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Editorials

Making the most of FDI

EDITORIAL: Pakistan is so desperately thirsting for FDI (Foreign Direct Investment) that the recent visit of a...

Published 09 May, 2024 03:11am

Opinion

Domestic solar: the way forward—I

News is circulating that the adoption of solar power on a large scale by well-to-do domestic customers in Pakistan...

Published 09 May, 2024 03:11am

Opinion

Counterproductive trickle-down economic effect

The critique of Western universities and certain schools of thought advocating for economic models based on the...

Published 09 May, 2024 03:11am

Life & Style

Dubai has most millionaires in Middle East, New York tops global list

World’s Wealthiest Cities Report 2024, published by Henley & Partners, also shows Delhi has 30,700 millionaires

Updated 09 May, 2024 04:31pm

BR Research

You cannot quit cold turkey when there is no market!

To the federal cabinet secretary in charge of the wheat inquiry committee: Happy hunting, sir. Afterall, if a target...

Published 09 May, 2024 08:23am

Opinion

PARTLY FACETIOUS: Maryam should give motorbikes to her own daughters

“What do you think of Notification Maryam Nawaz (NMN) issuing a notification to provide free motorbikes to girls,...

Published 09 May, 2024 03:11am

Editorials

Tax targets for FY25

EDITORIAL: The first quarterly review report on the recently concluded Stand-By Arrangement (SBA) available on the...

Published 08 May, 2024 06:43am

Opinion

Electricity tariffs

In Pakistan, it is a known fact that electricity is costly as compared to other countries of the region and its cost...

Published 08 May, 2024 06:43am

BR Research

Loadshedding: Discos in a bind!

Pakistan’s power sector is in a constant state of flux. It has its weird cycles of its own- a period of severe power...

Published 08 May, 2024 06:39am

Life & Style

Cruise operator Royal Caribbean recruiting thousands to meet surging demand

NEW YORK: Cruise operator Royal Caribbean Group is in discussions with new and existing markets around the world to...

Published 08 May, 2024 02:17pm

Business & Finance

Pakistan giant Engro looks to go global, its main investor says

Expansion plans include looking at telecoms infrastructure in countries in Middle East, North Africa, and Central Asia

Updated 07 May, 2024 09:46pm

Business & Finance

Pakistan set to spend above 50% of revenue on interest, IIF says

Pakistan is seen as an emerging economy where the interest expense on government debt will be highest through 2026,...

Published 07 May, 2024 09:24pm

World

Death, misery, hunger: Israeli aggression in Gaza

In Gaza City, home to some 600,000 people before the war, the situation is dire: almost three-quarters (74.3 percent) of its buildings have been damaged or destroyed

Published 07 May, 2024 06:50pm

Editorials

State of the economy

EDITORIAL: The April Monthly Economic Update and Outlook uploaded on the Finance Division website begins on a...

Published 07 May, 2024 06:05am

Opinion

Uncertain budgetary outcome in 2023-24

The outcome numbers on the fiscal operations for the first three quarters of 2023-24 have been released recently by...

Published 07 May, 2024 06:05am

Opinion

Wheat, wheat everywhere…

The wheat crisis has thrown up a host of troubling questions that revolve around the persistent wisdom that in our...

Published 07 May, 2024 06:05am

BR Research

Energy prices take charge of WPI

The Wholesale Price Index (WPI) at 13.9 percent for April 2024 was at a 39-month low. It should spell good news for...

Published 07 May, 2024 09:30am

Opinion

The dumb national electricity policy of 2021

A good public policy is one that addresses a societal problem effectively, is based on evidence and research,...

Published 07 May, 2024 06:05am

Life & Style

Isha Ambani, Alia Bhatt stun on Met Gala red carpet

Isha Ambani – daughter of Indian billionaire Mukesh Ambani – walked the Met Gala red carpet on Monday night in a...

Updated 07 May, 2024 05:24pm

Business & Finance

Master Changan Motors to launch Deepal S7 electric vehicles in Pakistan

Master Changan Motors Limited (MCML) is set to introduce its first pure electric vehicle brand in Pakistan – Deepal...

Published 06 May, 2024 11:28am

Editorials

Hurting growth of formal economy

EDITORIAL: At a time when the federal government and finance minister are all talking about documenting the economy...

Published 06 May, 2024 05:30am

Opinion

Redemption of the power sector

A host of sectoral lacunas prevailing in the energy sector have yet to be tackled leave alone overcome and the...

Updated 06 May, 2024 07:04am

Opinion

Inflation expectations: normalcy in sight?

The recent data points and trends suggest that inflation is likely to come down at a faster pace than expected. This...

Updated 06 May, 2024 07:04am

Perspectives

Dubai’s booming gastronomy scene: there is a lesson here

Organised by Dubai’s Festivals and Retail Establishment, the 11th edition of Dubai Food Festival (DFF) is set to...

Published 06 May, 2024 05:48pm

BR Research

Wheat: executing a flawed policy poorly

If you want to make a muck of something, entrust it to the government. Starting in 2019, this will be the fifth...

Published 06 May, 2024 08:43am

Life & Style

‘Beygumbano’ talks colonialism and capitalism at World Art Dubai 2024

Sparking “great curiosity” among art aficionados at World Art Dubai 2024, Pakistani artist Eemaan Bano Rahman lauded...

Updated 06 May, 2024 06:06pm

Editorials

Export promotion

EDITORIAL: It seems the Pakistan Business Council (PBC) is doing the government’s, especially the commerce...

Published 05 May, 2024 02:54am

Opinion

KSA and Pakistan: transforming ties

Pakistan and Kingdom of Saudi Arabia (KSA) appear to have finally decided to put their so-called fraternal relations...

Published 05 May, 2024 02:54am

Editorials

PPP puts its full weight behind PPP

EDITORIAL: Bilawal Bhutto Zardari, Chairman of the Pakistan People’s Party (PPP), on the occasion of the...

Published 04 May, 2024 05:48am

Opinion

Truth and nothing but the truth

Shehbaz Sharif made some honest appraisal of the current governance and economic challenges faced by his government...

Updated 05 May, 2024 01:52pm

Editorials

Punjab’s wheat crisis

EDITORIAL: There’s a reason PML-N (Pakistan Muslim League-Nawaz) is being blamed, and will not be able to escape...

Published 04 May, 2024 05:48am

Editorials

Cost of IMF’s bailouts

EDITORIAL: It is instructive that statements like former prime minister Shahid Khaqan Abbasi’s latest nugget, that...

Published 03 May, 2024 06:29am

Opinion

Transparency, taxation & reforms

Macroeconomic conditions have improved over the course of the program. Growth of 2 percent is expected in FY24 given...

Published 03 May, 2024 06:29am

BR Research

Inflation: is the worst over?

The headline is that the headline inflation is finally below 20 percent. It stood at 17.3 percent for April 24 – the...

Updated 03 May, 2024 09:55am

Opinion

Dismal savings: Pakistan’s growth barrier

Pakistan has the one of the lowest savings rates in the world. During the past decade, Pakistan’s savings rate has...

Published 03 May, 2024 06:29am

Editorials

A questionable policy stance

EDITORIAL: The Monetary Policy Statement (MPS) dated 29 April 2024 left the discount rate unchanged at 22 percent on...

Published 02 May, 2024 04:58am

Editorials

What does Dar’s elevation reveal?

EDITORIAL: The appointment of Foreign Minister and former finance minister Ishaq Dar as deputy prime minister is...

Published 02 May, 2024 04:58am

Opinion

Pakistan’s elite and the art of deception

“The ends justify the means,” Machiavelli’s famous adage, permitting rulers to forsake moral high grounds in...

Published 02 May, 2024 04:58am

Business & Finance

TPL REIT Fund I: CEO Ali Asgher says optimistic about IPO’s prospects

KARACHI: Ali Asgher, CEO of TPL REIT Management Company Limited (RMC) Ltd, expressed confidence that the Initial...

Published 02 May, 2024 04:58am

BR Research

Oil market near equilibrium?

Having rallied to $90/bbl and beyond for a brief while, it appears the international oil market seems content for...

Published 02 May, 2024 08:00am

Editorials

Inflation unchecked

EDITORIAL: The Sensitive Price Index for the week ending 25 April 2024, consisting of 51 essential items collected...

Published 01 May, 2024 04:14am

Opinion

Pakistan’s civil service dilemma

By the time you finish reading this article, the veil shrouding Pakistan’s administrative ineptitude will be...

Published 01 May, 2024 04:14am

Editorials

Deregulating petroleum sector: curb smuggling first

EDITORIAL: Finance minister Mohammad Aurangzeb recently said in a conference that bold energy and taxation reforms...

Updated 30 Apr, 2024 12:40pm

BR Research

Rate cut – maybe next time!

SBP has kept the policy rate unchanged at 22 percent despite the April inflation coming down to 18 percent. It...

Published 30 Apr, 2024 08:55am

Opinion

The falling rate of inflation

The last few months have witnessed a major drop in the rate of inflation as measured by the Consumer Price Index....

Published 30 Apr, 2024 03:43am

Opinion

Rent a party

Of late, the chorus of voices demanding ‘dialogue’ has grown to a virtual crescendo. This is understandable at one...

Published 30 Apr, 2024 03:43am

World

‘Boycotts’: KFC Malaysia temporarily shutters outlets citing challenging economy

KUALA LUMPUR: KFC Malaysia has temporarily closed outlets in the country, citing challenging economic conditions,...

Updated 30 Apr, 2024 03:55pm

Life & Style

What to watch this May: ‘Heeramandi’, ‘Bridgerton’, ‘Mother of the Bride’

The oppressive summer heat is upon us, but with it a new offering of summer programming is also available across a...

Updated 29 Apr, 2024 04:54pm

BR Research

Rate cut: the virtues of patience

If Pakistan were a person, it would have probably been diagnosed with bipolar disorder. Few trips to Gulf capitals;...

Published 29 Apr, 2024 07:50am

Editorials

Rise in reserves

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb while talking to the press after delivering a keynote address...

Updated 29 Apr, 2024 05:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.57
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.07

Stock	Volume
S&P 500 / May 8	5187.67
Nasdaq / May 8	16302.76
Dow Jones / May 8	39056.39
India Sensex / May 9	72965.17
Tokyo Nikkei / May 9	38260.75
Hang Seng / May 9	18532.72
FTSE 100 / May 9	8363.71
Germany DAX 30 / May 9	18547.71

Item	Value
Petrol/Litre / May 9	288.49
Crude Oil USD/Barrel / May 9	79.44
Karachi Cotton PKR/37.32 KG / May 9	19935
Gold 10 Grams PKR / May 9	205075
Gold Spot USD/Ounce / May 9	2318.17
Diesel/Litre / May 9	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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