Home - Business Recorder

Published 17 Oct, 2026 10:59pm

Pakistan extends ban on Indian aircraft using its airspace until Nov 24

Restriction covers Indian-registered aircraft as well as aircraft owned, operated or leased by Indian airlines or operators.

World

Iran backs 'political process' to resolve Saudi-Houthi conflict: FM Araghchi

Updated 17 Oct, 2026 09:13pm

Pakistan

Any miscalculation will invite response beyond adversary’s imagination, warns strategic commander

Updated 17 Oct, 2026 07:27pm

Markets

Pakistan Rice Festival held in Hungary: minister says govt committed to increasing agri, food exports

Published 17 Oct, 2026 09:32pm

Pakistan

Pakistan Army responds to ‘unprovoked’ Afghan Taliban firing in Kurram sector: state media

Published 17 Oct, 2026 10:04pm

Business & Finance

CCP’s Bid-Rigging Detection System featured in Stanford Global Antitrust report

Published 17 Oct, 2026 09:47pm

Markets

Attacks on Gulf energy infrastructure 'worrying' for Pakistan’s economic outlook: finance minister

Published 17 Oct, 2026 04:15pm

Markets

Oil prices gain more than 3%, heading for weekly gain with focus on Middle East supply

Updated 17 Oct, 2026 12:08pm

Business & Finance

Pakistan bank deposits double to Rs40.83tr in 4 years, but lending to govt raises growth concerns

Published 17 Oct, 2026 08:46pm

Business & Finance

NIC Karachi inducts 35 startups into Cohort 16

Published 17 Oct, 2026 09:07pm

Markets

Gold price per tola fall by Rs1,600 in Pakistan

Updated 17 Oct, 2026 10:09pm

Must Read

LIVE: IMF-World Bank meetings

Editorials

Recovery, poverty permitting

Business & Finance

PIA has nominated Adrian Hamilton as its CEO

Perspectives

How vertical video is putting the power of storytelling back in people's hands

Editorials

A bigger catch, a wider net

Opinion

Another round of Gulf insecurity

Opinion

Crime in the digital age

World

White House press secretary Zacharia fired in less than a week after facing criticism

Perspectives

People can do everything right and still lose

World

Bangladesh is battling measles. It's a 'real warning' to other nations

Editorials

State of economy: stabilisation at the cost of growth

PIA has nominated Adrian Hamilton as its CEO

Govt reduces petrol price by Rs3.93 per litre, keeps diesel's unchanged

Any miscalculation will invite response beyond adversary’s imagination, warns strategic commander

PRAL in, FBR out

Recovery, poverty permitting

Gold price per tola fall by Rs1,600 in Pakistan

Gold rate in Pakistan rises by Rs2,800 per tola

Income tax refunds: FBR chief orders formulation of time-bound procedure

Tax audit, assessment: FBR implements faceless system

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 16	277.11 ▼ -0.05
USD PKR Interbank Buying / Oct 16	276.91 ▼ -0.01
USD to Japanese Yen / Oct 16	158.02 ▼ -0.13
USD to Swiss Franc / Oct 16	0.82 ▼ -0.0038
Pound Sterling to USD / Oct 16	1.33 ▲ 0.0054
Euro to USD / Oct 16	1.12 ▲ 0.0024
SOFR % / Oct 15	3.89 ▲ 0.01
UK LIBOR % / Dec 5	4.96 -

Stock	Volume
S&P 500 / Oct 16	7,659.44
India Sensex / Oct 16	74,729.27
Tokyo Nikkei / Oct 16	65,324.29
Nasdaq / Oct 16	26,140.03
Hang Seng / Oct 16	24,186.83
FTSE 100 / Oct 16	10,881.90
Dow Jones / Oct 16	52,002.41
Germany DAX 30 / Oct 16	25,622.61
France CAC40 / Oct 16	7,956.70

Item	Value
Petrol/Litre / Oct 18	390.23
Diesel/Litre / Oct 18	396.96
Crude Oil USD/Barrel / Oct 16	101.41
Karachi Cotton PKR/37.32 KG / Oct 16	18,580
Gold 10 Grams PKR / Oct 16	377,774
Gold Spot USD/Ounce / Oct 16	4,165.58
Cotton US¢/pound / Oct 16	80

Gainers
Losers
Leaders

Stock	Price
Unicap Modaraba / Oct 16 Unicap Modaraba(UCAPM)	12.06 ▲ 1.1 (10.04%)
Atlas Battery / Oct 16 Atlas Battery Limited(ATBA)	175.82 ▲ 15.98 (10%)
Bolan Casting / Oct 16 Bolan Castings Limited(BCL)	77.33 ▲ 7.03 (10%)
Bannu Woollen / Oct 16 Bannu Woollen Mills Limited(BNWM)	66.19 ▲ 6.02 (10%)
Crescent Fib. / Oct 16 Crescent Fibres Limited(CFL)	68.95 ▲ 6.27 (10%)

Stock	Price
Shahtaj Textile / Oct 16 Shahtaj Textile Limited(STJT)	135.55 ▼ -18.86 (-12.21%)
Aisha Steel(ConPS) / Oct 16 Aisha Steel(ConPS)(ASLPS)	20.14 ▼ -2.24 (-10.01%)
First Tri-Star Mod. / Oct 16 First Tri-Star Modaraba(FTSM)	34.65 ▼ -3.85 (-10%)
J.A.Textile / Oct 16 J.A. Textile Mills Limited(JATM)	55.42 ▼ -6.16 (-10%)
Kohat Textile / Oct 16 Kohat Textile Mills Limited(KOHTM)	104.16 ▼ -11.57 (-10%)

Stock	Volume
Pakistan Refinery / Oct 16 Pakistan Refinery Limited(PRL)	38,424,845 ▲ 3.19
Cnergyico PK / Oct 16 Cnergyico PK Limited(CNERGY)	37,138,368 ▲ 0.05
K-Electric Ltd. / Oct 16 K-Electric Limited(KEL)	27,980,081 ▲ 0.18
Wasl Mobility Mod. / Oct 16 Wasl Mobility Modaraba(WASL)	15,691,917 ▲ 0.37
Pace (Pak) Ltd. / Oct 16 Pace (Pakistan) Limited(PACE)	12,304,071 ▲ 0.13

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 16	277.11 ▼ -0.05
USD PKR Interbank Buying / Oct 16	276.91 ▼ -0.01
USD to Japanese Yen / Oct 16	158.02 ▼ -0.13
USD to Swiss Franc / Oct 16	0.82 ▼ -0.0038
Pound Sterling to USD / Oct 16	1.33 ▲ 0.0054
Euro to USD / Oct 16	1.12 ▲ 0.0024
SOFR % / Oct 15	3.89 ▲ 0.01
UK LIBOR % / Dec 5	4.96 -

Stock	Volume
S&P 500 / Oct 16	7,659.44
India Sensex / Oct 16	74,729.27
Tokyo Nikkei / Oct 16	65,324.29
Nasdaq / Oct 16	26,140.03
Hang Seng / Oct 16	24,186.83
FTSE 100 / Oct 16	10,881.90
Dow Jones / Oct 16	52,002.41
Germany DAX 30 / Oct 16	25,622.61
France CAC40 / Oct 16	7,956.70

Item	Value
Petrol/Litre / Oct 18	390.23
Diesel/Litre / Oct 18	396.96
Crude Oil USD/Barrel / Oct 16	101.41
Karachi Cotton PKR/37.32 KG / Oct 16	18,580
Gold 10 Grams PKR / Oct 16	377,774
Gold Spot USD/Ounce / Oct 16	4,165.58
Cotton US¢/pound / Oct 16	80

PIA has nominated Adrian Hamilton as its CEO

Govt reduces petrol price by Rs3.93 per litre, keeps diesel's unchanged

Any miscalculation will invite response beyond adversary’s imagination, warns strategic commander

PRAL in, FBR out

Recovery, poverty permitting

Gold price per tola fall by Rs1,600 in Pakistan

Gold rate in Pakistan rises by Rs2,800 per tola

Income tax refunds: FBR chief orders formulation of time-bound procedure

Tax audit, assessment: FBR implements faceless system

Latest Videos

Pakistan’s auto sales rise 20% despite policy uncertainty

Ethical consumption: what does it really mean?

How will the 5% minimum tax on digital content work?

Petrol prices: the case for deregulation

How bank card discounts work

Business & Finance

CCP’s Bid-Rigging Detection System featured in Stanford Global Antitrust report

Report brings together first-hand accounts from 30 competition authorities

Published 17 Oct, 2026 09:47pm

BR Research

Missing auto policy amid growing auto sales

Pakistan’s new auto policy is nowhere to be seen, but car sales continue to grow. What is changing is the...

Published 16 Oct, 2026 05:31am

Pakistan Rice Festival held in Hungary: minister says govt committed to increasing agri, food exports

Event was organised in collaboration with Commerce ministry and Trade Development Authority of Pakistan

Published 17 Oct, 2026 09:32pm

NIC Karachi inducts 35 startups into Cohort 16

Latest cohort was selected through competitive process that attracted over 700 applications

Published 17 Oct, 2026 09:07pm

BR Research

Ismail Industries Limited: performance and outlook

Ismail Industries Limited (PSX: ISIL) was incorporated in Pakistan as a private limited company in 1988 and was...

Updated 16 Oct, 2026 07:43am

Pakistan bank deposits double to Rs40.83tr in 4 years, but lending to govt raises growth concerns

Deposits held by Pakistan’s scheduled banks have nearly doubled to Rs40.83 trillion in September 2026 from Rs21... Published 17 Oct, 2026 08:46pm

Commodities

Gold price per tola fall by Rs1,600 in Pakistan

International rate of gold declines by $16 to reach $4,165 per ounce

Updated 17 Oct, 2026 10:09pm

Aurangzeb holds financing talks with banks, UNDP on sidelines of IMF-World Bank meetings

Discusses new Sukuk, debt restructuring, and infrastructure investments with global banks in Bangkok to boost economic growth

Published 17 Oct, 2026 02:13pm

Energy

Oil touches USD110 a barrel for first time since May

HOUSTON: Brent touched USD110 a barrel for the first time since May on Friday on worries that escalating tensions in... Published 17 Oct, 2026 06:57am

2026-10-17-02-21

Petrol price cut by Rs3.93; HSD’s remains unchanged

ISLAMABAD: The government on Friday reduced the price of petrol by Rs3.93 per litre for next three days effective... Published 17 Oct, 2026 06:48am

BR Research

Cement recovery remains uneven

Pakistan’s cement sector ended the first quarter of FY27 on a positive note, with domestic demand picking up despite...

Updated 15 Oct, 2026 07:20am

BR Research

Shabbir Tiles & Ceramics Limited: performance and outlook

Shabbir Tiles & Ceramics Limited (PSX: STCL) was incorporated in Pakistan as a public limited company in 1978....

Updated 15 Oct, 2026 07:25am

BR Research

The business of staying small

A microfinance institution can double its loan portfolio, expand its borrower base and report another successful...

Updated 14 Oct, 2026 07:22am

BR Research

The Organic Meat Company Limited: performance and outlook

The Organic Meat Company Limited (PSX: TOMCL) was incorporated in Pakistan as a private limited company in 2010. The...

Updated 14 Oct, 2026 07:32am

Pakistan

Pakistan extends ban on Indian aircraft using its airspace until Nov 24

Restriction covers Indian-registered aircraft as well as aircraft owned, operated or leased by Indian airlines or operators.

Published 17 Oct, 2026 10:59pm

Pakistan Army responds to ‘unprovoked’ Afghan Taliban firing in Kurram sector: state media

Pakistan’s military was responding with heavy weapons to unprovoked firing by the Afghan Taliban in the Kurram... Published 17 Oct, 2026 10:04pm

Any miscalculation will invite response beyond adversary’s imagination, warns strategic commander

Says no room for war in nuclear era, Pakistan Army adapting to changing dynamics of modern warfare

Updated 17 Oct, 2026 07:27pm

2026-10-17-02-21

Electoral reforms: NA passes motion to form parliamentary body

ISLAMABAD: The National Assembly on Friday approved a motion authorizing Speaker Sardar Ayaz Sadiq to constitute a... Published 17 Oct, 2026 06:51am

2026-10-17-02-22

CM inaugurates four uplift projects in Sahiwal

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif on Friday inaugurated four development projects worth Rs5.61... Published 17 Oct, 2026 04:52am

2026-10-17-02-22

Civil aviation sector: Dar reviews developments, key priorities

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar on Friday chaired a... Published 17 Oct, 2026 04:52am

World

Africa

Egypt's Sisi asks parliament to authorise support for Saudi Arabia

Egypt joined the Saudi-led intervention in 2015, although its role has largely focused on securing Red Sea shipping routes

Published 17 Oct, 2026 09:57pm

Middle East

Iran backs 'political process' to resolve Saudi-Houthi conflict: FM Araghchi

Tehran denies involvement in Houthi attacks and calls for regional cooperation, emphasising shared security or insecurity

Updated 17 Oct, 2026 09:13pm

Europe

Tear gas, clashes hit French cities in cost-of-living protests

Student-led movement broadens into nationwide protests over inequality and public spending

Updated 17 Oct, 2026 06:06pm

South Asia

India's 'cockroach' movement founder released a day after detention

Abhijeet Dipke had been detained on Friday

Published 17 Oct, 2026 05:30pm

South Asia

Sri Lanka suffers nationwide electricity blackout

Says engineers were working to fix a fault affecting the entire grid, and suspected excess solar power had caused the breakdown

Published 17 Oct, 2026 05:17pm

Pakistan has not qualified for the ODI World Cup semi-finals since 2011

Published 17 Oct, 2026 05:45pm

Sports

Most Popular

Most Popular

Pakistan’s auto sales rise 20% despite policy uncertainty

Ethical consumption: what does it really mean?

How will the 5% minimum tax on digital content work?

Petrol prices: the case for deregulation

How bank card discounts work