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PSDP

Budgeted allocation for PSDP projects: Planning ministry authorises Rs507.98bn

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has authorised Rs507.98 billion (54...

Updated 11 May, 2024 09:45am

PSDP’s FIIP: Finance Division to hire project director

ISLAMABAD: The Finance Division has decided to hire a project director for the Public Sector Development...

Updated 21 Apr, 2024 09:20am

Opinion

Ending hopium—II

SIFC (Special Investment Facilitation Council) and the last Caretaker Government had taken the elephant steps on...

Published 18 Apr, 2024 03:24am

Development budget: Ministry decides to ban allocation of fund for ERRA

ISLAMABAD: Ministry of Planning, Development and Special Initiatives has decided to ban allocation of funds for...

Updated 11 Apr, 2024 10:36am

Business & Finance

KP depts pledge strict compliance with ST Regulations

PESHAWAR: Secretaries of Communication and Works Department and Energy and Power Department announced to ensure...

Published 23 Mar, 2024 05:41am

Expenditure: Higher mark-up payments putting significant pressure: Finance

ISLAMABAD: The Finance Ministry has stated that higher mark-up payments are putting significant pressure on...

Updated 01 Mar, 2024 09:06am

Ministry issues guidelines for PSDP 2024-25

ISLAMABAD: Ministry of Planning, Development and Special Initiatives has issued guidelines for Public Sector...

Updated 28 Feb, 2024 08:56am

Ban on vehicles, machinery, equipment buying imposed

ISLAMABAD: The Finance Division has imposed a ban on purchase of vehicles, machinery, and equipment, and creation of...

Updated 28 Feb, 2024 08:56am

1H: Provincial PSDP spending rises 19pc YoY

ISLAMABAD: The development spending (PSDP) of the provincial governments has increased by over 19 per cent during...

Updated 24 Feb, 2024 09:47am

Austerity steps approved by PM

ISLAMABAD: Caretaker Prime Minister Anwar-ul-Haq Kakar approved a number of austerity measures to stop unnecessary...

Updated 23 Feb, 2024 09:36am

Foreign-funded projects: EAD seeks budget/revised estimates

Economic Affairs Division holds meeting to review hydropower and transmission line projects which are reportedly facing rupee cover issues

Updated 22 Feb, 2024 09:54am

Opinion

Pakistan’s economy – way forward for 2024-25

Further to my article in Business Recorder in February 2023 titled “Redefining Pakistan’s Economy” that entailed a...

Published 20 Feb, 2024 03:09am

Opinion

Budgetary outcome in first half of FY24

The information on the fiscal operations by the federal and the provincial governments in the first half of 2023-24...

Published 06 Feb, 2024 05:00am

Editorials

State of the economy

EDITORIAL: The January Outlook and Update uploaded on the Finance Division website claims that “the first half of...

Published 06 Feb, 2024 05:00am

Business & Finance

CDWP clears four projects worth Rs138.66bn

ISLAMABAD: The Central Development Working Party (CDWP) has cleared four development projects with a total cost of...

Updated 02 Feb, 2024 09:23am

Challenges of inflation persist: MoF

ISLAMABAD: The Finance Ministry has said the challenges of inflation persist in the forms of supply chain...

Updated 01 Feb, 2024 08:58am

SBA review: Punjab govt held responsible for Rs115bn unbudgeted spending

ISLAMABAD: The government claims it has taken measures to curtail expenditure but held the Punjab government...

Updated 23 Jan, 2024 09:46am

PMIC takes notice of delays in PSDP projects

ISLAMABAD: Chairman of Prime Minister’s Inspection Commission (PMIC), Brig. Muzaffar Ali Ranjha (retd) has taken...

Updated 20 Jan, 2024 10:08am

Rs306bn authorised for PSDP projects

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has authorised Rs 305.96 billion (32.55...

Updated 16 Jan, 2024 08:54am

Editorials

Water: even big dams won’t be of much help

EDITORIAL: It seems no amount or manner of serious warnings can jolt relevant authorities into treating the...

Published 13 Jan, 2024 05:38am

Pakistan

Senate body to decide PSM’s fate within 3 months

ISLAMABAD: Senate Standing Committee on Industries and Production directed Ministry of Industries and Production to...

Published 12 Jan, 2024 03:06am

Water woes to stay even after dam construction

ISLAMABAD: Pakistan’s water woes are unlikely to be over even after construction of Diamer Bhasha Dam (DBD) in 2030...

Updated 11 Jan, 2024 12:04pm

Alternative funding for PSDP: MoF all set to hire CEO for PDFL

ISLAMABAD: The Finance Ministry has decided to hire the Chief Executive Officer (CEO) of Pakistan Development Fund...

Updated 09 Jan, 2024 08:42am

Business & Finance

Loss-making SOEs: business community voices concerns

ISLAMABAD: The business community while expressing grave concerns over the massive losses of around Rs1.4 trillion...

Published 09 Jan, 2024 04:18am

SAP: govt disburses Rs409bn

ISLAMABAD: The federal government is said to have allocated/ disbursed Rs409 billion with the highest Rs116 billion...

Updated 06 Jan, 2024 05:19pm

Hydropower, transmission: Major projects face rupee cover issue

ISLAMABAD: Major hydropower and transmission line projects are reportedly facing Rupee cover issues due to less...

Updated 05 Jan, 2024 08:45am

Provincial projects: inclusion in PSDP banned

Finance Ministry conveys to provincial governments that it is going to shelve hundreds of non-starter projects besides making it mandatory for provinces to share in fertiliser subsidy and BISP funding

Updated 02 Jan, 2024 10:44am

CDWP approves 4 projects worth Rs11.15bn

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	278.33
USD PKR Interbank Buying / May 13	278.13
USD to Japanese Yen / May 13	156.38
USD to Swiss Franc / May 13	0.91
Pound Sterling to USD / May 13	1.26
Euro to USD / May 13	1.08

Stock	Volume
S&P 500 / May 13	5221.42
India Sensex / May 13	72776.13
Tokyo Nikkei / May 13	38423.88
Nasdaq / May 13	16388.24
Hang Seng / May 13	19115.06
FTSE 100 / May 13	8414.99
Dow Jones / May 13	39431.51
Germany DAX 30 / May 13	18742.22

Item	Value
Crude Oil USD/Barrel / May 13	79.35
Karachi Cotton PKR/37.32 KG / May 13	19935
Gold 10 Grams PKR / May 13	207733
Gold Spot USD/Ounce / May 13	2340.10
Cotton US¢/pound / May 13	77.71
Petrol/Litre / May 14	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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