Trends - provinces - Business Recorder

provinces

Share under NFC Award: Govt may explore option of sharing debt servicing, power circular debt with provinces

Government left with only 42.5 percent from divisible pool with interest payments and circular energy debt no longer sustainable

Updated 25 May, 2024 08:29pm

Business & Finance

Services by provinces: Jul-Mar GST collection soars 23pc to Rs353.223bn YoY

ISLAMABAD: There has been an increase of 23 percent in the collection of sales tax on services (GST) by the ...

Published 07 May, 2024 06:05am

PM asks Aurangzeb to revise borrowing limit for provinces

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Finance Minister Muhammad Aurangzeb to revise borrowing limit...

Updated 03 May, 2024 09:26am

9MFY24 collection: Provinces given 53pc of total revenue under NFC Award

ISLAMABAD: The provinces were transferred 53 percent of the total tax revenue collected during the first nine months...

Updated 03 May, 2024 09:31am

MoI&P asked to settle impasse with provinces: Selling ‘un-needed’ imported urea becomes new headache for govt

ISLAMABAD: The federal cabinet has directed the Ministry of Industries and Production (MoI&P) to settle impasse...

Updated 01 Apr, 2024 08:45am

Pakistan

PML-N, PPP make fresh attempt to hand Discos over to provinces

LAHORE: The Pakistan Muslim League Nawaz (PML-N) and the Pakistan People’s Party (PPP) have reattempted to hand...

Published 21 Mar, 2024 06:11am

Opinion

Re-aligning NFC: coalition govt faces a challenge from within

Reportedly, the IMF (International Monetary Fund) has requested resumption of dialogue on the National Finance...

Published 18 Mar, 2024 04:56am

Six months: Centre transfers Rs2,435.349bn to provinces

ISLAMABAD: The federal government has transferred Rs2,435.349 billion to the provinces during the first six months...

Updated 28 Feb, 2024 10:14am

PTI chairman says his party will form govts in Centre, KP and Punjab

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman Barrister Gohar Ali Khan on Saturday claimed that the party would...

Updated 11 Feb, 2024 02:07pm

Business & Finance

Provinces: H1FY24 sales tax collection on services increases by 23.44pc YoY

ISLAMABAD: The sales tax on services collection by the provinces has increased by 23.44 percent during the first six...

Updated 06 Feb, 2024 09:05am

Q1: Provinces’ budget surplus dips 76pc YoY

ISLAMABAD: The provinces have generated a budget surplus of Rs51.403 billion in the first quarter of the ongoing...

Updated 09 Dec, 2023 04:34pm

Projects: Centre facing resistance from provinces

Resistance faced on proposed plan to scrap 137 non-starter projects and transfer 49 projects with up to 20 percent progress to provinces

Updated 13 Nov, 2023 09:56am

Sindh CM urges PM to remove impediments to 5 major projects

KARACHI: Caretaker Chief Minister Sindh, former Justice Maqbool Baqar in his meeting with Prime Minister...

Updated 07 Nov, 2023 09:17am

Centre doubts ability of provinces to run Discos credibly

Power Division has been directed to move a summary to scrap the decision regarding provincialisation of power Distribution Companies

Updated 07 Nov, 2023 09:59am

Business & Finance

Rs66bn more than target: Jul-Oct provisional collection stands at Rs2.748trn

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs2,748 billion during the first four...

Updated 01 Nov, 2023 09:05am

Govt closes Q1 with budget deficit of 0.9pc of GDP

ISLAMABAD: The government has closed the first quarter of the current fiscal year (July-Sept 2023-24) with a budget...

Updated 26 Oct, 2023 09:02am

Hundreds of uplift projects face the axe

These also include non-starter projects

Updated 26 Oct, 2023 09:53am

Editorials

Equal sharing with provinces

EDITORIAL: According to a Business Recorder exclusive, the caretaker federal government has directed all relevant...

Published 23 Oct, 2023 05:58am

Sindh, Punjab to face water shortage in Rabi season

ISLAMABAD: The IRSA Advisory Committee (IAC) has projected 15 percent water shortage of Punjab and Sindh during Rabi...

Updated 03 Oct, 2023 08:41am

Upcoming NFC: FD seeks proposals from ministries, provinces

ISLAMABAD: The Finance Division has sought proposals from federal ministries and provinces for the upcoming National...

Updated 03 Oct, 2023 09:14am

Shamshad seeks greater role of provinces towards meeting targets

ISLAMABAD: Caretaker Finance Minister, Dr Shamshad Akhtar, has asked the caretaker provincial governments to ensure...

Updated 28 Sep, 2023 09:57am

Provincial nature PSDP projects: Centre decides to make it mandatory for provinces to share 50pc cost

ISLAMABAD: The caretaker federal government has reportedly decided to make it mandatory for the provinces to share...

Updated 25 Sep, 2023 09:33am

Opinion

Balochistan falls behind

Balochistan is the smallest province of Pakistan, with a share of 6.2% in the national population, according to the...

Published 12 Sep, 2023 06:56am

Opinion

The population bulge

The results of the seventh Population and Housing Census of Pakistan in 2023 have been announced recently by the...

Updated 05 Sep, 2023 07:08am

Provinces, LEAs to be taken on board: PM asks power sector to act against defaulters

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar has asked the power sector to take immediate action against...

Updated 05 Sep, 2023 09:59am

Pakistan

President approves reconstitution of NEC

ISLAMABAD: President Dr Arif Alvi has approved the reconstitution of the National Economic Council (NEC) – a...

Published 02 Sep, 2023 06:30am

Markets

Transfer of DISCOs to provinces: PC asks govt to revisit uniform tariff

ISLAMABAD: The Privatisation Commission has proposed the government to revisit the uniform tariff prior to the...

Published 03 Aug, 2023 05:54am

Energy ministry (PD): ECC approves Rs2.275bn TSG for uplift schemes’ execution

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Technical Supplementary Grant (TSG)...

Updated 30 Jul, 2023 09:55am

Business & Finance

PAC chairman for lifting ban on opening new petrol pumps

ISLAMABAD: The Public Accounts Committee (PAC) Chairman, Noor Alam Khan on Friday reiterated that the committee’s...

Published 15 Jul, 2023 06:08am

Pakistan

Senate panel puts on hold two bills seeking ‘new provinces’

ISLAMABAD: The Senate Standing Committee on Law and Justice, on Tuesday, unanimously, decided that two ...

Published 12 Jul, 2023 06:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	156.89
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.09

Stock	Volume
S&P 500 / May 27	5304.72
Nasdaq / May 27	16920.79
Dow Jones / May 27	39069.59
India Sensex / May 28	75437.68
Tokyo Nikkei / May 28	38855.37
Hang Seng / May 28	18837.33
FTSE 100 / May 28	8306.71
Germany DAX 30 / May 28	18823.58

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	78.74
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2343.50
Cotton US¢/pound / May 28	80.76
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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