Trends - Ishaq Dar - Business Recorder

Ishaq Dar

PARTLY FACETIOUS: The culture of reinterpreting words

“Mummyyyyyyyyyy.” “You OK? I mean whenever I am not well or in a deep doo-doo I think of my mummy…” “Oye...

Published 28 Feb, 2023 06:15am

PAOs directed to cut their budgets by 15pc: Austerity plan picks up the pace in austere times

Finance Minister Ishaq Dar chairs first meeting to review the implementation of the decisions taken on austerity

Updated 28 Feb, 2023 09:42am

Business & Finance

ADB team briefed about economic outlook

ISLAMABAD: A delegation of executive directors of the Asian Development Bank (ADB) called on Federal Minister for...

Updated 28 Feb, 2023 09:37am

Ministers, advisers and special assistants to PM: ‘Foreign visits’ cost kitty Rs70m in year

ISLAMABAD: Amid massive economic crisis and claims of austerity measures, the foreign trips of government ministers,...

Updated 28 Feb, 2023 09:34am

Pakistan

MoF says ‘stop payments’ news fake

ISLAMABAD: The Finance Ministry has rejected as completely false the rumours that government has instructed to stop...

Published 27 Feb, 2023 06:17am

Opinion

A reality-check desperately required

The damning indictment of Pakistan’s economic policies continues with the latest attack by Managing Director...

Published 27 Feb, 2023 06:17am

Pakistan

Overseas Pakistanis: Dar asks CDA authorities to fast-track execution of housing projects

ISLAMABAD: Minister for Finance and Revenue Ishaq Dar on Saturday directed the CDA authorities for fast track and...

Published 26 Feb, 2023 03:27am

Business & Finance

Dar directs authorities to fast-track execution of overseas Pakistanis housing projects

Federal Minister for Finance and Revenue Ishaq Dar has urged Capital Development Authority (CDA) officials to...

Updated 25 Feb, 2023 07:18pm

Pakistan

Governor gives ‘Friends of LCCI Award’ to civil servants

LAHORE: Punjab Governor Muhammad Balighur Rehman distributed “Friends of LCCI Award” to civil servants at...

Published 25 Feb, 2023 06:23am

$700m Chinese loan lands in SBP account

KARACHI: The country has received inflows amounting to $700 million from China to build the sliding foreign exchange...

Updated 25 Feb, 2023 09:01am

Business & Finance

Pakistan, Uzbekistan sign $1bn trade deal

ISLAMABAD: Pakistan and Uzbekistan signed on Friday a $1 billion deal to increase bilateral trade, a statement from...

Published 25 Feb, 2023 06:23am

Markets

SBP receives $700mn from China Development Bank, says Ishaq Dar

Development comes as central bank-held foreign exchange reserves languish at around $3.26bn, which is less than one month of import cover

Published 24 Feb, 2023 09:44pm

Editorials

Austerity steps: austere approach to challenge?

EDITORIAL: Prime Minister Shehbaz Sharif flanked by Finance Minister Ishaq Dar on his left and Qamar Zaman Kaira...

Published 24 Feb, 2023 06:00am

Markets

Rupee registers back-to-back gains against US dollar

Currency settles at 260.93 in inter-bank market

Updated 23 Feb, 2023 07:47pm

Business & Finance

Finance minister, US envoy agree to deepen trade ties

ISLAMABAD: Donald Blome, Ambassador of the United States to Pakistan called on Federal Minister for Finance and...

Published 23 Feb, 2023 05:52am

Forex reserves to get much-needed boost: China lends a hand amid IMF procrastination

Board of China Development Bank approves facility of $700 million

Updated 23 Feb, 2023 09:24am

Pakistan

Dar informs US envoy of measures taken to meet financial obligations

Federal Minister for Finance and Revenue Mohammad Ishaq Dar on Wednesday shared with Donald Blome, the US Ambassador...

Updated 22 Feb, 2023 09:09pm

Pakistan

China Development Bank approves $700mn facility for Pakistan: Dar

Amount expected to be recieved by SBP this week, says finance minister

Updated 22 Feb, 2023 09:06pm

Govt decides not to shift Gwadar power plant to Thar

ISLAMABAD: While bowing before pressure from Beijing, Islamabad has reportedly decided not to change the location of...

Updated 22 Feb, 2023 09:04am

Briefing on IMF programme: NA panel irked by Dar’s absence

ISLAMABAD: A meeting of the National Assembly’s Standing Committee on Finance has expressed its displeasure over the...

Updated 22 Feb, 2023 08:47am

Pakistan

Rothschild & Co delegation meets Dar, discusses roadmap for economic recovery

Dar expresses commitment to completing IMF programme, according to Finance Division statement

Updated 21 Feb, 2023 10:13pm

Editorials

Raise in FBR tax collection target

EDITORIAL: Additional taxation measures of 170 billion rupees tabled in parliament on 15 February by Finance ...

Published 21 Feb, 2023 05:57am

Finance (Supplementary) Bill, 2023 adopted: NA acquiesces to IMF tax stipulation

Finance Minister Ishaq Dar says bill proposed to minimise fiscal deficit

Updated 21 Feb, 2023 12:01pm

Pakistan

National Assembly passes Finance (Supplementary) Bill

The bill imposes new taxes of Rs170 billion to minimise fiscal deficit

Published 20 Feb, 2023 10:09pm

Opinion

Who has cost Pakistan more?

The blame game for the prevailing deep economic crisis continues with only one out of the three national parties,...

Published 20 Feb, 2023 06:26am

Opinion

Dar has stated the obvious, but…

This is apropos a Business Recorder news item ‘Pakistan to welcome investment from UAE: Dar’ carried by the...

Published 18 Feb, 2023 03:33am

‘Mini-budget’ Dar takes the flak from opposition, govt MNAs alike

Lawmakers say mini-budget is meant to crush the poor under skyrocketing inflation

Updated 18 Feb, 2023 01:33pm

Pakistan

NA session adjourned without mini-budget approval

Session now scheduled to take place on Monday at 5pm

Updated 17 Feb, 2023 09:50pm

Editorials

‘Mini-budget’

EDITORIAL: The revenue measures as revealed in the ‘mini-budget’ were expected as Finance Minister Ishaq Dar had...

Published 17 Feb, 2023 06:00am

Opinion

IMF programme & reforms

Pakistan, one of the major victims of climate change, is fighting alone to manage the damages caused due to...

Published 17 Feb, 2023 06:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	278.32
USD PKR Interbank Buying / May 7	278.12
USD to Japanese Yen / May 7	154.44
USD to Swiss Franc / May 7	0.91
Pound Sterling to USD / May 7	1.26
Euro to USD / May 7	1.08

Stock	Volume
S&P 500 / May 6	5180.74
Nasdaq / May 6	16349.25
Dow Jones / May 6	38852.27
India Sensex / May 7	73503.22
Tokyo Nikkei / May 7	38775.44
Hang Seng / May 7	18439.46
FTSE 100 / May 7	8295.53
Germany DAX 30 / May 7	18257.19

Item	Value
Petrol/Litre / May 7	288.49
Crude Oil USD/Barrel / May 7	78.61
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 7	205761
Gold Spot USD/Ounce / May 7	2322.69
Diesel/Litre / May 7	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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