News stories for Wasim Iqbal - Business Recorder

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اردو

Mar 08, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Wasim Iqbal

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Electricity, gas tariffs increased

Print

Electricity, gas tariffs increased

The Pakistan Tehreek-e-Insaf government has increased the electricity and gas tariffs to generate Rs 190 billion and Rs 112 billion respectively for the financial year 2019-20. In a press conference, Minister for Power Division Omar Ayub Khan said that th

Published 30 Jun, 2019 12:00am

Babar Awan likely to stage his come back as special assistant to PM

Print

Babar Awan likely to stage his come back as special assistant to PM

Prime Minister Imran Khan is reportedly considering giving Babar Awan the position of special assistant, possibly of Information, with the status of minister of state after passage of annual budget, sources said. "The matter of Babar Awan's appointment as

Published 29 Jun, 2019 12:00am

Swedish embassy hosts National Day reception

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Swedish embassy hosts National Day reception

The Embassy of Sweden hosted a reception on the occasion of the National Day of Sweden. Ambassador of Sweden Ingrid Johansson welcomed the government dignitaries, diplomats, businessmen and others at the reception hosted here at a hotel on Friday.

Published 22 Jun, 2019 12:00am

Biometric verification of bank accounts: Number of senior citizens facing problems as skin loses

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Biometric verification of bank accounts: Number of senior citizens facing problems as skin loses

A number of senior citizens are facing problems in the biometric verification of their bank accounts as fingerprints are difficult to capture as skin loses its elasticity with age, a survey conducted by Business Recorder reveals.

Published 22 Jun, 2019 12:00am

Petroleum Division to submit new policy draft by August

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Petroleum Division to submit new policy draft by August

The Petroleum Division will submit a draft of new petroleum policy for upstream oil and gas companies to the Cabinet before bidding for the next blocks, sources told this correspondent. The Division is deliberating on a new petroleum policy with incentive

Published 14 Jun, 2019 12:00am

Government sets Rs 150 billion target through proceeds of privatisation

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Government sets Rs 150 billion target through proceeds of privatisation

The federal government has set a target of Rs 150 billion from privatisation proceeds in 2019-20. The Cabinet Committee on Privatisation (CCoP) on October 31, 2018 approved new privatisation plan for 64 state-owned entities to be privatised in five years

Published 12 Jun, 2019 12:00am

Economic Survey 2018-19: gas output sees negative growth of 1.98 percent

Markets

Economic Survey 2018-19: gas output sees negative growth of 1.98 percent

The production of natural gas has witnessed a negative growth of 1.98 percent in current fiscal year (2018-19) as compared with last fiscal year (2017-18), according to data released in Pakistan Economic Survey 2018-19 launched on Monday. The survey revea

Published 11 Jun, 2019 12:00am

Prices of POL products increased

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Prices of POL products increased

Federal government has allowed a substantial increase in the prices of petroleum products for the month of June. In an upward revision, the price of Motor Spirit (MS) increased by Rs 4.26 per litre. The price of High Speed Diesel (HSD) increased by Rs 4.5

Published 01 Jun, 2019 12:00am

Prices of POL products increased

Print

Prices of POL products increased

Federal government has allowed a substantial increase in the prices of petroleum products for the month of June. In an upward revision, the price of Motor Spirit (MS) increased by Rs 4.26 per litre. The price of High Speed Diesel (HSD) increased by Rs 4.5

Published 01 Jun, 2019 12:00am

Prices of POL products increased

Print

Prices of POL products increased

Federal government has allowed a substantial increase in the prices of petroleum products for the month of June. In an upward revision, the price of Motor Spirit (MS) increased by Rs 4.26 per litre. The price of High Speed Diesel (HSD) increased by Rs 4.5

Published 01 Jun, 2019 12:00am

Price of 11.8 kg LPG domestic cylinder down by Rs 180.75 for June

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Price of 11.8 kg LPG domestic cylinder down by Rs 180.75 for June

Oil and Gas Regulatory Authority (Ogra) has decreased the price of 11.8 kg liquefied petroleum gas (LPG) domestic cylinder by Rs 180.75 for the month of June. A substantial reduction in demand of LPG, the oil and gas authority accounts for an 11 percent r

Published 01 Jun, 2019 12:00am

Ogra seeks up to Rs 8.99 hike in POL products'' prices

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Ogra seeks up to Rs 8.99 hike in POL products'' prices

A month after a massive increase in POL prices, the Oil and Gas Regulatory Authority (Ogra) has computed up to Rs 8.99 in prices of petroleum products for June. The recommendation of oil and gas regulator has been sent to Petroleum Division for final deci

Published 31 May, 2019 12:00am

Ogra seeks up to Rs 8.99 hike in POL products' prices

Print

Ogra seeks up to Rs 8.99 hike in POL products' prices

A month after a massive increase in POL prices, the Oil and Gas Regulatory Authority (Ogra) has computed up to Rs 8.99 in prices of petroleum products for June. The recommendation of oil and gas regulator has been sent to Petroleum Division for final deci

Published 31 May, 2019 12:00am

Ogra seeks up to Rs 8.99 hike in POL products' prices

Print

Ogra seeks up to Rs 8.99 hike in POL products' prices

A month after a massive increase in POL prices, the Oil and Gas Regulatory Authority (Ogra) has computed up to Rs 8.99 in prices of petroleum products for June. The recommendation of oil and gas regulator has been sent to Petroleum Division for final deci

Published 31 May, 2019 12:00am

IMF package: Government may revisit exemptions to Saudi oil, gas companies

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IMF package: Government may revisit exemptions to Saudi oil, gas companies

Pakistan may be compelled to revisit some of the proposed special treatment(s) and/or exemptions to Saudi oil and gas companies'''' pledged investment in oil refineries and petrochemical sector in the light of the commitments made to the IMF, sources said

Published 24 May, 2019 12:00am

IMF package: Government may revisit exemptions to Saudi oil, gas companies

Print

IMF package: Government may revisit exemptions to Saudi oil, gas companies

Pakistan may be compelled to revisit some of the proposed special treatment(s) and/or exemptions to Saudi oil and gas companies'' pledged investment in oil refineries and petrochemical sector in the light of the commitments made to the IMF, sources said.

Published 24 May, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 7	280.03
USD PKR Interbank Buying / Mar 7	279.78
USD to Japanese Yen / Mar 7	147.73
USD to Swiss Franc / Mar 7	0.88
Pound Sterling to USD / Mar 7	1.29
Euro to USD / Mar 7	1.08
UK LIBOR % / Mar 6	4.96

Stock	Volume
S&P 500 / Mar 6	5,738.52
Nasdaq / Mar 6	18,069.26
Dow Jones / Mar 6	43,579.08
India Sensex / Mar 7	74,478.53
Tokyo Nikkei / Mar 7	36,894.23
Hang Seng / Mar 7	24,558.34
FTSE 100 / Mar 7	8,631.91
Germany DAX 30 / Mar 7	23,117.01
France CAC40 / Mar 7	8,112.97

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 6	17,785
Gold 10 Grams PKR / Mar 6	260,630
Crude Oil USD/Barrel / Mar 7	66.30
Gold Spot USD/Ounce / Mar 7	2,907.79
Cotton US¢/pound / Mar 7	65.05
Petrol/Litre / Mar 8	255.63
Diesel/Litre / Mar 8	258.64

Gainers
Losers
Leaders

Stock	Price
Premier Insurance / Mar 7 Premier Insurance Limited(PINL)	5.49 ▲ 0.61 (12.5%)
Tariq Corp.Pref. / Mar 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.42 ▲ 0.92 (12.27%)
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	29.23 ▲ 2.66 (10.01%)
Ahmad Hassan / Mar 7 Ahmad Hassan Textile Mills Limited(AHTM)	59.40 ▲ 5.4 (10%)
Pak Datacom / Mar 7 Pak Datacom Limited(PAKD)	99.54 ▲ 9.05 (10%)
Apna Microfin. / Mar 7 Apna Microfinance Bank Limited(AMBL)	11.25 ▲ 1.02 (9.97%)
PIA Holding Co.B / Mar 7 PIA Holding Company Limited B(PIAHCLB)	827 ▲ 74.61 (9.92%)
Engro Poly(Pref / Mar 7 Engro Poly(Pref)(EPCLPS)	12.21 ▲ 1.1 (9.9%)
Masood Textile / Mar 7 Masood Textile Mills Limited(MSOT)	61 ▲ 5.45 (9.81%)
Pak Paper Prod / Mar 7 Pakistan Paper Products Limited(PPP)	183 ▲ 15.42 (9.2%)

Stock	Price
Int. Knit. / Mar 7 International Knitwear Limited(INKL)	17.89 ▼ -1.99 (-10.01%)
Ellcot Spinning / Mar 7 Ellcot Spinning Mills Limited(ELSM)	106.78 ▼ -11.86 (-10%)
Universal Ins. / Mar 7 The Universal Insurance Company Limited(UVIC)	9.01 ▼ -1 (-9.99%)
Unicap Modaraba / Mar 7 Unicap Modaraba(UCAPM)	3.05 ▼ -0.3 (-8.96%)
Power Cem(Pref) / Mar 7 Power Cement (Pref)(POWERPS)	13.15 ▼ -1.29 (-8.93%)
Pak. P.V.C. / Mar 7 Pakistan PVC Limited(PPVC)	8.28 ▼ -0.72 (-8%)
Agritech Limited / Mar 7 Agritech Limited(AGL)	54 ▼ -4.59 (-7.83%)
Invest Bank / Mar 7 Invest Capital Investment Bank Limited(ICIBL)	1.40 ▼ -0.1 (-6.67%)
Hafiz Ltd. / Mar 7 Hafiz Limited(HAFL)	265.06 ▼ -16.62 (-5.9%)
Reliance Cotton / Mar 7 Reliance Cotton Spinning Mills Limited(RCML)	480.36 ▼ -29.01 (-5.7%)

Stock	Volume
Fauji Cement / Mar 7 Fauji Cement Company Limited(FCCL)	57,186,347 ▲ 3.47
Pak Int.Bulk / Mar 7 Pakistan International Bulk Terminal(PIBTL)	48,305,211 ▼ -0.16
Sui South Gas / Mar 7 Sui Southern Gas Company Limited(SSGC)	23,565,729 ▲ 1.42
WorldCall Telecom / Mar 7 Worldcall Telecom Limited(WTL)	22,575,994 ▼ -0.01
Maple Leaf Cement / Mar 7 Maple Leaf Cement Factory Limited(MLCF)	22,361,248 ▲ 2.07
Oil & Gas Dev. / Mar 7 Oil & Gas Development Company Limited(OGDC)	18,047,822 ▲ 0.84
Pak Petroleum / Mar 7 Pakistan Petroleum Limited(PPL)	16,644,912 ▲ 2.4
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	14,546,590 ▲ 2.66
B.O.Punjab / Mar 7 The Bank of Punjab(BOP)	13,546,949 ▲ 0.1
P.S.O. / Mar 7 Pakistan State Oil Company Limited(PSO)	12,439,221 ▲ 24.96

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