Trends - Miftah Ismail - Business Recorder

Miftah Ismail

Better late than never

EDITORIAL: It turns out that repeated assurances from the State Bank of Pakistan (SBP) and finance ministry were on...

Published 11 Aug, 2022 04:35am

Lower energy demand, oil prices: Miftah says BoP surplus ‘imminent’

KARACHI: Federal Minister for Finance and Revenue, Dr. Miftah Ismail has said the balance of payments position is ...

Updated 11 Aug, 2022 09:50am

Restrictions imposed by SBP: PHMA seeks Miftah’s intervention

ISLAMABAD: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has sought Finance Minister Miftah...

Updated 11 Aug, 2022 11:33am

Markets

Miftah directs immediate meeting to consider SOEs declaring 'healthy dividends'

PSX hosts meeting with finance minister, who sets up three committees to coordinate on issues including interest rates, taxation, review of listings of DFIs among others

Updated 10 Aug, 2022 09:41am

Markets

‘Incentivised’ zero-rated sectors: Govt in a ‘quandary’ over supply of cheap power

Ensuring supply of electricity at 9 cents per unit to cost Rs80 billion in FY23

Updated 09 Aug, 2022 03:24pm

Market sentiment characterised by relative calm

KARACHI: Some sense of calm prevailed through the markets during the previous week, with the rupee registering a...

Updated 08 Aug, 2022 10:24am

Country a net importer, says Miftah somberly

KARACHI: Federal Minister for Finance and Revenue Miftah Ismail has said that the federal government had made tough...

Updated 07 Aug, 2022 01:12pm

ECC approves Rs5bn TSG for NDMA

ISLAMABAD: A special meeting of the Economic Coordination Committee (ECC) of the Cabinet, Saturday, approved Rs5...

Updated 07 Aug, 2022 01:13pm

Pakistan

Govt was left with few options to avert default: Miftah Ismail

Finance minister says rupee's movement determined by market dynamics and SBP did not intervene
Says import ban on CBUs of cars, mobiles and home appliances will remain in place till September 2022

Updated 06 Aug, 2022 04:49pm

Russian side may be offered import of wheat at $390 per MT

TCP initiated process of importing wheat from Russia after ECC meeting in May

Updated 06 Aug, 2022 09:52am

Business & Finance

Govt to limit imports for next 3 months: Miftah

Finance minister says government ready to risk slow down in growth

Updated 06 Aug, 2022 12:12pm

Pakistan

Govt to continue suppressing imports for another 3 months: Miftah Ismail

Speaking at ceremony at PSX, finance minister says that while these measures would slow down growth, there is no 'immediate solution' to economic crisis

Updated 05 Aug, 2022 04:49pm

Fixed tax regime: Decision deferred for a year: Miftah

ISLAMABAD: The government has decided to reverse the decision of the fixed tax regime on electricity bills for a...

Updated 05 Aug, 2022 11:14am

Business & Finance

Structural reforms under govt focus: Miftah

ISLAMABAD: Federal Minister for Finance Miftah Ismail said here on Thursday that the government was primarily...

Updated 05 Aug, 2022 12:03pm

Pakistan

Structural reforms for growth govt’s prime focus, Miftah tells ADB

Federal Minister for Finance and Revenue Miftah Ismail on Thursday said that the present government's prime focus is...

Published 04 Aug, 2022 04:05pm

Markets

Meeting IMF funding gap: One friendly country has already confirmed assurance, says Miftah

Finance minister says another friendly country will confirm its assurance in a day or two

Updated 04 Aug, 2022 06:40pm

Pakistan

ECP verdict: Imran should have resigned by now from PTI chairmanship, says Ahsan

ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Wednesday said the government...

Published 04 Aug, 2022 05:43am

Bringing HNWIs into tax net: NADRA provides 3,500 updated profiles of non-filers to FBR

ISLAMABAD: The National Database and Registration Authority (Nadra) Wednesday provided revised samples of 3,000 to...

Updated 04 Aug, 2022 10:21am

Mobile broadband services: 2,100 MHz band to be auctioned

ISLAMABAD: The meeting of the Spectrum Auction Advisory Committee has unanimously decided to go for auction for ...

Updated 04 Aug, 2022 09:53am

Editorials

The challenge of rising inflation

EDITORIAL: Pakistan Bureau of Statistics (PBS) data on the July Consumer Price Index (CPI) of 24.9 percent...

Published 03 Aug, 2022 05:56am

Business & Finance

Miftah vows to remove some taxes from electricity bills

KARACHI: In response to protests by small retailers against the fixed retailers’ tax introduced in the Finance Act...

Published 03 Aug, 2022 04:55am

Miftah meets small traders: Govt likely to review ‘fixed tax’ imposition decision

ISLAMABAD: Finance Minister Miftah Ismail, Tuesday, assured the Chambers of Small Traders and Small Industry (CSTSI)...

Updated 03 Aug, 2022 10:02am

Business & Finance

Refunds, ‘fixed tax’ on power bills: Miftah tries to soothe small traders’ concerns

ISLAMABAD: A delegation of Chambers of Small Traders and Small Industry (CSTSI) has informed Finance Minister Miftah...

Published 02 Aug, 2022 06:31am

Editorials

One prior condition still remains

EDITORIAL: Federal Finance Minister Miftah Ismail in a press conference on Sunday acknowledged that there was one...

Published 02 Aug, 2022 05:36am

Business & Finance

Electricity bills: Traders protest against imposition of ‘fixed tax’

ISLAMABAD: Traders Monday warned the government of a country-wide shutter-down strike on August 17, if the issue of...

Updated 02 Aug, 2022 10:17am

Pakistan

Pakistan is absolutely going to make each and every payment: Miftah Ismail

Finance minister says everything is 'settled now', a statement that comes in backdrop of massive rupee depreciation and concerns over Pakistan's falling foreign exchange reserves

Updated 01 Aug, 2022 07:32pm

Business & Finance

Electricity bills taxation: Miftah addresses business community concerns

Finance minister meets Markazi Tanzeem-e-Tajaran Pakistan

Published 01 Aug, 2022 04:08pm

Opinion

The rupee slide

The blame game as to which factor is more predominant in the erosion of the rupee is continuing. The Pakistan...

Published 01 Aug, 2022 06:51am

July import ebb to help arrest PKR slide: Miftah

Says that the Pakistani rupee, which has taken a beating against the US dollar in recent weeks, should see some improvement in 'two weeks'

Updated 01 Aug, 2022 09:50am

Pakistan

Govt’s vision to reform SOEs aimed at improving corporate governance: Miftah

ISLAMABAD: The government’s vision to reform State-owned Enterprises (SOEs) is to improve corporate governance and...

Published 30 Jul, 2022 03:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

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

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

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

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Miftah Ismail

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