Trends - SENATE - Business Recorder

SENATE

PARTLY FACETIOUS: There is a need for structural changes in taxation system

“Chairman FBR urged the Senate body to abolish the Seventh Schedule of the Income Tax Ordinance…” “Which...

Published 21 Jun, 2025 06:06am

Pakistan

Dar tells Senate: Pakistan, other OIC member states slam Israeli aggression against Iran

ISLAMABAD: Twenty countries, including Pakistan, that are the members of the Organisation of Islamic Cooperation...

Published 19 Jun, 2025 08:30am

Business & Finance

FBR proposes tax on online academies, recreational clubs

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to impose tax on the income of online academies and...

Published 19 Jun, 2025 05:53am

Pakistan

Senate panel clears new clause: Oversight Board to conduct audit firms’ inspection

ISLAMABAD: The Senate Standing Committee of Finance on Monday approved a new clause for inspection of audit firms...

Published 17 Jun, 2025 03:11am

Editorials

‘Fiscal obscenity’

EDITORIAL: At a time when millions are bracing for yet another round of inflation and fiscal tightening, the ...

Published 17 Jun, 2025 03:11am

Senate panel opposes FBR arrest powers under CrPC

ISLAMABAD: Senate Standing Committee on Finance on Saturday strongly opposed the Federal Board of Revenue’s (FBR)...

Updated 15 Jun, 2025 09:34am

Pakistan

Gilani distanced himself from over 600pc pay raise

ISLAMABAD: Chairman Senate Yousaf Raza Gilani has distanced himself from over 600 percent raise in his salary, ...

Published 14 Jun, 2025 06:54am

Pakistan

Proposed Finance bill moved in Senate

ISLAMABAD: Finance Minister Muhammad Aurangzeb, Tuesday, moved a copy of the proposed federal budget in the Senate...

Published 11 Jun, 2025 08:10am

Pakistan

Senate body approves ‘Civil Servants (Amendment) Bill, 2024’

ISLAMABAD: The Senate Standing Committee on Cabinet Secretariat approved, “The Civil Servants (Amendment) Bill,...

Published 06 Jun, 2025 05:02am

Pakistan

Senate body concerned at absence of legal cover for PCC establishment

ISLAMABAD: The Senate Standing Committee on Information Technology and Telecommunication raised serious concerns ...

Published 04 Jun, 2025 03:03am

Pakistan

Over 58,000 Pakistanis deported from various states since 2023

ISLAMABAD: A parliamentary panel was informed on Tuesday that more than 58,000 Pakistanis have been deported from...

Published 04 Jun, 2025 03:03am

Pakistan

President signs bill criminalising child marriages into law

ISLAMABAD: President Asif Ali Zardari has signed the Child Marriage Restraint Bill into law, criminalizing marriages...

Published 31 May, 2025 05:56am

Pakistan

Senate body approves IT (Second Amendment) Bill 2025

Islamabad: The Senate Standing Committee on Finance and Revenue Thursday approved Income Tax (Second Amendment) Bill...

Updated 30 May, 2025 07:07am

Pakistan

Senate body informed: 1,528 sanctioned positions in BISP remain vacant

ISLAMABAD: A considerable number of staff has joined Benazir Income Support Programme (BISP) on deputation, yet ...

Published 27 May, 2025 03:05am

Pakistan

Three-year strategic roadmap unveiled by PIDE Senate

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, as Chancellor, chaired...

Published 24 May, 2025 07:14am

Pakistan

Senate passes Civil Courts (Amendment) Bill, 2025

ISLAMABAD: The Upper House of the Parliament on Friday passed the Civil Courts (Amendment) Bill, 2025, which ...

Published 24 May, 2025 06:21am

Pakistan

Dar calls for an all-out national war on terror

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar tore into India on Thursday, accusing it of backing ...

Published 23 May, 2025 07:00am

Pakistan

70pc of PTV revenue spent on salaries, Senate panel told

ISLAMABAD: Pakistan Television Corporation (PTV) collects Rs10.2 billion annually through a TV fee charged via...

Published 22 May, 2025 06:08am

Pakistan

Senate passes nine bills

ISLAMABAD: The Upper House of the Parliament passed nine bills on Monday— including the Islamabad Capital ...

Published 20 May, 2025 07:42am

Pakistan

‘Combat excellence’ against India: Senate specifically commends PAF for its ‘exceptional professionalism’

ISLAMABAD: The Upper House of the Parliament has specifically commended the Pakistan Air Force (PAF) for its...

Published 16 May, 2025 03:06am

Senate body approves Off-the-Grid (CPPs) Levy Bill, 2025

ISLAMABAD: Despite opposition from industries in Khyber Pakhtunkhwa, the Senate Standing Committee on Finance...

Updated 16 May, 2025 08:58am

Pakistan

Women lawmakers, civil society demand end to symbolic representation in politics

PESHAWAR: Women parliamentarians, civil society actors, and policy experts gathered at a high-level roundtable ...

Published 15 May, 2025 05:42am

Pakistan

Off-the-grid levy on gas-based CPPs: Govt moves copy of proposed bill in Senate

ISLAMABAD: The government, Wednesday, moved a copy of the - Off the Grid (Captive Power Plants) Levy Bill 2025 - a...

Published 15 May, 2025 05:42am

Pakistan

HEC tells Senate body: USAID has stopped scholarships for Pakistani students

ISLAMABAD: The Higher Education Commission (HEC) chairman has informed the Senate Committee on Education and...

Updated 06 May, 2025 07:23am

Pakistan

Senate adopts ‘Biological & Toxins Weapons’ bill

ISLAMABAD: The Senate, Tuesday, passed the Biological and Toxins Weapons Convention (Implementation) Bill, 2025, a...

Published 30 Apr, 2025 05:57am

Business & Finance

Senate Functional Committee meets: SBP, NBP present various plans to promote agri, aiding farmers

ISLAMABAD: Both the governor of the State Bank of Pakistan (SBP) and the president of the National Bank of Pakistan...

Published 30 Apr, 2025 05:57am

Pakistan

National unity cannot be achieved in wake of PTI’s victimisation: Shibli

ISLAMABAD: Leader of the Opposition in Senate Shibli Faraz has said that national unity cannot be achieved in the...

Published 29 Apr, 2025 03:07am

Senate vows befitting response to any misadventure

ISLAMABAD: On the heels of heightened tension between Islamabad and New Delhi, the lawmakers from both sides of the...

Updated 26 Apr, 2025 09:29am

Pakistan

Controversial canal project: Hostility between PPP, PML-N likely to continue in Senate

ISLAMABAD: The hostility between Pakistan Peoples Party (PPP) and its coalition ally Pakistan Muslim League Nawaz...

Published 25 Apr, 2025 07:40am

Pakistan

PPP stages walkout against canal project in Senate

ISLAMABAD: The Senate session on Tuesday witnessed ruckus as the Pakistan People’s Party (PPP) staged a walkout in...

Published 23 Apr, 2025 05:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	146.09
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
India Sensex / Jun 20	82,408.17
Tokyo Nikkei / Jun 20	38,403.23
Nasdaq / Jun 20	19,447.41
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,774.65
Dow Jones / Jun 20	42,206.82
Germany DAX 30 / Jun 20	23,350.55
France CAC40 / Jun 20	7,589.66

Item	Value
Crude Oil USD/Barrel / Jun 20	74.93
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Gold Spot USD/Ounce / Jun 20	3,368.39
Cotton US¢/pound / Jun 20	66.70
Petrol/Litre / Jun 23	258.43
Diesel/Litre / Jun 23	262.59

Gainers
Losers
Leaders

Stock	Price
The Thal Ind.Corp. / Jun 20 The Thal Industries Corporation Limited(TICL)	356 ▲ 40.99 (13.01%)
Faisal Sp. / Jun 20 Faisal Spinning Mills Limited(FASM)	313.91 ▲ 33.82 (12.07%)
First Elite Cap.Mod / Jun 20 First Elite Capital Modaraba(FECM)	33.53 ▲ 3.42 (11.36%)
Burj Clean Energy Modaraba / Jun 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.90 ▲ 1 (11.24%)
Crescent Fib. / Jun 20 Crescent Fibres Limited(CFL)	50.25 ▲ 5 (11.05%)
Hala Enterprise / Jun 20 Hala Enterprises Limited(HAEL)	25.43 ▲ 2.33 (10.09%)
Shams Textile / Jun 20 Shams Textile Mills Limited(STML)	31.52 ▲ 2.87 (10.02%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Macter Int. Ltd / Jun 20 Macter International Limited(MACTER)	621.82 ▲ 56.53 (10%)

Stock	Price
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.92 ▼ -2.14 (-14.21%)
Sindh Abadgar / Jun 20 Sindh Abadgar's Sugar Mills Limited(SASML)	61.07 ▼ -7.82 (-11.35%)
Nets Internat.Comm. / Jun 20 Nets International Communication Limited(GEMNETS)	41 ▼ -4.9 (-10.68%)
Shadman Cotton / Jun 20 Shadman Cotton Mills Limited(SHCM)	50.28 ▼ -5.59 (-10.01%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.83 ▼ -1239.27 (-10%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	173.06 ▼ -19.23 (-10%)
Sardar Chemical / Jun 20 Sardar Chemical Industries Limited(SARC)	56.21 ▼ -6.24 (-9.99%)
Int. Knit. / Jun 20 International Knitwear Limited(INKL)	20.18 ▼ -2.23 (-9.95%)
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	2.49 ▼ -0.27 (-9.78%)
Calcorp Ltd / Jun 20 Calcorp Limited(CASH)	40.61 ▼ -4.39 (-9.76%)

Stock	Volume
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	42,791,268 ▼ -0.04
TRG Pak Ltd / Jun 20 TRG Pakistan Limited(TRG)	26,664,589 ▼ -4.92
Pervez Ahmed Consultancy / Jun 20 Pervez Ahmed Consultancy Services Ltd.(PASL)	25,526,681 ▼ -0.26
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	24,497,580 ▲ 0.29
K-Electric Ltd. / Jun 20 K-Electric Limited(KEL)	14,445,689 ▲ 0.08
Sui South Gas / Jun 20 Sui Southern Gas Company Limited(SSGC)	13,554,568 ▼ -0.06
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	9,805,036 ▼ -0.27
Dewan Cement / Jun 20 Dewan Cement Limited(DCL)	9,257,161 ▼ -0.86
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	8,867,595 ▼ -0.26
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	8,518,206 ▲ 0.01

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