FBR, IMF & revenue targets The federal budget for fiscal year (FY) 2022-23 assigned an ambitious target of Rs. 7.470trillion to the Federal... Published 10 Feb, 2023 03:56am
Editorials The only way forward EDITORIAL: Credible media reports, local as well as international, indicate that there is a massive disconnect... Published 09 Feb, 2023 06:02am
Business & Finance Earthquakes to disrupt Turkiye growth, stretch budget as Erdogan heads to elections ANKARA: Massive earthquakes in Turkiye will add billions of dollars of spending to Ankara’s budget and cut economic... Published 08 Feb, 2023 03:00pm
Business & Finance US trade deficit widens in 2022 WASHINGTON: The US trade gap widened to a record in 2022, though expanding less than expected in December, ... Published 08 Feb, 2023 06:10am
Business & Finance Saudi non-oil private sector activity jumps in January on higher output, orders DUBAI: Growth in Saudi Arabia's non-oil business activity accelerated in January, having hit a three-month low the... Updated 05 Feb, 2023 05:36pm
Print WB board to consider $78m ‘digital economy’ project next month ISLAMABAD: The World Bank’s Board of Executive Directors will consider the “Pakistan: Digital Economy Enhancement... Updated 05 Feb, 2023 09:15am
Print IMF revises Pakistan’s GDP growth projections downward Brings it down to 2% for 2023 in World Economic Outlook Update Updated 01 Feb, 2023 01:26pm
Markets RBI to hike repo rate by 25 bps in Feb, ending tightening cycle BENGALURU: The Reserve Bank of India is expected to raise its main interest rate by a modest 25 basis points to... Published 30 Jan, 2023 10:36am
Business & Finance US economy grows strongly in fourth quarter WASHINGTON: The US economy maintained a strong pace of growth in the fourth quarter as consumers boosted spending on... Published 30 Jan, 2023 05:56am
Print Dar challenges financial figures presented by IK ISLAMABAD: Finance Minister Ishaq Dar has accused former prime minister Imran Khan of presenting inaccurate economic... Updated 28 Jan, 2023 08:44am
Markets Philippine peso steady after GDP data, Asian FX firms on weaker dollar The Philippine peso inched higher on Thursday, keeping those gains after data showed faster-than-forecast economic... Published 26 Jan, 2023 11:33am
Opinion Misplaced mercantilism and the case for domestic markets We are being told that the economy of Pakistan is in absolute free fall. Allegedly, the dominos of economic doom are... Updated 25 Jan, 2023 06:46am
Business & Finance Gulf economies to slow this year on sluggish oil demand BENGALURU: Economies in the six-member Gulf Cooperation Council (GCC) will grow this year at half the rate of 2022... Published 24 Jan, 2023 12:19pm
Business & Finance India may peg nominal GDP growth at about 11% in 2023/24 budget India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the annual budget next week,... Published 24 Jan, 2023 10:54am
Opinion Beyond aid pledges: time for long-term reforms Pakistan is currently in economic turmoil, with widespread speculation of a de facto sovereign default. Even though... Updated 24 Jan, 2023 06:43am
Opinion GDP growth in 2022-23 — II The previous article by this writer had presented the estimate of the GDP growth rate in 2022-23 as negative 1% from... Updated 26 Jan, 2023 12:50am
Business & Finance Tarin sees negative GDP growth in LSM, agri, other sectors LAHORE: Former federal finance minister and PTI Senator Shaukat Tarin has predicted that Pakistan would register a... Updated 20 Jan, 2023 08:50am
Pakistan Kitchen gardening, in-house farming vital to ensuring food security: FWCCI FAISALABAD: Kitchen gardening, in-house farming and commercial farming are imperative to overcome the looming food... Published 17 Jan, 2023 06:02am
Pakistan Average productivity growth in country quite low: study ISLAMABAD: Productivity is the measure of how efficiently inputs, such as labour and capital, are used to produce... Published 16 Jan, 2023 06:18am
Business & Finance India to speed up deficit reduction as fiscal target looms NEW DELHI/MUMBAI: India is preparing a stepped-up deficit reduction plan in its annual budget due out next month, ... Published 16 Jan, 2023 06:18am
Business & Finance China's 2022 growth seen as its lowest in 40 years BEIJING: China's economic growth for 2022 is expected to have been among its weakest in four decades after the twin... Published 15 Jan, 2023 11:59am
Business & Finance German economy weathering hard winter but risks loom BERLIN: The surge in energy prices that followed Russia’s invasion of Ukraine has pushed Germany to the brink of a... Published 13 Jan, 2023 01:49pm
Business & Finance UK economy unexpectedly grows 0.1% in November: ONS LONDON: Britain’s economy unexpectedly eked out some modest growth in November, reducing the chance that figures... Published 13 Jan, 2023 12:48pm
Business & Finance Economist sees GDP growth in negative arena ISLAMABAD: All economic indications of the first six months of the current year suggest that Pakistan’s GDP growth... Published 13 Jan, 2023 07:07am
Print Crisis of shortage of raw material in industries intensifies KARACHI: The crisis of shortage of raw materials has further intensified in industries across the country due to... Updated 13 Jan, 2023 08:51am
Opinion Power distribution sector’s performance – I Circular debt and privatisation of power distribution companies are under active discussion these days in the... Published 12 Jan, 2023 06:10am
Opinion ‘A sad tale indeed’ This is apropos a Business Recorder op-ed “A sad tale indeed – II” carried by the newspaper on Saturday. In ... Published 10 Jan, 2023 06:00am
Markets Pakistan to witness economic contraction in FY23: Ismail Iqbal Securities Brokerage house report projects industrial growth to come at a negative 4% in FY23 Updated 03 Jan, 2023 08:15pm
World Russia revises up 2021 GDP growth estimate from 4.7pc to 5.6pc MOSCOW: Russia’s federal statistics agency on Friday revised up its estimate for economic growth in 2021 from 4.7%... Published 02 Jan, 2023 06:43am
World India’s jobless rate rises to 16-month high of 8.30% in Dec NEW DELHI: India’s unemployment rate rose to 8.30% in December, the highest in 16 months, from 8.00% in the previous... Published 01 Jan, 2023 12:20pm