Trends - petroleum levy - Business Recorder

petroleum levy

Govt collects Rs75bn PL in July

ISLAMABAD: The government collected Rs 75 billion in July 2023 on account of petroleum levy (PL), a key source of...

Updated 22 Aug, 2023 08:56am

Editorials

Continuity of policies

EDITORIAL: Caretaker Prime Minister Anwaarul Haq Kakar has pledged to continue the economic policies of the outgoing...

Published 21 Aug, 2023 06:43am

Prices of petrol, diesel increased by upto Rs20

ISLAMABAD: The caretaker government has announced an increase in the ex-depot price of petroleum products up to Rs...

Updated 16 Aug, 2023 09:18am

Business & Finance

Govt hikes petrol and HSD prices, albeit ‘reluctantly’

ISLAMABAD: The coalition government of Pakistan Muslim League-Nawaz (PML-N) has allowed a significant raise of ...

Published 02 Aug, 2023 06:47am

OCAC assails Ogra’s HSD price cut decision

ISLAMABAD: The Oil Companies Advisory Council (OCAC) blamed the Oil and Gas Regulatory Authority (OGRA) that forced...

Updated 18 Jul, 2023 08:59am

Petrol price slashed by Rs9, HSD’s by Rs7

ISLAMABAD: The federal government has reduced petroleum products prices by up to Rs9 per litre. In a televised press...

Updated 16 Jul, 2023 09:21am

Pakistan

Ishaq Dar notifies Rs9 per litre reduction in petrol price

Petrol to be priced at Rs253, diesel's rate sees cut of Rs7 to stand at Rs253.5 per litre

Published 15 Jul, 2023 10:43pm

Editorials

Fiscal imbalance

EDITORIAL: The gap between the boom-and-bust cycle is contracting in Pakistan, indicated by the staff-level ...

Published 10 Jul, 2023 06:52am

Editorials

Inflation down MoM

EDITORIAL: Consumer Price Index (CPI) for June dropped by 8.6 percentage points compared to the month before – ...

Published 05 Jul, 2023 06:00am

Construction of bonded warehouses: Policy introduced to facilitate foreign oil firms

LAHORE: Minister of State for Petroleum Dr Musadik Malik said on Wednesday that government had introduced a new...

Updated 29 Jun, 2023 03:21pm

Petrol price: relief likely

ISLAMABAD: Consumers may get a relief of Rs6.50 per litre on account of cut in price of petrol effective from July...

Updated 29 Jun, 2023 03:24pm

Business & Finance

Bonded Bulk Storage Policy will end fuel hoarding, reduce pressure on rupee: Musadik Malik

Minister says second Russian oil shipment has reached Pakistan

Updated 28 Jun, 2023 08:16pm

PL: Hike may not be levied in one go

Ministry of Finance officials say concern at this time was creating sufficient fiscal space that would satisfy the IMF

Updated 28 Jun, 2023 01:06pm

Business & Finance

Petrol, diesel prices to remain unchanged: Ishaq Dar

Prices of petrol and high-speed diesel are Rs262 and Rs253 per litre

Updated 15 Jun, 2023 10:13pm

Petrol price likely to decline

ISLAMABAD: The price of motor spirit (MS) is likely to decline by Rs1.90 per litre but the high-speed diesel (HSD)...

Updated 15 Jun, 2023 09:01am

Amendment to Ordinance sought: MoF for transfer of petroleum levy fixation power to Cabinet

ISLAMABAD: The Ministry of Finance has proposed an amendment to the Petroleum Products (Petroleum Levy) Ordinance,...

Updated 14 Jun, 2023 08:59am

BR Research

Petroleum Levy: Achievable like never before

While the federal budget FY24 may well be more of a wish-list, the government seems to have got the expectations...

Published 12 Jun, 2023 08:36am

Markets

Ogra slashes price of domestic LPG cylinder

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA), on Thursday, slashed the price of domestic 11.8 kg LPG...

Published 02 Jun, 2023 03:56am

Editorials

Reduction in POL products’ prices

EDITORIAL: Petrol price was slashed by 12 rupees per litre and high speed diesel’s 30 rupees per litre while...

Published 18 May, 2023 06:10am

Business & Finance

POL products’ prices cut on world market, exchange rate decline

ISLAMABAD: The government has reduced the retail price of petroleum products on account of a decline in the...

Published 17 May, 2023 06:22am

Business & Finance

POL products’ prices kept unchanged

ISLAMABAD: The federal government on Friday kept the prices of petrol and high-speed diesel (HSD) unchanged for the...

Published 01 Apr, 2023 07:21am

Editorials

IMF and the stalled bailout

EDITORIAL: Dr Aisha Ghous Pasha, Minister of State for Finance, became the latest in a line of senior cabinet ...

Published 31 Mar, 2023 06:45am

Up to Rs14 cut in ex-depot fuel prices likely

ISLAMABAD: Federal government may announce a substantial reduction in ex-depot fuel prices up to Rs14 per litre ...

Updated 30 Mar, 2023 08:31am

Business & Finance

Ogra convenes meeting on exchange rate mechanism

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has convened a meeting to brief and align all the ...

Published 18 Mar, 2023 06:14am

Fuel prices increased

ISLAMABAD: The federal government Thursday allowed a substantial raise in the prices of petroleum products, ie, up ...

Updated 16 Mar, 2023 09:59am

PL on HSD to go up by Rs5/litre

ISLAMABAD: The federal government is most likely to increase the petroleum levy (PL) on high-speed diesel (HSD) by...

Updated 15 Mar, 2023 08:50am

PL: Govt projects Rs175bn revenue shortfall

The government expected to raise rate of PL on high-speed diesel by Rs 5 to Rs 50 per litre

Updated 04 Mar, 2023 09:03am

Business & Finance

Petrol price reduced by Rs5; diesel’s remains unchanged

ISLAMABAD: Federal government on Tuesday has announced to roll back per litre ex-depot price of petrol by Rs 5 per...

Published 01 Mar, 2023 06:21am

First half of March: Fuel prices may be kept unchanged by adjusting PL

ISLAMABAD: The federal government may keep the prices of fuel unchanged in the first half of March (1-15) by...

Updated 28 Feb, 2023 09:35am

Business & Finance

Low-income segment to remain largely unaffected from gas tariff hike: Musadik Malik

Says government tried its best not to impose burden on low-income segment

Published 17 Feb, 2023 02:24pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 17	278.60
USD PKR Interbank Buying / Apr 17	277.40
USD to Japanese Yen / Apr 17	154.32
USD to Swiss Franc / Apr 17	0.91
Pound Sterling to USD / Apr 17	1.25
Euro to USD / Apr 17	1.07

Stock	Volume
S&P 500 / Apr 17	5022.21
India Sensex / Apr 17	72943.68
Tokyo Nikkei / Apr 17	37961.80
Nasdaq / Apr 17	15683.37
Hang Seng / Apr 17	16251.84
FTSE 100 / Apr 17	7847.99
Dow Jones / Apr 17	37735.31
Germany DAX 30 / Apr 17	17770.02

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Crude Oil USD/Barrel / Apr 17	82.84
Gold 10 Grams PKR / Apr 17	215964
Gold Spot USD/Ounce / Apr 17	2366.21
Cotton US¢/pound / Apr 17	81.33
Petrol/Litre / Apr 18	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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