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economy

Crude oil – price strengthening amid turbulence

In the midst of rising coronavirus cases with many economies under the third spell of the virus, the general trend ...

Published 09 Apr, 2021 07:30am

World

IPRI holds webinar on “Deconstructing FATF through a Legal Lens”

On Wednesday, the Islamabad Policy Research Institute held a seminar on “Deconstructing FATF through a Legal Lens”, with a panel of distinguished speakers.

Updated 07 Apr, 2021 08:53pm

BR Research

Asked and (un)answered

Over the weekend, in a live telephonic conversation with the public, the Prime Minister received a call from a woman...

Published 06 Apr, 2021 07:40am

Azhar optimistic about economic prospects

ISLAMABAD: The newly appointed federal minister for finance Hammad Azhar on Sunday said that despite all challenges...

Published 05 Apr, 2021 03:56am

Pakistan

Economy in much better condition than in 2018: Hammad Azhar

He said in 2018, the economic indicators were in worse condition and couldn’t be shared with the public through media for their negative impact.

Published 04 Apr, 2021 08:31pm

Cabinet to discuss economy, Covid-19 vaccine price today

ISLAMABAD: The Cabinet which is scheduled to meet on Thursday (April 1) with Prime Minister Imran Khan in the chair...

Published 01 Apr, 2021 04:10am

Markets

IMF releases $174.2 million to South Sudan for urgent balance of payments needs

It expected the economy would contract 4.2% in the 2020/21 fiscal year, it added.

Published 31 Mar, 2021 11:56am

Markets

Poland's economy could grow by 3.3% in 2021: World Bank

World Bank experts expect the economy will grow by 4.2% in 2022.

Published 31 Mar, 2021 11:50am

BR Research

Economy and the art of self-cannibalization

“If you don't cannibalize yourself, someone else will”. Prime Minister Imran Khan may or may not have read that...

Published 31 Mar, 2021 07:25am

Business & Finance

'Urgent reforms needed to stabilise economy'

KARACHI: Chairman of National Business Group and president Pakistan Businessmen and Intellectuals Forum (PBIF), Mian...

Published 31 Mar, 2021 05:42am

Business & Finance

Baqir says State Bank should be given operational independence to pursue objectives

Talking about the rise in power tariff coming in the wake of the government's recent decisions the governor of the central bank said that our aim should be to reduce the circular debt.
“The current amendments are a part of a broader process to modernize the central bank in light of latest developments,” he said.

Updated 27 Mar, 2021 01:20pm

Markets

PSX Board urges Finance ministry, FBR to review proposed tax amendments

It was of the view that the capital markets in Pakistan are probably the most documented sector of the economy.

Published 25 Mar, 2021 03:56pm

World

UAE raises investment in UK with life sciences focus

LONDON: The UAE is increasing UK investment with a focus on life sciences such as healthcare innovation, the British...

Published 25 Mar, 2021 05:08am

World

Locked-down Europe: cash to spend, nowhere to spend it

"This underpins our cautious outlook for private consumption, which we do not see returning to pre-crisis levels before the end of 2022," it concluded.

Published 24 Mar, 2021 12:32pm

BR Research

Wheat MSP: t’was politicking all along

“Underlying price pressures from the demand-side should remain contained,” noted SBP in its monetary policy...

Published 22 Mar, 2021 07:25am

Opinion

‘District heating and cooling’ — I

The subject topic, as covered in Business Recorder (BR) article (March 9), in quite some detail may be misleading to...

Published 20 Mar, 2021 04:39am

Markets

ECB stress testing broader economy over climate risk

"In the absence of further climate policies, the costs to companies arising from extreme weather events rise substantially, and greatly increase their probability of default."

Published 18 Mar, 2021 12:35pm

Markets

New Zealand economy posts record decline in 2020

"However, it's important to look forward," he said.

Published 18 Mar, 2021 10:17am

Pakistan

Solid steps taken to ensure ease-of-doing business: CM

LAHORE: Punjab Chief Minister Sardar Usman Buzdar said on Wednesday that solid steps have been taken to ensure ease...

Updated 18 Mar, 2021 09:24am

Business & Finance

Thailand aims for 4% growth this year driven by recovery in Q4

The government is considering extending a co-payment subsidy scheme to boost consumption, he said.

Published 17 Mar, 2021 12:34pm

World

Kashmiris have suffered economic loss of over $5b since August 2019

Conflict is a major source of food insecurity across the world, and Kashmir has become criminally trapped in the same situation, Munir Akram told UN Security Council.
The complete communications blackout have prevented Kashmiri farmers from reaching their farmlands, resulting in acute food shortages, the envoy further said.

Published 15 Mar, 2021 01:31pm

All trade activities resuming: Shibli

ISLAMABAD: The government said on Sunday that the economy is moving on positive direction with all the business...

Published 15 Mar, 2021 05:22am

Pakistan

Economy put on right trajectory due to Govt’s policies: President

He said there is a need to strengthen financial institutions on modern lines and formulation of policies keeping in view new trends.

Published 13 Mar, 2021 07:19pm

BR Research

Hot money returns?

There are some early signs of hot money returning. Nothing too hot though. It is just a little higher sum of money...

Published 10 Mar, 2021 07:25am

World

Three protesters killed as Myanmar workers go on strike

YANGON: Three anti-coup protesters were shot dead in Myanmar on Monday as demonstrators across the country sought to...

Published 09 Mar, 2021 05:45am

Hafeez meets PM

ISLAMABAD: The Prime Minister Imran Khan has asked Dr Abdul Hafeez Shaikh to continue working as finance minister....

Published 07 Mar, 2021 04:07am

Business & Finance

China says wants economy to grow over 6pc in 2021

BEIJING: China’s leaders said Friday they had set a target for GDP to grow more than six percent this year, as the...

Published 06 Mar, 2021 05:01am

Markets

‘Rising yarn prices jeopardising production’

FAISALABAD: Former Chairman of All Pakistan Cotton Power Looms Association, Chaudhry Muhammad Nawaz has said that ...

Published 04 Mar, 2021 04:58am

World

Britain slashes 2021 growth in virus-fighting budget

Sunak warned parliament that the "coronavirus has done and is still doing profound damage".

Published 03 Mar, 2021 07:48pm

Markets

India’s fuel demand may rise

NEW DELHI: India’s fuel consumption could rise by 9.8% in the year to March 2022, its highest pace of growth in ...

Published 03 Mar, 2021 05:49am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 2 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 2 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 2 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 2 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 2 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 2 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 2 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 2 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 2 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 2 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 2 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 2 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 2 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 2 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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