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economy

Budget 2024-25: PBC for documenting economy as per Indian model

ISLAMABAD: Pakistan Business Council (PBC) has strongly proposed Finance Minister Muhammad Aurangzeb to implement...

Published 21 May, 2024 03:39am

Editorials

Informal economy

EDITORIAL: The size of Pakistan’s informal sector has been a cause for much consternation for our policymakers as...

Published 21 May, 2024 03:39am

Editorials

State of the economy

EDITORIAL: The government reduced prices of petroleum and products significantly effective 16 May till the end of...

Updated 20 May, 2024 06:12am

Business & Finance

PTBA for digitalisation, documentation of economy

KARACHI: Pakistan Tax Bar Association (PTBA) has emphasised the need for the digitalisation and documentation of the...

Published 17 May, 2024 05:50am

Opinion

An anti-citizen policy?

Governments are supposed to make people-friendly and welfare-oriented policies. Citizens should not be just tax...

Published 14 May, 2024 05:18am

Business & Finance

Uzbek FM calls on Zardari ‘Need to enhance bilateral cooperation in various sectors’

ISLAMABAD: President Asif Ali Zardari said that there is a need to further enhance bilateral cooperation with...

Published 10 May, 2024 04:17am

Business & Finance

BMP against harmful actions to national economy, people

LAHORE: The private sector leadership under the banner of Pakistan Businessmen Panel has always stood firm and ...

Published 04 May, 2024 05:48am

Pakistan

Minister stresses safety of coal miners

KARACHI: Provincial Minister for Energy, Planning and Development Syed Nasir Hussain Shah while talking to various...

Published 02 May, 2024 04:58am

Opinion

Ending hopium—lV

Our unsustainable economy is challenging our survival and requires measures by Ministry of Federal Education and...

Published 30 Apr, 2024 03:43am

BR Research

Rate cut: the virtues of patience

If Pakistan were a person, it would have probably been diagnosed with bipolar disorder. Few trips to Gulf capitals;...

Published 29 Apr, 2024 07:50am

Business & Finance

Germany nudges up growth forecast, ailing economy at ‘turning point’

FRANKFURT: The German government slightly increased its 2024 growth forecast Wednesday, saying there were signs...

Published 29 Apr, 2024 04:49am

Opinion

It’s all about the economy

Karachi, being Pakistan’s premier industrial and financial centre and home to 90 percent of the multinational...

Updated 27 Apr, 2024 05:28am

Opinion

SOEs: performance & accountability

The World Bank’s recent report, titled ‘Pakistan Development Update, fiscal impact of Federal State-Owned...

Published 26 Apr, 2024 04:15am

Opinion

Persistent decline of manufacturing sector

The latest monthly data for February 2024 on the Quantum Index of Manufacturing (QIM) has been released recently by...

Published 23 Apr, 2024 03:41am

Business & Finance

ME tension poses a risk to recovery of global economy: PBIF

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

Published 19 Apr, 2024 05:07am

Perspectives

Global events and effects on Pakistan’s inflation

When the Muslim world was celebrating Eid, global capital markets were shaken, and aftershocks expected. Although...

Published 17 Apr, 2024 03:45pm

Opinion

Ending hopium—I

Is it time to implement manifestos, return to the drawing board under the shadow of a national government, maintain...

Updated 18 Apr, 2024 09:23pm

Pakistan

Minister urges private sector to explore new opportunities

KARACHI: Federal Minister for Privatization, Board of Investment and Communications Abdul Aleem Khan has said that...

Published 16 Apr, 2024 03:38am

Economy showing positive signs, claims govt

Attaullah Tarar says govt determined to resolve problems faced by the country and concrete measures are being taken to improve the national economy.

Updated 07 Apr, 2024 07:09pm

Economic recovery govt’s top priority: Tarar

LAHORE: Federal Minister for Information and Broadcasting Ataullah Tarar said on Saturday that recovery of the...

Updated 31 Mar, 2024 10:51pm

Business & Finance

Attacks on foreign experts termed attacks on economy

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

Published 30 Mar, 2024 08:17am

Business & Finance

Experts stress less reliance on IMF

KARACHI: Speakers at a seminar here stressed the importance of Islamic financial system, IT and agriculture sectors...

Published 30 Mar, 2024 08:09am

Pakistan

‘Bandits become threat to economy’

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

Published 27 Mar, 2024 04:38am

Editorials

Bringing traders into the tax net

EDITORIAL: Successive governments in Pakistan have tried and failed to bring the country’s traders and retailers...

Updated 27 Mar, 2024 05:07am

Opinion

Aurangzeb has his work cut out for him

In understanding the nation’s economy, there’s a clear distinction between an economist serving as the finance...

Published 24 Mar, 2024 03:02am

Opinion

Income, not consumption, taxes: Applying a ‘national income tax’ for a welfare state

‘The fundamental injustice of consumption taxes, relative to income taxes, is that the well-off can postpone them by...

Updated 22 Mar, 2024 11:00am

Business & Finance

Sri Lanka’s economy shrank 2.3pc in 2023

COLOMBO: Sri Lanka’s economy shrank 2.3 percent in 2023, official data showed on Friday, as the island nation...

Published 18 Mar, 2024 04:56am

World

New global record for profits paid out to shareholders: study

PARIS: Global dividend payments hit a record $1.66 trillion in 2023 according to a report by asset manager Janus...

Published 14 Mar, 2024 03:00am

Opinion

‘Economy on a knife-edge after election’

This is apropos a Business Recorder op-ed “Economy on a knife-edge after election” carried by the newspaper...

Published 13 Mar, 2024 06:32am

Opinion

‘Challenges, challenges’

This is apropos a Business Recorder op-ed “Challenges, challenges” carried by the newspaper yesterday. That the...

Published 06 Mar, 2024 04:18am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.50
USD PKR Interbank Buying / May 20	278.30
USD to Japanese Yen / May 21	156.44
USD to Swiss Franc / May 21	0.91
Pound Sterling to USD / May 21	1.27
Euro to USD / May 21	1.09

Stock	Volume
S&P 500 / May 20	5308.13
Nasdaq / May 20	16794.88
FTSE 100 / May 20	8424.20
Dow Jones / May 20	39806.77
Germany DAX 30 / May 20	18768.96
France CAC40 / May 20	8195.97
India Sensex / May 21	73830.29
Tokyo Nikkei / May 21	39037.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 20	214678
Petrol/Litre / May 21	273.10
Crude Oil USD/Barrel / May 21	79.32
Gold Spot USD/Ounce / May 21	2414
Diesel/Litre / May 21	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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