Trends - GDP growth - Business Recorder

GDP growth

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

BR Research

GDP growth – real or a mirage?

The estimated GDP growth at 3.94 percent for FY21 has surprised many. There is no reason to not believe that perhaps...

Updated 03 Jun, 2021 09:53am

Pakistan

Remarkable GDP growth rate dazes opposition: Farrukh

He was of the view that the Sindh government should stop getting credit for the projects launched by donor organizations including World Bank and Asian Development Bank.

Published 23 May, 2021 07:07pm

Pakistan

Govt to provide special relief to salaried class in budget: Sheikh Rasheed

He said that despite the epidemic and unfavorable international economic conditions, the 4 percent GDP growth rate was a testament to the extraordinary performance of Prime Minister and his economic team.

Published 23 May, 2021 06:59pm

Business & Finance

UK economy picks up speed on lockdown exit

LONDON: Britain’s economic recovery is picking up speed in the second quarter as it gradually exits coronavirus...

Updated 23 May, 2021 10:36am

Credit profile reflects ‘baa2’ economic strength: Moody’s

ISLAMABAD: The credit profile of Pakistan (issuer rating B3) reflects the country's "baa2" economic strength, which...

Published 22 May, 2021 04:05am

Economy on course to grow nearly 4pc: Umar

ISLAMABAD: Government said on Friday that its economy is on course to grow 3.94 percent in the current financial ...

Published 22 May, 2021 04:05am

Business & Finance

3.94pc of GDP growth estimated during current fiscal year

ISLAMABAD: The National Accounts Committee has estimated 3.94 percent of Gross Domestic Product (GDP) during current...

Updated 22 May, 2021 02:12pm

Business & Finance

3.94pc of GDP growth estimated during current fiscal year

ISLAMABAD: The National Accounts Committee has estimated 3.94 percent of Gross Domestic Product (GDP) during current...

Updated 22 May, 2021 02:12pm

BR Research

Development spending

Contrary to the federal government’s hopes of priming the economic pump in FY21 through increased development...

Published 20 May, 2021 07:25am

Business & Finance

Japan’s economy slumps back into decline

TOKYO: Japan’s economy shrank more than expected in the first quarter as a slow vaccine rollout and new Covid-19...

Updated 20 May, 2021 09:21am

Opinion

State of provincial finances

The four provincial governments combined play an important role in the public finances of the country. They account...

Published 18 May, 2021 05:05am

Gainers
Losers
Leaders

Stock	Price
First Fidelity Leas. / Jul 5 First Fidelity Leasing Modaraba(FFLM)	3.40 ▲ 0.79 (30.27%)
Popular Islamic / Jul 5 Popular Islamic Modaraba(PIM)	8.37 ▲ 1.00 (13.57%)
Tri-Star Power / Jul 5 Tri-Star Power Limited(TSPL)	3.75 ▲ 0.40 (11.94%)
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%)
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%)
Feroze 1888 / Jul 5 Feroze1888 Mills Limited(FML)	74.64 ▲ 5.20 (7.49%)
Shahmurad Sugar / Jul 5 Shahmurad Sugar Mills Limited(SHSML)	94.38 ▲ 6.58 (7.49%)

Stock	Price
Shaheen Ins. / Jul 5 Shaheen Insurance Company Limited(SHNI)	3.00 ▲ -0.60 (-16.67%)
Pak Gen.Ins. / Jul 5 The Pakistan General Insurance Co. Ltd.(PKGI)	9.80 ▲ -0.80 (-7.55%)
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%)
Universal Network / Jul 5 Universal Network Systems Limited(GEMUNSL)	45.70 ▲ -3.70 (-7.49%)
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%)

Stock	Volume
WorldCall Telecom / Jul 5 Worldcall Telecom Limited(WTL)	4,232,500 ▼ 0.00
Maple Leaf / Jul 5 Maple Leaf Cement Factory Limited(MLCF)	3,805,394 ▼ 0.00
Pak Refinery / Jul 5 Pakistan Refinery Limited(PRL)	2,381,243 ▼ 0.00
TPL Properties / Jul 5 TPL Properties Limited(TPLP)	2,113,035 ▼ 0.00
Sui North Gas / Jul 5 Sui Northern Gas Pipelines Limited(SNGP)	2,073,111 ▼ 0.00
G3 Technologies / Jul 5 G3 Technologies Limited(GTECH)	2,003,500 ▼ 0.00
Azgard Nine / Jul 5 Azgard Nine Limited(ANL)	1,815,000 ▼ 0.00
Engro Polymer / Jul 5 Engro Polymer & Chemicals Limited(EPCL)	1,633,725 ▼ 0.00
Silk Bank Ltd / Jul 5 Silkbank Limited(SILK)	1,198,500 ▼ 0.00
Telecard Limited / Jul 5 Telecard Limited(TELE)	1,170,000 ▼ 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

Most Popular Articles