Trends - Federal Government - Business Recorder

Federal Government

PM urges govts to work together to formulate policy on climate change

ISLAMABAD: Prime Minister Shehbaz Sharif emphasised the provincial governments and the federal government to work...

Published 27 Apr, 2024 05:03am

WPPs worried about continuous power curtailment

ISLAMABAD: The Pakistan Wind Energy Association (PakWEA) has expressed serious concerns at the continuous power...

Updated 27 Apr, 2024 08:15pm

Pakistan

Sindh, Centre agree to resolve power-related issues

ISLAMABAD: The Sindh and federal governments have agreed to establish committees at the provincial and district...

Published 26 Apr, 2024 04:15am

Pakistan

Families of martyred officials: PM launches Shuhada Package

ABBOTTABAD: Prime Minister Muhammad Shehbaz Sharif on Thursday launched the Shuhada Package to support the families...

Published 26 Apr, 2024 04:15am

Business & Finance

Tax-related disputes: SOEs allowed to adopt ADR facility before litigation

ISLAMABAD: The government has decided to allow state-owned enterprises (SOEs) to first avail the facility of the...

Published 25 Apr, 2024 03:05am

10-year solar panel manufacturing policy finalised

ISLAMABAD: The federal government has finalised a draft of 10 years ‘Solar Panel Local Manufacturing and Allied...

Updated 20 Apr, 2024 05:40pm

Pakistan

Canal fed area: 0.3m acres of land will be made available to farmers under LIMS

LAHORE: The Land Information Management System (LIMS) managed by the federal government and Pakistan army is aimed ...

Published 19 Apr, 2024 05:07am

Business & Finance

PSO allowed per litre exchange rate adjustment

ISLAMABAD: The federal government has allowed Pakistan State Oil (PSO) per litre exchange rate adjustment of Rs1.34...

Published 17 Apr, 2024 05:28am

Opinion

‘Education emergency’

‘All hands on deck for education of the poor is the call of the day.’ Prime Minister Shehbaz Sharif went to the...

Published 13 Apr, 2024 03:49am

Jul-Mar period: Govt borrowing soars to record high of Rs4.8trn

Analysts say that federal government’s rising spending requirements has forced it to borrow money from scheduled banks to meet its financial requirement

Updated 13 Apr, 2024 01:34pm

Pakistan

Murree, other tourist attractions: Federal, provincial govt agencies make necessary arrangements

ISLAMABAD: The federal and provincial government agencies owing to expected heavy rainfall and a huge influx of...

Published 09 Apr, 2024 05:06am

Govt asks PPRA to ‘overhaul’ its rules

ISLAMABAD: The federal government has directed the Public Procurement Regulatory Authority (PPRA) to overhaul its...

Updated 08 Apr, 2024 09:56am

Business & Finance

Auction for MTBs: SBP raises Rs558bn

KARACHI: The federal government raised some Rs 558 billion on Wednesday through the sale of short-term security...

Published 04 Apr, 2024 04:56am

Business & Finance

Incorporating exchange rate: Govt approves price adjustment for PSO

ISLAMABAD: The federal government has approved adjustments in petroleum prices, allowing Pakistan State Oil (PSO) to...

Published 03 Apr, 2024 05:29am

Pakistan

Over 300 lawyers support stance of six IHC judges

ISLAMABAD: In an unprecedented move, more than 300 members of the legal fraternity from across the country have...

Updated 01 Apr, 2024 09:50am

Markets

Petrol price hiked, diesel’s slashed ahead of Eid

ISLAMABAD: The federal government ordered a significant raise in petrol price by up to Rs 9.66 per litre, effective...

Published 01 Apr, 2024 05:34am

Up to Rs10/litre: Significant hike in petrol prices under consideration

This rise in petroleum product prices is anticipated without proposed imposition of 18 percent general sales tax

Updated 30 Mar, 2024 08:24pm

Pakistan

Govt steps up security for Chinese

PESHAWAR: Government ramped up security guarding Chinese engineers building Beijing-linked projects in the ...

Published 28 Mar, 2024 05:47am

Opinion

Attacks on the NFC Award

There have recently been some attacks on the 7th NFC award relating to the distribution of federal tax revenues...

Updated 26 Mar, 2024 04:41am

PTI says economic situation does warrant IMF programme

ISLAMABAD: Terming the new International Monetary Fund (IMF) programme as “highly critical” as it involves all the...

Updated 26 Mar, 2024 09:43am

Aurangzeb to head ECC as PM withdraws

ISLAMABAD: Prime Minister Shehbaz Sharif has reconstructed the Economic Coordination Committee (ECC) of the cabinet...

Updated 25 Mar, 2024 09:42am

IMF, govt to hold talks on EFF next month: minister

Finance minister says they have expressed strong interests in an Extended Fund Facility with the IMF, but the quantum is not clear yet,Aurangzeb

Updated 23 Mar, 2024 09:20pm

PM forms CCoSOEs with finance minister in chair

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted the Cabinet Committee on State-Owned Enterprises (CCoSOEs)...

Updated 23 Mar, 2024 09:18pm

Editorials

‘Decisive action’

EDITORIAL: The new government must have already found out that it has no time to settle in, especially when it comes...

Published 21 Mar, 2024 05:22am

Business & Finance

MTBs auction: govt borrowing well above target

KARACHI: The federal government has borrowed 100 percent above the target in the Market Treasury Bills (MTBs) ...

Published 21 Mar, 2024 05:22am

Opinion

Time to revisit the NFC Award

Notwithstanding the recent IMF demand to amend the existing NFC award, there is a longstanding need to address the...

Published 19 Mar, 2024 04:53am

Opinion

Re-aligning NFC: coalition govt faces a challenge from within

Reportedly, the IMF (International Monetary Fund) has requested resumption of dialogue on the National Finance...

Published 18 Mar, 2024 04:56am

Pakistan

Body formed to help cut govt expenditure: notification

LAHORE: The federal government has constituted a seven-member committee which will prepare a plan for reducing...

Published 17 Mar, 2024 02:49am

Editorials

Handing over Discos to provinces

EDITORIAL: The new government is inclined towards provincialization of power distribution companies (Discos) whereas...

Published 16 Mar, 2024 06:26am

Pakistan

Extending lifespan of 7 ordinances: Legislating in a hurry?

ISLAMABAD: Amid strong protests by Pakistan Tehreek-e-Insaf-backed (PTI)-backed Sunni Ittehad Council (SIC)...

Updated 16 Mar, 2024 09:11am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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