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gdp

Lack of prudent macroeconomic policies

“The curious task of economics is to demonstrate to men how little they really know about what they imagine they...

Published 14 Dec, 2022 05:57am

ADB describes energy plan as ‘less than effective, efficient’

ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated “Pakistan:...

Updated 14 Dec, 2022 09:53am

PM rejects default speculations with much vehemence

Says government has taken much needed measures to save Pakistan from default

Updated 13 Dec, 2022 09:43am

Govt expects multibillion-dollar support from KSA

ISLAMABAD: Finance Minister Ishaq Dar said on Monday that total payable till June on account of external account is...

Updated 13 Dec, 2022 09:37am

World

German govt deficit to hit 4.5pc in 2023

BERLIN: The German government’s public deficit will be significantly higher in 2023 than previously thought,...

Published 12 Dec, 2022 07:34am

Pakistan

China achieved over 10-fold rise in GDP in last four decades: speakers

KARACHI: China has tremendously improved the living standard of its people during last three decades and alleviated...

Published 11 Dec, 2022 04:02am

Supplements

38th SAARC CHARTER: Irfan Iqbal Sheikh President, FPCCI

TEXT: On the commemoration of 38th SAARC Charter Day, I would like to extend my heartiest felicitation and greetings...

Published 09 Dec, 2022 06:59am

Opinion

‘Beneficial Owner’

“Beneficial owner refers to the natural person(s) who ultimately owns or controls a customer and/or the natural...

Updated 09 Dec, 2022 06:36am

Business & Finance

Smartphone adoption only 57pc in Pakistan: Jazz CCO

ISLAMABAD: The smartphone adoption in Pakistan is only 57 percent, which means that over 40 percent of cellular...

Published 08 Dec, 2022 07:31am

Business & Finance

Pakistan projected to be sixth-largest economy by 2075

KARACHI: A research paper published by Goldman Sachs on Tuesday projected Pakistan to be the sixth largest economy ...

Published 08 Dec, 2022 06:47am

Markets

India foodgrain subsidy bill to surge 30pc to $33bn

NEW DELHI: India’s spending on subsidised foodgrain to the poor may rise to 2.7 trillion rupees ($32.74 billion)...

Published 08 Dec, 2022 05:58am

Business & Finance

Housing sector: SHE announces investing $50m in 3 years

ISLAMABAD: The Sustainable Housing Ecosystems (SHE), a joint consortium between Altair, AMC and Trellis on Wednesday...

Updated 08 Dec, 2022 09:10am

Business & Finance

Globalisation versus regionalism: Proximity advantage could cut cost of trade: ex-BoI chief

ISLAMABAD: Former chairman of Board of Investment (BoI), Haroon Sharif Monday while shedding light on major...

Published 06 Dec, 2022 05:58am

Business & Finance

Smeda, APTMA agree to set up 1,000 stitching units to increase exports

LAHORE: The Small & Medium Enterprises Authority (Smeda) and the All Pakistan Textile Mills Association (APTMA)...

Published 02 Dec, 2022 05:47am

Opinion

Lack of financial prudence

This is apropos a Business Recorder op-ed “Waiting for ‘manna from heaven’” carried by the newspaper...

Updated 01 Dec, 2022 06:25am

Business & Finance

November CPI likely to decline marginally

ISLAMABAD: Pakistan’s November CPI is expected to decline marginally and may remain in the range of 23 percent to...

Updated 30 Nov, 2022 12:50pm

Business & Finance

Digitisation of country’s financial landscape highlighted

KARACHI: In the 15th episode of State Bank of Pakistan’s Podcast series, Sohail Javaad, the executive director of...

Published 23 Nov, 2022 06:58am

Editorials

Winter of discontent has arrived

EDITORIAL: Reportedly, the much-needed and important 9th review of the ongoing IMF (International Monetary Fund)...

Published 21 Nov, 2022 06:31am

Business & Finance

NA informed: $5.66bn foreign loan, aid received

ISLAMABAD: The National Assembly was informed on Friday that the total amount of foreign loans and aid received by...

Updated 19 Nov, 2022 10:15am

Q1 FY23: External debt, liabilities dip over $3bn

KARACHI: Pakistan’s external debt and liabilities fell over $3 billion during the first quarter (Jul-Sep) of this...

Updated 17 Nov, 2022 09:18am

FBR chairman tells NA body: ‘So far, no mini-budget is under consideration’

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad, Monday, said that so far the FBR is not considering...

Updated 16 Nov, 2022 10:16am

IMF urges G20 leaders to ‘allow trade to do its job’

NUSA DUA, (Indonesia): International Monetary Fund Managing Director Kristalina Georgieva warned G20 leaders on...

Updated 16 Nov, 2022 10:18am

Staff-level mission date not finalised: IMF wants required adjustments

Political situation is also one of the factors behind delay in fielding a staff-level mission by the IMF

Updated 16 Nov, 2022 11:17am

Opinion

Unrealistic budget of 2022-23

The budget of 2022-23 has been framed with agreement of the IMF (International Monetary Fund) as part of the ongoing...

Published 15 Nov, 2022 05:52am

Business & Finance

Broadening tax base: Two directorates made functional: FBR

FBR clarifies that the present policy of FBR and the Federal Government is also based on a direct tax-dominated system

Updated 13 Nov, 2022 09:43am

Opinion

Economic developments and business confidence

We have a mixed bag of economic developments. The foreign trade data for October shows encouraging signs. The ...

Published 11 Nov, 2022 05:54am

9th IMF review: Framework yet to be finalized

IMF and Finance Division have yet to agree on starting date for negotiations

Updated 11 Nov, 2022 09:27am

Technology

For higher yield, sustainability: Agri experts for adopting precision agriculture, AI technologies

ISLAMABAD: Agriculture experts have stressed the need for adopting precision agriculture and Artificial Intelligence...

Published 09 Nov, 2022 03:41am

Opinion

EU to propose more flexible spending rules

The European Commission will propose reforms to EU fiscal rules on Wednesday, hoping to strike a new balance between...

Updated 08 Nov, 2022 06:19am

Opinion

The forthcoming IMF review

The 9th review of the IMF (International Monetary Fund) Programme is due shortly. It will represent an appraisal by...

Published 08 Nov, 2022 05:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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