Trends - GDP growth - Business Recorder

GDP growth

Budget to be guided by contractionary fiscal policy: Miftah

ISLAMABAD: Finance Minister Miftah Ismail said on Tuesday that the government would unveil a progressive fiscal...

Updated 08 Jun, 2022 10:00am

Editorials

APCC data

EDITORIAL: The Working Paper for the Annual Plan Coordination Committee (APCC) meeting acknowledged that the...

Published 08 Jun, 2022 06:19am

Govt expects slowdown in FY23 growth

Updated 07 Jun, 2022 10:45am

Business & Finance

India’s March qtr GDP growth at one-year low as prices hit consumers

NEW DELHI: India’s economic growth slowed to the lowest in a year in the first three months of 2022, hit by...

Published 01 Jun, 2022 05:53am

World

India growth slows on inflation, higher oil prices

NEW DELHI: India’s growth slowed further in the first three months of 2022, the National Statistics Office said...

Published 31 May, 2022 05:33pm

Business & Finance

‘Efforts needed to save vulnerable economies from bankruptcy’

FAISALABAD: Global economy is in the grip of multidimensional problems and sustained efforts are required to avert...

Published 30 May, 2022 05:53am

Markets

Qatar central bank governor expects GDP growth of 3.5% in 2022

DOHA: Qatar’s gross domestic product (GDP) should grow 3.5% in 2022, Central Bank Governor Sheikh Bandar bin...

Published 29 May, 2022 01:03pm

MoF lists macroeconomic imbalances: Higher growth may not be sustainable

Ministry of Finance says primary contributors to increasing inflation are surge in international commodity prices and massive exchange rate depreciation

Updated 29 May, 2022 04:06pm

FBR eyes new taxation steps with a view to achieving Rs7,255bn target

ISLAMABAD: The Federal Board of Revenue (FBR) will propose new taxation measures of over Rs 300-350 billion to...

Updated 23 May, 2022 10:02am

Opinion

Withering national unity?

The industrial sector is the backbone of economic progress. It works as a major source of employment and its growth...

Published 20 May, 2022 05:42am

Pakistan

Foreign interference halted economic improvement: Asad Umar

PTI leader says elections are best way forward to resume growth, end political crisis

Updated 19 May, 2022 07:01pm

Chief economist PC Dr Zubair resigns

ISLAMABAD: Dr Muhammad Ahmed Zubair has resigned as chief economist Planning Commission but stated that he is not...

Updated 19 May, 2022 09:38am

Business & Finance

Japan 1st-quarter GDP shrank as Omicron wave hit

TOKYO: Japan’s economy shrank slightly in the first quarter of 2022, official data showed Wednesday, hit by Covid-19...

Published 18 May, 2022 09:47am

Business & Finance

UK economic growth slows in first quarter

LONDON: Britain’s economy grew at a slower pace in the first quarter compared with the final three months of last...

Published 12 May, 2022 01:07pm

Country likely to miss 3.5pc agri growth target

ISLAMABAD: The country is likely to miss the agriculture growth target of 3.5 percent set for 2021-22, after missing...

Updated 12 May, 2022 09:56am

Opinion

Burgeoning fiscal deficit

The information on fiscal operations during the first three quarters of 2021-22 has been released recently by the...

Published 10 May, 2022 05:10am

Opinion

Economy: PTI govt versus PML-N govt

The latest data released by the State Bank of Pakistan (SBP) on the balance of payments showcases the significant...

Updated 02 May, 2022 06:14am

Opinion

Daunting challenges for new govt

Pakistan at the moment is going through chronic political and economic turmoil. The most critical elements of the...

Published 29 Apr, 2022 05:43am

Opinion

Economy: govt stumbling badly

The Pakistan Democratic Movement (PDM) government is stumbling badly on managing the economy. Their first month in...

Published 29 Apr, 2022 05:43am

Business & Finance

US economy sees surprise Q1 contraction despite solid spending

WASHINGTON: The US economy shrank in the first quarter of 2022 as the Omicron variant of the coronavirus hampered...

Published 29 Apr, 2022 05:43am

World

China’s Xi urges ‘all-out’ infrastructure push to boost growth

BEIJING: China’s Xi Jinping has called for an “all-out” campaign to build infrastructure, according to state media,...

Published 27 Apr, 2022 02:19pm

Nine months: fiscal deficit stands at 4pc of GDP

ISLAMABAD: The country’s overall fiscal deficit during the first three quarters of the current fiscal year –...

Updated 27 Apr, 2022 10:44am

Opinion

Moving forward

Political uncertainty comes at a time when the macro numbers are beginning to deteriorate. This could pose serious...

Published 26 Apr, 2022 05:20am

Opinion

Pakistan: economic focus

The international financial institution — World Bank (WB) — which is an influential source of funding as well as...

Published 21 Apr, 2022 05:26am

Pakistan

Govt may try to liquidate unbudgeted circular debt to discredit PTI: Shaukat Tarin

Comments come as both PTI and PML-N leaders continue to trade barbs on state of Pakistan economy

Published 20 Apr, 2022 05:55pm

Business & Finance

WTO warns against dividing world economy over war in Ukraine

GENEVA: The WTO warned Tuesday that Russia’s war in Ukraine had darkened the prospects for world trade as it...

Published 13 Apr, 2022 06:03am

Editorials

The emergent task at hand

EDITORIAL: The state of the economy today necessitates a set of policy reversals as well as reforms on an emergent...

Published 12 Apr, 2022 05:17am

Business & Finance

Moody’s maintains ‘stable outlook’ for Pakistan’s banking sector

Expects real GDP growth of between 3% and 4% for fiscal 2022 and between 4% and 5% for fiscal 2023

Updated 11 Apr, 2022 08:04pm

World

World Bank warns of bleak economic outlook for Ukraine, region

WASHINGTON: The World Bank issued dire forecasts for Ukraine as Russia's invasion impacts both the country and its...

Published 11 Apr, 2022 01:42am

Opinion

Rising economic difficulties

At present Pakistan is facing grim crises. Regardless of the Supreme Court’s decision, the real question is ...

Published 08 Apr, 2022 05:28am

Gainers
Losers
Leaders

Stock	Price
First Fidelity Leas. / Jul 5 First Fidelity Leasing Modaraba(FFLM)	3.40 ▲ 0.79 (30.27%)
Dewan Textile / Jul 5 Dewan Textile Mills Limited(DWTM)	3.68 ▲ 0.73 (24.75%)
Ashfaq Textile / Jul 5 Ashfaq Textile Mills Limited(ASHT)	9.90 ▲ 1.00 (11.24%)
Tri-Star Power / Jul 5 Tri-Star Power Limited(TSPL)	3.70 ▲ 0.35 (10.45%)
Reliance Ins. / Jul 5 Reliance Insurance Company Limited(RICL)	7.10 ▲ 0.56 (8.56%)
AKD Hospitality / Jul 5 AKD Hospitality Limited(AKDHL)	177.04 ▲ 12.35 (7.50%)
Allawasaya Tex / Jul 5 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1639.82 ▲ 114.40 (7.50%)
Dadex Eternit / Jul 5 Dadex Eternit Limited(DADX)	83.02 ▲ 5.79 (7.50%)
Sanofi-Aventis / Jul 5 Sanofi-Aventis Pakistan Limited(SAPL)	1327.20 ▲ 92.59 (7.50%)
Crescent Steel / Jul 5 Crescent Steel & Allied Products Limited(CSAP)	46.34 ▲ 3.23 (7.49%)

Stock	Price
Shaheen Ins. / Jul 5 Shaheen Insurance Company Limited(SHNI)	3.00 ▲ -0.60 (-16.67%)
Dawood Equities / Jul 5 Dawood Equities Limited(DEL)	6.75 ▲ -0.76 (-10.12%)
Bhanero Tex. / Jul 5 Bhanero Textile Mills Limited(BHAT)	1355.13 ▲ -109.87 (-7.50%)
K.S.B.Pumps / Jul 5 KSB Pumps Company Limited(KSBP)	141.34 ▲ -11.46 (-7.50%)
Punjab Oil / Jul 5 Punjab Oil Mills Limited(POML)	172.97 ▲ -14.02 (-7.50%)
Tandlianwala Sugar / Jul 5 Tandlianwala Sugar Mills Limited(TSML)	123.95 ▲ -10.05 (-7.50%)
Zahid Jee Tex. / Jul 5 Zahidjee Textile Mills Limited(ZAHID)	24.79 ▲ -2.01 (-7.50%)
J.K.Spinning / Jul 5 J.K. Spinning Mills Limited(JKSM)	51.74 ▲ -4.19 (-7.49%)
Shams Textile / Jul 5 Shams Textile Mills Limited(STML)	43.85 ▲ -3.55 (-7.49%)
MithchellsFruit / Jul 5 Mitchells Fruit Farms Limited(MFFL)	91.20 ▲ -7.36 (-7.47%)

Stock	Volume
Maple Leaf / Jul 5 Maple Leaf Cement Factory Limited(MLCF)	6,504,361 ▼ 0.00
WorldCall Telecom / Jul 5 Worldcall Telecom Limited(WTL)	4,787,500 ▼ 0.00
Fauji Cement / Jul 5 Fauji Cement Company Limited(FCCL)	4,425,000 ▼ 0.00
Pak Refinery / Jul 5 Pakistan Refinery Limited(PRL)	3,686,547 ▼ 0.00
Lotte Chemical / Jul 5 Lotte Chemical Pakistan Limited(LOTCHEM)	3,200,012 ▼ 0.00
TPL Properties / Jul 5 TPL Properties Limited(TPLP)	3,141,158 ▼ 0.00
Cnergyico PK / Jul 5 Cnergyico PK Limited(CNERGY)	2,831,138 ▼ 0.00
Sui North Gas / Jul 5 Sui Northern Gas Pipelines Limited(SNGP)	2,733,037 ▼ 0.00
Engro Polymer / Jul 5 Engro Polymer & Chemicals Limited(EPCL)	2,233,185 ▼ 0.00
G3 Technologies / Jul 5 G3 Technologies Limited(GTECH)	2,202,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 4	205.00
USD PKR Interbank Buying / Jul 4	204.80
USD to Japanese Yen / Jul 4	135.87
USD to Swiss Franc / Jul 4	0.96
Pound Sterling to USD / Jul 4	1.29
Euro to USD / Jul 4	1.04
UK LIBOR % / Jul 4	1.57

Stock	Volume
S&P 500 / Jul 4	3825.33
India Sensex / Jul 4	53234.77
Tokyo Nikkei / Jul 4	26153.81
Nasdaq / Jul 4	11127.84
Hang Seng / Jul 4	21830.35
FTSE 100 / Jul 4	7232.65
Dow Jones / Jul 4	31097.26
Germany DAX 30 / Jul 4	12773.38
France CAC40 / Jul 4	5954.65

Item	Value
Crude Oil USD/Barrel / Jul 4	110.43
Karachi Cotton PKR/37.32 KG / Jul 4	16880.00
Gold 10 Grams PKR / Jul 4	118900.00
Gold Spot USD/Ounce / Jul 4	1809.29
Cotton US¢/pound / Jul 4	97.48

GDP growth

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