Home - Business Recorder

Updated 15 Jul, 2025 09:28am

MoC unveils NTP to narrow trade deficit

Policy aims to stimulate export growth of 10–14%

Markets

PSX extends historic rally as KSE-100 surges past 137,000 mark

Published 15 Jul, 2025 09:50am

Markets

Intra-day update: rupee records slight gain against US dollar

Published 15 Jul, 2025 10:23am

PM calls for overhaul of economic infrastructure

Updated 15 Jul, 2025 08:48am

Fuel prices likely to increase

Updated 15 Jul, 2025 09:31am

Aurangzeb sees early signs of recovery

Updated 15 Jul, 2025 09:31am

Due diligence in process: Govt intends to dispose of PIACL assets

Updated 15 Jul, 2025 08:48am

SME, agri financing: Aurangzeb lauds SBP and banks for stellar growth

Updated 15 Jul, 2025 08:38am

SC rules coercive tax recovery not allowed without due notice

Updated 15 Jul, 2025 09:27am

PM spells out his govt’s top tax priorities

Updated 15 Jul, 2025 08:50am

ADB flags high digital taxes, unfriendly analog tax processes

Updated 15 Jul, 2025 09:27am

Must Read

Editorials

Policy mix to forestall boom-bust syndrome

BR Research

Discos’s miraculous second half recovery

Opinion

Focusing on shelter

BR Research

Sugar import: deregulate trade, now!

Opinion

The end of PKK’s armed struggle?

Editorials

Rethinking tax policy

BR Research

Oil in flux: Rising supply meets fragile demand

Opinion

WTO: Struggling for survival

Technology

Supporting the coworking industry crucial for startups, IT sector

Pakistan

Majority of Pakistanis prefer shopping from offline local markets, Gallup survey finds

Pakistan

Here’s how to apply for new Ajrak design number plates online

Sindh extends deadline for Ajrak number plates until August 14

Vietnam keen to invest & trade with Pakistan, says Kamal

Interior Minister Mohsin Naqvi meets Behraini counterpart

Here’s how to apply for new Ajrak design number plates online

FBR begins regulating input tax adjustment limits from July 1

Property deals: FBR seeks ‘fair market value’ disclosure from July 1

New record at PSX: KSE-100 settles above 136,500 level

Circular debt debacle: financial fixes cannot solve the problem

$5bn Pakistan-Turkiye bilateral trade goal: PM urges MoC to set specific targets

They’re still flying high

Rupee slips lower against US dollar

Pakistan’s cement maker installs 6MW solar power system at Karachi facility

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 14	284.77
USD PKR Interbank Buying / Jul 14	284.52
USD to Japanese Yen / Jul 14	147.66
USD to Swiss Franc / Jul 14	0.80
Pound Sterling to USD / Jul 14	1.34
Euro to USD / Jul 14	1.17
UK LIBOR % / Jul 14	4.96

Stock	Volume
S&P 500 / Jul 14	6,268.56
India Sensex / Jul 14	82,253.46
Tokyo Nikkei / Jul 14	39,502.44
Nasdaq / Jul 14	20,640.33
Hang Seng / Jul 14	24,238.51
FTSE 100 / Jul 14	8,998.06
Dow Jones / Jul 14	44,459.65
Germany DAX 30 / Jul 14	24,160.64
France CAC40 / Jul 14	7,808.17

Item	Value
Crude Oil USD/Barrel / Jul 14	66.60
Karachi Cotton PKR/37.32 KG / Jul 14	16,585
Gold 10 Grams PKR / Jul 14	308,384
Gold Spot USD/Ounce / Jul 14	3,357.40
Cotton US¢/pound / Jul 14	67.96
Petrol/Litre / Jul 15	266.79
Diesel/Litre / Jul 15	272.98

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Jul 15 PICIC Insurance Limited(PIL)	5.35 ▲ 0.94 (21.32%)
Trust Mod. / Jul 15 Trust Modaraba(TRSM)	7.67 ▲ 0.95 (14.14%)
Cres.Star Ins. / Jul 15 Crescent Star Insurance Limited(CSIL)	4.87 ▲ 0.53 (12.21%)
Ist.Capital Sec / Jul 15 First Capital Securities Corporation(FCSC)	3.06 ▲ 0.28 (10.07%)
Safe Mix Con.Lt / Jul 15 Safe Mix Concrete Limited(SMCPL)	24.48 ▲ 2.23 (10.02%)

Stock	Price
First IBL Mod. / Jul 15 First IBL Modaraba(FIBLM)	5.51 ▼ -0.74 (-11.84%)
Shahtaj Textile / Jul 15 Shahtaj Textile Limited(STJT)	76.57 ▼ -8.42 (-9.91%)
First Imrooz Mod. / Jul 15 First Imrooz Modaraba(FIMM)	182.25 ▼ -17.41 (-8.72%)
Reliance Cotton / Jul 15 Reliance Cotton Spinning Mills Limited(RCML)	511 ▼ -48.01 (-8.59%)
National Silk / Jul 15 The National Silk & Rayon Mills Limited(NSRM)	141.25 ▼ -12.06 (-7.87%)

Stock	Volume
Trust Mod. / Jul 15 Trust Modaraba(TRSM)	43,930,488 ▲ 0.95
K-Electric Ltd. / Jul 15 K-Electric Limited(KEL)	34,116,583 ▲ 0.15
Cres.Star Ins. / Jul 15 Crescent Star Insurance Limited(CSIL)	17,091,553 ▲ 0.53
B.O.Punjab / Jul 15 The Bank of Punjab(BOP)	14,714,193 ▼ -0.02
Siddiqsons Tin / Jul 15 Siddiqsons Tin Plate Limited(STPL)	11,026,516 ▲ 0.01

Markets →

Sindh extends deadline for Ajrak number plates until August 14

Vietnam keen to invest & trade with Pakistan, says Kamal

Interior Minister Mohsin Naqvi meets Behraini counterpart

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 14	284.77
USD PKR Interbank Buying / Jul 14	284.52
USD to Japanese Yen / Jul 14	147.66
USD to Swiss Franc / Jul 14	0.80
Pound Sterling to USD / Jul 14	1.34
Euro to USD / Jul 14	1.17
UK LIBOR % / Jul 14	4.96

Stock	Volume
S&P 500 / Jul 14	6,268.56
India Sensex / Jul 14	82,253.46
Tokyo Nikkei / Jul 14	39,502.44
Nasdaq / Jul 14	20,640.33
Hang Seng / Jul 14	24,238.51
FTSE 100 / Jul 14	8,998.06
Dow Jones / Jul 14	44,459.65
Germany DAX 30 / Jul 14	24,160.64
France CAC40 / Jul 14	7,808.17

Item	Value
Crude Oil USD/Barrel / Jul 14	66.60
Karachi Cotton PKR/37.32 KG / Jul 14	16,585
Gold 10 Grams PKR / Jul 14	308,384
Gold Spot USD/Ounce / Jul 14	3,357.40
Cotton US¢/pound / Jul 14	67.96
Petrol/Litre / Jul 15	266.79
Diesel/Litre / Jul 15	272.98

Here’s how to apply for new Ajrak design number plates online

FBR begins regulating input tax adjustment limits from July 1

Property deals: FBR seeks ‘fair market value’ disclosure from July 1

New record at PSX: KSE-100 settles above 136,500 level

Circular debt debacle: financial fixes cannot solve the problem

$5bn Pakistan-Turkiye bilateral trade goal: PM urges MoC to set specific targets

They’re still flying high

Rupee slips lower against US dollar

Pakistan’s cement maker installs 6MW solar power system at Karachi facility

Business & Finance

Exchange

Intra-day update: rupee records slight gain against US dollar

Currency hovers at 284-285 level in inter-bank market

Published 15 Jul, 2025 10:23am

BR Research

Discos’s miraculous second half recovery

The Ministry of Energy (Power Division) has taken to social media and press briefings with a celebratory tone,...

Updated 15 Jul, 2025 08:19am

Exchange

PSX extends historic rally as KSE-100 surges past 137,000 mark

Equities at the Pakistan Stock Exchange (PSX) continued to set new records, with the benchmark KSE-100 Index... Published 15 Jul, 2025 09:50am

MENA

How Dubai intends to become the ‘capital of crypto’

Dubai isn’t just experimenting with crypto anymore — its latest announcements show it’s going all in. One of... Published 15 Jul, 2025 05:50am

BR Research

Sugar import: deregulate trade, now!

It is not a crisis. It is not a question of food security. It is not about protecting domestic producers or ...

Updated 15 Jul, 2025 08:23am

2025-07-15-02-19

Virtual Asset Ordinance 2025: Explanation and comments—II

Redemption of Asset Reference Token An Issuer of an Asset-Referenced token shall maintain arrangements for the... Updated 15 Jul, 2025 07:57am

2025-07-15-03-47

PPA condemns imposition of Rs10 FED on day-old chick

LAHORE: Vehemently condemning the government’s decision to impose a federal excise duty (FED) of Rs 10 on each... Published 15 Jul, 2025 05:50am

2025-07-15-03-38

Financial property of MoFA: PAC panel highlights serious lapses

ISLAMABAD: A sub-committee of the Public Accounts Committee (PAC) on Monday highlighted serious lapses in financial... Published 15 Jul, 2025 06:23am

2025-07-15-03-38

Inaccurate accounts: Audit firms to undergo AOB inspection

ISLAMABAD: The Federal Board of Revenue (FBR) will refer audit firms for inspection by the Audit Oversight Board in... Published 15 Jul, 2025 06:31am

2025-07-15-03-38

Sugar imports, exports: ‘Govt’s handling inflicts billions of rupees in losses’

KARACHI: Syed Aman Shah, Provincial Convener Balochistan of the Awam Pakistan Party, has said that the ... Published 15 Jul, 2025 06:34am

BR Research

Systems Limited

Systems Limited (PSX: SYS) was founded in 1977 as a private limited company and was converted into a public listed...

Updated 15 Jul, 2025 08:31am

BR Research

Record remittances — and the hidden vulnerability

Home remittances are supposedly the pinnacle of Pakistan’s external accounts. They grew by 27 percent to reach...

Updated 14 Jul, 2025 07:57am

BR Research

Oil in flux: Rising supply meets fragile demand

The global oil market in 2025 has become a delicate balancing act, influenced significantly by the decisions of OPEC...

Published 14 Jul, 2025 05:42am

BR Research

Pakistan Tobacco Company Limited

Pakistan Tobacco Company Limited (PSX: PAKT) was incorporated in Pakistan as a public limited company in 1947. The...

Updated 14 Jul, 2025 08:07am

Pakistan

2025-07-15-03-47

ECP reserves verdict in reserved seats case

ISLAMABAD: The Election Commission of Pakistan (ECP) has reserved its verdict in the reserved seats case involving... Published 15 Jul, 2025 05:50am

2025-07-15-03-47

Iran eases visa rules for Pakistani Zaireen

TEHRAN: On the eve of Interior Minister Mohsin Naqvi’s visit to Tehran, Iran has issued new visa policy for... Published 15 Jul, 2025 05:50am

2025-07-15-03-47

‘Political repression’ in Pakistan: PTI’s Zulfi Bukhari to testify before US Congress body

KARACHI: PTI leader Sayed Zulfikar Bukhari, a former aide to ex-premier Imran Khan, is set to offer testimony on... Published 15 Jul, 2025 05:50am

2025-07-15-03-47

President renames FC as Federal Constabulary with nationwide powers

ISLAMABAD: President Asif Ali Zardari has issued the Frontier Constabulary Reorganization Ordinance 2025, officially... Published 15 Jul, 2025 05:50am

2025-07-15-03-38

Victims of Bin-Alam Housing scam demand swift justice

LAHORE: Dozens of victims of the Bin-Alam Housing Society scam staged a protest outside the Accountability Court in... Published 15 Jul, 2025 05:50am

2025-07-15-03-38

Disqualification of a member: Speaker’s role is limited and clearly defined: PA Speaker

LAHORE: Speaker of the Punjab Assembly, Malik Muhammad Ahmad Khan, while speaking with journalists, stated that in... Published 15 Jul, 2025 05:50am

World

2025-07-15-03-47

EU says could target 72bn euros of US goods if tariff talks fail

BRUSSELS: The European Commission on Monday said it was putting forward a new list of US goods worth 72 billion ... Published 15 Jul, 2025 05:50am

2025-07-15-12-22

Nine killed in US nursing home fire

NEW YORK: A nighttime fire at a nursing home has left nine people dead in the northeastern US state of Massachusetts... Published 15 Jul, 2025 05:50am

2025-07-15-12-22

French first lady appeals in gender rumours case

PARIS: France’s first lady has taken her case against two women over claims she used to be man to the highest... Published 15 Jul, 2025 05:50am

2025-07-15-12-22

China exports beat forecasts in June after US tariff truce

BEIJING: China’s exports rose more than expected in June, official data showed Monday, after Washington and ... Published 15 Jul, 2025 05:50am

2025-07-15-12-22

Gaza civil defence says Israel strikes kill 22

GAZA CITY: Gaza’s civil defence agency said Israeli air strikes on Monday killed at least 22 people, while Israel... Published 15 Jul, 2025 05:50am

Editorials

Policy mix to forestall boom-bust syndrome

EDITORIAL: The Governor State Bank of Pakistan while speaking at the launch ceremony of Women Entrepreneurs Finance...

Dodgy claims

EDITORIAL: In response to Indian Deputy Army Chief Lieutenant General Rahul Singh’s recent claim that China...

Rethinking tax policy

EDITORIAL: The Asian Development Bank’s recent report, “Taxing informal and hard-to-tax sectors — a policy...

Justice delayed…

EDITORIAL: A recently announced Supreme Court judgement in a case filed by a death row inmate — who had to wait...

India’s politics of censorship

EDITORIAL: Social media platform X has expressed “deep concern” over the Indian government’s directive to ...

Opinion

Focusing on shelter

Dr Hafiz A Pasha

The federal budget of 2025-26 has given a negative signal on the priority to be attached to shelter. The mark-up...

The end of PKK’s armed struggle?

Rashed Rahman

Thirty fighters of the Kurdistan Workers Party (PKK) burned their weapons at the mouth of a cave in northern Iraq on...

PTI vs PTI, again

Fahd Husain

Even before its formal launch, PTI’s latest protest movement has run into internal controversy. It is a rather...

KE’s two-decade journey: a privatisation that delivered—I

Imran Rana

In Karachi, few institutions are as routinely scrutinised and as casually misunderstood as its power utility....

Perspectives

Building digital Pakistan beyond big slogans

Dr Ajaz Ali

The story of transformation begins with a single keystroke, a child’s first coding lesson, and a nation’s unwavering...

Think Tech, Think Pakistan: A motion to put Pakistan’s IT sector on top

Rebecka Zavaleta

'The initiative’s momentum is real and just beginning — yet its impact will hinge on how swiftly we translate podium energy into real life transactions'