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usc

Costly TCP loans: MoF withdraws demand for third-party audit

Published 23 Dec, 2025 06:09am

ISLAMABAD: The Ministry of Finance (MoF) has reportedly withdrawn its earlier demand for a third-party audit of...

Sell-off programme: Key updates proposed by Privatisation Commission Board

Updated 02 Dec, 2025 02:19pm

ISLAMABAD: The Privatisation Commission Board, which met here on Monday under the chairmanship of Muhammad Ali,...

Implementing govt policies is not job of courts: Federal Constitutional Court

Updated 20 Nov, 2025 07:37am

ISLAMABAD: The Federal Constitutional Court said the government policies need to be implemented by the respective...

PVMA seeks payment of Rs6.5bn owed by USC

Published 31 Oct, 2025 07:36am

KARACHI: Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), Sheikh Umer Rehan, has urged the...

The fall of SOEs

Published 18 Sep, 2025 07:01am

In light of recent developments regarding the closure of the Utility Stores Corporation (USC), I believe this ...

8,000 USC employees: Rs25.3bn severance package readied

Updated 12 Sep, 2025 09:27am

ISLAMABAD: The government has prepared a severance package of Rs 25.3 billion for over 8,000 employees of the...

Pakistan govt decides to sell USC assets in FY26

Updated 04 Sep, 2025 11:09am

PM Shehbaz earlier approved closure of Utility Stores Corporation operations in July

Utility Stores finally closed

Updated 01 Sep, 2025 09:14am

ISLAMABAD: The federal government has announced to have launched a severance package of over 28 billion rupees for...

Govt approves Rs30.2bn grant for closure of Utility Stores Corporation

Published 28 Aug, 2025 03:10pm

The Economic Coordination Committee (ECC) of the cabinet on Thursday approved a technical supplementary grant of...

Privatisation of PIA: Final bidding process may conclude by October

Updated 26 Aug, 2025 09:07am

ISLAMABAD: A parliamentary panel was informed on Monday that the final bidding process for the privatization of...

Cabinet approves USC dissolution

Updated 23 Aug, 2025 09:21am

ISLAMABAD: The federal cabinet on Friday unanimously approved the dissolution of the state-run Utility Stores...

VSS being readied: USC shutdown decision is final, NA panel told

Published 01 Aug, 2025 06:17am

ISLAMABAD: The Ministry of Industries and Production (MoI&P) on Thursday announced that the government has made ...

Pakistan govt closes all state-owned utility stores

Updated 31 Jul, 2025 10:56pm

All sales, purchases at utility stores closed with effect from July 31, 2025 except shifting of stock from stores to warehouses and returned to vendors and handing-taking of stores inventories, notification reads

Employees continue protest against USC shutdown

Published 24 Jul, 2025 08:23am

ISLAMABAD: Employees of the Utility Stores Corporation of Pakistan (USC) continued their protest on Wednesday ...

USC to be shut down by 31st, employees offered VSS

Published 17 Jul, 2025 03:32am

ISLAMABAD: The government has decided to close all operations of Utility Stores Corporation (USC) by 31stJuly 2025,...

Govt set to shut utility stores by July 31

Published 16 Jul, 2025 03:59pm

The federal government is all set to shut down its public retail sector, the Utility Stores Corporation (USC) by...

Privatisation of USC: NA body decides to take up issue at appropriate forum

Published 02 Jul, 2025 08:43am

ISLAMABAD: The National Assembly Standing Committee on Industries and Production, Tuesday, decided to take up the...

11,614 USC employees removed following closure of 1,925 outlets

Published 04 Jun, 2025 03:03am

ISLAMABAD: The government has shut down 1,925 loss-making Utility Stores outlets countrywide being operated by the...

NA panel irked by ‘non-professional’ attitude of KE CEO

Published 28 May, 2025 06:02am

ISLAMABAD: The National Assembly Standing Committee on Industries and Production, Tuesday, expressing serious anger...

PVMA seeks govt’s help to recover dues against USC

Published 17 May, 2025 06:39am

KARACHI: Sheikh Umer Rehan, Chairman of Pakistan Vanaspati Manufacturers Association (PVMA), has urged Prime ...

Sufficient sugar stocks available: Minister

Updated 25 Mar, 2025 08:49am

ISLAMABAD: Minister for National Food Security and Research (MNFS&R) Rana Tanveer Hussain on Monday said that...

Ramazan relief package

Updated 01 Mar, 2025 07:09am

EDITORIAL: The Minister for Industries and Production Rana Tanvir informed the House that the federal government has...

Govt says to run USC under PPP

Updated 27 Feb, 2025 09:20am

ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain once again has made it clear that the...

Govt to unveil Ramazan relief package sans USC: PM

Updated 05 Feb, 2025 05:48pm

ISLAMABAD: Prime Minister Shehbaz Sharif announced on Tuesday that the government would unveil a Ramazan Relief...

Curtains for Utility Stores

Published 25 Jan, 2025 07:02am

EDITORIAL: The government’s decision to shutter the Utility Stores Corporation (USC) is a commendable move that...

PM’s package approved: ECC sanctions Rs1.679bn for USC’s expenses

Updated 07 Jan, 2025 09:22am

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved continuation of the Prime Minister’s...

Employees told USC won’t be shut down; it will be restructured

Published 03 Sep, 2024 08:01am

ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain, Monday, while dispelling the notion...

Bengali spells out reasons for his resignation

Published 03 Sep, 2024 06:27am

KARACHI: Noted economist Dr Kaiser Bengali has resigned from the Austerity Committee (High-Powered Committee for...

Employees stage sit-in against proposed closure of USC

Published 29 Aug, 2024 08:06am

ISLAMABAD: The employees of Utility Stores Corporation (USC), on Wednesday, staged a sit-in against the...

Red Zone sealed as USC employees protest

Published 27 Aug, 2024 06:44am

ISLAMABAD: The law enforcement agencies, on Monday, put security on high alert in the city and sealed the Red Zone ...

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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	162.40
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 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
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%)
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%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (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%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
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%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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