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Federal Cabinet

The quest for Palestinian statehood

The federal cabinet of the incumbent government deserves commendation for reaffirming its commitment to supporting...

Published 22 Jan, 2025 06:51am

Gwadar airport set to reshape economic landscape: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday commended the World Bank’s pledge of providing a $20 billion...

Updated 22 Jan, 2025 09:25am

Winding up of PTB: Aurangzeb urged to revisit decision

ISLAMABAD: Officials of the Pakistan Tobacco Board (PTB) have urged Finance Minister Senator Muhammad Aurangzeb to...

Updated 22 Jan, 2025 09:36am

Business & Finance

Federal cabinet approves proposal to revise agreements with 14 IPPs: PMO

Revised agreements will include reduction of Rs802 billion in profits, costs of independent power producers

Updated 14 Jan, 2025 11:06pm

Cabinet expansion now looms large

ISLAMABAD: Cabinet expansion is imminent… such is the consensus amongst senior PML-N leadership with Senator Irfan...

Updated 08 Jan, 2025 02:42pm

FBR infrastructure described as ‘critical infrastructure’

Objective of this to protect FBR’s highly sensitive data from cyber attacks such as hacking and any unlawful intervention

Updated 08 Jan, 2025 03:27pm

Business & Finance

UAE rolls over $2bn debt, PM tells cabinet

ISLAMABAD: In a significant fiscal relief as Prime Minister Shehbaz Sharif Tuesday said, the United Arab Emirates...

Published 08 Jan, 2025 06:26am

Economy: PM says govt to achieve its goals within 6 months

It is essential to pursue export-led growth, as there are no alternative options available, adds the premier

Updated 02 Jan, 2025 02:23pm

Cabinet renews licences of four firms involved in explosives import, export

ISLAMABAD: The Federal Cabinet has extended licences of four existing firms engaged in export and import of...

Updated 28 Dec, 2024 02:41pm

Changes in banking sector’s ADR: Cabinet approves promulgation of tax ordinance

ISLAMABAD: The federal cabinet has granted approval to promulgation of an Income Tax Ordinance for bringing changes...

Updated 28 Dec, 2024 05:54pm

Cabinet resolves seminary bill row

ISLAMABAD: The cabinet Friday seemingly resolved the controversy surrounding the Societies Registration (Amendment)...

Updated 28 Dec, 2024 03:08pm

Markets

Federal cabinet approves policy guidelines for carbon market trading

Pakistan unveiled first National Carbon Market Policy in November this year to attract green investment

Published 27 Dec, 2024 10:42pm

SOEs’ boards: Clearance by ISI, IB mandatory for nominees

ISLAMABAD: The federal government has made it mandatory for the nominees of the Board of Directors (BoDs) of...

Updated 26 Dec, 2024 02:46pm

Right-sizing body presents suggestions

ISLAMABAD: A committee formed to oversee government’s right-sizing on Tuesday presented its recommendations to...

Updated 25 Dec, 2024 02:03pm

Cabinet refuses to relax Import Policy Order for stuck vintage cars

ISLAMABAD: The Federal Cabinet has refused to exempt stuck vintage cars imported by elite from applicable Import...

Updated 21 Dec, 2024 03:38pm

Interest rate cut to help stimulate economic growth: PM

Says reduction in interest rate to encourage businesses and investors

Updated 18 Dec, 2024 05:20pm

Cabinet gives the go-ahead to ‘Singapore Convention’

ISLAMABAD: The Federal Cabinet, in its meeting held here on Tuesday, accorded approval for Pakistan to sign the...

Updated 18 Dec, 2024 09:37am

Backing FBR operationalisation: Federal Cabinet approves setting up of ‘NTC’

National Targeting Centre employs advanced technologies and intelligence analysis to identify and prioritise potential threats related to the movement of passengers and cargo

Updated 17 Dec, 2024 02:54pm

Dual nationals in key SBP roles: Govt panel to assess implications

ISLAMABAD: The Federal Cabinet has constituted a committee under the chairmanship of Minister for Planning,...

Updated 17 Dec, 2024 03:25pm

8 baggasse-fired IPPs: Settlement deals okayed by Cabinet

Central Power Purchasing Agency to approach National Electric Power Regulatory Authority to reduce the tariff of electricity generated by these plants

Updated 11 Dec, 2024 03:10pm

PM says army helped govt ‘quell’ unrest

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday heaped praise on Chief of Army Staff (COAS) General Asim...

Updated 28 Nov, 2024 08:32am

Business & Finance

$500m ICBC loan FD’s date error corrected by Cabinet

ISLAMABAD: The Federal Cabinet has corrected an error made by the Finance Division regarding the date of the $500...

Published 19 Nov, 2024 06:34am

Markets

Sui Development and Production Lease: PPL clarification

KARACHI: Pakistan Petroleum Limited (PPL) seeks to clarify the status of Sui Development and Production Lease. The...

Published 09 Nov, 2024 06:36am

Cabinet decides to divide NTDC into two entities

ISLAMABAD: The Federal Cabinet has approved restructuring of National Transmission and Despatch Company (NTDC)...

Updated 09 Nov, 2024 02:10pm

PSFCL board, NDRMF: Two decisions of CCoSOEs overturned by Cabinet

ISLAMABAD: The Federal Cabinet has reportedly overturned two decisions of Cabinet Committee on State Owned...

Updated 06 Nov, 2024 09:09am

Pakistan

Cabinet approves Hajj Policy 2025

ISLAMABAD: Federal Cabinet on Tuesday approved Hajj Policy 2025, besides significant decisions were made including...

Published 06 Nov, 2024 05:50am

Pakistan

Federal cabinet approves Hajj Policy 2025, Pakistan’s quota to be 179,210

Under the policy, children below the age of 12 will be barred from traveling for Hajj

Updated 05 Nov, 2024 10:51pm

Cabinet approves proposed draft

ISLAMABAD: The federal cabinet on Sunday approved proposed draft of the 26th Constitutional Amendment Bill, 2024...

Updated 21 Oct, 2024 08:59am

Business & Finance

PM, federal cabinet efforts to terminate five PPA’s lauded

KARACHI: Chairman of the Pakistan Business Forum (PBF) for Balochistan, Daroo Khan Achakzai and PBF South Punjab...

Published 12 Oct, 2024 07:25am

Pakistan

Palestine, Lebanon: Cabinet approves establishment of PM’s Relief Fund

ISLAMABAD: The Federal Cabinet has approved the establishment of the Prime Minister’s Relief Fund for Palestine and...

Updated 09 Oct, 2024 09:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Cotton US¢/pound / Jan 22	67.34
Petrol/Litre / Jan 23	256.13

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Elektron (Pref) / Jan 22 Pak Elektron Limited (Preference)(PELPS)	14.94 ▲ 1.36 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.30 ▼ -0.70 (-11.67%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Zahid Jee Textile / Jan 22 Zahidjee Textile Mills Limited(ZAHID)	27.21 ▼ -3.00 (-9.93%)
Gulistan Sp. / Jan 22 Gulistan Spinning Mills Limited(GUSM)	11.58 ▼ -1.26 (-9.81%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	55.98 ▼ -5.92 (-9.56%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	598 ▼ -61.53 (-9.33%)
Hala Enterprise / Jan 22 Hala Enterprises Limited(HAEL)	12.10 ▼ -1.21 (-9.09%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.04
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	99,158,485 ▼ -0.07
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	83,500,175 ▲ 3.03
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.08
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.04
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.10
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	18,601,390 ▼ -0.41

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