / May 14	18697.64

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	19935
Petrol/Litre / May 14	288.49
Crude Oil USD/Barrel / May 14	79.23
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2344.20
Diesel/Litre / May 14	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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