Home - Business Recorder

Updated 35 minutes ago

Pakistan’s real growth forecast stays unchanged: State Bank

But says risks to the growth outlook remain skewed to the downside

Next two to three days are crucial: Asif

Updated about an hour ago

Steps to be taken to safeguard IWT: Dar

Updated about an hour ago

New canals: CCI nullifies ECNEC approval, IRSA certificate

Updated about an hour ago

SBP sees FY25 inflation of 5.5–7.5pc, real GDP growth of 2.5-3.5pc

Updated about an hour ago

Pakistan: World Bank likely to extend CD for CASA-1000

Updated about an hour ago

Reciprocal trade situation with US: NA body urges MoC, Pakistan Embassy to continue efforts

Updated about an hour ago

Aurangzeb highlights Pakistan’s economic turnaround

Updated about an hour ago

Tax laws bill may be part of FY26 Finance Bill: Non-filers to face curbs on economic deals

Updated about an hour ago

Bilawal pledges support to govt against India

Updated 39 minutes ago

Macroeconomic improvement: Fiscal discipline, policy reforms will be crucial for Pakistan: ADB

Updated about an hour ago

Must Read

Editorials

Taking stock of economic situation

BR Research

The silent dollar squeeze

Opinion

State of the economy

Editorials

Coming to grips with increased US tariffs

BR Research

Wait is over

Opinion

Pakistan and rating agencies

Pakistan

India bans 16 Pakistani YouTube channels after Pahalgam attack

Startup Recorder

Pakistanis make waves at Dubai AI Week 2025

BR Research

HBL – profits grow despite challenges

Opinion

Uniting Pakistan: bridging provincial divides for shared prosperity

Editorials

WHO pandemic treaty

Pakistan open to ‘neutral, transparent’ probe into Pahalgam attack: PM Shehbaz

Budget 2024-25: income tax calculator for FY25

Kohala Hydropower Project: Chinese co urges Pakistan govt to extend LoS

Pakistan Navy repels Indian aircraft carrier deployed in Arabian Sea

Diplomatic setback for India at UNSC as Pakistan, China block pro-India statement on Pahalgam attack

NJLI Sarmaya Growth Fund Rates

Rupee-dollar parity: Procuring dollars from market not a sustainable policy: Pasha

Pakistan stocks retreat after positive start, KSE-100 Index closes over 1,400 points lower

Revenue requirements of SSGC: Decision delayed by Ogra creates controversy

Exporters sound the alarm over highways closures in Sindh

Pakistan pharma sector deploys AI, other advanced technologies in drug development

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 28	281.26
USD PKR Interbank Buying / Apr 28	281.06
USD to Japanese Yen / Apr 28	142.05
USD to Swiss Franc / Apr 28	0.82
Pound Sterling to USD / Apr 28	1.34
Euro to USD / Apr 28	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 28	5,528.75
India Sensex / Apr 28	80,218.37
Tokyo Nikkei / Apr 28	35,839.99
Nasdaq / Apr 28	17,366.13
Hang Seng / Apr 28	21,971.96
FTSE 100 / Apr 28	8,417.34
Dow Jones / Apr 28	40,227.59
Germany DAX 30 / Apr 28	22,271.67
France CAC40 / Apr 28	7,573.76

Item	Value
Crude Oil USD/Barrel / Apr 28	62.05
Karachi Cotton PKR/37.32 KG / Apr 28	16,985
Gold 10 Grams PKR / Apr 28	297,582
Gold Spot USD/Ounce / Apr 28	3,347.70
Cotton US¢/pound / Apr 28	67.55
Petrol/Litre / Apr 29	254.63
Diesel/Litre / Apr 29	258.64

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Apr 29 Apna Microfinance Bank Limited(AMBL)	10.30 ▲ 0.98 (10.52%)
PIA Holding Co.B / Apr 29 PIA Holding Company Limited B(PIAHCLB)	3,969.39 ▲ 360.85 (10%)
Sunrays Textile / Apr 29 Sunrays Textile Mills Limited(SUTM)	189.22 ▲ 17.2 (10%)
Shakarganj / Apr 29 Shakarganj Limited(SML)	47.94 ▲ 4.36 (10%)
Cresent Jute / Apr 29 Crescent Jute Products Limited(CJPL)	3.49 ▲ 0.29 (9.06%)

Stock	Price
Tariq Corp.Pref. / Apr 29 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.88 ▼ -1 (-12.69%)
Diamond Ind. / Apr 29 Diamond Industries Limited(DIIL)	22.50 ▼ -2.4 (-9.64%)
Sanghar Sugar / Apr 29 Sanghar Sugar Mills Limited(SANSM)	48.05 ▼ -4.94 (-9.32%)
Kohinoor Power / Apr 29 Kohinoor Power Company Limited(KOHP)	5.65 ▼ -0.57 (-9.16%)
Shezan Inter. / Apr 29 Shezan International Limited(SHEZ)	185.18 ▼ -18.4 (-9.04%)

Stock	Volume
At-Tahur Ltd. / Apr 29 At-Tahur Limited(PREMA)	3,972,987 ▼ -5.08
WorldCall Telecom / Apr 29 Worldcall Telecom Limited(WTL)	2,980,824 ▲ 0.01
Sui South Gas / Apr 29 Sui Southern Gas Company Limited(SSGC)	2,500,418 ▲ 0.78
Sui North Gas / Apr 29 Sui Northern Gas Pipelines Limited(SNGP)	2,366,489 ▲ 3.54
Maple Leaf Cement / Apr 29 Maple Leaf Cement Factory Limited(MLCF)	2,312,745 ▲ 1.23

Markets →

Pakistan open to ‘neutral, transparent’ probe into Pahalgam attack: PM Shehbaz

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 28	281.26
USD PKR Interbank Buying / Apr 28	281.06
USD to Japanese Yen / Apr 28	142.05
USD to Swiss Franc / Apr 28	0.82
Pound Sterling to USD / Apr 28	1.34
Euro to USD / Apr 28	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 28	5,528.75
India Sensex / Apr 28	80,218.37
Tokyo Nikkei / Apr 28	35,839.99
Nasdaq / Apr 28	17,366.13
Hang Seng / Apr 28	21,971.96
FTSE 100 / Apr 28	8,417.34
Dow Jones / Apr 28	40,227.59
Germany DAX 30 / Apr 28	22,271.67
France CAC40 / Apr 28	7,573.76

Item	Value
Crude Oil USD/Barrel / Apr 28	62.05
Karachi Cotton PKR/37.32 KG / Apr 28	16,985
Gold 10 Grams PKR / Apr 28	297,582
Gold Spot USD/Ounce / Apr 28	3,347.70
Cotton US¢/pound / Apr 28	67.55
Petrol/Litre / Apr 29	254.63
Diesel/Litre / Apr 29	258.64

Kohala Hydropower Project: Chinese co urges Pakistan govt to extend LoS

Pakistan Navy repels Indian aircraft carrier deployed in Arabian Sea

Diplomatic setback for India at UNSC as Pakistan, China block pro-India statement on Pahalgam attack

NJLI Sarmaya Growth Fund Rates

Rupee-dollar parity: Procuring dollars from market not a sustainable policy: Pasha

Pakistan stocks retreat after positive start, KSE-100 Index closes over 1,400 points lower

Revenue requirements of SSGC: Decision delayed by Ogra creates controversy

Exporters sound the alarm over highways closures in Sindh

Pakistan pharma sector deploys AI, other advanced technologies in drug development

Business & Finance

2025-04-29-01-30

Scope of digital wallets to be expanded: PM

ISLAMABAD: In a bold move to streamline digital payments across the country, Prime Minister Shehbaz Sharif announced... Published about 7 hours ago

BR Research

The silent dollar squeeze

The current account is in surplus, with no delays in import L/Cs and profit/dividend repatriation payments. Yet, the...

Published about 7 hours ago

2025-04-29-12-53

SNGPL declares highest-ever profit and dividend for FY 2023–24

LAHORE: The Board of Directors of Sui Northern Gas Pipelines Limited (SNGPL), in its meeting held on Saturday, April... Published about 7 hours ago

Companies

Indus Motor profit after tax jumps 75% in 9 months of FY25

Indus Motor Company (IMC) posted a profit-after-tax (PAT) of Rs16.55 billion in the first nine months of the... Published about 12 hours ago

BR Research

Highnoon Laboratories Limited

Highnoon Laboratories Limited (PSX: HINOON) was incorporated in Pakistan as a private limited company in 1984 and ...

Published about 7 hours ago

Money & Banking

SBP likely to cut key policy rate by 50bps to 11.5%, brokerage house says

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) was expected to cut the key policy rate by... Published about 12 hours ago

Business & Economy

Pakistan’s sovereign dollar bonds slide as tensions with India rise

LONDON: Pakistan’s sovereign dollar bonds slid more than 3 cents on Monday, Tradeweb data showed, as the country’s... Published about 12 hours ago

Industry

Pakistan starts export of camel milk powder to China

Pakistan has started the export of camel milk powder to China, a statement from the Food ministry said on Monday.... Published about 13 hours ago

Money & Banking

Pakistan economy faces slowdown in early FY25, poised to recover in second half

SBP half-yearly report revises average inflation for FY25 to 5.5–7.5%

Updated about 11 hours ago

Bullion Rate

Gold declines as trade war concerns ease, US data in focus

Gold fell on Tuesday as softening trade tensions between the U.S. and its trading partners dulled the metal’s... Published about 2 hours ago

BR Research

HBL – profits grow despite challenges

HBL, Pakistan’s largest commercial bank, posted another record quarterly pretax profit at Rs16.6 billion for ...

Updated a day ago

BR Research

Pakistan Refinery Limited struggles under heavy losses

Pakistan Refinery Limited (PSX: PRL) entered FY25 on unstable footing. The company struggled with shrinking gross...

Updated about 3 hours ago

BR Research

Wait is over

It has taken 41 months for net automobile loans to circle back to the level they used to be. That’s nearly three...

Updated a day ago

BR Research

Hoechst Pakistan Limited

Hoechst Pakistan Limited (PSX: HPL) (formerly known as Sanofi-aventis Pakistan Limited) was incorporated in Pakistan...

Updated a day ago

Pakistan

2025-04-29-01-31

Pakistan security forces kill 17 terrorists near Afghan border

ISLAMABAD: Security forces eliminated 17 more terrorists during a sanitisation operation conducted in the Hassan ... Updated about 3 hours ago

2025-04-29-01-31

IIOJK CM calls for caution in Indian response

OCCUPIED SRINAGAR: India should not do anything to alienate Kashmiris in its hunt for militants who killed 26 people... Published about 7 hours ago

2025-04-29-01-07

Six-canal project officially dead in the water: Sindh CM

ISLAMABAD: The Chief Minister Sindh Syed Murad Ali Shah came out swinging on Monday, declaring victory in a bitter... Published about 7 hours ago

2025-04-29-12-53

CM Punjab directs prioritisation of road projects

LAHORE: “Prioritise road projects keeping in mind needs and usage of the people,” Chief Minister Punjab Maryam... Updated about 3 hours ago

2025-04-29-12-53

Punjab govt launches drive to ensure e-IMS installation

LAHORE: The Punjab government has launched an active enforcement drive to ensure the payment of sales tax and the... Published about 7 hours ago

2025-04-29-12-53

Punjab forms Minority Advisory Council

LAHORE: In a major step toward ensuring the representation, protection, and empowerment of minority communities, the... Published about 7 hours ago

World

USA

Carney’s Liberals win Canada election, unclear if they have majority, CTV and CBC say

OTTAWA: Canadian Prime Minister Mark Carney’s Liberals retained power in the country’s election on Monday, but it is... Published about 2 hours ago

Europe

Zelenskiyy praises killing of top Russian military figures

President Volodymyr Zelenskiyy praised Ukraine’s foreign intelligence service on Monday for the killing of top... Published about 2 hours ago

Europe

Prince William and wife Kate return to Scotland for wedding anniversary

LONDON: Britain’s Prince William and his wife Kate will head to a picturesque, rural Scottish island on Tuesday... Published about 2 hours ago

Europe

Power begins to return after huge outage hits Spain and Portugal

MADRID/LISBON: Power started returning to parts of the Iberian peninsula late on Monday after a huge outage brought... Published about 2 hours ago

South Asia

India signs $7.4bn deal to buy 26 Rafale fighter jets

NEW DELHI: India signed a deal with France on Monday to buy 26 Rafale fighter aircraft worth 630 billion rupees... Published about 7 hours ago

Editorials

Taking stock of economic situation

EDITORIAL: A well-respected former Finance Minister and academician Dr Hafeez Pasha stated on AAJ Television that ...

Moment of extreme danger

EDITORIAL: It’s one of those things that would be comical if it weren’t so tragic. As the world watches the...

Coming to grips with increased US tariffs

EDITORIAL: It appears that the authorities in Pakistan are taking the threat of US tariffs on our trade rather...

Why not fix it?

EDITORIAL: It’s rare for a sitting minister to publicly acknowledge the scale of corruption within a state...

WHO pandemic treaty

EDITORIAL: The recent landmark agreement reached by member states of the World Health Organisation (WHO) represents...

Opinion

State of the economy

Dr Hafiz A Pasha

The previous week’s article had focused on the growth performance of the economy from July 2024 to March 2025. An...

Wheat sector reforms in Pakistan: Punjab’s Electronic Warehouse Receipts regime to the rescue

Kazim Saeed

Wheat farmers are in grave difficulty. Right before harvest, the price of wheat fell more than it did last year. So...

India’s march to folly

Fahd Husain

Somewhere somehow something went terribly wrong with India. As it snarls and growls at Pakistan, and as its ...

Agri income tax: really, are we serious?—I

Syed Shabbar Zaidi

One of the main conditions of the IMF programme was introduction of proper income tax laws for agriculture income....

PARTLY FACETIOUS: ‘We can no longer suffer accountants gladly’

Anjum Ibrahim

“Just wondering about war strategies.” “Yes, daily exchange of fire across our borders with India after the...

Perspectives

The perils of Harvard-gate

Faiza Virani

Why resistance not appeasement must guide higher education

The one-share marketable lot

Raeda Latif

Recently, Pakistan Stock Exchange (PSX) introduced the one-share marketable lot for companies listed on the Stock...

Climate financing Pakistan’s survival

Aania Alam

Pakistan is the proverbial canary in the coal mine as the world descends into global climate crisis. It has recently...

Life Style

India bans 16 Pakistani YouTube channels after Pahalgam attack

Banned platforms include YouTube channels of news outlets Dawn, Samaa TV, ARY News , Bol News , Raftar , Geo News, and Suno News

Published about 19 hours ago

Life & Style

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