Trends - circular debts - Business Recorder

circular debts

Circular debt settlement plan

The circular debt settlement plan of Rs1,268 billion developed by the Ministry of Energy (MoE) is making rounds in...

Published 24 Jan, 2024 07:53am

Business & Finance

Power, gas: business leader voices concerns over circular debts

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum and ...

Published 22 Jan, 2024 05:37am

Anti-electricity theft, recovery drive a flop?

Pakistan’s power sector circular debt stock crosses Rs 2.6 trillion

Updated 06 Dec, 2023 12:28pm

Rs76.726bn approved to keep CDMP commitment with IMF

ISLAMABAD: The government has approved an amount of Rs 76.726 billion to maintain commitment of Circular Debt...

Updated 22 Jun, 2023 08:55am

Nepra grills PD team for proposing surcharge plan

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) Thursday grilled Power Division for proposing...

Updated 17 Mar, 2023 09:17am

ADB Mission says IMF’s 9/10th review should stay on track

ISLAMABAD: While noting sluggish progress on two prior policy actions, an Asian Development Bank (ADB) Mission has...

Updated 15 Mar, 2023 09:18am

Recovery of actual gas cost: Petroleum Div proposes amendments to law

ISLAMABAD: Petroleum Division has proposed amendments to the Natural Gas (Development Surcharge) Ordinance, aimed at...

Updated 13 Mar, 2023 09:13am

Opinion

Energy sector reforms: Earnest intentions for structural changes necessary – IV

Our fiscal space is wafer thin. The economy is starting to pull back from a precipice. The International Monetary...

Published 08 Mar, 2023 06:20am

Power sector: IMF has concerns about next year’s circular debt: Dastgir

ISLAMABAD: Minister for Power, Khurram Dastgir Khan said on Tuesday that International Monetary Fund (IMF) has...

Updated 01 Mar, 2023 09:07am

Opinion

A reality-check desperately required

The damning indictment of Pakistan’s economic policies continues with the latest attack by Managing Director...

Published 27 Feb, 2023 06:17am

Why IMF lending still stalled?

Reticence amongst some of the friendly countries in disbursing already pledged support and roll overs major reasons for the stalled ninth review of IMF

Updated 27 Feb, 2023 10:37am

Editorials

‘Mini-budget’

EDITORIAL: The revenue measures as revealed in the ‘mini-budget’ were expected as Finance Minister Ishaq Dar had...

Published 17 Feb, 2023 06:00am

Business & Finance

Utility getting ready to operate in competitive environment: KE has applied for ‘non-exclusive’ distribution licence: CEO

KARACHI: After enjoying status of the sole ‘vertically integrated’ power company for more than 100 years, K-Electric...

Updated 16 Feb, 2023 08:53am

Opinion

New gas tariff and circular debt

Finally, much-awaited new gas tariff has been announced by government under negotiations with the International...

Updated 15 Feb, 2023 06:50am

Editorials

Time is of the essence

EDITORIAL: The International Monetary Fund (IMF) submitted the Memorandum of Economic and Finance Policies (MEFP) to...

Published 14 Feb, 2023 05:58am

Gas prices hiked

ISLAMABAD: The government has increased up to 124 percent in the gas prices for domestic consumers from January 1,...

Updated 14 Feb, 2023 09:08am

‘Viable’ energy sector: PD fails to prepare plan

ISLAMABAD: Power Division has reportedly failed to prepare a plan for a “viable” energy sector by steering the...

Updated 14 Feb, 2023 08:58am

Editorials

The review: not yet successful

EDITORIAL: The Secretary Finance put a positive spin on the final day of discussions/negotiations with the...

Published 13 Feb, 2023 05:57am

Increase in price of Paracetamol okayed

ECC also approves circular debt management plan, extra surcharge on power

Updated 11 Feb, 2023 09:03am

IMF-govt talks give birth to ‘mini-budget’

Finance Minister Ishaq Dar says government has agreed to impose Rs170 billion in additional taxes

Updated 11 Feb, 2023 05:15pm

IMF grudgingly agrees to 45pc power subsidy slash

ISLAMABAD: The government and International Monetary (IMF) are said to have agreed on reducing power subsidy by 45...

Updated 11 Feb, 2023 08:57am

Gas tariffs to be raised for consumers of SNGPL, SSGC

ISLAMABAD: Gas tariffs will have to be raised by Rs 98 per mmbtu for SNGPL consumers and Rs 109.91 per mmbtu for ...

Updated 11 Feb, 2023 05:15pm

IMF talks: ‘Some understanding’ reached: MoS Pasha

ISLAMABAD: Minister of State for Finance Dr Aisha Ghaus Pasha has stated that some understanding has been reached...

Updated 09 Feb, 2023 08:42am

Power sector: Govt has Achilles heel somewhere, IMF finds it

Finance Ministry and Power Division hold threadbare discussions with IMF

Updated 07 Feb, 2023 08:44am

Editorials

Discos and their losses

EDITORIAL: Some things never change. Nepra’s (National Electric Power Regulatory Authority’s) Performance...

Published 04 Feb, 2023 06:08am

Markets

Energy reforms critical for economy: MoS Aisha

ISLAMABAD: Minister of State for Finance Dr Aisha Ghaus Pasha said that reforms in the energy sector are critical ...

Published 02 Feb, 2023 06:12am

Opinion

Real clear economics

There is much confusion about our economic predicament. Yet, nothing could be clearer. On the security of the wealth...

Published 24 Mar, 2022 05:36am

Circular debt reaches Rs2.294trn in July-August

ISLAMABAD: The country's circular debt has reached Rs2.294 trillion during the first two months (July-August) ...

Updated 26 Oct, 2021 09:44am

Editorials

How govt can fix energy sector

EDITORIAL: Energy sector, no doubt, has been Pakistan Tehreek-e-Insaf (PTI) government's Achilles heel from the day...

Published 11 Oct, 2021 04:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.69 ▲ 0.99 (17.37%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.85 ▲ 0.74 (10.41%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.70 ▲ 0.61 (10.02%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
J.K.Spinning / Dec 18 J.K. Spinning Mills Limited(JKSM)	58.50 ▼ -6.50 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.20 ▼ -3.15 (-9.74%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.09
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.12
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.23
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.15
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.12
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.02
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.24
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -1.58
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.07

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