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IPPs

To be applicable from July 1, 2023: Govt set to approve transition of LIBOR to ‘SOFR’

ISLAMABAD: The government is all set to approve transition of London Interbank Offer Rate (LIBOR) to Secured Over...

Updated 19 Sep, 2023 09:10am

Opinion

Moving from failure to failure successfully?

Winston Churchill said, ‘Success is the ability to go from one failure to another with no loss of enthusiasm’....

Published 18 Sep, 2023 07:14am

Future of Discos: Govt advised to take stakeholders into confidence

Annual financial loss of Discos is around Rs 600 billion on account of losses and under recovery

Updated 18 Sep, 2023 10:29am

Pakistan

‘JI will approach SC to ensure elections within 90 days’

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has said the JI would approach the Supreme Court to ensure that...

Published 13 Sep, 2023 06:17am

Opinion

Nationalise the IPPs

In Gordium, the capital of Phrygia (ancient Greece), legend had it that whoever could untie an oxcart tied by a...

Updated 13 Sep, 2023 06:44am

Markets

Traders for nationalisation of IPPs

LAHORE: Chairman Supreme Council All Pakistan Anjuman-e-Tajiran Naeem Mir on Tuesday said government should consider...

Published 13 Sep, 2023 06:17am

Aug electricity bills: Consumers hit by Rs7.64 to Rs15 per unit hike: PD

ISLAMABAD: The Power Division has revealed that domestic and commercial consumers have been hit by Rs 7.64 to Rs....

Updated 12 Sep, 2023 09:34am

Power sector quagmire: Implementation of 3-pronged strategy begins

Sources say government will start energy conservation drive from next month, engage with Chinese top leadership and top bosses of Chinese power plants, and crackdown on electricity theft from Sept 7

Updated 08 Sep, 2023 11:44am

Pakistan

Traders term meeting with COAS ‘a ray of hope’

KARACHI: Zubair Tufail President United Business Group (UBG) has said that the Army Chief General Asim Munir’s...

Published 07 Sep, 2023 06:21am

Opinion

Renewable energy: solution to energy crisis

The power sector of Pakistan has remained under severe stress for more than two decades. To fill the gap between...

Published 06 Sep, 2023 03:37am

Markets

PSA concerned over change in net metering policy

LAHORE: The Pakistan Solar Association (PSA) has expressed concerns over the much-likely change in the net metering...

Published 06 Sep, 2023 03:37am

Opinion

Have the people risen?

Arriving on the back of backbreaking inflation across the board, the increased tariff in electricity bills has ...

Updated 05 Sep, 2023 07:12am

Power projects under CPEC: Contract renegotiation proposals may again be floated

ISLAMABAD: Pakistan is likely to again float proposals to Chinese government for renegotiation on contracts of power...

Updated 05 Sep, 2023 09:09am

Pakistan

QWP demands audit of deals with IPPs

PESHAWAR: Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao on Saturday said an audit should be conducted...

Published 03 Sep, 2023 02:59am

Opinion

Caretakers and a trembling economy

Elections are the backbone of a strong democratic process. Free and fair elections and a smooth transfer of power...

Published 03 Sep, 2023 02:59am

Business & Finance

PBF demands govt withdraw ‘inflated’ power bills immediately

KARACHI: Pakistan Business Forum (PBF) demanded the government withdraw the inflated electricity bills which are...

Published 03 Sep, 2023 02:59am

Opinion

Public sentiment taken for granted

The public sentiment has mostly been taken for granted by the governments and the parliamentarians as a class with ...

Updated 02 Sep, 2023 07:59am

Business & Finance

Capacity payments to IPPs: Caretakers must invoke ‘force majeure’: FCCI chief

FAISALABAD: Caretakers must invoke “force majeure” to stop capacity payments to the IPPs in prevailing...

Published 01 Sep, 2023 05:41am

Power sector woes: ‘Privatisation’ of Discos emerges as long-term solution

ISLAMABAD: The government had the only viable option to spread electricity bills of July in the next four to five...

Updated 01 Sep, 2023 11:09am

Gohar advocates restoration of zero-rated regime

ISLAMABAD: Caretaker Federal Minister for Commerce, Gohar Ejaz, apprised the Senate Standing Committee on Commerce...

Updated 31 Aug, 2023 09:02am

SC moved against PPIB (amendment) Act

ISLAMABAD: The Supreme Court has been urged to declare the Private Power and Infrastructure Board (Amendment) Act,...

Updated 31 Aug, 2023 09:03am

Senate panel seeks list of power defaulters

ISLAMABAD: A meeting of the Senate Standing Committee on Finance has sought the list of electricity defaulters and...

Updated 29 Aug, 2023 10:00am

Editorials

Caretakers’ flawed approach to power bills

EDITORIAL: Spontaneous resistance to the July electricity bills, as opposed to a politically engineered resistance ...

Updated 29 Aug, 2023 06:40am

Opinion

Future drivers of country’s growth

The incumbent government, in the very last leg of its tenure, has sowed the seeds of agriculture, mineral and mines,...

Published 05 Aug, 2023 06:00am

Settlement of dues of IPPs/GPPs: FD seeks expenditure details of Rs601bn extended to PD

ISLAMABAD: The Finance Division has sought expenditure details of Rs 601 billion extended to the Power Division to...

Updated 01 Aug, 2023 09:13am

Opinion

Power sector remains Pakistan’s Achilles heel

The power sector continues to be a major source of concern with circular debt a high of 2.6 trillion rupees at...

Published 31 Jul, 2023 06:43am

Rs7.50 per unit hike in basic power tariff okayed by Nepra

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Monday gave its nod for increase in basic...

Updated 25 Jul, 2023 09:15am

Editorials

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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