News stories for Mushtaq Ghumman

Mushtaq Ghumman

Settlement of circular debt thru adjustments strong probability

Deputy PM Ishaq Dar directs Petroleum and Power Division to reassess the plan for settlement of circular debt through cash/ non-cash adjustments

Updated 09 Sep, 2024 09:42am

KOEN demands tariffs for its hydel projects under 2015 Policy

ISLAMABAD: Korean company KOEN (Korea-South East Power Company, Ltd) has called on National Electric Power...

Updated 09 Sep, 2024 12:56pm

Processing industry: MoF seeks mechanism to avoid misuse of gas

ISLAMABAD: Finance Ministry has reportedly sought a mechanism from the Petroleum Division which guarantees that the...

Updated 09 Sep, 2024 09:08am

Electricity arrears: KP to move CCI against deductions at source by MoF

ISLAMABAD: The Khyber Pakhtunkhwa government has decided to take up the issue of at-source deductions of Rs 3.426...

Updated 08 Sep, 2024 09:58am

Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs

Govt's experts and officials look to reduce consumer end tariff with deal close to being finalised

Updated 07 Sep, 2024 08:24pm

Markets

BTPL licence application still pending: Nepra directs IESCO to pass on net metering benefit to BT consumers

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has the directed Islamabad Electric Supply...

Published 07 Sep, 2024 06:59am

Nepra backs ISMO for streamlining wholesale electricity market

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has supported establishment of a new organisation to...

Updated 07 Sep, 2024 03:14pm

QTA mechanism: Rs1.75/unit hike approved for Discos, KE

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved an increase of Rs1.75 per unit in...

Updated 07 Sep, 2024 03:13pm

MoF seeks making KE QTA mechanism in line with other Discos

ISLAMABAD: Ministry of Finance has asked Power Division to explore the possibility of similar mechanism for KE QTA’s...

Updated 07 Sep, 2024 03:08pm

Attacks on grid stations: Govt decides to treat errant KP MPs in a heavy manner

ISLAMABAD: The federal government has decided to take strict action against those provincial lawmakers of...

Updated 06 Sep, 2024 09:25am

Markets

IESCO consumers irked by over-billing, flawed AMI technology

ISLAMABAD: Hundreds of consumers of Islamabad Electric Supply Company (IESCO) are at the suffering due to allegedly...

Published 06 Sep, 2024 07:04am

FTAs, PTAs: MoC urged to include commercial transactions clause

ISLAMABAD: Senate Standing Committee on Commerce on Thursday urged the Commerce Ministry to include a clause of...

Updated 06 Sep, 2024 09:15am

China, IMF: PM asks MoF to follow key matters up

Ministry of Railways, Planning, and Finance directed to expeditiously finalise negotiations on Karachi-Hyderabad segment of ML-1 project with Chinese authorities

Updated 06 Sep, 2024 09:26am

PD officials quizzed by Nepra on shift to SOFR

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday quizzed officials of Power Division...

Updated 06 Sep, 2024 09:24am

Govt rightsizing: 33 SOEs to be closed in first phase

Cabinet directs to finalize the implementation plan for the rightsizing of the federal government (Phase-1) within two weeks’ time

Updated 05 Sep, 2024 10:03am

China seeks RMB pilot project at Gwadar Free Zone

ISLAMABAD: China has asked Pakistan to establish RMB internationalization pilot project in Gwadar Free Zone to...

Updated 05 Sep, 2024 08:55am

Business & Finance

Ministries, Divs barred from releasing funds for new projects

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has barred ministries/Divisions from...

Updated 04 Sep, 2024 09:14am

Business & Finance

Rs25bn recoveries from trade groups: CPPA-G rejects changes to Nepra determinations

ISLAMABAD: The Central Power Purchasing Agency–Guaranteed (CPPA-G) has opposed any change in determinations of NEPRA...

Updated 04 Sep, 2024 08:49am

Business & Finance

AGP unearths huge irregularities in SOEs

ISLAMABAD: The Auditor General of Pakistan (AGP) has unearthed hundreds of cases of financial irregularities,...

Published 04 Sep, 2024 06:38am

15 largest SOEs: MoF seeks report to share plans with IMF

Says all line ministries are required to adopt and prepare business plans and Statements of Corporate Intent as per the given timelines in the SOEs Policy, 2023

Updated 04 Sep, 2024 12:01pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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