Trends - Nirmala Sitharaman - Business Recorder

Nirmala Sitharaman

India’s finance minister optimistic 10.5pc economic growth target achievable

NEW DELHI: Finance Minister Nirmala Sitharaman expressed optimism, in interview published on Friday, that India ...

Published 18 Sep, 2023 06:32am

World

G20 chair India says talks underway for global framework on crypto rules

MUMBAI: Discussions are underway on a global framework to regulate crypto assets, India’s finance minister said on...

Published 05 Sep, 2023 01:19pm

Business & Finance

India records strong 7.8pc growth in June quarter

NEW DELHI: India’s GDP grew by 7.8 percent in the June quarter, official figures showed Thursday, despite...

Published 04 Sep, 2023 06:21am

Technology

India gives partial relief on tax to online gaming firms

NEW DELHI: India has decided to levy taxes on online gaming companies on the total funds deposited to play online...

Published 02 Aug, 2023 08:39pm

World

India tax council to meet on Aug 2 to finalise online gaming tax

NEW DELHI: India’s Goods and Services Tax (GST) Council will meet on Aug. 2 to decide on a 28% tax on funds that...

Published 26 Jul, 2023 05:15pm

World

US working with India on platform to speed its energy transition: Yellen

GANDHINAGAR: The United States is working with India to develop an investment platform to lower the cost of capital...

Published 17 Jul, 2023 11:59am

World

G20 finance and bank chiefs to tackle debt crisis

GANDHINAGAR: G20 finance and central bank chiefs begin talks on Monday to discuss debt restructuring deals and...

Published 17 Jul, 2023 09:56am

World

Indian minister scoffs at Obama comment on protecting Muslims

NEW DELHI: India’s finance minister has derided comments by former US President Barack Obama that Prime Minister...

Published 26 Jun, 2023 12:24pm

World

India working to rein in inflation

NEW DELHI: Inflation in India is slightly above the “tolerance limit”, and the government is taking steps to...

Published 06 May, 2023 02:03pm

World

Indian govt has 54 Chinese investment proposals pending: finance minister

The Indian government has received about 54 foreign direct investment proposals from China since last year that are...

Published 27 Mar, 2023 08:06pm

World

India finance minister asks state run banks to assess risks

NEW DELHI: India finance minister has asked state-run banks to assess various financial health parameters amid...

Updated 25 Mar, 2023 09:26pm

Markets

Indian market regulator to update fin min on Adani probe this week

MUMBAI: India’s market regulator will update the finance ministry this week on its investigation into the Adani...

Published 13 Feb, 2023 09:40am

World

Indian regulators aware of concerns on Adani issue, finance minister says

NEW DELHI: Indian regulators are aware of concerns regarding the Adani Group conglomerate, the finance minister said...

Published 11 Feb, 2023 01:52pm

World

India says debt talks in focus at G20 finance meet

NEW DELHI: India wants to see international cooperation on debt relief at the forefront of discussions at a meeting...

Published 09 Feb, 2023 01:29pm

Markets

Indian shares decline as budget dents insurers

BENGALURU: Indian shares reversed earlier gains to close lower on Wednesday, led by a fall in insurance companies...

Published 02 Feb, 2023 06:12am

Markets

Yellen to travel to India, G20 summit as forum struggles with Ukraine war

WASHINGTON: US Treasury Secretary Janet Yellen will travel to India and the Group of 20 Summit in Indonesia next...

Published 04 Nov, 2022 02:16pm

World

India defers tax levy on unblended, dirtier fuel amid rising prices

NEW DELHI: India has deferred the imposition of taxes on dirtier and unblended retail fuel at a time when it is...

Published 01 Oct, 2022 01:54pm

Business & Finance

India launches first global bullion exchange

Move aimed at bringing transparency to precious metal market

Updated 30 Jul, 2022 12:06pm

World

India hikes taxes on household items amid inflation concern

NEW DELHI: India will raise taxes on certain goods and services including kitchenware to 18% from 12%, the finance...

Updated 29 Jun, 2022 07:11pm

World

Indian govt trims tax on fuel to fight inflation

NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Saturday announced a reduction of taxes on petrol and...

Published 22 May, 2022 06:03am

World

India wants to be friends with West but needs Russian help to defend borders, says Finance Minister

MUMBAI: India wants to be strong friends with the "liberal world" but it needs Russia's assistance to defend its...

Updated 23 Apr, 2022 06:10pm

Markets

Indian shares up on spending thrust

BENGALURU: India’s benchmark bond yield surged on a selloff that picked pace on Tuesday as the government ...

Published 02 Feb, 2022 04:45am

Markets

India to grant additional $2.6bn for solar manufacturing

CHENNAI: India will allocate an additional 195 billion rupees ($2.62 billion) to boost investment in solar equipment...

Published 02 Feb, 2022 04:45am

World

India goes on a spending spree to boost growth, stokes concern over fiscal deficit

NEW DELHI: India's government will step up spending to 39.45 trillion rupees ($529.7 billion) in the coming fiscal...

Published 01 Feb, 2022 06:09pm

Technology

India to tax cryptocurrencies at 30%, puts digital assets in highest tax band

Industry estimates suggest there are 15 million to 20 million crypto investors in India, with total crypto holdings of around $5.37 billion

Updated 01 Feb, 2022 05:36pm

Markets

India targets infrastructure spending in growth budget

NEW DELHI: Indian Finance Minister Nirmala Sitharaman said on Tuesday that her budget for 2022/2023 will lay the...

Published 01 Feb, 2022 11:45am

Markets

India bonds, rupee gain; federal budget in focus

MUMBAI: Indian bond yields edged lower while the rupee strengthened on Tuesday morning with traders awaiting the...

Published 01 Feb, 2022 11:41am

Markets

Indian shares rise ahead of federal budget

BENGALURU: Indian shares rose on Tuesday in the run-up to the federal budget where Finance Minister Nirmala...

Published 01 Feb, 2022 10:10am

World

India sees GDP growth slowing to 8-8.5pc in 2022/23 as risks rise

NEW DELHI: India has forecast its economy will grow 8% to 8.5% for the fiscal year starting in April, down from 9.2%...

Published 01 Feb, 2022 04:07am

Business & Finance

India needs more big banks the size of largest lender SBI

MUMBAI: India needs at least four or five banks of a size matching its biggest lender, the State Bank of India, to...

Published 27 Sep, 2021 05:51am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 28 Kohinoor Power Company Limited(KOHP)	4.88 ▲ 1.00 (25.77%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.90 ▲ 0.90 (15.00%)
Power Cem(Pref) / Nov 28 Power Cement (Pref)(POWERPS)	8.60 ▲ 1.00 (13.16%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.20 ▲ 0.24 (12.24%)
Service Textile / Nov 28 Service Industries Textiles Limited(SERT)	10.11 ▲ 1.00 (10.98%)
Bela Auto / Nov 28 Bela Automotives Limited(BELA)	7.29 ▲ 0.71 (10.79%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Premier Insurance / Nov 28 Premier Insurance Limited(PINL)	7.90 ▲ 0.58 (7.92%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.40 ▲ 0.88 (7.64%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)

Stock	Price
F.Credit & Inv / Nov 28 First Credit and Investment Bank Limited(FCIBL)	5.53 ▼ -0.66 (-10.66%)
PICIC Ins.Ltd. / Nov 28 PICIC Insurance Limited(PIL)	0.90 ▼ -0.09 (-9.09%)
Pervez Ahmed Co / Nov 28 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.81 ▼ -0.07 (-7.95%)
Samba Bank / Nov 28 Samba Bank Limited(SBL)	7.85 ▼ -0.66 (-7.76%)
Universal Network (GEM) / Nov 28 Universal Network Systems Limited (GEM)(GEMUNSL)	38.54 ▼ -3.12 (-7.49%)
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Tandlianwala Sugar / Nov 28 Tandlianwala Sugar Mills Limited(TSML)	65.05 ▼ -4.95 (-7.07%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Hala Enterprise / Nov 28 Hala Enterprises Limited(HAEL)	10.75 ▼ -0.66 (-5.78%)
Punjab Mod / Nov 28 First Punjab Modaraba(FPJM)	1.60 ▼ -0.09 (-5.33%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.20
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	47,603,061 ▲ 0.08
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	24,352,497 ▼ -0.08
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	23,054,217 ▲ 0.24
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.22
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▲ 0.26
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 2.67
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.63
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▼ -0.01
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.06

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

Calculate your monthly liability in FY24

Nirmala Sitharaman

Most Popular Articles