Must Read

Editorials

SBP Governor’s report

EDITORIAL: State Bank of Pakistan (SBP) uploaded two reports – one a statistical compilation of macroeconomic data...

Published 22 Oct, 2024 06:33am

Opinion

Performance targets in IMF programme

The newly approved IMF Programme in the form of a 37-month Extended Fund Facility can be considered as perhaps the...

Published 22 Oct, 2024 06:33am

Opinion

A hollow victory

After much huffing and puffing during the last few days if not weeks, the government has finally managed to get the...

Published 22 Oct, 2024 06:33am

BR Research

‘Cash and Code’ driving recovery

As expected, the current account is nearly balanced in the first quarter of the fiscal year. The story is...

Published 22 Oct, 2024 06:51am

Business & Finance

Asia Rising: Dubai’s transformation to becoming tech hub draws parallel with Silicon Valley and Bengalaru

DUBAI: Drawing parallels with India’s Bengaluru and Silicon Valley in the US, speakers highlighted Dubai’s rapid...

Published 22 Oct, 2024 06:33am

Pakistan

Here is the full text of Constitution (26th Amendment) Act, 2024

The National Assembly (NA) released the Constitution (Twenty-sixth Amendment) Act, 2024 on Monday, after it sailed...

Updated 21 Oct, 2024 06:43pm

Technology

UAE visa rejections, hosting GITEX in Pakistan: ambassador Faisal Tirmizi breaks it down

DUBAI: Ambassador to the UAE Faisal Niaz Tirmizi did not mince words as he acknowledged the recent ‘visa situation’...

Updated 21 Oct, 2024 01:26pm

World

As poor nations’ default wave peaks, cash shortage could take its place

LONDON: The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka...

Updated 22 Oct, 2024 04:31pm

Editorials

Domestic debt

EDITORIAL: The federal government has retired over one trillion rupees of domestic debt borrowed for budgetary...

Published 21 Oct, 2024 06:39am

Opinion

IMF programme: lack of ingenuity?

The narrative led by Prime Minister Shehbaz Sharif and Finance Minister Muhammad Aurangzeb is that the economy has...

Updated 21 Oct, 2024 07:07am

Opinion

Squeezing lemons: the fallout of lazy reforms

The government is resorting to lazy reforms, putting pressure on the known and compliant while ignoring systemic...

Published 21 Oct, 2024 06:44am

Technology

Expand North Star in Dubai: from prosthetic limbs to drones for disaster relief, startups seek to address Pakistan’s challenges

DUBAI: Pakistan is a country grappling with a range of systemic challenges—be it healthcare, city management,...

Published 21 Oct, 2024 06:04am

BR Research

POL 1QFY25 – Profits hit by exploration costs

The overall oil and gas E&P sector is expected to see a decline in profitability during 1QFY25, largely due to...

Published 21 Oct, 2024 09:15am

Editorials

‘Holistic reforms’ in governance

EDITORIAL: It’s interesting that two separate civil society organisations have asked the government to hold...

Updated 20 Oct, 2024 06:19am

Opinion

Revival of cotton a must

The significance of cotton for Pakistan’s economy is fundamental, as it plays a pivotal role in agriculture,...

Updated 20 Oct, 2024 06:33am

Pakistan

Modern pressures burden Pakistan’s donkey business

KARACHI: Droves of braying donkeys were once the backbone of Pakistan’s commercial hub Karachi, but growing upkeep...

Published 20 Oct, 2024 11:47am

Editorials

Security through lockdown

EDITORIAL: Hosting the Shanghai Cooperation Organisation (SCO) conference is by rotation; however, Pakistan rightly...

Published 19 Oct, 2024 06:48am

Opinion

IMF: reputation at stake

A new report of the International Monetary Fund (IMF) disclosed that the lender has risked its reputation by...

Published 19 Oct, 2024 06:48am

Editorials

IMF programme: flawed architecture

EDITORIAL: The IMF’s approach to reforming economies that seem perpetually trapped in its programmes is proving...

Published 18 Oct, 2024 06:44am

Opinion

SCO, IMF & reforms

Hosting the Shanghai Cooperation Organization (SCO) summit in Islamabad by Pakistan on October 15-16, 2024 was a ...

Published 18 Oct, 2024 06:38am

Opinion

IMF’s risk assessment: eyes half shut

The first coronavirus outbreak – SARS – in the shape of epidemic happened around the beginning of this century....

Published 18 Oct, 2024 06:41am

World

Airlines suspend flights as Middle East tensions rise

Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the...

Published 18 Oct, 2024 06:13pm

Editorials

Termination of contracts with IPPs

EDITORIAL: The government’s decision to terminate power purchase agreements (PPAs) with five of Pakistan’s ...

Published 17 Oct, 2024 06:34am

Opinion

Electricity market stuck in limbo

Pakistan’s electricity sector reform has been a topic of discussion for over three decades, with the ambition to...

Published 17 Oct, 2024 06:34am

Technology

GITEX GLOBAL: Dubai looks to join league of ‘smart cities’

Role and evolution of ‘smart cities’ was discussed at GITEX GLOBAL 2024 as Dubai remains well on its way to...

Published 17 Oct, 2024 03:16pm

BR Research

Petroleum Levy target: A Rs215 billion cut

The IMF Article IV Report detailing the contours of Pakistan’s latest Extended Financing Facility (EFF) is finally...

Published 17 Oct, 2024 06:33am

World

Yahya Sinwar, the Hamas leader committed to eradicating Israel

Hamas leader Yahya Sinwar remained unrepentant about the October 7 attacks a year ago, people in contact with him...

Updated 17 Oct, 2024 11:41pm

BR Research

Cement’s bag of magic tricks

If there is one lesson that Pakistani companies could learn from the cement business, it is how to make money in a...

Published 17 Oct, 2024 06:28am

Business & Finance

From ‘small village’ to humanoid teachers, hugging robots: GITEX GLOBAL highlights Dubai’s rise

DUBAI: Dubai Minister of State for Artificial Intelligence Omar bin Sultan Al Olama reminisced about the time when...

Published 17 Oct, 2024 06:34am

Editorials

Govt debt hits ‘all time high’

EDITORIAL: The economy clearly seems on the mend. The IMF programme is under way, inflation has dropped...

Published 17 Oct, 2024 06:34am

Opinion

Net metering: Balancing the scales—I

Potential promises of clean, sustainable, and long-term cost-saving alternatives have dominated the discussion about...

Published 17 Oct, 2024 06:34am

Editorials

IMF’s reputational risks

EDITORIAL: In documents uploaded on the International Monetary Fund (IMF) website in the early hours of this Friday...

Updated 16 Oct, 2024 08:36am

Opinion

When trust goes down…

Business goes down. Stock market goes down. Growth goes down. These are the hot news ingredients that become...

Updated 16 Oct, 2024 08:39am

Technology

Pakistan’s tech sector reaps huge returns at GITEX, Dubai: PSEB acting CEO

DUBAI: Pakistan Software Export Board (PSEB) Acting CEO Zeeshan Khattak said the country’s tech companies are...

Published 16 Oct, 2024 06:58am

BR Research

Solar gains, grid pains

The standard for policymaking is to establish clearly defined short, medium, and long-term goals. Unfortunately,...

Published 16 Oct, 2024 09:49am

Opinion

ISMO: A game-changer for Pakistan’s electricity market?

In a significant step toward reforming Pakistan’s power sector, the Cabinet Committee on Energy (CCoE) recently...

Updated 16 Oct, 2024 08:31am

Opinion

Country losing billions due to agri mismanagement—II

Outdated farming techniques: Pakistani farmers continue to rely on obsolete and labour-intensive farming techniques,...

Updated 16 Oct, 2024 08:34am

Editorials

Stock market: what it means to be cautious

EDITORIAL: Pakistan Stock Market (PSX) is on a consistent rise. There are elements of re-rating of country risk by...

Published 15 Oct, 2024 06:47am

Opinion

Macroeconomic projections of IMF, WB

There have been two very recent sets of macroeconomic projections for Pakistan. The first is in the IMF Staff Report...

Published 15 Oct, 2024 06:47am

BR Research

Petroleum levy target: a Rs215 billion cut

The IMF Article IV Report detailing the contours of Pakistan’s latest Extended Financing Facility (EFF) is finally...

Published 15 Oct, 2024 09:12am

Technology

Pakistan’s tech sector aims for export boost through GITEX Global in Dubai

DUBAI: Shahid Iqbal, Executive Director of Pakistan-based Premier Cables, had high praise for GITEX Global,...

Updated 15 Oct, 2024 01:45pm

Technology

Gitex Global 2024 begins as Dubai highlights push to diversify economy

DUBAI: The 44th edition of GITEX GLOBAL 2024 — one of the world’s largest technology and startup events — commenced...

Updated 15 Oct, 2024 01:46pm

Opinion

State vs. citizens

The twists and turns preceding and accompanying the holding of the Pashtun Tahaffuz Movement’s (PTM’s) Jirga in...

Updated 15 Oct, 2024 07:11am

World

Hardeep Singh Nijjar — The Sikh separatist whose murder sparked India-Canada row

NEW DELHI: Sikh activist Hardeep Singh Nijjar, whose murder in June 2023 near his home in Vancouver sparked a...

Published 15 Oct, 2024 04:52pm

Editorials

Rise in home remittances

EDITORIAL: The State Bank of Pakistan website revealed a 39 percent rise in remittance inflows for the first quarter...

Published 14 Oct, 2024 07:00am

Opinion

Dated IMF staff report

The International Monetary Fund (IMF) uploaded documents early 11 October Pakistan time, nearly thirteen weeks after...

Updated 14 Oct, 2024 07:33am

Opinion

Victimising local IPP sponsors risks scaring future investment

The first round of IPP negotiations has concluded, resulting in the termination of five contracts through coercive...

Updated 14 Oct, 2024 07:35am

BR Research

Now you see it, now you don’t

Remember when home mortgages became a distinct possibility for hopeful homeowners across Pakistan, who had been...

Updated 14 Oct, 2024 10:55am

BR Research

Remittances to the rescue

The significance of worker remittances can be seen from the fact that over $8 billion came into the country in the...

Published 14 Oct, 2024 09:19am

Sports

Dropped: The rise and fall of Pakistan batting maestro Babar Azam

MULTAN: Babar Azam was on top of the world two years ago – Pakistan captain and top-rated batsman in all three...

Published 13 Oct, 2024 07:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 21	277.82
USD PKR Interbank Buying / Oct 21	277.60
USD to Japanese Yen / Oct 22	150.86
USD to Swiss Franc / Oct 22	0.87
Pound Sterling to USD / Oct 22	1.30
Euro to USD / Oct 22	1.08

Stock	Volume
S&P 500 / Oct 21	5,853.98
Nasdaq / Oct 21	18,540.01
FTSE 100 / Oct 21	8,318.24
Dow Jones / Oct 21	42,931.60
Germany DAX 30 / Oct 21	19,461.19
France CAC40 / Oct 21	7,536.23
India Sensex / Oct 22	80,819.52
Tokyo Nikkei / Oct 22	38,436.98

Item	Value
Gold 10 Grams PKR / Oct 21	242,027
Petrol/Litre / Oct 22	247.03
Crude Oil USD/Barrel / Oct 22	70.33
Karachi Cotton PKR/37.32 KG / Oct 22	18,085
Gold Spot USD/Ounce / Oct 22	2,734.40
Diesel/Litre / Oct 22	251.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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