Trends - GDP growth - Business Recorder

GDP growth

Stabilisation and growth without much reforms – I

In the latest interaction with the public, Prime Minister Imran Khan highlighted that the country’s economy had...

Published 04 Jun, 2021 05:06am

2nd quarterly report unveiled: Economy picking up; three areas need vigilance: SBP

KARACHI: The State Bank of Pakistan (SBP) Thursday said Pakistan’s macroeconomic outlook for the current fiscal...

Published 04 Jun, 2021 05:06am

Opinion

PARTLY FACETIOUS: Nearly 4pc GDP growth no joke

“So why in the world doesn’t the opposition put up or shut up? A 3.94 percent growth rate during a pandemic year...

Published 03 Jun, 2021 04:13am

Opinion

Growthmania, again

There is an old Sindhi saying to the effect, loosely, that: When God is displeased, he turns the mind, he wields no...

Published 03 Jun, 2021 04:13am

Markets

May POL sales up 14pc YoY

KARACHI: Total petroleum and lubricant sales clocked-in at 1.69 million tons in May 2021, depicting an increase of ...

Published 03 Jun, 2021 04:13am

Economy out of the woods now: PM

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

Published 02 Jun, 2021 04:29am

Business & Finance

Brazil economy returns to pre-pandemic level with strong Q1

RIO DE JANEIRO: Brazil’s economy, the largest in Latin America, returned to its pre-pandemic level with...

Published 02 Jun, 2021 04:29am

Business & Finance

Canadian economic recovery hits snag in April

OTTAWA: Canada’s economy likely contracted in April, the first decline in a year, due to widespread lockdowns amid...

Published 02 Jun, 2021 04:29am

Opinion

How to revive economy?

Pakistan’s economy is currently facing multi-dimensional economic challenges that include slower economic growth,...

Published 01 Jun, 2021 04:59am

Business & Finance

OECD sees higher world GDP growth but fears 'headwinds'

PARIS: The OECD raised its 2021 global GDP growth forecast Monday, but warned that "too many headwinds persist" as...

Published 01 Jun, 2021 04:59am

Business & Finance

OECD sees higher world GDP growth but fears 'headwinds'

The world economy will expand by 5.8 percent this year, the highest since 1973 and up from a previous estimate of 5.6 percent.

Published 31 May, 2021 05:46pm

Opinion

GDP growth rate in 2019-20: The impact of Covid-19

The recent announcement by the National Accounts Committee of the growth rates of GDP for the year 2020/21 of just...

Published 31 May, 2021 03:12am

Opinion

The growth rate controversy

Pakistan Bureau of Statistics (PBS) has claimed Gross Domestic Product (GDP) growth rate of 3.94 percent in the...

Published 31 May, 2021 03:12am

Business & Finance

ICAP projects budget deficit to 7.52pc of GDP

KARACHI: Institute of Chartered Accountants of Pakistan (ICAP) is projecting the budget deficit to 7.52 percent of...

Published 31 May, 2021 03:12am

Business & Finance

Economic reforms to be backed by political will, assures Tarin

Finance minister says political apparatus involved in reforms agenda
Tarin's remarks come during a webinar organised by IPR

Updated 30 May, 2021 03:58pm

Investment in agri sector to help govt achieve 4.8pc GDP growth: Umar

Federal Minister for Planning and Development Asad Umar says the government has envisaged 4.8 GDP growth in the next fiscal year

Updated 29 May, 2021 02:01pm

Smart lockdown policy helped achieve 3.94pc GDP growth: SAPM

LAHORE: Special Assistant to Prime Minister on Revenue Dr Waqar Masood has said that the smart lockdown policy of ...

Published 29 May, 2021 03:59am

Markets

Record PSX business termed vindication of govt’s policies

ISLAMABAD: The Minister of State for Information and Broadcasting, Farrukh Habib on Thursday said international...

Published 28 May, 2021 04:08am

IMF supportive of govt’s approach to food inflation?

ISLAMABAD: The government said on Thursday that the GDP growth target has been increased to five percent in the...

Published 28 May, 2021 04:08am

Opinion

If not now, when? Covid-19 spurs global push to tackle wealth gap

Governments worldwide, facing strong evidence that fallout from Covid-19 has widened wealth gaps as well as wrecking...

Published 27 May, 2021 03:40am

Jul-Apr CA stays in surplus

KARACHI: The country’s current account remained in surplus during the first 10 months of this fiscal year ...

Published 26 May, 2021 03:45am

Q4FY21 numbers will be ‘even greater’: govt

ISLAMABAD: The government said on Tuesday that the economic numbers of the fourth quarter of the current fiscal year...

Published 26 May, 2021 03:45am

Pakistan

GDP growth rate based on authentic data: Asad Umar

Asad Umar said the construction sector had boosted the services sector as the sale of cement had increased by 70 percent.

Published 25 May, 2021 07:09pm

Markets

Barclays cuts FY 2021-22 growth forecast for India by 80 bps to 9.2%

Still, India recorded 196,427 new coronavirus cases on Tuesday, its lowest daily rise in infections since April 14.

Published 25 May, 2021 12:27pm

BR Research

Crop output: pinch of salt?

It is said that temptation became the undoing of Man in the garden of Eden. The controversy surrounding the GDP...

Published 25 May, 2021 07:30am

World

US home prices to keep racing ahead

BENGALURU: US house prices will continue to race ahead this year, at nearly twice the pace predicted just three...

Published 25 May, 2021 04:40am

Opinion

Budgetary targets for 2021-22

The Federal budget for 2021-22 is currently under preparations. The date for presentation to the National assembly...

Published 25 May, 2021 04:40am

Business & Finance

SBP’s policy actions boosted external, fiscal fundamentals: Baqir

KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir Monday said that decisive policy actions taken by the...

Published 25 May, 2021 04:40am

Markets

Brazil central bank to raise 2021 GDP growth forecast towards 4pc

Campos Neto also said he anticipates a huge acceleration in Brazil's COVID-19 vaccination program in June.

Updated 24 May, 2021 11:04pm

Business & Finance

GDP growth expected to rise 3.94pc as post-Covid recovery strengthens: SBP

“This rebound was fueled by a well-calibrated policy response,” said SBP.
SBP said that it provided a targeted economic stimulus of Rs2 trillion to support the recovery through interest rate cut, principal deferment & loan restructuring, Rozgar payroll finance scheme to prevent layoffs, and concessional finance for investment in industry and health facilities.

Published 24 May, 2021 01:59pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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