Home - Business Recorder

Published 12 Oct, 2026 11:32pm

Govt decreases petrol price by Rs2.93, increases diesel's by Re0.61 per litre

New prices effective for Tuesday, October 13

World

Trump defends Russia diesel deal as lawmakers from both parties complain

Published 12 Oct, 2026 08:46pm

Pakistan

Govt minister confirms KP CM, cabinet members in ‘preventive custody’

Published 12 Oct, 2026 07:02pm

Markets

Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisation

Updated 12 Oct, 2026 05:27pm

Pakistan

Russian interior minister arrives in Pakistan on four-day visit

Published 12 Oct, 2026 09:12pm

World

Saudi Arabia faces new missile and drone fire after major attacks on airports

Published 12 Oct, 2026 07:15pm

Markets

Oil prices rise 2% as attacks on Saudi Arabia overshadow Trump's diesel deal

Updated 12 Oct, 2026 08:42pm

Markets

Pakistan seeks Libyan crude as it diversifies oil supplies amid Middle East supply disruptions

Updated 12 Oct, 2026 01:00pm

Business & Finance

Pakistan to refinance short-term external debt to reduce rollover risks: Aurangzeb

Published 12 Oct, 2026 12:26pm

Pakistan

Pakistan, Brazil military chiefs discuss strengthening defence cooperation

Published 12 Oct, 2026 05:47pm

Business & Finance

Aurangzeb assumes chairmanship of Borrowers’ Platform

Updated 12 Oct, 2026 04:36pm

Must Read

Editorials

A national emergency demands local bodies

Editorials

SOEs: An unending burden on the exchequer

Opinion

The oil price — Pakistan and the US

Opinion

Sacred cows and shrinking pies

BR Research

Remittances: The external lifeline holds

BR Research

Interview with Arshad Anis - President, Teach the World Foundation: ‘We, as a country, do not have the luxury of time anymore’

Editorials

Reform, not more privilege

Editorials

Lahore’s expanding pollution season

Opinion

Rice export in hot waters

Sports

Maaz Sadaqat, Imran help Pakistan thump Sri Lanka to seal T20 series

Opinion

Pakistan’s jugular vein in turmoil

Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisation

Gold price per tola drops Rs2,100 in Pakistan

Tariq Kirmani steps down as PRL chairman on health grounds

Gold gains on weaker oil, dollar; US inflation data in focus

Oil prices rise 2% as attacks on Saudi Arabia overshadow Trump's diesel deal

Meezan Bank approves Rs49bn in financing under govt’s GHTA Scheme

Emergency, governor's rule imposed in KP as president approves cabinet decision

Pakistan seeks Libyan crude as it diversifies oil supplies amid Middle East supply disruptions

Sacred cows and shrinking pies

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 12	277.17 ▼ -0.03
USD PKR Interbank Buying / Oct 12	276.97 ▼ -0.03
USD to Japanese Yen / Oct 12	158.36 ▲ 0.05
USD to Swiss Franc / Oct 12	0.83 ▲ 0.0006
Pound Sterling to USD / Oct 12	1.32 ▲ 0.0007
Euro to USD / Oct 12	1.12 ▲ 0.0003
SOFR % / Oct 8	3.87 ▼ -0.01

Stock	Volume
S&P 500 / Oct 9	7,811.54
Tokyo Nikkei / Oct 9	69,030.92
Nasdaq / Oct 9	27,366.17
Dow Jones / Oct 9	51,654.95
India Sensex / Oct 12	71,975.76
Hang Seng / Oct 12	24,256.86
FTSE 100 / Oct 12	10,606.77
Germany DAX 30 / Oct 12	25,208.85
France CAC40 / Oct 12	7,842.99

Item	Value
Crude Oil USD/Barrel / Oct 12	90.66
Karachi Cotton PKR/37.32 KG / Oct 12	18,680
Gold 10 Grams PKR / Oct 12	377,174
Gold Spot USD/Ounce / Oct 12	4,189.13
Cotton US¢/pound / Oct 12	80.29
Petrol/Litre / Oct 13	395.37
Diesel/Litre / Oct 13	396.85

Gainers
Losers
Leaders

Stock	Price
Unicap Modaraba / Oct 12 Unicap Modaraba(UCAPM)	7.98 ▲ 1 (14.33%)
Amreli Steels / Oct 12 Amreli Steels Limited(ASTL)	18.22 ▲ 1.66 (10.02%)
PIA Holding Co.Ltd / Oct 12 PIA Holding Company Limited(PIAHCLA)	23.71 ▲ 2.16 (10.02%)
Secure Logistics-Trax Group / Oct 12 Secure Logistics-Trax Group Limited(SLGL)	14.50 ▲ 1.32 (10.02%)
F.Credit & Inv / Oct 12 First Credit and Investment Bank Limited(FCIBL)	44.41 ▲ 4.04 (10.01%)

Stock	Price
Century Ins. / Oct 12 Century Insurance Company Limited(CENI)	40.36 ▼ -20.14 (-33.29%)
Pak Oilfields / Oct 12 Pakistan Oilfields Limited(POL)	673.03 ▼ -91.26 (-11.94%)
LSE Financial Serv. / Oct 12 LSE Financial Services Limited(LSEFSL)	2.86 ▼ -0.33 (-10.34%)
First Tri-Star Mod. / Oct 12 First Tri-Star Modaraba(FTSM)	41.44 ▼ -4.6 (-9.99%)
Shadman Cotton / Oct 12 Shadman Cotton Mills Limited(SHCM)	80.70 ▼ -8.95 (-9.98%)

Stock	Volume
Treet Corp / Oct 12 Treet Corporation Limited(TREET)	27,311,850 ▲ 0.37
WorldCall Telecom / Oct 12 Worldcall Telecom Limited(WTL)	20,349,561 ▼ -0.02
Waves Home Appliances / Oct 12 Waves Home Appliances Limited(WAVESAPP)	19,790,254 ▲ 0.05
Pakistan Refinery / Oct 12 Pakistan Refinery Limited(PRL)	16,632,005 ▲ 0.38
Cnergyico PK / Oct 12 Cnergyico PK Limited(CNERGY)	14,450,611 ▼ -0.11

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 12	277.17 ▼ -0.03
USD PKR Interbank Buying / Oct 12	276.97 ▼ -0.03
USD to Japanese Yen / Oct 12	158.36 ▲ 0.05
USD to Swiss Franc / Oct 12	0.83 ▲ 0.0006
Pound Sterling to USD / Oct 12	1.32 ▲ 0.0007
Euro to USD / Oct 12	1.12 ▲ 0.0003
SOFR % / Oct 8	3.87 ▼ -0.01

Stock	Volume
S&P 500 / Oct 9	7,811.54
Tokyo Nikkei / Oct 9	69,030.92
Nasdaq / Oct 9	27,366.17
Dow Jones / Oct 9	51,654.95
India Sensex / Oct 12	71,975.76
Hang Seng / Oct 12	24,256.86
FTSE 100 / Oct 12	10,606.77
Germany DAX 30 / Oct 12	25,208.85
France CAC40 / Oct 12	7,842.99

Item	Value
Crude Oil USD/Barrel / Oct 12	90.66
Karachi Cotton PKR/37.32 KG / Oct 12	18,680
Gold 10 Grams PKR / Oct 12	377,174
Gold Spot USD/Ounce / Oct 12	4,189.13
Cotton US¢/pound / Oct 12	80.29
Petrol/Litre / Oct 13	395.37
Diesel/Litre / Oct 13	396.85

Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisation

Gold price per tola drops Rs2,100 in Pakistan

Tariq Kirmani steps down as PRL chairman on health grounds

Gold gains on weaker oil, dollar; US inflation data in focus

Oil prices rise 2% as attacks on Saudi Arabia overshadow Trump's diesel deal

Meezan Bank approves Rs49bn in financing under govt’s GHTA Scheme

Emergency, governor's rule imposed in KP as president approves cabinet decision

Pakistan seeks Libyan crude as it diversifies oil supplies amid Middle East supply disruptions

Sacred cows and shrinking pies

Latest Videos

Petrol prices: the case for deregulation

How bank card discounts work

Making electric scooters more affordable and accessible

Why Loop barely posts on social media

mjafferjee's owner on customers who bash businesses unnecessarily

Business & Finance

Govt decreases petrol price by Rs2.93, increases diesel's by Re0.61 per litre

New prices effective for Tuesday, October 13

Published 12 Oct, 2026 11:32pm

BR Research

Remittances: The external lifeline holds

Pakistan’s remittances continue to provide much-needed support to the external account, with inflows reaching...

Updated 12 Oct, 2026 05:32am

Aurangzeb assumes chairmanship of Borrowers’ Platform

Finance minister emphasised that the platform would promote mutual learning and technical cooperation

Updated 12 Oct, 2026 04:36pm

Currency

Rupee records gain against US dollar

Settles at 276.97 against greenback

Updated 12 Oct, 2026 07:29pm

BR Research

Interview with Arshad Anis - President, Teach the World Foundation: ‘We, as a country, do not have the luxury of time anymore’

Arshad Anis is the President of Teach the World Foundation (TTWF), an organisation working to improve access to...

Updated 12 Oct, 2026 05:35am

Commodities

Gold price per tola drops Rs2,100 in Pakistan

International rate of gold declines by $21 to reach $4,174 per ounce

Updated 12 Oct, 2026 07:45pm

Rates.Pakistan Economic Indicators

Pakistan to refinance short-term external debt to reduce rollover risks: Aurangzeb

Pakistan is “not in a rush” to issue bonds this fiscal year, says finance minister

Published 12 Oct, 2026 12:26pm

Commodities

Pakistan seeks Libyan crude as it diversifies oil supplies amid Middle East supply disruptions

Turkish seismic vessel is expected to arrive next month to begin data acquisition in the Indus Basin, says Petroleum Minister Ali Pervaiz

Updated 12 Oct, 2026 01:00pm

Companies

Tariq Kirmani steps down as PRL chairman on health grounds

Tariq Kirmani has resigned as chairman and director of Pakistan Refinery Limited (PRL) on health grounds, effective... Published 12 Oct, 2026 10:56am

Financial

Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisation

Privatisation of 5 or 6 entities could raise more than $1 billion, says Aurangzeb
Talks ongoing with United States on proposed $10 billion exchange stabilisation facility

Updated 12 Oct, 2026 05:27pm

BR Research

August FCA, lower than feared

August’s power bill looked considerably more expensive than it eventually turned out to be. But the regulator’s...

Published 09 Oct, 2026 05:27am

BR Research

Interview with Liu Xueliang, Vice President of BYD Co., Ltd. and General Manager of BYD Asia Pacific Auto Sales Division

‘Pakistan can become a regional manufacturing and export base for NEVs’

Updated 09 Oct, 2026 08:12am

BR Research

OMC sales rise, but core demand remains weak

Pakistan’s oil marketing companies ended 1QFY27 with higher overall sales, but the headline growth masks continued...

Updated 08 Oct, 2026 07:02am

BR Research

Treet Corporation Limited: performance and outlook

Treet Corporation Limited (PSX: TREET) is the flagship company of the Treet Group, with its core business centred on...

Updated 08 Oct, 2026 07:07am

Pakistan

Russian interior minister arrives in Pakistan on four-day visit

This marks the first visit to Pakistan by a Russian interior minister

Published 12 Oct, 2026 09:12pm

Govt minister confirms KP CM, cabinet members in ‘preventive custody’

President Zardari on Sunday declared a state of emergency and suspended KP govt

Published 12 Oct, 2026 07:02pm

Pakistan, Brazil military chiefs discuss strengthening defence cooperation

Brazilian military chief receives Guard of Honour upon his visit to GHQ

Published 12 Oct, 2026 05:47pm

2026-10-12-01-53

Pakistan condemns Houthi attack on Riyadh airport

ISLAMABAD: Pakistan strongly condemned the latest terrorist attack by the Houthi militia targeting King Khalid... Published 12 Oct, 2026 04:45am

2026-10-12-01-53

Deployment of Army in KP notified

ISLAMABAD: The federal government on Sunday approved the deployment of Pakistan army troops in Khyber Pakhtunkhwa to... Published 12 Oct, 2026 04:45am

2026-10-12-01-53

Governor’s rule, Emergency imposed on KP

ISLAMABAD: The federal government on Sunday imposed an emergency and governor’s rule in Khyber Pakhtunkhwa (KP),... Published 12 Oct, 2026 04:45am

World

Middle East

Houthis claim attack targeting Riyadh airport with ballistic missile

The group also targeted the Khamis Mushait base in the kingdom's south with a drone

Published 13 Oct, 2026 12:37am

Middle East

Saudi Arabia faces new missile and drone fire after major attacks on airports

Ongoing Houthi attacks keep Riyadh airport closed, signaling a significant escalation in the Saudi-Yemen conflict

Published 12 Oct, 2026 07:15pm

USA

Trump defends Russia diesel deal as lawmakers from both parties complain

Deal to cut fuel prices sparks bipartisan outcry, as critics warn it undermines sanctions and aid for Ukraine

Published 12 Oct, 2026 08:46pm

Middle East

Iran says it will reply to US response on Hormuz proposal once review over

Iran reviews the US response on the Strait of Hormuz, as negotiations remain stalled over differing priorities for discussion

Published 12 Oct, 2026 04:12pm

USA

Garfield plays OpenAI CEO Sam Altman in the film

Published 12 Oct, 2026 11:40am

World

Turkiye social media ban for under-15s takes effect Nov 1

England cricket reaches a record 39 centrally contracted players, expanding its talent pool with new additions and securing long-term deals for key stars

Updated 12 Oct, 2026 09:49pm

Sports