Trends - Economic growth - Business Recorder

Economic growth

Britain to reform accountability rules

LONDON: Britain on Thursday launched a long-awaited consultation on reforming rules brought in after the global...

Published 31 Mar, 2023 06:45am

BR Research

Inclusive growth and the IMF

Grappling with multiple issues like economic meltdown, climate change and social unrest amid the long lasting impact...

Published 29 Mar, 2023 08:50am

World

World Bank warns of ‘lost decade’ in global growth without bold policy shifts

WASHINGTON: Average potential global economic growth will slump to a three-decade low of 2.2% per year through 2030,...

Published 27 Mar, 2023 08:12pm

Business & Finance

PBF VP spells out steps aimed at fuelling economic growth

KARACHI: In the face of multi-dimensional obstacles to revival of economy, the desired acceleration of annual growth...

Published 27 Mar, 2023 06:15am

Business & Finance

Bank of England cautions over UK insurance reforms

LONDON: Britain’s post-Brexit insurance sector reforms, aimed at freeing up capital and boosting economic growth,...

Published 07 Mar, 2023 07:30pm

Business & Finance

UAE’s GDP grew 7.6pc in 2022, official says

ABU DHABI: The United Arab Emirates’ economy expanded 7.6% last year, a senior official said on Thursday, about...

Published 06 Mar, 2023 07:40am

Pakistan

US envoy visits KP to improve relations

PESHAWAR: US Ambassador Donald Blome visited Khyber Pakhtunkhwa (KP) to deepen the United States’ partnership with...

Published 06 Mar, 2023 06:22am

World

China sets economic growth target of 'around 5%' for 2023

BEIJING: China on Sunday set an economic growth target of "around 5 percent" for 2023, one of the lowest in decades,...

Updated 05 Mar, 2023 11:28am

World

India growth slows to 4.4% in Dec quarter on weak demand

MUMBAI: India’s quarterly economic growth slowed to 4.4 percent in the last three months of 2022, official estimates...

Published 28 Feb, 2023 09:31pm

Business & Finance

Pakistan needs productivity-enhancing reforms: World Bank

Report says that by closing female employment gap relative to its peers, Pakistan can accrue GDP gains of up to 23%

Updated 10 Feb, 2023 11:03pm

Opinion

Governance reforms anchored in civil service reforms — I

A common refrain these days is that we need to urgently embark upon long overdue structural reforms, allied with...

Published 08 Feb, 2023 07:29am

Opinion

At crossroads

Perhaps, no reader will be surprised with the caption of this piece. This heading has acquired the status of a...

Published 31 Jan, 2023 06:01am

Germany inks two framework agreements worth Euro 28m

ISLAMABAD: The Government of Pakistan and Germany signed two framework agreements -amounting Euro 28 million...

Updated 13 Jan, 2023 08:46am

Opinion

Central Europe’s path to lower inflation strewn with hazards

Romania’s 25 basis point rate hike on Tuesday may signal an end to Central Europe’s aggressive 18-month campaign...

Published 11 Jan, 2023 06:44am

Pakistan

Gender disparity in education poses risk to economic growth: SBP

KARACHI: Gender disparity in education enrollment poses a risk to prosperity and economic growth, experts have said...

Updated 05 Jan, 2023 07:26am

World

Russia revises up 2021 GDP growth estimate from 4.7pc to 5.6pc

MOSCOW: Russia’s federal statistics agency on Friday revised up its estimate for economic growth in 2021 from 4.7%...

Published 02 Jan, 2023 06:43am

$15.722bn newpacts signed: Country received $16.974bn foreign assistance: EAD

ISLAMABAD: The country received foreign assistance of $16.974 billion while it signed new agreements worth $15.722...

Updated 29 Dec, 2022 08:48am

Markets

India’s solar boom reverses gas momentum, cements coal use

LITTLETON, (Colo.): India’s rapid advances in solar power production have been widely celebrated for showing how...

Published 15 Dec, 2022 06:00am

ADB describes energy plan as ‘less than effective, efficient’

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:...

Updated 14 Dec, 2022 09:53am

Fiscal, monetary steps discussed

ISLAMABAD: Finance Minster Senator Mohammad Ishaq Dar and State Bank of Pakistan (SBP) Governor Jameel Ahmad...

Updated 08 Dec, 2022 09:15am

Business & Finance

Air pollution hurts Bangladesh GDP as well as health: World Bank

BENGALURU: Air pollution in Bangladesh is robbing the South Asian nation of economic growth as well as causing...

Published 05 Dec, 2022 06:48am

Opinion

Economic growth, political stability

Obligingly, President Arif Alvi has signed the summary and approved the appointment of Lt-Gen Sahir Shamshad Mirza ...

Published 26 Nov, 2022 04:13am

Business & Finance

Pakistan's economic growth to decline to 2% amid flash floods: SBP

The current account deficit is likely to be muted in FY23, said MPC

Published 10 Oct, 2022 05:25pm

Opinion

Political paralysis in Iraq hampers economic growth

A year since Iraq’s last elections, it remains without not only a new government but a budget too, obstructing...

Updated 09 Oct, 2022 06:34am

Opinion

China: developing a strong socialist culture

(—the fourteenth part of the “China in the past decade” series) Since the 18th National Congress of the...

Updated 09 Oct, 2022 06:33am

Over 6pc growth leads to dollar crunch: minister

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal Thursday said that more than six percent of...

Updated 07 Oct, 2022 09:59am

Pakistan

Economic outlook uncertain, likely to remain below target, warns Pakistan's finance ministry

Macroeconomic imbalances may ease with the expected slowdown in economic growth, says Monthly Economic Update & Outlook for September

Updated 30 Sep, 2022 05:38pm

Pakistan, EU agree on multifaceted uplift agenda

ISLAMABAD: Pakistan and the European Union agreed on multifaceted development cooperation agenda in a number of...

Updated 29 Sep, 2022 09:46am

World

Britain’s Labour pitches itself against tax cuts for the wealthy

LIVERPOOL, (England): Keir Starmer, leader of Britain’s Labour Party, on Sunday pledged to reverse the abolition ...

Published 26 Sep, 2022 08:06am

World

UK market meltdown? Nothing to see here, Treasury minister says

LONDON: Britain’s deputy finance minister on Saturday played down a historic collapse in the pound and government...

Published 24 Sep, 2022 02:15pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Mar 31 Kohinoor Power Company Limited(KOHP)	4.38 ▲ 0.63 (16.80%)
PICIC Ins.Ltd. / Mar 31 PICIC Insurance Limited(PIL)	0.69 ▲ 0.08 (13.11%)
Supernet Ltd. / Mar 31 Supernet Limited(GEMSPNL)	11.90 ▲ 1.00 (9.17%)
Asim Textile / Mar 31 Asim Textile Mills Limited(ASTM)	6.48 ▲ 0.53 (8.91%)
Bata (Pak) / Mar 31 Bata Pakistan Limited(BATA)	2084.87 ▲ 145.45 (7.50%)
Khyber Tex. / Mar 31 Khyber Textile Mills Limited(KHYT)	427.22 ▲ 29.80 (7.50%)
Pak Engineering / Mar 31 Pakistan Engineering Company Limited(PECO)	325.40 ▲ 22.70 (7.50%)
Janana D Mal / Mar 31 Janana De Malucho Textile Mills Limited(JDMT)	44.42 ▲ 3.09 (7.48%)
Sindh Abadgar / Mar 31 Sindh Abadgar's Sugar Mills Limited(SASML)	14.50 ▲ 1.00 (7.41%)
Popular Islamic / Mar 31 Popular Islamic Modaraba(PIM)	8.75 ▲ 0.60 (7.36%)

Stock	Price
Pak Gulf Leasing / Mar 31 Pak-Gulf Leasing Company Limited(PGLC)	5.31 ▼ -0.89 (-14.35%)
Samba Bank / Mar 31 Samba Bank Limited(SBL)	6.75 ▼ -0.85 (-11.18%)
Pak Gen.Ins. / Mar 31 The Pakistan General Insurance Co. Ltd.(PKGI)	3.96 ▼ -0.49 (-11.01%)
Equity Modaraba / Mar 31 First Equity Modaraba(FEM)	6.10 ▼ -0.50 (-7.58%)
AL-Ghazi Tractors / Mar 31 Al-Ghazi Tractors Limited(AGTL)	270.73 ▼ -21.95 (-7.50%)
Philip Morris Pak. / Mar 31 Philip Morris (Pakistan) Limited(PMPK)	426.43 ▼ -34.57 (-7.50%)
Tri-Pack Films / Mar 31 Tri-Pack Films Limited(TRIPF)	126 ▼ -10.14 (-7.45%)
Khairpur / Mar 31 Khairpur Sugar Mills Limited(KPUS)	67.26 ▼ -5.41 (-7.44%)
Dawood Lawrencepur / Mar 31 Dawood Lawrencepur Limited(DLL)	210 ▼ -15.90 (-7.04%)
Bunnys Limited / Mar 31 Bunnys Limited(BNL)	15.81 ▼ -1.19 (-7.00%)

Stock	Volume
Pak Int.Bulk / Mar 31 Pakistan International Bulk Terminal(PIBTL)	12,120,000 ▲ 0.26
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,523,000 ▲ 0.36
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▼ -0.18
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -4.49
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.00
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	4,863,500 ▲ 0.20
Pakgen Power / Mar 31 Pakgen Power Limited(PKGP)	4,421,500 ▲ 1.50
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	4,361,174 ▲ 0.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▲ 0.07
Waves Corporation / Mar 31 Waves Corporation Limited(WAVES)	3,477,000 ▲ 0.45

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 31	283.85
USD PKR Interbank Buying / Mar 31	283.65
USD to Japanese Yen / Mar 31	132.94
USD to Swiss Franc / Mar 31	0.91
Pound Sterling to USD / Mar 31	1.24
Euro to USD / Mar 31	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
S&P 500 / Mar 30	4050.83
Nasdaq / Mar 30	12013.47
Dow Jones / Mar 30	32859.03
India Sensex / Mar 31	58991.52
Tokyo Nikkei / Mar 31	28047.34
Hang Seng / Mar 31	20427.56
FTSE 100 / Mar 31	7628.03
Germany DAX 30 / Mar 31	15561.26
France CAC40 / Mar 31	7285.79

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Gold 10 Grams PKR / Mar 30	178241
Crude Oil USD/Barrel / Mar 31	74.31
Gold Spot USD/Ounce / Mar 31	1979.09
Cotton US¢/pound / Mar 31	83.42

Economic growth

Most Popular Articles