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PSDP

Aurangzeb assures NA: M-6 Motorway to be included in FY26 PSDP

ISLAMABAD: The federal government on Thursday reassured Pakistan People’s Party (PPP) – a key coalition partner –...

Updated 16 May, 2025 08:58am

Budget 2025-26

Only uplift-oriented projects be included in PSDP: minister

ISLAMABAD: Federal Minister for Planning, Development and Reforms, Ahsan Iqbal Tuesday emphasised that only those...

Updated 14 May, 2025 09:21am

Business & Finance

Uplift projects: Ministry authorises Rs894.1bn in 10 months

ISLAMABAD: Ministry of Planning, Development and Special Initiatives has authorised a total of Rs894.1 billion...

Updated 12 May, 2025 08:58am

IMF targets: ECC orders Rs50bn reallocation from PSDP to PD

Forum informed that QESCO was experiencing difficulties in retrieval of material

Updated 12 May, 2025 02:24pm

Pakistan

PSDP 2025-26: Planning minister briefed about priority projects in different sectors

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal chaired a crucial meeting...

Published 11 May, 2025 02:45am

Rs757m allocated as provisional IBCs for PD

ISLAMABAD: Finance Division has reportedly allocated Rs757.336 million as provisional Indicative Budget Ceilings...

Updated 10 May, 2025 02:39pm

Ministry seeks Rs1.6trn PSDP: FY26 budget on June 2

ISLAMABAD: The federal government Thursday announced that federal budget for fiscal year 2025-26 will be presented...

Updated 09 May, 2025 03:20pm

2.4% of GDP: Jul-Mar budget deficit stands at Rs2.97trn

ISLAMABAD: Pakistan’s budget deficit was recorded at Rs2.97 trillion (2.4 percent of the GDP) in the first nine...

Updated 14 May, 2025 05:42pm

Ministries asked to align their projects with ‘URAAN’

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal directed the relevant...

Updated 08 May, 2025 08:44am

Markets

Jul ’24 to Mar ’25: Discos’ ‘inefficiencies’ result in Rs221bn loss: PD

ISLAMABAD: The Power Division claims that inefficiencies of DISCOs (excess losses and under recoveries) for the...

Published 26 Apr, 2025 02:57am

Gradual recovery likely in LSM sector, says FD

ISLAMABAD: Finance Division has said that amid continued contraction, gradual recovery is expected in Large Scale...

Updated 25 Apr, 2025 08:42am

Business & Finance

Funds as needed: PAOs told to hand over projected savings by 30th

ISLAMABAD: The Finance Division has directed all principal accounting officers (PAOs) to surrender anticipated...

Published 24 Apr, 2025 04:11am

Pakistan

Funds as needed: PAOs told to hand over projected savings by 30th

ISLAMABAD: The Finance Division has directed all principal accounting officers (PAOs) to surrender anticipated...

Published 24 Apr, 2025 04:11am

Rs664.62bn out of Rs1.1trn authorised under PSDP

ISLAMABAD: Ministry of Planning, Development and Special Initiatives has authorised a total of Rs664.62 billion...

Updated 19 Apr, 2025 03:30pm

Expanding OMC network in Balochistan: stepped-up action ordered

ISLAMABAD: The Prime Minister’s Office (PMO) has directed the concerned ministries to expedite implementation on...

Updated 08 Apr, 2025 10:23pm

PSDP: PM wants fund allocation to high impact projects

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Ministry of Planning, Development and Special Initiatives...

Updated 03 Apr, 2025 09:26am

Editorials

Need for national reconciliation

EDITORIAL: Speaking at a special session of the Parliamentary Committee on National Security soon after the ...

Published 29 Mar, 2025 02:58am

Editorials

Development hijacked by political expediency

EDITORIAL: If there were any hopes that the PML-N-led coalition government would break from tradition and adopt a...

Published 22 Mar, 2025 02:47am

Opinion

Rethinking public-private partnership regime

Public Private Partnership (PPP) regime in Pakistan, although still in its infancy, has made significant strides in...

Published 20 Mar, 2025 06:13am

PSDP 2025-26: Water projects worth Rs424bn proposed

Secretary of Ministry of Water Resources Syed Ali Murtaza shares details of the Public Sector Development Program

Updated 20 Mar, 2025 12:37pm

Pakistan

NA panel informed: PSDP allocations for PR revised downward

ISLAMABAD: The National Assembly Standing Committee on Pakistan Railways (PR) was informed that the Ministry of...

Published 05 Mar, 2025 02:51am

Editorials

Urgency of population control

EDITORIAL: Observations by banking sector experts at the Pakistan Banking Summit 2025 should have given policymakers...

Published 02 Mar, 2025 02:44am

Pakistan

NA panel supports more taxation on unhealthy products

ISLAMABAD: The Standing Committee of National Health Services has supported the suggestion of further taxation on...

Published 01 Mar, 2025 06:28am

MoE, affiliated depts: PD panel examines budget proposals for PSDP

ISLAMABAD: A meeting of the Standing Committee on Energy (Petroleum Division) was convened on Thursday to examine...

Updated 28 Feb, 2025 09:15am

FY25 PSDP covers 1,071 projects, NA panel told

ISLAMABAD: A parliamentary committee was informed on Thursday that the Public Sector Development Programme (PSDP)...

Updated 28 Feb, 2025 08:46am

Pakistan

Uplift projects: NA body for transparency in fund utilisation

ISLAMABAD: The National Assembly Standing Committee on Planning, Development, and Special Initiatives stressed the...

Published 27 Feb, 2025 08:43am

Pakistan

Education ministry unveils proposed PSDP of Rs42.585bn

ISLAMABAD: The Ministry of Federal Education and Professional Training unveiled its Public Sector Development ...

Published 27 Feb, 2025 08:27am

PD proposes Rs392.5bn PSDP for in-house projects

ISLAMABAD: The Power Division has proposed a Public Sector Development Program (PSDP) of Rs 392.5 billion for...

Updated 27 Feb, 2025 09:23am

Pakistan

NA panel questions usefulness of Rs6.4bn MNFS&R project

ISLAMABAD: A parliamentary panel on Tuesday raised serious questions about the Ministry of National Food Security ...

Published 26 Feb, 2025 08:02am

Business & Finance

Maritime affairs: NA panel approves Rs3bn PSDP proposals

ISLAMABAD: The National Assembly Standing Committee on Maritime Affairs has approved Rs3.046 billion under Public...

Published 26 Feb, 2025 06:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	281.70
USD PKR Interbank Buying / May 16	281.50
USD to Japanese Yen / May 16	145.21
USD to Swiss Franc / May 16	0.83
Pound Sterling to USD / May 16	1.33
Euro to USD / May 16	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 15	5,916.93
Nasdaq / May 15	19,112.32
Dow Jones / May 15	42,322.75
India Sensex / May 16	82,241.91
Tokyo Nikkei / May 16	37,762.61
Hang Seng / May 16	23,345.94
FTSE 100 / May 16	8,686.51
Germany DAX 30 / May 16	23,854.97
France CAC40 / May 16	7,901.67

Item	Value
Karachi Cotton PKR/37.32 KG / May 15	16,985
Gold 10 Grams PKR / May 15	287,379
Crude Oil USD/Barrel / May 16	61.55
Gold Spot USD/Ounce / May 16	3,224.61
Cotton US¢/pound / May 16	65.53
Petrol/Litre / May 17	252.63
Diesel/Litre / May 17	254.64

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / May 16 First Equity Modaraba(FEM)	3.45 ▲ 0.6 (21.05%)
Pak. P.V.C. / May 16 Pakistan PVC Limited(PPVC)	8.40 ▲ 1 (13.51%)
First Capital Equities / May 16 First Capital Equities Limited(FCEL)	4.50 ▲ 0.52 (13.07%)
Dewan Mushtaq / May 16 Dewan Mushtaq Textile Mills Limited(DMTM)	10.83 ▲ 1 (10.17%)
AN Textile Mills / May 16 AN Textile Mills Limited(ANTM)	13.06 ▲ 1.19 (10.03%)
Sitara Peroxide / May 16 Sitara Peroxide Limited(SPL)	13.73 ▲ 1.25 (10.02%)
Fast Cables / May 16 Fast Cables Limited(FCL)	24.16 ▲ 2.2 (10.02%)
Pak Synthetics / May 16 Pakistan Synthetics Limited(PSYL)	62.34 ▲ 5.67 (10.01%)
Bawany Air Products / May 16 Bawany Air Products Limited(BAPL)	44.17 ▲ 4.02 (10.01%)
Kohinoor Mills / May 16 Kohinoor Mills Limited(KML)	32.09 ▲ 2.92 (10.01%)

Stock	Price
Parmount Sp. / May 16 Paramount Spinning Mills Limited(PASM)	3.16 ▼ -0.54 (-14.59%)
Tariq Corp.Pref. / May 16 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.14 ▼ -0.97 (-11.96%)
TPL Life Insur. / May 16 TPL Life Insurance Limited(TPLL)	47.57 ▼ -5.27 (-9.97%)
Apna Microfin. / May 16 Apna Microfinance Bank Limited(AMBL)	9.05 ▼ -0.99 (-9.86%)
Crescent Cotton / May 16 Crescent Cotton Mills Limited(CCM)	48.20 ▼ -5.26 (-9.84%)
Ellcot Spinning / May 16 Ellcot Spinning Mills Limited(ELSM)	101.65 ▼ -10.54 (-9.39%)
East West Ins. / May 16 East West Insurance Company Limited(EWIC)	52 ▼ -5.29 (-9.23%)
Shams Textile / May 16 Shams Textile Mills Limited(STML)	24.30 ▼ -2.43 (-9.09%)
B. F. Mod. / May 16 B.F. Modaraba(BFMOD)	7.95 ▼ -0.78 (-8.93%)
Olympia Mills / May 16 Olympia Mills Limited(OML)	46.20 ▼ -4.27 (-8.46%)

Stock	Volume
At-Tahur Ltd. / May 16 At-Tahur Limited(PREMA)	44,317,984 ▲ 0.21
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	32,148,988 ▼ -0.18
Lotte Chemical / May 16 Lotte Chemical Pakistan Limited(LOTCHEM)	28,049,504 ▲ 1.31
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	24,229,848 ▼ -0.52
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	18,507,342 ▼ -0.04
Pak Elektron / May 16 Pak Elektron Limited(PAEL)	18,144,829 ▼ -1.47
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	16,543,964 ▼ -0.02
Fauji Foods Ltd / May 16 Fauji Foods Limited(FFL)	15,849,609 ▲ 0.05
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,650,899 ▲ 0.64
Sui South Gas / May 16 Sui Southern Gas Company Limited(SSGC)	14,606,631 ▼ -1.2

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