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budget

Balochistan budget today

QUETTA: The Balochistan government will unveil fiscal year 2023-24 budget on Monday with an expected outlay of more...

Updated 19 Jun, 2023 09:15am

Pakistan

KP caretaker govt to present 4-month budget on 20th: minister

PESHAWAR: Khyber Pakhtunkhwa Caretaker Minister for Information and Public Relations, Hajj, Awqaf, Religious and...

Published 18 Jun, 2023 06:07am

Opinion

Elusive IMF bailout: the end of the road?

The International Monetary Fund (IMF) and the country’s political situation are the two main issues that are...

Updated 17 Jun, 2023 07:10am

Opinion

Don’t take IMF seriously?

“Alice in wonderland” is an all time classic and one of my favourite books. It is about the story of a ...

Updated 17 Jun, 2023 07:08am

Opinion

A timid budget by a hesitant govt

The budget was really not a budget per se. We have come to expect major policy measures being enacted, loads of ...

Updated 15 Jun, 2023 06:31am

Business & Finance

Finance bill: FBR sets up two ‘anomaly committees’

ISLAMABAD: After the presentation of federal budget 2023-24, Federal Board of Revenue (FBR) Chairman Asim Ahmad has...

Published 14 Jun, 2023 06:21am

Business & Finance

‘IMF programme’s restoration seems easy after new budget’

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 14 Jun, 2023 06:21am

Business & Finance

PRIME terms budget ‘unrealistic and expansionary’

ISLAMABAD: The Policy Research Institute of Market Economy (PRIME) has stated that the coalition government has...

Published 13 Jun, 2023 06:00am

Editorials

The post-budget claims

EDITORIAL: Prime Minister Shehbaz Sharif, two days after the budget was presented, once again expressed optimism on...

Published 13 Jun, 2023 06:00am

Pakistan

Budget places emphasis on ‘growth-inducing’ sectors: PM Shehbaz

Says procurement of crude oil from Russia is part of energy security plan

Published 12 Jun, 2023 03:56pm

Pakistan

FDA: pre-budget meeting

Examines the previous financial year's budget estimates and directs the multidimensional development and administrative proposals

Updated 11 Jun, 2023 08:19am

Pakistan

20 English-medium schools made functional, says Sindh CM

KARACHI: The Chief Minister Sindh on Saturday during his budget speech announced ongoing flagship projects under ADP...

Published 11 Jun, 2023 03:55am

Business & Finance

Budget documents: 5G auction not mentioned

Govt has budgeted Rs 72.597 billion from 4G licenses under the head of non-tax revenue for the next fiscal year of 2023-24 against Rs 50 billion budgeted for the outgoing fiscal year

Updated 11 Jun, 2023 08:23am

Business & Finance

FPCCI chief says govt’s 3.5pc GDP growth target unrealistic

LAHORE: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh on Saturday...

Published 11 Jun, 2023 03:55am

Business & Finance

Business community leader praises budget

KARACHI: Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum,...

Published 11 Jun, 2023 03:55am

Business & Finance

HCCI hails budget

HYDERABAD: President Hyderabad Chamber of Commerce and Industry Adeel Siddiqui has said that present federal...

Published 11 Jun, 2023 03:55am

Sindh budget: Rs272.17bn proposed for health services

KARACHI: Budget estimates for 2023-24 for Sindh Health Services have been proposed to be Rs272.168 billion. In his...

Updated 11 Jun, 2023 08:13am

Budget has Rs697bn uplift outlay

KARACHI: The Chief Minister, Syed Murad Ali Shah, here Saturday announced the provincial budget with a total...

Updated 11 Jun, 2023 08:11am

Finance Bill brings in a big import-related facilitative step

ISLAMABAD: The Federal Board of Revenue (FBR) will not impose any penalty on importers in cases of non-placement of...

Updated 11 Jun, 2023 12:21pm

Business & Finance

REITs schemes: Tax exemption extended up to 30th

ISLAMABAD: The income tax exemption available to Real Estate Investment Trusts (REITs) schemes has been extended up...

Published 11 Jun, 2023 03:55am

No amnesty scheme for expats: Law to be invoked against industries exploiting consumers: Dar

Responding to a question on (additional tax on certain income, profits, and gains) under new Section 99D of the Income Tax Ordinance 2001, Dar says provision would be invoked against the sectors that would put unnecessary financial burden on consumers

Updated 11 Jun, 2023 12:16pm

Business & Finance

Federal budget 2023-24 in graphs

The government of Pakistan announced the budget for 2023-24 on Friday. Business Recorder takes a look at the budget...

Published 10 Jun, 2023 06:03pm

Business & Finance

Sindh govt announces up to 35% raise in salaries, 17.5% hike in pension amounts

Sindh CM Murad Ali Shah unveils Rs2.24tr budget aimed at ‘revitalising prosperity’

Updated 10 Jun, 2023 06:50pm

Opinion

Full of sound and fury

An exercise in futility at best, extreme folly at worst, are the most appropriate epithets for the budget 2023-24...

Updated 10 Jun, 2023 01:05pm

Opinion

‘That is Dar’s philosophy of life’?

It’s a typical Dar budget with some populistic flavor. Penalize anyone who makes money legally and wants to grow...

Published 10 Jun, 2023 05:20am

Business & Finance

Budget termed ‘neutral’ for stock market

KARACHI: Based on initial analysis, the Federal Budget FY24 announced by the Finance Minister Ishaq Dar on Friday is...

Published 10 Jun, 2023 05:01am

Business & Finance

Federal Budget: PBF sees no ‘serious efforts’ for economic revival

KARACHI: Pakistan Business Forum (PBF) says the federal government has done ‘too little, too late’ in terms of...

Published 10 Jun, 2023 05:01am

Pakistan

MNFS&R: Rs8.850bn allocated under PSDP

ISLAMABAD: The government has allocated Rs 8.850 billion for the Ministry of National Food Security and Research...

Published 10 Jun, 2023 05:01am

Pakistan

Riba: JI says Dar has failed to keep his word

ISLAMABAD: Jamaat-e-Islami (JI) Pakistan Chief Sirajul Haq, Friday, criticising the federal budget 2023-24, ...

Published 10 Jun, 2023 05:01am

Business & Finance

Budget FY2023-24

Present Economic Position of Pakistan In Pakistan we give undue importance to the annual budget and spend months...

Published 10 Jun, 2023 05:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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