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Mohammad Ishaq Dar

Message from Mohammad Ishaq Dar, Federal Minister for Finance & Revenue Government of Pakistan

TEXT: It gives me immense pleasure to learn that the Karachi Chamber of Commerce & Industry (KCCI) has...

Published 10 Aug, 2023 06:35am

Business & Finance

Ishaq Dar appreciates businessmen for cooperation amid economic challenges

Says government measures will lead to economic revival

Published 08 Jul, 2023 10:51pm

Pakistan

IMF’s Executive Board meeting on Pakistan set for July 12

The Fund is set to discuss a nine-month stand-by arrangement for Pakistan as the previous Extended Fund Facility expired on June 30

Updated 06 Jul, 2023 09:55am

Markets

Component-wise breakdown of petrol price in Pakistan

Government raises PDL to Rs55 per litre to fulfil key condition of IMF

Published 01 Jul, 2023 01:40pm

Pakistan

Pakistan, IMF reach staff-level agreement on new $3bn stand-by arrangement

Agreement subject to approval by the IMF Executive Board, with its consideration expected by mid-July

Updated 30 Jun, 2023 11:11pm

Pakistan

Dar says Pakistan expects IMF deal in next 24 hours

Country is racing against time to unlock funds ahead of the scheduled end of the programme today

Updated 30 Jun, 2023 10:15am

Business & Finance

Bonded Bulk Storage Policy will end fuel hoarding, reduce pressure on rupee: Musadik Malik

Minister says second Russian oil shipment has reached Pakistan

Updated 28 Jun, 2023 08:16pm

Business & Finance

Budget 2023-24: ‘high earners’ to pay a higher income tax as govt revises rates

Budget proposals originally maintained income tax rates before govt amended the Finance Bill

Updated 26 Jun, 2023 06:40pm

Pakistan

Securing refinancing: govt cleared dues of Chinese banks in advance, says Ishaq Dar

Finance minister says $300 million expected from China in 3-5 days

Published 17 Jun, 2023 07:04pm

Pakistan

Pakistan’s time being wasted, says Dar in reference to delay in IMF funding

Says global institutions want Pakistan to default like Sri Lanka and then enter negotiations

Updated 15 Jun, 2023 10:25pm

Pakistan

How experts view the upcoming budget announcement

Business Recorder reaches out to experts to know their expectations for budget

Updated 09 Jun, 2023 05:22pm

Business & Finance

You don’t need AI to predict Dar’s budget speech. This is how it will likely go

Finance Minister Ishaq Dar is scheduled to announce the budget proposals this Friday. He last announced the budget...

Updated 06 Jun, 2023 11:59pm

Business & Finance

Federal budget to be made keeping all constraints in view: Ishaq Dar

Says government will try to provide as much relief to public as possible

Updated 30 May, 2023 11:33pm

Markets

Ishaq Dar notifies cut in prices of oil, ghee at utility stores

Finance Minister Ishaq Dar on Friday announced that a cut in prices of oil and ghee by the Utility Stores...

Published 26 May, 2023 10:34pm

Pakistan

Pakistan will not default, reiterates Ishaq Dar

Finance minister says Pakistan will escape current difficult economic circumstances

Published 24 May, 2023 06:00pm

Supplements

CFO Conference 2023: Message from Senator Mohammad Ishaq Dar, Federal Minister for Finance and Revenue

TEXT: I extend my felicitations to the Institute of Chartered Accountants of Pakistan for organizing ICAP-CFO...

Published 17 May, 2023 06:22am

Pakistan

AJK PM meets Finance Minister

ISLAMABAD: Chaudhry Anwar Ul Haq, Prime Minister Azad Jammu and Kashmir called on Federal Minister for Finance and...

Published 14 May, 2023 03:24am

Pakistan

Finance Minister Ishaq Dar meets delegation led by JPMorgan Dubai

Both sides discuss economic situation, outlook of country

Published 05 May, 2023 06:53pm

Business & Finance

Iranian envoy meets finance minister

ISLAMABAD: Ambassador of the Islamic Republic of Iran to Pakistan Seyed Mohammad Ali Hosseini on Sunday called on...

Published 01 May, 2023 03:28am

Dar says govt steering economy towards stability in challenging environment

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said here on Tuesday that despite...

Updated 22 Feb, 2023 09:05am

Markets

Investment in energy sector: Dar assures support to BB Energy Group

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar held a meeting with a delegation of ...

Published 20 Jan, 2023 06:10am

Pakistan

Customs confiscates $0.25m in anti-smuggling operations

ISLAMABAD: The Customs authorities at ports and border stations have confiscated $0.25 million during anti-smuggling...

Published 17 Dec, 2022 05:58am

Markets

Component-wise breakdown of petrol price in Pakistan

Petroleum development levy at its highest, OMC margin to be reviewed

Published 01 Nov, 2022 08:07pm

Markets

Dar takes major steps to tackle rupee volatility

Minister for Finance asks banks and ECs to avoid manipulation of the dollar, warns of strict action if institutions are found involved in unlawful practices

Updated 30 Oct, 2022 04:12pm

Business & Finance

Govt committed to place economy on path of sustainable growth: Ishaq Dar tells World Bank

Finance minister shares economic challenges being faced by Pakistan in the wake of the recent devastating floods

Published 08 Oct, 2022 07:21pm

Business & Finance

Attracting US investment govt’s top priority: Dar

ISLAMABAD: Federal Minister for Finance and Revenue Mohammad Ishaq Dar on Friday said that attracting the United...

Published 08 Oct, 2022 03:25am

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 1 Dewan Sugar Mills Limited(DWSM)	3.73 ▲ 1.00 (36.63%)
Universal Ins. / Dec 1 The Universal Insurance Company Limited(UVIC)	6.15 ▲ 1.00 (19.42%)
Abdullah Shah / Dec 1 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.13 ▲ 0.96 (15.56%)
JS Global Banking / Dec 1 JS Global Banking Sector (ETF)(JSGBETF)	13.53 ▲ 1.78 (15.15%)
Saritow Spinning / Dec 1 Saritow Spinning Mills Limited(SSML)	7.98 ▲ 1.00 (14.33%)
Ruby Textile / Dec 1 Ruby Textile Mills Limited(RUBY)	5 ▲ 0.60 (13.64%)
Waves Home Appliances / Dec 1 Waves Home Appliances Limited(WHALE)	8.12 ▲ 0.86 (11.85%)
Trust Sec.& Brok. / Dec 1 Trust Securities & Brokerage Limited(TSBL)	10.06 ▲ 1.00 (11.04%)
Pak Gulf Leasing / Dec 1 Pak-Gulf Leasing Company Limited(PGLC)	7.75 ▲ 0.73 (10.40%)
Next Capital / Dec 1 Next Capital Limited(NEXT)	6.22 ▲ 0.55 (9.70%)

Stock	Price
Aruj Industries / Dec 1 Aruj Industries Limited(ARUJ)	8.02 ▼ -1.00 (-11.09%)
Askari Life Assur. / Dec 1 Askari Life Assurance Company Limited(ALAC)	5.45 ▼ -0.50 (-8.40%)
Hallmark Co. / Dec 1 Hallmark Company Limited(HCL)	196.11 ▼ -15.90 (-7.50%)
Siemens Pak. / Dec 1 Siemens (Pakistan) Engineering(SIEM)	717.18 ▼ -58.15 (-7.50%)
Universal Network (GEM) / Dec 1 Universal Network Systems Limited (GEM)(GEMUNSL)	30.52 ▼ -2.47 (-7.49%)
Suraj Cotton / Dec 1 Suraj Cotton Mills Limited(SURC)	146 ▼ -10.75 (-6.86%)
Clover Pakistan / Dec 1 Clover Pakistan Limited(CLOV)	23.75 ▼ -1.62 (-6.39%)
Kohinoor Power / Dec 1 Kohinoor Power Company Limited(KOHP)	5.10 ▼ -0.32 (-5.90%)
Tata Textile / Dec 1 Tata Textile Mills Limited(TATM)	72.30 ▼ -3.69 (-4.86%)
Jubilee Spinning / Dec 1 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.40 ▼ -0.32 (-4.76%)

Stock	Volume
Maple Leaf Cement / Dec 1 Maple Leaf Cement Factory Limited(MLCF)	42,339,484 ▲ 2.90
Pak Elektron / Dec 1 Pak Elektron Limited(PAEL)	39,182,221 ▲ 1.15
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	34,548,158 ▼ -0.07
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	33,025,000 ▲ 0.50
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	28,095,487 ▲ 0.03
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 1.32
Hum Network / Dec 1 Hum Network Limited(HUMNL)	21,957,500 ▲ 0.41
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	17,398,000 ▼ -0.13
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	16,209,942 ▼ -0.07
D.G.K.Cement / Dec 1 D.G. Khan Cement Company Limited(DGKC)	14,240,564 ▲ 5.49

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	148.16
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.26
Euro to USD / Dec 1	1.09
UK LIBOR % / Nov 30	5.46

Stock	Volume
S&P 500 / Nov 30	4567.80
Nasdaq / Nov 30	14226.22
Dow Jones / Nov 30	35950.89
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7501.93
Germany DAX 30 / Dec 1	16335.19
France CAC40 / Dec 1	7342.95

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 30	17435
Gold 10 Grams PKR / Nov 30	189472
Crude Oil USD/Barrel / Dec 1	76.13
Gold Spot USD/Ounce / Dec 1	2038.53
Cotton US¢/pound / Dec 1	79.92

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Mohammad Ishaq Dar

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