Trends - GoP - Business Recorder

GoP

Supplemental charges: Pesco seeks revision of allocation criteria

ISLAMABAD: Terming the current mechanism of allocation of supplemental charges unjustified, Peshawar Electric Power...

Published 06 Dec, 2024 06:58am

Opinion

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

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