Trends - Federal Government - Business Recorder

Federal Government

Sales tax on tractors, pesticides likely

ISLAMABAD: The federal government is likely to impose sales tax on tractors as well as pesticides during the...

Updated 10 May, 2024 08:57am

Business & Finance

Transit Trade Inquiry Report: Many Customs officials facing prospect of suspension

ISLAMABAD: The federal government is likely to suspend many Customs officials on the recommendation of the Transit...

Published 09 May, 2024 03:11am

Pakistan

‘Compromised judges should be thrown out’: Justice Mansoor

ISLAMABAD: Justice Syed Mansoor Ali Shah said compromised judges should be thrown out of the judiciary, but it needs...

Published 08 May, 2024 06:43am

Liquidation of appeals before IR, ATIR: Tax Laws Act to be effective from May 6

ISLAMABAD: The government has enforced the Tax Laws (Amendment) Act, 2024 from May 6, 2024, in an attempt to...

Updated 08 May, 2024 08:48am

Pakistan

Climate change: SC directs govt to form authority, allocate funds

ISLAMABAD: The Supreme Court directed the federal government to constitute an authority and allocate funds, to...

Published 07 May, 2024 06:39am

Pakistan

Bilawal forms body on privatisation matters

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has constituted a committee to engage with...

Published 07 May, 2024 06:05am

Wheat worth Rs330bn imported in 7 months

ISLAMABAD: Wheat worth 330 billion rupees was imported in seven months—from August 2023 to March 2024—and 1.3...

Updated 06 May, 2024 09:19am

Editorials

Hurting growth of formal economy

EDITORIAL: At a time when the federal government and finance minister are all talking about documenting the economy...

Published 06 May, 2024 05:30am

KP asks centre to pay Rs70bn hydel profit

ISLAMABAD: Khyber Pakhtunkhwa (KP) government has urged the federal government/ Wapda to pay its due Net Hydel...

Updated 04 May, 2024 04:21pm

Active privatisation list: Six additional public sector entities added

ISLAMABAD: The federal government, on Thursday, added six additional public sector entities in active privatisation...

Updated 03 May, 2024 09:20am

Govt urges World Bank to restructure $230m CLICK project

ISLAMABAD: The government has requested the World Bank for restructuring of “Competitive and Livable City of...

Updated 02 May, 2024 09:30am

Petrol price slashed by Rs5.45, diesel’s by Rs8.42

ISLAMABAD: The federal government announced a significant reduction in petroleum product prices, up to Rs 8.74 per...

Updated 01 May, 2024 09:13am

‘BCA’ on the cards to battle against smuggling

ISLAMABAD: The federal government is likely to establish “Border Control Authority (BCA)” for provision of an...

Updated 01 May, 2024 09:39pm

Business & Finance

Tax Laws (Amendment) Bill: Treasury Senator assails federal govt

ISLAMABAD: The federal government, Monday, came under sharp criticism in Senate from a treasury senator for...

Published 30 Apr, 2024 03:43am

Pakistan

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.52
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.08

Stock	Volume
S&P 500 / May 9	5214.08
India Sensex / May 9	72404.17
Tokyo Nikkei / May 9	38486.69
Nasdaq / May 9	16346.27
Hang Seng / May 9	18537.81
FTSE 100 / May 9	8381.35
Dow Jones / May 9	39387.76
Germany DAX 30 / May 9	18686.60

Item	Value
Crude Oil USD/Barrel / May 9	79.64
Karachi Cotton PKR/37.32 KG / May 9	19935
Gold 10 Grams PKR / May 9	205075
Gold Spot USD/Ounce / May 9	2347.74
Cotton US¢/pound / May 9	78.60
Petrol/Litre / May 10	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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