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Saleem Mandviwalla

Senate panel approves ‘Netting of Financial Arrangements Bill’

Published 17 Jul, 2026 06:39am

ISLAMABAD: The Senate Standing Committee on Finance and Revenue approved the “Netting of Financial Arrangements...

Businessmen concerned at proposed amendment to Nepra Act

Published 24 Jun, 2026 06:29am

ISLAMABAD: The country’s business community has expressed serious reservations over what it describes as an attempt...

Finance Bill: Senate adopts 123 suggestions

Published 19 Jun, 2026 05:50am

ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb, Thursday, assured the Senate that its recommendations would...

Beverage industry: Proposal to cut FED on aerated beverages to 15pc endorsed

Published 18 Jun, 2026 07:23am

ISLAMABAD: Chairman of the Senate Standing Committee on Finance Saleem Mandviwalla has endorsed a proposal of...

Senate panel recommends bringing exporters under Final Tax Regime

Published 17 Jun, 2026 12:04pm

Exporters face severe challenges under the Normal Tax Regime, with Rs 400 billion in blocked refunds

Stationery items: Senate body recommends ST relief

Updated 17 Jun, 2026 09:34am

ISLAMABAD: The Senate Standing Committee on Finance on Tuesday accepted a major proposal of the stationery industry...

Age limit on vehicle imports removed: Second phase of tariff rationalisation plan unveiled

Updated 17 Jun, 2026 09:36am

ISLAMABAD: The government on Tuesday unveiled the second phase of its tariff rationalisation plan, sacrificing an...

Vehicle import safety standards: Confusion among ministries about implementation has cost kitty Rs125bn?

Published 17 Jun, 2026 05:36am

ISLAMABAD: Confusion among different key ministries over the implementation of vehicle import safety standards has...

Property buyers underreport funds: 8,697 individuals holding Rs750bn deposits report zero income: FBR

Published 16 Jun, 2026 04:12am

ISLAMABAD: The Federal Board of Revenue (FBR) revealed on Monday that 8,697 individuals holding deposits worth Rs750...

Telecom firms asked to justify lower tax revenue impact

Updated 16 Jun, 2026 07:02am

ISLAMABAD: The Senate Standing Committee on Finance and Revenue asked the Telecom Operators’ Association (TOA) to...

Outsourcing seized goods’ auction: Senate panel approves customs proposal

Published 14 Jun, 2026 05:20am

ISLAMABAD: The Senate Standing Committee on Finance Saturday approved a customs proposal under the Finance Bill 2026...

Senate panel approves bill to address discrepancy in PKT legal definition

Published 11 Jun, 2026 05:06am

ISLAMABAD: The Senate Standing Committee on Cabinet Secretariat unanimously approved the Standard Time...

Federal budget 2026-27 likely to be unveiled on June 10, says DPM Dar

Updated 03 Jun, 2026 10:17pm

Recommendation to be made to PM Shehbaz

Govt mulling giving relief to fruit juice industry

Updated 20 May, 2026 09:02am

ISLAMABAD: The government is considering a viable proposal of the fruit juice industry to introduce zero percent or...

No amendment or budget possible sans PPP consent: Bilawal

Published 15 May, 2026 06:03am

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari said that the government could not pass any...

PHMA seeks tax, energy and trade reforms before budget

Updated 11 May, 2026 09:16am

Exporters urge Pakistan to reform tax and energy policies, and boost trade diplomacy to protect its struggling export industry.

Removal of super tax, rationalisation of WHT on exporters recommended

Published 08 May, 2026 06:08am

ISLAMABAD: The textile exporters, dairy, telecom, and real estate sector have strongly proposed that Finance Bill...

FPCCI, other chambers float budget proposals: Refunds, energy costs & super tax among pressing issues

Published 07 May, 2026 02:13am

ISLAMABAD: Pakistan’s business community, representing more than a dozen chambers of commerce, including the...

LCCI urges tax overhaul, lower energy tariffs

Published 07 May, 2026 02:13am

LAHORE: The President of the Lahore Chamber of Commerce and Industry (LCCI), Faheem-ur-Rehman Saigol, on Wednesday...

Key sectors: Pakistan, China sign agreements to boost cooperation

Updated 02 May, 2026 05:02pm

SANYA: Pakistan and China have signed important agreements and Memorandums of Understanding aimed at expanding...

Govt servants: Panel concerned over lack of uniformity in salary structures

Published 29 Apr, 2026 05:57am

ISLAMABAD: The Senate Standing Committee on Cabinet Secretariat expressed serious concern over the lack of...

Pakistan, China sign MoUs to boost desalination, agri technology, tea sector cooperation

Published 27 Apr, 2026 04:07pm

Seawater desalination project in Karachi to increase the city’s supply of water

Pakistan-China MoUs: Zardari briefed about progress

Updated 14 Apr, 2026 09:18am

KARACHI: President Asif Ali Zardari was given a detailed briefing on the progress of Memoranda of Understanding...

Steep increases in SMS charges: Banks, telecom operators directed to submit cost breakdown

Published 02 Apr, 2026 07:39am

ISLAMABAD: The Senate Standing Committee on Finance and Revenue on Wednesday expressed serious concern over steep...

Dispute resolution: FBR chief takes step aimed at facilitating importers

Published 02 Apr, 2026 06:03am

ISLAMABAD: Chairman of the Federal Board of Revenue (FBR), Rashid Mahmood Langrial, on Wednesday, took a major step...

POL products: Aurangzeb signals price hike ahead

Updated 13 Mar, 2026 09:07am

Says government taking urgent decisions to maintain fuel supplies in the country

Visit comes as govt insists there is no external financing gap and rollover talks with the UAE remain on track

Mandviwalla pays tribute to Quaid-e-Azam

Published 26 Dec, 2025 05:46am

KARACHI: Chairman of the Senate Standing Committee on Finance and Revenue, Senator Saleem Mandviwalla paid tribute...

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KMI30

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.42
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 16	7,533.77
Nasdaq / Jul 16	25,881.95
Dow Jones / Jul 16	52,552.97
India Sensex / Jul 17	77,920.51
Tokyo Nikkei / Jul 17	63,896.48
Hang Seng / Jul 17	24,579.70
FTSE 100 / Jul 17	10,593.72
Germany DAX 30 / Jul 17	24,817.28
France CAC40 / Jul 17	8,343.48

Item	Value
Crude Oil USD/Barrel / Jul 17	79.10
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	3,989.08
Cotton US¢/pound / Jul 17	78.11
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Maqbool Textile / Jul 17 Maqbool Textile Mills Limited(MQTM)	37.27 ▲ 3.39 (10.01%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.72 ▲ 9.79 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.95 ▲ 2.54 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.61 ▼ -0.98 (-27.3%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.25 ▼ -16.69 (-10%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.81 ▼ -1.2 (-9.99%)
Nadeem Tex. / Jul 17 Nadeem Textile Mills Limited(NATM)	77 ▼ -8.16 (-9.58%)
Azgard Nine (Non-Voti) / Jul 17 Azgard Nine (Non-Voti)(ANLNV)	7.54 ▼ -0.78 (-9.38%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	85,782,795 ▲ 0.17
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,049,582 ▼ -0.58
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,330,537 ▲ 2.9
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	21,918,262 ▼ -0.03
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,198,734 ▼ -0.26
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,536,542 ▼ -1.23
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,404,498 ▼ -0.3
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,314,007 ▼ -0.39
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,439,447 ▼ -0.13
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,367,016 ▲ 0.47

Saleem Mandviwalla

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