Trends - Miftah Ismail - Business Recorder

Miftah Ismail

Pakistan, IMF begin crucial talks in Doha as economy stumbles

Will discuss revival of stalled $6 billion Extended Fund Facility (EFF) programme

Updated 18 May, 2022 02:17pm

IMF talks to begin today at Doha

ISLAMABAD: Finance Minister Miftah Ismail said on Tuesday that a team of the Finance Division has gone to Doha (on...

Updated 18 May, 2022 10:43am

Business & Finance

‘ADB committed to supporting reform agenda’

ISLAMABAD: Finance Minister Miftah Ismail on Tuesday said the Asian Development Bank has always been a great support...

Published 18 May, 2022 05:54am

Supplements

Embracing the role as Chief Value Officer: Miftah Ismail Federal Minister for Finance and Revenue

TEXT: I would like to congratulate the Institute of Chartered Accountants of Pakistan for keeping the tradition of...

Published 17 May, 2022 05:39am

Disbursement of PDCs to OMCs/refineries: Rs55.5bn suppl. grant approved by ECC

Allows TCP to explore possibility of import of 200,000 MT of urea on G2G basis and on deferred payment

Updated 17 May, 2022 10:12am

PM concerned at PKR slide

KARACHI: The Prime Minister Shehbaz Sharif has expressed serious concern over the continued slide of Pak Rupee...

Updated 17 May, 2022 09:55am

Business & Finance

Tarin urges govt to hold National Price Monitoring Committee meeting

Former finance minister says not a single meeting has been held by the current coalition government

Updated 16 May, 2022 06:46pm

Markets

KSE-100 plunges 1.88%, closes at 15-month low

Concerns of ballooning external deficit stem from government’s decision to keep oil prices unchanged

Updated 16 May, 2022 06:20pm

Opinion

The political battlefield

Last week, crucial economic and political decisions took place in London. Pakistan Muslim League-Nawaz (PML-N) ...

Published 16 May, 2022 05:42am

No raise in POL products’ prices for now: govt

ISLAMABAD: The government has decided not to increase the petroleum prices at this point in time but did not rule...

Updated 16 May, 2022 09:40am

Opinion

The IMF surcharge is unfair

Pakistan is one of 14 countries adversely affected by the International Monetary Fund (IMF) loans which trigger...

Published 16 May, 2022 05:42am

Pakistan

Govt rules out increasing fuel prices for the time being: Miftah Ismail

Addressing a press conference on Sunday, finance minister says he will talk to the IMF over the fuel-subsidy issue

Updated 15 May, 2022 06:07pm

Miftah hints at modifying Kamyab Pakistan Programme

ISLAMABAD: The Federal Minister for Finance and Revenue Miftah Ismail has hinted at re-examining and modifying the...

Updated 15 May, 2022 01:30pm

‘Violation’ of IMF pact by PTI govt led to surge in USD rates: Miftah

KARACHI: Federal Minister for Finance, Miftah Ismail Friday has said the current surge in the US dollar and...

Updated 14 May, 2022 09:50am

Pakistan

Miftah holds Imran Khan responsible for present economic scenario

Finance Minister Miftah Ismail has held the former prime minister Imran Khan-led government responsible for the...

Published 13 May, 2022 10:45pm

Opinion

Pakistan, IMF & SBP

The expected dividends of Shehbaz Sharif, Prime Minister of Pakistan’s maiden visit to the Gulf are still awaited....

Published 13 May, 2022 05:59am

Artificial leather: Duty- and tax-free import allowed temporarily

ISLAMABAD: The Federal Board of Revenue (FBR) has resolved a major issue of the exporters by allowing duties and...

Updated 13 May, 2022 10:16am

Business & Finance

PKR slide: business leaders underscore need for reviewing free float policy

KARACHI: Policy of free float of rupee should be revisited by the country’s new economic team, as sharp...

Published 13 May, 2022 05:59am

Pakistan

PM Shehbaz meets Nawaz Sharif in London as economy stutters

Meeting comes as Pakistan's new govt faces the daunting task of managing a stuttering economy with huge deficits

Updated 11 May, 2022 10:37pm

Pakistan

AC records statement of prosecution witness in LNG case

ISLAMABAD: The Accountability Court on Tuesday recorded the statement of a prosecution witness in the Liquefied...

Published 11 May, 2022 04:58am

Business & Finance

Govt committed to ensuring financial discipline: Miftah

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh, Senior Vice...

Published 11 May, 2022 04:58am

Editorials

Economy and IMF’s stalled 7th review

EDITORIAL: The Resident Representative of the International Monetary Fund (IMF) in Islamabad Esther Perez Ruiz told...

Published 11 May, 2022 04:58am

PM’s electricity relief package: Govt’s nod sought to discontinue Rs5 subsidy

ISLAMABAD: Power Division has sought Federal Government’s nod to do away with PM’s relief package on electricity of...

Updated 11 May, 2022 09:56am

World Bank briefed about challenges facing Pakistan

Minster for Finance and Revenue Miftah Ismail holds meeting with Hartwig Schafer, Vice President South Asia Region (SAR), World Bank

Updated 11 May, 2022 10:06am

FBR tells Miftah: Over Rs300bn revenue measures may be required

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday conveyed to Finance Minister Miftah Ismail that revenue...

Updated 11 May, 2022 10:02am

Subsidy continues for 5 edible items: ECC approves import of 3MMT of wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved import of three million metric...

Updated 10 May, 2022 10:12am

Business & Finance

IMF will link release of funds to increase in income taxes, subsidy removal: Shaukat Tarin

Talks between Pakistan and IMF on stalled Extended Fund Facility likely to be held from May 18

Updated 09 May, 2022 04:48pm

Budget: fixed tax scheme for small traders very likely

Finance minister says govt strictly committed to ensuring financial discipline through effective policies

Updated 08 May, 2022 03:57pm

Opinion

A chaotic economy

While the incumbent finance minister Miftah Ismail was still in the air on his way back, having announced successful...

Updated 07 May, 2022 08:48pm

Perspectives

IMF programme may be crucial, but Pakistan's economic woes run really deep

Amid commencement of talks between Pakistan and the International Monetary Fund (IMF), there have been high hopes...

Updated 07 May, 2022 07:02pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.50
USD PKR Interbank Buying / Apr 24	278.25
USD to Japanese Yen / Apr 24	154.89
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.24
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
Nasdaq / Apr 23	15696.64
Dow Jones / Apr 23	38503.69
India Sensex / Apr 24	73884
Tokyo Nikkei / Apr 24	38460.08
Hang Seng / Apr 24	17176.31
FTSE 100 / Apr 24	8079.79
Germany DAX 30 / Apr 24	18202.76

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 24	293.94
Crude Oil USD/Barrel / Apr 24	83.46
Gold Spot USD/Ounce / Apr 24	2319
Diesel/Litre / Apr 24	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Miftah Ismail

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