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economy

Economic rebound to continue, says finance ministry

Current account balance is expected to show a deficit of around $0.5 billion by the end of the current fiscal year, states Monthly Economic Update & Outlook June 2021

Published 29 Jun, 2021 01:38pm

Markets

Reliance unveils $10bn green energy push

MUMBAI: Indian oil-to-telecom giant Reliance Industries unveiled plans Thursday to invest $10 billion in renewable...

Published 28 Jun, 2021 04:38am

Pakistan

IMF says Pakistan talks ongoing, further discussion needed on structural reforms

IMF spokesman Gerry Rice declines to say if disbursements under $6 billion financing program had been halted

Published 24 Jun, 2021 08:27pm

Business & Finance

Pakistan's foreign exchange reserves fall to $23.26 billion

Reserves held with SBP fall $311 million
Fall attributed to external debt repayments

Published 24 Jun, 2021 06:11pm

FBR collection estimate suffers from flaws?

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect Rs 5,336 billion without incorporating ...

Published 14 Jun, 2021 03:39am

Business & Finance

UBG officials term budget balanced in present circumstances

KARACHI: Patron-in Chief of United Business Group (UBG) S M Muneer and UBG President Zuberi Tufail have termed the...

Published 13 Jun, 2021 03:56am

BR Research

Industrial employment rebounds

The recently released central bank’s State of Economy report on 2QFY21 touches upon the employment subject in...

Published 09 Jun, 2021 07:30am

Pakistan

‘SBP buoys up economy amid Covid pandemic’

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

Published 08 Jun, 2021 04:09am

Pakistan

Opposition parties have nothing to criticise, says Gill

LAHORE: Special Assistant to the Prime Minister on Political Communications Dr Shahbaz Gill has said that though...

Published 07 Jun, 2021 03:34am

Editorials

Unwinding the stimulus

EDITORIAL: The State Bank of Pakistan (SBP) Governor Dr Reza Baqir commented in a recent interview to a foreign...

Published 07 Jun, 2021 03:34am

Opinion

Economy: govt’s growing optimism

In a rather surprising yet welcome development the government has come up with rather bullish figures on ...

Published 05 Jun, 2021 04:08am

Business & Finance

PTEA assured: All possible support being extended to export sector

FAISALABAD: The Chairman Standing Committee on Finance & Revenue Faizullah Kamoka has said thatgGovernment is...

Published 05 Jun, 2021 04:08am

Pakistan

Tourism potential game changer for Pakistan and its economy: Fawad

Fawad Chaudhry says PAECO conference would provide an opportunity to all member countries on how to promote tourism

Updated 02 Jun, 2021 07:57pm

Pakistan

Economy improving steadily despite challenges: Ali Muhammad

The minister said the government through practical steps and policies achieved betters results in GDP growth rate and enormous increase in exports.

Published 02 Jun, 2021 07:13pm

Pakistan

KP Govt focus on tourism promotion for economy, employment opportunities: Mahmood Khan

Chief Minister said that some archaeological sites for restoration of heritage and culture under different schemes have been resuscitated.

Published 02 Jun, 2021 07:10pm

BR Research

KSE-100 – bull run calling?

The Pakistan Stock Exchange made quite a few headlines last month despite just 15 trading sessions....

Published 01 Jun, 2021 07:25am

Opinion

How to revive economy?

Pakistan’s economy is currently facing multi-dimensional economic challenges that include slower economic growth,...

Published 01 Jun, 2021 04:59am

Business & Finance

Green bond launched: Cannot advance without long-term planning, says PM

He said that 10 dams will be constructed in Pakistan in the coming ten years.

Published 31 May, 2021 01:26pm

FY22 budget: Tarin hints at approaching opposition parties

ISLAMABAD: While unveiling 2021-22 budget plan, Finance Minister Shaukat Tarin said on Sunday that he would be...

Published 31 May, 2021 03:12am

Pakistan

Fawad questions timing of PDM's protest call, asks whom it will benefit

Says tax amounting to more than 4,000 billion was collected for the first time in the country's history
Pakistan had to face economic hardship as a result of how the Pakistan People's Party and Muslim League-Nawaz dealt with the economy: Minister

Updated 30 May, 2021 03:07pm

People have rejected IMF, govt: Shehbaz

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) President and Leader of the Opposition Shehbaz Sharif have said that...

Published 30 May, 2021 03:51am

Economy back on path of growth as predicted: Umar

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Asad Umar Saturday claimed that the...

Published 30 May, 2021 03:51am

Pakistan

Positive economic indicators rattle opposition parties: Shahbaz Gill

Gill said the national economy was on upward trajectory due to prudent economic policies of Prime Minister and extensive efforts of his economic team.

Updated 29 May, 2021 10:06pm

Pakistan

Pak economy heads back to steady growth after pandemic: Shibli

Every penny of public money was being spent only on projects of progress and prosperity of the people, he added.

Published 29 May, 2021 06:58pm

Business & Finance

Current economic turnaround sustainable, says SBP’s Reza Baqir

Points towards current account balance as primary reason for Pakistan's ability to continue its growth momentum

Published 29 May, 2021 01:41pm

Opinion

PARTLY FACETIOUS: A frog or a toad?

"Yaaaay."

Published 29 May, 2021 03:59am

Pakistan

PM to interact with public via telephone on May 30

This will be the fourth time that the PM will be answering the public's questions over the phone
Citizens can start calling with their queries at 3:00pm on Sunday

Published 28 May, 2021 11:47am

Business & Finance

Economic revival on 'sound footing' says SBP, as CAB post $200mn deficit

The central bank added that through the first 10 months of the ongoing fiscal year, CAB remains in surplus of $800mn, which is “a significant turnaround from the $4.7bn deficit during the same period last year.

Published 25 May, 2021 01:36pm

Pakistan

Bilawal blames PM for 'destroying' economy

KARACHI: Pakistan People's Party (PPP) chairman Bilawal Bhutto Zardari on Sunday blamed Prime Minister Imran Khan ...

Updated 24 May, 2021 08:30am

Business & Finance

Economy: Umar felicitates nation

ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar Sunday congratulated the whole ...

Updated 24 May, 2021 08:32am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 3 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 3 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 3 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 3 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 3 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 3 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 3 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 3 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 3 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 3 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 3 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 3 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 3 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 3 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

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