Trends - GoP - Business Recorder

GoP

The tallest nail

To a hammer everything is a nail and IPPs are the tallest nails. Decades ago, when this scribe was a student of...

Published 30 Oct, 2024 06:32am

Pakistan

Aquil made spokesperson Legal Affairs GOP

ISLAMABAD: The Ministry of Information and Broadcasting has appointed Member National Assembly Barrister Aquil Malik...

Published 04 Apr, 2024 04:56am

Opinion

Outlook 2024 – II

Increasing bank lending should to be the next move. The ratio of advances to deposits should increase from present...

Updated 03 Jan, 2024 05:59am

New solar power plants: Tariffs to be indexed annually: ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided that tariff of new solar power...

Updated 22 Nov, 2022 09:33am

Markets

Wall Street inches higher as investors brace for midterms, Meta jumps

NEW YORK: US stock indexes edged higher in choppy trading on Monday, with focus shifting to Tuesday’s midterm...

Published 08 Nov, 2022 05:56am

Payment demanded to buy coal: CPHGC warns Nepra of closure of power complex

ISLAMABAD: China Power Hub Generation Company (Pvt) Ltd (CPHGC) has cautioned the government that it would shut down...

Updated 22 Apr, 2022 10:22am

Payment of Rs80bn: PQ coal-fired power project seeks Chinese Embassy’s help

ISLAMABAD: The management of 1,320MW Port Qasim coal-fired power project has sought help from Chinese Embassy for...

Updated 19 Apr, 2022 10:41am

Business & Finance

KE urges PD to expedite process of verification, release of pending TDCs

ISLAMABAD: Karachi Electric (KE) has urged Power Division to expedite process of verification and release of pending...

Published 06 Apr, 2022 05:53am

Pakistan

First dedicated counter made operational at Torkham border crossing

KARACHI: Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI)’s recommendation to form dedicated...

Published 16 Mar, 2022 05:40am

Lack of loan insurance cover: Gwadar power project hits a snag

ISLAMABAD: The government has reportedly failed to convince Chinese government to restart suspended work on 300MW...

Updated 16 Mar, 2022 12:41pm

Business & Finance

Business leader spells out major challenges facing country

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

Published 16 Mar, 2022 05:40am

Pakistan

Speakers for affording equal opportunities to men and women

HYDERABAD: Speakers at a seminar have said that no nation can prosper unless its women are given due importance and...

Published 09 Mar, 2022 06:44am

Markets

FCA: KE seeks Rs3.40/unit increase for January

ISLAMABAD: Karachi Electric (KE) has sought an increase of Rs 3.40 per unit in its tariff for the month of January...

Updated 23 Feb, 2022 09:39am

US’s DFC blocks progress on PPAs with wind IPPs?

ISLAMABAD: The US government’s Development Finance Corporation (DFC) has reportedly “blocked” progress on...

Updated 21 Feb, 2022 09:24am

Pakistan

Interior minister reiterates govt’s resolve against militancy, terrorism

ISLAMABAD: Interior Minister Sheikh Rashid Sunday warned that state will go after those who would pick arms against...

Published 07 Feb, 2022 05:22am

GoP’s ability to sustain reform momentum uncertain: Moody’s

ISLAMABAD: Beyond the expiry of the International Monetary Fund (IMF) programme in September 2022, the Pakistan...

Updated 05 Feb, 2022 09:36am

Pakistan

Protection of working journalists govt’s top priority: Fawad

LAHORE: Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain said that Sehat Card is a unique...

Published 17 Jan, 2022 07:06am

Business & Finance

OICCI voices concern over ‘abrupt changes’ in taxes, duties through bill

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has expressed serious concerns on changes in...

Published 14 Jan, 2022 06:20am

Business & Finance

NPPMCL asked to get Board’s nod for debt recapitalization

ISLAMABAD: Privatisation Commission has directed National Power Park Management Company Limited (NPPMCL) to get...

Published 14 Jan, 2022 06:20am

Pakistan

Clean Green Pakistan: Reckitt Pakistan partners with GoP

KARACHI: Dettol Pakistan’s initiative ‘Hoga Saaf Pakistan’ has actively been working with the Ministry of...

Published 31 Dec, 2021 06:50am

Energy sector reforms: $300m received from ADB

ISLAMABAD: Pakistan received $300 million from the Asian Development Bank (ADB) for energy sector reforms. This was...

Updated 25 Dec, 2021 03:03pm

Opinion

Gas: Is APTMA spinning tears?

The tussle between the All Pakistan Textile Mills Association (APTMA) and Ministry of Energy (MoE) is turning into a...

Published 19 Dec, 2021 04:37am

Power Division seeks Rs134.8bn TSG to clear IPPs’ dues

ISLAMABAD: The Power Division has sought a Technical Supplementary Grant (TSG) of Rs134.783 billion to clear the...

Updated 24 Oct, 2021 02:11pm

Pakistan

FPCCI affairs: BMP levels allegations against rival UBG

ISLAMABAD: The Businessmen Panel (BMP), ruling group at the Federation of Pakistan Chambers of Commerce &...

Published 13 Sep, 2021 05:46am

Supplements

AUTOMOTIVE INDUSTRY IN PAKISTAN: Messages from SHAUKAT FAYYAZ AHMED TARIN Federal Minister for Finance and Revenue, Islamic Republic of Pakistan

TEXT: I congratulate Pakistan Automotive Manufacturers Association (PAMA) and Business Recorder for making a joint...

Published 12 Sep, 2021 03:56am

Khusro due in Karachi to help resolve PSM, other issues

Islamabad: The Minister for Industries and Production (MoI&P), Makhdoom Khusro Bukhtiar is likely to visit...

Updated 07 Sep, 2021 10:57am

Real estate sector: PALSP urges FBR to conduct audit of tax contributions

ISLAMABAD: The documented steel sector has asked the Federal Board of Revenue (FBR) to conduct audit of the income...

Published 07 Sep, 2021 06:29am

Pakistan

Cabinet to discuss Afghanistan, economic issues today

ISLAMABAD: The Federal Cabinet, which is scheduled to meet on Tuesday (today), will discuss the situation in...

Published 07 Sep, 2021 06:25am

Pakistan

Diamer Bhasha Dam: 32,073 acres of land acquired

ISLAMABAD: The government has so far acquired 32,073 acres of land for important Diamer Basha Dam project which is...

Updated 06 Sep, 2021 01:55pm

Editorials

Food inflation: govt must pull its socks up

EDITORIAL: It's pretty clear that the government very sincerely wants to bring down prices of essential items,...

Published 06 Sep, 2021 06:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Cotton US¢/pound / Nov 21	70.60
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

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