Home - Business Recorder

Updated 01 May, 2025 02:45pm

Aurangzeb upbeat about reversal of US tariffs

Finance Minister says challenge with the US is not about tariffs but rather trade imbalance

Markets

Pakistan plans to save $17bn by removing high-cost energy projects under revised IGCEP

Published 01 May, 2025 03:30pm

Budget 2025-26

Budget proposals: Independent experts evaluating: Aurangzeb

Updated 01 May, 2025 04:15pm

Pakistan

China vows support to Pakistan for securing peace, stability

Published 01 May, 2025 03:51pm

Business & Finance

Kia cuts Sportage prices by up to Rs1.85mn in Pakistan

Published 01 May, 2025 09:44am

World

India wants Pahalgam attackers brought to justice, Jaishankar tells Rubio

Published 01 May, 2025 01:06pm

World

Ukraine, US sign minerals deal sought by Trump

Published 01 May, 2025 01:24pm

Technology

Bangladesh approves Starlink, Pakistan still pending

Published 01 May, 2025 04:16pm

Markets

KSE-100 suffers heavy losses in April amid Pakistan-India tensions

Published 01 May, 2025 02:23pm

Markets

Oil steady after drop on US economic contraction, possible Saudi supply rise

Published 01 May, 2025 01:51pm

Pakistan

ISI DG Lt-Gen Asim named National Security Advisor

Updated 01 May, 2025 11:06am

Must Read

Editorials

A recovery that won’t pay for itself

Opinion

Future of learning

Opinion

Carbon levy, water pricing & the green tax puzzle

Startup Recorder

Pakistani founded sneaker company Atoms raises over $2m from customers

Editorials

Projected expenditure rise in budget FY26

BR Research

Oil: Demand fears deepen

Opinion

Mindset traps that trap growth

Opinion

Belligerent Hindustan

Startup Recorder

Pakistani health tech startup MedIQ raises $6m

Editorials

Taking stock of economic situation

BR Research

The silent dollar squeeze

China vows support to Pakistan for securing peace, stability

Pakistan plans to save $17bn by removing high-cost energy projects under revised IGCEP

Current account to remain positive for full fiscal year FY25, Aurangzeb says

India intends to launch military strike within next 24-36 hours, Pakistan info minister says

Pakistan open to ‘neutral, transparent’ probe into Pahalgam attack: PM Shehbaz

Budget 2024-25: income tax calculator for FY25

Gold price per tola falls Rs3,400 in Pakistan

NJLI Sarmaya Growth Fund Rates

ST payment: FBR fixes MRP of cement

US arbitrator orders Zia Chishti to pay $9.1mn to TRG International

Team comprising over dozen Chinese companies arrives in Pakistan

Pakistan Navy repels Indian aircraft carrier deployed in Arabian Sea

Kia cuts Sportage prices by up to Rs1.85mn in Pakistan

Aurangzeb upbeat about reversal of US tariffs

Respite only for salaried individuals as FY26 budget to be ‘tough’ without GST relief: FBR chief

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	281
USD PKR Interbank Buying / Apr 30	280.80
USD to Japanese Yen / May 1	144.31
USD to Swiss Franc / May 1	0.83
Pound Sterling to USD / May 1	1.33
Euro to USD / May 1	1.13
UK LIBOR % / Apr 30	4.96

Stock	Volume
S&P 500 / Apr 30	5,569.06
India Sensex / Apr 30	80,242.24
Tokyo Nikkei / Apr 30	36,241.70
Nasdaq / Apr 30	17,446.34
Hang Seng / Apr 30	22,119.41
Dow Jones / Apr 30	40,669.36
Germany DAX 30 / Apr 30	22,496.98
France CAC40 / Apr 30	7,593.87
FTSE 100 / May 1	8,493.40

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	16,985
Gold 10 Grams PKR / Apr 30	296,476
Petrol/Litre / May 1	252.63
Crude Oil USD/Barrel / May 1	56.60
Gold Spot USD/Ounce / May 1	3,222.54
Diesel/Litre / May 1	256.64
Cotton US¢/pound / May 1	65.83

Gainers
Losers
Leaders

Stock	Price
J.A.Textile / Apr 30 J.A. Textile Mills Limited(JATM)	20.90 ▲ 1.9 (10%)
Punjab Oil / Apr 30 Punjab Oil Mills Limited(POML)	178.67 ▲ 16.24 (10%)
PIA Holding Co.B / Apr 30 PIA Holding Company Limited B(PIAHCLB)	4,366.33 ▲ 396.94 (10%)
First Elite Cap.Mod / Apr 30 First Elite Capital Modaraba(FECM)	12.68 ▲ 1.15 (9.97%)
Jubilee Spinning / Apr 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.70 ▲ 1.15 (9.96%)

Stock	Price
United Brands / Apr 30 United Brands Limited(UBDL)	20.93 ▼ -2.33 (-10.02%)
AGP Limited / Apr 30 AGP Limited(AGP)	186.05 ▼ -20.67 (-10%)
Sunrays Textile / Apr 30 Sunrays Textile Mills Limited(SUTM)	170.30 ▼ -18.92 (-10%)
Chakwal Spinning / Apr 30 Chakwal Spinning Mills Limited(CWSM)	47.64 ▼ -5.29 (-9.99%)
Kohinoor Energy / Apr 30 Kohinoor Energy Limited(KOHE)	17.76 ▼ -1.97 (-9.98%)

Stock	Volume
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	46,167,601 ▼ -0.72
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	40,695,095 ▼ -0.01
B.O.Punjab / Apr 30 The Bank of Punjab(BOP)	20,001,384 ▼ -0.36
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	17,624,493 ▼ -0.11
Maple Leaf Cement / Apr 30 Maple Leaf Cement Factory Limited(MLCF)	15,370,507 ▼ -1.87

Markets →

China vows support to Pakistan for securing peace, stability

Pakistan plans to save $17bn by removing high-cost energy projects under revised IGCEP

Current account to remain positive for full fiscal year FY25, Aurangzeb says

India intends to launch military strike within next 24-36 hours, Pakistan info minister says

Pakistan open to ‘neutral, transparent’ probe into Pahalgam attack: PM Shehbaz

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	281
USD PKR Interbank Buying / Apr 30	280.80
USD to Japanese Yen / May 1	144.31
USD to Swiss Franc / May 1	0.83
Pound Sterling to USD / May 1	1.33
Euro to USD / May 1	1.13
UK LIBOR % / Apr 30	4.96

Stock	Volume
S&P 500 / Apr 30	5,569.06
India Sensex / Apr 30	80,242.24
Tokyo Nikkei / Apr 30	36,241.70
Nasdaq / Apr 30	17,446.34
Hang Seng / Apr 30	22,119.41
Dow Jones / Apr 30	40,669.36
Germany DAX 30 / Apr 30	22,496.98
France CAC40 / Apr 30	7,593.87
FTSE 100 / May 1	8,493.40

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	16,985
Gold 10 Grams PKR / Apr 30	296,476
Petrol/Litre / May 1	252.63
Crude Oil USD/Barrel / May 1	56.60
Gold Spot USD/Ounce / May 1	3,222.54
Diesel/Litre / May 1	256.64
Cotton US¢/pound / May 1	65.83

Gold price per tola falls Rs3,400 in Pakistan

NJLI Sarmaya Growth Fund Rates

ST payment: FBR fixes MRP of cement

US arbitrator orders Zia Chishti to pay $9.1mn to TRG International

Team comprising over dozen Chinese companies arrives in Pakistan

Pakistan Navy repels Indian aircraft carrier deployed in Arabian Sea

Kia cuts Sportage prices by up to Rs1.85mn in Pakistan

Aurangzeb upbeat about reversal of US tariffs

Respite only for salaried individuals as FY26 budget to be ‘tough’ without GST relief: FBR chief

Business & Finance

Companies

Bangladesh approves Starlink, Pakistan still pending

The interim government of Bangladesh has granted SpaceX’s Starlink, which provides internet access to remote... Published 01 May, 2025 04:16pm

BR Research

Oil: Demand fears deepen

Crude oil markets are facing a stark recalibration, with Brent dipping below $66 per barrel this week—a near 20%...

Updated 30 Apr, 2025 07:54am

Energy

Pakistan plans to save $17bn by removing high-cost energy projects under revised IGCEP

The government intends to save Rs4,743 billion (USD17 billion) by excluding 7,967MW of high-cost energy projects and... Published 01 May, 2025 03:30pm

Stocks

KSE-100 suffers heavy losses in April amid Pakistan-India tensions

Pakistan’s stock market suffered due to rising tensions with India as the benchmark KSE-100 shed over 6,480 points... Published 01 May, 2025 02:23pm

BR Research

APL 9MFY25: lower profits, rising competition

Attock Petroleum Limited (PSX: APL)announced its financial results for the nine months ended March 2025, reflecting...

Updated 30 Apr, 2025 07:57am

Companies

Kia cuts Sportage prices by up to Rs1.85mn in Pakistan

Kia on Thursday slashed the prices of its compact SUV – Sportage L lineup – by up to Rs1,851,000 in Pakistan. In a... Published 01 May, 2025 09:44am

Energy

Petrol, HSD prices slashed

ISLAMABAD: Federal government has decided on Wednesday to reduce the ex-depot rates of petrol and high speed diesel... Published 01 May, 2025 06:03am

2025-05-01-03-27

Monetary policy on 5th

KARACHI: The Monetary Policy Committee (MPC) of SBP will meet on May 05, 2025 to decide about the Monetary Policy.... Published 01 May, 2025 06:03am

2025-05-01-02-50

Erstwhile tribal areas: Senate panel endorses proposal for not extending sales tax exemption

ISLAMABAD: The Senate Standing Committee on Finance and Revenue, Wednesday, endorsed a proposal of the business... Published 01 May, 2025 06:03am

2025-05-01-02-50

Investor confidence: Minister praises SIFC for being key driver

ISLAMABAD: Federal Minister for Information Technology Shaza Fatima Khawaja on Wednesday praised the Special... Updated 01 May, 2025 07:19am

BR Research

Waves Corporation Limited

Waves Corporation Limited (previously known as Waves Singer Pakistan Limited) (PSX: WAVES) is incorporated in...

Updated 30 Apr, 2025 08:18am

BR Research

The silent dollar squeeze

The current account is in surplus, with no delays in import L/Cs and profit/dividend repatriation payments. Yet, the...

Published 29 Apr, 2025 03:07am

BR Research

Highnoon Laboratories Limited

Highnoon Laboratories Limited (PSX: HINOON) was incorporated in Pakistan as a private limited company in 1984 and ...

Published 29 Apr, 2025 03:07am

BR Research

HBL – profits grow despite challenges

HBL, Pakistan’s largest commercial bank, posted another record quarterly pretax profit at Rs16.6 billion for ...

Updated 28 Apr, 2025 08:12am

Pakistan

China vows support to Pakistan for securing peace, stability

Ambassador of China calls on PM Shehbaz

Published 01 May, 2025 03:51pm

2025-05-01-03-28

US urges India, Pakistan to de-escalate tensions

WASHINGTON: US Secretary of State Marco Rubio urged India and Pakistan to work with each other to de-escalate... Published 01 May, 2025 06:03am

2025-05-01-03-27

LCCI establishes ‘War Fund’

LAHORE: In a significant move to demonstrate national solidarity during wartime conditions, Lahore Chamber of... Published 01 May, 2025 06:03am

2025-05-01-03-28

Dar says Pakistan won’t ‘initiate’ any escalatory move

ISLAMABAD: Director General Inter-Services Public Relations (ISPR) Lt Gen Ahmed Sharif Chaudhry has said that... Published 01 May, 2025 06:03am

2025-05-01-03-27

Four Indian Rafale jets flee after PAF’s swift response

MUZAFFARABAD: In a significant overnight development, four Indian Air Force Rafale fighter jets were forced to... Published 01 May, 2025 06:03am

2025-05-01-02-01

Country ready for ‘digital revolution’, says Dar

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar declared on Wednesday that Pakistan is poised to ... Published 01 May, 2025 06:03am

World

Europe

Ukraine, US sign minerals deal sought by Trump

KYIV/WASHINGTON: Ukraine and the U.S. on Wednesday signed a deal heavily promoted by U.S. President Donald Trump... Published 01 May, 2025 01:24pm

Europe

Ukraine international bonds rally after Kyiv and Washington sign minerals deal

LONDON: Ukraine’s international debt rallied more than 1 cent on Thursday after Kyiv and Washington signed a deal... Published 01 May, 2025 01:10pm

Europe

Ukraine’s foreign minister hails minerals deal with US as ‘milestone’

Ukrainian Foreign Minister Andrii Sybiha hailed a minerals deal signed with the United States as “an important... Published 01 May, 2025 03:35pm

Europe

Russia’s Medvedev says Ukraine minerals deal means Trump has forced Kyiv to pay for US aid

MOSCOW: Russian security official Dmitry Medvedev said on Thursday that the signing of a minerals deal between... Published 01 May, 2025 01:14pm

South Asia

India wants Pahalgam attackers brought to justice, Jaishankar tells Rubio

NEW DELHI: India’s foreign minister said he has told Secretary of State Marco Rubio that perpetrators of the deadly... Published 01 May, 2025 01:06pm

Editorials

A recovery that won’t pay for itself

EDITORIAL: The World Bank’s latest assessment of Pakistan’s economy is neither overly grim nor overly optimistic...

New Indian threats

EDITORIAL: Since last Wednesday when following the Pahalgam attack India downgraded diplomatic ties with Pakistan ...

Projected expenditure rise in budget FY26

EDITORIAL: The International Monetary Fund (IMF) has projected a 2.2 percent rise in government expenditure this ...

Economic fallout of geopolitical shocks

EDITORIAL: Amid escalating geopolitical tensions and instability in the region – intensified by the ongoing...

Taking stock of economic situation

EDITORIAL: A well-respected former Finance Minister and academician Dr Hafeez Pasha stated on AAJ Television that ...

Opinion

Future of learning

Usman Ahmad

Digital transformation in education offers numerous advantages, including increased accessibility, particularly in...

Carbon levy, water pricing & the green tax puzzle

Kashif Mateen Ansari

It began with a bang—quite literally. On April 16, Islamabad was hammered by a freak hailstorm that turned the...

A call to fulfil Pope Francis’ final wish—permanent peace in Gaza

Qamer Soomro

The world mourns the passing of a towering figure—the Pope of the poor, the marginalized, the forgotten—the...

Mindset traps that trap growth

Andleeb Abbas

It’s a lost cause. AI is going to take our jobs. Without the “right connections” there is no future. These are...

Belligerent Hindustan

Sirajuddin Aziz

Indians, generally, are peace-loving people. Most Indians from Occupied Kashmir to Kannyakumari passionately...

Perspectives

Reimagining remittances: From household lifeline to a force for economic resilience

Muhammad Humayun Sajjad

It was heartening to hear from the State Bank of Pakistan’s (SBP) Governor, last week, that Pakistan had received a...

How Pakistan’s startups are giving plastic a second life

Shaista Ayesha

In a country where overflowing waste has turned city streets into makeshift landfills, a new wave of startups is stepping up to reimagine a cleaner, more sustainable future

The perils of Harvard-gate

Faiza Virani

Why resistance not appeasement must guide higher education

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