Trends - Economic growth - Business Recorder

Economic growth

Remittances: boon or bane for growth?–I

Pakistan is the sixth largest recipient of remittances in the world, with the State Bank of Pakistan declaring a...

Published 19 Apr, 2023 06:36am

Pakistan

NAB hinders economic growth, says ex-PM

KARACHI: Former Prime Minister Shahid Khaqan Abbasi has said the National Accountability Bureau (NAB) is of no use ...

Published 16 Apr, 2023 03:36am

Opinion

A retarding economic growth outlook: IMF and ‘Chicago boys’ in a fix

‘The International Monetary Fund warned that its outlook for global economic growth over the next five years is ...

Updated 14 Apr, 2023 07:10am

Business & Finance

BOI, PIDE hold workshop about improving business environment

ISLAMABAD: The government is working on a number of reforms including simplifying the regulatory framework, and...

Published 13 Apr, 2023 06:37am

World

India likely to see normal monsoon rains

NEW DELHI/MUMBAI: India is likely to receive normal monsoon rainfall in 2023, the state-run weather office said on...

Published 12 Apr, 2023 06:11am

MoF lists factors causing fiscal deficit crisis

ISLAMABAD: The Finance Ministry has stated that the sharp (V-shaped) economic recovery after the control of...

Updated 04 Apr, 2023 09:02am

Business & Finance

Hybrid economic model suggested for swift uplift

KARACHI: Are we an agriculture country or an industrial country, this is a very serious question in the mind of ...

Published 03 Apr, 2023 06:36am

Opinion

Overcoming barriers to female labour force participation–I

According to the Global Gender Gap Report 2021, Pakistan ranked 153rd out of 156 countries on the gender parity ...

Updated 01 Apr, 2023 07:09am

World

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

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
FTSE 100 / Apr 18	7877.05
Dow Jones / Apr 18	37775.38
Germany DAX 30 / Apr 18	17837.40
France CAC40 / Apr 18	8023.26
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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