Topic

Fiscal Year

Daunting fiscal challenges

Published 31 Mar, 2023 06:45am

Since the assumption of power in April 2022, the coalition government of Pakistan Democratic Movement (PDM) has been...

Around $17bn foreign debt incurred in FY22

Updated 26 Jul, 2022 10:00am

Around $4.9 billion was taken from foreign commercial banks

Rs 1526.6 billion set aside for defence services

Updated 11 Jun, 2022 10:17am

ISLAMABAD: A sum of Rs1526.6 billion was budgeted for defence services for 2022-23, marking an increase of 11.17 per...

Rs2,560bn direct taxes target set for next fiscal year

Updated 08 Jun, 2022 10:13am

ISLAMABAD: The direct taxes target has been projected at Rs 2,560 billion for the next fiscal year against Rs 2,182...

Essential food items: Tax exemptions will continue: FBR

Updated 12 May, 2022 09:43am

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmed said Wednesday that the policy measures to be taken in...

Jul-Mar trade deficit widens 70.1pc

Updated 05 Apr, 2022 10:00am

ISLAMABAD: Trade deficit widened by 70.1 percent during the first nine months (July-March) of the current fiscal...

Nov cement despatches increase 10.21pc YoY

Published 07 Dec, 2021 06:29am

LAHORE: Cement despatches registered an increase of 6.91 percent in November 2021 as total cement despatches during...

Difference in mark-up payment linked to maturity profile of PIBs

Published 12 Nov, 2021 04:46am

ISLAMABAD: The government's mark-up payable in the first quarter of 2021-22 is not precisely one quarter of the ...

Registered taxpayers: FBR tax demands yield Rs80.1bn in FY21

Updated 11 Nov, 2021 09:53am

FBR report states that collection out of current demand has increased by a healthy 19.9 percent

FBR exceeds Rs397bn Oct collection target

Updated 30 Oct, 2021 09:48am

ISLAMABAD: The Federal Board of Revenue (FBR) has exceeded the assigned tax collection target of Rs397 billion set...

Japan rakes in record sales tax revenue despite pandemic

Published 02 Jul, 2021 04:20am

TOKYO: Japan’s sales tax revenue in the last fiscal year topped 20 trillion yen ($180 billion) for the first time...

Anjum Nisar calls for putting economy on high growth path

Published 20 Jun, 2021 03:39am

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel Chairman Mian Anjum Nisar...

Agri sector under the govt spotlight

Published 11 Jun, 2021 03:41am

It is quite true that agriculture is the only sector of the economy of Pakistan that can bring about economic growth...

Exports increase by 13.97pc in 11 months

Published 09 Jun, 2021 06:45pm

The exports during July-May (2020-21) were recorded at $22.560 billion against the exports of $19.795 billion during July-May (2019-20).

Export of telecom, computer, info services register 43.61pc growth in 9 months of FY20-21

Published 08 Jun, 2021 07:39pm

Pakistan has received $ 1,052.95 million by export of services in telecommunication, computer and information sectors during July 2020 to March 2021.

Govt decides to postpone NGMS spectrum auction

Published 07 Jun, 2021 03:34am

ISLAMABAD: The government has decided in principle to postpone the auction of next generation mobile services (NGMS)...

Economy out of the woods now: PM

Published 02 Jun, 2021 04:29am

ZIARAT: Prime Minister Imran Khan on Tuesday said that with Gross Domestic Product (GDP) growth estimated at around...

‘Cement exports surge by 252pc in April’

Published 05 May, 2021 04:01am

LAHORE: Cement sector posted robust growth of 40.41 percent in April 2021 when total cement despatches were...

ADB projects 2pc growth, 8.7pc inflation

Published 29 Apr, 2021 03:52am

ISLAMABAD: The Asian Development Bank (ADB), while projecting slower growth for agriculture sector of Pakistan, has...

Marketable securities: SBP unveils two more categories of PDs

Updated 13 Apr, 2021 09:30am

KARACHI: The State Bank of Pakistan (SBP) has decided to introduce two additional categories of dealers, in addition...

Govt pledges to bring GST, PIT reforms in next budget

Updated 09 Apr, 2021 09:19am

ISLAMABAD: Tax revenues, net of refunds, grew 12 percent on year to year while the government has pledged to the...

IMF arrangement under EFF: Pakistan reaffirms commitment to economic policies

Updated 09 Apr, 2021 09:19am

ISLAMABAD: Pakistan has reaffirmed its commitment to the policies and objectives of the economic programme supported...

1HFY21: Govt adds over Rs1trn to domestic debt

Published 02 Apr, 2021 04:58am

ISLAMABAD: The incumbent government has added Rs1.057 trillion to the domestic debt during the first six months of...

Jul-Feb FDI plunges 30pc YoY

Published 18 Mar, 2021 03:56am

KARACHI: Foreign Direct Investment (FDI) fell by 30 percent during the first eight months of this fiscal year ...

Japan to hike tariffs on US beef as FY imports near limit

Published 16 Mar, 2021 12:13pm

Officials at Japan's agriculture and finance ministries declined to comment on the report, but noted that the import figure for early March will be released on Wednesday.

The company said it will turn profitable by the second half of its next fiscal year and achieve positive operating cash flow in fiscal 2023.
Canopy's US-listed shares rose 2% in premarket trading on the Nasdaq.

PASSD has demanded for Rs212mn for next fiscal year's 2 projects; NA body told

Published 04 Feb, 2021 09:33pm

The committee directed for a comprehensive briefing in its next meeting on all the initiatives being carried out under the Ehsaas programme.

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1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Fiscal Year

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