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economy of Pakistan

US on challenges facing Pakistan

EDITORIAL: There is no question about that this country needs to hold timely general elections to resolve the...

Published 20 Sep, 2023 06:28am

Opinion

The missing ingredients in Pakistan

Since the 18th Century, one country after another has experienced what Harvard economist Rostow called a “take off...

Updated 13 Sep, 2023 01:32pm

Opinion

PARTLY FACETIOUS: A beleaguered Pak rupee

“The rupee in the open market has come down dramatically due not to any measures taken by the can I say the...

Published 08 Sep, 2023 06:01am

Pakistan

IESCO chief announces campaign against power thefts, facilitators

ISLAMABAD: Engineer Qamar-ul-Islam Raja, Chairman IESCO said that power theft is a major hindrance regarding cheap...

Published 06 Sep, 2023 03:37am

Editorials

Adding insult to injury

EDITORIAL: The proposal of the senate standing committee on cabinet secretariat, that the government withdraw all...

Published 06 Sep, 2023 03:37am

Opinion

Shamshad can deliver

The caretakers are getting a lot of flak for all the right reasons. Not only has the political situation failed to...

Published 04 Sep, 2023 06:21am

Editorials

Initiative required from caretakers

EDITORIAL: The induction of well-respected technocrats in the caretaker cabinet on 17 August was widely hailed but a...

Published 04 Sep, 2023 06:21am

Business & Finance

Govt striving to strengthen economy: governor

LAHORE: Punjab Governor Balighur Rehman has said the government is trying hard to strengthen the country’s economy...

Published 26 Aug, 2023 06:13am

Editorials

The state of the economy

EDITORIAL: Contractionary fiscal and monetary policies agreed with the International Monetary Fund (IMF) under the...

Updated 24 Aug, 2023 06:44am

Pakistan

PBCMA urges immediate action against sugar hoarders

KARACHI: Vice President of Pakistan Biscuit and Confectionery Manufacturing Association (PBCMA), Javed Sarwana has...

Published 18 Aug, 2023 05:42am

Opinion

A mission-oriented industrial policy

‘While it is generally true that mainstream economists have responded to industrial policy with knee-jerk ...

Published 11 Aug, 2023 05:17am

Opinion

‘Heat economic policy’

It is, indeed, important that Pakistan should continue to deal with its macroeconomic and growth challenges of the...

Published 28 Jul, 2023 03:03am

Markets

Costly energy termed big threat to economy

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

Published 22 Jul, 2023 06:06am

Opinion

Dip in the rate of inflation

There is finally some good news on the rate of inflation. The month of June has witnessed a big dip in the rate of...

Updated 18 Jul, 2023 06:12am

Pakistan

Interest-based economy: JI brings scholars, academia and others on board

KARACHI: Jamaat-e-Islami (JI) Karachi took onboard religious scholars, experts, academia and other stakeholders,...

Published 17 Jul, 2023 03:47am

Opinion

Euphoria must not give way to despair

The nation is in a state of euphoria since it successfully clinched an International Monetary Fund’s (IMF’s) $3...

Updated 15 Jul, 2023 06:31am

Opinion

We need to start living within our means

Some day our cheerfulness in adversity will come to colour. Pakistan has been a member of the International Monetary...

Updated 14 Jul, 2023 06:59am

Business & Finance

Ishaq Dar appreciates businessmen for cooperation amid economic challenges

Says government measures will lead to economic revival

Published 08 Jul, 2023 10:51pm

Opinion

‘Charter of economy’ - an exercise in futility

Calls for delineating a ‘charter of economy’ have become a trend in Pakistan. The leaderships of almost all...

Published 08 Jul, 2023 06:20am

Editorials

‘Reliable, consistent’ tax regime

EDITORIAL: Tax reforms, rather the need for them, is (understandably) all the rage these days, considering the...

Published 08 Jul, 2023 06:20am

Pakistan

Climate change: report says Punjab on list of most vulnerable regions

LAHORE: Over the past 30 years (1975–2005), the minimum temperature of Punjab has increased by 0.97°C and the...

Published 02 Jul, 2023 03:13am

Pakistan

Sindh writes letter to Centre over water shortage

KARACHI: Provincial Irrigation Minister Jam Khan Shoro has contacted the federal government regarding shortage of...

Published 24 Jun, 2023 06:02am

Pakistan

Developing countries: Baqir for measures to monitor pledges of donors

ISLAMABAD: Former governor State Bank of Pakistan (SBP) Reza Baqir has stressed the need for concrete measures to ...

Published 23 Jun, 2023 06:00am

Business & Finance

Govt should establish cost accounting authority: PBIF

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

Published 21 Jun, 2023 05:21am

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

Editorials

Whither the economy

EDITORIAL: The budget for 2023-24 fails to curtail expenditure (and instead raised current expenditure by 26.5...

Published 16 Jun, 2023 06:27am

Business & Finance

HCSTSI President praises policy of border trade

HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry Muhammad Farooq Shaikhani while...

Published 15 Jun, 2023 06:03am

Opinion

The 3.5pc growth target: a pipe dream?

President Federation of Pakistan Chambers and Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has said that...

Published 14 Jun, 2023 06:21am

Editorials

Missed tax target

EDITORIAL: Bad news continues to flow in for the finance ministry as it turns out that FBR (Federal Board of ...

Published 03 Jun, 2023 03:52am

Opinion

‘Political despondency and economic despair’

This is apropos a Business Recorder editorial “Political despondency and economic despair” carried by the...

Published 30 May, 2023 03:37am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 23 Al-Abbas Sugar Mills Limited(AABS)	490 ▼ 0.00 (0.00%)
Agro Allianz / Sep 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 23 Allied Bank Limited(ABL)	70.08 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 23 Abbott Laboratories (Pakistan) Limited(ABOT)	351.05 ▼ 0.00 (0.00%)
Abson Ind. / Sep 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 23 Alfalah Consumer Index ETF.(ACIETF)	7.32 ▼ 0.00 (0.00%)
Attock Cement / Sep 23 Attock Cement Pakistan Limited(ACPL)	85 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 23 Al-Abbas Sugar Mills Limited(AABS)	490 ▲ 0.00 (0.00%)
Agro Allianz / Sep 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 23 Allied Bank Limited(ABL)	70.08 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 23 Abbott Laboratories (Pakistan) Limited(ABOT)	351.05 ▲ 0.00 (0.00%)
Abson Ind. / Sep 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 23 Alfalah Consumer Index ETF.(ACIETF)	7.32 ▲ 0.00 (0.00%)
Attock Cement / Sep 23 Attock Cement Pakistan Limited(ACPL)	85 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Sep 23 Cnergyico PK Limited(CNERGY)	10,563,972 ▲ 0.00
WorldCall Telecom / Sep 23 Worldcall Telecom Limited(WTL)	10,059,097 ▲ 0.00
Unity Foods Ltd / Sep 23 Unity Foods Limited(UNITY)	8,137,436 ▲ 0.00
Hub Power Co. / Sep 23 The Hub Power Company Limited(HUBC)	7,480,117 ▲ 0.00
K-Electric Ltd. / Sep 23 K-Electric Limited(KEL)	7,220,289 ▲ 0.00
Dewan Motors / Sep 23 Dewan Farooque Motors Limited(DFML)	6,909,431 ▲ 0.00
Pak Petroleum / Sep 23 Pakistan Petroleum Limited(PPL)	6,762,444 ▲ 0.00
Maple Leaf Cement / Sep 23 Maple Leaf Cement Factory Limited(MLCF)	6,752,226 ▲ 0.00
Nishat Chun.Pow. / Sep 23 Nishat Chunian Power Limited(NCPL)	5,546,500 ▲ 0.00
Bankislami Pak. / Sep 23 BankIslami Pakistan Limited(BIPL)	4,318,326 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 22	292.10
USD PKR Interbank Buying / Sep 22	291.70
USD to Japanese Yen / Sep 22	148.37
USD to Swiss Franc / Sep 22	0.91
Pound Sterling to USD / Sep 22	1.22
Euro to USD / Sep 22	1.07
UK LIBOR % / Sep 22	5.43

Stock	Volume
S&P 500 / Sep 22	4320.06
India Sensex / Sep 22	66009.15
Tokyo Nikkei / Sep 22	32402.41
Nasdaq / Sep 22	13211.81
Hang Seng / Sep 22	18057.45
FTSE 100 / Sep 22	7683.91
Dow Jones / Sep 22	33963.84
Germany DAX 30 / Sep 22	15557.29
France CAC40 / Sep 22	7184.82

Item	Value
Crude Oil USD/Barrel / Sep 22	90.03
Karachi Cotton PKR/37.32 KG / Sep 22	19035
Gold 10 Grams PKR / Sep 22	185020
Gold Spot USD/Ounce / Sep 22	1925.24
Cotton US¢/pound / Sep 22	85.91

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