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nadeem babar

Petroleum leases, licences: Ex-SAPM’s order cost exchequer Rs1.2bn: AGP

Updated 17 May, 2024 09:27am

ISLAMABAD: The Auditor General for Pakistan (AGP) has pointed out that due to the interference of the former Special...

PARTLY FACETIOUS: Journalists and generalists

Published 30 Nov, 2022 05:53am

“We are a nation of generalists.” “I don’t get you.” “We have a law minister who has a commerce degree,...

PARTLY FACETIOUS: Something about the Dark Ages

Published 11 Dec, 2021 04:12am

“We are living in the dark ages.” “Just because you don’t have gas for cooking and heating doesn’t mean...

'SAPMs and advisers'

Published 27 Sep, 2021 05:51am

This is apropos a Business Recorder op-ed 'SAPMs & Advisers' carried by the newspaper yesterday. I have a...

SAPMs & Advisers

Published 25 Sep, 2021 04:59am

Special Assistant to the Prime Minister (SAPM) on power and petroleum Tabish Gauhar once again resigned from his ...

What was behind CCoE meeting cancellation?

Published 14 Jul, 2021 02:06am

ISLAMABAD: Power Division is said to have started showing cold shoulder to Minister for Planning, Development and...

Tabish Gohar being removed?

Updated 09 Jul, 2021 10:40am

ISLAMABAD: The federal capital is abuzz with speculation that Special Assistant to the Prime Minister on Power and...

CCoE to take stock of power situation today

Published 01 Jul, 2021 04:09am

ISLAMABAD: The country is facing outages of 6-18 hours due to shortfall of about 7500 MW in electricity generation...

Out of the frying pan?

Published 27 Jun, 2021 03:56am

Pakistan’s power sector seems to be a victim of déjà vu. Last year, the nation was gripped by a fuel shortage...

Wholesale power market: CPPA-G putting finishing touches to rules

Published 23 Jun, 2021 04:26am

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) is giving final touches to rules for the...

ECC all set to consider KE-public sector entities AA

Updated 19 May, 2021 09:43am

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to consider draft Arbitration...

Portfolios of some key federal secretaries changed

Published 18 May, 2021 05:05am

ISLAMABAD: In a major reshuffle, the federal government Monday changed portfolios of some key federal secretaries....

MoE to submit new refinery policy to ECC next week

Published 22 Apr, 2021 03:55am

ISLAMABAD: Ministry of Energy (MoE) is likely to submit new refinery policy to the Economic Coordination Committee...

Illegalities, irregularities by OMCs: Cabinet asks Ogra to redefine punitive measures

Published 10 Apr, 2021 04:34am

ISLAMABAD: The Federal Cabinet has directed Oil and Gas Regulatory Authority (Ogra) to redefine punitive measures ...

PML-N for putting names of Hafeez, Babar on ECL

Published 31 Mar, 2021 05:42am

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) has demanded that the names of recently fired cabinet members ...

Gauhar re-designated as SAPM on power and petroleum

Published 31 Mar, 2021 05:42am

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Power Tabish Gauhar was given, on Tuesday, additional...

Tabish Gauhar becomes SAPM on Power & Petroleum amid Nadeem Babar removal

Published 30 Mar, 2021 12:10pm

"The Prime Minister has been pleased to re-designate, Mr. Tabish Gauhar, Special Assistant to the Prime Minister on Power as Special Assistant to the Prime Minister on Power and Petroleum, on honorary basis, with immediate effect.”

Azhar to become new finance minister: PM removes Hafeez over ‘price hike’

Published 30 Mar, 2021 05:45am

ISLAMABAD: Prime Minister Imran Khan has decided to remove Finance Minister Dr Abdul Hafeez Shaikh as Finance...

Bilawal says PPP to file review petition against IHC verdict

Updated 28 Mar, 2021 10:52am

KARACHI: Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari on Saturday announced that his party would...

Petroleum shortages: SAPM on petroleum asked to step down

Published 27 Mar, 2021 05:41am

ISLAMABAD: Special Assistant to the Prime Minister on Petroleum, Nadeem Babar, has been asked by Prime Minister ...

Nadeem Babar has been asked to resign by PM Imran over petrol crises: Asad Umar

Updated 26 Mar, 2021 08:03pm

"Secretary for Petroleum Division (Mian Asad Hayauddin) will also be asked to report to the Establishment Division once his replacement is finalised," Umar said.
The FIA would bring forward the report carrying out a forensic audit within 90 days, he added.

Investigation by inquiry commission: Cabinet asks PD to take action against OMCs

Published 23 Mar, 2021 04:37am

ISLAMABAD: The federal cabinet has directed Petroleum Division to take action against Oil Marketing Companies (OMCs)...

Summary on circular debt approved by CCoE

Published 16 Mar, 2021 04:43am

ISLAMABAD: The Cabinet Committee on Energy (CCoE) Monday approved the summary presented by the Power Division to...

BMG chief welcomes signing of contract

Published 28 Feb, 2021 04:55am

KARACHI: Businessmen Group (BMG) chairman and a former president of the Karachi Chamber of Commerce and Industry...

This financial expert told us about the Pakistan, Qatar LNG deal weeks ago

Published 27 Feb, 2021 11:16am

He said that the deal would be a long-term contract for 2 cargos per month at 20-25 percent discount to the existing deal.

New LNG deal signed; shipments to start in Jan

Energy sector reforms are the part of government policy to improve energy economics and secure gas and oil supplies across the country.

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KSE30
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Sep 30	157.84
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.33
Euro to USD / Sep 30	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
India Sensex / Sep 30	72,480.29
Tokyo Nikkei / Sep 30	66,753.72
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
FTSE 100 / Sep 30	10,606
Dow Jones / Sep 30	50,906.05
Germany DAX 30 / Sep 30	25,199.19
France CAC40 / Sep 30	7,964.51

Item	Value
Crude Oil USD/Barrel / Sep 30	90.56
Karachi Cotton PKR/37.32 KG / Sep 30	18,680
Gold 10 Grams PKR / Sep 30	378,631
Gold Spot USD/Ounce / Sep 30	4,154.77
Cotton US¢/pound / Sep 30	78.52
Petrol/Litre / Oct 1	387.54
Diesel/Litre / Oct 1	402.24

Gainers
Losers
Leaders

Stock	Price
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
D.M. Corporation / Oct 1 D.M. Corporation Limited(DMC)	179.89 ▲ 14.56 (8.81%)
Ansari Sug. / Oct 1 Ansari Sugar Mills Limited(ANSM)	24.75 ▲ 1.94 (8.51%)
United Brands / Oct 1 United Brands Limited(UBDL)	29.40 ▲ 2.27 (8.37%)
First IBL Mod. / Oct 1 First IBL Modaraba(FIBLM)	15.99 ▲ 1.15 (7.75%)
Nadeem Tex. / Oct 1 Nadeem Textile Mills Limited(NATM)	75 ▲ 5 (7.14%)
Ali Asghar / Oct 1 Ali Asghar Textile Mills Limited(AATM)	44.99 ▲ 2.8 (6.64%)
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	189.77 ▲ 11.33 (6.35%)
First Capital Equities / Oct 1 First Capital Equities Limited(FCEL)	5.45 ▲ 0.29 (5.62%)
PICIC Ins.Ltd. / Oct 1 PICIC Insurance Limited(PIL)	5.05 ▲ 0.25 (5.21%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	120 ▼ -44.01 (-26.83%)
Azgard Nine (Non-Voti) / Oct 1 Azgard Nine (Non-Voti)(ANLNV)	7.44 ▼ -1 (-11.85%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
Power Cem(Pref) / Oct 1 Power Cement (Pref)(POWERPS)	29.30 ▼ -3.19 (-9.82%)
Karam Ceramics / Oct 1 Karam Ceramics Limited(KCL)	155.01 ▼ -16.44 (-9.59%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	46 ▼ -4.57 (-9.04%)
Asia Ins. / Oct 1 Asia Insurance Company Limited(ASIC)	33.10 ▼ -2.75 (-7.67%)
AN Textile Mills / Oct 1 AN Textile Mills Limited(ANTM)	75.11 ▼ -5.41 (-6.72%)
Ideal Dynamics / Oct 1 Ideal Dynamics Limited(IDEAL)	45.01 ▼ -3.08 (-6.4%)
Bela Auto / Oct 1 Bela Automotives Limited(BELA)	66.10 ▼ -4.14 (-5.89%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	2,844,040 ▲ 0.15
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	1,218,210 ▲ 0.18
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	949,985 ▼ -2.9
Yousuf Weaving / Oct 1 Yousaf Weaving Mills Limited(YOUW)	623,871 ▲ 0.19
Aisha Steel Mills / Oct 1 Aisha Steel Mills Limited(ASL)	576,574 ▲ 0.49
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	491,041 ▲ 0.13
Oilboy Energy / Oct 1 Oilboy Energy Limited(OBOY)	453,778 ▲ 0.16
JS Investments / Oct 1 JS Investments Limited(JSIL)	395,001 ▼ -0.72
K-Electric Ltd. / Oct 1 K-Electric Limited(KEL)	380,229 ▲ 0.04
Hub Power Co. / Oct 1 The Hub Power Company Limited(HUBC)	364,613 ▲ 0.83

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