Topic

Budget 2024 25

Minimum wage revisited

Published 05 Dec, 2024 07:20am

Pakistan has an acceptable concept of minimum wage, just like many countries. The reason for imposing minimum wage ...

External borrowing

Published 01 Dec, 2024 03:13am

EDITORIAL: Data released by the Economic Affairs Division indicates that foreign inflows for the first four months ...

The Finance Minister’s defence

Published 19 Nov, 2024 06:53am

EDITORIAL: Finance Minister Muhammad Aurangzeb during his press briefing on Sunday appreciated the efforts towards...

PSDP: MoF approves Rs1.1trn against Rs2.9trn demand

Published 19 Nov, 2024 06:35am

ISLAMABAD: Ministry of Finance approved Rs1.1 trillion development budget under the Public Sector Development...

Pacts deadline looms: Refineries’ upgrade plans hit snags

Updated 22 Oct, 2024 09:33am

ISLAMABAD: The federal government is grappling with a major hurdle in its plans to upgrade domestic refineries as...

EOBI pensioners urge govt to increase pension

Published 04 Oct, 2024 06:46am

ISLAMABAD: The Employees’ Old-Age Benefits Institution (EOBI) pensioners urged the government to increase their...

Rs87bn short of target: Q1 collection stands at Rs2.452trn

Updated 01 Oct, 2024 08:52am

ISLAMABAD: Despite taxation measures of Rs 1,800 billion in the budget (2024-25), the Federal Board of Revenue (FBR)...

Senior economist says a ‘maxi budget’ will be unavoidable

Updated 30 Sep, 2024 08:57am

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

No new taxation measures or mini-budget under study: FBR

Updated 26 Sep, 2024 01:01pm

ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue (Policy) Dr Hamid Ateeq Sarwar said Wednesday that...

Tax burdens and fiscal discipline

Published 04 Sep, 2024 07:06am

After an inflation-ridden Fiscal Year 2023-24 (“FY24”), wherein the average inflation for the FY24 was 23.4%,...

Budgetary outcome in 2023-24

Updated 13 Aug, 2024 07:40am

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

Senate panel’s skepticism

Updated 12 Aug, 2024 07:23am

EDITORIAL: The Senate Functional Committee on Devolution presided over by Dr Zarqa Suharwardy Taimur expressed...

Adhering to the constitution only path forward for Pakistan: Khaqan

Updated 12 Aug, 2024 11:01am

KARACHI: Former prime minister Shahid Khaqan Abbasi, who along with former finance chief Miftah Ismail has recently...

Inflation decline and no feel-good factor

Published 12 Aug, 2024 06:36am

The July inflation data was released by the Pakistan Bureau of Statistics (PBS) on the 1 of August, showing a ...

Govt required to take belt-tightening steps

Updated 07 Aug, 2024 06:15am

EDITORIAL: The government is to begin a legislative process this month designed to initiate implementation of...

Medium-term budget strategy

Published 06 Aug, 2024 06:40am

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

Economy: durable solutions remain elusive

Updated 05 Aug, 2024 08:41am

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

Simply unrealistic

Updated 05 Aug, 2024 06:58am

EDITORIAL: It seems everybody but the government understands that this fiscal year’s tax regime is not only...

IPO very much on the cards, says Jazz CEO Aamir Ibrahim

Updated 02 Aug, 2024 04:53pm

KARACHI: Jazz CEO Aamir Ibrahim has said going public is “very much on the cards” with further clarity emerging in...

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

Updated 01 Aug, 2024 10:21am

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

Petroleum products into sales Tax exemption: Change of status of zero-rating to benefit FBR worth Rs20bn

Published 31 Jul, 2024 06:40am

ISLAMABAD: The change of status of zero-rating of petroleum products into sales tax exemption would benefit Federal...

FY24 ends with a budget deficit of 6.8pc of GDP

Updated 31 Jul, 2024 10:17am

ISLAMABAD: The government has closed fiscal year 2023-24 with budget deficit of 6.8 percent of the gross domestic...

Calm a jittery market

Published 30 Jul, 2024 03:10am

EDITORIAL: The Minister for Finance and Revenue Muhammad Aurangzeb’s Sunday press conference was a judicious attempt...

SBP reduces key policy rate by 100bps, takes it to 19.5%

Updated 29 Jul, 2024 07:42pm

Majority analysts expected cut, it was the quantum of reduction that had them divided

Commodity traders say WHT to further fuel food inflation

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Budget 2024 25

Most Popular