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gdp

Energy sector reforms – II: low-hanging fruit rotting

Building on previous op-eds, we are aware of Pakistan’s energy sector challenges and measures requiring execution in...

Published 25 Jan, 2023 06:25am

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

Policy rate hiked to 17pc to rein in soaring inflation

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday increased the key policy ...

Updated 24 Jan, 2023 09:05am

Opinion

Debt, inequality and austerity

‘In most western countries, inequality is rising, and social mobility has stalled. Our citizens are losing...

Published 20 Jan, 2023 06:44am

Opinion

Wheat crisis

Agrarian economy of Pakistan employs a large workforce and considered vital from a social, livelihood and foreign...

Published 20 Jan, 2023 06:35am

Editorials

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

Gainers
Losers
Leaders

Stock	Price
Aisha Steel(ConPS) / Sep 21 Aisha Steel(ConPS)(ASLPS)	10.17 ▲ 1.00 (10.91%)
First Elite Cap.Mod / Sep 21 First Elite Capital Modaraba(FECM)	3.20 ▲ 0.30 (10.34%)
HBL Invest Fund / Sep 21 HBL Investment Fund(HIFA)	1.65 ▲ 0.14 (9.27%)
Power Cem(Pref) / Sep 21 Power Cement (Pref)(POWERPS)	6 ▲ 0.50 (9.09%)
Symmetry Group / Sep 21 Symmetry Group Limited(SYM)	3.87 ▲ 0.29 (8.10%)
Pak Paper Prod / Sep 21 Pakistan Paper Products Limited(PPP)	44.53 ▲ 3.11 (7.51%)
Arpak Int. / Sep 21 Arpak International Investments Ltd.(ARPAK)	64.50 ▲ 4.50 (7.50%)
Pak Hotels / Sep 21 Pakistan Hotels Developers Limited(PHDL)	190.41 ▲ 13.28 (7.50%)
P.N.S.C / Sep 21 Pakistan National Shipping Corporation(PNSC)	159.67 ▲ 11.14 (7.50%)
Premium Textile / Sep 21 Premium Textile Mills Limited(PRET)	406.46 ▲ 28.36 (7.50%)

Stock	Price
The Searle Co. (R) / Sep 21 The Searle Company Limited (R)(SEARLR2)	0.13 ▼ -0.12 (-48.00%)
Trust Mod. / Sep 21 Trust Modaraba(TRSM)	1.25 ▼ -0.18 (-12.59%)
Jubilee Spinning / Sep 21 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.70 ▼ -0.60 (-11.32%)
Redco Textile / Sep 21 Redco Textiles Limited(REDCO)	5.65 ▼ -0.62 (-9.89%)
Equity Modaraba / Sep 21 First Equity Modaraba(FEM)	3 ▼ -0.30 (-9.09%)
AKD Hospitality / Sep 21 AKD Hospitality Limited(AKDHL)	126.37 ▼ -10.25 (-7.50%)
Dadex Eternit / Sep 21 Dadex Eternit Limited(DADX)	36.76 ▼ -2.98 (-7.50%)
JS Global Cap. / Sep 21 JS Global Capital Limited(JSGCL)	149.05 ▼ -12.08 (-7.50%)
Gammon Pak / Sep 21 Gammon Pakistan Limited(GAMON)	6.45 ▼ -0.37 (-5.43%)
Unilever Foods / Sep 21 Unilever Pakistan Foods Limited(UPFL)	20100 ▼ -1155.00 (-5.43%)

Stock	Volume
The Searle Co. (R) / Sep 21 The Searle Company Limited (R)(SEARLR2)	24,002,721 ▼ -0.12
Treet Corp / Sep 21 Treet Corporation Limited(TREET)	17,803,918 ▼ -0.08
Maple Leaf Cement / Sep 21 Maple Leaf Cement Factory Limited(MLCF)	15,196,347 ▲ 1.55
WorldCall Telecom / Sep 21 Worldcall Telecom Limited(WTL)	7,596,263 ▲ 0.01
Bankislami Pak. / Sep 21 BankIslami Pakistan Limited(BIPL)	6,775,527 ▲ 0.72
Unity Foods Ltd / Sep 21 Unity Foods Limited(UNITY)	6,691,541 ▲ 1.22
Pak Petroleum / Sep 21 Pakistan Petroleum Limited(PPL)	6,149,595 ▲ 0.90
TRG Pak Ltd / Sep 21 TRG Pakistan Limited(TRG)	5,004,040 ▲ 1.05
Symmetry Group / Sep 21 Symmetry Group Limited(SYM)	4,581,000 ▲ 0.29
TPL Properties / Sep 21 TPL Properties Limited(TPLP)	4,030,395 ▲ 0.10

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 21	293.25
USD PKR Interbank Buying / Sep 21	292.75
USD to Japanese Yen / Sep 21	148.37
USD to Swiss Franc / Sep 21	0.90
Pound Sterling to USD / Sep 21	1.23
Euro to USD / Sep 21	1.06
UK LIBOR % / Sep 20	5.44

Stock	Volume
S&P 500 / Sep 20	4402.20
Nasdaq / Sep 20	13469.13
Dow Jones / Sep 20	34440.88
India Sensex / Sep 21	66272.85
Tokyo Nikkei / Sep 21	32607.84
Hang Seng / Sep 21	17627.95
FTSE 100 / Sep 21	7702.61
Germany DAX 30 / Sep 21	15683.40
France CAC40 / Sep 21	7263.53

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 20	19235
Gold 10 Grams PKR / Sep 20	186820
Crude Oil USD/Barrel / Sep 21	90.28
Gold Spot USD/Ounce / Sep 21	1928.43
Cotton US¢/pound / Sep 21	86.84

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