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inflation

Askari Life Assurance offers relief to its employees

KARACHI: Amidst increasing inflation, Askari Life Assurance has offered its employees salary relief. This move is a...

Published 19 Sep, 2022 06:33am

Govt clueless: Tarin

ISLAMABAD: Former finance minister and Pakistan Tehreek-e-Insaf (PTI) senior leader Shaukat Tarin has said the...

Updated 19 Sep, 2022 09:33am

PTI chief to give protest call within two weeks: Fawad

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry Saturday said party organisations across the country...

Updated 18 Sep, 2022 09:50am

Pakistan

Only a snap elections can end economic ‘catastrophe’: IK

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman and former Prime Minister Imran Khan on Thursday reiterated his...

Published 16 Sep, 2022 06:04am

Business & Finance

UK public inflation expectations at record high for coming year

LONDON: The British public expect inflation over the coming year to be 4.9%, up from 4.6% in May and the highest...

Published 15 Sep, 2022 01:54pm

Markets

Palm oil snaps 3-day rally on inflation jitters

KUALA LUMPUR: Malaysian palm oil futures closed lower on Wednesday as traders booked profits after a three-day ...

Published 15 Sep, 2022 07:20am

Opinion

No way around another recession?

This is turning out to be a sombre week for international markets as they digest the upside August inflation ...

Published 15 Sep, 2022 05:57am

Economy: PM’s pessimistic tone reflects grim view of situation

Says unprecedented floods have devastated the country

Updated 15 Sep, 2022 10:12am

Business & Finance

India’s August wholesale inflation eases as commodity prices fall

NEW DELHI: India’s wholesale price inflation slowed in August helped by a fall in commodity prices, but double-digit...

Published 14 Sep, 2022 02:02pm

Markets

Wall Street tumbles as inflation data stokes bets of large rate hikes

NEW YORK: US stock indexes fell sharply on Tuesday, snapping a four-day winning streak, after data showed monthly US...

Published 14 Sep, 2022 04:45am

Pakistan

Country close to default, claims PTI’s Hammad

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab General Secretary and former federal minister Hammad Azhar has...

Published 14 Sep, 2022 04:45am

Technology

Apple unveils new gadgets despite supply chain woes

CUPERTINO: Apple launched new smartphones Wednesday at prices similar to recent models despite inflation and supply...

Published 12 Sep, 2022 06:59am

Business & Finance

India inflation likely rose in August, snapping 3-month downtrend

BENGALURU: India’s retail inflation likely snapped a three-month downward trend in August as food prices surged, a...

Published 09 Sep, 2022 12:13pm

Business & Finance

Moody's retains India rating, says rising global challenges won't derail recovery

MUMBAI: Global challenges including the impact of the Russia-Ukraine conflict, higher inflation and tightening ...

Published 07 Sep, 2022 04:13am

Markets

Wall Street in the red as Fed worries persist

NEW YORK: Wall Street’s main indexes slipped on Tuesday as a stronger-than-expected reading on the US services...

Published 07 Sep, 2022 04:13am

Opinion

The continuing drift

The trade data for the month of August has revealed continuing challenges to macroeconomic framework. It is shocking...

Published 07 Sep, 2022 04:13am

World

India panel to review gas-pricing formula to tame inflation

NEW DELHI: India has set up a panel to review the pricing formula for locally produced gas to ensure a "fair price ...

Published 06 Sep, 2022 04:05pm

Pakistan

IMF programme revival credit positive, but challenges remain, says Moody’s

Rating agency says ongoing floods will add to inflationary pressures in Pakistan, while imports would also rise

Updated 05 Sep, 2022 09:18pm

BR Research

Petroleum: consumption fizzling out

After a sharp decline in July-22 and the start of FY23, petroleum sales in the country witnessed another month of...

Published 05 Sep, 2022 08:44am

Business & Finance

Turkey sees inflation at 65pc at 2022 end, C/A deficit at $47.3bn

ISTANBUL, Sept 4 (Reuters) - Turkey expects inflation to ease to 65% by the end of the year from nearly 80% in July,...

Published 05 Sep, 2022 07:34am

World

UK PM favourite Truss promises immediate action on energy

LONDON: British foreign minister Liz Truss said on Sunday she would set out immediate action in her first week in...

Published 05 Sep, 2022 07:30am

World

Germany’s Scholz announces 65bn euro inflation-busting package

BERLIN: Germany will spend at least 65 billion euros ($64.7 billion) on shielding customers and businesses from...

Published 04 Sep, 2022 06:39pm

Editorials

Reviving NPMC

EDITORIAL: It took the government four months of runaway inflation to realise that disbanding the National Price...

Published 04 Sep, 2022 05:44am

IMF conveniently ignores devastation wrought by floods

Report projects 3.5pc growth against the budgeted 5pc

Updated 03 Sep, 2022 09:44am

Pakistan

Average inflation in Pakistan to clock in at 19.9% in FY23, IMF expects

Global lender fears high inflation can also result in protests in the country

Updated 02 Sep, 2022 07:29pm

Pakistan

Govt increases prices of various commodities in utility stores

Passes on impact of higher cost to consumers

Published 02 Sep, 2022 04:17pm

Pakistan

Miftah warns of food insecurity as floods dent wheat, rice crops

At event in Karachi, finance minister stresses that the 'world does not want to lend to Pakistan anymore' so it is imperative to 'live within our means' to ensure sustainable, long-term growth

Updated 02 Sep, 2022 05:24pm

Markets

Fed’s job-friendly ‘soft landing’ hinges on history not repeating

Federal Reserve officials have acknowledged that the battle against inflation will be paid for with lost jobs, and...

Published 02 Sep, 2022 10:54am

BR Research

Record inflation!

Inflation is on a record-breaking spree. The headline number stood at 27.3 percent in August 2022– the highest...

Published 02 Sep, 2022 08:38am

World

Crisis-hit Sri Lanka’s inflation hits another record

COLOMBO: Crisis-hit Sri Lanka’s inflation hit an eleventh consecutive monthly record in August, official data showed...

Published 31 Aug, 2022 07:16pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 19	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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