Must Read

Editorials

An MPS amid growing economic distress

EDITORIAL: The Monetary Policy Committee (MPC) met on 23 May as earlier scheduled under the chairmanship of Acting...

Published 25 May, 2022 04:40am

BR Research

Performance of major crops under PTI govt

Pakistan’s crop output is reported to have staged a comeback in the now closing FY22. According to Federal...

Published 25 May, 2022 08:28am

Opinion

How to avert economic collapse

The worst kept secret about the present economic crisis is that it has resulted from our rulers having saddled the...

Published 25 May, 2022 04:40am

Opinion

A fiscal quagmire: genesis

In the last article, many readers felt that there was no explanation as to how we came to this pass and what ...

Published 25 May, 2022 04:40am

Business & Finance

Indus Motor to launch its first locally-assembled HEV SUV next year

KARACHI: Indus Motor Company (IMC) is planning to launch its first locally-assembled Hybrid Electric Vehicle (HEV)...

Updated 24 May, 2022 09:32pm

Editorials

Upcoming budget 2022-23

EDITORIAL: Tenth of June has been earmarked for the presentation of the budget in parliament with political and the...

Published 24 May, 2022 05:35am

Pakistan

Authorities seize chocolates from passenger at Jinnah International Airport, Karachi

Development raises questions on scope of ban imposed by govt last week

Published 24 May, 2022 05:19pm

Editorials

Punjab’s increasingly complicated crisis

EDITORIAL: Punjab’s political crisis grows worse by the day, with only more complications in sight. The Supreme...

Published 24 May, 2022 05:35am

Life & Style

TikTok lets creators charge monthly subscriptions

SAN FRANCISCO: TikTok on Monday said it will start letting some popular accounts at the video-snippet streaming ...

Published 24 May, 2022 01:08pm

Business & Finance

‘Removal of 17pc GST will reduce price of solar systems by 30pc’

LAHORE: Removal of 17 percent General Sales Tax (GST) would reduce the price of solar systems by 30%, said energy...

Updated 24 May, 2022 09:28pm

World

Americans now prioritising economy over punishing Russia: survey

Earlier, majority residents had voted for effective sanctioning of Moscow

Published 24 May, 2022 07:07pm

BR Research

Just do it!

SBP has increased the policy rate by 150 bps to 13.75 percent. The gap between market rates and SBP policy rate is...

Published 24 May, 2022 08:31am

Markets

Cryptoverse: Is the end of the bitcoin winter nigh?

The crypto winter is into its ninth week and bitcoin can't shake the chills. From technicals to turnover, market...

Published 24 May, 2022 12:02pm

Opinion

The rising public debt burden

The public debt of Pakistan consists of the domestic and external debt of the government plus debt owed to the IMF...

Published 24 May, 2022 05:35am

Editorials

Import compression

EDITORIAL: The economy was and is still feared to get into a tailspin due to government’s inaction on crucial...

Published 23 May, 2022 06:15am

Opinion

Govt still clueless

There is total confusion and indecisiveness. When the Pakistan Democratic Movement (PDM) was formed the government,...

Updated 23 May, 2022 09:50am

Markets

150 bps: roughly Rs1,250 added to monthly installments on just a Rs1m loan

The State Bank of Pakistan hiked on Monday the key interest rate by 150 basis points (bps), taking it to 13.75%. ...

Published 23 May, 2022 07:57pm

World

‘Metaverse’ is the future of tech, and Dubai does not want to be left behind

Dubai hopes the metaverse sector will contribute $4 billion to its economy by 2030

Updated 23 May, 2022 06:24pm

BR Research

CAD roundup

The current account deficit has been tamed to $623 million in April 2022. That is a sigh of relief in the midst of ...

Published 23 May, 2022 07:21am

Opinion

Damned if Shehbaz does and damned if...

Shehbaz Sharif won two more votes than the required 172 to become the country’s Prime Minister on 11 April and has...

Published 23 May, 2022 06:15am

Opinion

Political circus: will this ever end?

Perhaps, the immediate answer from any of my compatriots to this interrogative caption is, no. A vehement, no. There...

Published 22 May, 2022 06:03am

Editorials

‘If I am assassinated…’

EDITORIAL: Former Prime Minister Imran Khan wants the people to “take revenge” if he is assassinated, as he...

Published 22 May, 2022 06:03am

Markets

Automart: car prices in Karachi

KARACHI: The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (May 21,...

Published 22 May, 2022 06:03am

Editorials

Appointment of SBP governor brooks no delay

EDITORIAL: The previous Governor State Bank of Pakistan Dr Reza Baqir’s term expired on 4 May 2022 and the same ...

Published 21 May, 2022 04:34am

Opinion

The sands of time are running out

Perplexed and checkmated by coalition partners and in panic to stem the nose dive of the country’s economy over ...

Published 21 May, 2022 04:34am

Editorials

The woeful rupee slide

EDITORIAL: The US dollar has gained in strength in the inter-bank market as well as in the foreign exchange kerb...

Published 20 May, 2022 05:42am

Opinion

Urgent need for economic diplomacy activism

‘It is therefore in advanced economies’ interest to help poorer countries reduce the mounting risk of little...

Published 20 May, 2022 05:42am

Opinion

Withering national unity?

The industrial sector is the backbone of economic progress. It works as a major source of employment and its growth...

Published 20 May, 2022 05:42am

Editorials

The way forward

EDITORIAL: The senior leadership of the eleven parties’ coalition met under the chairmanship of Prime Minister...

Published 19 May, 2022 05:29am

Gauss Auto to establish EV plant in Karachi

ISLAMABAD: Gauss Auto has announced to establish an Electric Vehicle (EV) plant in Pakistan’s Special Economic...

Updated 20 May, 2022 12:00pm

Business & Finance

CPPA-G seeks electricity hike of Rs4.05 per unit

National Electric Power Regulator Authority will hold a public hearing on May 31 to seek justification on the proposed raise.

Published 20 May, 2022 01:13pm

Opinion

Won’t be long before default is on the table

SBP (State Bank of Pakistan) has no choice but to raise the interest rate, most likely by another 100 basis points,...

Published 19 May, 2022 05:29am

Business & Finance

Canadian restaurant giant Tim Hortons coming to Pakistan

Planning to open first restaurant in Lahore later this year

Updated 20 May, 2022 10:10am

Opinion

Addressing the mountain of debt

Sustainable economic growth requires identifying gaps, devising effective policies and working towards consistent...

Published 19 May, 2022 05:29am

Opinion

Pakistan’s projected USD cash flows: an accountant’s perspective

In this important article I will present the projected cash flow statements of Pakistan for the period starting from...

Published 19 May, 2022 05:29am

Markets

From the archives: Review Rupee's performance in 2021

https://www.brecorder.com/news/40144053

Published 18 May, 2022 05:13pm

Editorials

The budget FY23

EDITORIAL: The budget 2022-23 is to be presented in parliament in June and while there is every likelihood that it...

Published 18 May, 2022 05:54am

Opinion

Navigating exchange rate labyrinth

Classical economic theory of demand and supply for goods applies just as well to a currency, the Pak rupee, the...

Published 18 May, 2022 05:54am

Opinion

Pakistan’s taxation regime discourages self-employment and small businesses

Pakistan’s tax policy discourages individuals from self-employment or running small businesses. While salaried...

Published 18 May, 2022 05:54am

Business & Finance

Founded in Dubai, expanded to Pakistan: Bagallery has more countries on its horizon

DUBAI: Before the pandemic, online shopping was still a growing sector in Pakistan. When the lockdowns ensued, ...

Updated 18 May, 2022 10:20am

BR Research

Armageddon Games

The stock market is tumbling; the PKR is fast depreciating against the US dollar; and uncertainty abounds in bazaars...

Published 18 May, 2022 08:28am

World

World's tallest building engulfed as Mideast sandstorms hit UAE

DUBAI: The world's tallest building disappeared behind a grey layer of dust on Wednesday as sandstorms that have...

Published 18 May, 2022 06:51pm

Markets

Russia jumps to fourth position as oil supplier to India, tanker data shows

NEW DELHI: Russia became the fourth-largest oil supplier to India in April, with volumes set to rise further in...

Updated 18 May, 2022 12:30am

Editorials

Inaction is not an option

EDITORIAL: With the passage of time it is becoming increasingly clear that the strategy of the eleven plus ...

Published 17 May, 2022 05:39am

Opinion

Outlook for the FY23 federal budget

The federal budget for 2022-23 is likely to be presented within the next four weeks in the Parliament. It will be...

Published 17 May, 2022 05:39am

BR Research

Et tu, media?

Today nobody is ready to take onus of difficult economic decisions. PMLN and some of its partners do not want to...

Updated 17 May, 2022 05:26pm

Opinion

The victim card

Pakistan’s history is witness to the fact that every prime minister turfed out of office by fair means or foul has...

Published 17 May, 2022 05:39am

Opinion

Controlling inflation, financing deficits — II

Moreover, the government should even think of immediately quitting the IMF programme. If the Fund does not ...

Published 17 May, 2022 05:39am

Perspectives

Mir Jafar and Mir Sadiq: a historical perspective

The name Mir Jafar characterises a crass traitor, who changed the history of the Indian subcontinent and has become...

Published 16 May, 2022 06:20pm

Pakistan

What to eat and what to avoid during a heatwave

Foods that boost hydration and coolness include cucumbers, dark leafy greens, melons, coconut water, tomatoes, celery, iceberg lettuce, zucchini, cabbage, turai, and chillies

Published 16 May, 2022 08:41pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	201.30
USD PKR Interbank Buying / May 24	201.10
USD to Japanese Yen / May 24	126.88
USD to Swiss Franc / May 24	0.96
Pound Sterling to USD / May 24	1.25
Euro to USD / May 24	1.07
UK LIBOR % / May 24	0.82

Stock	Volume
S&P 500 / May 24	3941.48
India Sensex / May 24	54052.61
Tokyo Nikkei / May 24	26748.14
Nasdaq / May 24	11264.45
Hang Seng / May 24	20112.10
FTSE 100 / May 24	7484.35
Dow Jones / May 24	31928.62
Germany DAX 30 / May 24	13919.75
France CAC40 / May 24	6253.14

Item	Value
Crude Oil USD/Barrel / May 24	110.54
Karachi Cotton PKR/37.32 KG / May 24	21180.00
Gold 10 Grams PKR / May 24	118500.00
Gold Spot USD/Ounce / May 24	1866.30
Cotton US¢/pound / May 24	123.78

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