Trends - GDP growth - Business Recorder

GDP growth

Ending hopium—II

SIFC (Special Investment Facilitation Council) and the last Caretaker Government had taken the elephant steps on...

Published 18 Apr, 2024 03:24am

Business & Finance

IMF detects hike in govt expenditure

ISLAMABAD: The International Monetary Fund (IMF) has projected an increase of 0.7 percent in the government...

Published 18 Apr, 2024 03:24am

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 17 Apr, 2024 05:28am

World

IMF sees slow, steady 2024 global growth; China, inflation pose risks

Many countries showing less 'scarring' from COVID-19 pandemic and cost-of-living crises, returning to pre-pandemic levels of output more quickly than previously predicted, says IMF

Updated 16 Apr, 2024 08:56pm

World

France to raise 2024 deficit target to 5%-5.1% of GDP

France’s finance ministry will raise its deficit target for 2024 to the equivalent of 5%-5.1% of GDP on Wednesday,...

Published 10 Apr, 2024 11:58am

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

Opinion

From rags to riches

Forbes has published its list of ‘World Billionaires ranking for 2024’. The much touted is the list of 200...

Published 06 Apr, 2024 05:28am

Pakistan

UN expects Pakistan’s GDP growth to clock in at 2% in 2024, improve further in 2025

Pakistan’s real GDP growth rate is expected to clock in at 2% in 2024 and inch up marginally to 2.3% in 2025, a...

Updated 05 Apr, 2024 10:10pm

Business & Finance

Philippines lowers GDP growth target range for 2024

MANILA: The Philippines lowered its growth target range for 2024 to 6.0%-7.0% from 6.5%-7.5% previously, due to...

Published 04 Apr, 2024 09:47am

Pakistan

In absence of major, sustained reforms, Pakistan to continue facing liquidity issues: World Bank

Poverty reduction projected to stall in medium term due to weak growth, low real labour incomes, and persistently high inflation, says lender in 'Pakistan Development Update'

Updated 02 Apr, 2024 11:38pm

Opinion

Quarterly GDP: no light at the end of this tunnel

The latest GDP numbers are proving that the economy cannot be decoupled from politics. Ever since political impasse...

Published 01 Apr, 2024 05:34am

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

Business & Finance

GDP posts 1pc growth in Q2FY24: NAC

ISLAMABAD: The country’s Gross Domestic Product (GDP) posted a modest growth of one percent during the 2nd quarter...

Updated 29 Mar, 2024 09:10am

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

BR Research

MPS: Stay put in March

The monetary policy meeting is on Monday, March 18, 2024 and analysts are divided on where they will be, some...

Updated 15 Mar, 2024 04:58pm

Opinion

‘Large and long’?

Not much of what new finance minister, Muhammad Aurangzeb, said in his first official media interaction was new –...

Published 14 Mar, 2024 03:00am

Business & Finance

Japan Q4 GDP revised up to slight expansion, economy avoids recession

TOKYO: Japan’s economy avoided a technical recession, revised government GDP data showed on Monday, even though the...

Published 11 Mar, 2024 09:41am

Business & Finance

Saudi Q4 GDP shrinks 4.3% y/y, official data show

RIYADH: Saudi Arabia’s real gross domestic product (GDP) contracted by 4.3% in the fourth quarter, government data...

Published 10 Mar, 2024 12:51pm

Supplements

Fatima Fertilizer striving towards gender inclusivity in agriculture

Throughout the world, women are playing vital roles across various sectors, including agriculture. Particularly in...

Published 09 Mar, 2024 04:59am

Business & Finance

France’s 2023 budget deficit to ‘significantly’ miss 4.9% target, Le Maire says

PARIS: France will miss its target of reducing the 2023 budget deficit to the equivalent to 4.9% of its gross...

Published 06 Mar, 2024 02:05pm

Editorials

Self-assessment of performance

EDITORIAL: The Caretaker cabinet expressed satisfaction at the steps taken during its tenure that was 14 weeks more...

Published 05 Mar, 2024 03:09am

BR Research

Fiscal update: H1-FY24

The Finance ministry has released its Monthly Economic Update, which gives a snapshot of the performance of the...

Updated 01 Mar, 2024 11:06am

Business & Finance

Turkiye GDP grew 4.5% in 2023 on strong demand; slowdown coming

ISTANBUL: Turkiye economy grew 4.5% last year and 4.0% in the fourth quarter, data showed on Thursday, beating...

Published 29 Feb, 2024 01:48pm

Opinion

FDI: challenges and the way forward

An essential component of a robust and open economic system, Foreign Direct Investment (FDI) serves as a crucial...

Published 26 Feb, 2024 05:07am

Business & Finance

Thai Q4 GDP quarterly contraction firms case for rate cut

BANGKOK: Thailand’s economy unexpectedly contracted in the fourth quarter of 2023 from the third, adding to pressure...

Published 19 Feb, 2024 10:56am

Business & Finance

No change to Japan 2023 growth forecast despite weak GDP: IMF

WASHINGTON: The International Monetary Fund said on Thursday its 2023 economic growth forecast for Japan remained...

Published 16 Feb, 2024 10:35am

Business & Finance

Easy house financing urged for middle-income groups

Karachi: Builders and developers have urged the upcoming government and the State Bank of Pakistan (SBP) to ...

Published 16 Feb, 2024 06:02am

Markets

Dollar pauses as traders digest Fed comments; yen steady despite GDP surprise

TOKYO: The US dollar held below a three-month high on Thursday, as market players tried to gauge when the Federal...

Published 15 Feb, 2024 09:46am

World

IMF's Georgieva says she's confident on global economic outlook despite uncertainties

DUBAI: The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said on Sunday she was...

Updated 11 Feb, 2024 02:08pm

Business & Finance

India’s central bank leaves rates unchanged, sees GDP growth at 7% in 2024-25

MUMBAI: India’s key rate was left unchanged for a sixth straight meeting on Thursday, in line with expectations, as...

Published 08 Feb, 2024 10:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Cotton US¢/pound / Apr 19	80.67
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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