Trends - government - Business Recorder

government

Immovable properties: Hike in advance tax on purchase likely

Taxation on real estate discussed during ongoing meetings between FBR and IMF

Updated 17 May, 2024 11:39am

March demand down 7.5pc: Govt mulling options to boost power consumption

Chief Executive Officer, CPPA-G Rihan Akhtar says that decline in demand is a major concern in the sector

Updated 27 Apr, 2024 08:12pm

NA panels: Govt, opposition agree on ‘power-sharing’ formula

ISLAMABAD: After months of delay, the government and the opposition agreed on a power-sharing formula for the...

Updated 26 Apr, 2024 09:00am

Pakistan

Law and order: JI Karachi steps up criticism of govt

KARACHI: Jamaat-e-Islami (JI) on Tuesday mourned the killing of its two members at the hands of bandits, decrying ...

Published 10 Apr, 2024 02:16am

Pakistan

Pakistan signs $240mn loan agreement with Saudi Fund for Development for KP dam

Mohmand Multipurpose Dam Project will enhance water and food security, and improve the standard of living for people living in the Khyber Pakhtunkhwa province: SFD

Updated 07 Apr, 2023 05:56pm

Business & Finance

Pharmaceutical companies seek ‘inflationary adjustments’ in medicine prices

Cite significant rupee depreciation, surging inflation as reasons behind their request

Published 06 Feb, 2023 10:09pm

Pakistan

Govt to lift ban on certain imports in coming days: Miftah Ismail

Finance minister says petroleum levy will be increased in a phased manner

Updated 27 Jul, 2022 07:15pm

Pakistan

Budget 2022-23: here are revised tax rates and slabs for the salaried income group

Govt targets 'ultra' rich with new taxation slabs

Published 10 Jun, 2022 11:02pm

Pakistan

Increasing petroleum prices necessary to stabilise economy: Musadik Malik

State Minister for Petroleum Musadik Malik on Friday said that the government was compelled to take the "tough...

Published 03 Jun, 2022 05:39pm

Pakistan

No import ban on sanitary pads or diapers, clarifies Miftah Ismail

Finance Minister says govt will issue official clarification on the issue on Monday

Updated 29 May, 2022 01:54pm

Markets

Positivity returns to bourse, KSE-100 ends week up 117 points

Investor sentiment improved over reports of the government accepting IMF demands for the revival of the stalled $6 billion EFF

Published 20 May, 2022 06:21pm

Pakistan

Govt may try to liquidate unbudgeted circular debt to discredit PTI: Shaukat Tarin

Comments come as both PTI and PML-N leaders continue to trade barbs on state of Pakistan economy

Published 20 Apr, 2022 05:55pm

Perspectives

PECA Ordinance: a weapon against freedom of expression?

Various stakeholders have raised concerns over the potential of abuse of the law against criticism of government policies and individuals

Published 26 Feb, 2022 08:01pm

Pakistan

Shielding from high oil prices: Govt losing Rs70bn a month, says Shaukat Tarin

Finance minister says premier keenly exploring options for public's relief

Published 17 Feb, 2022 08:17pm

Business & Finance

Notification issued: Shaukat Tarin appointed advisor to PM on finance and revenue

Appointment on an immediate basis comes after Tarin's tenure as finance minister ended on Saturday

Published 18 Oct, 2021 11:46am

Pandora Papers expose offshore assets of heads of state, govt

WASHINGTON: More than a dozen heads of state and government, including the King of Jordan and the Czech prime...

Updated 04 Oct, 2021 09:40am

Opinion

2020-21 - the year of pandemic

The three-year ceremony of the Pakistan Tehrik-i-Insaaf (PTI) government held at the imposing conference centre in...

Published 30 Aug, 2021 06:58am

Editorials

Government and media

EDITORIAL: Surely, there's no way that the government didn't know that nobody, the press or civil society, would ...

Published 23 Aug, 2021 06:20am

Pakistan

India should refrain from using Afghan soil against Pakistan: Hekmatyar

Former PM says India should focus on its internal issues rather than issuing statements regarding Afghanistan future

Published 22 Aug, 2021 03:59pm

Pakistan

Govt will soon implement new LG system in country, says Farrukh Habib

Says the local government will help address the basic needs of the people

Updated 22 Aug, 2021 03:08pm

World

Seeking peace: Taliban say do not want enemies, women's rights to be respected

Hold their first official news conference in Kabul since the shock seizure of the city
Say new government would be formalised as soon as the unstable conditions in Kabul permit

Updated 17 Aug, 2021 10:25pm

Pakistan

Govt to ensure provision of high-quality digital services to people: Qureshi

Says it is the state's responsibility to improve the people's quality of life and economic well-being
Pakistan is one of the first countries to endorse the SDGs: FM
Preparations complete for the auction of the next-generation mobile services spectrum next month, says IT minister

Updated 08 Jul, 2021 05:01pm

Pakistan

Govt has dismantled India's terror network in Balochistan to great extent: Fawad

Says govt now intends to engage with Balochistan nationalists
Intends to complete 131 projects worth Rs731 billion in the province

Updated 06 Jul, 2021 08:22pm

Business & Finance

Petrol price up by Rs2 per litre

High speed diesel's rate increased by Rs1.44

Published 30 Jun, 2021 10:32pm

Pakistan

Tax relief extended to cars up to 1,000cc, says Tarin

Finance minister says mobile phone calls longer than five minutes will now be taxed at Rs0.75
Announces reduction in tax rates for REITs and dairy sector

Updated 25 Jun, 2021 03:51pm

World

Mexico posts 1,578 new COVID-19 cases, 36 more deaths

The government has said the real number of cases is likely significantly higher, and separate data published in March suggested the actual death toll is at least 60%

Updated 21 Jun, 2021 12:01pm

Covid Package: Rs875bn released so far

ISLAMABAD: The government has released Rs875 billion during the two years – 2019-20 and 2020-21 – from Rs1,240...

Published 08 Jun, 2021 04:09am

Sports

Australian cricketers land in Sydney after fleeing Covid-hit India

Adam Zampa, Andrew Tye and Kane Richardson had left their IPL teams ahead of the larger Australian contingent, and were due to have completed quarantine last week.

Updated 17 May, 2021 05:24pm

World

Algerian president seeks to calm social anger

But he said only 19 parties out of the 39 that had submitted their documents "meet the legal requirements".

Published 03 May, 2021 11:06am

Pakistan

Total oxygen production operational capacity increased to 798 tons, says Umar

Minister says the government has coped up in dealing with the rampant increase in the number of critical patients because of proactively building the capacity of the entire system from oxygen production to beds
The need for precautions and following SOPs is vital at this point in time as the next few weeks are critical: Umar

Published 30 Apr, 2021 10:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 1	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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