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gdp

Fraught present, unknown future

EDITORIAL: The country is fast approaching a point of no return. If the economy is forced upon a default on its...

Updated 20 Jan, 2023 02:33pm

Exports should be enhanced to $100bn per annum: govt

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal on Thursday while stressing the need to ...

Updated 20 Jan, 2023 08:47am

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

Business & Finance

Pasha warns of stagflation this year

LAHORE: Noted economist and former finance minister Dr Hafiz Pasha has warned that Pakistan inflation can skyrocket...

Published 18 Jan, 2023 06:22am

CPEC second phase instrumental in achieving SDGs: govt

ISLAMABAD: Minister of State for Finance Dr Aisha Ghaus Pasha has stated that the second phase of the China-Pakistan...

Updated 18 Jan, 2023 08:50am

Opinion

GDP growth in 2022-23

The World Bank has revised its projection downwards of the GDP growth rate of the economy of Pakistan in 2022-23 ...

Published 17 Jan, 2023 06:02am

Editorials

Know thy economy

EDITORIAL: The government of Pakistan’s comparative data revealed under the title “Know Your Economy” in the...

Published 16 Jan, 2023 06:38am

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

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

Opinion

Managing sovereign default

Nations can and do periodically default on their sovereign debt, despite the fact that they do so comparatively...

Updated 13 Jan, 2023 07:41am

World

UK, Japan to sign major defence deal allowing troop deployments

LONDON: The British and Japanese prime ministers will sign a “hugely significant” new defence deal allowing UK...

Published 11 Jan, 2023 11:48am

World Bank projects 2pc growth

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth rate at two percent in the fiscal year 2022-23, half...

Published 11 Jan, 2023 05:53am

Business & Finance

FBR sees Rs1289bn tax gap for 2022

ISLAMABAD: The Federal Board of Revenue (FBR) has worked out overall tax gap of Rs1,289 billion during 2022, which...

Published 10 Jan, 2023 06:28am

SBP seeks feeder-wise data of power consumers

ISLAMABAD: State Bank of Pakistan (SBP) has sought feeder-wise data of electricity consumers to be used to project...

Updated 10 Jan, 2023 09:03am

BR Research

Why banks don’t lend

There is a declining trend in the banking sector’s returns on equity as banks are not lending to the private sector....

Published 09 Jan, 2023 08:36am

Opinion

How to deal with Pakistan’s forthcoming currency crisis

“There are no solutions. There are only trade-offs.” ? Thomas Sowell Nomura has warned that Pakistan faces currency...

Published 07 Jan, 2023 06:00am

Economic challenges: Dar has failed to provide any roadmap: Tarin

ISLAMABAD: Finance Minister Ishaq Dar’s press conference on 4th January 2023 is an attempt to divert attention away...

Updated 07 Jan, 2023 08:47am

Economy: EAG underscores need for reforms

ISLAMABAD: The Economic Advisory Group (EAG) has called for necessary reforms to transform Pakistan into a globally...

Updated 07 Jan, 2023 08:48am

Business & Finance

India govt forecasts slower economic growth in year to March

NEW DELHI: India’s government expects economic growth to slow in the financial year ending March, as...

Published 06 Jan, 2023 06:43pm

Forex reserves to be propelled by ‘friends’: Dar

PTI’s ‘White Paper’ censured

Updated 05 Jan, 2023 08:58am

World

Citi cuts India current account deficit forecast to below 3% of GDP

MUMBAI: Citigroup lowered its projection for India’s current account deficit (CAD) to 2.9% of gross domestic product...

Published 04 Jan, 2023 05:39pm

World

Biden to receive Japan’s PM Kishida on Jan. 13: White House

WASHINGTON: US President Joe Biden will host Japan’s Prime Minister Fumio Kishida on January 13, the White House...

Published 04 Jan, 2023 11:59am

World

Omani leader okays deficit budget for 2023

CAIRO: Oman’s Sultan ratified a 2023 budget with a deficit of 1.3 billion Omani rials ($3.38 billion) or 3% of ...

Published 02 Jan, 2023 06:46am

Opinion

A sad tale indeed – I

Pakistan has been struggling ever since its emergence on the world map to achieve political and economic stability,...

Published 31 Dec, 2022 06:28am

Jul-Oct: Fiscal deficit rises 1.5pc of GDP to Rs1.266trn YoY

ISLAMABAD: Overall, the fiscal deficit has increased to 1.5 percent of GDP (Rs1,266 billion) during July-October...

Updated 31 Dec, 2022 08:50am

Opinion

Geo-dynamics – 2023

At the start of 2023, the catch words are flux, realignment, reset, new world order, pivot, tilt. I am no...

Updated 30 Dec, 2022 06:40am

Opinion

Energy sector reforms — I

My previous op-ed, summed up Pakistan’s gas supply position vis-à-vis the current demand, prevailing geo-political...

Published 29 Dec, 2022 05:59am

Dar addresses ebbing investor confidence

KARACHI/ISLAMABAD: Finance Minister Ishaq Dar Wednesday assured the investors that Pakistan won’t default, adding...

Updated 29 Dec, 2022 08:45am

Opinion

Caution: not make privatisation appear better than it is

Privatisation has kept its relevance as a policy option in this country to this day – as a means to not only cut...

Published 26 Dec, 2022 05:48am

Opinion

Economic pain: an illusion of choice

Pakistan is facing an illusion of false choices in managing its ongoing economic crisis. It can either return to the...

Published 26 Dec, 2022 05:48am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / Jun 7 HBL Investment Fund(HIFA)	1.60 ▲ 0.20 (14.29%)
Reliance Ins. / Jun 7 Reliance Insurance Company Limited(RICL)	8.27 ▲ 1.00 (13.76%)
Pak Gulf Leasing / Jun 7 Pak-Gulf Leasing Company Limited(PGLC)	7.39 ▲ 0.89 (13.69%)
HBL Growth Fund / Jun 7 HBL Growth Fund(HGFA)	4.15 ▲ 0.40 (10.67%)
Bilal Fibres / Jun 7 Bilal Fibres Limited(BILF)	2.44 ▲ 0.20 (8.93%)
Ist.Capital Sec / Jun 7 First Capital Securities Corporation(FCSC)	1 ▲ 0.08 (8.70%)
Dandot Cement / Jun 7 Dandot Cement Company Limited(DNCC)	9.39 ▲ 0.75 (8.68%)
P.I.A.C.(A) / Jun 7 Pakistan International Airlines Corp(PIAA)	3.73 ▲ 0.27 (7.80%)
Ahmad Hassan / Jun 7 Ahmad Hassan Textile Mills Limited(AHTM)	51.60 ▲ 3.60 (7.50%)
Ghani Value Glas / Jun 7 Ghani Value Glass Limited(GVGL)	65.39 ▲ 4.56 (7.50%)

Stock	Price
Sec. Inv. Bank / Jun 7 Security Investment Bank Limited(SIBL)	3.05 ▼ -0.94 (-23.56%)
Tri-Star Mutual / Jun 7 Tri-Star Mutual Fund Limited(TSMF)	3 ▼ -0.60 (-16.67%)
SME Leasing Ltd / Jun 7 SME Leasing Limited(SLL)	1.73 ▼ -0.26 (-13.07%)
Bank of Khyber / Jun 7 The Bank of Khyber(BOK)	11.75 ▼ -1.00 (-7.84%)
Ellcot Spinning / Jun 7 Ellcot Spinning Mills Limited(ELSM)	105.43 ▼ -8.55 (-7.50%)
Crescent Cotton / Jun 7 Crescent Cotton Mills Limited(CCM)	32.38 ▼ -2.62 (-7.49%)
Reliance Weaving / Jun 7 Reliance Weaving Mills Limited(REWM)	84.18 ▼ -6.82 (-7.49%)
Ashfaq Textile / Jun 7 Ashfaq Textile Mills Limited(ASHT)	7.06 ▼ -0.55 (-7.23%)
Pakistan Cables / Jun 7 Pakistan Cables Limited(PCAL)	92.82 ▼ -7.12 (-7.12%)
Gillette Pak / Jun 7 Gillette Pakistan Limited(GLPL)	110 ▼ -7.90 (-6.70%)

Stock	Volume
WorldCall Telecom / Jun 7 Worldcall Telecom Limited(WTL)	24,434,530 ▲ 0.00
Pak Refinery / Jun 7 Pakistan Refinery Limited(PRL)	20,516,561 ▲ 0.81
Cnergyico PK / Jun 7 Cnergyico PK Limited(CNERGY)	15,490,079 ▲ 0.16
Pak Petroleum / Jun 7 Pakistan Petroleum Limited(PPL)	10,780,480 ▼ -0.50
Pak Elektron / Jun 7 Pak Elektron Limited(PAEL)	9,829,910 ▲ 0.43
Sui North Gas / Jun 7 Sui Northern Gas Pipelines Limited(SNGP)	9,750,118 ▼ -0.70
Oil & Gas Dev. / Jun 7 Oil & Gas Development Company Limited(OGDC)	8,971,203 ▼ -0.25
Mod. Al-Mali (R) / Jun 7 Modaraba Al-Mali R(MODAMR1)	7,359,500 ▲ 0.00
Maple Leaf Cement / Jun 7 Maple Leaf Cement Factory Limited(MLCF)	7,232,895 ▲ 0.01
P.S.O. / Jun 7 Pakistan State Oil Company Limited(PSO)	6,844,695 ▲ 5.72

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	286.57
USD PKR Interbank Buying / Jun 6	286.37
USD to Japanese Yen / Jun 6	139.49
USD to Swiss Franc / Jun 6	0.90
Pound Sterling to USD / Jun 6	1.24
Euro to USD / Jun 6	1.07
UK LIBOR % / Jun 5	5.07

Stock	Volume
S&P 500 / Jun 5	4273.79
Nasdaq / Jun 5	13229.43
Dow Jones / Jun 5	33562.86
India Sensex / Jun 6	62638.57
Tokyo Nikkei / Jun 6	32470.90
Hang Seng / Jun 6	19189.58
FTSE 100 / Jun 6	7591.19
Germany DAX 30 / Jun 6	15958.06
France CAC40 / Jun 6	7199.34

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 5	20235
Gold 10 Grams PKR / Jun 5	197531
Crude Oil USD/Barrel / Jun 6	71.71
Gold Spot USD/Ounce / Jun 6	1958.23
Cotton US¢/pound / Jun 6	81.97

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