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Upcoming budget: KATI chief for inclusion of agri sector in tax net

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has called for the...

Published 27 Apr, 2024 05:03am

Business & Finance

Indonesia says posts Jan-Mar budget surplus of 0.04% of GDP

JAKARTA: Indonesia booked a budget surplus of 8.1 trillion rupiah ($499.38 million) in the January-March period, or...

Published 26 Apr, 2024 10:02am

World

Sunak vows more spending for UK defence in 'dangerous world'

WARSAW: Prime Minister Rishi Sunak said on Tuesday he would lift defence spending to 2.5% of GDP to reach 87 billion...

Updated 23 Apr, 2024 08:44pm

Editorials

No end to climate troubles

EDITORIAL: Earlier predictions about the effects of climate change are turning out to be so frighteningly true that...

Published 21 Apr, 2024 04:10am

24.8pc inflation forecast: IMF projects 2pc growth

ISLAMABAD: The International Monetary Fund (IMF) has projected the GDP growth rate for Pakistan at two per cent for...

Updated 17 Apr, 2024 09:41am

Business & Finance

China’s Q1 GDP growth solid but March data shows feeble demand

BEIJING: China’s economy grew faster-than-expected in the first quarter, data showed on Tuesday, offering some...

Published 16 Apr, 2024 11:53am

World Bank quantifies Pakistan’s financing needs

ISLAMABAD: The World Bank has stated that Pakistan now faces financing needs surpassing 10 percent of Gross Domestic...

Updated 16 Apr, 2024 11:07am

BR Research

An interview with Anwar Kashif Mumtaz, President, Pakistan Tax Bar Association

‘Documentation is the only way forward’ Anwar Kashif Mumtaz (Advocate Supreme Court) is a Tax and Corporate Lawyer,...

Published 15 Apr, 2024 10:38am

Multiplicity of taxes heavily burdening industrial sector

Claim by the manufacturing sector is that while their share in Gross Domestic Product (GDP) is 20 percent yet their contribution in taxes is over 60 percent

Updated 15 Apr, 2024 09:41pm

FY24 real GDP projected to grow by 1.9pc

ISLAMABAD: Pakistan’s real GDP is projected to grow by 1.9 percent in fiscal year 2024, driven by a rebound in...

Updated 13 Apr, 2024 01:38pm

SIFC helps FBR collect Rs6.71trn in Jul-Mar FY24

The government is likely to achieve its Rs 9.415 trillion revenue collection target for 2023-24

Updated 09 Apr, 2024 09:50am

Opinion

Exiting the economic quagmire: a call to action

Pakistan finds itself ensnared in a period of stagnant growth. If the World Bank’s projection of GDP growth for ...

Published 08 Apr, 2024 04:46am

Editorials

The quest for FDI

EDITORIAL: World Bank report titled “South Asia Development Update Jobs for Resilience” highlights the existing...

Published 08 Apr, 2024 04:46am

SOEs: PM for speeding up sell-off process

ISLAMABAD: Prime Minister Shehbaz Sharif has directed to speed up the process of reforms and privatisation of...

Updated 05 Apr, 2024 09:57am

No reduction in poverty in sight: World Bank projects 1.8pc growth

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth at 1.8 percent against the budgetary estimates of 3.5...

Updated 03 Apr, 2024 09:46am

Business & Finance

Urgent action stressed to stabilise economy

ISLAMABAD: The Pakistan Institute of Development Economics (PIDE) has stressed the need for urgent action to...

Published 03 Apr, 2024 05:29am

Opinion

Contours of new IMF programme

Prime Minister Shehbaz Sharif has reiterated recently the need for moving ahead with a new IMF (International...

Published 02 Apr, 2024 04:38am

Editorials

March economic outlook

EDITORIAL: In the most damning indictment of the caretaker government’s performance on the economic front, the Gross...

Published 02 Apr, 2024 04:37am

Opinion

Productive use of energy critical to reviving economy

The new government faces the daunting challenge of navigating its complex economic landscape. The country’s foreign...

Updated 01 Apr, 2024 06:14am

Opinion

Paradigm behind an ideal tax-to-GDP ratio

One point of commonality in all twenty-three International Monetary Fund (IMF) programmes secured by Pakistan to ...

Published 01 Apr, 2024 05:34am

PM sets targets for MoF, other ministries

PM Shehbaz Sharif decides to evaluate the performance of each ministry

Updated 01 Apr, 2024 09:52am

World

India's GDP set to grow 8% or more in Jan-March quarter: finance minister

NEW DELHI: India’s gross domestic product (GDP) is on track to grow by 8% or more in the quarter ending March 31,...

Updated 30 Mar, 2024 08:23pm

Opinion

Criticality of regional economic cooperation-I

The size of Pakistan’s GDP was around USD 180 billion in 2010, which was around USD 400 billion in 2023. This is...

Published 30 Mar, 2024 06:22am

Business & Finance

Q2 GDP stands at 1pc despite improvement in agri sector

ISLAMABAD: The GDP growth stood at one percent in the second quarter of the ongoing fiscal year against the revised...

Updated 30 Mar, 2024 08:47am

Opinion

Documentation for economic prosperity

Upon assuming office for the second time, Prime Minister Shehbaz Sharif has undertaken the critical responsibility ...

Published 29 Mar, 2024 04:45am

Pakistan

Q2FY24: Pakistan sees GDP growth of 1%, below expectation

National Accounts Committee says agriculture sees 5.02% growth, but industrial sector contracts

Updated 28 Mar, 2024 10:34pm

Business & Finance

NAC to approve Q2 GDP estimates today

ISLAMABAD: The National Accounts Committee (NAC) is scheduled to meet on Thursday (Mar 28) to approve the 2nd...

Updated 28 Mar, 2024 09:38am

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

Attacks on the NFC Award

There have recently been some attacks on the 7th NFC award relating to the distribution of federal tax revenues...

Updated 26 Mar, 2024 04:41am

Fiscal deficit: OICCI submits proposals to Aurangzeb

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted proposals to the government...

Updated 22 Mar, 2024 09:46am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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