Trends - economic crisis - Business Recorder

economic crisis

Silver lining in sight?

The political drama continues. Arguments and moral positions switch in matter of days for politicians and media...

Published 25 Jul, 2022 06:12am

Pakistan

Politicians slammed for indulging in power struggle instead of improving economy

KARACHI: The country’s political elites are far too busy fighting for power instead of giving any thought to the...

Updated 24 Jul, 2022 06:53am

Business & Finance

PIAF wants govt to establish ‘Economic Crisis Management Board’

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has demanded of the government to establish an...

Published 24 Jul, 2022 05:04am

Business & Finance

Rupee’s devaluation, economic crisis worries KATI chief

KARACHI: President Korangi Association of Trade and Industry (KATI), Salman Aslam expressed concern over rupee fall,...

Published 22 Jul, 2022 06:07am

Pakistan

‘Pakistan coming out of economic, political crisis’

ABBOTTABAD: President Pakistan People’s Party (PPP) Khyber Pakhtunkhwa Women’s wing Senator Rubina Khalid on...

Published 18 Jul, 2022 06:22am

World

Sri Lanka grinds to a halt as fuel reserves shrink

COLOMBO: Sri Lanka has less than a day's worth of fuel left, the energy minister said Sunday, with public transport...

Updated 03 Jul, 2022 07:41pm

‘Damages caused to economy by PTI govt’: Govt announces formation of inquiry commission

ISLAMABAD: The Prime Minister Shehbaz Sharif-led coalition government on Thursday announced the formation of an...

Published 01 Jul, 2022 06:13am

Business & Finance

SPCCI calls for taking steps to end economic morass

ISLAMABAD: The South Punjab Chamber of Commerce and Industry members have urged the government to sail the country...

Published 29 Jun, 2022 07:27am

Pakistan

Govt compromising security to get loans, says Imran

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman and former premier Imran Khan on Tuesday alleged that the...

Published 29 Jun, 2022 05:44am

PM vows to end country’s current economic morass

Says country will receive $2 billion from the International Monetary Fund (IMF)

Updated 29 Jun, 2022 10:00am

Markets

Bankrupt Sri Lanka opens oil market to foreign firms

COLOMBO: Cash-strapped Sri Lanka announced Tuesday it was opening its oil market to foreign competition, a day after...

Published 29 Jun, 2022 05:44am

Opinion

Taxation power and democracy

In the wake of an apparent economic crisis, caused by multiple reasons, particularly a killing self-inflicted...

Updated 27 Jun, 2022 06:30am

PTI criticises govt for taking ‘regressive’ economic steps

ISLAMABAD: While lashing out at government for imposing and hiking taxes, former foreign minister Shaukat Tarin...

Updated 27 Jun, 2022 10:01am

World

India rushes food, medicine to bankrupt Sri Lanka

COLOMBO: Sri Lanka accepted a rice and pharmaceuticals shipment from neighbouring India Friday as the island nation...

Published 25 Jun, 2022 04:42am

World

Sri Lanka parliament shuts early after petrol runs out

COLOMBO: Sri Lanka’s parliament has cancelled its remaining sittings for the week to save fuel, officials said...

Published 24 Jun, 2022 06:52am

Pakistan

Treasury lawmakers hold PTI govt responsible for current economic crisis

ISLAMABAD: The lawmakers belonging to the ruling coalition on Thursday held the previous government of Pakistan...

Published 24 Jun, 2022 06:15am

IMF holds talks in Sri Lanka

COLOMBO: An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, as the country’s...

Published 21 Jun, 2022 05:51am

Business & Finance

Survey shows most global CEOs expect recession

WASHINGTON: Most corporate leaders worldwide now expect an economic downturn by the end of next year if not sooner,...

Published 20 Jun, 2022 05:51am

Pakistan

Govt doesn't care about the poor: Imran Khan

Former premier urges people to come out for a peaceful protest on his call

Published 14 Jun, 2022 07:53pm

World

Another member of Sri Lanka’s ruling clan quits

COLOMBO: Another member of Sri Lanka’s ruling family quit public office on Thursday, denying responsibility for an...

Published 10 Jun, 2022 06:16am

Opinion

Grand dialogue: non-starter

Prime Minister (PM) Shehbaz Sharif wants a ‘grand dialogue’ among all stakeholders to somehow keep sectors such...

Published 07 Jun, 2022 05:47am

Business & Finance

KATI demands withdrawal of rise in POL products’, power prices

KARACHI: President of Korangi Association of Trade and Industry (KATI) Salman Aslam has demanded to immediately...

Published 04 Jun, 2022 04:18am

Pakistan

Govt's policies will lead country towards bankruptcy: Imran Khan

Former premier says will announce future course of action during Dir rally

Updated 02 Jun, 2022 06:28pm

Business & Finance

Inflation in bankrupt Sri Lanka hits fresh record

COLOMBO: Cash-strapped Sri Lanka saw its highest inflation on record for the eighth consecutive month in May,...

Published 01 Jun, 2022 10:23am

BR Research

A time to brood

Every now and then life gives a reality check. That rare shock that blind side people and forces them into a rude...

Updated 01 Jun, 2022 01:10pm

Opinion

Russians feel little economic pain now, long-term outlook darkens

For Oleg Kechin, owner of a chain of barbershops, forecasts that Russia will be plunged into its deepest economic...

Published 31 May, 2022 05:11am

Business & Finance

RCCI wants lists of banned import items reviewed

ISLAMABAD: The list of banned import items needs to be reviewed as many essential items have been included in the...

Published 31 May, 2022 05:11am

World

Sri Lanka PM proposes more cabinet accountability amid economic crisis

COLOMBO: Sri Lankan Prime Minister Ranil Wickremesinghe said on Sunday his government was working to make the...

Published 30 May, 2022 07:13am

Business & Finance

PAJCCI chief says delaying decisions to make matters worse

KARACHI: Chairman of the Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) Zubair Motiwala has...

Published 30 May, 2022 05:53am

Sports

Australia players raise concerns about touring Sri Lanka during crisis

Australia’s squad have raised ethical concerns about their upcoming tour of Sri Lanka with the island nation in the...

Published 25 May, 2022 02:21pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Cotton US¢/pound / Apr 19	80.67
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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