Trends - funds - Business Recorder

funds

KP generates only 7pc of total annual receipts: CM’s aide

PESHAWAR: Advisor to KP CM on Finance, Muzammil Aslam Khyber Pakhtunkhwa receives 93 percent of funds from the...

Updated 09 Oct, 2024 08:23am

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

AGPR, other offices: FD clarifies funds authorisation strategy

ISLAMABAD: The Finance Division has asked all the offices including the Auditor General of Pakistan Revenue (AGPR)...

Updated 05 Jun, 2024 09:36am

Pakistan

Climate change: SC directs govt to form authority, allocate funds

ISLAMABAD: The Supreme Court directed the federal government to constitute an authority and allocate funds, to...

Published 07 May, 2024 06:39am

Business & Finance

BISP beneficiaries enabled to get funds directly into their accounts

KARACHI: The State Bank of Pakistan (SBP) has decided to directly pay financial assistance into the bank accounts of...

Updated 09 Apr, 2024 09:48am

Pakistan

Punjab Assembly: Opposition leader concerned at allocation of funds for minorities

LAHORE: In a heated session of the Punjab Assembly on Thursday, Opposition leader Malik Ahmad Khan Bhachar raised...

Published 22 Mar, 2024 04:57am

Business & Finance

‘Utilisation of Funds held in ESFCAs’: PRGMEA urges SBP to implement directives

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has commended the State ...

Published 19 Mar, 2024 04:53am

Pakistan

Pakistan’s startup funding falls 77.2% in 2023

Total amount stood at $75.6mn against $332.4mn in 2022

Published 01 Jan, 2024 04:59pm

Pakistan

Students collect funds for oppressed Palestinians

KARACHI: In solidarity with their Palestinian brothers and sisters, students of the UIT University (UITU) organised ...

Published 15 Nov, 2023 06:09am

Opinion

Pakistan’s journey since Independence

Pakistan celebrated its 76th independence day amidst nationwide fanfare, coinciding with a change of government in...

Published 19 Aug, 2023 06:59am

PSDP: FD yet to notify strategy for release of funds

ISLAMABAD: Finance Division is yet to notify strategy for release of funds with regard to PSDP, interest payment,...

Updated 14 Jul, 2023 10:00am

Markets

IMF deposits $1.2bn in SBP: Ishaq Dar

During the week, Pakistan has received $4.2bn from different avenues including Saudi Arabia, UAE, and the Washington-based lender
SBA with IMF will now see two more reviews - in November and February

Updated 13 Jul, 2023 06:02pm

Maintenance of SC building, judges’ residences: ECC approves Rs844.4m additional funds

On April 13, 2023, Ministry of Housing and Works Secretary sought permission of the ECC chairman to table the summary as an additional item in view of the exigency in the matter

Updated 23 Apr, 2023 10:29am

Markets

'IMF indicates it has Saudi assurance of $2bn inflow to Pakistan'

Minister of State for Finance Aisha Ghaus Pasha says Saudi Arabia has assured IMF it will provide Pakistan with a $2bn loan
Says IMF agreement still depends on similar commitment from UAE

Updated 06 Apr, 2023 07:56pm

Pakistan

PM directs early release of funds for Fata schemes

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that funds for the various schemes for Fata should be...

Published 29 Mar, 2023 06:27am

Markets

Dalda Foods plans to raise as much as Rs4.6bn through IPO: report

At Rs4.6 billion, Dalda’s IPO would be Pakistan’s largest by a consumer staple company, according to the report

Updated 23 Jan, 2023 10:29pm

Pakistan

Housing Ministry seeks Rs9,179m for FY 2022-23

ISLAMABAD: Ministry of Housing and Works has sought the grant of Rs 9,179 million to meet the requirements of the...

Published 19 Dec, 2022 06:00am

Markets

Pakistan receives $500mn from AIIB: finance ministry

Inflow comes at a time when country's foreign exchange reserves are at a low level

Updated 29 Nov, 2022 05:02pm

Editorials

Funds from donors

EDITORIAL: The international community has disbursed 58.14 million dollars for the people affected by floods so far...

Published 05 Sep, 2022 06:04am

Pakistan

Raising funds via Sukuks, INPC: NHA Board approves NOC to Finance Division

ISLAMABAD: The National Highways Authority (NHA) Executive Board has approved the issuance of a No-Objection...

Published 19 Aug, 2022 08:09am

Pakistan

Beaconhouse helps raise funds for play area at Children’s Hospital

KARACHI: Beaconhouse has recently helped set up a community play area at the Children’s Hospital, Faisalabad. ...

Published 15 May, 2022 05:35am

Business & Finance

Not during April: Miftah rules out any immediate increase in petrol, diesel prices

Says govt has lots of considerations to make before it can revise prices even on May 1

Updated 25 Apr, 2022 11:47pm

Pakistan

Pakistan plans to raise another $1bn from ESG Eurobonds: report

Finance minister Shaukat Tarin says fund will be utilised for projects such as developing clean water and cleaning up the rural landscape

Published 03 Feb, 2022 06:26pm

Business & Finance

Pakistan receives $300mn from ADB for energy sector reforms

Funds received will also help strengthen foreign exchange reserves and stabilize the exchange rate, says Economic Affairs Division

Published 24 Dec, 2021 01:49pm

Pakistan

NA panel demands funds, construction of roads in B’stan

ISLAMABAD: A parliamentary panel Tuesday expressing serious concern over the delay in completion of a road project,...

Published 22 Dec, 2021 06:13am

Markets

Raising funding: TPL Properties gets SECP nod

In a major development for the real estate sector, TPL Properties Limited (TPLP) Wednesday announced that the...

Published 01 Dec, 2021 01:36pm

Technology

Pakistan’s digital bookkeeping startup raises $6mn in seed funding

Udhaar Book is a Karachi-based cashflow management services provider

Published 08 Nov, 2021 08:01pm

Business & Finance

PM Imran thanks Saudi Arabia after $3-billion financial assistance

Kingdom will also help in oil payments worth $1.2 billion throughout the year

Published 27 Oct, 2021 11:14am

Business & Finance

US may exhaust funds by Oct 18 unless debt limit raised: Yellen

WASHINGTON: The US government is likely to run out of cash on October 18 unless Congress raises the federal ...

Published 29 Sep, 2021 03:59am

Pakistan

Empowered LG system imperative to address problems: Fawad Chaudhry

Information minister regrets system established in Punjab and Sindh in the past were not fully empowered as the funds were not transferred to them

Published 28 Sep, 2021 01:00pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	157.92
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
Nasdaq / Dec 27	19,238.48
Dow Jones / Dec 27	42,992.21
India Sensex / Dec 30	78,209.98
Tokyo Nikkei / Dec 30	39,894.54
Hang Seng / Dec 30	20,041.42
FTSE 100 / Dec 30	8,116.01
Germany DAX 30 / Dec 30	19,935.78

Item	Value
Gold 10 Grams PKR / Dec 27	234,225
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Cotton US¢/pound / Dec 30	68.60
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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