Trends - budget - Business Recorder

budget

Realtors, jewelers: Action by authorities after budget being anticipated

ISLAMABAD: The real estate sector has apprehended that the Directorate General of Designated Non-Financial Business...

Published 08 Jun, 2021 04:09am

Business & Finance

Pakistan considers cut in import taxes for economic growth

Advisor to PM on Commerce and Investment Abdul Razak Dawood says proposal will be floated in the upcoming budget, reports Bloomberg

Published 07 Jun, 2021 11:55am

Budget to be ‘easily’ approved, says Fawad

LAHORE: Federal Information Minister Fawad Chaudhry said on Saturday that Pakistan faced a severe economic crisis ...

Published 06 Jun, 2021 02:56am

Various sectors: EAC likely to finalise incentives

ISLAMABAD: A meeting of the Economic Advisory Council (EAC) is expected to finalise on Monday the incentive package...

Published 06 Jun, 2021 02:56am

Budget outlay likely to be Rs 8trn

KARACHI: The government is likely to set GDP growth target of 4.8 percent in the upcoming federal budget for FY22...

Published 05 Jun, 2021 04:08am

Business & Finance

KATI urges govt to keep its expenditure to a minimum

KARACHI: Korangi Association of Trade and Industry (KATI) president Saleem-uz-Zaman said that in view of the ...

Published 03 Jun, 2021 04:13am

Business

Electric vehicles: Excise dept to waive registration fee

LAHORE: The Punjab Excise department has decided to waive off registration fee for the electric vehicles, said...

Published 03 Jun, 2021 04:13am

Pakistan

Govt to provide maximum relief to the poor in budget: Usman Dar

Says PTI would present a people-friendly budget and will prove that they work for the benefit of the people

Published 02 Jun, 2021 07:38pm

Pakistan

Salaried class to get big relief in upcoming budget: Fawad

He said the series of good news was continuing to pour in as Kuwait has started issuing work visas to Pakistanis after suspension of a decade.

Published 01 Jun, 2021 06:06pm

Business & Finance

Pakistan considers stimulus package to boost economy

Talks are in initial stages, according to Bloomberg

Published 01 Jun, 2021 02:51pm

Pakistan

Govt in comfortable position after overcoming economic crisis : Pervez Khattak

He said the government would not face any problem in the passage of budget from the parliament. Pervez Khattak said that budget would give maximum relief to poor people with more focus on development projects.

Published 30 May, 2021 11:28pm

Editorials

Boosting exports

EDITORIAL: It’s no surprise that the government is extremely keen to promote exports and is striving to provide ...

Published 29 May, 2021 03:59am

Yusuf Khan made secretary finance

ISLAMABAD The government has replaced the secretary finance two weeks ahead of the presentation of the budget for ...

Published 28 May, 2021 04:08am

Business

Advance income tax on telecom sector to be reduced

ISLAMABAD: The Finance Ministry has assured of reducing advance income tax on telecom sector from 12.5 percent to 10...

Published 27 May, 2021 03:40am

Business & Finance

Budget proposals: LCCI remains engaged with policy makers

LAHORE: President of the Lahore Chamber of Commerce Mian Tariq Misbah remained extensively engaged with various...

Published 24 May, 2021 04:03am

Editorials

Challenges for budget 2021-22

EDITORIAL: Finance Minister Shaukat Tarin faces multiple challenges in formulating the budget – economic and...

Published 24 May, 2021 04:03am

Pakistan

Govt to provide special relief to salaried class in budget: Sheikh Rasheed

He said that despite the epidemic and unfavorable international economic conditions, the 4 percent GDP growth rate was a testament to the extraordinary performance of Prime Minister and his economic team.

Published 23 May, 2021 06:59pm

BR Research

Policy rate: hide and seek

The SBP has picked more than the target in the latest T-Bill Auction and that is without any change (apart from 5 ...

Published 21 May, 2021 07:25am

Business & Finance

New Zealand's budget boosts benefits, focuses on pandemic recovery

Massive spending was targeted towards housing, healthcare and infrastructure, while funds were also allocated to addressing child poverty and climate change.

Published 20 May, 2021 01:10pm

Pakistan

Tareen to vote and support PM during budget, hopes Rashid

ISLAMABAD: Minister for Interior Sheikh Rashid Ahmed, on Wednesday, said estranged PTI leader Jahangir Tareen, who...

Updated 20 May, 2021 09:24am

Tarin’s approach to Budget FY22 ‘Well thought out’ tax reforms

ISLAMABAD: Finance Minister, Shaukat Tarin has said that “well thought out” tax reforms would be included in the...

Published 20 May, 2021 04:26am

FY22 budget to be aimed at boosting agri output: govt

ISLAMABAD: The government said on Tuesday that the agriculture ministry is bringing a new proposal in the upcoming...

Published 19 May, 2021 06:00am

Pakistan

Mega-scheme for Karachi: Sindh govt releases Rs1.578bn

KARACHI: Sindh government released Rs 1.578 billion under the head of mega-projects Karachi by the end of first week...

Updated 12 May, 2021 10:28am

Business & Finance

Sindh initiates Participatory Form of Budgeting

“Citizens are requested to fill the questionnaire/survey designed to incorporate the citizens’ recommendations in next year’s budget,” it added.

Published 11 May, 2021 10:53am

Business & Finance

Moving towards growth mode, Pakistan to spend $6bn on development

“That’s the bare minimum we need for a country this size,” said Tarin, who will be presenting a new budget in June.

Published 10 May, 2021 12:46pm

High-level meeting on budget 2021-22: Development spending under govt focus

ISLAMABAD: Prime Minister Imran Khan has directed that the development projects be prioritised in the upcoming...

Published 03 May, 2021 04:39am

There’s no proposal to withdraw Section 8B of ST Act: FBR

ISLAMABAD: The government has no intention to abolish/amend Section 8B of the Sales Tax Act 1990 in the coming ...

Published 03 May, 2021 04:39am

Business & Finance

SPDC urges govt to increase tax on tobacco in upcoming Federal Budget

This would not only help curb tobacco use in the country but would also contribute to generating more revenues that can be used for promoting public health.

Published 20 Apr, 2021 03:14pm

World

Canada to spend big to 'punch way out of Covid recession'

"I want to avoid an election," said Jagmeet Singh, leader of the fourth-ranked New Democrats. "With the third (Covid) wave hitting hard," that would be "irresponsible," he said.

Published 20 Apr, 2021 10:29am

Business & Finance

Finance Minister Tarin kicks off budget preperation

The Finance Minister said that there are many plans to improve the economy, which will be revealed to the media.

Published 19 Apr, 2021 03:47pm

Gainers
Losers
Leaders

Stock	Price
Shaheen Ins. / Oct 22 Shaheen Insurance Company Limited(SHNI)	3.92 ▲ 0.59 (17.72%)
1st Dawood / Oct 22 First Dawood Investment Bank Limited(FDIBL)	2.60 ▲ 0.27 (11.59%)
Awwal Modaraba / Oct 22 Awwal Modaraba(AWWAL)	11.50 ▲ 0.90 (8.49%)
Buxly / Oct 22 Buxly Paints Limited(BUXL)	124.02 ▲ 8.65 (7.50%)
Arshad Energy / Oct 22 Arshad Energy Limited(AEL)	23.15 ▲ 1.61 (7.47%)
Aruj Indus. / Oct 22 Aruj Industries Limited(ARUJ)	22.19 ▲ 1.54 (7.46%)
Security Bank / Oct 22 Security Investment Bank Limited(SIBL)	7.50 ▲ 0.52 (7.45%)
HBL Inv.Fund / Oct 22 HBL Investment Fund(HIFA)	3.10 ▲ 0.20 (6.90%)
Sapphire Textile / Oct 22 Sapphire Textile Mills Limited(SAPT)	1195.00 ▲ 74.50 (6.65%)
Gatron Ind. / Oct 22 Gatron (Industries) Limited(GATI)	585.00 ▲ 35.34 (6.43%)

Stock	Price
Ist Paramount / Oct 22 First Paramount Modaraba(FPRM)	5.21 ▲ -0.89 (-14.59%)
First Pak Modaraba / Oct 22 First Pak Modaraba(PAKMI)	3.06 ▲ -0.47 (-13.31%)
Saudi Pak Leas. / Oct 22 Saudi Pak Leasing Company Limited(SPLC)	1.81 ▲ -0.22 (-10.84%)
Nazir Cotton / Oct 22 Nazir Cotton Mills Limited(NCML)	6.00 ▲ -0.70 (-10.45%)
First Fid. Leas. / Oct 22 First Fidelity Leasing Modaraba(FFLM)	3.60 ▲ -0.39 (-9.77%)
Popular Islamic Mod. / Oct 22 Popular Islamic Modaraba(PIM)	11.95 ▲ -1.00 (-7.72%)
Quetta Textile / Oct 22 Quetta Textile Mills Limited(QUET)	7.02 ▲ -0.58 (-7.63%)
Shield Corp. / Oct 22 Shield Corporation Limited(SCL)	255.32 ▲ -20.70 (-7.50%)
East West / Oct 22 East West Insurance Company Limited(EWIC)	91.39 ▲ -7.40 (-7.49%)
F.Treet Manuf.Mod / Oct 22 First Treet Manufacturing Modaraba(FTMM)	12.48 ▲ -1.01 (-7.49%)

Stock	Volume
Hum Network / Oct 22 Hum Network Limited(HUMNL)	24,874,000 ▼ 0.00
Unity Foods / Oct 22 Unity Foods Limited(UNITY)	18,724,054 ▼ 0.00
Maple Leaf / Oct 22 Maple Leaf Cement Factory Limited(MLCF)	14,277,036 ▼ 0.00
Worldcall / Oct 22 Worldcall Telecom Limited(WTL)	14,073,000 ▼ 0.00
TRG Pakistan / Oct 22 TRG Pakistan Limited(TRG)	7,490,371 ▼ 0.00
Telecard Ltd. / Oct 22 Telecard Limited(TELE)	6,332,500 ▼ 0.00
Byco Petroleum / Oct 22 Byco Petroleum Pakistan Limited(BYCO)	6,241,000 ▼ 0.00
Aisha Steel / Oct 22 Aisha Steel Mills Limited(ASL)	5,061,500 ▼ 0.00
Service Fab. / Oct 22 Service Fabrics Limited(SERF)	4,794,000 ▼ 0.00
Treet Corp. / Oct 22 Treet Corporation Limited(TREET)	4,480,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 22	173.95
USD PKR Interbank Buying / Oct 22	173.80
USD to Japanese Yen / Oct 22	113.85
USD to Swiss Franc / Oct 22	0.92
Pound Sterling to USD / Oct 22	1.38
Euro to USD / Oct 22	1.16
UK LIBOR % / Oct 22	0.07

Stock	Volume
S&P 500 / Oct 22	4549.78
India Sensex / Oct 22	60923.50
Tokyo Nikkei / Oct 22	28590.46
Nasdaq / Oct 22	15215.70
Hang Seng / Oct 22	26017.53
FTSE 100 / Oct 22	7190.30
Dow Jones / Oct 22	35603.08
Germany DAX 30 / Oct 22	15472.56
France CAC40 / Oct 22	6686.17

Item	Value
Crude Oil / Oct 22	82.29
Karachi Cotton Assoc. / Oct 22	14880.00
Gold 10 Grams / Oct 22	97900.00
Gold Spot / Oct 22	1784.95
Cotton / Oct 22	106.14

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