Trends - Finance Division - Business Recorder

Finance Division

APM Terminals keen to enhance investment, operations in Pakistan

ISLAMABAD: The APM Terminals company sees great potential in the Pakistani market and shows keen interest to enhance...

Published 26 Apr, 2024 04:15am

SOE transformation: ADB sending mission to develop $400m project scope

ISLAMABAD: The Asian Development Bank (ADB) is dispatching a reconnaissance mission from 6-24 May 2024 to develop ...

Updated 21 Apr, 2024 09:17am

Pakistan

Prior to voluntary retirement: FD asks PAOs, officers to give 3-month notice

ISLAMABAD: The Finance Division has asked all the Principal Accounting Officers (PAOs), retiring officers and...

Published 18 Apr, 2024 03:24am

Accounts consolidation: Cabinet directs FD to collaborate with CGA

ISLAMABAD: The federal cabinet has directed the Finance Division to ensure, in coordination with the Controller...

Updated 07 Apr, 2024 03:56pm

Markets

Finance Division dismisses 'misleading' assertions on wheat procurement targets

The Finance Division dismissed media reports suggesting that the Economic Coordination Committee (ECC) has “delayed...

Updated 06 Apr, 2024 09:16pm

MoF says markup payments remain a challenge

Consolidation efforts on track as revenues witness increase of 63 percent, with 30 percent increase in FBR collection and 117 percent surge in non-tax revenues

Updated 06 Apr, 2024 05:09pm

KE, govt entities: FD shares details of disputed unpaid subsidy claims for mediation

ISLAMABAD: The Finance Division is said to have shared the details of disputed unpaid subsidy claims of over Rs66...

Updated 04 Apr, 2024 09:07am

Editorials

Lull at the Finance Division

EDITORIAL: The Federal Board of Revenue (FBR) is at present the most visibly active department operating under the...

Published 03 Apr, 2024 05:29am

Pakistan

Finance ministry sees inflation at 22.5-23.5% in March

Says inflation outlook at moderate level despite upward revision of petrol prices and influence of Ramzan

Updated 29 Mar, 2024 10:12pm

Pakistan

Christian employees: Advance salary, pension ordered

ISLAMABAD: The government has directed that arrangements should be made in advance to pay salaries and pension to ...

Published 25 Mar, 2024 05:47am

Pakistan

Govt considering incorporating agriculture, real estate into tax framework: Aurangzeb

Remarks come during finance minister's first visit to FBR, statement says govt looking at wholesale/retail, real estate, and agriculture sectors to broaden its tax base

Updated 13 Mar, 2024 09:43pm

‘Disallowing TA/DA’: LTO Lahore officials approach LHC

ISLAMABAD: The Inland Revenue Audit Officers/ Assistant Directors (Audit) of Large Taxpayer Office Lahore have...

Updated 13 Mar, 2024 08:51am

Sukuk, other Shariah-compliant financing modes: Govt wants more loans against its unencumbered assets

ISLAMABAD: The federal government has decided to issue domestic and international Sukuk and raise other...

Updated 07 Mar, 2024 09:47am

Editorials

February Economic Update and Outlook

EDITORIAL: The February 2024 Economic Update and Outlook uploaded on the Finance Division website on the last day of...

Published 06 Mar, 2024 04:18am

MFPU head: FD to hire professional for 3 years

ISLAMABAD: The Finance Division has decided to hire a professional to head the Macro-Fiscal Policy Unit (MFPU)...

Updated 05 Mar, 2024 09:18am

Payment to Chinese IPPs: Power Division allowed to draw Rs4bn from PERA

ISLAMABAD: The Finance Division has allowed Power Division to draw Rs4 billion from Pakistan Energy Revolving...

Updated 02 Mar, 2024 04:13pm

Govt moves NPP, GPP sell-off process forward

Cabinet Committee on Privatisation directs Power Division to submit timelines for each of the issues hindering the process of privatisation of Nandipur Power Plant and Guddu Power Plant

Updated 29 Feb, 2024 09:36am

Austerity committee created

ISLAMABAD: The government has created an austerity committee to be headed by the caretaker finance minister with...

Updated 28 Feb, 2024 10:16am

Ban on vehicles, machinery, equipment buying imposed

ISLAMABAD: The Finance Division has imposed a ban on purchase of vehicles, machinery, and equipment, and creation of...

Updated 28 Feb, 2024 08:56am

Caretakers likely to amend Banking Companies Ordinance

ISLAMABAD: The federal government is likely to amend Banking Companies Ordinance, 1962, aimed at allowing voting...

Updated 25 Feb, 2024 10:11pm

GIDC funds to be used towards IP gas pipeline

ISLAMABAD: The government is to utilise Rs 45 billion under Gas Infrastructure Development Cess (GIDC) on...

Updated 23 Feb, 2024 09:36am

FY25: ministries asked to furnish GRB estimates

The Finance Division also seeks details of activities concerning employment and economic opportunity as well as safety and security, political participation, and meaningful engagement

Updated 18 Feb, 2024 07:46pm

Rescheduling loans: PALSP told to talk with SBP, Finance Division

ISLAMABAD: An Inter-Ministerial Meeting has asked Pakistan Association of Large Steel Producers (PALSP) to take up...

Updated 15 Feb, 2024 08:43am

SOEs Act, 2023: Body formed to look into legal status of govt entities

ISLAMABAD: The Finance Ministry has constituted a committee on State-Owned Enterprises (SOEs) to look into matters...

Updated 13 Feb, 2024 09:28am

Legal opinion sought on transfer of OGDCL shares held with PC

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) has sought opinion of Law Ministry on a proposal meant to...

Updated 12 Feb, 2024 09:57am

MoF issues FY25 budget call circular

ISLAMABAD: The Finance Ministry has issued the Budget Call Circular (BCC) for fiscal year 2024-25 with a timeline...

Updated 08 Feb, 2024 10:00am

CCoE approves amendments to refineries policy

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has approved amendments to Refineries Policy 2023 to resolve...

Updated 07 Feb, 2024 08:59am

Editorials

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	156.17
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 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Finance Division

Most Popular