Home - Business Recorder

Published 27 Jul, 2024 06:16am

Far behind $17.619bn annual target: $9.811bn borrowed from multiple financing sources in FY24

ISLAMABAD: The country borrowed $9.811 billion from multiple financing sources during fiscal year 2023-24, far ...

NA panel told: China, KSA likely to roll over $9bn loans

Published 27 Jul, 2024 06:16am

China briefed about govt-IMF engagements

Published 27 Jul, 2024 06:16am

Refinery project: Sinopec, Aramco not satisfied with PSO data

Published 27 Jul, 2024 06:16am

Nepra tells KE: ‘Load-shedding only when necessary’

Published 27 Jul, 2024 06:16am

Reserved seats: PTI submits list of 67 women, 11 minority candidates

Published 27 Jul, 2024 06:16am

5-member JIT to probe PTI social media’s campaign

Published 27 Jul, 2024 06:16am

Gandapur says ‘won’t allow any operation’ in KP

Published 27 Jul, 2024 06:16am

SECP survey: Digital insurance premiums show dismal picture

Published 27 Jul, 2024 06:16am

Revival of PSM nearly impossible, NA panel told

Published 27 Jul, 2024 06:16am

Weekly SPI inflation up 0.17pc

Published 27 Jul, 2024 06:16am

Must Read

Editorials

Dilemma of sugar exports

Opinion

OECD, Pakistan & tax evasion

Opinion

Pakistan’s weak economic growth outlook

Pakistan

Pakistanis have a rising interest in relocating to Dubai: immigration expert

BR Research

Private sector credit: will next growth cycle be on solid foundations?

Business & Finance

Honda Atlas plans to enter hybrid cars market at CAPEX of Rs5bn: report

Business & Finance

Budget 2024-25: income tax calculator for FY25

Editorials

SMEs and the formal economy

Opinion

When did Noah build the Ark?

Opinion

IPPs: why leaders must lead from the front

BR Research

MPS: Rate cut imminent

Calculate your monthly liability in FY24

Budget 2024-25: income tax calculator for FY25

Economic team meets China’s finance minister: Pakistan explains its approach to challenges

Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost

Honda Atlas plans to enter hybrid cars market at CAPEX of Rs5bn: report

Pakistanis have a rising interest in relocating to Dubai: immigration expert

No loss of life as fire doused at Karachi’s Kashif Center

Chinese team due next week: Planning ministry finalises its ‘wish list’

Rupee marginally up against US dollar

‘Tax fraud’ definition expanded under revised Sales Tax Act 1990

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Budget 2024-25: income tax calculator for FY25

Economic team meets China’s finance minister: Pakistan explains its approach to challenges

Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost

Honda Atlas plans to enter hybrid cars market at CAPEX of Rs5bn: report

Pakistanis have a rising interest in relocating to Dubai: immigration expert

No loss of life as fire doused at Karachi’s Kashif Center

Chinese team due next week: Planning ministry finalises its ‘wish list’

Rupee marginally up against US dollar

‘Tax fraud’ definition expanded under revised Sales Tax Act 1990

Business & Finance

2024-07-27-03-23

G20 financial chiefs to flag global economic ‘soft landing’

RIO DE JANEIRO: G20 financial leaders will say on Friday there is a rising likelihood of a global economic “soft... Published 27 Jul, 2024 06:16am

BR Research

Private sector credit: will next growth cycle be on solid foundations?

Over the last two years, Pakistan’s formal sector has witnessed the most dramatic contraction in its history. If the...

Published 26 Jul, 2024 08:30am

2024-07-27-03-23

SBP widely seen cutting rates

KARACHI: Central bank will likely cut its key interest rate again on Monday in its first policy meeting following ... Published 27 Jul, 2024 06:16am

2024-07-27-03-23

Flood damaged houses in Sindh: ADB approves $400m concessional loan

ISLAMABAD: The Asian Development Bank (ADB) approved a $400 million concessional loan to support the reconstruction... Published 27 Jul, 2024 06:16am

BR Research

FDI in FY24

Troubles in attracting foreign direct investment continue for Pakistan as the country grapples with economic and...

Published 26 Jul, 2024 08:25am

2024-07-27-03-23

Pakistan, China discuss finance cooperation

BEIJING: China’s central bank governor Pan Gongsheng on Friday met with Pakistan’s Finance Minister Muhammad... Published 27 Jul, 2024 06:16am

2024-07-27-03-23

Pakistan’s incidence of tax on salaried class 3 times higher than India’s: PBC

A comparison... Published 27 Jul, 2024 06:16am

2024-07-27-01-17

Capacity payment agreements with IPPs: Govt could face severe business disruptions: UBG

KARACHI: Central President of the United Business Group, Zubair Tufail, has warned the government that if the... Published 27 Jul, 2024 07:08am

2024-07-27-01-53

One-window facilities: 40 counters to work in BOI BFC: Aleem

ISLAMABAD: A Business Facilitation Center (BFC) being established under the banner of the Board of Investment (BOI),... Published 27 Jul, 2024 07:00am

2024-07-27-01-17

Kakar elected president of FPCCI’s think tank

LAHORE Pakistan’s business community on Friday elected former Prime Minister Anwar-ul-Haq Kakar as President of... Updated 27 Jul, 2024 07:13am

BR Research

NetSol Technologies Limited

NetSol Technologies Limited (PSX: NETSOL) was incorporated in Pakistan as a private limited company in 1996 and was...

Published 26 Jul, 2024 08:21am

BR Research

MPS: Rate cut imminent

The monetary policy announcement is set for Monday, with markets anticipating a significant 150 basis points (bps)...

Published 25 Jul, 2024 08:19am

BR Research

Honda: Patchy road ahead

Are the dark clouds finally separating for the automobile industry? Even though automobile assemblers, Honda Atlas...

Published 25 Jul, 2024 08:16am

BR Research

Dandot Cement Limited

Dandot Cement Limited (PSX: DNCC) was incorporated in Pakistan as a public limited company in 1980 and began its...

Published 25 Jul, 2024 08:14am

Pakistan

2024-07-27-03-23

PTI postpones Islamabad protest until Monday

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) has announced the postponement of its planned protest in Islamabad,... Published 27 Jul, 2024 06:16am

2024-07-27-03-23

Pakistan rejects Modi’s belligerent remarks

ISLAMABAD: Pakistan, on Friday, rejected Indian Prime Minister Narendra Modi’s belligerent remarks and advised ... Published 27 Jul, 2024 06:16am

2024-07-27-01-53

Terrorist killed in NWA IBO

RAWALPINDI: Security forces conducted an intelligence-based operation in North Waziristan District on reported... Published 27 Jul, 2024 06:16am

2024-07-27-01-53

SAU for joint research with China to combat Panama Wilt disease

HYDERABAD: Sindh Agriculture University (SAU) has proposed collaborative research effort with Chinese experts to... Published 27 Jul, 2024 06:16am

2024-07-27-01-53

LHC disposes of Bushra’s plea

LAHORE: The Lahore High Court on Friday disposed of a petition of Bushra Bibi the jailed wife of former PTI chairman... Published 27 Jul, 2024 06:16am

2024-07-27-01-53

Govt ready to hold talks with JI: Tarar

ISLAMABAD: Minister for Information, Broadcasting, Culture, and National Heritage Attaullah Tarar, on Friday,... Published 27 Jul, 2024 06:16am

World

2024-07-27-03-23

CPJ says deeply concerned at killing of BD journalists

NEW YORK: The Committee to Protect Journalists has called on Bangladesh authorities to investigate the killings of... Published 27 Jul, 2024 06:16am

Gaza mediators, Israel spy chief to meet in Rome: Egypt media

CAIRO: Egyptian, Qatari and US mediators are to meet with Israeli negotiators in the Italian capital Sunday in the... Published 27 Jul, 2024 12:56am

Europe

G20 seeks common ground on taxing super-rich

RIO DE JANEIRO: G20 finance ministers are expected to take a first step towards international cooperation on taxing... Published 26 Jul, 2024 11:07pm

Europe

Britain will not pursue ICC challenge over Netanyahu arrest warrant

LONDON: Britain said on Friday it would not proceed with efforts to question whether the International Criminal... Published 26 Jul, 2024 05:24pm

South Asia

Pakistan rejects Indian prime minister’s ‘belligerent remarks’

FO says India should reflect on its own campaign of orchestrating targeted assassinations, subversion and terrorism in foreign territories

Updated 26 Jul, 2024 10:30pm

Editorials

Property valuations and market rates

EDITORIAL: About time the FBR (Federal Board of Revenue) directed its field formations to increase property ...

Sins of the past

EDITORIAL: Surely, a senior Supreme Court (SC) justice speaks not just for himself but the entire judicial hierarchy...

Record-breaking heat

EDITORIAL: Climate change is driving up average world temperatures much beyond the Global Stock take assessment. ...

Dilemma of sugar exports

EDITORIAL: Contrary to the widely-held belief that players within the sugar industry are some of the most ...

BJP’s latest outrageous act

EDITORIAL: Furthering their party’s patently discriminatory anti-Muslim agenda, the BJP-ruled Utter Pradesh and...

Opinion

IPPs: one of the most difficult conundrums

Farhat Ali

For decades the public at large has been agitating in futility against electricity tariff hikes and power cuts. This...

Migration is a mirage

Zia Ul Islam Zuberi

I know that in every young heart there is a desire to explore the world .For those who have never travelled there ...

Further deepening reform comprehensively to advance Chinese modernisation

Yang Yundong

From July 15 to 18, the third plenary session of the 20th Central Committee of the Communist Party of China was held...

OECD, Pakistan & tax evasion

Huzaima Bukhari | Dr Ikramul Haq | Abdul Rauf Shakoori

The Organisation for Economic Co-operation and Development (OECD), an international organization dedicated to...

Pakistan’s weak economic growth outlook

Dr Omer Javed

The July update of International Monetary Fund’s (IMF’s or simply Fund’s) flagship report, titled ‘World Economic...

Perspectives

Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost

Faiza Virani

At last, the global spectacle has come to an end. The last scion of the Ambani family has completed his grand...

Gilgit-Baltistan: in Skardu and Gilgit, you truly get to appreciate nature

Travel Recorder

Area's beauty and warm hospitality left an indelible mark on my heart, and it is hoped that the region’s tourism potential is preserved and protected for generations to come

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