Trends - Finance minister Ishaq Dar

Finance minister Ishaq Dar

Mere legislation does not mean reform

EDITORIAL: Yesterday marked the country’s seventy-seventh Independence Day. While the honour to hoist the flag on...

Published 15 Aug, 2023 06:30am

Pakistan

Deadlock persists

ISLAMABAD: A “deadlock” continues to persist in finalising a future caretaker premier in the ongoing formal...

Published 12 Aug, 2023 06:26am

ECNEC approves projects worth Rs173.625bn

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved Rs173.625 billion projects...

Updated 10 Aug, 2023 09:30am

Cargo terminal pact with AD Ports: CCoIGCT approves suggestions subject to certain terms

ISLAMABAD: The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT), Wednesday, approved the...

Updated 10 Aug, 2023 09:51am

Pakistan

Islamabad Airport outsourcing: Ads published in local, foreign dailies, panel told

ISLAMABAD: A steering committee was informed on Tuesday that advertisements have been published in local and...

Published 09 Aug, 2023 05:33am

ECC approves SSA for outsourcing Islamabad airport

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved State Support Agreement (SSA) for...

Updated 09 Aug, 2023 08:52am

Business & Finance

Pakistan to buy more electricity from Iran

ISLAMABAD: Pakistan will buy more electricity from neighbouring Iran, a finance ministry statement said on Tuesday....

Published 09 Aug, 2023 05:33am

Editorials

Why the budget was changed

EDITORIAL: Finance Minister Ishaq Dar stated the obvious during his briefing to the National Assembly Standing...

Published 09 Aug, 2023 05:33am

Six incentive schemes of SBP: ECC approves proposal of changes in contours

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the State Bank of Pakistan (SBP)’s...

Updated 08 Aug, 2023 08:43am

Privatisation: CCoP to add PIA to active projects’ list

ISLAMABAD: The Cabinet Committee on Privatization (CCoP) has decided to include Pakistan International Airlines in...

Updated 08 Aug, 2023 09:56am

Cargo terminal at East Wharf: Negotiation panel told to re-engage with AD Ports

ISLAMABAD: The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) has reviewed the progress...

Updated 08 Aug, 2023 09:06am

Pakistan

Pakistan to privatise loss-making national airline

ISLAMABAD: Pakistan plans to privatise its loss-making national carrier Pakistan International Airlines (PIAa.PSX),...

Published 08 Aug, 2023 01:19am

Opinion

LSM sector travails

Large-scale manufacturing (LSM) sector, as per data released by the Finance Division, registered negative 8.1 ...

Published 07 Aug, 2023 06:34am

Digital census data: Govt says error probability can be quite low

Ishaq Dar says that the census had received approval from eight members of the CCI

Updated 07 Aug, 2023 09:56am

Real estate sector: FBR chief says no exemption or concession possible

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Malik Amjad Zubair Tiwana has categorically conveyed to the real...

Updated 07 Aug, 2023 09:18am

Pakistan

PIA flights to UK likely to resume by October: Dar

Finance Minister says reforms are being made related to safety and regulation in line with international aviation standards

Updated 06 Aug, 2023 10:23pm

Pakistan

Bajaur suicide attack: Govt announces compensation

ISLAMABAD: The federal government on Friday announced a compensation package of Rs2 million to each victim family of...

Published 05 Aug, 2023 06:00am

Dar explains what actually led to changes in budget

Says for securing an agreement with the IMF, the government had to impose new taxes

Updated 05 Aug, 2023 03:06pm

Energy sector reforms: Modalities, framework finalised

ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting on reforms in the energy sector at the Finance Division,...

Updated 05 Aug, 2023 09:04am

Working out new rates of immovable properties: On Dar’s directive, FBR to hold talks with realtors today

ISLAMABAD: Finance Minister Ishaq Dar Friday directed the Federal Board of Revenue (FBR) to immediately convene a...

Updated 05 Aug, 2023 03:08pm

Markets

Reforms in energy sector: high-level huddle ‘finalises’ framework to bring sustainability

Finance Minister Ishaq Dar chairs the meeting aimed to reduce the sector's circular debt

Published 04 Aug, 2023 09:23pm

Pakistan

Dar announces Rs2mn compensation for families of Bajaur blast victims

Federal Minister for Finance and Revenue Senator Ishaq Dar on Friday announced that the government would pay Rs2...

Published 04 Aug, 2023 06:28pm

Business & Finance

Outsourcing of operation of KPT to UAE: CCoIGCT approves ‘price discovery mechanism’

ISLAMABAD: A meeting of the Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) has approved...

Published 04 Aug, 2023 06:20am

Sports

In unusual meeting, PCB chief Zaka calls on Dar, discusses upcoming Asia Cup

Finance Minister Ishaq Dar on Thursday met Pakistan Cricket Board (PCB) Chairman Muhammad Zaka Ashraf to discuss...

Published 03 Aug, 2023 03:58pm

Pakistan

UNDP official meets Dar

ISLAMABAD: Dr Samuel Rizk, Resident Representative UNDP called on Federal Minister for Finance and Revenue Senator...

Published 03 Aug, 2023 05:54am

Dar sets Rs10trn revenue target for Tiwana-led team

ISLAMABAD: Finance Minister Ishaq Dar threw the gauntlet of chasing a revenue target of Rs 10 trillion for the...

Updated 03 Aug, 2023 09:29am

Senate passes crucial bill to pave the way: Setting-up of sovereign wealth fund in sight

Law Minister Azam Nazeer Tarar presents bill on behalf of the interior minister

Updated 03 Aug, 2023 09:55am

Three ‘key’ sectors: Govt optimistic about investment prospects

Finance Minister Ishaq Dar says that some friendly countries are interested to invest in Pakistan’s agriculture, minerals and mines as well as the IT sector

Updated 02 Aug, 2023 10:02am

Business & Finance

Bank of China’s branch opens in Islamabad: Chinese banks provided support in turbulent times: Dar

ISLAMABAD: Finance Minister Ishaq Dar has stated that Pakistan was provided support by the Bank of China, ICBC, and...

Published 01 Aug, 2023 06:19am

Markets

Dar lauds support as Bank of China’s second branch opens in Islamabad

Finance Minister Ishaq Dar on Monday lauded the role of China’s banking sector and its institutions for supporting...

Updated 31 Jul, 2023 05:34pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 17	144.09
USD to Swiss Franc / Jun 17	0.82
Pound Sterling to USD / Jun 17	1.34
Euro to USD / Jun 17	1.15
UK LIBOR % / Jun 17	4.96

Stock	Volume
S&P 500 / Jun 17	5,982.72
India Sensex / Jun 17	81,583.30
Tokyo Nikkei / Jun 17	38,824.99
Nasdaq / Jun 17	19,521.09
Hang Seng / Jun 17	23,688.37
FTSE 100 / Jun 17	8,834.03
Dow Jones / Jun 17	42,215.80
Germany DAX 30 / Jun 17	23,434.65
France CAC40 / Jun 17	7,683.73

Item	Value
Crude Oil USD/Barrel / Jun 17	75.25
Karachi Cotton PKR/37.32 KG / Jun 17	16,785
Gold 10 Grams PKR / Jun 17	309,756
Gold Spot USD/Ounce / Jun 17	3,392.01
Cotton US¢/pound / Jun 17	67.77
Petrol/Litre / Jun 18	258.43
Diesel/Litre / Jun 18	262.59

Gainers
Losers
Leaders

Stock	Price
Sana Ind / Jun 18 Sana Industries Limited(SNAI)	28.56 ▲ 2.6 (10.02%)
Bunnys Limited / Jun 18 Bunnys Limited(BNL)	62.54 ▲ 5.69 (10.01%)
Service Textile / Jun 18 Service Industries Textiles Limited(SERT)	19.67 ▲ 1.79 (10.01%)
Mughal Iron & Steel(C) / Jun 18 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	54.45 ▲ 4.95 (10%)
Hinopak Motor / Jun 18 Hinopak Motors Limited(HINO)	451.03 ▲ 41 (10%)
Kohinoor Mills / Jun 18 Kohinoor Mills Limited(KML)	44.46 ▲ 4.04 (10%)
Zahid Jee Textile / Jun 18 Zahidjee Textile Mills Limited(ZAHID)	36.08 ▲ 3.28 (10%)
Data Agro / Jun 18 Data Agro Limited(DAAG)	111.31 ▲ 10.12 (10%)
MACPAC Films / Jun 18 MACPAC Films Limited(MACFL)	29.49 ▲ 2.68 (10%)
Int. Knit. / Jun 18 International Knitwear Limited(INKL)	20.37 ▲ 1.85 (9.99%)

Stock	Price
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.45 ▼ -0.43 (-11.08%)
Pakgen Power / Jun 18 Pakgen Power Limited(PKGP)	213.65 ▼ -23.74 (-10%)
Blue-Ex Ltd / Jun 18 Blue-Ex Limited (GEM)(GEMBLUEX)	59.85 ▼ -6.65 (-10%)
Sardar Chemical / Jun 18 Sardar Chemical Industries Limited(SARC)	69.39 ▼ -7.71 (-10%)
PIA Holding Co.B / Jun 18 PIA Holding Company Limited B(PIAHCLB)	13,770.20 ▼ -1529.97 (-10%)
Shadman Cotton / Jun 18 Shadman Cotton Mills Limited(SHCM)	52.10 ▼ -5.23 (-9.12%)
First Fid. Leasing / Jun 18 First Fidelity Leasing Modaraba(FFLM)	2.70 ▼ -0.25 (-8.47%)
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	3.04 ▼ -0.27 (-8.16%)
First AL-Noor Mod. / Jun 18 First Al-Noor Modaraba(FANM)	3.20 ▼ -0.28 (-8.05%)
Hussain Industries / Jun 18 Husein Industries Limited(HUSI)	27.01 ▼ -2.06 (-7.09%)

Stock	Volume
WorldCall Telecom / Jun 18 Worldcall Telecom Limited(WTL)	18,954,821 ▼ -0.06
Sui South Gas / Jun 18 Sui Southern Gas Company Limited(SSGC)	17,245,525 ▼ -0.47
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	13,612,717 ▼ -0.43
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	10,334,244 ▲ 0.28
Secure Logistics / Jun 18 Secure Logistics Group Limited(SLGL)	7,871,404 ▲ 0.29
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	6,010,362 ▼ -0.27
First Dawood Prop. / Jun 18 First Dawood Properties Limited(FDPL)	5,784,059 ▲ 0.35
Merit Packaging / Jun 18 Merit Packaging Limited(MERIT)	4,710,038 ▲ 1.49
TPL Properties / Jun 18 TPL Properties Limited(TPLP)	4,318,198 ▲ 0.32
PIA Holding Co.Ltd / Jun 18 PIA Holding Company Limited(PIAHCLA)	4,175,293 ▼ -0.19

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Finance minister Ishaq Dar

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