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budget

Proposed mini-budget rejected: Govt urged to slash power rates by 9pc

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry's top officials, Zakki Ejaz and SM Tanveer,...

Published 18 Oct, 2024 07:43am

Business & Finance

‘Mini-budget possibility decreasing due to tax reforms’

KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen...

Published 09 Oct, 2024 08:50am

World

France’s debt weighs heavier ahead of budget debate

PARIS: France’s vast public debt pile grew in the second quarter, official figures showed, as Prime Minister ...

Published 30 Sep, 2024 07:06am

Senior economist says a ‘maxi budget’ will be unavoidable

ISLAMABAD: With conventional foreign financing lines largely dry off and expecting a massive shortfall in revenue,...

Updated 30 Sep, 2024 08:57am

Adverse impact of budget on refineries policy: PD and FBR preparing a viable solution

ISLAMABAD: The Petroleum Division and the Federal Board of Revenue (FBR) are reportedly preparing a viable solution...

Updated 23 Aug, 2024 09:24am

Opinion

Budgetary outcome in 2023-24

The statistics on the outcome of fiscal operations by the federal and provincial governments in 2023-24 were ...

Updated 13 Aug, 2024 07:40am

Editorials

Another IMF precondition met

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb told reporters on the side-lines of the Senate Parliamentary...

Published 08 Aug, 2024 06:22am

Opinion

Medium-term budget strategy

The Federal Ministry of Finance has released the Medium-Term Budget Strategy Statement for the period, 2024-25 to...

Published 06 Aug, 2024 06:40am

Opinion

Economy: durable solutions remain elusive

The FY25 budget presents challenges for everyone, with few economic actors benefiting. Despite compromises due to...

Updated 05 Aug, 2024 08:41am

FAs’ hiring, other tasks: Privatisation ministry seeks a budget of Rs8.169bn

ISLAMABAD: The Ministry of Privatisation has sought a budget of Rs 8.169 billion for its privatisation-related...

Updated 01 Aug, 2024 10:21am

BR Research

Circling the drain

Inflation was fairly tamed, a second policy rate cut well in play, and after a particularly gruelling exercise of...

Published 30 Jul, 2024 06:46am

Pakistan

Pakistan’s salaried group comes out on the streets, but after work hours

Such is Pakistan’s salaried group protesting power that it took to the streets in Karachi at 5:30pm – after work...

Published 24 Jul, 2024 12:44am

Opinion

Thoughts on the provincial budgets

Khyber Pakhtunkhwa (KPK) budget was announced on 25 May, two and a half weeks before the federal budget was ...

Updated 15 Jul, 2024 08:14am

Opinion

Don’t manage; coach them

Manage the crisis. Manage the budget. Manage the meeting. Manage the demand. All of this is the core of managing...

Published 10 Jul, 2024 03:14am

Opinion

Dancing on a volcano

Ten days into the new fiscal year, the FY25 budget is already in disarray. Amid calls for a nationwide strike, the...

Published 10 Jul, 2024 03:14am

Editorials

Cracks in the coalition?

EDITORIAL: A new trend of inter-ministerial disputes spilling out into the open seems to be developing, which...

Published 10 Jul, 2024 03:14am

Business & Finance

‘People finding it harder & harder to live with this budget’

KARACHI: Chairman of FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen and...

Published 10 Jul, 2024 03:14am

Opinion

An IMF budget or not?

Several prominent federal ministers publicly stated that the taxation measures approved by parliament on 28 June ...

Updated 08 Jul, 2024 08:43am

OMAP concerned at budget impacts on industry

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has expressed concerns about the recent budget announcement...

Updated 08 Jul, 2024 09:23am

Opinion

Economic policy, federal budget and role of opposition

’…the existence of the opposition is ‘nearly the most distinctive characteristic of democracy’. In parliamentary...

Published 05 Jul, 2024 03:17am

Editorials

The budget and the IMF

EDITORIAL: The Minister for State for Finance and Revenue Ali Pervaiz Malik has stated that the point of pushing...

Published 05 Jul, 2024 03:17am

Opinion

Budget tightens the screws on urban middle class

The FY25 budget has been passed, potentially securing next programme from the IMF (International Monetary Fund) and...

Updated 01 Jul, 2024 07:22am

‘Do more’: IMF says budget approval ‘not enough’

ISLAMABAD: The International Monetary Fund (IMF) on Saturday termed budget 2024-25 approval as not enough and...

Updated 30 Jun, 2024 02:43pm

Business & Finance

Over Rs1.1trn suppl budget approved by Punjab PA

LAHORE: The Punjab Assembly on Saturday approved the supplementary budget of more than Rs 1100 billion for the...

Published 30 Jun, 2024 02:58am

Business & Finance

PTA rejects discriminatory taxation in Federal Budget 2024 -25

ISLAMABAD: Pakistan Tea Association (PTA) has expressed his profound concerns and apprehensions vis-a-vis proposed...

Published 28 Jun, 2024 05:41am

Pakistan

Budget 2024-25: a mixed bag for Pakistan’s climate change efforts

Pakistan’s Finance Minister Mohammad Aurangzeb, in his budget 2024-25 speech, said Pakistan faces dangers due to the...

Updated 27 Jun, 2024 09:59pm

Perspectives

Protests in Kenya have a lesson for Pakistan, but is the govt listening?

At least 10 protesters were killed during protests, and a section of parliament went up in flames as demonstrations...

Published 27 Jun, 2024 08:51pm

Pakistan

‘Unless there’s political input’ Budget will be ‘by the babus, for the babus and of the babus,’ says Bilawal

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari has said that unless and until there is...

Published 26 Jun, 2024 03:15am

Pakistan

PPP decides to vote for budget

ISLAMABAD: Pakistan Peoples Party (PPP) will vote for the Budget-2024-25 to prevent instability in the country....

Updated 26 Jun, 2024 09:34am

Pakistan

After higher taxation, a quiet ‘revolution’ is taking place within Pakistan’s salaried group

Some members of 'Salaried Class Alliance Pakistan' hold press briefing at Karachi Press Club, outlining grievances with 'unfair taxation measures'

Published 25 Jun, 2024 07:39pm

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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