Topic

fuel subsidies

Pakistan’s fuel relief is real, but it’s not a reset

Published 24 Jun, 2026 05:52am

Petrol has fallen from Rs 415 to around Rs 299.5 a litre. That is genuine relief for Pakistani commuters, but it is...

Govt ends fuel subsidies

Published 23 Jun, 2026 06:19am

ISLAMABAD: The federal government has decided to end fuel subsidies for motorcyclists, small farmers, and public and...

What the food security meetings never discuss

Published 18 May, 2026 05:40am

Reliable water delivery is the precondition for every other agricultural reform. We have been ignoring it. Pakistan...

PM Shehbaz extends austerity drive till June 13

Updated 12 May, 2026 09:10am

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday extended the nationwide austerity drive until 13 June, as the...

Motorcyclists, goods transport: Govt decides to continue providing relief

Updated 01 May, 2026 09:33am

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday extended fuel subsidies for motorcyclists, public transport...

IMF cautions countries against broad fuel subsidies

Published 16 Apr, 2026 06:16am

WASHINGTON: The war in the Middle East has intensified strains on an already fragile global fiscal situation, with...

Japan mulls extending fuel subsidies amid political backlash

Published 19 Feb, 2024 05:24am

TOKYO: Japan’s government and ruling party officials are considering extending fuel subsidies beyond May, sources...

Keeping them poor to keep them alive

Updated 02 Jun, 2022 07:34pm

A special report in Business Recorder the other day revealed that it might not suffice to cut subsidies to revive ...

Targeted fuel subsidies: Govt may make allocations in FY23 budget

Updated 28 May, 2022 10:01am

ISLAMABAD: The government may make a budgetary allocation in the federal budget for the financial year 2022-23 for...

Miftah advocates tight monetary policy

Updated 27 May, 2022 10:04am

ISLAMABAD: The government remains committed to reviving the IMF programme and put Pakistan back on a sustainable...

IMF to release $900m when govt removes fuel price caps

Updated 27 May, 2022 06:18am

KARACHI: Pakistan and the IMF have worked out the outlines for the release of over $900 million in funds that would...

Govt likely to curb fuel subsidies

Updated 24 Apr, 2022 09:09am

ISLAMABAD: Present government may withdraw the subsidy on petrol entirely by raising its price by Rs 21 per litre...

Pakistan says willing to curb fuel subsidies as discussion with IMF underway

Updated 23 Apr, 2022 05:15pm

Finance minister Miftah Ismail, currently in Washington for talks on seventh review of IMF programme, says 'targeted subsidies' should remain

New govt to roll back electricity, fuel subsidies?

Updated 15 Apr, 2022 01:18pm

Prime Minister Shehbaz Sharif meets his economic team to tackle the issue

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51