Home - Business Recorder

Published 20 Mar, 2025 11:00pm

Global debt exceeds $100 trillion as interest costs surge, OECD says

Rising interest costs leave borrowers face tough choices

Markets

Pakistan formally accepts WTO’s agreement on fisheries subsidies

Published 20 Mar, 2025 09:51pm

Markets

KSE-100 slips below 119,000 but still closes at another record high

Updated 20 Mar, 2025 11:10pm

Markets

Pakistan to legalize cryptocurrency to attract foreign investment, Bilal tells Bloomberg

Updated 20 Mar, 2025 10:50pm

Markets

SBP-held foreign exchange reserves increase $49mn, now stand at $11.15bn

Updated 20 Mar, 2025 10:51pm

Pakistan

Saudi Crown Prince vows enhanced welfare measures for Pakistani community

Updated 20 Mar, 2025 09:04pm

Markets

Rupee remains largely stable against US dollar

Updated 20 Mar, 2025 04:55pm

Markets

National Savings Schemes: CDNS increases profit rates on majority of its instruments

Updated 20 Mar, 2025 10:40pm

Pakistan

FO denies ‘knowledge’ of Pakistanis’ Israel visit, reaffirms pro-Palestine stance

Updated 20 Mar, 2025 10:51pm

Markets

Gold gains further Rs1,800/tola to hit fresh record high in Pakistan

Updated 20 Mar, 2025 10:52pm

Business & Finance

Pakistan inflation expected to fall below 1%, says brokerage house

Updated 20 Mar, 2025 09:06pm

Must Read

Editorials

LSM still negative

BR Research

Electricity generation rut goes on

Opinion

Fence is the best defence

Business & Finance

Countries holding largest gold reserves: US, Germany, Italy lead the way

Pakistan

Pakistan slips to 109th in global happiness rankings, still ahead of regional neighbours

Opinion

Pakistan’s wheat ‘crisis’: time to formulate new policies

Editorials

The high cost of punitive taxation

BR Research

Pakistan’s CA: A fragile balance

Opinion

Mental health - more than a buzz word

World

Dubai’s Yango Group targets Pakistan, others with $20m startup fund: report

BR Research

GTI 2025: Pakistan’s security and economic crisis

PM Shehbaz departs for official visit to Saudi Arabia

NSC meeting: PM Shehbaz urges national unity, political consensus to combat terrorism

PM Shehbaz says Taliban sympathisers responsible for security chaos

Jaffar Express attack: 27 terrorists killed, 155 passengers rescued as operation enters 2nd day

No sugar smuggled to Afghanistan, says Aurangzeb as Pakistan tightens grip

Budget 2024-25: income tax calculator for FY25

NJLI Sarmaya Growth Fund Rates

PSDP 2025-26: Water projects worth Rs424bn proposed

New design banknotes: Rs3.4bn paper machine upgrade project awarded to German firm

KSE-100 slips below 119,000 but still closes at another record high

Govt green-lights New Gwadar Shipyard Project

Starlink Internet Services set to receive formal approval in Pakistan

Pakistan to legalize cryptocurrency to attract foreign investment, Bilal tells Bloomberg

Pakistan secures major breakthrough in rice exports to Kenya

Electricity generation rut goes on

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 20	280.28
USD PKR Interbank Buying / Mar 20	280.08
USD to Japanese Yen / Mar 20	148.40
USD to Swiss Franc / Mar 20	0.88
Pound Sterling to USD / Mar 20	1.30
Euro to USD / Mar 20	1.09
UK LIBOR % / Mar 19	4.96

Stock	Volume
S&P 500 / Mar 19	5,675.29
Tokyo Nikkei / Mar 19	37,751.88
Nasdaq / Mar 19	17,750.79
Dow Jones / Mar 19	41,964.63
India Sensex / Mar 20	76,000.05
Hang Seng / Mar 20	24,240.81
FTSE 100 / Mar 20	8,732.14
Germany DAX 30 / Mar 20	23,288.35
France CAC40 / Mar 20	8,163.28

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 19	17,285
Gold 10 Grams PKR / Mar 19	272,076
Crude Oil USD/Barrel / Mar 20	67.58
Gold Spot USD/Ounce / Mar 20	3,046.67
Cotton US¢/pound / Mar 20	66.70
Petrol/Litre / Mar 21	255.63
Diesel/Litre / Mar 21	258.64

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Mar 20 First Elite Capital Modaraba(FECM)	9.29 ▲ 0.94 (11.26%)
Sally Textile / Mar 20 Sally Textile Mills Limited(SLYT)	10 ▲ 1 (11.11%)
Jubilee Spinning / Mar 20 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.20 ▲ 1 (10.87%)
Universal Ins. / Mar 20 The Universal Insurance Company Limited(UVIC)	10.80 ▲ 1 (10.2%)
Crescent Textile / Mar 20 The Crescent Textile Mills Limited(CRTM)	14.72 ▲ 1.34 (10.01%)

Stock	Price
Burj Clean Energy Modaraba / Mar 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.29 ▼ -1 (-10.76%)
Int. Knit. / Mar 20 International Knitwear Limited(INKL)	19.57 ▼ -2.17 (-9.98%)
Sardar Chemical / Mar 20 Sardar Chemical Industries Limited(SARC)	32.75 ▼ -3.63 (-9.98%)
At-Tahur Ltd. / Mar 20 At-Tahur Limited(PREMA)	46.20 ▼ -5.07 (-9.89%)
Asim Textile / Mar 20 Asim Textile Mills Limited(ASTM)	14.10 ▼ -1.53 (-9.79%)

Stock	Volume
Cnergyico PK / Mar 20 Cnergyico PK Limited(CNERGY)	162,359,740 ▲ 0.68
Pak Int.Bulk / Mar 20 Pakistan International Bulk Terminal(PIBTL)	52,151,863 ▼ -0.33
Pak Refinery / Mar 20 Pakistan Refinery Limited(PRL)	44,734,751 ▲ 2.55
B.O.Punjab / Mar 20 The Bank of Punjab(BOP)	44,523,419 ▼ -0.52
Pak Elektron / Mar 20 Pak Elektron Limited(PAEL)	36,133,139 ▲ 0.06

Markets →

PM Shehbaz departs for official visit to Saudi Arabia

NSC meeting: PM Shehbaz urges national unity, political consensus to combat terrorism

PM Shehbaz says Taliban sympathisers responsible for security chaos

Jaffar Express attack: 27 terrorists killed, 155 passengers rescued as operation enters 2nd day

No sugar smuggled to Afghanistan, says Aurangzeb as Pakistan tightens grip

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 20	280.28
USD PKR Interbank Buying / Mar 20	280.08
USD to Japanese Yen / Mar 20	148.40
USD to Swiss Franc / Mar 20	0.88
Pound Sterling to USD / Mar 20	1.30
Euro to USD / Mar 20	1.09
UK LIBOR % / Mar 19	4.96

Stock	Volume
S&P 500 / Mar 19	5,675.29
Tokyo Nikkei / Mar 19	37,751.88
Nasdaq / Mar 19	17,750.79
Dow Jones / Mar 19	41,964.63
India Sensex / Mar 20	76,000.05
Hang Seng / Mar 20	24,240.81
FTSE 100 / Mar 20	8,732.14
Germany DAX 30 / Mar 20	23,288.35
France CAC40 / Mar 20	8,163.28

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 19	17,285
Gold 10 Grams PKR / Mar 19	272,076
Crude Oil USD/Barrel / Mar 20	67.58
Gold Spot USD/Ounce / Mar 20	3,046.67
Cotton US¢/pound / Mar 20	66.70
Petrol/Litre / Mar 21	255.63
Diesel/Litre / Mar 21	258.64

NJLI Sarmaya Growth Fund Rates

PSDP 2025-26: Water projects worth Rs424bn proposed

New design banknotes: Rs3.4bn paper machine upgrade project awarded to German firm

KSE-100 slips below 119,000 but still closes at another record high

Govt green-lights New Gwadar Shipyard Project

Starlink Internet Services set to receive formal approval in Pakistan

Pakistan to legalize cryptocurrency to attract foreign investment, Bilal tells Bloomberg

Pakistan secures major breakthrough in rice exports to Kenya

Electricity generation rut goes on

Business & Finance

EPBD endorses early cotton sowing strategy as ‘economic game-changer’

The Economic Policy and Business Development (EPBD) has released an analysis endorsing early cotton sowing as a... Published 20 Mar, 2025 10:33pm

BR Research

Electricity generation rut goes on

Pakistan’s national electricity grid generated more power in February of 2018 than in February of 2025. Let that...

Published 20 Mar, 2025 06:58am

Global debt exceeds $100 trillion as interest costs surge, OECD says

Rising interest costs leave borrowers face tough choices

Published 20 Mar, 2025 11:00pm

Industry

Pakistan formally accepts WTO’s agreement on fisheries subsidies

Pakistan's acceptance brings to 94 total number of WTO members that formally accepted Agreement on Fisheries Subsidies
Seventeen more formal acceptances needed for agreement to come into effect

Published 20 Mar, 2025 09:51pm

BR Research

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL), incorporated in 1998, is an oil marketing company and a part of the vertically...

Published 20 Mar, 2025 06:52am

Statistics

SBP-held foreign exchange reserves increase $49mn, now stand at $11.15bn

Total liquid foreign reserves of country stand at $16.02 billion

Updated 20 Mar, 2025 10:51pm

National Savings Schemes: CDNS increases profit rates on majority of its instruments

The Central Directorate of National Savings (CDNS) has increased profit rates on several of its National Savings... Updated 20 Mar, 2025 10:40pm

Commodities

Gold gains further Rs1,800/tola to hit fresh record high in Pakistan

Gold prices continued to soar in Pakistan in line with their increase in the international rates. In the local... Updated 20 Mar, 2025 10:52pm

Countries holding largest gold reserves: US, Germany, Italy lead the way

China, India dominate Asian reserves as gold rally continues
Pakistan is 49th on list with 64.7 tonnes as of January 2025

Published 20 Mar, 2025 03:59pm

Statistics

Pakistan inflation expected to fall below 1%, says brokerage house

Pakistan headline inflation is expected to remain between 0.5-1% in March 2025, the lowest monthly year-on-year... Updated 20 Mar, 2025 09:06pm

BR Research

Pakistan’s CA: A fragile balance

The current account was nearly balanced in February, posting a deficit of only $12 million compared to a deficit of...

Published 19 Mar, 2025 07:06am

BR Research

GTI 2025: Pakistan’s security and economic crisis

Pakistan ranked as the second most impacted country by terrorism in the GTI 2025, with terrorism-related deaths...

Published 19 Mar, 2025 06:59am

BR Research

Century Paper & Board Mills Limited

Century Paper & Board Mills Limited (CEBP) was incorporated in Pakistan as a pub

Published 19 Mar, 2025 06:56am

BR Research

Energy crisis: Gridlock of gas and power

The government, under the guise of IMF conditions, has increased gas prices for captive power plants, along with an...

Published 18 Mar, 2025 07:17am

Pakistan

FO denies ‘knowledge’ of Pakistanis’ Israel visit, reaffirms pro-Palestine stance

The Ministry of Foreign Affairs clarified on Thursday that it had no prior “knowledge or information” about the... Updated 20 Mar, 2025 10:51pm

Pakistan slips to 109th in global happiness rankings, still ahead of regional neighbours

Pakistan’s position in the World Happiness Report 2025 has dipped slightly, falling one spot to 109th compared to... Published 20 Mar, 2025 07:18pm

Eid-ul-Fitr 2025: PMD says ‘good chance’ of Shawwal moon sighting on March 30

The moon of Shawwal 1446 AH is expected to be sighted on the evening of March 30, 2025 (29th Ramadan), the Pakistan... Published 20 Mar, 2025 06:00pm

Saudi Crown Prince vows enhanced welfare measures for Pakistani community

Prime Minister Shehbaz Sharif calls on crown prince in KSA

Updated 20 Mar, 2025 09:04pm

2025-03-20-02-33

SC sets up ‘anti-corruption hotline’

ISLAMABAD: The Supreme Court of Pakistan established a dedicated Anti-Corruption Hotline to curb the menace of bribe... Published 20 Mar, 2025 05:30am

2025-03-20-02-33

Torkham border reopened after 27 days

ISLAMABAD: In a positive development, Pak-Afghan crossing point at Torkham was reopened on Wednesday evening for... Published 20 Mar, 2025 05:30am

World

Ukraine strikes Russian strategic bomber airfield, triggering huge blast

MOSCOW: Ukraine struck a major Russian strategic bomber airfield on Thursday with drones, triggering a huge blast... Published 20 Mar, 2025 10:41pm

Middle East

Iran FM says Trump’s nuclear talks letter ‘more of a threat’

TEHRAN: Iran’s Foreign Minister Abbas Araghchi said on Thursday that a recent letter sent by US President Donald... Published 20 Mar, 2025 06:31pm

Europe

Zelenskyy plays down prospect of US ownership of Ukraine nuclear plants

OSLO: Ukrainian President Volodymyr Zelenskyy on Thursday said he could not legally negotiate ownership of the... Published 20 Mar, 2025 08:57pm

Europe

Russia to hold talks with US in Riyadh Monday: Kremlin

MOSCOW: Russian and US officials will hold talks on Ukraine in Saudi Arabia on Monday, President Vladimir Putin’s... Published 20 Mar, 2025 06:21pm

South Asia

Indian researcher detained in US over alleged Hamas ties

WASHINGTON: An Indian researcher at a top university in the United States with a valid visa has been arrested and is... Published 20 Mar, 2025 09:01pm

Editorials

LSM still negative

EDITORIAL: Pakistan Bureau of Statistics (PBS) released the Quantum Indices of Large Scale Manufacturing (LSM) which...

Misleading assertions

EDITORIAL: In a wide ranging interview he recently gave American podcaster, Lex Fridman, Indian Prime Minister...

The high cost of punitive taxation

EDITORIAL: The fundamentally flawed nature of the tax regime operational in Pakistan is both well-documented and...

Rising anti-Muslim bigotry

EDITORIAL: It’s been three years since the UN General Assembly unanimously adopted a resolution, moved by Pakistan...

Staff Level Agreement: misplaced optimism?

EDITORIAL: The International Monetary Fund (IMF) on the last day of its first review mission to Pakistan - from 24...

Opinion

Fence is the best defence

Dr Farid A Malik

Insulation from the turmoil-laden Afghanistan is the best option for Pakistan. Afghan War III must be avoided at all...

Pakistan’s wheat ‘crisis’: time to formulate new policies

Khalid Hameed

As Pakistan’s largest reservoirs, Tarbela and Mangla, teeter near dead levels, the nation faces a dual crisis, acute...

Why net metering reforms alone won’t fix the grid crisis

Engr Abubakar Ismail

Pakistan has long struggled with comprehensive, long-term energy policies that take a consolidated approach to...

Rethinking public-private partnership regime

Syed Abrar Hussain

Public Private Partnership (PPP) regime in Pakistan, although still in its infancy, has made significant strides in...

Mental health - more than a buzz word

Andleeb Abbas

Burn out. Stressed. Down. These three words are screaming out of most engagement surveys that are coming out in...

Perspectives

Donald Trump’s crypto gamble

Dr Ajaz Ali

As the U.S. government formalises its involvement in the crypto industry, the future of digital currencies appears...

Net-metering in Pakistan: A solution for clean energy or a grid crisis?

Rehan Ayub

The Economic Coordination Committee (ECC) of the Cabinet approved on Thursday a set of amendments to the...

President Trump’s skewed foreign policy: Zelenskyy vs. Netanyahu

Faiza Virani

US foreign policy remains vastly disparate regarding both conflicts

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