Trends - GDP growth - Business Recorder

GDP growth

Tax reforms: Aurangzeb has a difficult road ahead

Reportedly, the IMF expects FBR tax revenues to grow by over 30 percent in the upcoming fiscal year (FY25). However,...

Published 13 May, 2024 06:08am

Opinion

Counterproductive trickle-down economic effect

The critique of Western universities and certain schools of thought advocating for economic models based on the...

Published 09 May, 2024 03:11am

Business & Finance

Indonesia’s Q1 GDP growth beats forecasts, highest in three quarters

JAKARTA: Indonesia’s economy grew by 5.11% in the first quarter from a year earlier, the highest in three quarters...

Published 06 May, 2024 10:36am

Markets

Saudi Arabia’s non-oil business activity growth steady in April-PMI

DUBAI: Saudi Arabia’s non-oil business activity grew at a steady rate in April despite a slowdown in new order...

Published 05 May, 2024 01:31pm

Pakistan

Youth employment: PIDE seminar urges need of over 8pc sustainable GDP growth

ISLAMABAD: Pakistan requires a sustainable GDP growth of more than eight percent for youth employment, to reduce the...

Updated 04 May, 2024 06:32am

Editorials

Energising the SME sector

EDITORIAL: In yet another bid to encourage the growth of small and medium-sized enterprises (SMEs), the government...

Published 25 Apr, 2024 03:05am

Opinion

‘Can Pakistan do better than ADB’s predictions?’

This is apropos a letter to the Editor carried by the newspaper yesterday. The writer is spot on, so to speak. ...

Published 23 Apr, 2024 03:41am

Opinion

Can Pakistan do better than ADB’s predictions?

The Asian Development Bank’s recent outlook points to growth potential, contingent upon addressing underlying...

Published 22 Apr, 2024 04:39am

Opinion

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
Dow Jones / May 15	39908
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26
Hang Seng / May 16	19336.77
FTSE 100 / May 16	8411.75
Germany DAX 30 / May 16	18842.52

Item	Value
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

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

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

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

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