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Federal Government

Punjab govt authorised to fix sugar prices

LAHORE: The Lahore High Court (LHC) on Thursday declared a notification of the federal government as null and void...

Published 06 Oct, 2023 03:03am

Business & Finance

Economic revival plan: Tax on retail, agri and real estate sectors may be revised: MoF

Key measures include revenue enhancement strategies including tax revisions in sectors such as retail, agriculture, and real estate, alongside a wealth tax on movable assets, as deemed appropriate

Updated 30 Sep, 2023 09:45am

Business & Finance

CEOs of Discos to be appointed from Federal Service

ISLAMABAD: The caretaker government has decided to appoint Chief Executive Officers (CEOs) of power Distribution...

Published 29 Sep, 2023 06:24am

Ban on import of smuggled items through ATT imminent

ISLAMABAD: The government is all set to impose restrictions on import of those items through Afghan Transit Trade...

Updated 28 Sep, 2023 10:12am

Provincial mandates: Federal spending must be ceased, recommends World Bank

WB says that federal and provincial departments that are already redundant or would become so under the proposed devolution to the local governments should be abolished

Updated 26 Sep, 2023 10:02am

Pakistan

Audio leaks involving Saqib Nisar’s son: IHC again seeks replies from secretaries of Defence & Interior on probe body

ISLAMABAD: The Islamabad High Court (IHC) has once again sought replies from the secretaries of Defence and Interior...

Published 23 Sep, 2023 05:58am

Business & Finance

Margin on short-term investment bonds plunges

KARACHI: The cut-off yield on short-term investment papers declined sharply ranging from 171 basis points to 217...

Published 21 Sep, 2023 06:08am

Govt reconstitutes CCIGCT to negotiate G2G agreement

ISLAMABAD: The Federal Government has reconstituted Cabinet Committee on Inter-Governmental Commercial Transactions...

Updated 21 Sep, 2023 09:54am

Business & Finance

PSM employees: ECC may approve Rs1.244bn for payment of salaries

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is likely to approve an amount of Rs 1.244...

Updated 19 Sep, 2023 09:43am

Pakistan

Polyclinic Hospital: Minister displeased over non-computerisation of medicine system

ISLAMABAD: Caretaker Federal Health Minister Dr Nadeem Jan, Thursday, expressed serious displeasure over the...

Published 15 Sep, 2023 06:32am

NPCs: Rate of return again revised upward to attract more investment

KARACHI: The federal government has revised the rate of return on the conventional Naya Pakistan Certificates (NPCs)...

Updated 15 Sep, 2023 09:56am

RfP for solar PV project: PPIB seeks revision in indexation, adjustment formula

ISLAMABAD: The Private Power Infrastructure Board (PPIB) has sought revision in indexation/adjustment formula,...

Updated 15 Sep, 2023 09:53am

Opinion

Nationalise the IPPs

In Gordium, the capital of Phrygia (ancient Greece), legend had it that whoever could untie an oxcart tied by a...

Updated 13 Sep, 2023 06:44am

KE consumers: Govt slammed for seeking over Rs10/unit positive adjustment

ISLAMABAD: The federal government on Monday came under severe criticism from business community and domestic...

Updated 12 Sep, 2023 08:53am

Detailed verdict issued: Audio leaks: SC dismisses Centre’s plea for recusal of CJP

ISLAMABAD: The Supreme Court on Friday dismissed the federal government’s application for the recusal of Chief...

Updated 09 Sep, 2023 08:43am

Markets

SNGPL announces ‘crackdown’ against gas theft

LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) on Thursday announced launch of crackdown against gas theft. In a...

Published 08 Sep, 2023 06:01am

Opinion

SOEs, fiscal discipline & reforms

Despite a wave of privatization in the last 3 decades, SOEs still contribute significantly to the economic growth of...

Updated 08 Sep, 2023 06:31am

Markets

PSA concerned over change in net metering policy

LAHORE: The Pakistan Solar Association (PSA) has expressed concerns over the much-likely change in the net metering...

Published 06 Sep, 2023 03:37am

‘Inflated’ power bills: Obdurate IMF refuses to buy into govt data

Conveys its disagreement to the data provided by the federal government

Updated 05 Sep, 2023 10:03am

KE consumers: PD seeks ‘steep positive’ adjustment

ISLAMABAD: The Power Division has sought an exorbitant positive adjustment of up to Rs 10 per unit for K-Electric...

Updated 05 Sep, 2023 09:49am

SC moved against PPIB (amendment) Act

ISLAMABAD: The Supreme Court has been urged to declare the Private Power and Infrastructure Board (Amendment) Act,...

Updated 31 Aug, 2023 09:03am

Power utilities have no role in setting prices: K-Electric

KARACHI: K-Electric spokesperson reiterated that the company understands the prevailing concerns regarding the...

Updated 31 Aug, 2023 09:26am

Business & Finance

Naeem Anwar appointed NTC chairman by MoC

ISLAMABAD: The Commerce Ministry has notified Naeem Anwar as chairman of the National Tariff Commission (NTC) with...

Published 31 Aug, 2023 06:00am

Pakistan

LHC moved against taxes on electricity bills

LAHORE: A citizen Sheikh Latif on Tuesday approached the Lahore High Court (LHC) seeking a direction to the federal...

Published 30 Aug, 2023 03:33am

Pakistan

FAO Animal Disease Surveillance team visits UVAS

LAHORE: Animal Disease Surveillance Team led by Regional Surveillance Coordinator Emergency Center for ...

Published 26 Aug, 2023 06:13am

SOEs monitoring under IMF SBA: Finance Division yet to operationalise CMU

ISLAMABAD: The Finance Division has yet to complete the operationalisation of the Central Monitoring Unit (CMU) by...

Updated 26 Aug, 2023 06:28pm

Govt borrows over Rs2trn

Karachi: The federal government on Wednesday borrowed over Rs 2 trillion through sale of short-term security papers....

Updated 24 Aug, 2023 09:50am

Business & Finance

Multinational cigarette makers accused of creating misunderstanding about FED hike

ISLAMABAD: Capital Calling, a network of academic researchers and professionals, has stated that the government is...

Published 24 Aug, 2023 06:22am

Pakistan

PM, Tessori discuss political situation

KARACHI: Sindh Governor Kamran Khan Tessori met Caretaker Prime Minister Anwaarul Haq Kakar at Governor House. In...

Published 23 Aug, 2023 05:50am

Pakistan

Digital census: PPP, MQM-P say concerned about ‘under-reporting’ of Sindh population

ISLAMABAD: Pakistan Peoples Party (PPP) and the Muttahida Qaumi Movement-Pakistan (MQM-P) have expressed serious...

Updated 23 Aug, 2023 09:42am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 20	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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