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Subsidies

Targeted subsidies: IMF has no objections over implementation, Aurangzeb claims

ISLAMABAD: Finance Minister Muhammad Aurangzeb claimed on Tuesday that the International Monetary Fund (IMF) has no...

Updated 04 Sep, 2024 12:14pm

Tiered pricing system: Gas tariff hike spared 66pc of consumers: Musadik

ISLAMABAD: Petroleum Minister Musadik Malik Wednesday clarified that 66 percent of gas consumers remain unaffected...

Updated 22 Aug, 2024 09:33am

RLNG tariffs: APTMA opposes Rs50bn cross subsidies to fertiliser sector

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has urged the government to reverse its ‘destructive’...

Updated 06 Jul, 2024 03:46pm

Govt assailed for further taxing the salaried class

Lawmakers say imposition of such heavy taxes may lead to an acceleration of brain drain from the country

Updated 22 Jun, 2024 02:10pm

Business & Finance

Purchase of tractors: Paapam lauds Punjab govt’s planned package for farmers

LAHORE: Paapam has welcomed news in the media regarding subsidies to be offered to the farmers for the purchase of...

Published 10 Jun, 2024 06:52am

Opinion

It begins…

Why do you think the only thing to come out of emergency cabinet meetings – to do something about these protests...

Published 31 Aug, 2023 06:00am

Subsidies raised to Rs1.074trn

ISLAMABAD: The federal government has budgeted an increase in subsidies by 62 percent, ie, from Rs 664 billion in...

Published 10 Jun, 2023 04:42am

Too tight fiscal space: MoF bans SGs, subsidies

Cites limited fiscal space and cap on expenditures as reasons

Updated 21 Mar, 2023 09:02am

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

Pakistan 'held back' by 'very high levels of energy subsidies': ILO

The International Labour Organization (ILO), a United Nations (UN) agency, has said that “very high levels of energy...

Updated 17 Jan, 2023 06:44pm

Business & Finance

Fisheries dept to offer subsidies on shrimp farming

LAHORE: The Punjab Fisheries Department (PFD) will extend subsidies to the farmers for promotion of profitable...

Published 07 Dec, 2022 05:54am

Editorials

IMF says no room for subsidies: end of story

EDITORIAL: Providing regionally competitive energy by providing subsidy to the exporting sectors was always a...

Published 13 Aug, 2022 05:21am

World

Pelosi backs chips bill, says House could vote on measure next week

WASHINGTON: The US House plans to vote as early as next week on a slimmed-down version of legislation to provide ...

Published 21 Jul, 2022 06:33am

Business & Finance

PBIF chief demands elimination of subsidies for elite class

KARACHI: Chairman of National Business Group Pakistan and president of Pakistan Businessmen and Intellectuals Forum...

Published 14 Jun, 2022 05:56am

Pakistan

Govt announces Rs3 billion subsidy to reduce price of ghee: Marriyum

Information minister says commodity being sold at Rs300 per kg in utility stores against market price of Rs550

Updated 13 Jun, 2022 06:32pm

Subsidies slashed by record 54pc

ISLAMABAD: The federal government has budgeted a decline in subsidies by 54 percent - from the revised figure for ...

Published 11 Jun, 2022 06:41am

Pakistan

Increasing petroleum prices necessary to stabilise economy: Musadik Malik

State Minister for Petroleum Musadik Malik on Friday said that the government was compelled to take the "tough...

Published 03 Jun, 2022 05:39pm

Editorials

The bitter pill at last

EDITORIAL: The decision of the government communicated through an unscheduled press conference by Finance Minister...

Published 30 May, 2022 05:53am

Business & Finance

IMF will link release of funds to increase in income taxes, subsidy removal: Shaukat Tarin

Talks between Pakistan and IMF on stalled Extended Fund Facility likely to be held from May 18

Updated 09 May, 2022 04:48pm

Export-oriented sector: MoF for linking subsidies to higher growth

ISLAMABAD: Ministry of Finance (MoF) has proposed that subsidies for the export-oriented sectors should be linked to...

Updated 04 Apr, 2022 10:06am

World

Crisis-hit Lebanon hikes fuel prices in de facto end to subsidies

BEIRUT: Lebanon raised fuel prices on Wednesday in a de facto end to state subsidies, pushing the cost of filling a...

Published 20 Oct, 2021 06:28pm

Editorials

Sugar the intractable commodity

EDITORIAL: Domestic sugar price continues to defy attempts by the Khan administration to bring it down through...

Published 12 Jul, 2021 05:26am

World

Lebanon approves ration card to replace subsidies

Lebanon is in the throes of an economic crisis the World Bank has described as likely one of the world's worst in modern times.

Published 30 Jun, 2021 08:00pm

Pakistan

Grants, subsidies, loan write-offs: Sindh govt spent Rs146.88bn against release of Rs161bn

KARACHI: Sindh government spent Rs146.88 billion on account of grants, subsidies, write-offs of loans, etc, against...

Published 26 Jun, 2021 03:24am

Pakistan

Experts urge govt to curb wheat smuggling via borders

ISLAMABAD: Experts Saturday urged the government to take immediate enforcement measures at border areas to prevent...

Published 30 May, 2021 03:51am

Business

Oman to boost VAT exemptions, hike subsidies

DUBAI: Oman plans to widen exemptions to a value-added tax (VAT) it will introduce this month and increase certain...

Published 09 Apr, 2021 04:51am

Pakistan

Govt seeks to replicate tax incentives available to BD exporters

ISLAMABAD: The government is exploring the possibility of replicating some major tax incentives, concessions,...

Published 17 Mar, 2021 04:45am

Pakistan

Subsidies, audit reports: CIT directed to collect details of sugar mills

LAHORE: Expressing satisfaction over the preliminary findings of the combined investigation team (CIT) probing the...

Published 23 Feb, 2021 05:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 3	277.92
USD PKR Interbank Buying / Dec 3	277.72
USD to Japanese Yen / Dec 3	150.01
USD to Swiss Franc / Dec 3	0.89
Pound Sterling to USD / Dec 3	1.27
Euro to USD / Dec 3	1.05

Stock	Volume
S&P 500 / Dec 2	6,047.15
Nasdaq / Dec 2	19,403.95
Dow Jones / Dec 2	44,782
India Sensex / Dec 3	80,853.10
Tokyo Nikkei / Dec 3	39,248.86
Hang Seng / Dec 3	19,694.44
FTSE 100 / Dec 3	8,345.09
Germany DAX 30 / Dec 3	20,011.64

Item	Value
Gold 10 Grams PKR / Dec 2	235,340
Petrol/Litre / Dec 3	252.10
Crude Oil USD/Barrel / Dec 3	68.37
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Gold Spot USD/Ounce / Dec 3	2,645.88
Diesel/Litre / Dec 3	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	213,514,857 ▲ 0.00
Cnergyico PK / Dec 3 Cnergyico PK Limited(CNERGY)	196,907,321 ▲ 0.00
Fauji Foods Ltd / Dec 3 Fauji Foods Limited(FFL)	68,325,507 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	66,212,972 ▲ 0.00
Sui South Gas / Dec 3 Sui Southern Gas Company Limited(SSGC)	65,264,278 ▲ 0.00
B.O.Punjab / Dec 3 The Bank of Punjab(BOP)	61,288,845 ▲ 0.00
Hascol Petrol / Dec 3 Hascol Petroleum Limited(HASCOL)	49,268,731 ▲ 0.00
Pak Int.Bulk / Dec 3 Pakistan International Bulk Terminal(PIBTL)	46,902,495 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	31,910,059 ▲ 0.00

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