Trends - Pensions - Business Recorder

Pensions

Christian community to get salaries, pensions on 20th

ISLAMABAD: The federal government has decided to disburse pay and allowances/pensions for December 2024 in advance ...

Published 11 Dec, 2024 07:35am

Editorials

Retirement age proposal

EDITORIAL: The recent proposal to reduce retirement age from 60 to 55 years for the bureaucracy warrants a serious...

Published 05 Dec, 2024 07:16am

Editorials

SC order on pension benefits

EDITORIAL: Finally, it has taken an order from the apex court itself to set the record straight about pension...

Published 05 Sep, 2024 06:19am

Govt introduces ‘Contributory Pension Fund Scheme’ for new entrants

ISLAMABAD: The federal government has introduced Contributory Pension Fund Scheme for the new entrants who are...

Updated 04 Sep, 2024 08:51am

Business & Finance

1H’24: NBP records total income of Rs96.8bn, up 5.1pc YoY

KARACHI: The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met on August 28 to approve the...

Updated 30 Aug, 2024 04:18pm

No targeted subsidy for ministry: 95pc of PR budget being spent on pension, pay, fuel

ISLAMABAD: About 95 percent of the Railways budget is being utilised on pension, pay and fuel and there is no...

Updated 23 Jul, 2024 08:54am

MoF issues strategy for release of recurrent budget funds

ISLAMABAD: The Finance Ministry on Friday issued strategy for release of recurrent budget funds for 2024-25 fiscal...

Updated 13 Jul, 2024 09:39am

ECC decides to establish pension funds from July 1

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided to establish the pension funds from...

Updated 28 Jun, 2024 03:11pm

Retired govt employees’ pensions: Notification likely to be issued very soon

ISLAMABAD: The government is all set to issue a new notification of pensions of retired government employees to be...

Updated 27 Jun, 2024 11:33am

Govt to refrain from granting any increases in salaries, pensions

ISLAMABAD: The government will “refrain from granting any further increases in salaries and pensions beyond those in...

Updated 23 Jan, 2024 09:20am

Pakistan

SAPM announces increase in EOBI pension

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Overseas Pakistanis & Human Resource Development...

Published 09 Sep, 2023 06:20am

PM vows to eliminate economic woes

ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday reiterated the resolve by promising the people to eradicate...

Updated 24 Jul, 2023 08:51am

Rs5trn collected from Centre, provincial resources: Rs2.6trn spent on pays and pensions of govt employees in 5 years

KARACHI: The Opposition continued its criticism but the chief minister painted a rosy picture of his uplift work in...

Updated 18 Jun, 2023 10:22am

Pakistan

Punjab, KP govts urged to raise salaries

LAHORE: Senior leader of Istehkam-e-Pakistan Party (IPP) Abdul Aleem Khan has urged the caretaker governments of...

Published 12 Jun, 2023 06:26am

World

Protests, strikes, fuel shortages as pensions fury rages in France

PARIS: French citizens protested and downed tools again on Thursday, with transport and refineries grinding to a ...

Published 24 Mar, 2023 05:55am

World

Macron seeks fresh start after bruising pensions fight

PARIS: President Emmanuel Macron will go live on television Wednesday, hoping to heal deep divisions across France...

Published 22 Mar, 2023 11:00am

Pension, subsidies & cut in SOEs’ losses: ‘Structural reforms’ being introduced thru budget: Dar

Proposed austerity measures come under consideration during Federal Cabinet meeting

Updated 03 Mar, 2023 11:46am

Pakistan

'Completely false': Govt says no instruction given to stop payment of salaries, pensions

Says AGPR has confirmed salaries and pension have already been processed and will be paid on time

Updated 26 Feb, 2023 09:59am

Pakistan

Pay, pension to PCCC staff: ECC body yet to come up with any option

ISLAMABAD: A body constituted by the Economic Coordination Committee (ECC) of the Cabinet with respect to suggestion...

Updated 14 Feb, 2023 07:25am

Pakistan

PSIC: retired employees given 15pc raise in pensions

LAHORE: The 119th board meeting of Punjab Small Industries Corporation (PSIC), which was held under the chair of...

Published 04 Oct, 2022 07:22am

Pensions, retirement age: Govt to ascertain financial impact

ISLAMABAD: The government has reportedly decided to conduct financial study on pensions, its overall financial...

Updated 30 Jun, 2022 09:45am

Budget 2022-23

KP budget: 15pc increase in salaries, pensions

PESHAWAR: The Khyber Pakhtunkhwa government in its annual budget for the year 2022-23 on Monday announced a raise of...

Updated 14 Jun, 2022 09:38am

Pakistan

Utilities, payment to retd employees: LG dept officials asked to prepare report on payment of dues

HYDERABAD: Qazi Shahid Pervez, Consultant, Government of Sindh Local Government Department has directed the officers...

Published 10 Jun, 2022 08:07am

World

Putin hikes social payments and seeks to reassure on inflation

MOSCOW: Russian President Vladimir Putin on Wednesday sought to reassure the public amid soaring inflation, while...

Published 26 May, 2022 07:13am

10pc increase in pensions notified

ISLAMABAD: The Finance Division has notified 10 percent increase in pension to the pensioners of the federal...

Updated 15 Apr, 2022 10:08am

Pakistan

Govt agencies directed to ensure timely payment against pensions

LAHORE: Federal Ombudsman Ejaz Ahmad Qureshi has directed all the federal government agencies to ensure timely...

Published 02 Mar, 2022 04:35am

Business & Finance

FBR says 'no new tax' on salaried class, disagreement follows

Budget proposal to tax medical allowances comes under fire
Tax authority says withdrawing tax exemption and reduced rates should not be confused with imposition of new taxes
Issues response to report that said salaried class has been taxed

Updated 16 Jun, 2021 09:41am

PD allowed to absorb surplus Gencos’ employees in Discos

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed Power Division to absorb surplus...

Published 13 May, 2021 03:10am

Pakistan

Pensions delay: SHC directs to freeze CM’s, cabinet members’ salaries

SUKKUR: Sindh High Court (SHC) Tuesday directed to stop salaries of Chief Minister Syed Murad Ali Shah, Cabinet...

Updated 28 Apr, 2021 10:07am

Editorials

Rationalising pay and pensions

EDITORIAL: Finance Minister Hammad Azhar has hit the road running. After making inflation his top priority, since it...

Published 15 Apr, 2021 03:22am

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)	6.62 ▲ 0.92 (16.14%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.96 ▲ 0.85 (11.95%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
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%)
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%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (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 ▼ -0.10
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.31
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.24
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.35
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.62
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.16
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -1.93
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.11

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